India’s Economic Edge Amid Global Supply Chain Shifts: Insights from RBI’s April Bulletin

According to the Reserve Bank of India’s (RBI) April bulletin, India stands at a strategic juncture as global supply chains undergo realignments. In an increasingly volatile global environment, companies are actively diversifying their manufacturing bases and investment destinations. With established trade linkages and a growing reputation for resilience and scalability, India is emerging as a compelling choice for multinational supply chains.

This shift is not accidental—it is the result of cumulative trade agreements, policy reforms, and India’s large domestic market, which together make the country a significant player in global trade dynamics.

FDI Diversification and Investor Confidence

The bulletin highlights the diversification of Foreign Direct Investment (FDI) sources as another positive signal for India’s external sector. As global investors seek to reduce risk and enhance resilience in their investment strategies, India’s consistent policy efforts and improved ease of doing business have made it a preferred destination.

The growing interest from multiple investor geographies not only mitigates concentration risk but also contributes to long-term economic stability. Engagement with a broader set of global stakeholders helps reinforce India’s image as a dependable economic partner.

Services Exports and Remittances: A Resilient Buffer

India’s strength in services exports and steady remittance inflows continues to be a reliable cushion for the current account. These two factors serve as vital financial buffers in times of global uncertainty.

Service sectors such as information technology, consulting, and business process outsourcing remain robust, helping offset trade imbalances. Additionally, remittances from the Indian diaspora, particularly from the Gulf and Western economies, provide stable foreign exchange earnings.

Domestic Demand: India’s Internal Growth Engine

Despite concerns over a slowing global economy due to heightened trade and tariff tensions, the RBI bulletin suggests that India’s domestic growth is driven primarily by internal engines—namely, consumption and investment. These components are deemed relatively insulated from external shocks.

Private consumption, supported by demographic trends and a growing middle class, continues to sustain demand. Meanwhile, public and private sector investments in infrastructure and manufacturing are expected to support economic momentum even if external demand softens.

Agricultural Outlook Buoyed by Monsoon Forecast

Adding to the positive domestic narrative is the forecast of an above-normal southwest monsoon for 2025. A favourable monsoon season typically enhances agricultural productivity, raises rural incomes, and contributes to food price stability.

For a largely agrarian economy, such developments are crucial not only for rural demand but also for maintaining inflation within a manageable band, thereby supporting broader economic stability.

Turning Volatility into Opportunity with Calibrated Policy

The bulletin article underscores that while global economic uncertainty poses challenges, it also presents a strategic opportunity for India. With well-calibrated policy interventions, the country can reinforce its standing in the evolving global economic order.

This includes policies that promote manufacturing competitiveness, ease of business, and infrastructure development, allowing India to attract more investment and play a larger role in global supply chains.

Read More: RBI Revises LCR Norms: New Run-Off Rates for Digital Deposits and Trust Funding. 

Conclusion

While the bulletin provides forward-looking observations, the RBI clarified that the views expressed in the ‘State of the Economy’ article are those of the authors and not the official stance of the central bank. Nonetheless, the analysis offers valuable insights into India’s positioning and prospects amid global shifts.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nakoda Group of Industries Swings to Profit; Meeting on April 25 for Final Call on Rights Issue

Nakoda Group of Industries Limited, a key player in India’s food processing sector with reputed clients like Britannia, Amul, and HUL, marked a significant shift in its financial trajectory in Q3FY25, showing improved profitability despite relatively flat revenues.

Particulars Q3 FY25 (₹ Lakhs) Q3 FY24 (₹ Lakhs) Growth (%)
Revenue from Operations 1,423.15 1,445.90 -1.58%
Total Expenditure 1,350.55 1,438.91 -6.14%
EBITDA 72.60 7.06 928.33%
Profit Before Tax (PBT) 0.04 -71.70 Loss to Profit
Profit After Tax (PAT) 0.03 -54.18 Loss to Profit
Diluted EPS (₹) 0.11 -0.45 Loss to Profit

Key Highlights

Marginal Dip in Revenue

The company posted a revenue of ₹1,423.15 lakh in Q3FY25, a slight decline of 1.58% compared to ₹1,445.90 lakh in Q3FY24. This minimal drop suggests stable topline performance, despite broader market challenges.

Sharp Reduction in Operating Costs

A noteworthy reduction in raw material expenses—from ₹1,328.42 lakh in Q3FY24 to ₹1,249.22 lakh in Q3FY25—contributed significantly to cost control. Other expenses also saw a reduction of over ₹12 lakh year-on-year.

EBITDA Shows Dramatic Improvement

The EBITDA surged to ₹72.60 lakh from just ₹7.06 lakh in the same quarter last year, indicating a robust improvement in operational efficiency. The EBITDA margin expansion points to better absorption of fixed costs and optimised expenditure.

Return to Profitability

The company reported a modest net profit of ₹0.03 lakh in Q3FY25 compared to a loss of ₹54.18 lakh in Q3FY24. This turnaround is significant, demonstrating a positive shift in the bottom line.

Read More: HCLTech Q4 Results: Net Income Rises 8.1% YoY, ₹18 Dividend Announced; 6% Rise in Share Price. 

Overview of the Rights Issue Development

Nakoda Group of Industries Limited has announced an important update regarding its ongoing rights issue. As per the company’s intimation, a meeting of the Rights Issue Committee is scheduled to be held on Friday, April 25, 2025. The purpose of this meeting is to consider the second and final call on 49,54,654 partly paid-up equity shares that were previously issued under the rights issue scheme.

Details of the Partly Paid-Up Shares

The rights issue involved the issuance of partly paid equity shares. The company has already made an initial call on these shares, and the upcoming meeting aims to finalise the payment structure for the remaining balance. Once fully paid, these shares will be on par with existing fully paid equity shares in terms of rights and entitlements.

  • Number of shares pending final call: 49,54,654

  • Status: Awaiting second and final call decision

Conclusion

Nakoda Group of Industries’ Q3FY25 performance underscores a strategic recovery driven by operational efficiency. While revenues remained flat, significant gains in EBITDA and the swing to profitability indicate the company’s resilience and efficient cost management practices. These developments will be closely observed by stakeholders as the company moves forward in the fiscal year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SEBI Expands Insider Trading Curbs: Immediate Relatives Now Barred During Window Closure

In a significant step to reinforce transparency and fairness in the securities market, the Securities and Exchange Board of India (SEBI) has introduced stricter controls on insider trading. A new directive extended trading restrictions during sensitive financial periods to include the immediate relatives of designated persons (DPs) within listed companies.

What Is the Trading Window Closure Period?

The trading window closure period refers to a block of time during which individuals with potential access to unpublished price-sensitive information (UPSI) are prohibited from trading in the company’s securities. This window typically shuts ahead of major financial disclosures—like quarterly results, and reopens only after the information has been made public and absorbed by the market.

Until now, these rules applied primarily to insiders such as directors, senior executives, and other key managerial personnel. However, SEBI has now broadened the scope of restrictions.

What Has Changed Under SEBI’s New Rule?

The core amendment lies in the inclusion of immediate relatives of insiders within the ambit of trading restrictions. Immediate family members—such as spouses, parents, and children—of designated persons are now explicitly prohibited from engaging in trading during the window closure period.

This move is grounded in the understanding that UPSI can easily be shared informally within families, potentially leading to unfair trading advantages. By bringing immediate relatives under the purview of these regulations, SEBI aims to plug potential loopholes and foster equitable participation in the markets.

How Will This Be Enforced?

To enforce these new norms effectively, SEBI has directed stock exchanges and depositories to implement automated controls over trading accounts. Specifically, the demat accounts linked with PANs of immediate relatives will be automatically frozen for on-market and off-market transactions during the restricted periods.

The responsibility for sharing the required data, such as PAN and demat account details of designated persons and their immediate family members, rests with the listed companies. This data will be passed on to the designated depositories, who will coordinate with exchanges to impose the trade freeze.

Implementation Timeline

The rollout of this regulation will take place in two distinct phases:

Phase 1:

Effective from July 1, 2025 – Applicable to the top 500 listed companies by market capitalisation.

Phase 2:

Effective from October 1, 2025 – Applicable to all other listed companies in India.

This phased approach gives companies sufficient time to collate, validate, and submit the necessary details to ensure smooth compliance.

Read More: Check Out The SEBI’s Recent Investor Protection Measures

The Broader Objective: Market Integrity

These amendments are not merely administrative. They align with SEBI’s broader vision of enhancing investor confidence and ensuring a level playing field in capital markets. By pre-emptively closing the doors to potential information leaks, even through familial channels, SEBI is reinforcing its commitment to safeguarding market integrity.

Conclusion

SEBI’s expanded scope of insider trading restrictions marks a decisive evolution in regulatory oversight. By including the immediate relatives of insiders, the regulator underscores the principle that market fairness must extend beyond formal designations and into areas where informal information flows may exist. These proactive measures reflect a maturing capital market where transparency, accountability, and investor protection remain paramount.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

IndusInd Bank Clarifies Audit Rumours: No Forensic Audit by EY, Only Internal Review Underway

On April 22, 2025, news surfaced on a media website claiming that IndusInd Bank had engaged Ernst & Young (EY) to conduct a forensic audit following a ₹600 crore discrepancy in its microfinance portfolio. The news prompted significant attention from market participants and regulatory bodies alike.

However, IndusInd Bank was quick to issue a clarification through an official release to the stock exchanges. 

The IndusInd Bank share price was trading up by 0.31% as of 12:20 PM on April 23, 2025.

Read More: IndusInd Bank Share Price Drops 6% Amid Forensic Audit Over ₹600 Crore Discrepancy

IndusInd’s Response to Media Reports

The Bank stated unequivocally that EY has not been appointed for a forensic audit. Instead, the engagement with EY is limited to supporting the Bank’s Internal Audit Department (IAD) in reviewing specific records related to its microfinance institution (MFI) business.

This internal review is part of the standard procedure during the finalisation of the Bank’s financial accounts and is being conducted in response to certain concerns that were recently flagged internally.

The Scope of the Review

IndusInd’s Internal Audit Department is conducting a thorough evaluation of the MFI operations. The Bank has called upon EY’s expertise to assist in analysing and reviewing relevant documentation. However, this remains an internal exercise, not a third-party forensic investigation as suggested by some reports.

The Bank emphasised that the review is still in progress and reassured stakeholders of its commitment to transparency and adherence to regulatory compliance.

Compliance with SEBI Regulations

IndusInd Bank reaffirmed its ongoing compliance with disclosure norms under SEBI’s Regulation 30. The statement underscored that the Bank remains vigilant about its communication responsibilities and will continue to disclose material developments in a timely and accurate manner.

Conclusion

In an era where headlines can trigger volatility, IndusInd Bank’s prompt clarification helps curb misinformation and assures stakeholders that no external forensic audit is underway. Instead, the Bank is maintaining rigorous internal checks, partnering with EY solely to support its internal audit team in a routine review process.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Filing Your ITR for FY25? Here’s the Expected Deadline and Refund Timeline

The filing window for Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) is expected to open shortly on the official Income Tax Department website. While the Central Board of Direct Taxes (CBDT) has not yet made an official announcement, historical trends suggest that e-filing usually commences in April.

During this period, various ITR forms are notified and made available for taxpayers across different income categories. These forms cater to salaried individuals, self-employed professionals, business owners, and others — each with specific compliance requirements.

What is the deadline to file ITR for FY25?

For the financial year 2023–24, the last date to file an income tax return without any late fees was July 31, 2024. A similar deadline is likely for FY24–25, with July 31, 2025, expected to be the initial cutoff for timely submissions.

Taxpayers who miss the deadline may still file a belated return until December 31, 2025, although this is usually subject to late fees and interest. The exact dates will be confirmed in due course via official circulars issued by the Income Tax Department.

When can you expect to receive your I-T refund?

The refund process has been significantly streamlined in recent years. For most taxpayers, refunds are processed within 7 to 20 days from the date of successful verification of the return. However, the speed of the refund depends on several factors, including:

  • Accuracy of the information submitted

  • Timely verification of the ITR using Aadhaar OTP or other authorised modes

  • Pre-validation and PAN linkage of the bank account selected for receiving refunds

Any mismatch in income details, tax credits, or incorrect bank details can cause delays in refund processing.

What documents should be kept ready?

To ensure a smooth filing and refund process, taxpayers are advised to keep the following documents and information ready in advance:

  • PAN and Aadhaar card

  • Form 16 issued by employers

  • Salary slips and interest certificates

  • Capital gains statements (if applicable)

  • Rental income details and any other income proofs

  • Bank account details for refund purposes

Proper documentation helps in accurate self-assessment and reduces the risk of scrutiny or errors in processing.

Read More: Documents required for ITR Filing

Conclusion

The window to file income tax returns for FY25 is expected to open soon, with the tentative deadline being July 31, 2025. Refunds are generally processed within 20 days if all details are correctly filed and verified. Keeping essential documents ready in advance can make the entire process more efficient and stress-free.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Alpex Solar Secures ₹380.52 Crore Order from Leading Manufacturer; Shares Hit 5% Upper Circuit

Alpex Solar Limited (ASL) announced via a regulatory filing that it has received a significant purchase order from a leading manufacturer. Alpex Solar Limited disclosed to the stock exchanges that it has secured a substantial purchase order worth ₹380.52 crore from a reputed manufacturing company.

Expanding Capabilities in Renewable Energy

Alpex Solar Limited (ASL) forayed into the renewable energy space in 2005, initially diversifying into wind power generation as an independent power producer. It subsequently expanded into the manufacturing of solar photovoltaic (PV) panels. Over the years, ASL has emerged as one of the most trusted and reputable manufacturers of solar PV panels in the country.

The promoters, with more than 16 years of industry experience, have developed a deep understanding of market dynamics and cultivated strong relationships with both suppliers and customers. The company’s robust client base includes Luminous Power Technologies Pvt Ltd, Premier Energies Ltd, NTPC Ltd, Tata Power Solar Systems Ltd, Hindustan Aeronautics Ltd, as well as the state governments of Rajasthan, Punjab, Haryana, and Himachal Pradesh.

Additionally, ASL is currently undertaking a significant debt-funded capital expenditure to double its solar module manufacturing capacity. The expansion also includes backward integration initiatives for manufacturing solar cells, panels, and junction boxes. These developments are expected to further enhance the company’s market standing, strengthen revenue visibility, and support margin improvement. That said, timely completion of this capital expenditure project remains a key factor to watch.

 

Market Reaction: Share Price Hit Upper Circuit

As of 11:54 AM on April 23, 2025, the Alpex Solar share price surged to hit the 5% upper circuit limit. 

Read More: Stocks That Hit Circuit Limits On April 22, 2025: Alok Industries, Gensol, and Avalon, Among Others

About Alpex Solar Limited

Incorporated in 1993 and promoted by the Delhi-based Sehgal family, ASL manufactures solar PV modules and AC/DC water pumps, and sets up solar power plants. It also undertakes solar EPC projects. 

Conclusion

This latest order highlights Alpex Solar’s expanding reach and operational capability within the renewable energy space. While this development may be viewed as a positive business milestone. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Good News for Harley-Davidson Lovers: India May Drop Import Tariffs on Luxury Bikes in US Trade Talks

India is reportedly considering a bold economic move—eliminating import tariffs on high-end motorcycles such as Harley-Davidson. This potential shift, currently under negotiation, is viewed as a strategic sweetener in India’s broader trade dialogue with the United States, as reported by Bloomberg.

If implemented, it would mark a significant departure from India’s traditionally protectionist approach to imported automobiles, especially in the luxury segment.

A Follow-Through on Budget 2024

Earlier this year, India signalled its intent to liberalise imports of premium motorcycles through the Union Budget. Duties on bikes with engine capacities above 1,600cc were cut from 50% to 30%, while both semi-knockdown (SKD) and completely knocked down (CKD) units were also offered relief.

The latest development—complete tariff elimination—is a further step in that direction, with potential to reshape the premium two-wheeler market.

What It Could Mean for Harley-Davidson in India

Harley-Davidson exited direct operations in India in 2020 and now operates under a licensing agreement with Hero MotoCorp. Despite the brand’s global appeal, high import duties had previously priced its motorcycles out of reach for many Indian buyers.

Should the tariffs be scrapped, Harley-Davidson may gain the flexibility to relaunch a broader range of models, reduce prices significantly, and scale its dealership network. Price reductions in the range of 20–30% could follow, depending on the model and import route.

Trade Diplomacy on 2 Wheels

This proposed zero-duty structure appears to be more than just a domestic policy move. It is also a diplomatic signal to the United States, especially relevant under the renewed leadership of Donald Trump, who has previously criticised India’s “unacceptable” tariffs on American motorcycles.

By easing this sticking point, India could open the door to smoother trade negotiations across sectors.

Read More: India and US Finalise Terms of Reference to Address Trade Tariff Barriers

Not a Free Ride Just Yet

It’s important to note that even with zero import duty, final retail prices may still be affected by other levies. Goods and Services Tax (GST), along with the Agriculture Infrastructure and Development Cess (AIDC), will continue to apply.

Moreover, logistical challenges like after-sales support, spare parts availability, and expanding the dealership network remain critical for any long-term success in the Indian market.

Conclusion

This move, if finalised, reflects a deeper transformation in India’s trade policy. It shows a willingness to adapt, collaborate, and open up niche markets in pursuit of larger economic and diplomatic gains.

For brands like Harley-Davidson, the road back into India could soon become far more accessible, but success will depend on more than just pricing. Delivering value through experience, reliability, and service will be key.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Lupin Diagnostics Secures Full NABL Accreditation Across Greenfield Labs; Share Price Gains 1.5%

Lupin Diagnostics Limited (LDL), a wholly owned subsidiary of Lupin Limited, has marked a significant achievement by securing 100% NABL (National Accreditation Board for Testing and Calibration Laboratories) accreditation across all its greenfield labs. This move elevates Lupin Diagnostics to the ranks of India’s top fully accredited diagnostic chains.

“This accreditation is a testament to the team’s dedication to patient care and our mission to promote healthier lives. The 27 greenfield labs across the country ensure timely and accurate reporting. Our goal is to empower doctors and patients with evidence-based diagnostics,” said Ravindra Kumar, CEO, Lupin Diagnostics. “We remain committed to enhancing healthcare through continuous improvement and innovation.” 

The NABL accreditation reinforces the diagnostic provider’s focus on delivering reliable, timely, and evidence-based diagnostics to empower doctors and patients alike. This commitment is further supported by their advanced 45,000 sq. ft. National Reference Laboratory in Navi Mumbai, which hosts over 3,000 tests across a broad spectrum of disciplines, including molecular diagnostics, microbiology, cytology, and immunology.

Recognised for Patient-Centric Excellence

Lupin Diagnostics’ dedication has not gone unnoticed in the industry. The company has been honoured with several prestigious awards, such as:

  • Patient-Centric Diagnostic Laboratories Company of the Year at the IHW 3rd Patients First Award 2024,

  • Emerging Diagnostics Chain of the Year at the Diagnostics Innovation and Excellence Award 2024,

  • Pathology Lab of the Year (National Category) at the ET Healthcare Awards in both 2022 and 2024.

These recognitions highlight the organisation’s growing influence and commitment to patient-focused diagnostics in India’s rapidly evolving healthcare ecosystem.

Read More: Lupin Arm Acquires UK-Based Renascience Pharma for ₹135 Crore

Other Notable Developments at Lupin

While Lupin Diagnostics celebrated its nationwide accreditation, the parent company, Lupin Limited, also shared two other key developments:

US FDA Establishment Inspection Report for Nagpur Injectable Facility

On April 17, 2025, Lupin received an Establishment Inspection Report (EIR) from the US FDA for its injectable facility in Nagpur. The report followed a successful inspection of the company’s drug-device combination product manufacturing capabilities conducted in June 2024. This marks a significant regulatory milestone, reinforcing Lupin’s capabilities in complex generics and drug-device integrations.

Update on Mirabegron Patent Litigation in the US

Separately, Lupin reported an update on its ongoing patent litigation in the US regarding its generic version of Mirabegron. On April 15, 2025, the United States District Court for the District of Delaware ruled in favour of Astellas Pharma, upholding the validity of its U.S. Patent No. 10,842,780. However, the court has scheduled a consolidated jury trial in 2026 to address further questions around patent infringement and damages. Lupin stated that the ruling currently has no material financial implications and the company remains confident in its legal position.

Share Price Response

As of 11:35 AM on the day of the announcement, Lupin share price was trading higher by 1.55%, indicating a positive response to the NABL accreditation news and ongoing regulatory transparency.

Conclusion

Lupin is strategically concentrating on broadening its range of medications, developing intricate generic drugs, and increasing its research and development activities. Recent actions include launching new treatments for diabetes, gastrointestinal issues, skin conditions, and vaccines, along with pursuing strategic partnerships to strengthen its operations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

MeitY Internship 2025: Everything You Need to Know About the Digital India Internship Scheme

The Ministry of Electronics and Information Technology (MeitY) has introduced the Digital India Internship Scheme 2025. This initiative offers undergraduate and postgraduate students the opportunity to gain practical experience in areas like cybersecurity, digital infrastructure, public policy, and emerging technologies. The internship takes place in New Delhi and is a blend of physical and virtual engagement, depending on approval.

Key Highlights of the Programme

Feature Details
Organising Body Ministry of Electronics and Information Technology (MeitY)
Location Electronics Niketan, New Delhi – 110003
Duration 2 months (extendable to 3 months)
Mode Physical, hybrid/virtual on approval
Stipend ₹10,000 per month (paid upon completion)
Last Date to Apply April 24, 2025
Total Internship Slots 29

Who Can Apply?

General Eligibility

  • Must be an Indian citizen.

  • Should be enrolled in or recently graduated from a recognised Indian institution.

  • A minimum of 60% marks in the most recent qualifying exam is mandatory.

Course-wise Eligibility

Internship Domain Eligible Courses
Technical domains (1–21 slots) B.E/B.Tech, M.E/M.Tech in CS/IT/EC/Electronics/Electrical, MCA, M.Sc., DOEACC B
Public Policy & Law (Slot 22) LL.B
Economics & Digital Economy (Slot 23) Bachelor’s in Economics or Statistics

Note: Final-year students who will graduate in summer 2025 are not eligible. Only those who have one academic year remaining can apply.

Internship Domains and Slot Distribution

A total of 29 slots are available across various domains, including:

  • Digital Forensics

  • App and Mobile Security

  • Machine Learning & AI Security

  • Cryptography & Cybersecurity Certification

  • Cloud Computing

  • National Digital Infrastructure (NKN/SWAN)

  • Generative AI in Policy

  • Blockchain, Web 3, and Quantum Tech

  • Content Writing, Graphic Design, and Video Editing

  • Public Policy and Digital Economy

Each domain typically offers 1 or 2 internship slots.

Read More: Government Signs MoU with Swiggy to List Gig Jobs on NCS Portal.

How to Apply: Step-by-Step Process

Step 1: Register on the Portal

Step 2: Complete the Application

  • Log in and fill out your academic and personal details.

  • Choose your preferred domain.

  • Upload required documents, including CV, academic transcripts, and a recommendation or sponsorship letter.

Step 3: Submit and Track

  • Ensure all details are correct before submission.

  • You can track your application status through the portal.

How Are Interns Selected?

Selection is carried out by respective departments within MeitY and is based on:

  • Academic performance

  • Domain expertise

  • Interest in relevant areas

  • Recommendation from the educational institute

Some applicants may be called for an interview via Zoom or Skype.

Internship Duration and Working Conditions

  • Tenure: 2 months, extendable to 3 months

  • Work Timings: 9:00 AM – 5:30 PM, Monday to Friday

  • Mode: Primarily physical in Delhi, with possible virtual approval

  • Accommodation: Not provided

  • Library Access: For reference only

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bharat Startup Grand Challenge 2025: DPIIT and Stride Ventures Honour Plastics for Change with Potential ₹10 Crore Support

The Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Startup India and Stride Ventures, has officially announced the winner of the Bharat Startup Grand Challenge 2025. This initiative is designed to recognise and empower high-impact startups rooted in the Indian ecosystem.

After receiving over 120 applications from 22 states in just 30 days, the organisers selected Buoyancy Plastics for Change Recycling Private Limited as the standout winner. The contest featured entries from startups operating in vital sectors such as sustainability, fintech, and e-mobility.

Spotlight on the Winner: Plastics for Change

Founded in 2015, Plastics for Change is on a mission to transform how India recycles plastic. The company has built a Fair Trade verified recycled plastics supply chain, focusing on ethical sourcing and aggregation of plastic waste.

Its key products include rPET (recycled polyethylene terephthalate), rHDPE (recycled high-density polyethylene), and rPP (recycled polypropylene)—materials in high demand by recycling units across India. The startup stands out for integrating informal waste collectors into the formal economy, thereby creating both environmental and social impact.

With a current plastic collection capacity of over 20,000 tonnes, Plastics for Change is now well-positioned to deepen its role in India’s growing circular economy.

Stride Ventures Steps In with Capital and Mentorship

Stride Ventures, India’s largest venture debt fund, announced that it would invest up to ₹10 crore in the winning startup, subject to due diligence. In addition to capital, the startup will benefit from mentorship, market access, and global networking opportunities through Stride’s extended ecosystem.

Stride Ventures has a notable track record, having committed over $1 billion to more than 170 startups in the past five years. With operations now extended to Singapore, Abu Dhabi, Riyadh, and London, Stride’s support gives Indian startups a gateway to global expansion.

Earlier this year, Stride formalised its collaboration with DPIIT via a memorandum of understanding (MoU), underlining its commitment to scale Indian innovation both domestically and internationally.

Read More: Stages of Funding a Startup. 

Conclusion: A Landmark First Edition with Promising Impact

This marks the first edition of the Bharat Startup Grand Challenge by Stride Ventures, showcasing a growing interest in supporting ventures aligned with sustainability and circularity. Through initiatives like these, DPIIT and its partners aim to foster a robust startup ecosystem that addresses critical environmental challenges while creating inclusive growth opportunities.

The outcome of this challenge reaffirms the potential of Indian startups to deliver innovative, scalable, and socially impactful solutions with the right institutional support.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.