IKS Healthcare, which gave the Jhunjhunwala family a 530-fold return on their investment during its December 2024 listing, is held by three discretionary trusts of the promoter family – Nishtha, Aryavir and Aryaman – with each owning 16.37% of the…
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India’s remittances from the Gulf may face a hit. This could impact the country’s current account deficit. The West Asia conflict is disrupting global trade. India’s export growth might slow. Crude oil prices are expected to rise. This will increase…
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Global economic growth is expected to slow to 3.2 per cent in calendar year 2026 from 3.4 per cent in the previous year, as the ongoing West Asia conflict triggers what is being described as the largest energy shock on…
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The Reserve Bank of India is proposing new rules for identifying top non-banking finance companies. An asset size of over Rs 1 lakh crore will now determine if a company is in the upper layer. Government-owned entities will also be…
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Amid diplomatic efforts to achieve a comprehensive solution to the hostilities in West Asia, US President Donald Trump on Friday (local time) warned that the United States is prepared to launch an intense military strike on Iran using its “best…
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The Supreme Court has asked Samsung, LG, Vivo, and Oppo to respond to a customs department appeal challenging a lower 12% IGST on imported lithium-ion batteries. The department argues these batteries, with independent commercial identity, should face a 28% IGST,…
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