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Mahindra & Mahindra plans to boost global exports with its new pickup truck. The vehicle, named Mahindra Lifestyler abroad, will hit the Indian market in April 2027 as the Mahindra Scorpio Lifestyler. Rajesh Jejurikar said, "The Lifestyler pickup was developed as a global platform for leveraging a global opportunity."
The outlook for India’s metals and mining sector is improving, says brokerage firm Systematix. Non-ferrous companies led earnings growth in 1QFY27, helping overall EBITDA margins rise to 21.6 percent. While capacity expansion and volume recovery support steel producers, raw material costs and commodity prices remain key risks for the industry today.
Rajnish Kumar shared the story of ixigo’s near-death moments in his new book, Made in Fire. He said, "Nothing you are building is worth your health." The book covers many tough lessons from his journey, including three attempts at an IPO. He wrote it to help future builders learn from experiences.
Nikhil Kamath said F&O trading is bad for almost 99% of retail traders. He drew a parallel with ITC, noting that brokers must diversify as regulators tighten rules. A SEBI study showed 93% of individual traders lost money between FY22 and FY24, with total losses exceeding ₹1.8 lakh crore.
India’s first fully indigenous AK-203 ‘Sher’ rifle was successfully test-fired at the Korwa ordnance facility in Amethi. CEO Maj Gen S K Sharma said, “We have successfully produced and fired the first AK-203 (Sher) rifle made with 100% Indian components.” The company now plans to supply 6 lakh rifles soon.
Maharashtra FDA commissioner Tukaram Mundhe is making waves with strict food safety inspections across the state. Industrialist Harsh Goenka recently shared a photo of a sign reading, "Forget Michelin stars, Tukaram Mundhe approved eatery." Many popular food outlets faced temporary closures after officials found hygiene violations and expired products.
The PM-KUSUM scheme benefited 21,77,369 farmers as on December 31, 2025. Farmers now use solar pumps to cut diesel use and sell surplus power to the grid. This initiative helps them become power producers. The government said, "I feel very gratified at this national achievement and whatever contribution my company has."
Petrol and diesel prices stayed steady in Delhi, Mumbai and Bengaluru on 23 August. While global energy supply issues continue, state-owned retailers kept rates unchanged. US Energy Secretary Chris Wright said, "Make no mistake, thanks to the U.S. Navy, oil is flowing through the Strait of Hormuz." Prices remain stable.
Banks and NBFCs check your income, repayment history, employment, and existing debt before approving a personal loan. CIBIL says these factors help lenders assess your profile. A weak credit history, low income, or unstable job often leads to rejection. CIBIL advises borrowers to apply for new credit very cautiously.
Switching jobs does not halt your EPF savings as your balance and future contributions depend on your employment type. You should share your existing UAN with new employers to keep accounts consolidated. If you become self-employed, your balance earns interest until age 58, but you cannot make fresh contributions yourself.
Bangladesh’s Ashuganj fertiliser factory closed in March 2025 due to an acute natural gas shortage. This crisis hit hundreds of textile factories, triggered power cuts, and disrupted household gas supplies. Worker Md Bazlur Rashid said, "Only the skeleton of the factory remains. It has lost its life." Production remains stalled.
Infosys co-founder N. R. Narayana Murthy shared a key business insight at the Wharton School. He said, “Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.” He used this to explain how firms grow.