Vikram Solar reports a 38% jump in revenue for the June quarter, but a sharp decline in margins and profits due to rising production costs highlights the volatility in solar manufacturing economics. Vikram Solar said its consolidated revenue rose sharply…
India’s subsidy bill for imported urea has surged by 128.4% in 2025-26, reflecting the impact of global market disruptions, currency pressures, and supply chain challenges on farm input costs. India’s subsidy bill for imported urea has jumped sharply, highlighting how…
India experiences record-breaking heatwaves and surging electricity consumption as it relies heavily on coal, despite rapid solar expansion hampered by transmission and pollution issues, raising questions about its climate commitments and energy resilience. India’s summer of 2026 has underlined a…
The Reserve Bank of India has announced a comprehensive overhaul of its capital framework for commercial banks’ derivative trading, incorporating Basel III standards with phased implementation from April 2027. The Reserve Bank of India has moved to overhaul how commercial…
The Reserve Bank of India has introduced a short-term measure allowing commercial banks to exclude certain foreign currency-backed advances from their credit calculations, easing compliance amid rising overseas fund mobilisation efforts. The Reserve Bank of India has given commercial banks…
A new white paper by FICCI and DUA Consulting highlights that India’s medical device industry could reach $250 billion by 2047, emphasising the importance of robust servicing, maintenance, and lifecycle management to sustain the growth and ensure equipment reliability. India’s…
After four months of selling, foreign investors in July renewed their interest in Indian stocks, favouring sectors linked to domestic demand such as consumer durables, healthcare, and Information Technology, driven by improving economic outlook and valuations. Foreign portfolio investors stepped…
India’s foreign exchange reserves jumped by $10.5 billion to $692.87 billion in a week, marking the biggest weekly increase since January, driven by currency asset strength and gold revaluation amid global dollar weakness. India’s foreign exchange reserves climbed by $10.51…
The Indian financial sector experienced a significant week of senior-level movements, with multiple high-profile appointments across regulators, exchanges, and financial institutions, signalling a rapid shift in leadership across the industry. India’s financial services sector saw another week of senior-level movement,…
India’s direct-to-consumer market is shifting beyond website-first models to embrace omnichannel retail, as the first D2CX Runway accelerator showcases the growth and maturation of early-stage consumer brands amid rising competition and investor interest. Inc42 and Rukam Capital have brought together…
