India’s recent GDP data reveals robust 7.8% growth in the April-June quarter, driven by broad-based strength across manufacturing and services sectors, despite geopolitical tensions and external pressures. India’s economy grew 7.8% in real terms in the April-June quarter of FY2026-27,…
The Goa assembly concludes its session with significant bills passed amid opposition concerns, highlighting government focus on infrastructure and education ahead of upcoming elections. Chief Minister Pramod Sawant used the close of Goa’s three-day Assembly session to argue that his…
The Reserve Bank of India has prematurely closed its concessional swap scheme after a surge in dollars drawn in by banks, highlighting shifts in foreign currency inflows and a muted impact on the rupee compared to 2013. The Reserve Bank…
India aims to reach 100 gigawatts of nuclear capacity by 2047 but is confronted with significant challenges including financing restrictions and a shortage of skilled personnel, which could determine the realisation of its ambitious nuclear expansion plans. India’s push to…
Reserve Bank of India Deputy Governor Shirish Murmu highlights the pivotal role of non-banking financial companies in expanding formal credit through digital infrastructure, while emphasizing the need for responsible governance and innovative risk management. At a time when lenders are…
A new study reveals that basic operational improvements in India’s auto-component sector could release up to Rs 39,000 crore in working capital, addressing excess inventory and boosting capacity utilisation amidst sector challenges. India’s auto-component suppliers are sitting on about Rs…
Maharashtra plans to implement a standardised budget accounting framework from April 2027, aiming to make public spending clearer, comparable, and easier to audit, aligning with national reforms and improving fiscal oversight. Maharashtra will shift to a standardised budget accounting framework…
Maharashtra continues its dominance in India’s data centre sector with over $300 billion in investment interest, aiming to reach 5.7 gigawatts capacity by 2032 amid expanding digital and AI ecosystems, supported by large-scale urban and infrastructure projects. Maharashtra has drawn…
Genesys CEO Tony Bates announces ongoing investments in India, emphasising growth in AI-driven customer service and a new strategic approach to BPO as the company strengthens its regional presence. Genesys chief executive Tony Bates said the customer-experience software company plans…
Lux Industries’ stock soared following the securing of exclusive Reebok Indian rights, signalling a potential shift towards premium branding despite flat revenues and ongoing restructuring challenges. Lux Industries has become a sharper watch in the innerwear space after a steep…
Japan’s Credit Rating Agency has upgraded India’s sovereign rating to A-, recognising the country’s strong growth, fiscal reforms, and resilient financial system, marking its return to the A category after over three decades. Japan’s Credit Rating Agency has lifted India’s…
The Karnataka government has approved over ₹29,000 crore in new and expanded industrial projects, aiming to generate more than 66,000 jobs and diversify economic growth beyond Bengaluru, with increased scrutiny on project approvals. Karnataka has cleared investment proposals worth ₹29,679.20…
