Electronics Exports Set to Surpass ₹3 Lakh Crore for the First Time Apple accounts for 43% of total electronics exports and 70% of total smartphone exports. Ahmedabad: India’s electronics exports are poised to exceed ₹3 lakh crore for the first time in the financial year…
Category: Business
Sensex Gains 32 Points, Nifty Closes at 23,668 for 7th Straight Day of Growth
Stock Market Closes Higher for the Seventh Consecutive Day: Sensex Gains 32 Points to Close at 78,017; Zomato and IndusInd Bank Shares Fall 5% On Tuesday, March 25, the stock market closed higher for the seventh consecutive trading session. The Sensex ended at 78,017, up…
US Tariff on Venezuelan Crude Poses New Challenge for India’s Oil Imports
India’s oil import diversification strategy faces a fresh hurdle as the US threatens to impose a 25% “secondary tariff” on countries, including India and China, that import Venezuelan crude. The announcement, made by US President Donald Trump late Monday, is set to take effect from…
Parliamentary Panel Urges Government to Extend PLI Scheme, Expand Scope, and Reduce Bureaucratic Hurdles
A Parliamentary Standing Committee on Commerce has recommended that the Indian government extend the tenure of the Production Linked Incentive (PLI) scheme and expand its coverage to include additional high-employment sectors such as chemicals, leather, apparel, toys, jewellery, and handicrafts. The committee believes that extending…
MSME Loan Portfolio Expands Rapidly, Reaching ₹64.1 Lakh Crore in FY 2024
Significant Growth in Loans for Self-Employed Individuals and Microfinance Sector Mixed Trends in Portfolio Quality: Improvement for Self-Employed, Challenges for MSME Entities The financial year 2024 saw significant growth in the Micro, Small, and Medium Enterprises (MSME) loan portfolio, reflecting increased credit availability for small…
India’s Oil Import Dependency Set to Reach New High in FY25 Amid Rising Demand and Stagnant Domestic Production
India’s reliance on imported crude oil is projected to reach a new high in the fiscal year 2024-25 (FY25), driven by escalating domestic demand and stagnant local production. In the first 11 months of FY25, the country’s import dependency exceeded 88%, surpassing the previous fiscal…
India-EU FTA Talks: Progress on Dispute Settlement, Stalemate on Rules of Origin
In the ongoing negotiations for a Free Trade Agreement (FTA) between India and the European Union (EU), significant developments have emerged. Both parties have made considerable progress in establishing norms for dispute settlement mechanisms within the agreement. However, discussions concerning the rules of origin, which…
Air India & Air New Zealand Plan Direct Flights Between India and New Zealand by 2028-End
In a significant development for global air travel, Air India and Air New Zealand are in discussions to establish direct flights between India and New Zealand by the end of 2028. This move aims to enhance connectivity between the two nations, benefiting both business and…
India Expands Global Railway Footprint, Exporting Equipment to Europe, Australia, and Saudi Arabia: Ashwini Vaishnaw
India has emerged as a key player in the global railway sector, successfully exporting metro coaches, railway bogies, and propulsion systems to various countries, including Europe, Australia, and Saudi Arabia. Union Railways Minister Ashwini Vaishnaw recently announced these milestones, underscoring India’s increasing dominance in railway…
India and New Zealand Relaunch FTA Negotiations After Decade-Long Hiatus Amid U.S. Pressure on Agricultural Market Access
India and New Zealand have officially resumed negotiations for a Free Trade Agreement (FTA) after a ten-year pause. This development comes in the context of increased pressure from the United States for India to open its agricultural and dairy sectors to international competition. Background The…
India Needs 8% Growth for Progress, Core Sector Must Invest: SBI Chief
State Bank of India (SBI) Chairman CS Setty has emphasized that India needs to achieve an average annual growth rate of 8-9% by 2036 to realize the government’s ‘Viksit Bharat’ (Developed India) vision. This ambitious target necessitates a substantial investment of approximately ₹1,094 lakh crore,…
MADAN LAL KHANDELWAL ELECTED BY RSPCB ON CIRCULAR ECONOMY TASK-FORCE
Jaipur (Rajasthan), March 11, 2025: Continental Petroleums Ltd., today announced that it’s Chairman & Managing Director, Mr. Madan Lal Khandelwal has been appointed as one of the member of the Task Force set up set up by the Rajasthan State Pollution Control Board (RSPCB) to…
IndusInd Bank Shares Crash 27% Amid Derivatives Portfolio Discrepancy
Bank Assures Stability Despite Market Setback and Regulatory Scrutiny IndusInd Bank Shares Plunge 27% Amid Portfolio Loss Concerns Accounting Discrepancy Triggers Market Panic Mumbai: Shares of IndusInd Bank plummeted over 27% on Tuesday after the bank disclosed discrepancies in its derivatives portfolio, causing panic among…
India Continues US Engagement; Govt to House Reciprocal Tariff Fears
New Delhi, March 12, 2025In a determined effort to preserve robust trade ties with the United States, India’s government is stepping up diplomatic engagements amid growing concerns over the prospect of reciprocal tariffs. Officials have confirmed plans to bring these tariff apprehensions before the House,…
Farm Lending: Kisan Credit Card Bad Loans Surge by 42% in Four Years
According to recent reports, the outstanding non-performing assets (NPAs) in the Kisan Credit Card (KCC) segment have risen by 42% over the past four years, reaching ₹97,543 crore as of December 2024, up from ₹68,547 crore in March 2021. This increase in NPAs indicates growing…
Indian Agriculture Sector Must Open Up, Says US Commerce Secretary
US Commerce Secretary Howard Lutnick has called on India to lower its high tariffs, suggesting that such a move could pave the way for a significant bilateral trade agreement between the two nations. In an interview with India Today, Lutnick emphasized that India’s tariffs, among…
Tata Capital’s ₹17,000 Crore IPO on Track After Merger with Tata Motors Finance
Tata Capital to File IPO Draft Papers Post NCLT Merger Approval Tata Capital, the financial services arm of the Tata Group, will file draft papers for its Initial Public Offering (IPO) after receiving final approval from the National Company Law Tribunal (NCLT) for its merger…
Investment Management Australia Pty Ltd (IMAPL)
IMAPL was established in 1999 in Australia. It was born from a simple idea: to create innovative solutions that empower businesses to thrive in a rapidly evolving digital landscape. The journey began with a small team of passionate individuals who believed in the transformative power…
SAAMAGREE- simplifying the way India shops for Pooja needs
According to the sacred texts of our Vedic literature, in Kaliyuga, saying God’s name (Namasmarana ) or remembering the divine alone can lead us to ultimate unison with the almighty. God, the divine power, the source of life, the creator of all of us, asks…
Rajat Srivastava Makes Waves in the Industry with ‘Personalities of India’ Magazine
Rajat Srivastava has carved a significant niche for himself in the industry at a very Young age. Known for his remarkable contributions to both the television and Bollywood realms, Rajat has achieved acclaim with his digital magazine, Personalities of India. A Gold medalist in Journalism,…