From Karnataka’s ₹10.27 Lakh Cr Investments to BSNL’s Profit After 17 Years – India’s Big Money Moves
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🗞️ Karnataka Secures ₹10.27 Lakh Crore in Investments, 6 Lakh Jobs Expected
Karnataka has received massive investment proposals worth ₹10.27 lakh crore during the Global Investors Meet 2025, expected to generate over 6 lakh jobs across sectors like renewable energy, infrastructure, and manufacturing.
Expert Opinion:
“This investment surge cements Karnataka’s position as a hub for industrial and technological growth.” – Rajesh Malhotra, Industry Expert
🗞️ New Income Tax Bill 2025: Key Changes & Impact
The new income tax bill aims to simplify tax structures, with potential changes in crypto taxation, deductions, and exemptions. Experts say it could ease compliance burdens for individuals and businesses.
Expert Opinion:
“The proposed tax bill aims to strike a balance between revenue generation and taxpayer relief.” – Swati Sharma, Taxation Expert
🗞️ India’s Energy Import Strategy Hinges on Discounted Oil Deals
India’s oil minister has stated that discounts on crude oil imports will dictate India’s energy import strategy. While India diversifies suppliers, price competitiveness remains key.
Expert Opinion:
“India is strategically leveraging global oil market fluctuations to optimize import costs.” – Anirudh Bhattacharya, Energy Analyst
🗞️ BSNL Posts ₹262 Crore Profit in Q3 – First Profit Since 2007!
BSNL has reported a ₹262 crore profit in Q3, marking its first profitable quarter in 17 years after massive government aid and cost-cutting measures.
Expert Opinion:
“This turnaround suggests BSNL is on the path to revival, but sustained profitability is the key challenge.” – Rohan Shah, Telecom Analyst
🗞️ Tata Group Chairman N Chandrasekaran Honored with UK Knighthood
Tata Group Chairman N Chandrasekaran has been conferred Knighthood by the United Kingdom, recognizing his contributions to UK-India business relations and economic growth.
Expert Opinion:
“This honor highlights Tata Group’s global influence and Chandrasekaran’s leadership in expanding business ties.” – Ananya Bhattacharya, Business Analyst
🗞️ Sensex Sees Volatility Amid Global Market Trends
Stock markets remained volatile as Sensex fluctuated throughout the day, reflecting mixed global cues and investor sentiments. Analysts suggest sectoral rotation and foreign inflows as key trends shaping the markets.
Expert Opinion:
“While short-term volatility persists, the Indian stock market remains strong fundamentally.” – Kunal Malhotra, Market Strategist
🗞️ Asian Paints Exits Indonesia, Sells Business for $5.6 Million
Asian Paints has exited the Indonesian market, selling its operations to Omega Holdings for $5.6 million, citing low returns and competitive challenges.
Expert Opinion:
“This move allows Asian Paints to refocus on its core markets and optimize profitability.” – Kunal Malhotra, Industry Expert
🗞️ British American Tobacco to Exit ITC Hotels Stake by 2026
British American Tobacco (BAT) has announced plans to sell its stake in ITC Hotels by 2026, as part of its global restructuring strategy.
Expert Opinion:
"This divestment could open opportunities for Indian investors and strategic buyers." – Ananya Gupta, Hospitality Analyst
📊 Market Updates (Latest Data)
📈Sensex: Up 210 points, closes at 71,407
📈Nifty 50: Rises 78 points, ends at 21,605
📉Rupee: Weakens to ₹83.24/$
📈Gold: Jumps to ₹63,350 per 10g
📉Silver: Dips to ₹74,950 per kg
📈 Brent Crude: Inches up to $81.2 per barrel