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Luxury EV Sales in India Surge 66% in 2025 as High-End Buyers Ditch ICE Cars Luxury EV Boom: India’s Premium Car Buyers Embrace Electric in 2025 India’s premium automotive market is undergoing a dramatic shift, with electric vehicles (EVs) emerging as the new favorite among affluent buyers. In 2025, luxury EV sales jumped by a staggering 66%, signaling a growing preference for clean energy over traditional internal combustion engine (ICE) cars. As per VAHAN data, EVs made up 11% of luxury car sales between January and May 2025, compared to just 7% during the same period in 2024. This sharp rise showcases the accelerated acceptance of electric mobility among India’s elite. The transformation isn't limited to new cars. The used-luxury vehicle market also reflects this trend — nearly 19% of pre-owned luxury vehicles sold so far in 2025 were EVs, up from less than 5% a year ago, according to Luxury Cart, a key player in the segment. What’s fueling this demand? A wave of premium...

Dip Buying Pays Off in 2025: How Bold Investors Turned Market Panic into Profit Why Buying the Dip Worked in 2025 — And What It Means for Future Investors In times of market turmoil, buying the dip often feels like catching a falling knife. But for courageous investors in 2025, it turned out to be a winning strategy . Despite a turbulent start to the year marked by global uncertainty, trade conflicts, and political drama, those who stepped in during the lows were handsomely rewarded . As we reach mid-2025, the S&P 500 is soaring at record highs , fueled by rebounds in major stocks and improving geopolitical sentiment. 📉 The April Crash & Fast Recovery The biggest buying opportunity this year came just after Liberation Day (April 2) , when the S&P 500 plunged 12% in just days . Markets had already struggled through tariff-related jitters in February and March. Yet, within a month of the sharp fall, the index fully recovered. Thanks to a string of trade agreements —...

Zee’s ₹2,237 Cr Fundraising Plan Faces Opposition from Proxy Advisory Firms Zee Entertainment’s ₹2,237 Cr Fundraise Faces Pushback from Proxy Advisory Firms Zee Entertainment Enterprises Ltd.’s recent proposal to raise ₹2,237 crore through fully convertible warrants has come under scrutiny. Three leading proxy advisory firms have issued warnings, advising shareholders to vote against the resolution , citing concerns about shareholder dilution and lack of transparency. 📢 Advisory Firms Raise Red Flags The advisory firms — Stakeholders Empowerment Services (SES) , Institutional Investor Advisory Services (IiAS) , and InGovern Research — have urged shareholders to oppose the preferential issue of fully convertible warrants to promoter entities. In its recommendation, InGovern Research stated, “Given the excessive dilution from the proposed warrants issue and the recent challenges faced by Zee, the increase in promoter holding may not be in the best interest of minority sharehol...

Top 10 Indian Companies Add ₹2.34 Lakh Crore in Market Cap — Reliance Leads the Surge Nine of India’s Top 10 Valued Companies Gain ₹2.34 Lakh Crore in Market Cap; Reliance Tops the Chart India’s stock market witnessed a strong bullish run last week, with nine out of the top ten most valued companies posting significant market capitalisation gains. The combined addition to their value stood at a massive ₹2,34,565.53 crore , reflecting investor optimism and positive sentiment across sectors. The BSE Sensex surged 1,650.73 points , or 2% , during the same period. 📈 Reliance Industries Emerges as the Top Gainer Reliance Industries led the charge with an impressive ₹69,556.91 crore rise in its market cap, taking its total valuation to ₹20,51,590.51 crore . This solidified its position as India’s most valuable company. Following closely, Bharti Airtel added ₹51,860.65 crore , pushing its market value to ₹11,56,329.94 crore . Meanwhile, HDFC Bank recorded a robust increase of ₹37,...

AI Adoption in Indian MSMEs: Between Potential and Practical Hurdles India’s micro, small, and medium enterprises (MSMEs) are standing at a crucial intersection — where the promise of artificial intelligence (AI) meets the hard realities of cost, compliance, and capability. Despite AI's transformative potential, its adoption across India's vast MSME ecosystem remains limited. A recent government report titled ‘Enhancing MSMEs Competitiveness in India’ explores the many barriers preventing MSMEs from fully leveraging AI technologies. It reveals a landscape full of promise, but also laden with significant challenges. 🔍 Lack of Awareness & Legal Uncertainty A major stumbling block is the lack of awareness surrounding AI implementation and India's evolving data protection laws . Many MSMEs remain unclear about how compliance works when integrating AI into business workflows. The report suggests that government-led awareness campaigns and simple, clear guidelines c...

Tata Harrier.ev AWD Launched in India: Price, Specs & Highlights Tata Motors has officially unveiled the pricing of its much-awaited Harrier.ev AWD lineup, marking a significant step forward in India’s electric vehicle segment. With dual-motor Quad Wheel Drive (QWD) technology, the Harrier.ev aims to redefine electric SUV performance, off-road capability, and safety standards in the country. 🔹 Harrier.ev AWD Price & Variants Bookings for the Harrier.ev open from July 2, 2025 , with introductory pricing starting at ₹21.49 lakh and going up to ₹30.23 lakh (ex-showroom). The newly introduced AWD variants start from ₹28.99 lakh, placing them as the premium offering in the lineup. Here’s a breakdown of key variant prices: Adventure 65 – ₹21.49 lakh Fearless+ 65 – ₹23.99 lakh Empowered 75 – ₹27.49 lakh Empowered AWD 75 – ₹28.99 lakh Empowered AWD ST 75FC – ₹30.23 lakh ( Note: FC stands for Fast Charger-equipped variants. ) 🔧 Dual Motor Tech & Off-Road Perf...

DLF Ltd Eyes ₹22,000 Cr Presales in FY26: A Top Realty Stock to Track India’s real estate sector continues its upward trajectory, with both residential and commercial segments showing solid momentum. In the first quarter of 2025 alone, around 65,000 new housing units were launched and sold, indicating a well-balanced market. On the commercial front, leasing activity is projected to grow by 3-4% in FY26, potentially reaching 60–61 million sq. ft., fueled by urban expansion and strong demand for office spaces. Amid this real estate boom, DLF Ltd , a leading realty giant, remains firmly in the spotlight. With a market capitalization of ₹2.09 lakh crore, DLF's stock closed at ₹845.85, reflecting a slight dip of 0.16% from the previous close of ₹847.20. 🔹 Presales Guidance for FY26: ₹20,000–₹22,000 Cr DLF has maintained an ambitious presales target of ₹20,000–₹22,000 crore for FY26. This reflects the company’s confidence, supported by its consistent outperformance in recent years....

New ITR Filing Norms for AY 2024-25: What Every Taxpayer Needs to Know The Income Tax Return (ITR) filing process for Assessment Year (AY) 2024–25 has undergone significant changes. The Income Tax Department has introduced enhanced disclosure requirements aimed at improving transparency, curbing inaccurate claims, and accelerating the return processing system. These changes primarily impact salaried individuals and those opting for the old tax regime. 🔍 More Accurate Disclosures for Common Deductions One of the most notable updates is the increased scrutiny on House Rent Allowance (HRA) claims. Earlier, taxpayers could enter a lump-sum exemption amount manually. Now, they are required to provide a detailed breakdown, including: Place of employment Actual rent paid Basic salary Exact amount of HRA received This new system ensures that only legitimate claims are approved and reduces the chances of incorrect exemptions. Similarly, for Section 80C deductions (which include inv...

  NSE to Launch Incentive Scheme to Boost Participation in Electricity Futures Trading In a significant move to deepen market participation, the National Stock Exchange (NSE) has announced the rollout of a Liquidity Enhancement Scheme (LES) for electricity futures. The scheme, aimed at attracting active traders, will take effect from July 11, 2025 , as per the official circular released on June 27 . This development follows regulatory approval earlier this year, allowing NSE to introduce electricity futures contracts —a product gaining global traction due to the increasing demand for power derivatives. 🔹 Understanding Electricity Futures Electricity futures are financial instruments that allow stakeholders to fix electricity prices for a future month. These are non-deliverable contracts , meaning no physical power is transferred. Traders, energy producers, large buyers, and approved institutions can participate under SEBI guidelines. 🔹 What NSE’s Circular Reveals Accor...

  World's First Driverless EV Delivered Without Human Involvement at 72 mph In a groundbreaking achievement in autonomous vehicle technology, an electric car has successfully completed its first-ever fully driverless delivery —traveling from the production facility to the customer’s residence without a single human inside or any remote supervision. This driverless delivery was completed ahead of schedule , navigating both urban roads and high-speed highways, reaching a top speed of 72 mph during the journey. While fully autonomous driving has long been a technological goal, this particular event marks one of the most notable real-world demonstrations of a car operating entirely without human intervention on public roads. There were no safety drivers , no remote monitors —just the vehicle, powered by advanced software and AI systems. Although other companies have received approvals to test autonomous vehicles on highways, most still require either backup operators or are limit...

 India's Economy to Lead Global Growth in 2025–26, but Structural Issues Persist India is set to retain its position as the world's fastest-growing major economy, despite recording its slowest growth in four years during FY 2024–25, a Reuters poll of 51 economists revealed. The country’s GDP is projected to grow at 6.4% in the fiscal year ending March 2026, slightly below the 6.5% growth rate recorded in FY 2024–25. Analysts expect a modest rise to 6.7% in FY 2026–27 , reflecting cautious optimism amid global uncertainty and internal economic constraints. The stable forecast comes even after the Reserve Bank of India (RBI) implemented a 100 basis points interest rate cut since early 2025, including a surprise 50 bps cut on June 6. However, the bulk of India’s growth is driven by government-led capital expenditure , which economists warn may plateau soon. “Most of the growth is being driven by government capex, but that could flatten,” said Indranil Pan , Chief Economi...

Gold and Silver Prices on June 28: Rates in Mumbai, Delhi, Bengaluru, Chennai & More Gold prices dipped slightly for the second day on June 28 due to easing tensions between Israel and Iran and a marginal rise in the US dollar. With the July 9 reciprocal tariff deadline approaching under U.S. President Donald Trump, investors are closely tracking precious metal prices for cues. Despite the recent dip, gold remains a strong performer over the long term. Over the past two decades, prices have surged by an astounding 1,200% , rising from ₹7,638 in 2005 to over ₹1,00,000 by June 2025. So far this year, gold has already delivered a 31% return , consistently hitting all-time highs. Silver has also maintained its momentum, staying above ₹1 lakh/kg for the past three weeks. In the last 20 years, silver prices have grown by 668.84% , further cementing its position as a reliable safe haven asset. 🪙 Gold & Silver Prices in India – June 28, 2025 (as per Indian Bullion Association ...

 Indian Entrepreneur Mona Patel Stuns in Two Gorgeous Gowns at Bezos-Sanchez Wedding At the lavish Venice wedding of Jeff Bezos and Lauren Sanchez , all eyes weren’t just on the couple, but also on Harvard-educated Indian entrepreneur Mona Patel , who dazzled in two captivating looks. Known for her bold fashion statements — from Met Gala 2024’s butterfly sleeve Iris van Herpen gown to Met Gala 2025’s robotic dog in a Thom Browne suit — Mona once again proved her fashion prowess. For the pre-wedding celebration , Mona wore a body-hugging wine-colored Dolce & Gabbana gown that featured sheer lace, delicate tulle, and elegant floral embroidery. The gown’s fitted silhouette paired with a structured black underdress added both drama and sophistication. She styled the look with a soft bronzed makeup finish, delicate diamond jewelry, and a classic updo, attending the event with her husband, Dr. Chintan Desai . On June 27, 2025 , during the wedding ceremony, Mona Patel stepped ...

Bihar’s Largest Private Power Investment: 2400 MW Plant Proposed in Pirpainti In a major development for Bihar's power sector, four leading private power companies have expressed interest in setting up a 2,400 MW thermal power plant in Pirpainti, Bhagalpur . The interested companies include: Adani Power JSW Energy Torrent Power Lalit Power (part of the Bajaj Group) The proposed project will consist of three units of 800 MW each , to be developed across 1,200 acres of land . With an estimated investment of ₹28,000 crore , this will become the largest private sector investment in Bihar’s power sector to date. This initiative marks a significant step in boosting energy infrastructure in eastern India and is expected to generate substantial employment and support economic growth in the region. Once operational, the 2,400 MW plant will greatly enhance power availability in Bihar , improving grid stability and supporting industrial expansion across the state.

 Sensex and Nifty Rise on June 27 Amid Foreign Inflows and U.S. Market Rally Indian benchmark indices Sensex and Nifty opened higher on Friday, June 27, 2025 , supported by fresh foreign fund inflows and a positive trend in the U.S. stock markets . Continuing its upward momentum for the fourth straight session , the BSE Sensex rose 229.22 points to 83,985.09 , while the NSE Nifty gained 73.5 points to reach 25,622.50 in early trade. Among the top performers on the Sensex were Larsen & Toubro , Tata Steel , State Bank of India , Tata Motors , HCL Tech , and Bharat Electronics . On the flip side, Bajaj Finserv , HDFC Bank , Bajaj Finance , and Kotak Mahindra Bank were among the laggards. According to exchange data, Foreign Institutional Investors (FIIs) pumped in ₹12,594.38 crore into Indian equities on Thursday, reflecting renewed investor confidence. 🌏 Global Market Overview: Japan's Nikkei 225 traded higher South Korea's Kospi , Shanghai's SSE Com...

Zerodha CEO Nithin Kamath Warns Investors on Risks of Unlisted Stocks Nithin Kamath , CEO and founder of leading brokerage platform Zerodha , has issued a cautionary note to retail investors exploring the unlisted stock market . In a recent post on X (formerly Twitter), Kamath highlighted several critical risks involved in investing in pre-IPO companies , including: Low liquidity Uncertain IPO timelines Lack of regulatory oversight His warning follows reports of significant losses faced by early investors in HDB Financial Services , who bought shares in the unlisted market hoping for big gains post-IPO. “Many retail investors assume they can easily make profits by buying pre-IPO shares and selling them after a public listing,” Kamath noted. “But it’s not that simple — these investments come with serious risks.” He pointed out that the lack of liquidity means investors might not be able to sell their holdings when they want to. Also, IPO delays or cancellations can leave...

Credila Financial Services Files for ₹5,000 Cr IPO Backed by EQT, ChrysCapital, HDFC Credila Financial Services , India’s leading education loan provider, has filed its Draft Red Herring Prospectus (DRHP) with SEBI on June 26 , aiming to raise ₹5,000 crore through an Initial Public Offering (IPO). The offering will comprise a fresh issue of equity shares worth ₹3,000 crore and an Offer for Sale (OFS) worth ₹2,000 crore by existing shareholders. Backed by prominent investors like the EQT Group , ChrysCapital , HDFC Bank , and Shinhan Bank , Credila was formerly known as HDFC Credila Financial Services . As part of the OFS: Promoter Kopvoorn B.V. (part of the BPEA EQT Group) will sell shares worth up to ₹950 crore . HDFC Bank will offload shares worth ₹1,050 crore . The promoter group currently holds a 63.96% stake , including Kopvoorn B.V.'s 63.89% . The remaining 36.04% is owned by public stakeholders, including: Moss Investments (a ChrysCapital affiliate) – 14...

  India May Ease Fuel Efficiency Norms for Small Cars Amid Maruti Suzuki Lobbying India is reportedly evaluating a potential relaxation of fuel efficiency standards for small cars , following sustained lobbying by Maruti Suzuki , the country's top automaker. This move comes as the popularity of compact hatchbacks like Alto and Wagon-R declines in the face of rising SUV sales. Once a cornerstone of Maruti’s dominance, small cars now contribute less than 50% of its 1.7 million unit annual sales—down from nearly 66% just two years ago. A senior government official told Reuters, “There should be more benefit for small cars. Maruti has been asking for that and we agree.” India's Corporate Average Fuel Efficiency (CAFE) norms currently link CO₂ emission limits to vehicle weight for all cars under 3,500 kg. The proposed adjustment may ease CO₂ limits for vehicles under 1,000 kg , reducing pressure to electrify budget models and helping manufacturers with lighter vehicles i...

 JSW Paints to Acquire AkzoNobel India in ₹8,986 Crore Landmark Deal In a major development in India’s paint industry, JSW Paints Ltd. has entered into an agreement to acquire 74.76% stake in Akzo Nobel India Ltd. (ANIL) from its parent Akzo Nobel N.V. and associated entities. The transaction is valued at up to ₹8,986 crore , pending final adjustments as per the Share Purchase Agreement. The deal is subject to regulatory approvals, including clearance from the Competition Commission of India (CCI) and a mandatory open offer to public shareholders of ANIL. JSW Paints, a subsidiary of the $23 billion JSW Group , is currently the fastest-growing paint company in India , with significant expansion across various industrial sectors like steel, cement, energy, and automotive. ANIL is a key player in India's decorative and industrial paints sector. It operates under the Netherlands-based Akzo Nobel , known globally for premium paint and coatings brands such as Dulux, Internati...

PNB Housing Finance Stock Rated a Strong Buy: UBS Predicts 17% Upside Potential Brokerage giant UBS has initiated coverage on PNB Housing Finance Ltd. , issuing a bullish "Buy" rating with a target price of ₹1,300 — signaling a 17% upside from Thursday’s closing price of ₹1,112. UBS's investment thesis centers on the company’s strategic shift toward emerging and affordable loan segments , moving away from its reliance on prime loans. Currently, prime loans constitute 73% of PNB Housing’s portfolio. However, UBS projects this will decrease to 60% by FY27 , with non-prime loans rising to 40%. “PNB Housing is expected to remain selective with prime loans, leading to a gradual contraction in that segment,” UBS noted. This diversification is projected to boost Assets Under Management (AUM) at a CAGR of 16% between FY25 and FY27 . Additionally, earnings per share (EPS) are expected to grow at 13% CAGR , with Return on Equity (RoE) reaching 13%+ by FY28 . Valuation-...

  TCS to Create 25,000 Jobs with 20-Acre IT Campus in Bengal Silicon Valley “Bengal Means Business”: TCS Launches Massive Campus Project in Kolkata In a major boost to West Bengal's IT infrastructure and employment drive, Tata Consultancy Services (TCS) is all set to build a state-of-the-art office campus at Bengal Silicon Valley in New Town, Kolkata. Chief Minister Mamata Banerjee confirmed the approval of the building plan on Tuesday, describing it as a strong message to critics doubting the state's development momentum. “To those who continue to malign Bengal and ignore our progress, let this be a reminder of our capacity to deliver. Bengal is rising as a hub of innovation, investment, and inclusive growth,” said Banerjee. The upcoming TCS campus will be developed in two phases across 20 acres of land. In the first phase , 9 lakh sq ft of world-class office space will be constructed, including an 11-storey building, creating around 5,000 jobs . The second phase will...

  Reliance Defence Secures ₹600 Crore Export Deal with Germany's Rheinmetall Reliance Defence Limited, a subsidiary of Reliance Infrastructure Limited, has secured a massive export contract worth ₹600 crore from Rheinmetall Waffe Munition GmbH — one of Germany’s top defence and ammunition manufacturers. This deal marks one of the biggest export orders ever awarded to a private Indian defence company in the advanced ammunition sector. The agreement is part of a broader strategic partnership between Reliance Defence and Rheinmetall, aimed at jointly manufacturing high-end explosives and propellants for medium and large caliber ammunition, serving global markets. In an official statement, Armin Papperger, CEO of Rheinmetall AG, expressed enthusiasm about the partnership, stating, “This collaboration with Reliance Defence, under the visionary leadership of Anil Ambani and Prime Minister Modi, reflects our deep commitment to India's growing role in global defence manufacturi...

FedEx Founder Frederick Smith Passes Away at 80: Remembering His Remarkable Legacy Frederick W. Smith , the visionary founder of FedEx , has passed away at the age of 80. The news was officially announced by FedEx CEO Raj Subramaniam through a company memo published on Saturday. Born in 1944 , Frederick Smith was a former officer in the United States Marine Corps and served during the Vietnam War . In 1973 , he founded Federal Express with just 389 employees and a fleet of 14 small aircraft . On its very first night, the company delivered 186 packages from Memphis to 25 cities across the United States . Over the decades, FedEx expanded into a global logistics powerhouse. Today, FedEx operates over 705 aircraft , more than 200,000 delivery vehicles , and manages nearly 5,000 global facilities . The company now employs approximately 500,000 people worldwide and handles an average of 17 million shipments every day . In 2022, Smith stepped down as CEO, passing the leadership t...

📱 Made-in-India iPhone Exports to the US Skyrocket: 97% Shipped Between March and May 2025 🔥 Apple's Strategic Move to Beat China Tariffs and Boost India Production Apple is rapidly increasing its iPhone exports from India to the United States in a significant shift that highlights its smart strategy to bypass high tariffs on Chinese-made products. According to recent customs data reviewed by Reuters, a stunning 97% of iPhones exported from India between March and May 2025 were shipped directly to the US . 📦 Record-Breaking iPhone Exports from India to the US Global tech giant Foxconn exported iPhones worth $3.2 billion (approx. ₹27,547 crore) from India during this three-month period , and almost all of them went to the US market. In May alone, shipments touched nearly $1 billion (around ₹8,608 crore), while the record was set in March with $1.3 billion (₹11,191 crore) worth of iPhones exported. This is a sharp jump compared to 2024, when only about 50% of India’s iPhone e...

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