India’s PM E-DRIVE programme, having supported over 26.5 lakh EV sales, is extended until March 2028 with a boosted funding of ₹11,900 crore to bolster EV adoption, charging networks, and domestic manufacturing. India’s PM E-DRIVE programme has supported 26.59 lakh…
India has extended key export-support schemes amidst ongoing disruptions in West Asia, aiming to shield businesses from rising costs and logistical uncertainties, with measures now lasting into late 2026. India has extended two export-support measures as officials seek to shield…
India experienced its highest electricity shortfall in over three years in September, driven by increased demand, hot weather, and reduced hydropower, prompting government intervention to stabilise the grid. India recorded its steepest electricity shortage in more than three years in…
The launch of Ultravolt by Aditya Birla Group, backed by a Rs 1,800 crore investment, is shaking up India’s wires and cables sector, challenging established players with its extensive distribution network and ambitious growth plans. Aditya Birla Group’s entry into…
India’s labour market demonstrated renewed strength in August, with increased participation and a dip in unemployment, driven by growth in informal and formal sectors amid ongoing economic recovery. India’s labour market showed fresh signs of resilience in August, with participation…
India and Bulgaria are intensifying their efforts to secure an early India-EU free trade agreement, aiming to boost economic cooperation amidst broader strategic collaborations in trade, technology, and defence. India and Bulgaria have renewed their push for an early India-EU…
Growing Chinese imports and seasonal stocking are pushing up container shipping rates along China-India routes, as vessel capacity tightens and demand accelerates, signalling a disruptive shift in regional trade dynamics. India’s appetite for Chinese goods is keeping pressure on container…
With a fresh government initiative supporting domestic mobile brands amid a largely Chinese-controlled market, India aims to forge a new wave of homegrown smartphone champions, but challenges rooted in innovation and brand recognition remain significant. India’s long effort to build…
India’s Union Cabinet approves a ₹1.86 lakh crore scheme to expand intra-state power lines and add 50 GWh of battery storage, aiming to accelerate the country’s clean energy transition and address grid bottlenecks. India’s Union Cabinet has approved the third…
Factories in India increased employment at a record pace in FY25, even as gross fixed capital formation declined for the first time since the pandemic, highlighting a labour-driven recovery with subdued new capacity expansion. Indian registered factories cut back on…
NaBFID has raised $750 million in its first US dollar bond, marking a pivotal move in diversifying India’s infrastructure funding sources and opening the door to increased international investor participation. NaBFID has raised $750 million in its first US dollar…
Despite India’s rapid financial formalisation, the insurance industry struggles with low penetration, rising costs, and limited consumer trust, according to a McKinsey report highlighting the need for more relevant and accessible products. India’s insurance market is still falling short of…
