A long-running dispute between Reliance Industries Ltd and the Government of India over the KG-D6 offshore gas block is expected to reach a settlement in 2026, nearly 13 years after it began. The case involves a claim of about $247 million raised by the government, linked to cost recovery and
The Taiwan Electrical and Electronic Manufacturers’ Association, commonly known as Teema, is exploring plans to expand its presence in North India by setting up a technology park in Uttar Pradesh. The move is part of efforts to strengthen manufacturing and supply chain linkages between Taiwanese electronics firms and India. Yamuna Expressway Region in Focus Officials […]
The Union government has opposed a petition in the Delhi High Court seeking to reduce the Goods and Services Tax (GST) on air purifiers from the current 18 per cent to 5 per cent to make the devices more affordable amid severe air pollution in the capital region. The government told a vacation bench that […]
India’s electronics industry has created more than 1.33 million jobs over the past five years, driven largely by the Production Linked Incentive (PLI) scheme for manufacturing. The government’s PLI programme, part of broader efforts to boost domestic electronics production, has helped expand smartphone manufacturing and supported a sharp rise in exports. Industry figures
The Adani Group has sealed deals worth around ₹80,000 crore since 2023, marking a sustained phase of expansion following the market turbulence triggered by short-seller allegations earlier that year. The conglomerate has completed more than 30 acquisitions and strategic transactions across infrastructure, energy, logistics, ports, and cement businesses, underscoring its
The Securities and Exchange Board of India has eased norms related to the issuance of duplicate securities certificates to reduce procedural hurdles for investors. Under the revised framework, the threshold for availing a simplified documentation process has been increased, allowing more investors to benefit from reduced compliance requirements when securities certificates
Gold and silver prices climbed to fresh record highs in global markets as investors moved toward safe-haven assets amid rising geopolitical tensions and a weakening US dollar. The surge reflects heightened risk aversion across financial markets, with precious metals benefiting from their traditional role as a store of value during periods of uncertainty. Gold prices […]
Indian equity markets opened lower, with benchmark indices Sensex and Nifty registering losses amid cautious investor sentiment. The Sensex declined by around 200 points, while the Nifty slipped below the key 26,100 level in early trade. Market participants remained wary as selling pressure persisted in select heavyweights, dragging the indices lower. Foreign Selling and
India is increasingly likely to fall short of its ambitious USD 1 trillion export target for the fiscal year 2025–26, according to trade analysts. The shortfall is attributed to weak global demand, a slowdown in international trade and rising protectionist measures that have weighed on shipment growth. Merchandise Exports Under Pressure Merchandise export growth has […]
Reliance Industries Ltd has restarted purchases of discounted Russian crude oil after a pause following U.S. sanctions on major Russian producers. The Indian energy and petrochemicals company is sourcing barrels from suppliers not subject to sanctions and routing them to its refinery complex in Jamnagar, Gujarat. US Concession Allows Wind-Down The company has also obtained















