India’s defence budget has more than doubled over the past 12 years, reaching ₹6.81 lakh crore in FY26, reflecting the nation’s commitment to military modernization and national security. Key Highlights of India’s Defence Budget Growth Government’s Vision for Defence Expansion The Union Budget 2025-26 prioritizes military modernization, with a focus on: Impact on India’s Global…
Tripura Chief Minister Manik Saha has announced that 17,554 government posts have been filled over the past seven years, reinforcing his administration’s commitment to transparent recruitment. Merit-Based Hiring and Women’s Reservation CM Saha highlighted that all appointments were made on merit, ensuring fair opportunities for candidates. Additionally, 33% of the positions were reserved for women,…
Tripura has witnessed a significant 19.4% decline in crime rate, marking its lowest crime figures in a decade, according to state police reports. Crime Rate Drops Across Key Categories Chief Minister Manik Saha highlighted that property-related crimes fell by 45%, while physical violence cases dropped by 38%. Additionally, crimes against women declined by 55%, reflecting…
GlaxoSmithKline Pharmaceuticals Ltd (GSK Pharma) has reported a net profit of ₹260 crore for Q4 FY25, marking a 32% year-on-year increase, driven by strong growth in its General Medicines, Specialty, and Vaccines portfolio. Revenue Growth and Profitability The company’s revenue rose 6% YoY to ₹966 crore, while full-year revenue stood at ₹3,723 crore, reflecting a…
The Nothing Phone 3 is generating buzz as fans eagerly await its arrival. Known for its transparent design and clean software experience, Nothing has started teasing its next flagship smartphone. Launch Date and Price in India While the official launch date remains undisclosed, Nothing CEO Carl Pei previously confirmed that the Phone 3 will debut…
India is making bold strides toward becoming a global shipbuilding hub, with HD Hyundai and Cochin Shipyard Limited (CSL) in advanced discussions to establish a ₹10,000 crore mega shipyard in Thoothukudi, Tamil Nadu. Strategic Expansion in Shipbuilding The Indian government has identified coastal land in Tamil Nadu, Gujarat, and Andhra Pradesh to develop world-class shipbuilding…
Hero MotoCorp has reported a 6% year-on-year increase in its Q4 FY25 net profit, reaching ₹1,081 crore, compared to ₹1,016 crore in the same period last year. Revenue Growth and Financial Performance The company’s revenue from operations grew 4.4% YoY, totaling ₹9,938.65 crore, surpassing market estimates. Hero MotoCorp’s EBITDA stood at ₹1,416 crore, marking a…
Jyothy Labs Ltd has reported a 2.4% year-on-year decline in its Q4 FY25 net profit, falling to ₹76.25 crore, compared to ₹78.15 crore in the same period last year. Revenue Growth and Cost Pressures Despite the profit dip, revenue rose marginally by 1.1% YoY, reaching ₹666.96 crore, up from ₹659.99 crore in Q4 FY24. However,…
Zaggle Prepaid Ocean Services has reported a strong financial performance in Q4 FY25, with net profit rising 67% year-on-year (YoY) to ₹32 crore, driven by robust revenue growth and strategic business expansion. Revenue Growth and Profitability The company’s total revenue surged 50.5% YoY to ₹411 crore, compared to ₹273 crore in Q4 FY24. On the…
SoftBank Group has reported a strong financial turnaround, posting a $3.5 billion net profit in Q4 FY25, bouncing back from losses in the previous quarter. However, markdowns in Swiggy and Ola Electric Mobility have negatively impacted its India portfolio. Vision Fund 2 Takes a Hit While SoftBank’s Vision Fund 1 recorded a $6.1 billion gain,…
