Tata Technologies Ltd. has announced a definitive agreement to acquire 100% equity in Germany-based ES-Tec Group for a total cash consideration of €75 million, marking a significant milestone in its global expansion strategy. The acquisition, disclosed on September 13, 2025, will be paid over the next two years and includes performance-based earn-outs. The move is…
In a major development that strengthens India’s presence in the global aerospace manufacturing supply chain, Godrej Aerospace has signed a 5-year contract with French multinational Safran Aircraft Engines to supply critical components for the world-renowned LEAP engines. The agreement is expected to further cement India’s role as a trusted partner in advanced aviation technology and…
Union Environment Minister Bhupender Yadav has issued a strong reminder to the global community that the current levels of climate finance are grossly insufficient to help developing nations meet their green transition goals. Speaking on India’s climate ambitions, he emphasized that while the Global South collectively requires far greater resources than the pledged $300 billion…
In a seismic shift across global financial and tech landscapes, Oracle Corporation has emerged as 2025’s standout multibagger stock, surging 41% in a single trading session and catapulting its co-founder and chairman Larry Ellison past Elon Musk to become the world’s richest individual. The rally, driven by Oracle’s announcement of a groundbreaking AI Center of…
Union Commerce and Industry Minister Piyush Goyal has reaffirmed the government’s commitment to simplifying governance and empowering citizens through the Jan Vishwas (Amendment of Provisions) Bill, 2025. In a recent interview, Goyal described the initiative as a “two-way trust” mechanism aimed at reducing bureaucratic hurdles, decriminalizing minor offences, and fostering a transparent, business-friendly environment that…
Varun Beverages Ltd (VBL), PepsiCo’s second-largest global bottling partner, has announced the incorporation of a joint venture with White Peak Refrigeration Pvt Ltd to manufacture visi-coolers and other refrigeration equipment in India. The move marks a strategic diversification for VBL, aimed at strengthening its supply chain infrastructure and reducing dependence on third-party cooling equipment vendors….
The 56th meeting of the Goods and Services Tax (GST) Council commenced in New Delhi on September 3, 2025, with Union Finance Minister Nirmala Sitharaman chairing the two-day deliberations. The Council is expected to take up one of the most significant overhauls of the GST regime since its inception in July 2017, with rate rationalisation,…
India has formally requested consultations with the United States at the World Trade Organization (WTO) over Washington’s decision to impose a steep 50% tariff on certain copper products imported from India. The move, announced on September 2, 2025, marks the third such WTO challenge initiated by New Delhi against the US in recent years, following…
In a striking reflection of escalating geopolitical tensions, the Mukesh Ambani family has deferred its much-anticipated cultural extravaganza in New York, originally scheduled for September 12–14, 2025. The event, titled “India Weekend,” was to be hosted by the Nita Mukesh Ambani Cultural Centre (NMACC) at the Lincoln Center and featured marquee names such as Michelin-star…
Union Minister of Chemicals and Fertilizers, Dr. Mansukh Mandaviya, has announced the government’s ambitious plan to transform India into a global hub for sports goods manufacturing. Speaking at the National Sports Goods Industry Conclave held in Meerut, Uttar Pradesh, on September 1, 2025, Mandaviya emphasized that the sector holds immense potential for job creation, exports,…
Prime Minister Narendra Modi has reaffirmed India’s economic resilience, citing a robust 7.8% GDP growth in the first quarter of FY 2025–26 despite mounting global trade barriers and protectionist policies. Speaking at the G20 Trade and Investment Ministers’ Meeting in Bengaluru on September 1, 2025, PM Modi took a veiled dig at rising tariffs and…
India’s shrimp export industry is bracing for a sharp contraction of 15–18% in FY26 following the United States’ decision to hike import tariffs to a staggering 58.26% from August 27, 2025. According to a detailed report by Crisil Ratings, the move threatens nearly $5 billion worth of annual trade, with the US accounting for 48%…
Union Minister for Electronics and Information Technology Ashwini Vaishnaw inaugurated India’s first tempered glass manufacturing facility for mobile devices in Noida, marking a major milestone in the country’s journey toward self-reliance in electronics. The facility, set up by Optiemus Electronics in collaboration with US-based Corning Incorporated, will produce high-quality tempered glass under the globally recognized…
India’s state-owned energy major Oil and Natural Gas Corporation (ONGC) has reaffirmed its commitment to purchasing Russian crude oil, stating that its group refiners will continue to buy “every available drop” as long as it remains commercially viable. The announcement was made by ONGC Chairman and CEO Arun Kumar Singh during the company’s Annual General…
Reliance Industries Limited (RIL), India’s largest private-sector conglomerate, once again placed its oil-to-chemicals (O2C) business at the center of attention during its Annual General Meeting (AGM). The spotlight comes amid rising global scrutiny of India’s crude imports from Russia, as well as the company’s evolving strategy to balance its traditional energy operations with its ambitious…
National Aluminium Company Limited (Nalco) has unveiled an ambitious capital expenditure (Capex) plan of ₹30,000 crore by 2030, as announced by its Chairman and Managing Director (CMD) Brijendra Pratap Singh. The public sector aluminium giant aims to strengthen its footprint across the aluminium value chain, focusing on expansion, sustainability, and green energy initiatives. This strategic…
In a move aimed at supporting the domestic textile and apparel industry, the Government of India has extended the exemption on cotton import duty until December 2025, just a day after the United States imposed a 50% tariff on Indian cotton exports. The decision reflects New Delhi’s effort to balance domestic industry needs with global…
In the backdrop of rising US tariffs on Indian goods, the Indian government has stepped up its efforts to boost e-commerce exports, positioning digital trade as a crucial pathway for small and medium enterprises (MSMEs) to access international markets. At the same time, industry voices, particularly from the MSME sector, are demanding a more flexible…
The Indian Rupee (INR) has once again come under the global spotlight as it touched an all-time low against the US dollar, prompting sharp remarks from American financial circles. Reports indicate that US officials and market experts have made dismissive comments, suggesting that the rupee’s fall is not a concern for the world economy since…
Zerodha co-founder and CEO Nithin Kamath has stirred up a thought-provoking conversation by drawing a parallel between today’s trillion-dollar tech giants and the East India Company, the infamous colonial-era trading firm that once ruled vast parts of South Asia. In a reflective post on X (formerly Twitter), Kamath questioned the unchecked influence of global corporations,…
Trinamool Congress MP Mahua Moitra has ignited a political and financial firestorm by accusing investor Rekha Jhunjhunwala of “insider trading, pure and simple” following her timely exit from Nazara Technologies just weeks before the passage of the Online Gaming Bill, 2025. The legislation, which bans real-money gaming across India, triggered a sharp decline in Nazara’s…
In a major development disclosed in Parliament, the Centre has confirmed that the State Bank of India (SBI) officially classified Reliance Communications Limited (RCOM) and its promoter-director Anil D. Ambani as “fraud” in connection with a ₹2,000 crore bank loan case. The classification was made on June 13, 2025, under the Reserve Bank of India’s…
Prime Minister Narendra Modi has pledged a sweeping new wave of reforms aimed at energizing India’s economy, simplifying governance, and boosting employment, following the successful passage of the Income Tax Bill 2025 and the upcoming rollout of next-generation GST reforms. Speaking at the Economic Times World Leaders Forum in New Delhi on August 23, 2025,…
India has taken a decisive step toward agricultural resilience and fertilizer self-sufficiency by securing long-term supply agreements with Saudi Arabia and Morocco, two of the world’s leading producers of phosphate-based fertilizers. The move comes at a time when global supply chains remain volatile due to the Red Sea crisis, the Russia-Ukraine war, and rising geopolitical…
With a tight deadline looming for the rollout of next-generation Goods and Services Tax (GST) reforms by October 2025, the GST Council will convene its 56th meeting over two days—September 3 and 4—in New Delhi. The meeting, chaired by Union Finance Minister Nirmala Sitharaman, will bring together finance ministers and senior officials from all states…
India’s semiconductor ambitions are set to gain fresh momentum as the Ministry of Electronics and Information Technology (MeitY) considers announcing two to three small-scale semiconductor projects under the existing Semicon 1.0 framework. The move comes as leftover funds from the ₹76,000 crore India Semiconductor Mission (ISM) are being evaluated for strategic deployment, according to MeitY…
In a landmark decision that could reshape India’s indirect tax regime, the Group of Ministers (GoM) on Goods and Services Tax (GST) has approved the Centre’s proposal to eliminate the 12% and 28% tax slabs. The move, aimed at simplifying the GST structure and making it more transparent and growth-oriented, will introduce a streamlined two-tier…
In a landmark move to position Andhra Pradesh as the “Eastern Gateway” of India’s maritime trade, the Andhra Pradesh Maritime Board (APMB) has signed a ₹9,000 crore Memorandum of Understanding (MoU) with APM Terminals, a subsidiary of global shipping giant A.P. Moller-Maersk. The agreement, signed in the presence of Chief Minister N. Chandrababu Naidu, marks…
In a move that could reshape India’s derivatives market, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has announced plans to increase the tenure and maturity of equity derivative contracts. Speaking at a FICCI event in Mumbai on August 21, 2025, Pandey emphasized the need to align India’s derivatives framework with global…
India and Russia have set an ambitious goal to boost bilateral trade to $100 billion by 2030, signaling a deepening economic partnership amid growing friction with the United States. The announcement came during Indian External Affairs Minister S. Jaishankar’s visit to Moscow, where he co-chaired the 26th round of the India-Russia Inter-Governmental Commission for Trade,…
