Axis Bank chief economist Neelkanth Mishra projects India's real GDP to grow 7.5% in the next fiscal, driven by reforms and supportive policies. Headline inflation is expected to remain within the RBI's comfort zone around 4%, with the central bank likely maintaining a softer monetary stance.
Airtel Africa is joining hands with SpaceX. This partnership will bring Starlink's satellite internet to smartphones across 14 African countries. The service begins in 2026. It will offer data for apps and text messages. This will connect people in areas without regular mobile networks. Next-generation satellites promise much faster speeds.
The combustion-engine ban was hailed as a major win in climate fight when adopted in 2023. But carmakers and their backers have lobbied hard over the past year for Brussels to relax it, in the face of fierce competition from China and a slower-than-expected shift to electric vehicles (EVs).
Ace investor Vijay Kedia acquired a significant stake in Mahamaya Lifesciences through a block deal. He purchased nearly 9 lakh shares at Rs 140 each. This transaction highlights investor interest in the agrochemical firm. Mahamaya Lifesciences manufactures pesticide formulations and crop protection products. The company has shown strong financial growth recently. Its shares have performed well since their market debut.
ICICI Prudential AMCs Rs 10,600 crore IPO drew nearly Rs 3 lakh crore in bids, led by strong global and domestic institutional demand. Robust anchor participation underscored confidence, though valuation and OFS structure suggest a steady, not explosive, listing.
