April 23, 2026
Headlines
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India’s Engineering Exports Surge 13.81% in July Despite US Tariff Headwinds; US, UK, Germany Lead as Top Buyers

Business News Desk04 mins mins

India’s engineering export sector defied global trade turbulence in July 2025, posting a robust 13.81% year-on-year growth and crossing the $10 billion mark for the first time in the current fiscal. According to the Engineering Export Promotion Council (EEPC), engineering goods exports reached $10.43 billion in July, up from $9.16 billion in July 2024, driven…

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Trump Tariffs Unlikely to Trigger Major Job Losses, But Export Sector Faces Spillover Risks: CEA Nageswaran

Business News Desk04 mins mins

Chief Economic Adviser (CEA) V Anantha Nageswaran has downplayed fears of widespread job losses stemming from the recent 50% tariff hike imposed by the United States on Indian exports, stating that the impact will be “largely confined to export-oriented units” and is unlikely to be significant. However, he cautioned that the upcoming quarters could see…

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Piyush Goyal Urges India Inc to Break Free from Domestic Comfort Zone and Embrace Global Expansion

Business News Desk04 mins mins

Union Commerce and Industry Minister Piyush Goyal has issued a candid call to Indian businesses, urging them to step out of their “cosy comfort zone” created by the vast 1.4 billion-person domestic market and actively pursue global opportunities. Speaking at the India-UAE Business Interaction event organized by the Confederation of Indian Industry (CII) in Mumbai…

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Industry output grows fastest this fiscal at 3.5% in July, robust manufacturing aids

Business News Desk11435 mins mins

India’s industrial sector recorded its fastest pace of growth this fiscal year, expanding by 3.5% in July, driven primarily by a robust performance in the manufacturing segment. According to official data, manufacturing activity, supported by strong domestic demand, improving supply chains, and government-led infrastructure push, has become the backbone of industrial recovery. This growth momentum…

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India’s first Made-in-India chip will come from CG Semi’s semiconductor pilot line in Gujarat, says Ashwini Vaishnaw

Business News Desk06 mins mins

In a landmark development for India’s technology and electronics manufacturing sector, Union Minister Ashwini Vaishnaw announced that the country’s first Made-in-India semiconductor chip will roll out from CG Semi’s pilot line in Gujarat. This breakthrough marks a defining moment in India’s journey towards self-reliance in semiconductor manufacturing, a sector that is critical for everything from…

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NALCO clocks highest-ever net profit of Rs 5,325 crore for FY 2024-25

Business News Desk05 mins mins

National Aluminium Company Limited (NALCO), one of India’s largest public sector enterprises under the Ministry of Mines, has announced its highest-ever net profit of ₹5,325 crore for the financial year 2024-25, marking a significant milestone in its growth trajectory. This record-breaking performance reflects strong operational efficiency, favorable market conditions, and strategic expansion initiatives that have…

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UP Liquor Exports Set To Cross 1,000 Million Litres By 2026: Industry Body

Business News Desk05 mins mins

The liquor industry in Uttar Pradesh (UP) is gearing up for a historic milestone, with exports projected to cross 1,000 million litres by 2026, according to estimates from leading industry bodies. This achievement will not only cement UP’s position as one of the largest liquor-exporting states in India but also reflect the impact of progressive…

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The Indian Beverage Association (IBA) has urged the govt to tax aerated drinks at 18 per cent instead of 28 per cent

Business News Desk05 mins mins

The Indian Beverage Association (IBA) has called on the government to reduce the Goods and Services Tax (GST) on aerated beverages from the current 28% to 18%, arguing that the existing high tax rate is stifling growth in the beverage sector, harming allied industries, and hurting farmer incomes. The request comes ahead of upcoming budget…

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