Business and Finance
MDL Acquires 51 Percent Stake in Colombo Dockyard Imagine a chessboard where the pieces are ships, ports, and strategic alliances, and the Indian Ocean is the board. India just made a bold move. Mazagon Dock Shipbuilders Limited (MDL), India’s premier defence shipyard, has announced it’s acquiring a 51% stake in Sri Lanka’s Colombo Dockyard PLC…
Detailed Analysis of Oil Prices and Market Reactions Amid Israel-Iran Conflict As of 11:07 AM IST on Monday, June 23, 2025, global markets are reeling from the escalating conflict between Israel and Iran, with the United States stepping into the ongoing war. This situation has driven oil prices to a 5-month high, while Asian stock…
In a bold move to keep India’s economy humming, the Reserve Bank of India (RBI) announced a significant reduction in the Cash Reserve Ratio (CRR) on June 6, 2025. This decision, part of the RBI’s monetary policy update, is set to inject a whopping ₹2.5 lakh crore into the banking system by December 2025. A…
On June 18, 2025, Vedanta Ltd made headlines by selling a 1.6% stake in its subsidiary, Hindustan Zinc Ltd (HZL), through block deals. This move is expected to raise approximately Rs 3,018 crore. Meanwhile, HZL announced a bold Rs 12,000 crore investment to expand its operations in Rajasthan. These developments highlight strategic shifts for both…
