💰 Big Bank Payouts Boost India’s Finances

New Delhi, July 8 – Finance Minister Nirmala Sitharaman received ₹5,304 crore in dividend cheques from three public sector banks for the financial year that ended on March 31, 2025. Punjab National Bank gave ₹2,335 crore, Bank of India gave ₹1,353 crore, and Indian Bank gave ₹1,616 crore. These payouts follow earlier dividends from SBI…

Minister Nirmala Sitharaman

London to Host Major Global Economic Summit in 2025

London, July 7  – London will host a high-profile economic summit in October 2025 at Mansion House, positioning itself alongside elite forums like Davos and Doha. The event, themed “Navigating A New Global Order,” will gather 400 global leaders from business, government, and academia to tackle pressing economic and geopolitical challenges. Key Highlights: ✔ Focus Areas: Trade, AI, fintech, geopolitics, and post-Brexit economic diplomacy ✔ Why…

Cement Demand Set to Bounce Back with 7% Growth This Fiscal Year

India’s cement demand is expected to recover to 6.5-7.5% growth in 2024-25 after slowing to around 5% last year, according to a CRISIL report. Higher demand and rising prices will boost profitability for cement makers, pushing operating margins above the 10-year average. Key Drivers of Growth: Rural housing demand (7-8% growth) will lead the recovery, supported by better farm…