The Odisha government and opposition clashes escalate as new mining laws aim to boost industry competitiveness but raise concerns over fiscal autonomy, sparking protests and political debates. Odisha’s ruling Bharatiya Janata Party has dismissed opposition warnings that a new mining…
Bhagwati Products, Micromax’s electronics arm, plans a Rs 1,015 crore expansion into display and precision moulding to bolster India’s local electronics supply chain amid broader growth ambitions and potential IPO plans. Bhagwati Products, the Micromax Informatics arm, is stepping deeper…
Reliance Industries and Rolls-Royce are teaming up to develop a sovereign combat engine for India’s Advanced Medium Combat Aircraft programme, marking a significant step towards domestic defence self-reliance amid shifting partnerships and an expanding Indian aerospace industry. Reliance Industries and…
Tracing over three decades of telecom liberalisation, India has transformed from a service of scarcity to a digital powerhouse, with Reliance Jio’s 2016 4G rollout accelerating market evolution and raising new industry questions. India’s telecom industry began liberalisation from a…
Resilient Asset Management BV, controlled by Paytm founder Vijay Shekhar Sharma, has proposed selling up to 4.98% of its stake in Paytm’s parent company, in a move that further unwinds previous structures tied to Chinese investment and reflects ongoing strategic…
BRICS countries are considering integrating their instant payment platforms and central bank digital currencies ahead of the 2026 summit, aiming to streamline cross-border transactions and reduce reliance on traditional payment rails. BRICS countries are exploring ways to link their instant…
Axis Bank has increased interest rates on foreign currency non-resident bank deposits exceeding $1 million to 6.40%, making it the top offering among large Indian private lenders following the RBI’s recent policy change. The move signals a competitive response as…
India’s NSE and BSE have launched new three-working-day securities lending and borrowing contracts aiming to boost liquidity, deepen market participation, and support the reformed closing auction mechanism amid evolving market dynamics. India’s stock exchanges have begun offering three-working-day securities lending…
The US alleges India is aiding Chinese exporters to evade tariffs, but evidence remains thin amid ongoing trade diplomacy and shifting supply chains. The Trump administration’s latest allegation that India is being used to reroute Chinese goods into the US…
UltraTech Cement’s chairman Kumar Mangalam Birla warns that escalating energy expenses could dampen India’s economic growth outlook in FY27, despite robust demand and ongoing expansion, amid geopolitical risk and inflation pressures. UltraTech Cement chairman Kumar Mangalam Birla has warned that…
