Taste The Truth – Bite by Bite
Cyient Ltd is facing a bumpy road after a tough FY25, as shared in a Moneycontrol report on April 21, 2025. The IT firm saw a modest 5.8% revenue growth in Q3 FY25, but its Digital Engineering Technology segment dipped 2.2%, hit by delays in the Sustainability vertical. A CEO change, declining headcount, and a…
Gold record high at $3,384 On April 21, 2025, gold prices hit a record new peak above $3,384, as reported by NDTV, driven by global economic worries and a weakening dollar. Investors are flocking to this safe-haven asset amid Donald Trump’s tariff blitz, with China facing up to 145% levies and the rest of the…
Foreign Institutional Investors (FIIs) are shaking things up! In Q4 2025, they’ve been quietly boosting their stakes in public sector undertakings (PSUs) and smaller stocks, while stepping back from large-cap giants. Data shows FIIs increased holdings in 52% of 79 listed PSU companies and 51% of 186 Nifty Microcap 250 Index firms, as reported on…
Indian auto exports hit a high gear, rising 19% to 53.63 lakh units in FY25, up from 45 lakh units in FY24, according to SIAM’s April 20, 2025 report. Passenger vehicles led the charge, jumping 15% to 7,70,364 units, thanks to global demand for India-made models. Two-wheelers and commercial vehicles also fueled the growth, marking…
On April 19, 2025, HDFC Bank, ICICI Bank, and Yes Bank dropped their Q4 FY2025 results, and they’re looking strong. HDFC Bank’s profit rose 6.7% to ₹17,616 crore, with net interest income up 10%. ICICI Bank wowed with an 18% profit jump to ₹12,630 crore, fueled by 13.9% loan growth. Yes Bank stole the show,…
The Waqf Amendment Act, 2025, could unlock nearly one million acres of land, sparking a warehousing boom, experts say. With 9.4 lakh acres of waqf properties worth over ₹1.4 lakh crore, the Act aims to fix mismanagement and free up land for projects. JLL predicts warehouse demand hitting 1.2 billion sqft by 2027, and this…
Zoho’s Sridhar Vembu is waving a red flag about Indian IT future, and it’s not just AI or Trump tariffs causing the stir. On April 19, 2025, he called out decades of inefficiencies—bloated systems, over-hiring, and outdated billing models—as the real culprits behind the industry’s struggles. With TCS, Infosys, and Wipro posting weak results, Vembu…
Humans of Bombay (HoB), founded by Karishma Mehta in 2014, has become India’s go-to platform for heartfelt narratives. Starting as a humble Facebook page, 29-year-old Mehta turned Mumbai’s diverse tales into a cultural phenomenon, now boasting 3.2 million followers. With no venture capital, HoB earns ₹6.42 crore annually, thanks to books, a YouTube series, and…
Good news for UPI users! The finance ministry has debunked rumors about an 18% GST on UPI payments above ₹2,000, calling them “completely false and misleading.” No such proposal exists, ensuring UPI remains a cost-free, user-friendly platform. Since 2020, no Merchant Discount Rate (MDR) applies to UPI, so no GST is charged. The government continues…