India’s pivot from tariff protection to deepening global supply chain links underscores new trade hurdles. While agreements with key nations open opportunities, non-tariff barriers and compliance costs threaten to limit actual gains for small businesses, signalling a complex transition in…
Chennai-based startup Vikra Ocean Tech is developing domestically manufactured underwater systems to replace imports, with promising funding and government support signalling a potential shift in India’s marine technology capabilities. Vikra Ocean Tech, a Chennai-based marine robotics company, is trying to…
Tamil Nadu’s first budget under M.K. Stalin’s government balances welfare schemes with tighter fiscal management, relying on enforcement and digitisation to boost revenue without new taxes, amid political and debt concerns. Tamil Nadu’s first budget under M.K. Stalin’s government is…
India has proposed extending a 15-year tax exemption for foreign companies selling rough diamonds in special notified zones, aiming to attract international sellers and bolster its position as a global diamond trading and manufacturing centre. India has moved to widen…
Microsoft is making its largest Asian investment to date, with a $21 billion push into India to enhance cloud, AI, and skills training, including the development of a new hyperscale data centre in Hyderabad by mid-2026. Microsoft is deepening its…
India’s office leasing market is diversifying in 2026, with Pune emerging as a key hub and global capability centres driving record demand across smaller cities, signalling a shift towards a more balanced and talent-driven growth phase. India’s office market is…
India’s state-run oil refiners are expanding their oil sourcing beyond the Middle East, turning to West Africa, Nigeria, and other regions to ensure reliable supplies amidst regional tensions and logistical adjustments. India’s state-run refiners are widening their search for crude…
India’s parliamentary committee calls for swift progress on a bilateral trade agreement with the United States, highlighting the need for safeguards against tariff shifts and stronger cooperation in critical sectors to meet economic targets by 2030. A parliamentary committee has…
Indian equities posted modest gains after the Reserve Bank of India maintained interest rates, signalling confidence in domestic demand despite global uncertainties and volatile trading conditions. Indian equities ended with modest gains on Wednesday after the Reserve Bank of India…
Commerzbank argues that the Reserve Bank of India’s decision to keep rates unchanged provides only short-term relief for the rupee, as deeper economic pressures and a strong US dollar continue to weigh on the currency’s stability. Commerzbank says the Reserve…
