India plans a major reform to its nuclear industry by introducing regulations that allow private and foreign companies to participate, aiming to accelerate its nuclear capacity expansion and attract crucial investments amid increased scrutiny following recent cyber security concerns. India…
Prime Minister Narendra Modi unveils a comprehensive roadmap for India’s journey to Viksit Bharat by 2047, emphasising economic growth, technology, infrastructure, and social inclusion in his 80th Independence Day speech. Prime Minister Narendra Modi used his 80th Independence Day address…
India’s focus on domestic production in defence, agriculture, and energy aims to reduce reliance on global supply chains, enhancing resilience against international disruptions, experts say following Prime Minister Narendra Modi’s Independence Day address. India’s push towards greater self-reliance in defence,…
Prime Minister Narendra Modi’s speech on India’s 80th Independence Day highlights the nation’s rapid economic growth, technological ambitions, and strategic goal to enhance energy security and independence by 2047, signalling a decisive shift towards greater resilience and global stature. Narendra…
Foreign institutional investors increase their stake in Indian shares for the third consecutive week amid a backdrop of rising crude prices and global tensions, but domestic investors continue to dominate market dynamics, raising questions about the sustainability of the recent…
Small and mid-sized Indian cities now account for over half of forex demand, signalling a significant shift in outbound travel and currency exchange patterns amid rising digital adoption. India’s foreign exchange market is no longer being shaped mainly by the…
Yes Bank has received key regulatory approvals to proceed with a $850 million (Rs 8,100 crore) offshore bond offering through GIFT City, expanding its international funding options amid continued use of offshore markets by Indian lenders. YES Bank has cleared…
India has prematurely closed a foreign-currency deposit scheme, attracting over $56 billion chiefly from Gulf-based non-resident Indians, signalling a surge in expatriate savings greasing the country’s external accounts amidst supportive central bank policies. India has closed a special foreign-currency deposit…
Experts highlight significant progress in India’s defence industry, potential for millet exports, and a push for diversified energy sources as key to achieving greater self-reliance amid strategic policy shifts. India’s path to greater self-reliance will depend on gains in defence…
The Indian Income Tax Department launches the FAST-DS scheme, allowing smaller taxpayers to regularise undisclosed foreign wealth with a one-time amnesty before tougher penalties and enforcement tighten in 2026. India’s Income Tax Department has opened a short-term route for certain…
India has cut its windfall taxes on petrol, diesel and aviation turbine fuel exports, reflecting ongoing adjustments amid fluctuating global crude prices and geopolitical tensions, marking a significant shift in its energy export policy. India cut its windfall tax on…
India’s merchandise exports reached a new high for July at $44.24 billion amid strong engineering, petroleum, and electronics shipments. However, the trade deficit expanded as import growth outpaced exports, highlighting ongoing challenges in global demand and logistics costs. India’s goods…
