India’s foreign-exchange reserves have reached an all-time high of $729.33 billion, driven by continuous dollar inflows and central bank measures to stabilise the rupee, signalling strong external sector resilience. India’s foreign-exchange reserves have climbed to a record $729.33 billion, according…
The Congress party questions the validity of India’s 7.8% GDP rise in Q1, arguing it masks deeper economic issues such as weak private investment, rising unemployment, and unequal benefits, amid government claims of resilience. The Congress party on Monday questioned…
Despite sustained demand from power, defence, and data centres, the capital goods industry faces near-term challenges from rising costs and geopolitical disruptions, with select companies showing promising order growth. Capital goods companies are heading into the next phase of the…
Advait Energy Transitions is rapidly advancing into the green energy sector, with plans for a large-scale manufacturing facility and a booming order book, positioning itself as a key player in India’s green hydrogen market growth. Advait Energy Transitions is moving…
India’s banking sector ended August with a significant cash surplus of about Rs 5.05 lakh crore, driven by foreign currency deposit inflows and government expenditures, prompting RBI to use monetary tools to manage liquidity levels. India’s banking system ended August…
Indian Oil Corporation has increased LPG output by nearly 30% and exceeded normal refinery operations as tensions in the Strait of Hormuz threaten fuel supplies, demonstrating India’s efforts to mitigate supply disruptions amid geopolitical instability. Indian Oil Corporation said it…
India has unveiled Semicon 2.0, a ₹1.27 lakh crore scheme aimed at creating a self-reliant and resilient semiconductor ecosystem, spanning from design to manufacturing, to reduce dependence on imports and foster strategic technology development. India has formally launched Semicon 2.0,…
India’s state-owned utility NTPC is accelerating its long-term expansion to reach 244 gigawatts by 2037, integrating renewables, nuclear, and advanced storage amid a robust financial outlook and a Rs 16.86 lakh crore investment plan. NTPC is accelerating a long-term expansion…
India’s Department of Pharmaceuticals has reopened its Promotion of Research and Innovation in Pharma & MedTech scheme, offering increased funding and streamlined application tracks to accelerate homegrown innovation in medicines and medical devices. India’s Department of Pharmaceuticals has opened a…
Hindalco Industries is rapidly expanding its aluminium operations in Odisha as Adani Group announces a major ₹1.08 lakh crore greenfield project, escalating India’s metal rivalry with significant investments in downstream and renewable energy. Hindalco Industries is moving to shore up…
A joint report by the CII and IIM Ahmedabad highlights the urgent need for India to develop a transparent, reliable carbon-pricing system to maintain export viability as EU climate regulations, including CBAM, come into force. India needs a credible domestic…
India’s first-quarter housing sales see value growth driven by higher prices and premium home demand, even as overall volumes remain subdued across key urban centres. India’s housing market delivered a mixed performance in the first quarter, with higher prices helping…
