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08 Oct

Cabinet approves four multitracking projects to expand Railways network

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The Union Cabinet on Tuesday approved four multitracking projects under the Ministry of Railways, aimed at expanding the railway network across 18 districts in Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh. These initiatives are part of a broader plan to strengthen the Indian Railways infrastructure. According to the Cabinet Committee on Economic Affairs (CCEA), the total estimated cost of the projects stands at ₹24,634 crore, with completion targeted by the financial year 2030–31. Here are the project details: Wardha–Bhusawal (3rd & 4th lines) – 314 km (Maharashtra) Gondia–Dongargarh (4th line) – 84 km (Maharashtra & Chhattisgarh) Vadodara–Ratlam (3rd & 4th lines)…

07 Oct

Stocks to buy for short term!

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The Indian stock market posted weekly gains of around 1% for the week ending October 3, buoyed by the Reserve Bank of India’s (RBI) monetary policy update. While the RBI kept policy rates unchanged, its outlook on inflation and growth, along with the dovish tone of Governor Sanjay Malhotra, boosted market confidence. The Nifty 50 closed at 24,894 on Friday, nearing the key 25,000 mark, largely supported by strength in banking stocks. The Nifty Bank index rose over 2% during the week. Jigar S. Patel of Anand Rathi Share and Stock Brokers said the RBI’s balanced stance helped ease investor…

03 Oct

Sitharaman Links Pension Reforms To The Atmanirbhar Bharat Vision

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Finance minister Nirmala Sitharaman on Wednesday said that the success of Atmanirbhar Bharat, a self-reliant India, depends as much on financially self-reliant households as it does on industry, arguing that robust pension and retirement solutions must become the centerpiece of India’s social security framework. Speaking at a conference hosted by the Pension Fund Regulatory and Development Authority (PFRDA) in the national capital, the finance minister said the recent reforms were aimed at addressing both the supply and demand sides of India’s pension framework, from the industry as well as the consumer perspective. Reforms to strengthen NPS India’s pension landscape is undergoing a…

01 Oct

OpenAI Launches Sora 2 Model

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OpenAI has finally launched the next generation of its text-to-video generation model, Sora 2, along with a new social media app that is powered by the new tool. Sora will compete directly with Google's Veo-3, which became an instant hit among the masses after being launched to the public earlier in the year. The new model is also said to be better at controllability, and OpenAI says it can follow intricate instructions spanning multiple shots while accurately persisting the world state. The model is touted to excel at realistic, cinematic, and anime styles. One interesting fact about Sora 2 is…

30 Sep

WeWork India IPO Opens On Oct 3, 2025

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The IPO, priced between ₹615 and ₹648 per share, seeks to raise between ₹2,847 crore and ₹3,000 crore. The issue has no fresh issue and is purely an offer for sale by promoters and shareholders of 4.63 crore shares. Important things to know from the company's Red Herring Prospectus (RHP): 1) About the Firm: WeWork India Management Limited, established in 2016, has emerged as a leading flexible workspace operator in the country. The company offers a wide range of workspace solutions, including custom-designed buildings, enterprise office suites, managed offices, private offices, co-working spaces, and hybrid digital models, catering to diverse client requirements. 2) Selling Shareholders: WeWork…

27 Sep

Government To Raise ₹6.77 tn Via Bonds In Oct–Mar

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The government plans to raise ₹6.77 trillion through the sale of dated securities between October 2025 and March 2026, as outlined in the FY26 second-half borrowing calendar released by the finance ministry. This includes ₹10,000 crore via green bonds. Prepared in consultation with the Reserve Bank of India (RBI), the schedule aims to bring transparency to the government securities (G-Secs) market and help investors plan better. The borrowing will be conducted through 22 weekly auctions, with issue sizes ranging from ₹28,000 crore to ₹33,000 crore. Ten-year bonds will be issued in multiple tranches of ₹32,000 crore and will form a…

25 Sep

Motilal Oswal Sees 52% Bull-Case Upside In Newly Listed Realty Stock

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Motilal Oswal initiated coverage on Sri Lotus Developers and Realty Ltd. on Wednesday, September 24, assigning a ‘Buy’ rating with a price target of ₹250 per share. This suggests a potential upside of 35% from Tuesday’s closing price of ₹187. In its research note, the brokerage highlighted Sri Lotus Developers as a leading player in the society redevelopment segment. The company’s pre-sales have grown at a CAGR of 39% between FY22 and FY25 and are projected to accelerate further at a 129% CAGR from FY25 to FY28, driven by a robust project pipeline. Currently, the developer has four completed and…

24 Sep

HC Strikes Down Bid To Usurp ₹150-cr Hill Bungalow

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The Bombay High Court has nullified a fraudulent attempt by 67-year-old Bilkish Yunus Namakwala to claim a ₹150-crore bungalow in Malabar Hill, originally owned by renowned eye specialist Sir Jamshedji Duggan. Justice Kamal Khata revoked the letters of administration granted to Namakwala in June 2022, ruling that they were obtained through false claims and without notifying interested parties. Namakwala alleged that Dr Duggan’s wife, Lady Jena Duggan, had bequeathed the property to her via a will dated April 6, 1993, after failing to repay a ₹27 lakh loan taken in 1980. Within weeks of securing the court order, she transferred…

29 Aug

India’s EV Charging App To Skip Personal Data Collection

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India’s upcoming electric vehicle (EV) charging app is expected to prioritise data privacy by avoiding the collection of personal user information, even as it analyses behavioural trends and charging patterns to improve services. According to two officials, the app—developed by the Ministry of Heavy Industries and Bharat Heavy Electricals Ltd (BHEL), in partnership with the National Payments Corporation of India (NPCI)—will use aggregated and anonymised data rather than store individual user or transaction records. This approach aligns with the Digital Personal Data Protection Act, which mandates user consent for data usage, though its rules are yet to be formalised. During…

26 Aug

PM To Inaugurate Maruti Suzuki’s Electric Car

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Maruti Suzuki is set to begin production of its first born-electric SUV, the e-Vitara, at Suzuki’s Hansalpur plant in Gujarat starting today. The event will be inaugurated by Prime Minister Narendra Modi, alongside Gujarat Chief Minister Bhupendra Patel and Japanese Ambassador Keiichi Ono. The e-Vitara, Maruti Suzuki’s debut electric vehicle in India, will be manufactured for both domestic use and export to over 100 countries. Alongside the SUV’s production launch, PM Modi will also inaugurate the manufacturing of lithium-ion battery cells and electrodes for strong hybrid vehicles at the TDSG facility in Hansalpur—a joint venture between Toshiba, Denso, and Suzuki.…