Download IPFS A 2021 report from NITI Aayog, the Indian government’s policy think tank, has recently resurfaced, highlighting a key recommendation that the retail price of ethanol-blended petrol should be lower than conventional petrol. The report, titled “Roadmap for Ethanol Blending in India 2020-25,” suggested this pricing strategy to compensate[Read More…]

Download IPFS The Delhi Metro Rail Corporation (DMRC) achieved its highest-ever single-day ridership on August 8, 2025, recording 81,87,674 passenger journeys across all metro lines. The surge in commuters was driven largely by travel on the eve of Raksha Bandhan, surpassing the previous record of 78,67,000 journeys set on November[Read More…]

Download IPFS India has reportedly paused its purchases of Russian crude oil on the spot market, a move that comes amid escalating trade tensions with the United States. Following the imposition of a 50% tariff on Indian exports by the U.S. President Donald Trump, Indian state-owned refiners are said to[Read More…]

Download IPFS Manappuram Finance Ltd. has reported a steep decline in its first-quarter consolidated net profit, which fell by 75% year-on-year to ₹138.8 crore. The significant slump was primarily attributed to a sharp rise in provisions and a deterioration in the company’s asset quality. The results for the April-June quarter[Read More…]

Download IPFS In a significant development for the automotive and heavy-vehicle components industry, the Competition Commission of India (CCI) has approved the acquisition of AAM India Manufacturing Corporation by Bharat Forge. This approval, finalized after a rare and detailed ‘Phase-II’ investigation, was granted with voluntary modifications and behavioral commitments from[Read More…]

Download IPFS The Navi Mumbai International Airport (NMIA) is on the verge of a major milestone, with the Directorate General of Civil Aviation (DGCA) expected to grant its aerodrome license by the end of August. This crucial regulatory approval paves the way for the airport, developed by Adani Airports Holdings[Read More…]

Download IPFS The Indian economy could face a significant slowdown, with its GDP growth potentially being dented by as much as 80 basis points if the recently imposed 50% tariffs by the United States remain in place for an extended period. This stark warning comes from a new report by[Read More…]

Download IPFS The Government e-Marketplace (GeM), India’s public procurement portal, is poised for a major transformation with the introduction of a global tender feature by the end of the year. This strategic move, which comes in response to India’s recent Free Trade Agreements (FTAs), will allow government ministries and departments[Read More…]

Download IPFS Life Insurance Corporation of India (LIC) has announced a solid financial performance for the first quarter of fiscal year 2026, reporting a 5% year-on-year growth in its standalone net profit to ₹10,987 crore. The state-owned insurance giant’s results, released on August 7, 2025, were driven by robust growth[Read More…]

Download IPFS Reliance Industries, India’s largest private sector enterprise, is ramping up its investment and innovation in its consumer-facing businesses, with a particular focus on its retail and telecom divisions. This strategic push, detailed in the company’s latest annual report for FY25, highlights a commitment to leveraging technology and capital[Read More…]