India, the world’s third-largest oil importer, is likely to gain substantially from the ongoing decline in global energy prices. With crude oil and liquefied natural gas (LNG) forming a major part of its import basket, the softening of prices is projected to bring major fiscal relief, according to a report by ICRA. Decline in Oil …
In a significant development, India has opened its central government procurement market to British companies as part of the recently finalised Free Trade Agreement (FTA) with the United Kingdom. This move marks a substantial step in strengthening bilateral economic ties and offers UK businesses unprecedented access to India’s vast public procurement sector. Key Provisions of …
In a swift response following the Indian Army’s cross-border strike code-named Operation Sindoor, Reliance Industries Limited was the first among 4 applicants to file a trademark for the emotionally charged term. The move came within hours of the operation being announced, reflecting how quickly the name gained cultural and symbolic significance. Between 10:42 AM and …
The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to give a significant lift to India’s gems and jewellery exports. At a time when shipments to key markets like the United States and China are declining, this agreement arrives as a timely catalyst. Industry estimates suggest that exports to …
Foreign institutional investors (FIIs) significantly ramped up their exposure to Indian equities during the second half of April, injecting over ₹38,000 crore into the markets. This marks a notable shift in sentiment compared to the more restrained flows observed in the first half of the month. Financial Services: The Foremost Choice with ₹22,910 Crore Inflows …
In a significant development reported by CNBC-TV18, India has offered to eliminate tariffs on most products in its ongoing trade negotiations with the United States. This move signals a major step forward in the years-long dialogue between the 2 countries to enhance bilateral trade. Report said, sources close to the matter revealed that India’s zero …
The BC Sakhi Yojana, launched by the Government of Uttar Pradesh in May 2020, is a groundbreaking initiative aimed at transforming the financial landscape of rural India. By training women as banking correspondents, the scheme bridges the gap between remote communities and formal banking services. Beyond financial inclusion, it is driving social change by empowering …
In response to increasing concerns over predatory pricing strategies in India’s fast-growing digital retail space, the Competition Commission of India (CCI) has introduced a revised set of regulations. Effective from 7 May, the changes aim to address anti-competitive pricing tactics, especially in the e-commerce and quick commerce sectors, through an overhaul of existing cost norms …
Flipkart is nurturing another internal startup, this time led by Vice President and Chief of Staff Ashish Vijayvergiya, as per news reports. He is preparing to launch a new business within the Walmart-owned group, following the in-house entrepreneurship model that birthed successful ventures like PhonePe and super.money. Ashish Vijayvergiya’s Startup Plans Inside Flipkart Ashish Vijayvergiya …
The Department of Telecommunications (DoT) has asked all telecom operators to ensure their networks are prepared to function during disaster-level situations. This includes maintaining uninterrupted services and coordination among operators to avoid outages during emergencies. Border Infrastructure to be Prioritised Operators have been told to update their lists of critical telecom sites, especially in districts …
