The Indian government anticipates a sharp increase in claims under its auto PLI scheme, signalling accelerated investment and output as domestic manufacturers ramp up electric vehicle production and infrastructure initiatives. The government expects disbursement under India’s auto production-linked incentive scheme…
Apple is set to launch its contactless wallet service in India by October, marking a significant expansion, though integration with the dominant UPI system faces regulatory and strategic hurdles. Apple Pay is set to arrive in India by October, according…
Andhra Pradesh reports a remarkable 10.7% economic expansion in Q1, driven by agricultural, industrial, and service sector gains, amidst a drought backdrop and aggressive investment promotion. Andhra Pradesh’s economy expanded 10.7% in the first quarter of the current financial year,…
Despite El Niño-induced water shortages, Andhra Pradesh’s economy grew by over 10% in the second quarter of 2025-26, driven by strong performance across agriculture, industry, and services sectors, prompting government plans for continued resilience and growth. Andhra Pradesh said its…
The Indian state of Madhya Pradesh has designated five districts, Indore, Bhopal, Ujjain, Gwalior, and Narmadapuram, as export hubs in a strategic move to expand its overseas trade and integrate more micro, small, and medium enterprises into the international market.…
India’s direct tax revenues continue their upward trajectory, rising by over 23% year-on-year to ₹8.11 lakh crore by August 10, reflecting steady underlying momentum in tax inflows despite shifting refund patterns. India’s direct tax revenues continued to climb in the…
The Indian government is exploring a broader support framework aimed at boosting private sector uptake of electric buses and trucks, potentially transforming its climate and transportation goals. India’s government is weighing a fresh policy push to speed up the adoption…
Tamil Nadu’s inaugural budget under the Tamizhaga Vettri Kazhagam government charts a careful course between ambitious welfare schemes and rising debt, signalling both political resolve and fiscal challenges ahead. Tamil Nadu’s first budget under the Tamizhaga Vettri Kazhagam government arrives…
India’s flagship digital payment platform, UPI, transitions from free to charged transactions amid concerns over long-term viability and economic sustainability, prompting a debate on balancing inclusion and infrastructure funding. India’s zero-MDR experiment turned UPI from a policy instrument into a…
Indian travellers to Sri Lanka can now enjoy a 20% discount on local journeys paid via UPI, as PickMe integrates international mobile payments to enhance cross-border tourism experiences amid rising Indian visitor numbers. Indian travellers heading to Sri Lanka can…
