India is finalizing a new policy to boost urea production using coal gasification, aiming to slash reliance on imported natural gas and enhance self-sufficiency in fertilizer. This strategic move, expected within a month, leverages domestic coal reserves to secure vital agricultural inputs and conserve foreign exchange. The initiative aligns with broader government efforts to diversify
Indian markets remained steady near record highs despite rising oil prices due to Iran tensions. Strong corporate earnings, particularly from Dollar Tree and Kohl’s, bolstered investor confidence. While some companies faced headwinds from higher fuel costs, others like Snowflake saw significant gains driven by AI growth. Inflation data showed a slight acceleration, impacting Treasury yields.
Nomination assumes greater importance in the context of gratuity, given that it is a long-term benefit and often represents a significant financial entitlement.
LIC is undertaking a comprehensive review of its substantial real estate holdings, valued at over Rs 60,000 crore, to boost returns for policyholders and shareholders. The insurer is exploring options, including a potential separate subsidiary, to manage these assets more effectively. This strategic move aims to optimize yields from its vast property portfolio.
During 2025-26, Gujarat’s Kesar mango emerged as the biggest contributor to India’s mango exports to Japan, accounting for shipments worth nearly $0.2 million out of the total $1.54 million earned from fresh and processed mango exports to the country.
A recent survey reveals that only 29% of Indian employees are satisfied with their salaries, with 81% planning to ask for a raise due to rising living costs. Millennials are most proactive, with 90% seeking increases, and a significant 68% of Indian respondents expect over a 10% pay rise, exceeding global averages.
Global wealth is shifting away from the US dollar, with wealthy families and their offices expressing declining confidence in its reserve currency status. Driven by geopolitical worries and sovereign debt concerns, nearly two-thirds anticipate a weaker dollar.
The matter was heard by a Bench of Justice Ahsanuddin Amanullah and Justice R. Mahadevan in a Special Leave Petition filed by M/s Bhaskar International Private Limited and others against SBI. M/s Bhaskar International Private Limited v. State Bank of India
