The International Finance Corporation commits Rs 225 crore to NDR Smart Spaces to develop nearly 20 million square feet of modern warehousing, including cold storage, across Indian Tier-II and Tier-III cities, aiming to boost manufacturing, employment, and sustainable infrastructure. The…
India’s July crude imports from Russia hit a new high, accounting for over half of total shipments, as New Delhi balances discounted Russian supplies with Gulf sources amidst US legislative threats and ongoing geopolitical risks. Russian crude accounted for 55.5%…
The Indian medical device industry criticises the proposed overhaul of the drugs law, citing outdated terminology and lack of consultation, amid ongoing debates on specialised regulations for medical devices. A draft law meant to replace India’s decades-old drugs regime has…
Filing your income tax return on time does not exempt you from potential notices. Discrepancies in data such as tax credits, income disclosure, or high-value transactions can prompt scrutiny, emphasising the importance of accuracy and prompt response in tax filing.…
Central Depository Services (India) Ltd reports a robust start to FY2027 with a 15.4% rise in income, stable market share near 80%, and benefits from diversified services despite regulatory fee cuts and mixed profit metrics. Central Depository Services (India) Ltd…
Sai Life Sciences is increasing investments to deepen partnerships with top pharma companies, aiming to secure long-term revenue through expanded capabilities and strategic growth initiatives amid strong recent financial results. Sai Life Sciences is betting that deeper, longer relationships with…
India has taken a significant step towards operationalising its long-awaited labour law overhaul, with the central government notifying final rules under four key labour codes, affecting compliance standards for employers nationwide. India has moved a step closer to a long-promised…
India’s government is deploying a broad mix of fiscal, trade, and regulatory strategies, including the creation of an Economic Stabilisation Fund, to shield the economy from global volatility and ensure stability across public finances, exports, and investment flows. India’s government…
The Supreme Court of Pakistan has ruled that tax authorities cannot impose penalties or liabilities retroactively based on laws enacted after the conduct, marking a significant shift towards protecting taxpayer rights and ensuring legal clarity. Pakistan’s Supreme Court has ruled…
As South Korea deepens economic ties with India, startups are urged to focus on precise, localised strategies rather than broad ambitions. Success hinges on understanding regional differences, establishing clear operational models, and targeting specific sectors like beauty, electric vehicles, and…
The Electronic Components Industry Association reports a seasonal decline in July’s industry sentiment index, while confidence remains high due to sustained upward trends throughout 2026, signalling a resilient electronics market. The Electronic Components Industry Association said sentiment in the near-term…
India’s unemployment rate rose slightly to 5.4% in April-June 2026, with urban women experiencing the highest joblessness amid signs of gradual labour market improvement. India’s unemployment rate for people aged 15 and above rose to 5.4% in the April-June 2026…
