New Delhi: India’s annual defence production has surged to an all-time high of Rs 1.78 lakh crore in the Financial Year (FY) 2025-26. The milestone represents a 15.6% growth over the previous fiscal year’s output of Rs 1.54 lakh crore and a staggering 110% increase since FY 2020-21, when the figure was Rs 84,643 crore….
Washington: Two Democratic Senators have urged President Donald Trump against granting any further exemption from US sanctions on the purchase of Russian oil, contending that there is no rationale for such a move, as the war with Iran is now over. In a statement here on Tuesday, Senators Jeanne Shaheen and Elizabeth Warren said the…
Why your risk appetite evolves as your wealth grows By BG Srinivas For decades, financial advisers have asked investors a seemingly straightforward question: How much loss can you tolerate? Ten per cent? Twenty per cent? Thirty per cent? The answer, however, may be fundamentally flawed. A 30 per cent loss on a ₹5 lakh portfolio…
For yet another year, Telangana’s paddy procurement issue has transformed into a predictable political spectacle rather than a serious exercise in agricultural governance. Every harvest season, the same script unfolds: farmers wait anxiously, procurement centres struggle to cope, paddy piles up in the open, and the ruling dispensation in Hyderabad rushes to accuse the Narendra…
Washington: The peace deal between the US and Iran merely marks a return to the pre-war status quo and negotiations over the next 60 days will determine whether Washington is able to secure its objectives with which it attacked Tehran, according to an expert. Will Todman, Senior Fellow in the Middle East Programme at the…
Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trade on Monday, mirroring a rally in global equities and a sharp decline in crude oil prices, after the US and Iran finalised a deal to end their 107-day war. The 30-share BSE Sensex jumped 1,112.70 points to 76,648.74 in early deals. The 50-share…
Bengaluru: Union Finance Minister Nirmala Sitharaman on Sunday said fluctuations in the rupee against the US dollar are driven by multiple global and domestic factors, including geopolitical uncertainties, foreign capital movements and India’s import dependence on crude oil, fertilisers and gold. She underlined that the Reserve Bank of India (RBI) intervenes only to curb excessive…
New Delhi: CineNow Ltd, a British Virgin Islands-registered company, is in the process of closing a Rs 1,350 crore fund with commitments from overseas investors and family offices to finance films in India. Most of the commitments have come for this close-ended fund with a tenure of 6 years, CineNow founder director Rohit Dalmia told…
By M. Jaishree Bharat’s much-celebrated demographic dividend may not last as long as policymakers and investors assume. A recent report by investment research firm Invictus Financial warns that the country is approaching a demographic turning point that could fundamentally alter its growth trajectory, fiscal stability and investment landscape over the next three decades. The warning…
Chennai: Tamil Nadu Chief Minister C Joseph Vijay on Friday (June 12, 2026) announced a Kuruvai Special Package for paddy cultivation in the Cauvery delta districts and other areas of the State at a cost of ₹134.83 crore. According to an official release, paddy is cultivated in 52.72 lakh acres across the State. In the…
