BUSINESS
Sensex Jumps 1,000 Points, Nifty Recovers All 2025 Losses; Bank Shares and Key Factors Drive Market Rally
Both indices gained more than 1 percent due to a rise in foreign fund inflows and aggressive buying in bank stocks.
Fugitive Mehul Choksi Residing in Belgium, Plans Move to Switzerland for Treatment
But now it appears that he had also been to Antwerp, Belgium, where he is currently living with his wife, Preeti Choksi, after securing an "F Residency Card."
India Poised to Become the World's Consumption Capital: Report
The report shows that consumption is already 56% of India's GDP and is expanding at the highest rate in the world, making India poised to be the world consumption capital.
If Bangladesh can excel in readymade garment exports, why can't India, Says Yogi Adityanath
Adityanath noted that though Bangladesh, with a population of 160 million, has done well in readymade garment exports, India, with 1.4 billion people, has not been able to do so as yet. He emphasized the huge potential of India in developing a global brand in textiles, particularly in the readymade garment industry.
PM Modi's Tenure Witnesses Unmatched Growth in Infrastructure and Farmers' Welfare
Latest data that was posted by Infoindata on its X social media handle indicates that the Capital Expenditure (Capex) of the nation is likely to hit Rs 65.82 lakh crore by FY26.
PLI Scheme for Telecom Products Secures Rs 4,081 Crore Investment, Generates Rs 78,672 Crore in Sales
The scheme also provided employment to 26,351 people, according to Dr. Pemmasani Chandra Sekhar, Minister of State for Communications and Rural Development, in a written statement to the Rajya Sabha.
Trump Reaffirms 'Flexibility' on Trade Tariffs, Emphasizes Pursuit of 'Reciprocity'
During a recent press conference, Trump explained that beginning April 2, the US would impose reciprocal country-specific tariffs. The tariffs would be specifically designed to meet different factors like the tariff and non-tariff barriers of the trading partners, exchange rates, and discriminatory trade practices.
PM Modi Celebrates India's Milestone as Coal Production Surpasses 1 Billion Tonnes in 2024-25
The Prime Minister congratulated the round-the-clock efforts and endeavors of workers employed in the coal industry.
PhysicsWallah Submits Draft IPO Papers to SEBI via Confidential Route
In a press release issued on Wednesday, the Noida-headquartered company confirmed that it had submitted the pre-draft red herring prospectus (pre-DRHP) to Sebi and the stock exchanges as part of its proposed initial public offering (IPO) plans on the mainboard of the stock exchanges. However, PhysicsWallah made it clear that the pre-filing is not a certainty that the company will go ahead with the IPO.
SEBI Takes Action Against Firms Misusing Funds for Personal Gain
This move comes in response to complaints by whistleblowers that company promoters are illegally diverting funds to their relatives or front companies, instead of deploying the money for the stated purposes, including business growth.
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