As India aims to become a developed nation by 2047, history underscores the importance of strategic planning, economic reforms, and social trust in turning aspirations into tangible progress. At midnight on 15 August 1947, Jawaharlal Nehru described India’s freedom as…
The Reserve Bank of India withdrew a $50 billion foreign-exchange swap scheme just weeks after launching it, raising concerns over the clarity and strategic planning of its currency stabilisation measures during a period of economic uncertainty. India’s central bank has…
The Indian Council of Agricultural Research has enhanced its startup incubation initiative with SHITIJ 2.0, offering targeted mentoring and support to early-stage agri-businesses focused on plant health and precision agriculture, aiming to bridge the gap between prototypes and commercialisation. The…
Prime Minister Narendra Modi highlights India’s rapid economic progress, contrasting its past vulnerability as part of the ‘Fragile Five’ with today’s status as a key global economy, after overtaking Japan as the world’s fourth-largest. Prime Minister Narendra Modi used his…
India’s primary market prepares for a hectic week with eight IPOs, including major offerings from Blackstone-backed Horizon Industrial Parks and prominent jewellery firms, signalling a vibrant period for investors and industry watchers alike. India’s primary market is heading into a…
Maharashtra’s ambitious plan to transform its power sector with record-breaking renewable capacity faces hurdles in financing, land acquisition and regulatory reforms, risking delays in India’s clean energy push. Maharashtra is betting that its next phase of growth will be shaped…
The Directorate of Revenue Intelligence has unearthed a significant duty fraud involving areca nuts falsely claimed to originate from Bangladesh, revealing a complex scam with potential losses exceeding Rs 2,500 crore and highlighting intensified customs scrutiny on misdeclared agricultural imports.…
India’s listed companies began the financial year with strong sales gains across sectors, driven by resilient domestic demand despite rising costs, signalling a robust outlook for the economy. India’s listed corporate sector delivered a solid start to the financial year,…
OpenAI projects up to $14 billion in losses by 2026 despite aiming for $100 billion annual revenue by 2029, as the industry grapples with unsustainable costs and subsidised growth strategies. The cheapness of modern AI subscriptions can make the economics…
Distressed homebuyers of Unitech Ltd are pressing for a swift rescue plan amid concerns over vacant leadership, funding gaps, and prolonged delays in delivering homes, as courts and authorities face mounting pressure to act. Distressed homebuyers of Unitech Ltd are…
India’s economy ended the week with robust tax and export growth, but persistent inflation and rising debt levels pose ongoing challenges, as policymakers chart their long-term growth strategy. India’s economy ended the week with a mixed signal: tax receipts and…
The White House’s allegations of Chinese goods rerouted through third countries, including India, risk escalating trade tensions and disrupting India’s manufacturing ambitions amid US tariffs and investigations. The White House’s latest attack on transshipment has put India back in Washington’s…
