Monday, October 12
Vietnamese conglomerate Vingroup is accelerating its expansion into the Indian market through its electric vehicle (EV) arm VinFast, which is actively engaging with several state governments and preparing for a key product launch. The introduction of its VF7 and VF6 models, expected before the upcoming festival season, will mark the official entry of Vingroup, one of Vietnam’s leading conglomerates, into India.The company has already committed $2 billion to setting up an EV manufacturing plant in Thoothukudi, Tamil Nadu, selected for its strategic location and infrastructure. "We visited several states and inspected multiple locations... before finally zeroing in on Thoothukudi in Tamil Nadu because of the logistical advantages it offers... with a port and airport nearby," said VinFast A
GIFT Nifty, the flagship derivative contract traded on NSE International Exchange (NSE IX) at GIFT City, posted its highest-ever monthly turnover of $102.35 billion (Rs 8.75 lakh crore) in May 2025, marking a new milestone for the platform. This surpasses the previous monthly high of $100.93 billion recorded in April 2025.The total trading volume stood at 2.10 million contracts for the month, underscoring growing global investor confidence in GIFT Nifty as a benchmark for India’s growth story.Since the launch of its full-scale operations on July 3, 2023, GIFT Nifty has recorded a cumulative turnover of $1.93 trillion, spanning more than 43.28 million contracts as of May 2025.“We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all participants for thei
Taylor Swift has regained control over her entire body of work.In a lengthy note posted to her official website on Friday, Swift announced: "All of the music I've ever made now belongs to me." The pop star said she purchased her catalog of recordings - originally released through Big Machine Records - from their most recent owner, the private equity firm Shamrock Capital. She did not disclose the amount.In recent years, Swift has been rerecording and releasing her first six albums in an attempt to regain control of her music."I can't thank you enough for helping to reunite me with this art that I have dedicated my life to, but have never owned until now," Swift addressed fans in the post. "The best things that have ever been mine ... finally actually are." "We are thrilled with this outcom
India's power utilities sector remains well-positioned for long-term growth, backed by robust renewable energy (RE) additions, resilient coal production, and policy-driven supply-side readiness.Despite a near-term moderation in electricity demand, structural tailwinds such as energy transition, rising electrification, and economic growth are expected to support sustained sectoral momentum.Peak power demand in India reached 250GW in FY25 and is projected to touch 270GW in FY26. Although demand growth moderated to ~5% in FY25 (vs. 7–9% in FY22–24) and further eased to ~2% YoY in April 2025 due to high base effects and milder weather, demand volatility in peak months suggests potential for a sharp rebound in the near term.Capacity additions in FY25 were a standout, with total generation c
“But if it makes a difference to you whether your stocks are down 15% or not, you need to get a somewhat different investment philosophy because the world is not going to adapt to you. You’re going to have to adapt to the world.” — Warren Buffett, 60th Annual Meeting, May 2025Investors, their advisors, and even regulators agree that an investor should allocate capital according to his risk profile. This is composed of two different things. First is the risk-taking capacity based on their financial circumstances, investment horizon etc. Second is the psychological response handling capacity when the actual risk takes place. The first one is what we can call the hard aspect of risk profile and the second is the soft aspect.If someone’s financial situation is too precarious in terms
