CII president Rajiv Memani (Image/ANI) NEW DELHI: Days after chief economic adviser V Anantha Nageswaran’s lament on India Inc’s slow growth in investments, CII president Rajiv Memani on Tuesday said that investment announcements by the corporate sector in FY26 went up 50% to Rs 41 lakh crore, on the back of a 20% rise in…
Govt on Tuesday cleared two more semiconductor manufacturing projects, with investment of Rs 3,936 crore, pushing forward its ambitions to build a domestic chip ecosystem under the India Semiconductor Mission (ISM).One of the approvals is for Crystal Matrix (CML), which will set up an integrated facility in Dholera. The unit will focus on compound semiconductor…
Amid expectations of an increase in retail prices of petrol and diesel, the International Monetary Fund (IMF) on Tuesday suggested a pass through of higher crude prices to consumers, while arguing that India had headroom to navigate the current energy shock due to the closure of the Strait of Hormuz.“They (govt) have cut excise taxes…
You will have to shell out more for your plate of pasta, a biryani handi or namkeen and biscuits because the high cost of commercial LPG cylinders, prices of which have recently been raised for the third time and by Rs 933, coupled with an increase in plastic and packaging rates are pushing restaurants and…
Unlike some of the soft drinks majors, for beer makers, cans are not a worry, but bottles are. Bottles, which make up for as much as 40-45% of the cost, and are used in nearly 80% of the sales are in short supply, prompting companies to seek a 15-20% increase in prices and release of…
Markets regulator Sebi is planning to allow online bond platforms to offer debt securities that are regulated by the IFSCA in GIFT City to investors in India. This means if the proposal is approved by the regulator, investors in India will be able to invest in foreign bonds listed on the bourses in the GIFT…
CLSA has an outperform rating on Jindal Steel with the target price at Rs 1,420. Analysts said the company’s Jan-March quarter (Q4FY26) adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly higher than estimates, mainly on higher volumes that rose 23% on the year (YoY) with adjusted EBITDA/tonne of Rs 10,103 (+Rs 3,100/t)….
Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has recommended Castrol India, Concord Biotech, and Intellect Design Arena as the top stocks to buy today, May 6, 2026.Castrol India Ltd – Harmonic Completion with Momentum ConfirmationBuy: ₹186–₹180 | Stop Loss: ₹166 | Target: ₹214Castrol…
Biocon chief Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, founder and chairperson of Biocon, has found her successor within the family. She outlined a gradual succession plan, naming her niece Claire Mazumdar as her successor. Taking to X, she said, “Claire will transition into my role at the right time—I’m not planning to hang up my boots just…
NEW DELHI: The Modi govt on Tuesday approved an over Rs 2.5 lakh crore loan facility, backstopped by the Centre, to help businesses – from MSMEs to airlines – deal with the impact of the West Asia crisis by providing additional funding.For several companies, payment cycles have become longer as ships are taking longer routes…
