The Adani Group, an Indian multinational conglomerate, has come under scrutiny as U.S.prosecutors in New York allege the company paid around $250 million in bribes to Indian Officials to secure solar energy contracts. This investigation, under the Foreign Corrupt Practices Act (FCPA), has raised concerns among global investors and…
Donald Trump has won the U.S. presidential election and will take over white house as the 47th President of the United States of America on January 20, 2025. Here, we explore potential outcomes for the future during his presidency. Donald Trump is known for his unpredictable tendencies and…
RBI governor Shaktikanta Das has announced the monetary policy statement keeping the repo rate unchanged at 6.5%. Repo rate is the rate at which commercial banks can borrow funds from RBI by depositing their securities to the bank. It is 9th consecutive time the bank has decided to…
Overview The Indian electric vehicle industry is changing itself to restructure the transportation scenery with enormous potential driving people to slowly lean towards a change towards brighter and eco-friendly future for India while becoming a major producer as well as a key supplier of EVs into the world…
Overview With as high as about seven percent contribution to the overall GDP, and 49 percent to the manufacturing GDP while generating direct and indirect employment opportunities for its masses, and believed to be the key reason for India being the third largest economy in the world. Besides,…
Overview The Indian Banking industry has been a key pillar of growth with an active GDP contribution of up to around 12%, but it has promoted financial inclusion through various initiatives targeted to bring the country’s underbanked population under the banking gamut. Counted among the most stable banking…
Overview The Indian Cement Industry has been a pillar of strength in nation-building along with Industries like Steel and Iron Industries in India. Not only do they form a significant chunk of the Country's GDP, but they also have been instrumental in infrastructure building as well as employment…
Verlinvest Asia Exits Sula Vineyards: Cheers or Tears for Indian Winemaker? Verlinvest Asia, a key investor in Indian winemaker Sula Vineyards, is moving ahead to a full exit. The Belgian firm is offloading its remaining 8.34% stake, marking a complete departure from the company it helped build over…
India's Monetary Policy Committee decided to keep the benchmark repo rate unchanged for the sixth straight meet even as food inflation concerns persist while economic activity stays resilient. The MPC decided: To keep the repo rate unchanged at 6.5% by a 5:1 majority. The standing deposit facility rate,…