A draft policy sets out a fourfold expansion in India’s steel capacity, alongside plans to cut reliance on imported coking coal and steer one of the country’s most carbon-intensive industries towards net zero by 2070. India has set out an…
Communications minister Jyotiraditya Scindia says India is pursuing a technology-neutral approach, with three providers licensed but still awaiting security clearance and spectrum rules. India’s communications minister has pushed back against claims that the country is favouring one company in the…
Hospitals broadly welcome the prospect of cheaper oncology medicines, but HCG warns that tighter margins could deter manufacturers from bringing patented and newer treatments to India. The Indian government’s move to cap trade margins at 30% on non-scheduled anti-cancer drugs…
India is securing access to lithium, copper, cobalt and rare earths abroad, but lengthy project timelines, volatile prices and tougher host-country rules mean overseas deals may take years to feed domestic industry. India’s bid to secure the minerals that underpin…
Industrial groups including INOX, Welspun, Ipca and Sun Pharma have outlined proposals across energy, pharmaceuticals, textiles and technology that could create about 14,375 jobs. Madhya Pradesh has drawn fresh investment proposals worth about ₹90,000 crore from a group of industrial…
India’s communications ministry has dismissed Elon Musk’s allegation of regulatory bias, saying Starlink is undergoing the same security and licensing process as other satellite operators. India’s government has rejected Elon Musk’s suggestion that “certain oligarchs” are holding up the launch…
Industrialist Naushad Forbes says the 1991 reforms transformed Indian business, but warns that rising non-tariff barriers, excessive regulation and weak private-sector R&D are holding back the next phase of growth. Naushad Forbes says the India his father faced in the…
The government-backed vehicle aims to help established small and medium enterprises expand, modernise and compete internationally as they outgrow conventional bank lending. India’s Union Cabinet has approved a ₹10,000 crore commitment for the SME Growth Fund, a government-backed vehicle designed…
Businesses with turnover of up to ₹5 crore that sell only to unregistered customers could file returns annually and pay GST quarterly under a proposed compliance overhaul. India’s GST Council has moved towards a simpler filing system for small businesses…
Corporate revenue growth is forecast to ease to 16%-16.5% in the September quarter, with strong passenger vehicle and commodity performance offset by weaker two-wheeler demand and margin pressure. India Inc’s revenue growth is expected to lose some pace in the…
The World Bank says India’s use of AI for monsoon forecasting, farming and healthcare shows how developing countries can adapt existing technology to solve practical problems at scale. India’s advances in artificial intelligence are offering lessons well beyond its borders,…
India’s GST Council has approved a major enforcement reset, removing tax officers’ power to arrest alleged offenders, raising the prosecution threshold fivefold and cutting the general penalty to Rs 10,000. India’s GST Council has moved to sharply curb the enforcement…
