The Federation of Indian Chambers of Commerce and Industry (FICCI) has strongly advocated for the creation of a dedicated electronics park in India as part of the upcoming Union Budget 2026-27. The proposal aims to accelerate India’s ambitions of becoming a global hub for electronics manufacturing, reduce import dependency, and strengthen the country’s position in…
India’s economic resilience and robust growth trajectory will ensure a steady inflow of overseas investments in the coming years, according to Reserve Bank of India (RBI) Governor Malhotra. Speaking at a financial summit, Malhotra emphasized that India’s strong fundamentals, expanding domestic demand, and structural reforms have positioned the country as one of the most attractive…
India’s leading local search engine and digital services company Just Dial has reported its Q3 earnings, which presented a mixed picture for investors and analysts. While certain segments showed resilience and growth, others reflected challenges in monetization and rising costs. As a result, Just Dial shares are in focus, with market participants closely evaluating the…
The World Bank has reaffirmed its forecast for India’s GDP growth at 6.5% in FY27, underscoring the country’s resilience amid global economic uncertainties. This projection highlights India’s strong domestic demand, robust investment climate, and structural reforms that continue to drive growth momentum. Despite challenges such as inflationary pressures, geopolitical tensions, and global trade disruptions, India…
India’s upcoming labour code reforms are expected to reshape the employment landscape, but global brokerage firm Jefferies has warned that these changes could have a significant impact on the country’s information technology (IT) sector, potentially eroding up to 20% of industry profits. The warning comes at a time when IT companies are already grappling with…
India’s fast-growing logistics and delivery services startup Shadowfax is set to make its debut on the public markets with an Initial Public Offering (IPO) next week, targeting a valuation of Rs 7,400 crore, according to sources familiar with the matter. The IPO is expected to be one of the most closely watched listings in India’s…
In a significant ruling that has drawn attention across India’s corporate and taxation circles, the Income Tax Appellate Tribunal (ITAT) has denied tax relief to Flipkart co-founder Binny Bansal, rejecting his claim of being a “non-resident” for tax purposes. The decision underscores the importance of residency rules in India’s taxation framework and highlights the growing…
India’s energy strategy continues to draw global attention as reports suggest that US sanctions on Russian oil are unlikely to deter India’s appetite for discounted crude. According to energy analytics firm Kpler, Indian imports of Russian oil may even pick up in January 2026, highlighting the country’s pragmatic approach to securing affordable energy supplies amid…
India’s fiscal performance continues to show resilience as net direct tax collections for FY26 have recorded a robust growth of 8.82%, reaching Rs 18.38 lakh crore by January 11, 2026. The figures highlight the strength of the country’s tax administration, improved compliance, and the buoyancy of the economy despite global uncertainties. Background of Direct Tax…
Veteran investor and Motilal Oswal Financial Services chairman Raamdeo Agrawal has underlined the growing attractiveness of public sector banks (PSU banks), emphasizing that strong domestic demand and robust earnings will be the real drivers of foreign institutional investor (FII) inflows into India. Speaking on the current market dynamics, Agrawal noted that valuations alone will not…
