The Indian government has clarified that there is no blanket ban on airport operators owning airlines, but contractual restrictions and potential regulatory shifts are intensifying debate over competition and conflict of interest in the sector. The Indian government has said…
India hit a new high in Russian crude oil imports in July, reinforcing its role as Moscow’s key energy customer despite ongoing Western sanctions and falling Russian revenues, as volumes reach nearly 2.8 million barrels a day. India’s imports of…
Indian rice exporters face a dramatic increase in freight rates amid container shortages and regional supply issues, threatening margins and domestic prices amid broader trade and agricultural pressures. India’s rice exporters are facing a sharp rise in logistics costs as…
India’s battery swapping infrastructure is transforming from a niche to a rapidly expanding segment, driven by surging EV adoption and innovative ownership models, with projections reaching over half a billion dollars by 2034. India’s battery swapping market is moving from…
The Enforcement Directorate has intensified its investigations into the Anil Ambani group, filing multiple chargesheets and attaching assets worth Rs 8,078 crore over alleged fraudulent fund diversion of Rs 40,185 crore, involving shell companies and complex transactions. The Enforcement Directorate…
Reserve Bank of India Governor Sanjay Malhotra calls for increased investment in AI technology, infrastructure, and staff training among Indian banks, warning of risks and the importance of strategic deployment in the evolving financial landscape. Indian banks need to move…
Renewed attacks near the Strait of Hormuz have pushed up oil prices, exposing India’s trucking industry to increased costs and highlighting the need for technological upgrades and policy support to maintain reliability and profitability. India’s trucking sector is entering another…
India’s tractor market experienced its strongest July on record with a 28.1% increase in retail registrations, driven by favourable farm cash flows and government support, even as the monsoon outlook remains subdued amid El Niño concerns. India’s tractor market extended…
The Directorate General of Foreign Trade has removed the requirement for physical duty payment challans for Export Obligation Discharge Certificates, aiming to simplify export compliance and enhance digital processes amid ongoing reforms. The Directorate General of Foreign Trade has stopped…
Coal India Limited has brought 200 MW of solar capacity into commercial operation at Khavda in Gujarat, marking a significant step in its ambitious renewable energy expansion, as part of a broader goal to reach 9.5 GW of renewable capacity…
BSE is set to replace Wipro in the Nifty 50 from September 30, reflecting a significant shift driven by strong performance and investor sentiment, with potential passive inflows of hundreds of millions of dollars. BSE is set to join the…
India’s biggest Bollywood names are transforming their fame into long-term business empires, spanning entertainment, sports, consumer goods, and start-ups, signalling a strategic shift from acting to boardroom dominance. Bollywood’s biggest names are increasingly building businesses that reach far beyond the…
