India is intensifying efforts to expand its rice exports to the Philippines, the world’s largest importer of the grain, in a strategic push to tap into a high-demand market and offset recent global trade disruptions. With a delegation of top Indian exporters set to visit the Southeast Asian nation in early September, the move signals…
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…
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…
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…
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…
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…
In a move that has sent shockwaves across global trade corridors, former US President Donald Trump’s administration has rolled out 50% tariffs on imports, impacting India’s export-driven industries. The tariffs, part of Trump’s aggressive trade stance aimed at “reshoring American manufacturing,” are already beginning to reshape global supply chains. India, one of the key trade…
In a significant development for the Indian healthcare sector, Dr Agarwal’s Eye Hospital shares nosedived by nearly 18% after the company’s board approved its merger with Dr Agarwal’s Healthcare. The decision, which is seen as a step towards organizational restructuring and consolidation, has sparked mixed reactions in the stock market, with investors showing concern over…
India’s financial technology sector is witnessing a historic milestone as the Securities and Exchange Board of India (SEBI) has cleared Groww’s Initial Public Offering (IPO), paving the way for what could become one of the country’s biggest fintech listings. The Bengaluru-based investment platform, which has transformed the way Indians invest in mutual funds and equities,…
The JSW Group, one of India’s largest conglomerates with interests in steel, energy, cement, and infrastructure, is preparing to strengthen its electric vehicle (EV) business by venturing into auto parts manufacturing, according to industry reports. This move is seen as part of JSW’s larger strategy to establish itself as a strong player in India’s evolving…
