Corporate Expansion: Travel Brand ixigo Strengthens Hospitality Footprint with Majority Stake in Brevistay

Online travel aggregator and prominent AI-driven brand ixigo (Le Travenues Technology Limited) has officially declared a massive consolidation move in India’s hospitality sector after its Board of Directors formally approved the acquisition of a dominant 54.66% majority stake in hourly-stay pioneer Brevistay for a total cash investment of Rs 65.69 crore. This strategic corporate transaction,…

Macro-Economy: Reserve Bank Reports $7.1 Billion Q4 Current Account Surplus Amid Severe Global Headwinds

The Reserve Bank of India (RBI) has officially released its highly anticipated balance of payments data for the final quarter of the 2025–26 fiscal year, revealing that India successfully recorded a robust current account surplus of $7.1 billion, equivalent to roughly 0.7% of the nation’s total Gross Domestic Product (GDP). This critical financial milestone was…