Bihar’s longest-serving Chief Minister, Nitish Kumar, faces a crucial electoral battle at 74, seeking to retain his post with the BJP-led NDA. This election tests his legacy and JD(U)’s relevance amidst evolving political dynamics and challenges from rivals like Tejashwi Yadav and Prashant Kishor.
India is projected to remain the G-20’s fastest-growing economy, with Moody’s forecasting 6.5% growth through 2027. Robust infrastructure, strong consumer demand, and export diversification are key drivers, enabling India to navigate U.S. tariffs by redirecting shipments. A neutral monetary policy and subdued inflation further support this resilience.
The National Assessment and Accreditation Council has issued a show-cause notice to Al-Falah University in Faridabad. The university is accused of displaying false accreditation information on its website. NAAC stated that Al-Falah University is neither accredited nor has volunteered for Cycle-1 for Assessment and Accreditation. This action is being taken as the university has published misleading information online.
Indian sweets giant Haldiram Group is reportedly in talks to bring American sandwich chain Jimmy John’s to India. This move signals a significant expansion into the Western-style quick service restaurant segment. The partnership aims to target younger, urban consumers with global flavors. If finalized, it could reshape India’s food services market.
SBI Funds Management Ltd. is planning a significant initial public offering. The asset manager aims to raise as much as $1.2 billion. This IPO could take place in Mumbai during the first half of 2026. Banks will be invited to pitch for mandates soon. SBI Funds may be valued at $12 billion.
Blackstone and SoftBank are in early discussions to buy stakes in Indian cloud startup Neysa Networks, which provides cloud infrastructure. Founded in 2023, Neysa may be valued below $300 million. A deal would mark SoftBank’s first India investment in three years and expand Blackstone’s digital infrastructure presence in the country.
The government on Wednesday announced a set of schemes with an outlay of Rs 45,060 crore to support exporters across various sectors.
Nippon Life India Asset Management is joining forces with Germany’s DWS Group, a major European asset manager. DWS plans to acquire a significant minority stake in NAM India’s AIF subsidiary to build a joint Alternative Investment Fund business. The collaboration also targets passive investment products and global distribution, marking a strategic expansion for both firms.
Aditya Birla Group’s aggressive entry into the paints market with Birla Opus initially threatened market leader Asian Paints. However, Asian Paints has demonstrated resilience, reporting strong volume growth and maintaining profitability. Analysts suggest that long-term relationships are proving more crucial than short-term discounts, with Birla Opus’s rapid growth moderating.
Isprava Group, a leader in Goa’s luxury real estate, is set to receive an Rs 850-crore investment from Alta Capital. This significant funding will fuel expansion into popular vacation spots like Goa and Alibaug. The investment will also enable international offerings for ultra-rich clients and provide exits for early investors. Alta Capital will become a major shareholder post-transaction.
India’s palm oil imports hit a five-year low in the 2024/25 marketing year, while soyoil purchases reached a record high. This shift, driven by a widening price premium for palm oil, saw its share in India’s total vegetable oil imports drop significantly. The country’s overall vegetable oil imports saw a marginal increase, with substantial spending recorded.
Global logistics leader DHL Group is investing 1 billion euros in India by 2030. The investment will expand reliable and sustainable logistics solutions. It spans vital sectors like life sciences, healthcare, new energy, e-commerce, and digitalisation.
Biocon is exploring merging its biosimilars arm, Biocon Biologics, with itself, potentially valuing the unit at $4.5 billion. The company is in advanced talks with minority investors for a share swap, considering various value creation options including an IPO or merger. This move aims to address acquisition-related debt and unlock shareholder value.
Manoj Gaur, MD of Jaypee Infratech Ltd, has been arrested by the Enforcement Directorate. The arrest is part of a money laundering probe. This investigation is linked to alleged fraud involving home buyers. Gaur was taken into custody under the Prevention of Money Laundering Act. The case focuses on alleged cheating of home buyers.
Billionbrains Garage Ventures Ltd., the entity behind the innovative platform Groww, experienced a notable rise in its stock prices on Thursday, hitting a record high. This upward trend follows an enthusiastic debut in the market, reflecting a robust demand from investors.
Enam Group Chairman Vallabh Bhanshali says India’s entrepreneurs are well-placed to thrive despite global turbulence from U.S. tariffs, China’s resource controls, and slowing world markets. With GST reforms boosting sentiment, stronger capital markets, and a government leaning toward deregulation, he believes India is entering a new era of entrepreneurial resurgence driven by superior execution, innovation, and risk-taking vision.
The Trump administration plans to bring skilled foreign workers to the US on H-1B visas. These workers will train American citizens in specialized fields for several years. After training, the foreign workers will return to their home countries.
Hasina, her home minister in the ousted Awami League government, Asaduzzaman Khan Kamal, and then inspector general of police (IGP) or police chief Chowdhury Abdullah Al-Mamun were tried in the tribunal, where the ex-premier and Kamal were tried in absentia, with the court declaring them fugitives.
Chhattisgarh has achieved a significant milestone by exporting 12,000 metric tons of copper concentrate to China. This is the largest consignment of its kind from India. The export highlights Chhattisgarh’s growing strength in the nation’s industrial and logistics sectors. The state is also a major producer of tin.
New car buyers often overpay for insurance through dealers, as it seems like an easier and more convenient option. But choosing car insurance independently, directly from the insurer or through online platforms, can unlock surprising savings. Read this article to know how smart choices like comparing plans, opting for long-term insurance, and selecting the right coverage for your new or old car can reduce costs and improve protection.
Chartered accountant Nitin Kaushik identified nine common financial blunders people make, including mixing insurance with investment and overspending due to lifestyle choices. He advises against co-signing loans, paying only minimum credit card dues, and investing in unfamiliar assets. As per him, these mistakes can lead to debt and hinder wealth accumulation.
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