BUSINESS
INDUSTRY
India now 3rd largest vehicle manufacturer: Nitin Gadkari
Union Minister for Road Transport and Highways Nitin Gadkari today said that India is the third-largest vehicle manufacturer in the world now. Mr Gadkari made these remarks while addressing the…
India’s MSMEs Need Urgent Policy Intervention: NITI Aayog
R. Suryamurthy A new NITI Aayog report released today pinpoints the urgent need for sweeping reforms to unlock the stifled potential of India’s MSMEs. “Enhancing Competitiveness of MSMEs in India,”…
TRAI releases Pre-Consultation Paper on “Review of Tariff for Domestic Leased Circuits (DLCs)”
The Telecom Regulatory Authority of India (TRAI) has today released a Pre-Consultation Paper on “Review of Tariff for Domestic Leased Circuits (DLCs)” seeking inputs from stakeholders. To facilitate this review,…
Industrial Growth Falters: FY25 Expansion Slows to Four-Year Low
R. Suryamurthy While official figures released today indicate a marginal uptick in India’s industrial production to 3.0 percent in March 2025, a closer examination of the data reveals a more…
Pahalgam Terror Attack Derails Kashmir’s Tourism Comeback
R. Suryamurthy A devastating terrorist attack on tourists in Pahalgam, Kashmir, on April 22nd, 2025, resulting in at least 28 deaths and numerous serious injuries, has triggered a severe crisis…
ECONOMY
STOCK MARKET
Trade agreement between US, UK elevates US stocks
US stocks ended higher on Thursday as investors cheered new trade agreement between the United States and Britain, while US President Donald Trump signalled upcoming talks with China would be…
Domestic markets down amid escalating tension between India and Pakistan
The benchmark domestic equity indices today ended 1.1 percent down amid escalating geopolitical tensions between India and Pakistan. The 30-share index at the Bombay Stock Exchange, Sensex, shed 880 points…
FPIs Return to Indian Equities with ₹4,223 Crore Inflow in April
After three months of net withdrawals, foreign investors pumped in over 4,200 crore rupees into the Indian equity market in April. According to the data, Foreign Portfolio Investors, or FPIs,…
Markets May 5: Sensex gains 294 pts, Nifty at 24,461; Adani shares shine, banks slip
The benchmark domestic equity indices today ended in a positive note, up by buying across all sectors barring banking. The 30-share index at the Bombay Stock Exchange, Sensex, climbed 295…
Services Sector Powers India’s Export Growth to $824.9 Billion in 2024–25
R. Suryamurthy Defying the drag of intensifying global trade tensions, India’s total exports surged to an all-time high of US$824.9 billion in the financial year 2024–25, up 6.01% from US$778.1…
TRADE
US-China Trade Truce Poses Challenge to India’s Export Ambitions
R. Suryamurthy The 90-day trade truce between the United States and China could deliver a blow to India’s aspirations of becoming a more prominent alternative supplier to the US market,…
Trump’s Drug Price Cut Order Jolts Indian Pharma Sector
R. Suryamurthy US President Donald Trump’s announcement of a sweeping executive order to slash prescription drug prices by 30-80% has sent shockwaves through the Indian pharmaceutical sector, a major exporter…
Sonowal Reviews Key Maritime Projects in Mumbai
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal conducted extensive review meetings with officials in Mumbai yesterday. Considering the prevailing situation, the Union Minister took stock of key maritime…
10th International Trade Fair begins in Nepal
The ongoing 10th International Trade Fair organised in Bhrikutimandap was inaugurated by the Commerce Minister of Nepal, Damodar Bhandari. The five-day-long fair has 120 pavilions across Nepal, China, Ukraine, Bangladesh…
OPEC+ boosts oil production again for June
OPEC+ has agreed to boost oil production by 411,000 barrels per day in June, marking the second month in a row of increased output. This decision comes despite falling oil…