The recent uptick in Basmati rice prices is driven by increased international demand and not linked to geopolitical tensions between India and Pakistan, according to the All India Rice Exporters Association (AIREA).AIREA President Satish Goel clarified that the export prices of Basmati varieties 1509 and 1718 have seen a slight rise since March due to…
The Bloomberg Billionaires Index estimates Sunil Mittal and his family’s net worth at $28 billion. Billionaire Sunil Mittal is looking to purchase a 49% stake in Haier Smart Home Co.’s Indian division, sources close to the matter indicate. This strategic move aims to capitalise on the increasing demand for household appliances in India.The founder of…
The defence allocation in India’s budget for FY2026 is set at Rs 6.81 lakh crore. (AI image) Operation Sindoor impact on defence stocks: Defence-related stocks on Friday saw significant gains, with companies like Hindustan Aeronautics and Bharat Forge showing increases of up to 4% amid escalating tensions between India and Pakistan.Paras Defence recorded the highest…
