Bharat Forge kicks off fiscal 2027 with robust revenue growth and a surge in defence orders, signalling a shift towards higher-margin markets despite facing operational headwinds and margins fluctuations. Bharat Forge reported a solid start to fiscal 2027, with standalone…
The Reserve Bank of India’s newly introduced dollar-rupee swap facility for banks is boosting foreign currency inflows but creates a lag in reserve accumulation, coinciding with a liquidity oversupply in the banking system. The Reserve Bank of India’s special swap…
India maintains sufficient wheat and rice reserves to meet domestic demand and support exports, despite climate pressures and global trade disruptions, as the government amplifies its focus on self-reliance and contingency planning. India has enough wheat and rice in reserve…
The Indian central government introduces a bill to limit states’ powers to levy taxes on mineral rights, aiming to streamline regulation and attract investment amidst ongoing legal disputes. The Indian government has moved to tighten central control over the mining…
Hitachi Energy India reports a surge in order backlog, propelled by expansion in transmission, renewables, and data centres, signalling a transformative phase in the country’s power infrastructure growth. Hitachi Energy India is seeing demand widen across the power ecosystem, with…
India’s consumer goods industry is set for a stronger festive season driven by increased demand, but rising costs and fierce competition present ongoing challenges for companies aiming to maintain margins and innovate at pace. India’s consumer sector is heading into…
Major Indian fast-moving consumer goods companies are set to raise prices selectively from September as persistent inflation and high input costs threaten margins, impacting everyday essentials like biscuits, soap, and edible oils. Indian fast-moving consumer goods companies are preparing another…
India’s Ministry of Defence has clarified that private defence firms involved in government schemes will receive full reimbursement of the 18% GST charged on research and development grants, easing financial pressures for start-ups and MSMEs under the Innovation for Defence…
Mahindra Group appoints Amit Sinha to lead its newly formed Holidays and Lifespaces division, aiming to leverage synergies as both sectors experience rapid expansion and integration. Mahindra Group has appointed Amit Sinha to lead its newly carved-out holidays and lifespaces…
Despite international crude prices soaring to nearly double, India’s petrol and diesel rates stay uncut, with the government citing market conditions and regional taxes as key factors behind the steady retail prices, causing financial strain on state-owned oil companies. India’s…
