Tuesday, September 08
In a major statement issued during his visit to Japan, Prime Minister Narendra Modi emphasised the need for India and China to collaborate to foster stability within the global economic framework. His remarks came in an interview with The Yomiuri Shimbun, where he underlined that both nations, as the two largest neighbours, have a pivotal role in enhancing regional and global peace.Modi said that New Delhi is prepared to enhance its bilateral relationship with Beijing, seeking to do so based on a foundation of mutual respect, interest, and sensitivity. According to him, a stable and amicable relationship between the two countries can yield positive outcomes not only for Asia but for the world at large.The prime minister's emphasis on this partnership is particularly pertinent given the cur
Around 10 lakh passenger vehicle units were sold in the country in the April-June quarter this fiscal, with Maharashtra leading the sales chart during the period, according to the data shared by industry body SIAM. In the April-June period, 10.12 lakh units of passenger vehicles were sold in the country, with the western zone leading with sales at 3.21 lakh units. Maharashtra recorded the highest passenger vehicle sales with 1.19 lakh units in the June quarter. It was followed by Uttar Pradesh, Gujarat, Karnataka and Haryana, the Society of Indian Automobile Manufacturers (SIAM) data showed. In the two-wheeler segment, 46.75 lakh units were sold in the country in the April-June period this year. Western states led the sales with 14.19 lakh units, SIAM said.Uttar Pradesh recorded the highes
Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The dividend was approved by LIC in its annual general meeting held on August 26, 2025, the state-owned insurance firm said in a statement. The dividend cheque was presented to the Finance Minister by LIC CEO and MD R Doraiswamy in the presence of Department of Financial Services Secretary M Nagaraju and Joint Secretary Parshant Kumar Goyal, along with senior officials of the insurance company. LIC had an asset base of Rs 56.23 lakh crore as of March 31, 2025. It continues to be the market leader in the Indian Life Insurance market, it added.
Billionaire Mukesh Ambani has officially announced that the much-awaited stock market launch (IPO) for his company, Reliance Jio, will happen in the first half of 2026. If things go as expected, this could be the biggest IPO in India's history. Ambani, speaking at the AGM, said he is confident that this will be a great opportunity for all investors.Here are things investors need to keep an eye on:1) The size of the IPOAccording to a Bloomberg report earlier, the company was said to be planning an IPO worth 52,200 crore, making it bigger than Hyundai India's Rs 28,000 crore IPO.Read More: RIL AGM 2025: Mukesh Ambani announces Reliance Jio IPO to hit Dalal Street in first half of 2026This large size is important because it could be a challenge for the market to handle. A smaller IPO might be
