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Canara Robeco Mutual Fund is headed for an IPO, with Canara Bank and Orix Corporation set to offload shares. Managing ā¹1 trillion in assets, the AMC joins a rare club of listed asset managers in India, tapping into a fast-growing investor base.
Apple plans to produce every US-bound iPhone in India by 2026, shifting over 60 million units annually. Tata and Foxconn lead the move, driven by tariff hikes and strained US-China ties. Indiaās role in global smartphone manufacturing is rapidly expanding.
Alphabet kicked off earnings season with a bang: revenue jumped 12% to $90.2B, and net income surged 46%. Despite AI challenges, Googleās search, YouTube ads, and cloud services all soared. A $70B buyback and AI investments fueled Wall Street excitement.
Google's earnings, Maruti's slowdown, and Infra deals. š Morning, folks! Itās officially "step outside and instantly regret it" season in India. š„ Hope you're staying cool (and hydrated). Meanwhile, India's forex reserves are heating up tooārising for the seventh straight week. They jumped $8.3 billion to hit a six-month high of $686.1 billion as of April 18. The reserves have now climbed $47.5 billion in seven weeks, just $19 billion short of breaking the all-time record set last Septemb
India aims to boost its nuclear capacity from 8 GW to 100 GW by 2047. With coal declining and solar needing backup, opening nuclear energy to private and foreign investment could fast-track the transition.
For over 60 years, the Indus Waters Treaty kept flowing through wars and diplomacy deadlocks. But following the Pahalgam terror attack, India has paused the accord ā turning water into strategic leverage for the first time.
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