The company that once called itself a nonprofit research lab is now preparing for what could be the largest stock market debut in history. It is burning billions, racing a rival to the listing, and asking public investors to bet on profits that may not arrive until 2030.
India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
According to data released by FADA, passenger vehicle (PV) retail sales touched a record 4,02,591 units last month, up from 3,26,656 units in May 2025, marking a growth of 23.25 per cent.
Over 58 crore Jan Dhan accounts have brought millions of Indians into the formal banking system, ensuring that benefits under welfare schemes, low-cost insurance, and pensions reach beneficiaries without leakages, Union Finance Minister Nirmala Sitharaman said.
India currently accounts for only about 5-6 per cent of global EMS manufacturing, indicating significant headroom for expansion.
The project will be implemented over an area of around 46 acres and is expected to generate employment for over 920 persons, providing a significant boost to industrial employment in the region.
At the close, the Sensex fell 769.67 points, or 0.94%, at 81,537.70, while the Nifty dropped 241.25 points, or 0.95%, at 25,048.65
In its pre-Budget recommendations, the apex real estate body suggested raising the existing deduction limit for interest on home loans for self-occupied houses fromRs 2 lakh to at least Rs 5 lakh.
The HSBC Flash India Composite Output Index, which tracks combined activity across manufacturing and services, rose to 59.5 in January from 57.8 in December.
TikTok said it has created a new US-based joint venture to meet federal security requirements and allow Americans to keep using the popular video app.
