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Zomato Swiggy Margins Hit as Discount Wars Return
Zomato and Swiggy face margin pressure as discount wars return, signaling a shift back to aggressive customer acquisition strategies in India’s food delivery market. Rising competition and consumer price sensitivity are forcing both platforms to balance growth with profitability. Zomato and Swiggy face margin pressure as discount wars return at a time when both companies were moving toward profitability. The…
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NRI Demand for FCNR Deposits Surges Before RBI Deadline
Non-Resident Indians are increasingly locking money into Foreign Currency Non-Resident (FCNR) deposits after the Reserve Bank of India temporarily relaxed interest rate restrictions until September 30, 2026. Higher returns, tax benefits, and currency protection have made FCNR deposits one of the most attractive fixed-income options for overseas Indians. The NRI…
Rajasthan Refinery Launch Revives India’s Refining Expansion Strategy
The inauguration of the HPCL Rajasthan Refinery Limited (HRRL) has brought India's refining expansion plans back into focus. The new integrated refinery and petrochemical complex strengthens the country's energy infrastructure, supports domestic fuel production, and reinforces India's ambition to become a leading global refining hub. The Rajasthan refinery inauguration marks…
TCS Q1 Earnings in Focus as Investors Watch Demand Outlook
India's largest IT services company, Tata Consultancy Services (TCS), is set to kick off the country's Q1 FY27 earnings season, with investors closely tracking its quarterly performance and management commentary. Beyond the financial numbers, the market is looking for signals on global technology spending, large deal momentum, AI-led opportunities, hiring…
Regional Bank Holidays Test India’s Branch Banking Network
India's regional bank holiday calendar is once again drawing attention as state-specific branch closures on July 6 create operational differences across the country. While digital banking remains available nationwide, customers requiring in-person services are being advised to check whether their local branch is open before planning important financial transactions. India's…
Oil Markets Rebound Amid Middle East Peace and Supply Concerns
Global oil prices have recovered modestly as investors weigh progress in US-Iran peace discussions against lingering supply risks in the Middle East. While diplomatic efforts have eased fears of major disruptions, uncertainty surrounding shipping routes and future production continues to keep energy markets on edge. Oil markets rebounded on July…
Skyroot’s Vikram-1 Launch Marks New Era for India’s Space Industry
Skyroot Aerospace has announced the launch window for Vikram-1, India's first privately developed orbital rocket. The mission represents a defining moment for India's commercial space ambitions and reflects the rapid growth of private participation in a sector once dominated entirely by ISRO. Skyroot's Vikram-1 is preparing for a historic liftoff…