Download IPFS Indian benchmark equity indices saw declines in early trade on Friday, July 18, 2025, primarily weighed down by significant outflows from foreign funds and a notable sell-off in banking stocks, particularly Axis Bank. This downturn marks a cautious start to the trading day for the broader market. The[Read More…]

Download IPFS Jio Financial Services Limited (JFSL), a part of the Reliance Group, announced on Friday, July 18, 2025, that it has entered into a binding agreement with Germany’s Allianz Group to form a 50:50 reinsurance joint venture in India. This strategic partnership marks a significant step for both entities,[Read More…]

Download IPFS Reliance Retail, a subsidiary of Reliance Industries Limited, announced on Friday, July 18, 2025, its acquisition of the iconic home appliance brand Kelvinator for India from Sweden’s Electrolux. While the financial specifics of the deal were not disclosed by Reliance Retail, Electrolux’s earnings update revealed a gain of[Read More…]

Download IPFS As India and the United States continue negotiations for a proposed Bilateral Trade Agreement (BTA), former Reserve Bank of India (RBI) Governor Raghuram Rajan has cautioned India to approach the discussions with “very careful and clever” strategies, particularly concerning the agriculture sector. His remarks come after the conclusion[Read More…]

Download IPFS Nayara Energy’s refinery at Vadinar, Gujarat, has become the first Indian entity in the energy sector to be directly impacted by Western sanctions targeting Russia. On Friday, July 18, 2025, the European Union (EU) announced fresh curbs on Russian oil exports, specifically designating the refinery and signaling a[Read More…]

Download IPFS In a move aimed at expanding India’s export footprint, Commerce and Industry Minister Piyush Goyal held a high-level virtual meeting this week with Indian missions across more than 100 countries. The goal: to strengthen trade relationships, open new markets, and support domestic exporters in navigating global challenges. The[Read More…]

Download IPFS Jane Street, a prominent U.S.-based proprietary trading firm known for its global market operations, is under regulatory scrutiny in India over its trading practices. The firm’s operations are being examined by the Securities and Exchange Board of India (SEBI) for possible violations related to algorithmic trading and offshore[Read More…]

Download IPFS India and the United Kingdom are set to sign a long-anticipated Free Trade Agreement (FTA) as early as next week, according to senior officials familiar with the negotiations. The deal, in discussion since January 2022, aims to reduce tariffs, open new market access, and strengthen economic cooperation between[Read More…]

Download IPFS After years of anticipation, India’s long-delayed low-carbon development strategy is finally expected to gain traction. Initially presented at the 2022 United Nations Climate Change Conference, the Long-Term Low-Carbon Development Strategy (LT-LEDS) could soon become a policy foundation as the country works toward its 2070 net-zero emissions goal. This[Read More…]

Download IPFS The global trade landscape is currently being reshaped by the United States’ (US) evolving tariff strategies. This presents a unique “moment” for India, positioning it as a potential beneficiary amidst shifting supply chains and renewed trade negotiations. India is actively responding to existing US tariffs on goods, such[Read More…]