Industries Minister M.B. Patil has ordered fortnightly progress reports and a dedicated on-site team as Karnataka races to clear land, infrastructure and investor-readiness hurdles at the 5,800-acre development. Karnataka is pushing to accelerate work on KWIN City, with Industries Minister…
The arrest of a Munitions India executive in an alleged ₹500 crore bribery and information-leak case has cast fresh scrutiny on a sprawling state-owned defence supply chain. A Central Bureau of Investigation raid on officials linked to Munitions India Ltd…
Canada and India are targeting the completion of a long-delayed comprehensive economic partnership agreement by the end of 2026, as Fairfax Financial’s proposed takeover of IDBI Bank highlights renewed investor interest. India and Canada are edging closer to a long-delayed…
Bilateral commerce has climbed sharply on Russian energy and fertiliser supplies, but India is pressing to narrow the trade gap by expanding exports and easing payment and transport barriers. India and Russia are moving closer to their bilateral trade goal,…
The Supreme Court’s decision to uphold the reversal of Yes Bank’s AT1 bond write-off could pressure the lender’s capital ratios while setting a higher legal bar for future banking resolutions. Yes Bank’s shares came under pressure after India’s Supreme Court…
Finance minister Nirmala Sitharaman says wider local-currency settlements could keep essential trade moving for countries struggling to secure dollars, while India seeks to rebalance existing trade pacts. India is stepping up its push to settle more cross-border trade in rupees,…
Fairfax Financial chairman Prem Watsa says India could enter a decade-long investment upswing as companies diversify beyond China, while his group moves towards acquiring a 60.72% stake in IDBI Bank. Prem Watsa has offered an upbeat reading of India’s prospects,…
The All India Regional Rural Bank Employees Association has urged RRBs to follow NABARD guidance limiting deputation and give eligible in-house officers a clearer route to promotion posts. The All India Regional Rural Bank Employees Association has renewed pressure on…
The Bharti Enterprises founder says technology, energy and India’s young population could drive the country towards becoming the world’s third-largest economy. Sunil Bharti Mittal says India is on the cusp of a long economic surge and that, if he were…
The latest postponement eases spending pressure on India’s mobile operators, but deprives the government of near-term telecom revenue as carriers await cheaper airwaves. India’s mobile operators appear to have won a useful pause as the next spectrum sale slips further…
New funding and AI tools are helping Indian drug developers cut the cost of finding promising compounds, but experts warn that weak preclinical and clinical capacity could stall the journey to approved medicines. India is stepping up its push into…
India’s unemployment rate was unchanged in September as higher urban joblessness, driven mainly by women, offset broadly steady conditions in rural areas. India’s unemployment rate held at 5.0% in September, unchanged from August, as a slight rise in joblessness in…
