Business Archives - Page 4 of 70

Vedanta’s Mega Demerger Rings in New Era; BSE CEO Compares Journey to ‘Samudra Manthan’

June 19, 2026June 19, 2026 - by Ashis Sinha

Vedanta Group marked a historic milestone as four newly demerged companies debuted on BSE and NSE. BSE CEO Sundararaman Ramamurthy compared Anil Agarwal’s journey to Samudra Manthan, praising the group’s role in India’s growth story.

India’s Defence Production Hits Record ₹1.78 Lakh Crore, Marks 110% Growth in Five Years

June 17, 2026 - by The Researchers

India’s defence production reached a record ₹1.78 lakh crore in FY 2025-26, registering 15.6% annual growth and a 110% surge since FY21, Defence Minister Rajnath Singh announced.

G7 Summit 2026: Trump, Modi Meeting Features Handshake, Photo Session and Bilateral Talks

June 16, 2026June 16, 2026 - by The Researchers

Donald Trump and Narendra Modi met at the G7 Summit 2026 to discuss trade, technology, defense cooperation, visas, and global security issues.

Vedanta Demerger: ESL Steel Becomes Subsidiary of Vedanta Iron & Steel Limited

June 16, 2026June 16, 2026 - by The Researchers

ESL Steel Limited has become a subsidiary of Vedanta Iron & Steel Limited (VISL) following Vedanta’s demerger. The move aims to drive growth, improve operational efficiency, and create long-term stakeholder value.

India, Nepal Launch UPI-NPI Link for Instant Cross-Border Money Transfers

June 11, 2026June 11, 2026 - by The Researchers

India and Nepal have launched a direct UPI-NPI payment link, enabling seamless, secure and real-time cross-border money transfers through mobile banking apps and digital wallets, boosting financial connectivity and regional economic ties.

No More Retail Fuel for Industries: Centre Imposes 90-Day Restriction on Bulk Buyers

June 8, 2026June 12, 2026 - by The Researchers

The Indian government has barred institutional and commercial users from buying petrol and diesel at retail fuel stations for up to 90 days, aiming to protect supplies for ordinary consumers amid rising demand and global energy uncertainties.

Google Signs Massive $920 Million-a-Month AI Computing Deal With SpaceX

June 6, 2026 - by The Researchers

Google has signed a massive $920 million-per-month agreement with SpaceX to secure AI computing power and thousands of NVIDIA GPUs, highlighting the escalating global race for artificial intelligence infrastructure.

India to Send Technical Team to Venezuela to Explore New Energy Opportunities

June 5, 2026June 5, 2026 - by The Researchers

India will send a technical team to Venezuela to explore new energy opportunities following talks between Union Minister Hardeep Singh Puri and Venezuelan leader Delcy Rodríguez, strengthening bilateral energy cooperation and investment prospects.

Bloomberg Retracts Explosive Report Claiming RBI Sold Gold

Bloomberg Backs Down: Retracts Report Claiming RBI Sold Gold to Defend Forex Reserves

June 5, 2026June 5, 2026 - by Ashis Sinha

Bloomberg has retracted its report alleging that the RBI sold gold to protect India’s forex reserves. The central bank’s denial has been vindicated as official data confirm India’s gold holdings remain unchanged.

Vietnam Seals BrahMos Missile Deal; Indonesia in Final Stage of Negotiations

May 30, 2026 - by The Researchers

India has signed a BrahMos missile deal with Vietnam, while a similar agreement with Indonesia is in the final stages, Defence Secretary Rajesh Kumar Singh revealed at the Shangri-La Dialogue in Singapore.