·       International Solar Alliance eyes local currency financing to check exchange-rate volatility https://bit.ly/4jcxVUY ·       Defence Ministry inks ₹500-cr pact with Cochin Shipyard for refit and re-powering of INS Betwa https://bit.ly/48O5I0D ·       UAE firms to invest in food processing in Andhra Pradesh https://bit.ly/4zbApaT…

According to SBI Research, India's economic activity remained robust during July–September 2026, supported by manufacturing, services, corporate profitability and accelerating bank credit. India's economy could grow faster than the Reserve Bank of India's (RBI) projections in the September quarter, with SBI Research forecasting GDP expansion of 7.8%, against the central bank's estimate of 7.2%. Separately, Moody's Ratings has upgraded India…

  GIFT City is positioning itself as a hub for global and regional treasury operations, allowing companies to centralise group-level financial activities through an entity operating within the IFSC State-owned Steel Authority of India Ltd (SAIL) and pharmaceutical major Zydus Group have applied to set up global treasury centres at Gujarat International Finance Tec-City (GIFT City), adding to the growing list of Indian corporates looking to c…

·       India on track to achieve $1 trillion export target this fiscal, says Piyush Goyal https://bit.ly/48asG20 ·       European carmakers may set up manufacturing units in India soon: Goyal https://bit.ly/48d34kV ·       Bharat Mobility 3.0 to see 50 countries, 1,750+ exhibitors on February 4-9, 2027 https://bit.ly/4k58oxW ·&nb…

Non-metro urban markets added 389,401 registrations in January-October, outpacing metros and rural India in absolute growth despite a sharper decline in October Smaller cities and towns have emerged as the biggest contributors to India's passenger vehicle (PV) market expansion this year, accounting for more than half of the incremental registrations between January and October 2026, even as rural India recorded the fastest growth in percentage te…

·       Modi assures Zelenskyy of India’s readiness to contribute to resolution of Russia-Ukraine conflict https://bit.ly/4sRNxQT ·       HSBC upgrades India to Overweight, cuts China to Neutral; Citi, Jefferies also favour Indian equities https://bit.ly/4zf6O0q ·       Adani Ports, MEIL and Vishwa Samudra in race for ₹11,733-cro…

  The three companies are competing for the Outer Harbour infrastructure contract at Thoothukudi port, which will be executed under the Hybrid Annuity Model Adani Ports and Special Economic Zone Ltd, Megha Engineering and Infrastructure Ltd (MEIL) and Vishwa Samudra Engineering Pvt Ltd are in the race to secure the ₹11,733-crore outer harbour infrastructure project at VO Chidambaranar (VOC) Port in Thoothukudi.....

BHEL, Ashoka Buildcon, Highway Infra and Jupiter Wagons secured Rs 29,000 crore-plus orders; review key deals and investor cues.   Infrastructure and capital goods companies continued to secure major orders this week. Ashoka Buildcon, Highway Infrastructure, Bharat Heavy Electricals (BHEL) and Jupiter Wagons among others announced fresh project wins and contracts across highways, defence infrastructure, thermal power and railways. Together, …

  The IOB Digital Rupee app offers a secure, user-friendly mobile wallet for instant P2P and P2M transactions, the bank announced Indian Overseas Bank (IOB) on Monday launched its Central Bank Digital Currency (CBDC) application (IOB Digital Rupee), enabling customers to transact conveniently using India’s Digital Rupee (e₹) through a secure and seamless digital payment mobile application.....

·       AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan https://bit.ly/4sOvXgQ ·       Fresh liquor licences on hold till 2026-27 policy is framed: Excise order https://bit.ly/4kEuhnU ·       Bright Outdoor Media moves to BSE, NSE main boards, eyes expansion in digital a…

Muhurat trading time: BSE and NSE will hold Muhurat trading from 2:20 PM to 3:30 PM. A 15-minute pre-opening session will take place from 2:05 PM to 2:20 PM. Muhurat trading time on Diwali: Indian stock exchanges will open today for a special trading session. Both the exchanges NSE and BSE will hold a Muhurat trading session to mark Diwali..... More https://bit.ly/4zygyE1 Via business-standard.com

Jefferies' Christopher Wood has raised India's weight in his Asia-Pacific ex-Japan portfolio to 14%, while cutting allocations to South Korea and Taiwan. The shift comes amid a sharp sell-off in AI-linked semiconductor stocks and growing concerns that the global AI spending boom may be nearing its peak. Global brokerage Jefferies has increased India's allocation in its Asia-Pacific ex-Japan model portfolio to 14%, while reducing exposure to South…

India's primary market raised a record ₹2.23 trillion through 375 IPOs in Samvat 2082, with mainboard issues accounting for ₹2.12 trillion and SME offerings for the rest. The primary market raised a record ₹2.23 trillion through 375 mainboard and small and medium enterprise (SME) initial public offerings (IPOs), with 230 of them listing above their issue prices. Mainboard IPOs raised a record ₹2.12 trillion through 131 issues during Samv…

The NSE launched live EGR trading on November 6, 2026, in collaboration with Augmont Enterprises Limited. The segment recorded turnover of ₹23.34 crore on its opening day, with approximately 1.60 lakh units traded by 4:25 PM. Investors buying gold through the National Stock Exchange's (NSE) newly launched Electronic Gold Receipts (EGR) segment can convert their electronic holdings into physical gold, subject to applicable redemption rules. The …

  FPIs pump $4.11 billion into Indian equities, making India emerging markets’ top destination The Indian equity market has been on a roll in the first week of November, with the Nifty50 rising 8.58 per cent. The rally has been largely driven by foreign portfolio investors (FPIs), who have made net investments of $4.11 billion in this period, making India the top recipient of foreign equity inflows among emerging markets.....

Trai proposes a new framework enabling satellite networks to provide direct-to-device connectivity in India, allowing telecom operators to enhance coverage using shared satellite infrastructure and existing spectrum bands.   In a move that could change the way satellite communication services are delivered in the country, the Telecom Regulatory Authority of India (Trai) has proposed allowing telecom operators to use satellite networks to pro…

The proposed joint venture will acquire at least 20 per cent in IREO India companies and hold about 40 per cent economic interest, with closing expected during 2027 DLF Limited, India’s largest real estate company by market capitalisation, and Singapore-based investment manager Everstone Group have signed a binding and exclusive term sheet to form a joint venture (JV) to invest in IREO Private Limited and other group companies in India, the…

  The latest auction covers minerals vital to clean energy, electric mobility, defence, aerospace and advanced manufacturing, alongside fresh exploration opportunities The Ministry of Mines has launched the ninth tranche of the auction of critical and strategic mineral blocks, putting 20 blocks across eight states on offer, as the government steps up efforts to strengthen domestic mineral availability and encourage private sector participati…

·       NPCI says MDR charge imposed to save UPI ecosystem from turning ouroboric https://bit.ly/4iIinHd ·       From militancy to midnight football: South Kashmir’s Anantnag witnesses changing times https://bit.ly/3UymhKL ·       Cloud service providers anticipate clientele growth as DPDP deadline draws closer https://bit.ly/4ix4E…

India approves Rs 14,500 crore VGF for 92 GWh energy storage with 40% domestic content rules; see which PSP and BESS players may gain. The Union Cabinet has approved a Viability Gap Funding (VGF) scheme worth Rs 14,500 crore to support the development of 92 GWh of grid-scale energy storage capacity between FY27 and FY31...... More https://bit.ly/47VuuvB Via financialexpress.com

The initiative is intended to encourage wider UPI adoption and improve the overall experience for Indian visitors to Dubai. Indian travellers shopping at Dubai Duty Free can now receive a 10% discount, capped at AED 100, when paying through UPI, under a new offer announced by NPCI International Payments Limited (NIPL) on November 5, 2026. The initiative aims to make overseas payments more familiar for Indian visitors while expanding UPI’s…

  The proposed changes seek to prevent substandard medicines from remaining in circulation while manufacturers address quality failures and regulatory concerns India has proposed rules requiring regulators to immediately suspend manufacturing licences for medicines that fail specified quality standards in government testing, tightening oversight of one of the world’s biggest pharmaceutical industries.....

·       Rajnath Singh advocates supply chain diversification at Indo-Pacific Regional Dialogue amid west Asia crisis https://bit.ly/4iuY8MY ·       CEOs commit $400 billion on India’s clean energy push: Pralhad Joshi https://bit.ly/4eg6wPb ·       Cabinet approves scheme to promote processing of critical minerals https://bit.ly/4zo…

Emirates is bringing the sparkle and spirit of Diwali to the skies, celebrating the Hindu festival of lights with traditional Indian delicacies, festive dining experiences and a world of entertainment. On 7 and 8 November, customers travelling between Dubai and nine Indian destinations - Ahmedabad, Bengaluru, Kochi, Chennai, Delhi, Hyderabad, Thiruvananthapuram, Kolkata and Mumbai, can enjoy special Diwali sweets across all cabin classes while se…

The company will upgrade its Mumbai and Bengaluru research hubs and invest €5 million over five years in a Bio-Futures platform linking Unilever with India's bioscience ecosystem Global fast-moving consumer goods major Unilever will invest an additional €35 million in its research and development capabilities in India to transform its two R&D hubs in Mumbai and Bengaluru into next-generation research and innovation centres, while al…

The launches expand India’s indigenous AI ecosystem, with applications spanning government, defence, education, industry, banking, financial services and cybersecurity New Delhi Indian artificial intelligence (AI) startups Soket Labs Technology and Research and ZenteiQ AiTech Innovations have launched indigenous foundation models under the IndiaAI Mission that support multiple Indian languages and can also work offline, without any Internet…

·       Budget FY28: Govt eyes ease of trade over sweeping customs duty cuts https://bit.ly/48CZiBn ·       India will never allow imports of genetically modified products: Goyal https://bit.ly/48xgRTs ·       India aims for ₹3 lakh cr defence production, ₹50,000 cr exports by 2029: Rajnath Singh https://bit.ly/3UwBax8 · …

Goyal also said that dairy sector is 'very sensitive' in the country and India has never given any duty concessions in any free trade agreement in this sector Commerce and Industry Minister Piyush Goyal on Tuesday said India has never allowed imports of any genetically modified (GM) products and would not do so in the future, as it is a "very sensitive" issue..... More https://bit.ly/48xgRTs Via business-standard.com

Adani Airports CEO Arun Bansal’s remarks bring talks of the Adani Group's potential entry into the airline business back into focus, amid its push for changes to existing rules   India needs a third strong national airline alongside IndiGo and Air India to serve its growing aviation market, said Arun Bansal, CEO of Adani Airport Holdings Ltd (AAHL). Speaking at the Aviation India Summit, Bansal said: “I consider IndiGo and Air…

  Long-haul business could lead group growth; airline strengthens overseas sales and rebalances hubs Tata Group-led Air India is prioritising regaining market share on international travel to and from India, while building its transit business in parallel, as the airline prepares for its next phase of growth.....

·       HPCL says fire at Visakhapatnam refinery controlled, no damage to units https://bit.ly/4iUSQM4 ·       Cipla tops drug overcharging dues with ₹3,576 crore; J&J, Ranbaxy among top five https://bit.ly/4yWdqjU ·       Mainboard IPO fund-raise up 30% to ₹84,400 crore in H1 https://bit.ly/4A453Up ·   &nbs…

Railway Minister Vaishnaw said India is preparing to take its indigenous trainsets to global markets, and has already begun exporting railway components to countries like Germany, France and US India plans to begin exporting complete Vande Bharat trains to international markets within the next three to four years, Railway Minister Ashwini Vaishnaw said on Sunday..... More https://bit.ly/4ixaPqw Via business-standard.com

The recommendations come months ahead of the Union Budget, scheduled to be presented in February. However, the proposals are not binding, and the final decision rests with the government, the report noted. Markets regulator Securities and Exchange Board of India (Sebi) has recommended that the government remove the long-term capital gains (LTCG) tax imposed on foreign investors, news agency Reuters reported, citing sources..... More https://…

  The expansion comes amid rising infrastructure and housing demand, with cement makers investing in plants and grinding units across regional markets. Ambuja Cements said on Monday it would invest ₹14,500 crore ($1.53 billion) to increase its cement capacity to 155 million metric tonnes per annum by fiscal 2030.....

·       Ashwini Vaishnaw reviews Bharat-made B28 bullet train manufacturing at BEML https://bit.ly/4izww9C ·       Railway Minister flags off Bengaluru-Mumbai Vande Bharat Sleeper Express https://bit.ly/4ySxDY4 ·       GST collections surge to ₹2.32 lakh crore in October https://bit.ly/4f5R1cR ·     &nbs…

Regional brands and value challengers are reshaping India’s FMCG market and challenging established giants. India’s FMCG giants are no longer fighting just each other, they are fighting a new generation of challengers rewriting the rules of the game. Regional brands, local manufacturers and value-focused players are winning consumers with sharper pricing, stronger local connect and products tailored to regional tastes. Meanwhile, shif…

  The additional allocation comes ahead of the festival season, giving State governments more resources to meet development and expenditure requirements. The Centre on Saturday released additional instalment of tax devolution to state governments totalling over Rs 1.09 lakh crore. Finance Minister Nirmala Sitharaman in a post on X said the second additional instalment this financial year is supported by stronger economic activity and buoyant…

Following Vikram-1's maiden orbital launch in July, Skyroot plans to begin commercial operations in early 2027 and scale up to one rocket launch a month by the end of next year Hyderabad-based space-tech startup Skyroot Aerospace is preparing to begin full-fledged commercial launch operations in the first quarter of calendar year 2027, as it looks to tap growing global demand for dedicated satellite launch services, according to co-founder Naga B…

Maruti Suzuki leads India's electric car exports with over 50,000 EVs shipped to nearly 50 countries. Discover how the e Vitara and Gujarat plant are powering its global EV success. Maruti Suzuki is rewriting India's electric vehicle export story! While Tata Motors, Mahindra and MG dominate much of the conversation around domestic EV sales, Maruti Suzuki has raced ahead internationally. The company has exported more than 50,000 electric vehicles …

  Investments were also more than double the $7.6 billion recorded in the June quarter; the number of deals fell 9% year-on-year to 348 from 384 Private equity and venture capital (PE/VC) investments in India jumped 46 per cent year-on-year to $17.1 billion in the September quarter, driven largely by a sharp increase in big-ticket deals and investments in infrastructure, according to the latest IVCA-EY report......

The scheme aims to raise India's annual container manufacturing capacity nearly tenfold to 750,000 TEUs, create jobs and reduce reliance on imports The Union Cabinet on Wednesday approved the ₹10,000 crore Container Manufacturing Promotion Scheme (CMPS) to boost domestic production of shipping containers and reduce dependence on imports. The scheme aims to increase India's annual container manufacturing capacity nearly tenfold, from around 70,0…

The opposition's demonstration against alleged irregularities in the functioning of the Election Commission and the is slated to take place from 10 am to 5 pm on November 1. The Chamber of Trade and Industry (CTI) on Friday wrote to Congress Parliamentary Party chairperson Sonia Gandhi, urging the grand old party to reschedule the INDIA bloc's rally against the Election Commission and the ongoing nationwide Special Intensive Revision (SIR) of ele…

  India is on track to achieve or even exceed $1 trillion in exports this financial year, provided the current pace of trade continues India is on track to achieve or even exceed $1 trillion in exports this year if the current pace of trade continues, Chief Economic Advisor V Anantha Nageswaran said, citing trade figures of around $480 billion in the first six months.....

·       PNB assures customers of genuine claim settlements after ₹11.24-crore fraud allegations https://bit.ly/3WfOgzf ·       IDBI Bank sale: DIPAM explains second bidding round and valuation methodology https://bit.ly/47PZwoB ·       India Post, UTI Mutual Fund expand doorstep KYC services across India https://bit.ly/4A1a9kk ·…

·       Prime Minister to inaugurate Bharat Renewable Energy Summit 2026 https://bit.ly/4iMnc3i ·       FM spars with Rahul after his ‘Tata Group being criminally destroyed’ remark https://bit.ly/4BMR6My ·       Gautam Adani explores €3 billion acquisition of Dutch energy storage group VTTI https://bit.ly/4yUfdGl ·…

The government is considering widening pension funds’ investment universe from the top 250 to as many as 500 listed companies, alongside greater flexibility to invest in lower-rated corporate debt and alternative assets. The proposed changes could create new opportunities to grow retirement savings over the long term, while exposing pension funds to a broader range of investment risks. India’s $180-billion pension pool could expand it…

  Jio’s current valuation at over ₹12.5 lakh crore pushes Reliance Group’s combined market value past ₹30 lakh crore, surpassing Tata Group’s ₹25 lakh crore valuation Jio Platforms Ltd’s blockbuster stock market debut has propelled the digital company as well as its parent Reliance Industries Ltd into rarified air. It also helped Mukesh Ambani’s conglomerate topple Tata Group as India’s largest congl…

·       Jio to make trading debut after record $3.2 billion IPO https://bit.ly/4sqgy66 ·       Delhi may raise agricultural land circle rates to ₹5 crore per acre https://bit.ly/3U5JwM1 ·       India could have achieved over 8% GDP growth without external shocks: RBI Deputy Governor https://bit.ly/48hOuZl ·   &nbs…