Categories
1 Minute-Read

India’s GDP growth at 7.8% in Oct–Dec quarter

India’s economy grew 7.8% in the October–December 2025–26 quarter, according to revised GDP data using 2022–23 as the base year. The update incorporates broader data sources and improved methodology, giving a clearer picture of economic activity.

The National Statistics Office also raised the full-year growth forecast to 7.6%, reflecting resilience in consumption, manufacturing, and services despite global uncertainties. Analysts say the figures highlight continued domestic demand and industrial output strength.

India remains one of the fastest-growing major economies, with the new data expected to improve the reliability of future economic reporting.

Categories
1 Minute-Read

Promoter cuts 14% stake in Vishal Mega Mart

Shares of Vishal Mega Mart were in focus after its promoter sold about 14% stake through block deals worth roughly ₹7,600 crore. The shares were offloaded at around ₹117 apiece, reducing promoter holding significantly.

Among the key buyers were the Government of Singapore and HDFC Mutual Fund, along with other institutional investors.

Following the transaction, the stock declined during trading. The deal marks one of the largest stake sales since the retailer’s market debut and signals growing institutional interest in the company.

Categories
1 Minute-Read

WPP to operate as unified company, says CEO Cindy Rose

WPP is restructuring its global operations, moving away from its traditional holding company model to function as a single, integrated organisation.

The announcement was made by CEO Cindy Rose as part of a broader effort to simplify the group’s structure.Under the new framework, WPP will align its services across four core divisions and four geographic regions, aiming to improve coordination and reduce internal silos.

The company says the streamlined setup will allow it to deliver more cohesive, technology-driven solutions to clients while improving efficiency and long-term growth prospects.

Categories
1 Minute-Read

Power lines to go underground in Chandni Chowk

The Delhi government has started a ₹159.75 crore project to shift overhead power lines underground in Chandni Chowk.

Chief Minister Rekha Gupta said the move will reduce fire risks, improve electricity supply and enhance the look of the historic area. Around 52 km of cables will be laid underground, benefiting nearly 10,000 consumers.

Work will be carried out in phases, mainly at night, to minimise disruption to traders and visitors. The project also includes new feeder pillars and better monitoring systems to strengthen power infrastructure in the busy market.

Categories
1 Minute-Read

DeepSeek withholds AI model from US firms

Chinese AI startup DeepSeek has reportedly decided not to share its latest AI model with major US chipmakers, including Nvidia and Advanced Micro Devices.

Sources said the company instead gave early access to selected Chinese hardware partners, such as Huawei Technologies, ahead of the model’s expected launch.

Typically, AI developers provide early versions of new models to global chip firms to improve compatibility and performance. The move is seen as part of China’s push to strengthen domestic technology capabilities amid ongoing US-China trade and technology tensions.

Categories
1 Minute-Read

2000 L&T workers clash with police in Hazira

Around 2,000 contract workers employed by Larsen & Toubro staged a protest at a steel plant site in Hazira, Gujarat, demanding higher wages and reduced working hours.

The demonstration turned violent after clashes broke out between workers and police. Authorities said some protesters allegedly resorted to stone-pelting and set vehicles on fire, prompting police to fire tear gas shells to disperse the crowd.

Several workers and police personnel suffered minor injuries. Additional security forces were deployed in the area. Officials have appealed for calm and said talks may be held to address workers’ grievances.

Categories
1 Minute-Read

UK ends visa-free travel without pre-approval

Travelling to the United Kingdom will now require an extra step for millions of visitors. The country has made its new Electronic Travel Authorisation (ETA) system compulsory, meaning visa-free travellers must get online approval before they even start their journey.

The rule applies to people from dozens of countries who were earlier allowed to enter Britain without a visa for short stays. From now on, they must fill out an online application, pay a fee and receive clearance before boarding a flight, train or ferry. Those who arrive at the airport without an approved ETA will simply not be allowed to travel.

The permit is not a visa. It is a digital pre-check that allows visits of up to six months for tourism, business or family trips. Once granted, it is valid for two years and can be used for multiple visits, as long as the passport remains valid.

UK authorities say the system is designed to make borders more secure and more efficient. By screening travellers in advance, officials can decide who is allowed to travel before they reach the country. The move also brings Britain in line with countries such as the United States and Australia, which already run similar pre-travel authorisation programmes.

The rollout has been gradual. The ETA was first introduced for a smaller group of nationalities and later extended to European travellers. With the transition period now over, the requirement has become fully mandatory.

British and Irish citizens, along with people who already hold a UK visa or residency, do not need to apply.

For travellers, the biggest change is the loss of last-minute trips. Travel industry experts say planning ahead is now essential, even for short holidays or quick business visits.

Also Read: Dr Reddy’s eyes March launch of low-cost Ozempic copy

Categories
1 Minute-Read

WTO panel to hear China’s challenge on India’s auto, EV incentives

The World Trade Organization (WTO) will set up a panel to examine China’s complaint against India’s production-linked incentives for automobiles, electric vehicles, and renewable energy.

Beijing claims the schemes discriminate against its exporters, while India insists the measures are fully WTO-compliant and aimed at boosting domestic manufacturing. After bilateral talks failed, the panel process was triggered.

Officials said India will vigorously defend its programmes, which follow WTO rules. Several countries, including the US and EU, may join as third parties.

Categories
1 Minute-Read

Tata Sons puts off Chandrasekaran reappointment call

Tata Sons has postponed a decision on the reappointment of its chairman N. Chandrasekaran after he requested the board to take up the matter at a later stage. His present tenure is valid until 2027, and there is no immediate requirement to decide on an extension.

The move is being viewed as a step to follow a proper evaluation process at the appropriate time. Chandrasekaran, who has led the group since 2017, has overseen key restructuring, expansion across businesses and significant reduction in debt.

The board is expected to review the issue closer to the end of his current term.

Categories
1 Minute-Read

Jeep India’s Wrangler Willys ’41 returns at ₹70.31 lakh

Jeep India has relaunched the Wrangler Willys ’41 at ₹70.31 lakh (ex-showroom) in limited numbers. The SUV is based on the Rubicon variant and features a distinctive ‘41 Green’ paint shade, special decals and cosmetic elements inspired by the original 1941 Willys.

It continues to be powered by a 2.0-litre turbo-petrol engine paired with an automatic transmission and retains its full off-road capability.

Due to its high on-road price, the model will attract a hefty monthly EMI for buyers choosing finance, depending on the loan amount, tenure and interest rate, positioning it as a niche lifestyle vehicle in India.