Blog - World Economic Magazine India

01
Oct

LIC Reclassified as Public Shareholder, Paving Way for IDBI Bank Privatisation

Wem India / 8 months
0
5 min read

A step closer to the privatisation of IDBI Bank was achieved as SEBI approved LIC’s application for reclassification as a public shareholder. This removes a significant regulatory impediment and sets the stage for the strategic sale of the lender, which may gain momentum later this year.Background: The Plan to Sell IDBI Bank India is currently […]

01
Oct

Merck Foundation Hosts 7th Edition of First Ladies Initiative Summit with The Gambia First Lady to Strengthen Healthcare and Social Impact Programs

Wem India / 8 months
0
3 min read

Merck Foundation hosts the 7th Edition of its First Ladies Initiative Summit 2025, uniting African and Asian leaders to advance healthcare capacity and social development.

30
Sep

India Must Sustain 8% Growth Annually to Achieve ‘Developed Nation’ Status by 2047

Wem India / 8 months
0
4 min read

Strategic Briefing India now aims to be a Viksit Bharat—Developed India—by 2047. The Finance Ministry has suggested that maintaining GDP growth at about 8% will be vital in the coming decade or so. These developments come amid mounting geopolitical uncertainties, rising trade tensions, and changing global dynamics. With fiscal and central bank measures in place, […]

30
Sep

Sonalika Tractors Achieves Record-Breaking August Sales of 10,932 Units, Led by 28% Domestic Growth

Wem India / 8 months
0
2 min read

New Delhi, India – Sonalika Tractors, India’s top tractor export brand, has reached a new milestone in FY’26, recording its highest-ever August overall sales of 10,932 tractors, driven by a strong 28% growth in the domestic market. This achievement underscores Sonalika’s commitment to delivering farmer-centric, high-performance tractors that enhance productivity and provide complete peace of […]

29
Sep

Simplified GST Reforms Spark Bullish Sentiment on Dalal Street

Wem India / 8 months
0
4 min read

The proposed plan to slash GST rates and reduce the number of slabs has generated excitement in the markets. The simplification is expected to boost consumption, lower inflation, and provide stimulus to multiple industries, injecting buoyancy into the stock markets. Following the Independence Day speech by the Prime Minister, the announcement of a two-slab GST […]

29
Sep

JK Cement Commences Rs. 3,000 Crore Greenfield Plant in Jaisalmer, Signaling Major Growth Leap

Wem India / 8 months
0
2 min read

Jk Cement Begins construction of Rs. 3000 Cr. Greenfield Plant in Jaisalmer Jaisalmer, Rajasthan, India – September 6, 2025 – JK Cement Ltd., a leading name in India’s cement industry, has officially begun construction of its greenfield cement plant in Jaisalmer, Rajasthan, with a proposed investment of Rs. 3,000 crore. Spread across 525 acres, the […]

28
Sep

India’s Uphill Battle to Regulate Jane Street’s Derivatives Empire

Wem India / 8 months
0
6 min read

One of the most complex enforcement actions in recent years was enacted by the Securities and Exchange Board of India (SEBI) against U.S. high-frequency trader Jane Street. The billions’ worth of lucrative derivatives activity posed a real test for SEBI, which had to keep pace with some of the most sophisticated global trading strategies while […]

28
Sep

Sarovar Hotels Unveils “The Shoonyam Retreat” with Dr. Mickey Mehta in Bodhgaya

Wem India / 8 months
0
2 min read

Gurugram, Haryana, India – Sarovar Hotels has launched its exclusive wellness initiative, The Shoonyam Retreat, in collaboration with global holistic health expert Dr. Mickey Mehta. Set against the serene backdrop of Marasa Sarovar Premiere, Bodhgaya, the retreat combines ancient wisdom with modern science to offer guests a transformative journey of inner awakening, physical renewal, and […]

27
Sep

India’s Tourism Vision 2047: A $3 Trillion Leap into the Future

Wem India / 8 months
0
5 min read

India has unveiled Tourism Vision 2047, a master plan with a grand vision to transform the tourism and hospitality sector into a $3 trillion industry by the hundredth year of independence. Initiated by FAITH (Federation of Associations in Tourism & Hospitality), the proposal envisions tourism contributing 10% towards a $30 trillion GDP in 2047—along with […]

27
Sep

Next Bharat Ventures Ignites Impact Innovation at “Next Billion Forum 2025” in Bengaluru

Wem India / 8 months
0
3 min read

Pic caption: The Dignitaries including Mr. Narayana Murthy and Mr. Amitabh Kant Bengaluru, Karnataka, India – Next Bharat Ventures set the stage ablaze with its flagship “Next Billion Forum 2025”, a powerhouse gathering of India’s most influential change-makers. The Forum brought together over 200 participants from India and Japan, including entrepreneurs, investors, policymakers, and corporate […]