Union Commerce and Industry Minister Piyush Goyal’s recent comments, questioning the long-term viability of startups solely focused on food delivery, have ignited a fierce debate within India’s burgeoning tech ecosystem. His pointed remark, “Dukaandari hi karni hai?” (Do you just want to run a shop?), delivered during an interactive session with startup founders, has been … Read more
The Indian pharmaceutical sector experienced a significant downturn, with several major stocks witnessing a sharp decline of over 10%, as market participants reacted to escalating concerns stemming from potential tariff hikes signaled by the 45th U.S. President. The volatility arose following his comments regarding implementing “never seen before” tariffs on imported goods, sparking widespread anxiety … Read more
Vodafone Idea (Vi), the struggling Indian telecom operator, has taken a significant step towards alleviating its massive debt burden by converting government dues into equity. However, this move, while crucial for the company’s survival, is set to drastically dilute the stakes of existing shareholders, leaving them with a minuscule portion of the company. The Indian … Read more
Meerut, Uttar Pradesh, India – The landscape of Indian e-commerce is undergoing a rapid transformation, with quick commerce emerging as a dominant force, particularly in the grocery sector. A recent report by Flipkart and Bain & Company has revealed that quick commerce platforms now account for over two-thirds of all online grocery orders and a … Read more
The starting grid is set, the lights are about to go out, and the anticipation is palpable. EA Sports has officially opened pre-orders for their highly anticipated racing simulation, F1 25, sending fans into a frenzy of excitement. With promises of enhanced realism, updated features, and a closer-than-ever experience to the pinnacle of motorsport, F1 … Read more
Meerut, Uttar Pradesh, India – A brief but noticeable disruption to the Unified Payments Interface (UPI) network caused widespread inconvenience for users across India, triggering a wave of complaints and humorous memes on social media. Despite assurances from the National Payments Corporation of India (NPCI) that the system was functioning normally, numerous individuals reported failed … Read more
The Indian electric vehicle (EV) market remains a hotbed of activity, and Ola Electric is consistently at the forefront of the conversation. Recent fluctuations in the company’s stock price have sparked intense debate among investors, particularly regarding whether it represents a viable short-term buying opportunity. Here’s a breakdown of the key factors influencing Ola Electric’s … Read more
New Delhi, March 20, 2025 – Gold and silver prices in India witnessed a notable surge today, influenced by a combination of international market trends and domestic demand. Investors and consumers are closely monitoring these fluctuations, as precious metals continue to be a significant part of the Indian market. Key Highlights: Detailed Price Breakdown: Here’s … Read more
In a significant move aimed at addressing the growing health crisis of obesity and type 2 diabetes, pharmaceutical giant Eli Lilly has launched its highly anticipated drug, Mounjaro (tirzepatide), in India. This development brings a new and potentially powerful tool to the country’s healthcare arsenal, as India grapples with a rising prevalence of metabolic disorders. … Read more
Indian steel stocks experienced a significant surge, with major players like SAIL, Tata Steel, and JSW Steel witnessing substantial gains, driven by the Directorate General of Trade Remedies (DGTR)’s recommendation of a 12% safeguard duty on certain steel products. This move aims to protect the domestic steel industry from a recent influx of imports. Broader … Read more