The Reserve Bank of India faces a delicate balancing act as mounting inflation pressures and a hawkish global environment push policymakers toward potential rate increases, with markets already pricing in further tightening amid economic resilience and inflation risks. The Reserve…
India’s GST Council is reviewing proposals to remove tax officers’ arrest powers, aiming to ease enforcement concerns and create a more business-friendly tax environment amid ongoing reforms. India’s Goods and Services Tax regime may be heading for one of its…
India remains steadfast in its decision to buy Russian crude oil despite mounting US pressure and existing sanctions, highlighting its strategic focus on energy security and balanced foreign policy amidst evolving global tensions. India will continue buying Russian crude despite…
Niti Aayog’s Rajiv Gauba advocates for targeted, risk-based regulation to sustain India’s rapid growth and realisation of Viksit Bharat by 2047, emphasising the need for better coordination and deregulation amid a complex geopolitical environment. India needs a sharper move towards…
India and Russia strengthen economic ties with plans to increase bilateral trade and facilitate the transfer of 70,000 Indian skilled workers this year, amid ongoing diplomatic efforts on Ukraine and energy diversification. S. Jaishankar told a parliamentary consultative committee on…
Chief Minister N. Chandrababu Naidu announces a ₹500 crore Pan-IIT venture fund and a council to foster innovation, research, and industry linkages in Andhra Pradesh’s quest to emerge as a national technology hub, with a focus on quantum computing and…
Tata Consultancy Services is set to acquire and restructure Best Buy’s global capability centre in India into an AI-native hub, highlighting a broader trend among Indian IT firms towards specialised innovation centres to meet client demands for AI-driven efficiencies. Tata…
Officials in Delhi are assessing whether the recent India-UK trade pact will reduce import tariffs on premium Scotch whisky, potentially lowering prices by up to 15%, though other costs may limit the impact. Premium Scotch whisky may soon cost less…
Jio Platforms is poised for a historic IPO, signalling its transformation from a telecom giant to a comprehensive digital and AI-driven platform, with a valuation project that could surpass previous Indian listings. Jio Platforms is moving closer to what could…
India’s thermal coal stocks have plummeted by 66% since April, sparking urgent concerns over energy security as power plants struggle to rebuild inventories amidst rising demand and logistics challenges ahead of next summer. India’s coal stockpiles at domestic coal-fired power…
Uneven monsoon rainfall and supply-side disruptions threaten rural household incomes in India this year, with experts suggesting the government may need to bolster support through the PM-KISAN scheme to safeguard farmers’ livelihoods amid potential production setbacks. Rural household incomes in…
Indian Oil Corporation Limited and MCPI Private Limited have signed a joint venture to develop a ₹5,000 crore integrated polyester manufacturing complex in Bhadrak, Odisha, marking a significant expansion into higher-value petrochemicals and synthetic fibres. Indian Oil Corporation Limited and…
