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DOMESTIC PRODUCTION
PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
Bharat Forge bags Rs 425 crore Ministry of Defence contract for Navy generatorsThe Ministry of Defence has awarded Bharat Forge Ltd a Rs 425 crore contract for 12 Marine Gas Turbine Generators for the Indian Navy. This...
Rajnath Singh performs Bhoomi Pujan for 10,000-ton aluminium extrusion press, stresses defence self-relianceDefence Minister Rajnath Singh initiated a new Aluminium Extrusion Press project in Nagpur. This facility will boost India's defence manufa...
India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber itemsIndia has launched an anti-dumping investigation into Resorcinol imports from China and Japan. This action follows a complaint alleging tha...
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRIIndia's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties o...
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...
Indian crypto traders are moving to futures. Here's where the math actually worksWazirX Futures brings direct INR access, the lowest fees in the domestic market, and built-in risk guardrails to a segment that has quietly...
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify fasterGlobal economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...
India’s defence output more than doubles in five years, hits record Rs 1.78 lakh croreIndia's defence production has hit a record Rs 1.78 lakh crore in the financial year 2025-26. This marks a significant 15.6 percent jump fr...
How India can win in a rewired global economyIndia is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. The nation must build robust buff...
Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
Finalising NFL's tender to import 17 lakh tonnes of urea; stock comfortable for Kharif season: GovernmentIndia is securing vital fertilizer supplies for the ongoing Kharif season. The government is finalizing imports of 17 lakh tonnes of urea t...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...