The Ministry of Coal has introduced a streamlined approval framework to accelerate coal and lignite exploration in India. The revised process aims to reduce procedural delays, promote technological advancement, and encourage greater participation from private sector exploration agencies. Key Reform: Peer Review-Based Approval Previously, exploration programmes and Geological…
What is the Groww Multi Asset OMNI FOF? Groww Multi Asset OMNI FoF aims to simplify diversified investing by combining multiple asset classes and multiple fund managers in a single, adaptive portfolio guided by structured asset allocation and data-driven insights. (source: growwmf.in) Why consider the Groww Multi Asset…
Embassy Office Parks REIT, India’s first publicly listed real estate investment trust, has announced a major portfolio expansion with the acquisition of a premium office property located in Bengaluru’s renowned Embassy Golf Links Business Park. The REIT has entered into definitive agreements to purchase the 0.3 million sq.…
Websol Energy System Ltd. has signed a Memorandum of Understanding (MoU) with Linton Crystal Technologies to explore the establishment of photovoltaic ingot and wafer production capabilities in India. The move signals Websol’s intent to expand beyond its existing solar cell and module portfolio and strengthen its position in…
India’s Unified Payments Interface (UPI) continued its strong momentum in November, recording 20.47 billion transactions during the month. While transaction volume saw a marginal 1% decline compared to October, this dip is attributed to elevated festive-season spending in the previous month. Despite the slight month-on-month adjustment, the platform…
India’s digital ecosystem continues to expand at a strong pace, with Aadhaar authentication volumes reaching 231 crore transactions in November 2025. According to data released by the Unique Identification Authority of India (UIDAI), this represents an 8.5% year-on-year increase, reaffirming Aadhaar’s growing role in digital governance, financial access,…
Yes Bank and Union Bank of India are set to become part of the Nifty Bank index at the end of December 2025, following changes aligned with the revised weightage framework issued by the Securities and Exchange Board of India (SEBI). The move marks a significant reshuffle within…
The Defence Research and Development Organisation (DRDO) has recorded a significant advancement in India’s aerospace defence capabilities by successfully completing a high-speed rocket-sled test of a fighter aircraft emergency escape system. The controlled-velocity test was conducted at the Rail Track Rocket Sled (RTRS) facility of the Terminal Ballistics…
Mahindra Lifespace Developers Ltd. has strengthened its presence in Mumbai’s premium real estate market after being selected as the preferred developer for a large-scale residential redevelopment project in Matunga. The project, spread across approximately 1.53 acres, carries an estimated gross development value of ₹1,010 crore. Positioned in one…
Sun Pharmaceutical Industries Ltd. has announced a major expansion move, with its wholly-owned subsidiary Sun Pharma Laboratories receiving board approval for a ₹3,000 crore investment to establish a new greenfield formulations manufacturing plant in Madhya Pradesh. The update was confirmed through a regulatory filing on Monday, highlighting the…
