The Delhi High Court has ordered the winding up of Paytm Payments Bank. This directive follows the Reserve Bank of India’s cancellation of its banking license. The court appointed Girikumar M Nair as the official liquidator for this process. RBI had previously cancelled the bank’s license with immediate effect. These actions stem from concerns over
Air India’s transformation journey is now a decade-long endeavor. Supply chain disruptions and legacy system overhauls present significant challenges. The aviation industry faces constant pressures from global conflicts and fuel costs. Recent events like airspace closures and foreign exchange fluctuations impacted operations. This extended timeline reflects a realistic assessment of the airline’s complex revitalization.
Noel Tata’s three children are now Tata Sons shareholders after inheriting shares. They each received two Tata Sons shares from their grandmother, Simone Tata. Simone Tata held eight shares before her passing in December 2025. Her holdings were divided equally among her son and grandchildren. This inheritance marks the first time these individuals appear as
Public sector banks report significant financial improvements and record profits. Bad debt levels have fallen to their lowest point in decades. The government has supported banks through capital infusions and legislative measures. Credit growth has accelerated across various economic sectors. Schemes like ECLGS continue to support businesses and credit flow.
Hindustan Unilever anticipates further price increases in coming months due to volatile commodity costs. The company projects inflation to remain between two and five percent for the September quarter. Demand for household staples remained stable, driving growth to a thirteen-quarter high. HUL’s revenue from operations increased by ten percent in the first quarter. The company
Industrial production surged 7.3% in June, a 22-month high, driven by manufacturing and electricity growth. This strong performance occurred despite global uncertainties and an erratic monsoon season. The first quarter saw industrial output grow 5.8% compared to the previous year. Several manufacturing sectors, including electrical equipment and motor vehicles, showed robust expansion. However, risks from
New amendments to the MSME Development Act will ensure faster payments for small businesses. Mandatory digital invoicing and stronger protections against delayed payments are proposed. The government aims to improve liquidity for these vital enterprises. Dispute resolution will be accelerated through new facilitation councils. A free national digital registration platform will also be introduced.
Broader market sentiment remained supported by another round of stronger-than-expected corporate earnings. Coca-Cola advanced 5.8% after reporting a 7% increase in revenue, despite what Chief Executive Officer Henrique Braun described as “a dynamic consumer landscape.”
The idea is to reduce trade deficit, conserve foreign exchange reserves and also to position India as an alternative global manufacturing hub to China. What is being planned and how will the focus on the manufacturing sector help India reduce its dependence on global supplies?
India’s beauty market is rapidly expanding, driven by evolving consumer attitudes and increased awareness. Skincare routines now feature advanced ingredients, replacing older methods. Cosmetic procedures are becoming mainstream, with many seeking subtle enhancements. Digital platforms and influencers significantly shape purchasing decisions for beauty products. This shift reflects a move towards personalized wellness and a broader
