Download IPFS India and New Zealand are set to hold the third round of negotiations for a proposed Free Trade Agreement (FTA) in September, signaling a renewed push to deepen economic ties between the two nations. This follows the successful conclusion of the second round of talks in New Delhi[Read More…]

Download IPFS India is projected to sustain a healthy real Gross Domestic Product (GDP) growth rate of 6% to 6.5% year-on-year in Fiscal Year 2025-26, according to a recent report by Swiss financial services firm UBS. This optimistic outlook comes despite potential pressures from global tariff dynamics and reflects India’s[Read More…]

Download IPFS Kotak Mahindra Bank reported a significant decline in its consolidated net profit for the first quarter of the current fiscal year, largely due to a combination of rising non-performing assets (NPAs) and elevated provisions. For the quarter ending June 30, 2025, the bank’s consolidated net profit stood at[Read More…]

Download IPFS IDFC First Bank reported a 32% decline in its net profit for the first quarter of the current financial year, reaching ₹463 crore. The Mumbai-based private sector lender, in a regulatory filing on Saturday, attributed the substantial drop primarily to increased provisions stemming from stress in its microfinance[Read More…]

Download IPFS Following the recent signing of a landmark Free Trade Agreement (FTA) with the United Kingdom, India’s Commerce and Industry Minister, Piyush Goyal, has outlined the next critical step: enhancing the capacity of local industries to fully leverage these new trade opportunities. Goyal underscored the government’s commitment to ensuring[Read More…]

Download IPFS India is seeing initial signs of renewed economic engagement with China, with Finance Minister Nirmala Sitharaman indicating a cautious willingness to explore greater market access and interactions. While acknowledging calls from domestic stakeholders for increased business opportunities, Sitharaman emphasized that any such steps would require a “sense of[Read More…]

Download IPFS Petronet LNG Limited, India’s largest importer of liquefied natural gas (LNG), announced a significant 25% decline in its consolidated net profit for the first quarter of the fiscal year 2025-26. For the period ending June 30, 2025, the company reported a consolidated net profit of ₹824.44 crore, a[Read More…]

Download IPFS India has made it clear to the United Kingdom that it reserves the right to implement countermeasures if the UK’s proposed Carbon Border Adjustment Mechanism (CBAM) negatively impacts Indian exports. This firm stance was conveyed amidst the recent signing of a Free Trade Agreement (FTA) between the two[Read More…]

Download IPFS Tata Sons, the holding company of the Tata Group, has established a new, dedicated hospitality asset platform aimed at significantly bolstering the growth trajectory of its hospitality subsidiary, Indian Hotels Company Limited (IHCL). This strategic move, a first of its kind within the Tata Group’s hospitality operations, will[Read More…]

Download IPFS India’s Commerce and Industry Minister, Piyush Goyal, on Friday, July 25, 2025, expressed strong optimism regarding the conclusion of a trade deal with the United States, even as discussions continue to navigate complex issues. Speaking from London, where he had just participated in the signing of a landmark[Read More…]