Browsing: BUSINESS

As PhonePe Ltd prepares for its initial public offering (IPO), disclosures in its updated draft red herring prospectus (DRHP) shed light on the massive scale and sophisticated monetisation of its merchant ecosystem.

India is expected to contribute as much as 17 per cent to global real GDP growth in 2026 as it continues to be the world’s fastest-growing major economy, according to the latest data compiled by the IMF.

Qatar’s Energy Minister Saad al-Kaabi has warned that war in the Middle East continuing for a “few days” could cause Gulf exporters declaring force majeure, halting deliveries, pushing oil to $150 a barrel and natural gas to $40 per MMBtu (Metric Million British Thermal Unit) within weeks. 

Gold prices in Chennai have continued to decline, with the price of 22-carat jewellery gold dropping sharply over the past five days.

The successful conclusion of the negotiations on the EU-India Free Trade Agreement (FTA) comes against the backdrop of the dramatic shift in the global strategic environment, which led to a stepping up of efforts by the two sides to recalibrate the bilateral economic partnership, according to an article published by the European Policy Centre (EPC).

Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.

Grundfos, one of the world’s leading companies in energy-efficient water solutions, has launched the Grundfos Intelligent Experience Centre (GIEC) in Chennai.

A major Automation Expo is set to be held in Chennai from March 12 to 14, bringing together businesses, technology providers and professionals from across the industrial and automation sectors.

India’s industrial production growth decelerated to a three-month low of 4.8 per cent in January, pulled down by subdued performance in the mining and manufacturing sectors, according to official data released on Monday.