Author: Aruna Kaim

NEW DELHI — Integrated packaging solutions provider Bharat PET Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹760 crore through an initial public offering (IPO). The company, which has evolved from a regional manufacturer into a major player in the rigid packaging sector, aims to capitalize on the surging demand for specialized packaging across the agrochemical and FMCG sectors. IPO Structure & Details The offering is a combination of a fresh capital raise and an exit for existing promoters. ComponentAmountTotal Issue SizeUp to ₹760 CroreFresh Issue₹120 CroreOffer for Sale (OFS)₹640 Crore (by existing promoters)Face Value₹10…

When choosing between an air fryer and a microwave, the “healthier” choice depends entirely on your goal: nutrient preservation or calorie reduction. Both appliances are superior to traditional boiling or deep-frying, but they function in fundamentally different ways. 1. The Microwave: The Nutrient Champion If your priority is keeping vitamins intact—especially in vegetables—the microwave is actually the winner. 2. The Air Fryer: The Calorie Cutter The air fryer is the undisputed king of heart health and weight management because it tackles the dangers of deep-frying. Head-to-Head Comparison FeatureMicrowaveAir FryerCooking SpeedUltra-fast (Minutes)Moderate (10–20 mins)Vitamin RetentionHighest (due to speed)Moderate (high heat affects…

LONDON / RIYADH — As the conflict between the U.S., Israel, and Iran nears its one-month mark, the global energy map is being redrawn by necessity. Saudi Aramco, the world’s largest oil exporter, has informed refiners in India and China that they will receive significantly lower crude volumes in April as the war continues to paralyze traditional shipping routes. The move comes as the Strait of Hormuz remains a volatile “no-go” zone for many, forcing Saudi Arabia to rely on a partial—and limited—workaround via its Red Sea ports. The Numbers: April Export Projections Traders familiar with the allocations suggest a…

In a surprising move on March 25, 2026, OpenAI officially announced the discontinuation of its AI video generator, Sora, only six months after its high-profile standalone launch. The decision marks a major shift in the company’s strategy as it moves away from consumer “creative” experiments to double down on enterprise productivity and physical world simulation. 1. The End of the Sora Era Despite Sora’s viral success—reaching one million downloads faster than ChatGPT—the platform was ultimately deemed a “side quest” that consumed too much computing power. 2. The Collapse of the $1 Billion Disney Deal The shutdown of Sora has effectively…

On March 25, 2026, S&P Global released an updated economic outlook for India, significantly raising its growth projections for the next three fiscal years. While the agency is optimistic about India’s domestic momentum, it has flagged oil-driven inflation as a critical headwind due to the ongoing West Asia conflict. 1. Revised GDP Growth Projections S&P Global’s upgrade suggests that India’s economy is proving more resilient than previously estimated, leading to a “bump” in forecasts across the board. Fiscal YearNew ForecastPrevious ForecastChange (Basis Points)FY277.1%6.7%+40 bpsFY287.2%7.0%+20 bpsFY297.0%6.8%+20 bps Note: For comparison, the RBI’s current real GDP forecast for the upcoming FY26 stands…

Global brokerage firm Bernstein has initiated coverage on India’s power sector with a strategic shift in focus. Amid heightened energy security concerns following the Russia-Ukraine and Iran-Israel conflicts, Bernstein argues that electrification—backed by a mix of thermal, nuclear, and renewables—is India’s most viable long-term solution. The brokerage’s outlook favors diversified giants over pure-play renewable firms, citing the critical role of grid stability and base-load power. 1. The “Outperform” Trio: Adani, JSW, and Tata Bernstein has issued bullish “Outperform” ratings for three major players, projecting double-digit upsides based on their integrated energy portfolios. CompanyRatingPrice Target (₹)Potential UpsideAdani PowerOutperform₹177~18%JSW EnergyOutperform₹575~18%Tata PowerOutperform₹443~15% The…

In an update on March 25, 2026, Nirmal Jain, Founder and MD of IIFL Finance, addressed recent market speculation regarding the company’s microfinance subsidiary, Samasta Finance, and provided insights into the firm’s lending strategy amid current market volatility. 1. Samasta Finance: Debunking Sale Rumors Jain explicitly denied reports of a imminent ₹4,000–4,500 crore deal for Samasta Finance. 2. Gold Loan & Unsecured Lending Strategy With gold prices experiencing significant swings, IIFL is prioritizing risk management over aggressive growth. 3. Market Performance & Valuation IIFL Finance has seen significant investor interest over the past year, reflecting a recovery in its business…

On March 25, 2026, the Lok Sabha officially cleared the Finance Bill 2026, marking a critical milestone in the legislative approval of the Union Budget for FY 2026–27. The bill, passed with 32 government amendments, now moves to the Rajya Sabha for final consideration. 1. Key Budgetary Figures for FY27 The Union Budget 2026–27 outlines a strategy of higher spending and controlled borrowing to stimulate growth while managing fiscal discipline. CategoryBudgeted Amount (FY27)% Change / ContextTotal Expenditure₹53.47 lakh crore↑ 7.7% from FY26Capital Expenditure₹12.2 lakh croreFocus on long-term infrastructureGross Tax Revenue₹44.04 lakh croreProjected revenue targetGross Borrowing₹17.2 lakh croreFunding the deficitFiscal Deficit…

According to the KNOLSKAPE L&D Trends in the BFSI Industry: 2026 Report, the Banking, Financial Services, and Insurance (BFSI) sector is facing a significant “measurement gap.” While AI is being integrated at record speeds, most organizations are struggling to quantify exactly how these tools translate into bottom-line revenue. 1. The Adoption vs. Impact Gap The report reveals a stark contrast between how companies use AI and how they track its success. While efficiency is the primary driver, financial accountability is lagging. 2. Where is AI Actually Being Used? Currently, AI in finance is being treated more as a “cost-saver” than…

As of March 24, 2026, Indian financial regulators (RBI, SEBI, and IRDAI) have intensified their “Your Money, Your Right” campaign. While the initiative has successfully returned over ₹5,777 crore to nearly 23 lakh claimants, the total pool of unclaimed assets in India remains staggering, particularly within public sector banks. 1. The Scale of Unclaimed Assets (March 2026 Data) Despite the recent successful outreach, billions remain parked in regulatory funds. Asset TypeAmount UnclaimedManaged ByBank Deposits₹60,518 croreRBI (DEA Fund)Insurance Proceeds₹8,973.89 croreIRDAIMutual Funds₹3,749.34 croreSEBI 2. How to Track Your Money: The Digital Portals Each regulator has established a specific digital gateway to help…