India’s Department of Pharmaceuticals unveils a Rs 50 crore funding scheme to support early-stage biotech and pharma start-ups, aiming to bridge the critical financing gap in high-risk drug research and enhance the country’s innovation landscape. India’s pharmaceuticals ministry is opening…
Gold and silver prices in India declined at the start of October, reflecting global policy uncertainties and a wider market correction after recent strength, with domestic rates closely linked to global movements and US economic data. Gold prices in India…
A surge in foreign-currency deposits has led the Reserve Bank of India to consider a more hawkish stance, raising questions about managing excess liquidity, inflation risks, and currency stability amid rising global borrowing costs. India’s unexpected dollar windfall is pushing…
India’s fiscal deficit for April to August widened to ₹7.10 lakh crore, driven by increased capital expenditure and subsidy payments, raising concerns over fiscal targets amid mixed revenue performance. India’s fiscal deficit widened in the first five months of the…
Piyush Goyal and Jamieson Greer met in Milwaukee as India and the US push forward on a bilateral trade pact, aiming for a balanced and mutually beneficial arrangement amid ongoing negotiations. Piyush Goyal met the US trade representative, Jamieson Greer,…
While the recent Trump-Xi meeting eased immediate tensions, India faces complex strategic shifts as the evolving US-China dynamic impacts regional alliances, border provocations, and domestic political risks. The recent Trump-Xi summit may have eased some of the immediate pressure in…
Odisha has established a Chief Minister’s Economic Advisory Council, comprising experts across sectors, to guide its ambitious plan of reaching a $1.5 trillion economy by 2047, drawing parallels with similar panels in other states and emphasising a focus on innovative…
A twelve-year journey since the launch of Make in India has transformed India’s defence sector, with exports reaching a record ₹38,424 crore in 2025-26 and a burgeoning domestic industry now capable of producing a wide range of military hardware, though…
The enactment of the Promotion and Regulation of Online Gaming Act, 2025, marks a significant move towards centralised regulation of India’s increasingly borderless digital gambling market, challenging existing state-centric frameworks. India’s gambling laws have long been a patchwork of colonial-era…
India’s central government fiscal deficit has reached Rs 7.1 lakh crore in the first five months of FY26-27, signalling mounting fiscal pressures as expenditure outpaces receipts, raising concerns of overshooting the budget estimate for the year. India’s central government fiscal…
India’s Union Cabinet approves a ₹1.86 lakh crore plan to bolster the power grid and integrate large-scale battery storage, aiming to support the country’s ambitious renewable energy targets and ensure a reliable clean energy future. India’s Union Cabinet has approved…
India’s private investment activity is gaining momentum with an 18% rise in project loan sanctions, yet the overall credit growth remains subdued due to limited broad-based borrowing, highlighting cautious optimism amid infrastructural and regional developments. India’s private investment cycle is…
