Union Commerce and Industry Minister Piyush Goyal has declared a strategic shift in India’s trade negotiations, asserting that the country is no longer desperate to clinch Free Trade Agreements (FTAs) or economic partnerships. Speaking at the 105th Annual General Meeting of ASSOCHAM in New Delhi on October 17, 2025, Goyal emphasized that “the days of…
India’s currency markets witnessed a dramatic turnaround on October 16, 2025, as the Indian rupee rebounded sharply from near all-time lows following a decisive $5 billion intervention by the Reserve Bank of India (RBI). The central bank’s move, executed across spot and non-deliverable forward (NDF) markets, marked one of its largest single-day operations in recent…
Union Minister of Commerce and Industry Piyush Goyal has expressed strong confidence in India’s economic trajectory, stating that the country is poised not only to meet but potentially exceed the International Monetary Fund’s (IMF) revised GDP growth estimate of 6.6% for FY2025–26. Speaking at a policy forum in New Delhi on October 15, 2025, Goyal…
India’s auto ancillary industry has undergone a transformative evolution in 2025, shifting from a backstage supplier role to a commanding presence on the global automotive stage. With a reported turnover of $80.2 billion this year, the sector is now recognized as a critical pillar of India’s manufacturing and export economy. Driven by favorable government policies,…
In a major vote of confidence for India’s infrastructure growth story, London-based global investor Actis has announced plans to double its investment in India from $2 billion to $4 billion over the next three to four years. The announcement was made by Actis Chairman Torbjorn Caesar during an interview on October 14, 2025, where he…
In a strategic move to deepen its role in Apple’s global supply chain, Tata Electronics, a subsidiary of the Tata Group, has acquired the India operations of Justech Precision, a Chinese industrial automation firm and long-time supplier to Apple. The acquisition, valued at approximately $100 million, was finalized in August 2025 and publicly confirmed on…
In a landmark governance decision, the Tata Group has officially approved a third executive term for N Chandrasekaran, extending his tenure as Chairman of Tata Sons until 2032. This move breaks the group’s long-standing retirement policy, which traditionally required executives to step down from active roles at the age of 65. Chandrasekaran, who will turn…
India’s leading value retail chain DMart, operated by Avenue Supermarts Ltd, reported a mixed set of numbers for the second quarter of FY26, with consolidated net profit rising just 3.8% year-on-year to ₹684.85 crore, despite a healthy 15.4% growth in revenue to ₹16,676.3 crore. The muted bottom-line performance was attributed to surging employee expenses and…
India’s textile sector witnessed a sharp surge in investor sentiment on October 10, 2025, after Prime Minister Narendra Modi and US President Donald Trump reviewed “good progress” in ongoing trade negotiations during a bilateral phone call. The announcement triggered a rally across export-oriented textile counters, with leading stocks jumping as much as 11% intraday, amid…
China has tightened its grip on the global rare earth market with sweeping new export restrictions, triggering alarm across industries dependent on these critical minerals. The move, announced by the Chinese Ministry of Commerce on October 9, 2025, mandates stricter licensing for exports of rare earth elements, magnets, processing technologies, and even recycled materials. The…
India’s billionaire elite faced a turbulent year in 2025, with the combined net worth of the country’s 100 richest individuals falling by 9% to $1 trillion, according to the newly released Forbes India Rich List. Yet, Mukesh Ambani, chairman of Reliance Industries, retained his crown as India’s richest person with a net worth of $105…
Zerodha co-founder and billionaire investor Nikhil Kamath has publicly disclosed a $21 million investment in London-based consumer tech brand Nothing, founded by Carl Pei. The announcement, made on October 9, 2025, via a post on X, marks Kamath’s entry into the global smartphone arena and signals growing Indian interest in AI-native hardware platforms. The investment…
In a landmark move to accelerate industrial growth and digital infrastructure, the Andhra Pradesh State Investment Promotion Board (SIPB) has approved investment proposals worth ₹1.14 lakh crore across multiple sectors. The 11th SIPB meeting, chaired by Chief Minister N. Chandrababu Naidu in Amaravati on October 8, 2025, marked a significant milestone in the state’s economic…
India’s financial regulators are shifting gears on cybersecurity oversight, advocating for a transition from periodic, checklist-driven audits to continuous, risk-based cyber assurance frameworks for fintechs and financial intermediaries. The move, discussed at the Global FinTech Forum (GFF) 2025, reflects growing concerns over the limitations of static compliance models in a rapidly evolving digital ecosystem. Senior…
In a major breakthrough for India’s rice export sector, Raipur-based Bagadiya Brothers Pvt Ltd has secured the interim Bangladesh government’s first international rice import tender for 50,000 tonnes. The tender, floated to stabilise domestic grain prices amid rising inflation and supply concerns, was awarded at a competitive rate of USD 359.77 per tonne. The consignment…
Union Finance Minister Nirmala Sitharaman on October 7, 2025, inaugurated the Foreign Currency Settlement System (FCSS) at Gujarat International Finance Tec-City (GIFT City), marking a transformative leap in India’s international financial services infrastructure. The system will enable real-time settlement of foreign currency transactions within GIFT City’s International Financial Services Centre (IFSC), eliminating the traditional 36–48…
India’s Special Economic Zones (SEZs) in Jaipur are showing robust export performance, but critical gaps in local infrastructure could undermine long-term growth, warned Niti Aayog member Dr. Arvind Singh during his visit to the region on October 6, 2025. After inspecting key industrial clusters in the Mahindra World City and Sitapura SEZ, Singh praised the…
Bank of Baroda (BoB), one of India’s leading public sector banks, has reported a robust 10.5% year-on-year growth in global business for the second quarter of FY2025, reaching ₹27.80 lakh crore as of September 30, 2025. The surge was primarily led by a sharp rise in global advances, which outpaced deposit growth, reflecting strong credit…
Union Minister of Commerce and Industry Piyush Goyal has extended a strong invitation to Singapore-based investors to explore India’s dynamic and rapidly expanding market, citing robust economic reforms, digital transformation, and sectoral resilience as key drivers of growth. Speaking at the India-Singapore Business Roundtable held in Singapore on October 4, 2025, Goyal emphasized India’s emergence…
Fintech startup IppoPay has emerged as a key enabler of financial inclusion in India’s tier 2 and tier 3 markets, announcing that it has disbursed over ₹120 crore in loans to kirana store owners and small merchants over the past two years. The Chennai-based company, which provides payment infrastructure and embedded finance solutions to underserved…
In a major step towards enhancing digital payment security in India’s capital markets, the Securities and Exchange Board of India (SEBI) has launched two new initiatives—Validated UPI Handles and SEBI Check—to protect investors from fraudulent transactions and unauthorized fund transfers. The twin measures, announced on October 2, 2025, aim to bring greater transparency and trust…
India’s economic growth story is being increasingly shadowed by a troubling divergence between high-income and low-income states, warned NITI Aayog Vice Chairperson Suman Bery during a policy roundtable in New Delhi on September 30, 2025. Bery called the growing disparity “worrisome” and urged policymakers to address structural imbalances that threaten the country’s long-term inclusive development…
Advance Agrolife Ltd, a leading agrochemical manufacturer, has successfully raised ₹57.76 crore through its anchor book allocation, setting the stage for its initial public offering (IPO) scheduled to open on October 1, 2025. The anchor round witnessed strong participation from marquee domestic institutional investors, signaling robust confidence in the company’s growth trajectory and sectoral potential….
India’s semiconductor ambitions received a fresh boost as Continental Device India Ltd (CDIL) and Kaynes Technology have entered advanced discussions with the Odisha government to set up semiconductor and electronics manufacturing units in the state. The talks, confirmed by senior officials in Bhubaneswar on September 26, 2025, mark a strategic shift in India’s chip localization…
In a major boost to India’s indigenous defence capabilities, Larsen & Toubro (L&T) and Bharat Electronics Limited (BEL) have announced a strategic partnership to jointly develop critical systems for the country’s ambitious 5th-generation fighter aircraft programme. The collaboration, formalised on September 24, 2025, aims to support the Defence Research and Development Organisation’s (DRDO) Advanced Medium…
Tata Capital, the financial services arm of the Tata Group, is gearing up for one of India’s most anticipated IPOs of 2025, targeting a valuation of $16.5 billion (approximately ₹1.37 lakh crore) through a $1.85 billion (₹15,400 crore) public offering. The IPO is expected to hit the markets in early October, marking a significant milestone…
In a landmark move to revolutionize India’s logistics ecosystem, Union Commerce and Industry Minister Piyush Goyal unveiled a comprehensive logistics overhaul plan targeting eight cities across eight states. This initiative, launched under the broader framework of the National Logistics Policy and PM GatiShakti Master Plan, aims to reduce transaction costs, streamline supply chains, and enhance…
Vedanta Limited has made history by becoming the first mining company to export freshly extracted iron ore from Goa since mining operations resumed in April 2024. The landmark consignment—over 3 lakh tonnes of high-grade ore—was shipped from the Bicholim mineral block to China, marking a significant milestone in the revival of Goa’s mining industry. The…
Finance Minister Nirmala Sitharaman has issued a clarion call to India Inc, urging businesses to step up investments, expand capacities, and actively participate in the country’s growth journey. Speaking at the IFQM Symposium in New Delhi on September 18, 2025, Sitharaman emphasized that the government has delivered on key reforms and created a conducive environment…
Zerodha co-founder and CEO Nithin Kamath has once again captured public attention with his candid response to a Reddit user’s query about the company’s growth, profitability, and IPO plans. In a detailed social media post shared on September 16, 2025, Kamath revealed that Zerodha was built with an initial investment of just ₹10 lakh and…
