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Indian solar panel makers are cutting or halting production because domestic solar cells are scarce and China has restricted technology exports. The shortages could raise costs, threaten jobs and make India’s 2030 clean-energy targets harder to meet.
ITC aims for ₹8 lakh crore FMCG market by 2035, leveraging AI and acquisitions
ITC Chairman & MD Sanjiv Puri announced at the AGM that ITC expects its addressable FMCG market to reach ₹8 lakh crore by 2035, planning to achieve this through brand building, AI-led consumer insights, omnichannel expansion, and strategic acquisitions.
FCNR(B) vs NRE Deposits: Understanding Currency Risk and Returns for NRIs
Non-resident Indians can choose between FCNR(B) and NRE deposits for investments in India. FCNR(B) offers currency protection, while NRE deposits carry exchange rate risk but can yield higher returns if the rupee strengthens. Historically, the rupee has depreciated against the US dollar, making the choice dependent on risk appetite and future fund utilization.
Uber Intercity Road Trips Surge in India Driven by Highway Expansion and Long Weekends
Uber Intercity data reveals a significant rise in road trips across India, fueled by an expanding highway network and increased long weekends. Tier-2 city routes show the fastest growth, with travelers increasingly opting for road travel to leisure and heritage destinations.
Alphabet Reports Record Q2 Earnings Driven by AI Product Adoption
Alphabet reported record Q2 revenue of $119.8 billion, a 24% increase, driven by strong AI product adoption across Search, YouTube, and Google Cloud. The Gemini app reached 950 million users, and Search AI Mode surpassed 1 billion monthly users, showcasing AI's central role in Google's business.
India's Real Estate Sector Shows Early Signs of Stabilization Amid Global Uncertainties
India's real estate sector is exhibiting early stabilization signs after a period of deterioration, with global uncertainties still present but no longer worsening rapidly. The residential market is normalizing, while robust office leasing and strong domestic economics underpin confidence, though challenges are expected to persist for six months.