The Aeronautical Development Agency updates the development phase financial terms of India’s stealth fighter programme, replacing LIBOR with the State Bank of India’s MCLR, aligning contracts with current banking practices and enhancing legal clarity. The Aeronautical Development Agency has updated…
India’s defence sector has seen a significant shift towards greater self-reliance over the past decade, marked by soaring budgets, increased indigenous production, and a surge in exports, driven by reforms and strategic policy changes. India’s defence sector has moved steadily…
India’s listed REITs have expanded significantly over the past year, managing over ₹3.17 lakh crore in assets and nearly doubling investor payouts in the first quarter of FY 2026-27, signalling a maturing commercial property market and growing investor interest. India’s…
India’s bond market and currency came under pressure on Tuesday amid rising crude oil prices, US Treasury yields, and a softening rupee, prompting central bank interventions to stabilise markets. Pressure returned to India’s bond market on Tuesday as a jump…
Some Indian banks are now offering attractive interest rates exceeding 8% on non-resident external fixed deposits, prompting NRIs to reassess their dollar and pound earnings with new opportunities for rupee-denominated returns. Non-resident Indians looking to park overseas earnings in India…
India’s Market Access Initiative receives a significant boost with new reforms, making international market entry more accessible for small and first-time exporters amid evolving government support frameworks worth over ₹4,500 crore. India’s Market Access Initiative has become a practical tool…
Businesses operating in India with foreign investors or cross-border transactions face increasing regulatory scrutiny as authorities emphasise ongoing compliance and digital record-keeping to avoid penalties and build investor confidence. For companies with foreign investors, overseas subsidiaries or cross-border funding, compliance…
India’s defence sector has experienced a remarkable rise in output and exports, underpinned by government reforms and increased private sector participation, aiming for further growth and global reach by 2029. India’s defence industry has posted another sharp rise in output…
Kerala’s Vizhinjam International Seaport begins full export-import operations, marking a significant shift from transshipment to a direct global cargo gateway, promising to boost local industries and logistics infrastructure. Vizhinjam International Seaport began full export-import operations on Tuesday, marking a move…
A Delhi tribunal has set aside a penalty of ₹3.74 lakh imposed on a salaried taxpayer who did not file a return on time for assessment year 2019-20, even though his salary income exceeded ₹30 lakh. According to the TV9…
While UPI accounts for over 85% of digital transactions in India, US businesses seeking to accept it face regulatory, infrastructural, and compliance challenges under recent RBI frameworks, marking a significant shift in cross-border commerce. A US company can accept UPI…
Colgate-Palmolive India is set to boost its advertising investments as it accelerates focus on premium toothpaste, a segment expanding six times faster than the overall market, with plans for deeper distribution and digital expansion. Colgate-Palmolive India is preparing to lift…
