Key Takeaways (Quick Read) The ₹39,600 Crore Handshake: MUFG and Shriram Finance Make History The Indian financial sector just witnessed a watershed moment. In a move that signals massive global confidence in India’s lending ecosystem, Japanese banking behemoth Mitsubishi UFJ Financial Group (MUFG) has announced a definitive agreement to acquire a 20% stake in Shriram…
After ten consecutive sessions of decline, the domestic equity markets made a strong comeback on Wednesday, with benchmark indices surging over 1%. The BSE Sensex climbed by more than 760 points to reach 73,756.15, while the NSE Nifty gained 268 points, crossing the 22,300 mark to trade at 22,349 as of 11:49 AM. Leading the…
📊 Economic Boost! India’s core sector output grew 4.6% YoY in January 2025, marking steady expansion. The cumulative growth for April 2024–January 2025 stands at 4.4%, driven by strong performances in cement, petroleum refining, and steel. 🔍 Sector-wise Highlights:✔ Cement 🏗️ ⬆ 14.5%—highest growth among sectors!✔ Petroleum Refinery ⛽ ⬆ 8.3% – Strong demand drives…
