Why manufacturing has lagged in India

Why manufacturing has lagged in India

For representative purposes. | Photo Credit: Getty Images A reason why India has lagged behind certain non-Western economies — such as China and South Korea — despite starting from roughly equivalent positions early in the 20th century is the relative underperformance of its manufacturing sector. While China and South Korea have seen significant increases in […]

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GCC NRIs’ investment pace tempered due to currency fluctuation concerns: Geojit ED

GCC NRIs’ investment pace tempered due to currency fluctuation concerns: Geojit ED

Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region, once prominent investors in the Indian equity market are seen shying away due to rupee depreciation and have moved to global funds, said a top financial services executive. “We were witnessing increased interest from NRIs in the GCC region for some time, but in recent […]

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Succession plan lacking in Indian business families: Entrust

Succession plan lacking in Indian business families: Entrust

A fewer than 50% of Indian business-owning families have a formally documented succession plan in place, according to insights from Entrust Family Office, a multi-family office advising several of India’s leading business families. “Most families recognise the importance of succession planning, and many are now beginning to translate that intent into formal structures,” said Rajmohan […]

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Mobile phones are migrating to smaller chips to accelerate AI workloads: MediaTek

Mobile phones are migrating to smaller chips to accelerate AI workloads: MediaTek

Anku Jain | Photo Credit: KAMAL NARANG Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset […]

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Bharti Enterprises, Warburg Pincus to pick up 49% stake in Haier India

Bharti Enterprises, Warburg Pincus to pick up 49% stake in Haier India

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’,  Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in […]

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Stock markets end lower in volatile trade

Stock markets end lower in volatile trade

Image used for representational purpose only. File | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty ended lower in a volatile trade on Wednesday (December 24, 2025) as trading volumes remained subdued amid the year-end holiday-shortened week and mixed trends in global markets. The 30-share BSE Sensex dropped by 116.14 points, or 0.14%, […]

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Rupee falls 16 paise to close at 89.79 against U.S. dollar

Rupee falls 16 paise to close at 89.79 against U.S. dollar

Image used for representational purpose only. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day lower by 16 paise at 89.79 (provisional) against the U.S. dollar on Wednesday (December 24, 2025), fuelled by persistent capital withdrawals from foreign investors, alongside heightened greenback demand from bullion importers. Forex traders said […]

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Bharti, Warburg Pincus pick up 49% stake in Haier India

Bharti, Warburg Pincus pick up 49% stake in Haier India

Bharti Enterprises and Warburg Pincus on Wednesday (December 24, 2025) announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group — picking up a collective 49% stake in the company. The size of the deal was not disclosed. According to a release, the strategic collaboration will accelerate Haier’s growth […]

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Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance

Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance

The Bombay High Court on Wednesday (December 24, 2025) granted interim relief to Anil D. Ambani, restraining Bank of Baroda, IDBI Bank and Indian Overseas Bank from acting on show-cause notices and fraud classification orders issued against him on the basis of a forensic audit report prepared by BDO LLP (Binder Dijker Otte Limited Liability Partnership). Justice Milind N. Jadhav […]

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Net FDI negative for third straight month in October 2025, as inflows fell & outflows grew

Net FDI negative for third straight month in October 2025, as inflows fell & outflows grew

Uncertainty around the India-U.S. trade deal was a major reason why foreign portfolio investors were also taking more money out of the country than putting in it. File. | Photo Credit: Reuters India’s net foreign direct investment remained negative for the third consecutive month in October 2025, with outflows exceeding inflows by $1.5 billion, an […]

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