New Delhi has given in-principle approval for one of its largest recent arms procurement packages, with 82% of the planned spending earmarked for Indian industry. India has approved a broad new round of defence procurement worth about Rs2.12tn, or $22.29bn,…
IndianOil is calling for technology partnerships, joint ventures and time-bound projects with US companies as India seeks to build a more resilient and globally competitive speciality chemicals sector. IndianOil Corporation is pushing for a closer India-US partnership in speciality chemicals,…
Indian authorities may apply the full 150% duty to bulk Scotch imports, putting at risk a key market-access benefit that was meant to cut the tariff to 75%. India’s scrutiny of bulk Scotch whisky imports is putting pressure on one…
New proposals would simplify clearance procedures for investments involving up to 10% ownership from land-bordering countries, while preserving scrutiny of control, beneficial ownership and sensitive sectors. India is preparing a further easing of its foreign investment rules for companies linked…
Goa’s 2025 water and air pollution rules extend consent periods, introduce auto-renewals and Tatkal clearances, and ease compliance for smaller businesses while expanding oversight tools. Goa has moved to overhaul its pollution-control framework with a new set of Water and…
RBI deputy governor Poonam Gupta says structural reforms and stronger domestic foundations have kept India growing above 7% despite global headwinds. Reserve Bank of India deputy governor Poonam Gupta said India’s economy would probably have expanded by more than 8…
Trade barriers are prompting Indian companies to invest in advanced manufacturing, pharmaceuticals, clean energy, technology and brands that can compete beyond price. Donald Trump’s tariff offensive may be producing an unintended result: it is pushing Indian business to adapt faster…
India’s average imported crude price has climbed above $120 a barrel, with higher shipping and insurance costs intensifying pressure on the import bill, rupee and fuel retailers. India’s crude import basket climbed to its highest level in 14 years in…
NITI Aayog’s new evaluation framework urges states to test whether proposed data centres can withstand rising AI workloads, resource constraints and climate pressures for decades to come. India’s push into AI-era data centres will be judged less by how much…
India is advancing negotiations across multiple regions, with a free trade agreement with Chile nearing completion, Canada talks progressing and new discussions opening across Africa and South America. India is moving ahead on a widening set of trade negotiations, with…
Economists say India must shift towards labour-intensive manufacturing, better skills and stronger worker protections as machinery-led growth and AI threaten to weaken job creation. India must shift towards more labour-intensive growth if it is to create enough jobs for a…
India is seeking preferential access to the US market as negotiations enter a detailed phase, while New Delhi advances trade talks with partners across Latin America, Africa and the Gulf. India’s commerce and industry minister, Piyush Goyal, said the proposed…
