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JSW Steel Becomes the World’s Highest-Valued Steelmaker with Over $30 Billion Market Capitalisation

JSW Steel Becomes the World’s Highest-Valued Steelmaker with Over $30 Billion Market Capitalisation: JSW Steel, led by Sajjan Jindal, has achieved a remarkable milestone by becoming the world’s highest-valued steel manufacturer, surpassing US-based Nucor Corp. The company’s market capitalisation crossed the $30 billion mark, driven by strong stock performance and government recommendations aimed at protecting […]

IndusInd Bank reported derivative losses of ₹2,100 crore on March 10, 2025, leading to a 23% decline in its share price.

IndusInd Bank reported derivative losses of ₹2,100 crore on March 10, 2025, leading to a 23% decline in its share price: Financial contracts whose value depends on an underlying asset, index, or rate . It is Used for hedging risks, speculation, and portfolio diversification. Common underlying assets: Stocks, bonds, commodities, currencies, interest rates, and market […]

India recently has imposed anti-dumping duty on five Chinese goods

India recently has imposed anti-dumping duty on five Chinese goods: India recently has imposed anti-dumping duty on five Chinese goods, including vacuum flasks and aluminium foil.Anti-Dumping Duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process wherein a company […]

Indonesia to Join New Development Bank: A Strategic Move Towards Economic Growth

Indonesia to Join New Development Bank: A Strategic Move Towards Economic Growth Indonesia has announced its decision to join the New Development Bank (NDB), a multilateral financial institution established by the BRICS nations. President Prabowo Subianto made this declaration during a meeting with NDB President and former Brazilian President Dilma Rousseff. This move is expected […]

P.S. Raman’s Book ‘Leo: The Untold Story of Chennai Super Kings’ Launched with MS Dhoni

P.S. Raman’s Book ‘Leo: The Untold Story of Chennai Super Kings’ Launched with MS Dhoni: Cricketer MS Dhoni and members of the Chennai Super Kings (CSK) team made a surprise appearance at the book launch event of ‘Leo: The Untold Story of Chennai Super Kings’, written by P.S. Raman, a former vice-president of the Tamil […]

6th Round of India’s Remittances Survey

6th Round of India’s Remittances Survey: The Reserve Bank of India’s (RBI) 6th Round of India’s Remittances Survey (2023-24) highlights that Advanced economies (AEs), particularly the US and the United Kingdom (UK), have overtaken Gulf nations as the top contributors to remittances in India. Key Findings : India’s total remittances have more than doubled, rising […]

Cabinet Approves Revised Rashtriya Gokul Mission with ₹3,400 Crore Allocation

Cabinet Approves Revised Rashtriya Gokul Mission with ₹3,400 Crore Allocation: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Revised Rashtriya Gokul Mission (RGM) to enhance livestock sector growth. The revised scheme, implemented as a Central Sector component of the Development Programmes scheme, has been allocated a total of ₹3,400 crore during […]

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