Jefferies has increased its allocation to India and Taiwan in its Asia Pacific ex-Japan relative-return portfolio, while cutting exposure to China and Indonesia, as it reassesses growth prospects and macro risks across the region, ANI reported.In its latest strategy note, the global investment bank said it has raised the weightings of India and Taiwan by…
The finance ministry has directed public sector banks and financial institutions, including insurance companies, to ensure prompt reporting of vigilance-related matters concerning whole-time directors (WTDs), citing repeated instances of delayed or incomplete disclosures, PTI reported.In an advisory issued by the Department of Financial Services (DFS) earlier this month, the ministry said adverse information about board-level…
The government has notified detailed guidelines for two major shipbuilding initiatives with a combined outlay of over Rs 44,700 crore, aimed at strengthening India’s domestic shipbuilding ecosystem and enhancing global competitiveness.The Ministry of Ports, Shipping and Waterways (MoPSW) said the two schemes — the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)…
IndiGo’s dominance of India’s domestic aviation market weakened in November after operational disruptions earlier in the month, with the carrier’s market share sliding to 63.6 per cent, according to official data released by the Directorate General of Civil Aviation (DGCA), PTI reported. Despite remaining the country’s largest domestic airline, IndiGo’s share declined from 65.6 per…
India’s exports weathered a turbulent 2025 marked by steep US tariffs, geopolitical disruptions and global trade uncertainty, with exporters adapting by diversifying markets and products –a strategy that officials and industry expect will support steady growth into 2026, PTI reported.Despite a 50% duty imposed by the US on Indian goods during the year, exporters recalibrated…
The civil aviation ministry has operationalised a round-the-clock Passenger Assistance Control Room (PACR) to address air travellers’ grievances more promptly, amid recent flight disruptions caused by operational issues and weather-related delays, PTI reported. The control room, which became functional on December 10, brings together officials from the ministry, the Directorate General of Civil Aviation (DGCA),…
India has taken a step towards cleaner farm mechanisation with the Bureau of Indian Standards (BIS) rolling out the country’s first testing standard for electric agricultural tractors. The new standard, IS 19262:2025 titled Electric Agricultural Tractors – Test Code, was released on December 24 by Union Minister for Consumer Affairs, Food and Public Distribution Pralhad…
Gold and silver are expected to hold their ground in the coming week as traders look to the US Federal Reserve’s meeting minutes for cues on the monetary policy outlook, analysts said, even as trading volumes remain subdued due to limited data releases.According to PTI, market participants will track the minutes of the Federal Open…
Satellite communication services in India will be rolled out only after operators meet security requirements and spectrum pricing is finalised, Union telecom minister Jyotiraditya Scindia said, adding that the government is also examining issues related to Vodafone Idea (Vi).In an interview to PTI, Scindia said players such as Elon Musk-owned Starlink, Eutelsat One and Jio…
India’s food delivery market is set to see its next phase of growth driven by customer experience, faster deliveries and value-conscious consumption, according to leading aggregators Swiggy and magicpin.Anshoo Sharma, founder and chief executive of magicpin, said growth in 2026 will come from deeper merchant inclusion and catering to users who are increasingly focused on…