The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.The 122.3-trillion-yen ($782 billion) budget for the fiscal year from April 2026 will include some nine trillion yen for defence spending, as Prime Minister Sanae Takaichi…
Zepto to pre-file DRHP, targets 2026 listing NEW DELHI: Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. The move positions Zepto to become one of the…
Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…
US investors may soon have access to a greater array of products tied to asset classes like private credit and crypto as the Trump administration and SEC push to open markets, a change that some investment advisors say puts too much onus on individuals to protect themselves. Both the White House and the Securities and…
Indian exporters in pharmaceuticals, electronics, and automotive sectors are poised to significantly increase shipments to New Zealand. This expansion offers New Zealand an opportunity to diversify its trade and lessen its reliance on China, according to think tank GTRI. The move highlights a potential shift in regional trade dynamics. Source link
MUMBAI: With nearly Rs 2 lakh crore collected from 365 IPOs in 2025, the year set a new record in terms of mobilisation through the primary market. In comparison, in 2024, through 336 IPOs, companies had collected about Rs 1.9 lakh crore. What’s more, total funds mobilised in 2025 was nearly four times that of…
The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and poses challenges for the country’s war-affected economy. The currency is now trading around 78 per dollar, similar to levels before Russia’s Ukraine invasion, as reported by…
NEW DELHI: The government is set to launch SWAMIH-2 Fund, a Rs 15,000-crore initiative aimed at helping nearly 100,000 middle-class homebuyers complete their stalled housing projects. This follows the success of SWAMIH-1, which has already completed 55,000 dwelling units. The government has allocated Rs 1,500 crore as seed capital in Budget 2025-26 for this purpose.The…
There has been a massive surge in Russian alcohol exports to India in 2025. Shipments increased nearly four times, as compared to last year. Data from Russia’s Federal Centre for Agricultural Export Development, shows exports of spirits, mainly vodka, having reached 520 tonnes worth $900,000 in the first ten months of the year.According to the…
The RBI has revised its full year growth estimate upwards to 7.3%. (AI image) By DK SrivastavaThe first and second quarter 2025-26 real GDP growth rates at 7.8% and 8.2% respectively provide a post-Covid robust growth performance. The full year growth is expected to be more than 7%. The RBI has revised its full year…
