India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark free trade deal that will allow 99% of Indian exports to enter the UK market without customs duties. This includes a significant win for Indian seafood exporters, as a range of marine

India’s mobile phone exports surged from ₹1,500 crore in 2014–15 to ₹2 lakh crore in 2024–25, marking a remarkable 127‑fold rise, Parliament was informed on July 24, 2025. This leap reflects how India has transformed from a net importer to a major exporter of phones over the past decade. PLI Scheme Boosts Manufacturing The Government credited the Production Linked […]

The Adani Group has announced plans to enter the healthcare sector by building two advanced, 1,000‑bed hospitals in Mumbai and Ahmedabad. Chairman Gautam Adani revealed this initiative at a medical conference, aiming to combine cutting-edge technology with affordable care under the theme “Adani Healthcare Temples”. ₹60,000 crore Commitment Adani confirmed that the Adani

A senior executive at Reliance Industries has urged India to boost its petrochemical production urgently. At a recent industry conference, Vikram Sampat, Reliance’s strategy chief, warned that China controls nearly 40–50% of global petrochemical output, while India’s figure remains around 20%. Why It Matters China’s rapid capacity expansion has created a global

In a significant realignment of supply chain strategy, India’s leading electronics component manufacturers are moving away from traditional Chinese partnerships and actively seeking collaborations with firms from South Korea and Taiwan. The shift comes in the backdrop of the government’s continued clampdown on Chinese foreign direct investment (FDI) and its push for

Indian oil and gas stocks witnessed a sharp decline on Tuesday after OPEC+ announced a higher-than-expected output hike, sending global crude oil prices tumbling. Shares of Oil India and ONGC were among the hardest hit, falling by over 1%, while refining companies such as Mangalore Refinery and Chennai Petroleum dropped between 3% and 5%. Oil […]

Vedanta Resources, led by Anil Agarwal, has enlisted Australia’s Worley, a global engineering and project management firm, to spearhead a major expansion at Konkola Copper Mines (KCM) in Zambia. The partnership supports an ambitious investment plan worth approximately $1 billion aimed at boosting copper and cobalt output. Vedanta Zambia Following its recovery of KCM assets

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, has announced a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) worth ₹1,000 crore. The offering opens for subscription on July 9 and will remain open until July 22, 2025, unless it closes earlier due to full subscription. Adani NCD The base […]

Russian oil giant Rosneft has initiated early conversations with Reliance Industries to explore the sale of its 49.13% stake in Nayara Energy, the operator of Vadinar refinery and over 6,700 fuel stations in India. The move aligns with Rosneft’s ongoing efforts to address Western sanctions that restrict its ability to repatriate earnings from overseas assets. […]

Chinese smartphone brands are significantly expanding their production footprint in India, capitalising on the nation’s growing manufacturing infrastructure and export capabilities. Chinese Brands Manufacturing Major global names such as Redmi, Vivo, Oppo, Realme, Hisense, Motorola, and Tecno are increasingly partnering with Indian contract manufacturers like Dixon