India’s crude oil imports from Russia climbed to a nine-month high in April 2025, hitting 1.92 million barrels per day (bpd). This marks a 2.1% increase from March levels and pushed Russia’s share of India’s total crude imports to 39.3%, up from 35.7% the previous month. The latest data

In a dramatic ruling that has sent shockwaves through India’s corporate and legal landscape, the Supreme Court has nullified JSW Steel’s ₹19,700 crore acquisition of Bhushan Power & Steel Ltd (BPSL). The deal, approved under the Insolvency and Bankruptcy Code (IBC) in 2019, was struck down on the grounds of serious procedural violations, marking a […]

India’s Goods and Services Tax (GST) revenue hit a historic peak in April 2025, with collections soaring to ₹2.37 lakh crore. This marks a 12.6% year-on-year growth from April 2024 and represents the highest monthly GST collection since the system was launched in 2017. The surge was led by strong domestic consumption and robust imports, […]

India’s electronics manufacturing sector may be entering a new phase, as sources indicate that iPhone production has reportedly begun at Tata Electronics’ facility in Hosur, Tamil Nadu. The development is believed to be part of Apple’s ongoing strategy to diversify its manufacturing base away from China and strengthen its footprint in India. According to those […]

In a major strategic shift, Apple Inc. is preparing to relocate the assembly of all iPhones destined for the U.S. market from China to India by the end of 2026. This move is aimed at reducing supply chain risks, diversifying manufacturing operations, and countering rising trade tensions between the United States and China. iPhone Production […]

In a sharp response to recent allegations, Hindenburg Research founder Nate Anderson dismissed suggestions that Israel’s Mossad agency was involved in compiling their report on the Adani Group. Addressing the claims directly, Anderson called them “absurd” and likened them to a “James Bond fantasy.” The controversy stems from recent narratives pushed

In a startling claim, fact-checker Vijay Patel has alleged that Israeli intelligence agency Mossad uncovered a sophisticated international network aimed at discrediting the Adani Group and undermining India’s economic interests. According to Patel, the operation began after Adani Group Chairman Gautam Adani visited Israel on January 31, 2023, to finalize the $1.2 billion

JSW Energy has officially commenced construction of a 1,600 MW ultra-supercritical thermal power plant in Salboni, Paschim Medinipur district, West Bengal. This ₹16,000 crore project, comprising two units of 800 MW each, represents the company’s largest greenfield initiative to date and the most significant private-sector thermal power project in the state. The

The United States is intensifying its efforts to secure comprehensive market access for American e-commerce giants Amazon and Walmart in India’s burgeoning $125 billion online retail sector. This initiative is a focal point in the ongoing bilateral trade negotiations between the two nations, which also encompass discussions on tariffs, food, and automotive sectors.

In a major step towards promoting early financial literacy, the Reserve Bank of India (RBI) has allowed minors aged 10 years and above to independently open and operate their own savings and term deposit accounts. This progressive move aims to instill financial discipline and awareness among children at a younger age. Independent Access for Minors […]