india

India's Industrial Transformation Signals Major Shift: Piper Serica Deploys ₹210 Crore into Deeptech Startups Capital Flow Signals Shift from Consumption to Capability-Led Growth Mumbai-based asset management firm Piper Serica has announced a significant deployment of capital into India's...

India’s Data Centre Sector Set for Massive Surge, Projected to Reach $22 Billion by 2030 India is rapidly emerging as a major data centre hub in the Asia-Pacific region. The country's data infrastructure market is on the verge of exponential growth, with valuations expected to more than double...

India Boosts LPG Supply and PNG Rollout Amid West Asia Energy Shock India has significantly ramped up the supply of smaller 5-kg LPG cylinders while accelerating the rollout of piped natural gas (PNG) connections. These proactive measures are being implemented as the nation manages critical fuel...

India Slashes Coal Imports as Domestic Stockpiles Surge, Boosting Self-Reliance Drive Coal Imports See Dip Amid Strong Domestic Stock Management India's coal imports registered a noticeable decline in February, falling 8.5 per cent to 16.55 million tonnes. This reduction is attributed to robust...

India's Innovation Engine Roars: Patent Filings Surge 30.2% to Historic High, Solidifying Global Powerhouse Status New Delhi witnessed a major affirmation of its growing status as a global innovation leader on Sunday. Union Minister Piyush Goyal highlighted substantial growth in India's patent...

New Delhi, April 11 – The Centre on Saturday increased excise duties on petroleum products, including high-speed diesel, with immediate effect, according to a notification issued by the Ministry of Finance.The Union government has hiked the export duty or windfall tax on diesel by Rs 34 per...

New Delhi, April 11 The government on Saturday increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 per litre.The duty hike will be effective immediately, the finance ministry said in a notification.The government had, on March 26...

In New Delhi, Chief Justice of India Surya Kant, on Saturday, called for a comprehensive overhaul of the legal system to meet the demands of a growing economy. He stated that transforming India into a $10 trillion economy cannot be achieved solely through capital or policy, and that the quality...

New Delhi, April 11 – India is increasingly signing free trade agreements (FTAs) with economies where trade corridors are already expanding and supply chains are already forming, according to a new report.These FTAs are acting as accelerators of existing economic momentum, the report in Trade...

New Delhi, April 11 – India has set a major goal to expand its nuclear power capacity to at least 100 GW by 2047, marking the centenary of its independence, as it seeks to strengthen long-term energy security and reduce dependence on fossil fuels, according to a new report.According to a...

Mumbai, April 11: Market breadth indicates that domestic stock indices have crossed an "Extreme Stress Zone" and present a rewarding entry point for investors, with a historical median one-year forward return of over 17.5 per cent, according to a report released on Saturday.The "Extreme Stress...

New Delhi, April 11 Digital investment platform 5paisa Capital has closed its ₹468.8 crore rights issue, which was oversubscribed by 1.24 times.The issue, which opened on March 27 and closed on Friday, received bids for approximately 1.93 crore shares against 1.56 crore shares offered...

New Delhi, April 11 – As India’s Unified Payments Interface (UPI) celebrates its 10th anniversary on Saturday, the government announced that the country now accounts for 49% of global real-time payment transactions.The instant payments system processed 21.70 billion transactions in January...

New Delhi, April 11 – The Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, stated that India continues to be an attractive and compelling destination for global capital, supported by strong macroeconomic fundamentals, a rapidly expanding investor base, and a...

Vijayawada, April 10 Volvo Group India President and Managing Director Kamal Bali said on Friday that the ongoing conflict between Israel, the US, and Iran has not yet directly affected the automotive industry in the country, but that if supply chain constraints arise, the automotive industry...

New Delhi, April 10 – Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Friday that nearly 90 per cent of the backlog cargo at major ports has been cleared, following swift intervention and continuous monitoring by the government amid disruptions in the Strait of...

New Delhi, April 10 A key government scheme for processing critical minerals is at an advanced stage of finalization, Mines Secretary Piyush Goyal said on Friday, as India races to secure its supply chain amid global competition for lithium and other vital resources needed for clean energy and...

Mumbai, April 10 The rupee reversed initial gains and closed the day 32 paise lower at 92.83 against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee experienced high volatility as the deadline for the...

New Delhi, April 10 India will postpone maintenance shutdowns at thermal power plants and operationalize additional capacity to ensure around 10,000 MW of extra supply during peak summer demand, the Ministry of Power said on Friday, as it moves to strengthen short-term electricity availability...

New Delhi, April 10 Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to immediately raise fuel prices despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.The country's second-largest private fuel retailer has kept...