India’s real estate sector saw a strong post-pandemic recovery, with residential sales rising 77% between FY2019 and FY2025 and a surge in luxury housing demand. Office leasing, warehousing, and industrial spaces also grew, supported by GCCs and logistics needs. Despite…
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By 2035, AI-driven automation is expected to boost support to manufacturing productivity globally, with artificial intelligence detecting defects at 90 per cent accuracy and improving quality control by 35 per cent., according to a recent report by the ASSOCHAM-Odisha State…
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ICAI will take at least six months to review the financial statements of IndusInd Bank and Gensol Engineering to ascertain audit lapses. The review follows concerns about incorrect recognition of derivative trades and alleged fund diversions. ICAI will also host…
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Jio Financial Services has acquired a 17.8% stake in Jio Payments Bank from SBI, making it a wholly-owned subsidiary. This follows RBI approval and coincides with Jio BlackRock’s launch of mutual fund schemes, aiming to offer innovative investment products. The…
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PNGS Reva Diamond Jewellery, based in Pune, has submitted preliminary documents to Sebi to raise Rs 450 crore through an IPO, consisting entirely of a fresh issue of equity shares. The company intends to use the IPO proceeds to establish…
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ICRA projects India’s real GDP growth to exceed 6.5% and GVA growth to surpass 6.3% for FY26. CPI inflation is expected above 4.2%, with a fiscal deficit of 4.4% of GDP. Rural demand will likely remain strong, supported by Rabi…
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