India is moving beyond destination promotion towards integrated infrastructure, digital booking systems and more diverse experiences as it targets a $250 billion tourism economy by 2030. India’s tourism strategy is shifting from selling attractions to building systems. That was the…
India’s commerce minister Piyush Goyal says rising European production costs and supply-chain uncertainty could drive companies towards India, as New Delhi and Brussels work towards a free trade deal. European manufacturing will increasingly depend on trusted partner countries as production…
The planned sale of a 60.72% stake in IDBI Bank could give India its strongest disinvestment performance in eight years and only its second Budget-beating result in nearly a decade. India’s government is on course to finish the current financial…
India’s core industries recorded their strongest growth in the current series in September, but heatwave-driven electricity demand and higher refinery activity raise questions over whether the surge can last. India’s core industrial sectors expanded by 7.9% in September, the strongest…
A phased GST overhaul from November 1 will simplify registration for small e-commerce sellers, automate some refunds and reduce routine compliance demands. India is set to begin rolling out a package of Goods and Services Tax process reforms from November…
State-run fuel retailers have held petrol and diesel rates steady despite volatile global crude markets, as rolling averages, the rupee, refining margins and taxes delay any immediate impact at the pump. Crude oil prices have been swinging higher in global…
India’s first wave of semiconductor assembly plants is turning to customers in Japan, Europe and the US to keep production moving while domestic demand and buyer confidence develop. India’s first wave of semiconductor assembly and test companies is finding that…
India’s commerce minister says the EU’s carbon border rules risk making European industry less competitive, raising infrastructure costs and provoking countermeasures from trading partners. Piyush Goyal has accused the European Union of putting its own industries at risk by imposing…
The IISc-incubated startup is expanding from propulsion research and early defence contracts towards a 120-acre manufacturing facility in Andhra Pradesh. Bengaluru’s growing private space sector is producing more than launch vehicles and satellites. It is also creating demand for the…
India’s Wholesale Price Index has accelerated sharply to 11.39%, driven by surging crude, fuel and power costs and raising concerns over business margins and future consumer prices. India’s wholesale inflation has jumped sharply, with the Wholesale Price Index rising to…
The Samudra Manthan scheme could lower the risks of frontier drilling and attract fresh investment, but rising demand means India will remain reliant on imported energy. India’s new offshore exploration push may improve the odds of fresh oil and gas…
Finance Minister Nirmala Sitharaman has called for an early conclusion of the proposed India-Chile Comprehensive Economic Partnership Agreement and urged CAF to explore project financing for Indian companies. India is pressing ahead with talks on a broader trade and investment…
