Private equity and venture capital investments saw a slight dip of 5% year-on-year in the first half of 2026, reaching $17.5 billion. Despite global uncertainties, investors deployed substantial capital, particularly in data centers and NBFCs. Late-stage companies attracted the largest share of funding, indicating continued confidence in established businesses. Overall, the sector demonstrated resilience, with
Hero MotoCorp is injecting Rs 3,200 crore into Andhra Pradesh over the next three to five years. This significant investment will bolster manufacturing, enhance its global supply chain, and expand into new business areas. A key part includes a new Global Parts Centre at Tirupati, alongside a doubling of production capacity, creating approximately 4,000 jobs
Scorching heatwaves have significantly boosted sales for consumer brands, with quick-commerce platforms witnessing a surge in demand for ice creams, beverages, and sunscreens. Ice cream sales alone soared by 140% year-on-year in May. This growth is attributed to expanding delivery services into smaller cities and a focus on fast delivery of seasonal essentials, offering consumers
Indian IT firms are increasingly embracing debt for significant acquisitions, a shift from their traditional cash-rich approach. Persistent Systems’ $1.5 billion financing for its Nagarro deal exemplifies this trend, driven by the need to build AI capabilities and expand globally. This strategic move aims for accelerated growth and relevance in a rapidly evolving tech landscape,
GST collections surged by 13.9% to Rs 1.94 lakh crore, the fastest in eight months, driven by a significant jump in import taxes on commodities like crude and fertilizers. While domestic collections saw a modest 6.5% rise, imports contributed substantially. This indicates robust manufacturing and import activity, though some states experienced significant drops in revenue.
Despite a dip in India’s smart TV market, the FIFA World Cup is driving a surge in premium television sales, especially for larger screens. Brands report significant demand for TVs 55 inches and above, with QLED and MiniLED technologies gaining traction. While macroeconomic pressures affect entry-level purchases, major sporting events are prompting consumers to upgrade
India and Japan are set to sign a crucial agreement to bolster liquefied natural gas (LNG) supply security, aiming to counter global disruptions. A joint task force is anticipated to coordinate stockpiling and enhance energy cooperation. The summit, focusing on economic security and resilient supply chains, will also cover critical minerals, AI, and semiconductors, with
US President Trump reported over $1.4 billion in income from cryptocurrency ventures, including his family’s World Liberty Financial and a $TRUMP meme coin. He stated he doesn’t manage personal finances, attributing profits to the strong stock market. Despite ethics concerns over crypto-friendly policies enacted during his term, the White House denied any conflicts of interest,
China has unveiled stringent new regulations to bolster oversight of its overseas investments, particularly in critical tech sectors like AI and semiconductors. These rules, effective Wednesday, aim to safeguard national security and technological capabilities amidst escalating US competition. While designed to enhance outward investment quality, they could complicate global expansion for Chinese firms and access
