India’s commerce minister Piyush Goyal has accused Brussels of undermining its own competitiveness with the Carbon Border Adjustment Mechanism, as research shows the levy is already reshaping Indian steel exports. India’s commerce and industry minister, Piyush Goyal, used a speech…
The government is considering a larger FY28 allocation as import prices, shipping costs and supply disruptions drive the fertiliser support bill sharply above its original budget. India is preparing to raise fertiliser subsidies in the FY28 Budget, with early discussions…
The proposed rules would let REITs and InvITs take minority stakes in under-construction, third-party projects, widening their asset pipeline while giving developers a new way to raise capital without surrendering control. India’s markets regulator is weighing a change that could…
HDFC Bank is facing renewed selling pressure as weaker-than-expected earnings momentum, a narrowing net interest margin and an internal probe into alleged information leaks weigh on sentiment, despite continued support from domestic investors and bullish broker ratings. HDFC Bank’s shares…
A report by Alvarez & Marsal says domestic coal gasification could replace ₹1.96tn of annual imports while creating new manufacturing capacity in chemicals, fertilisers and industrial gases. India could cut annual imports of industrial products worth ₹1.96 trillion by building…
The Bharat Audyogik Vikas Yojna will fund 100 ready-to-use industrial parks, aiming to cut delays for manufacturers while testing whether better infrastructure can turn investment interest into factories and jobs. India’s latest industrial push is built around a simple idea:…
Chief Minister Mohan Charan Majhi is courting more than 20 major companies in Mumbai as Odisha seeks to expand beyond mining and metallurgy into higher-value manufacturing. Odisha is stepping up its pitch to global industry, with Chief Minister Mohan Charan…
Passenger-car registrations fell sharply during Navratri against a strong 2024 base, but rising bookings, showroom visits and automaker deliveries point to a potential Diwali sales rebound. India’s festive car market is sending mixed signals: retail registrations during Navratri were lower…
Jio Platforms plans to use most of its Rs 30,213 crore IPO proceeds to repay borrowings at Reliance Jio Infocomm, improving the group’s funding flexibility without materially changing near-term leverage. Moody’s said Jio Platforms’ planned initial public offering should strengthen…
The Ukraine episode highlights how satellite networks, cloud platforms, payments and defence suppliers could give foreign companies or governments leverage over India’s critical systems. Elon Musk’s decision to curb Starshield service to Ukraine has drawn fresh attention to a question…
India’s battery-cell imports are soaring while its flagship manufacturing scheme struggles to deliver, prompting a proposed shift towards supporting the materials and components beneath the industry. India’s efforts to build a domestic battery-cell industry are running into a familiar problem:…
New Delhi’s Semicon 2.0 programme aims to build a domestic semiconductor supply chain, with Taiwanese expertise helping India move beyond chip design and assembly into wafer fabrication and advanced packaging. India’s push to build a domestic semiconductor industry has moved…
