Business

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…

India’s push into global wine markets is beginning to gain attention as fruit-based wines slowly find space alongside traditional grape labels overseas. As growth in domestic wine consumption remains muted, exporters are leaning on international demand to fuel expansion, ET reported. In the first seven months of the current financial year, wine shipments from India…

Dalal Street is headed into the final stretch of the year as investors brace for a week driven by economic data releases, global developments and the flow of foreign funds. Analysts expect trading to remain largely range-bound, with sentiment hinging on a mix of domestic indicators and overseas cues, while automobile sales numbers are also…

India on Sunday paid tribute to late Ratan Tata on his 88th birth anniversary, as political leaders, industrialists and institutions gathered to remember the businessman.Tata Group chairman N Chandrasekaran paid homage to Ratan Tata at Bombay House, garlanding the statue of the late industrialist and philanthropist, Ratan Tata, the former chairman of the Tata Group.Recalling…

This is a representative AI image (Credit: Chatgpt) As the curtain begins to fall in 2025, India’s economic story resists easy labels. Was it the year the country was squeezed by global trade wars and tariffs? Or was it a rare “Goldilocks” moment, marked by strong growth, low inflation and ample policy room to support…

Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….

Indians are making changes to their travel patterns for the New Year, travelling to destinations beyond Thailand and Cambodia to regions like Vietnam, Indonesia, Sri Lanka, Japan and parts of West Asia, travel industry executives said. The transition comes after the two south Asian nations have been at continued border violence. The clashes, which continued…

MUMBAI: Zepto has filed draft IPO papers seeking to raise up to Rs 11,000 crore (around $1.2 billion) with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said.The bulk of the IPO, it is understood, will be a fresh issue of shares. A clutch of…

Chile’s state-owned Codelco, the world’s leading copper producer, and private miner SQM, which features Chinese capital, announced Saturday the creation of a giant company to exploit lithium, a lightweight metal used in batteries for electric vehicles.The South American country is the world’s second-largest producer of lithium, a key component of EVs and other clean technologies,…

In its latest rich list for the year 2025, Hurun India awarded Indian-origin billionaire Jayshree Ullal, the Chief Executive Officer (CEO) and President of Arista Networks. With this achievement, she has successfully surpassed popular Indian-origin tech leaders such as Google’s Sundar Pichai and Microsoft’s Satya Nadella in the list of wealthiest executives in the tech…