Business

Is India’s Export Growth in Trouble? India’s export industry is feeling the heat from changing global trade policies. The United States and the European Union have introduced new measures that could hurt Indian businesses. The US is raising import tariffs and implementing trade restrictions, while the EU’s carbon tax is adding to the difficulties. According…

Why is Tesla Paying Such a High Rent? Tesla’s entry into India has been long-awaited, and it’s making a big statement with its first showroom. The showroom, located in Mumbai’s premium business district, comes with a hefty price tag—Rs 35.26 lakh per month in the first year, increasing to Rs 42.86 lakh by the fifth…

Impact of US Tariffs on TCS & Indian IT Sector The latest tariffs imposed by US President Donald Trump on Canada, Mexico, and China have intensified economic uncertainty for Indian IT giants like Tata Consultancy Services (TCS). Amid rising geopolitical risks, brokerage firms InCred Equities and JM Financial have downgraded their earnings forecasts for TCS,…

Tech billionaire Elon Musk has reportedly welcomed his 14th child with Shivon Zilis, an executive at Neuralink. The couple’s new son, Seldon Lycurgus, joins their other children, twins Strider and Azure, and their daughter, Arcadia. Musk’s Growing Family 3 children with Zilis (Strider, Azure & Arcadia)3 children with musician Grimes6 children with ex-wife Justine Wilson…

Fiscal Deficit & Government Finances Fiscal deficit reached 74.5% of the full-year target by January 2025.Net tax revenue collected: ₹19.03 lakh crore (74.4% of FY25 estimate).Total expenditure: ₹35.7 lakh crore (75.7% of estimate). Key Takeaways Despite slowing Q3 growth, India’s economy remains on track for 6.5% growth in FY25.Manufacturing & mining sectors are key areas…

Tata Capital, the financial services arm of the Tata Group, has approved its IPO plan, set to launch before September 2024. Key Highlights: IPO Size: 230 million new shares (23 crore)Offer for Sale (OFS): Existing shareholders to sell stakesWhy Now? RBI mandates “upper layer” NBFCs to listLast Tata IPO? Tata Technologies (Nov 2023) Ownership &…

India’s largest IT firm, Tata Consultancy Services (TCS), has witnessed a massive ₹53,185.89 crore drop in market valuation within a week. The company’s stock price declined by 2.82% between February 17 to February 21, closing at ₹3,789.90 per share. Key Takeaways TCS Market Valuation Decline Overall Market Trends Other Major Losses Why is This Happening?…