India’s exports to Nepal saw a sharp decline in September, dropping 16.6% year-on-year to $516.62 million, as political turmoil and youth-led protests disrupted trade routes in the Himalayan nation. The decline reversed recent gains and highlighted the vulnerability of India’s overland trade corridors. In contrast, exports to countries…
GRM Overseas Limited has announced a strategic distribution partnership with Saudi Arabia’s Seven Star Company Limited on October 20, 2025, marking a major step in expanding its international footprint. Under the agreement, GRM’s premium basmati rice brand, ‘10X’, will be exported to the Kingdom of Saudi Arabia, reaching…
The Ministry of Mines has introduced amendments to the Mineral (Auction) Rules, 2015, aimed at fast-tracking the operationalisation of auctioned mineral blocks. The reforms, effective October 17, 2025, establish clear milestones, time-bound incentives, and penalties to encourage timely production and discourage delays by successful bidders. Clear Milestones for…
Brazilian President Luiz Inácio Lula da Silva has announced plans to forge a strategic alliance with India, aiming to enhance trade, technology cooperation, and bilateral economic ties. The initiative targets US$20 billion in trade within five years, reflecting ambitions to strengthen both nations’ economic growth. Brazil-India Trade Ambitions…
Shares of Bharat Rasayan Ltd. surged by up to 12% on Monday, October 20, following the company’s announcement that its board will meet to consider a bonus share issue and a stock split alongside its September quarter results. Board Meeting and Record Date The company stated in an…
After three months of net withdrawals, foreign portfolio investors (FPIs) have made a strong comeback into Indian equities, injecting ₹6,480 crore so far in October. This reversal follows significant outflows in the previous three months — ₹17,700 crore in July, ₹34,990 crore in August, and ₹23,885 crore in…
HDFC Bank Limited has posted a strong performance in the second quarter of FY26, with profit after tax (PAT) rising 10.8% year-on-year to ₹18,640 crore, reflecting healthy lending operations, steady revenue growth, and disciplined asset management. The results were approved by the Board of Directors on October 18,…
L&T Technology Services Sets USD 2 Billion Revenue Target for FY26 with Mid-16% EBIT Margin Guidance
L&T Technology Services (L&T Tech) has unveiled its strategic growth vision for FY26, aiming for USD 2 billion in revenue and projecting EBIT margins in the mid-16% range for Q4 FY27 to Q1 FY28. The company’s guidance reflects confidence in its ability to expand market share, capture new…
HDFC Mutual Fund has resumed full subscription access to its HDFC Silver ETF Fund of Fund (FoF). Investors can now make lump-sum investments, switch-ins, and new registrations for SIPs (Systematic Investment Plans) and STPs (Systematic Transfer Plans) without any restriction. Reason for Temporary Cap The resumption follows a…
JSW Steel, one of India’s leading steel producers, has outlined its strategic plans for FY26, emphasizing growth, modernization, and financial prudence. The company has announced an annual capital expenditure of ₹20,000 crore and aims to maintain a net debt to EBITDA ratio below 3X, highlighting its focus on…