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New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
Chennai: Michelin, the France-headquartered tyre major, is positioning India as a strategic pillar in its global value chain. The company expects its Indian operations to move beyond catering to the domestic market to becoming a significant supplier of components for its worldwide production network."We want India to be a major supplier for our global supply chain. Today, we have a few countries that play that role for Michelin. Our ambition is for India to be among them," said Vitor Silva, pres ...Read More >
The Asian Development Bank (ADB) on Tuesday lowered its growth forecast for the current financial year by 20 basis points (bps) to 6.5 per cent, citing steep tariff hikes by the US that are expected to come into effect in the second half of FY26, thus affecting exports and manufacturing growth. "India faces the steepest tariff hikes among developing Asian economies, prompting a downgrade in its growth outlook. For FY2025 [ending on 31 March of the next year], growth is now projected at 6.5 per ...Read More >
New Delhi: Motilal Oswal Mutual Fund on Monday bought shares of forging and precision engineering firm Bharat Forge worth nearly Rs 378 crore through an open market transaction.According to the bulk deal available on the NSE, Motilal Oswal Mutual Fund (MF) purchased nearly 32 lakh equity shares, or 0.65 per cent stake, in Pune-based Bharat Forge. The shares were acquired at an average price of Rs 1,217.32 apiece, taking the transaction value to Rs 377.73 crore.Details of the sellers of Bharat F ...Read More >
Bhubaneswar : "Odisha is moving from promise to performance, from potential to prosperity," declared Hon'ble Chief Minister Shri Mohan Charan Majhi, while presiding over the Groundbreaking Ceremony of 27 Industrial Projects organized by the Government of Odisha in Bhubaneswar today. The landmark event marked a historic moment in Odisha's industrial journey, reaffirming the state's position as one of India's fastest-growing investment destinations. Together, the 27 projects represent investments ...Read More >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. Also Read | Is Huma Qureshi Engaged to Rumoured Boyfriend Rachit Singh? Engagement Buzz Heats Up After TIFF Debut - Here's Every ...Read More >
New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and opportunities ...Read More >
NewsVoir New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and o ...Read More >
KOCHI: In a significant push for the state's ambition to attract major investment projects, Bengaluru-based RCC Nutrafill will establish a food processing and life sciences products manufacturing facility at the KSIDC Industrial Park in Angamaly, Ernakulam. The H100-crore facility is slated to generate 500 direct and indirect jobs. RCC Nutrafill director Sai Devarajulu Prasad told TNIE, "The facility will include cold storage, warehousing, and R&D facilities along with the manufacturing of prod ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
Ahmedabad (Gujarat) [India], September 5 (ANI): Sardar Vallabhbhai Patel International (SVPI) Airport, Ahmedabad, now boasts of a state-of-the-art Integrated Cargo Terminal (ICT). This modern terminal with over 20,000 sq m of operational area and enhanced capacity to handle cargo up to 200,000 MT annually represents a significant step up in scale and efficiency, replacing the existing set-up with a capacity of 50,000 MT/year. Also Read | Prateik Smita Patil and Priya Banerjee Claim They Have F ...Read More >
Berhampur: The BJD's Ganjam district unit on Monday protested at Chhatrapur, alleging a short supply of fertilisers, especially urea, to the district during the current kharif season.Several former MLAs of the party took part in the protest, alleging that the farmers in the district were facing hardship due to the non-availability of urea. They took out a rally in the district headquarters town before demonstrating in front of the district collector's office. "Urea is essential at this time but ...Read More >
Bhubaneswar, Sep 1 (SocialNews.XYZ) The opposition Biju Janata Dal and the Congress on Monday targeted the Mohan Charan Majhi-led Odisha government over the alleged ongoing shortage of fertiliser across the state. Senior BJD leader and party vice president Atanu Sabyasachi Nayak on Monday alleged that the state government is misleading the farmers amidst the severe short-supply of fertilizer in the state. Addressing a press conference, Nayak also asserted that the BJP-led state government has ...Read More >
MUMBAI: Reliance Industries will more than double its Ebitda or operating profit by 2027, chairman Mukesh Ambani said, outlining the group's value creation roadmap that focuses on building new growth engines while strengthening existing businesses to ensure sustained, long-term value creation. Addressing shareholders at the company's 48th annual general meeting here Friday, he said 2027 will mark the 'golden decade' of the company when it turns 50. Ambani said that Reliance has already transfor ...Read More >
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var ...Read More >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment ...Read More >
A CRISIL Intelligence report indicates that increased US tariffs will significantly impact India's MSME sector, responsible for 45% of exports. Textiles, gems, jewellery, and chemicals are expected to be the hardest hit, with MSMEs holding substantial shares in these sectors. Surat's diamond exports will face challenges, while the steel sector is likely to experience minimal impact. The imposition of higher tariffs by the US will significantly impact the micro, small and medium enterprise secto ...Read More >
NEW DELHI, 20 August 2025: Dr Vinod K Paul, Member (Health), NITI Aayog today stated that rare diseases are estimated to collectively affect close to 90 million Indians, making them both a health and societal challenge. He emphasized that with only a fraction of the 7,000 rare diseases having approved therapies, indigenous manufacturing, stronger registries, and multi‑ministerial coordination must be prioritized. Addressing the National conference on 'Rare Diseases', organized by FICCI, jointly ...Read More >
New Delhi, Aug 14 (PTI) Inox Wind on Thursday said its consolidated net profit more than doubled to Rs 97.34 crore in the June quarter compared to the year-ago period, mainly due to higher revenues. It had posted a consolidated net profit of Rs 41.59 crore in the year-ago period, a BSE filing showed. Total income rose to Rs 862.56 crore during the quarter from Rs 654.64 crore in the same period a year ago. Its order execution during the quarter increased to 146 MW, with order book at 3.1 GW. ...Read More >
India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025. | Image: AI Generated India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, as imports grew faster than exports, according to data from the Commerce & Industry Ministry. Exports in July stood at USD 68.25 billion, rising from USD 65.31 billion in July 2024. Imports, however, gre ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi [India], August 14 (ANI): India overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry. The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion. On the other hand, im ...Read More >
New Delhi [India], August 14 (ANI): India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion.On the other hand, impo ...Read More >
Srinagar, Aug 14: Saifco Cements Pvt. Ltd, a subsidiary of JK Cement Ltd - one of the leading cement companies of India, today announced the launch of JK Super Cement brand in Kashmir, marking a significant milestone in the journey ahead. This move signals the operational rollout of JK Cement's recent acquisition in the region and aligns with its broader ambition to support infrastructure and economic growth in Jammu & Kashmir. JK Super Cement, the company's flagship grey cement brand known for ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many cl ...Read More >
New Delhi, Aug 14 (PTI) Chemicals maker Anupam Rasayan India Ltd has posted nearly four-fold jump in its consolidated net profit to Rs 48.45 crore for the first quarter of the 2025-26 fiscal on robust income. The company reported a net profit of Rs 12.21 crore in the year-ago period, according to a late-night regulatory filing. Total revenue increased sharply by 89 per cent to Rs 490.73 crore during the quarter ended June 2025 from Rs 260.26 crore in the year-ago period. Expenses also rose to ...Read More >
Thane, Aug 14 (PTI) A fire broke out at a cafe located in a multi-storey residential building in Maharashtra's Thane city early Thursday morning, following which 35 persons were evacuated from the structure, officials said. No casualty has been reported as of now, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. The blaze erupted in the Parsik Cafe located on the ground floor of the six-storey building at Kharegaon in Kalwa (West), he said. The disaster managemen ...Read More >
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks difficult, SBI Research said on Wednesday, adding that even a rate cut in December looks a tad difficult if growth numbers for Q1 and Q2 are taken into consideration. India's CPI inflation moderated to 98-month low of 1.55 per cent in July, compared to 2.10 per cent in June and 3.60 per cent in July, 2024. The July reading is marking the nint ...Read More >
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