Maharashtra plans to implement a standardised budget accounting framework from April 2027, aiming to make public spending clearer, comparable, and easier to audit, aligning with national reforms and improving fiscal oversight. Maharashtra will shift to a standardised budget accounting framework…
Maharashtra continues its dominance in India’s data centre sector with over $300 billion in investment interest, aiming to reach 5.7 gigawatts capacity by 2032 amid expanding digital and AI ecosystems, supported by large-scale urban and infrastructure projects. Maharashtra has drawn…
Genesys CEO Tony Bates announces ongoing investments in India, emphasising growth in AI-driven customer service and a new strategic approach to BPO as the company strengthens its regional presence. Genesys chief executive Tony Bates said the customer-experience software company plans…
Lux Industries’ stock soared following the securing of exclusive Reebok Indian rights, signalling a potential shift towards premium branding despite flat revenues and ongoing restructuring challenges. Lux Industries has become a sharper watch in the innerwear space after a steep…
Japan’s Credit Rating Agency has upgraded India’s sovereign rating to A-, recognising the country’s strong growth, fiscal reforms, and resilient financial system, marking its return to the A category after over three decades. Japan’s Credit Rating Agency has lifted India’s…
The Karnataka government has approved over ₹29,000 crore in new and expanded industrial projects, aiming to generate more than 66,000 jobs and diversify economic growth beyond Bengaluru, with increased scrutiny on project approvals. Karnataka has cleared investment proposals worth ₹29,679.20…
India and the European Union are advancing their economic partnership into strategic technology sectors, emphasizing critical minerals, fintech, and AI to secure future growth and supply chain resilience, according to reports. India and the European Union are pushing to widen…
India’s government remains divided over regulations for imported second-hand medical devices, balancing improved healthcare access against safety risks as demand surges in small hospitals and Tier-II cities. India’s long-running debate over refurbished medical device imports remains unresolved, with officials still…
Private nuclear power developers in India are advocating for their sector to be recognised as green to access new financing opportunities, as policy reforms seek to expand nuclear capacity and private participation. Private nuclear power developers in India are pressing…
India’s Congress party challenges the government’s latest GDP data, arguing that revisions and statistical tricks mask a weaker economic reality amidst claims of rapid expansion. Congress on Wednesday sharpened its attack on Narendra Modi’s government over India’s latest growth figures,…
India’s statistics ministry has defended its revised first-quarter GDP figures, emphasising that methodological changes, including a shift to a new base year, do not artificially inflate growth data amid reports of potential manipulation. India’s statistics ministry has rejected claims that…
Tata Consultancy Services secures a major five-year deal with Best Buy to manage its Bengaluru global capability centre, signalling a shift towards greater outsourcing of core digital operations and AI services in the retail sector. Tata Consultancy Services has won…
