Foreign portfolio investors and Indian units of overseas trading houses are lobbying India’s markets regulator for lower securities transaction taxes, citing increased costs and potential double taxation as the Reserve Bank of India implements tighter funding rules. Foreign portfolio investors…
Indian rice export prices remain near a 10-month peak driven by tight domestic supply, uneven monsoon rainfall, and climate-related disruptions, keeping buyers active despite rising offers. Indian rice export prices stayed close to a 10-month peak this week as tighter…
LEAP India Ltd garners ₹744 crore from 32 anchor investors as it prepares to launch its ₹2,480 crore IPO, signalling strong institutional support and confidence in the supply chain asset pooling company. LEAP India Ltd drew strong institutional support ahead…
India’s coffee trade expands its global footprint, with exports to more than 140 nations and a record-breaking value of $2.13 billion in FY2025-26. Efforts to promote GI-tagged coffees and support growers are underpinning this growth despite logistical disruptions. India’s coffee…
Nearly 60% of 600 real estate projects under review in Kolkata are on track to receive approval shortly, following a thorough scrutiny prompted by safety concerns, with the remainder expected to clear before the August 15 deadline, according to CREDAI…
India’s largest coal producer is entering iron ore mining to support the nation’s expanding steel sector and transition to cleaner energy, signalling a significant shift in its strategic direction amid broader mineral and energy diversification plans. Coal India is moving…
India’s parliamentary watchdog urges IRDAI to accelerate risk-based capital adoption and review tax policies to make insurance more accessible and secure public sector insurer reforms. India’s parliamentary watchdog for public enterprises has urged the Insurance Regulatory and Development Authority of…
The Indian rupee declined by 6 paise against the US dollar amid a strengthening dollar, rising US Treasury yields, and geopolitical tensions, with oil prices and domestic markets influencing sentiment. The rupee slipped 6 paise to 95.28 against the US…
Union Minister Giriraj Singh has called on India’s footwear manufacturers to leverage government support schemes and focus on innovation, design and quality to expand India’s share in the global market during the 10th India International Footwear Fair. Union Minister Giriraj…
India’s government faces increasing fiscal pressures from international conflicts, with rising fertiliser and fuel costs straining budget discipline and forcing strategic interventions amid ongoing global disruptions. India’s fiscal managers are facing mounting pressure from abroad, with the government telling a…
Indian instant home-services platforms are moving beyond rapid demand growth to confront challenges of cost management, user retention, and service density, signalling a strategic shift towards sustainable profitability. India’s race to build instant home-services platforms is shifting from headline-grabbing growth…
Global private equity giant KKR is set to acquire Medicover AB’s India hospital arm for $1.39 billion, marking a significant escalation in India’s hospital sector consolidation amid rising investor interest and sector scaling opportunities. KKR is set to buy Medicover…
