India is set to witness a historic general strike on Wednesday, with more than 25 crore workers from diverse sectors including banking, insurance, coal mining, and construction expected to participate. Orchestrated by a coalition of 10 central trade unions, the nationwide ‘Bharat Bandh’ aims to challenge government policies perceived as detrimental to workers, farmers, and the broader public interest. The unions criticize labor code reforms, rising unemployment, and cuts in social spending, alleging a tilt toward corporate interests at the expense of the welfare state.

The Securities and Exchange Board of India (Sebi) has unveiled a set of proposed regulatory reforms aimed at broadening the operational scope of asset management companies (AMCs) and their subsidiaries. The draft framework would enable AMCs to provide ancillary services, including acting as Points of Presence (POP) for pension schemes and serving as global distributors of their funds. Sebi also contemplates relaxing the broad basing requirement for pooled funds, contingent on strict governance measures to mitigate conflict-of-interest risks.

Madhya Pradesh has successfully garnered investment proposals totaling Rs 15,606 crore from Punjab-based companies, following an interactive session led by Chief Minister Mohan Yadav. The event, attended by over 400 delegates from diverse sectors including textiles, engineering, and auto parts, highlighted the state’s business-friendly policies, infrastructure strengths, and attractive incentives. Key industrial players such as Trident Group and Ralson Tyres committed significant capital, promising to generate over 20,000 jobs.

In a gesture that highlights the warmth and camaraderie within India’s entertainment and sports communities, acclaimed actor-producer Aamir Khan named the newborn daughter of Tamil actor Vishnu Vishal and badminton champion Jwala Gutta. The couple, who welcomed their child recently, revealed that Khan bestowed the name “Mira” upon their daughter—a moment they described as deeply emotional and unforgettable.

Sarovar Hotels has announced its continued expansion into Central India with the signing of a new property in Gwalior, Madhya Pradesh, in partnership with Prime Land Estates. The 100-key upscale hotel, Sarovar Portico Gwalior, is scheduled to open in 2029 and is expected to cater to both leisure and business travelers. This development reflects Sarovar’s strategic vision to strengthen its presence in tier-II cities with high tourism and economic growth potential.

UltraTech Cement has received prestigious 5-star and 7-star ratings for its 13 limestone mines from the Indian Bureau of Mines, recognizing its commitment to sustainable and environmentally responsible mining. These accolades underscore UltraTech’s alignment with the Bureau’s emphasis on green mining, operational efficiency, and technology-enabled mineral processing. The recognition affirms the company’s strategic focus on integrating sustainability into its core operations, reflecting growing industry standards for environmental stewardship within the mining sector.

InPrime Finserv, a prominent non-banking financial company (NBFC), has successfully raised Rs 50 crore in a funding round spearheaded by Pravega Ventures. The capital infusion is earmarked to drive expansion into new regions, targeting around 50 operational locations over the next year across key states including Karnataka, Uttar Pradesh, Rajasthan, and Haryana. Alongside geographic growth, InPrime aims to enhance its product portfolio, particularly focusing on secured lending, while exploring strategic co-lending partnerships to broaden and diversify its capital framework.

Kalyan Jewellers posted a remarkable 31% year-on-year rise in consolidated revenue for the first quarter of fiscal 2025-26, reaching Rs 7,283 crore despite challenges from fluctuating gold prices and geopolitical uncertainties. The company’s India operations matched this growth, while international segments, including the Middle East and digital platform Candere, also saw strong performance with 26% and 67% revenue increases respectively. The firm accelerated expansion by inaugurating 19 new showrooms during the quarter and plans to open 170 more across domestic and global markets.

In a strategic move reflecting the broader banking sector’s rate realignment, state-owned Bank of India has announced a downward revision of key deposit interest rates. The savings deposit rate has been reduced by 25 basis points to 2.50%, while the interest on its 999-day green deposit has been brought down from 7% to 6.70%. These changes, which align with similar decisions by other financial institutions, come as banks respond to evolving liquidity conditions and monetary policy cues.

TVS Motor Company, one of India’s leading two- and three-wheeler manufacturers, has announced the launch of its highly anticipated TVS Jupiter 110 in Nepal. Positioned as a next-generation scooter, the Jupiter 110 arrives with 15 first-in-segment and 14 best-in-class features, targeting tech-savvy consumers who prioritize convenience, reliability, and style. Backed by a strong legacy of over 7 million customers globally, this strategic move underlines TVS’s ambition to strengthen its international presence, particularly in South Asia.