Download IPFS India’s apparel exporters are raising concerns and appealing to the government for help after the United States announced a new 25% tariff on Indian textile and apparel products. The new tariffs, set to take effect on August 7, place Indian exporters at a significant disadvantage compared to key[Read More…]

Download IPFS Asset Reconstruction Company (India) Ltd (ARCIL), the nation’s first and oldest asset reconstruction company (ARC), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The move initiates the process for an initial public offering (IPO) that will see several of[Read More…]

Download IPFS In a strategic move to address trade imbalances, India is significantly increasing its energy imports from the United States. This surge in purchases follows a February agreement between President Donald Trump and Prime Minister Narendra Modi, where both leaders committed to expanding energy cooperation. The substantial increase in[Read More…]

Download IPFS In a significant development in the ongoing investigation into an alleged ₹3,000-crore loan fraud case linked to the Anil Ambani Group, the Enforcement Directorate (ED) has made its first arrest. Partha Sarathi Biswal, the Managing Director of Biswal Tradelink Pvt. Ltd., was taken into custody on Friday under[Read More…]

Download IPFS Adani Power, India’s largest private thermal power producer, announced a 13.5% decrease in its consolidated net profit for the quarter ending June 30, 2025. The company’s net profit dropped to $405.3 million (₹3,385 crore) from $470 million (₹3,913 crore) in the same period last year. This decline occurred[Read More…]

Download IPFS Fitch Ratings, a prominent credit rating agency, has revised its forecast for India’s Gross Domestic Product (GDP) growth for the financial year ending March 2026, lowering it slightly from 6.4% to 6.3%. The announcement was part of the agency’s “India Corporates Credit Trends” report released on Friday. Despite[Read More…]

Download IPFS Reliance Industries, the conglomerate led by Chairman Mukesh Ambani, is reportedly preparing for what could be the largest Initial Public Offering (IPO) in India’s history. The company is considering listing its digital arm, Jio Platforms, with a public issue potentially valued at over $6 billion (₹52,200 crore). This[Read More…]

Download IPFS In a sharp critique of Air India’s management, senior Congress MP Manish Tewari has called on the Indian government to re-nationalize the airline, claiming that the Tata Group has “run the airline into the ground.” Tewari’s comments, made in a post on the social media platform X, follow[Read More…]

Download IPFS Tesla, the American electric vehicle (EV) manufacturer, is set to launch its first Supercharger station in India on August 4, 2025. The charging facility will be located at the Bandra Kurla Complex (BKC) in Mumbai, marking a significant step in the company’s plan to build out its charging[Read More…]

Download IPFS Tata Power, one of India’s largest integrated power companies, has announced a strong financial performance for the first quarter of the fiscal year 2026, with consolidated net profit climbing 9% year-over-year to $127 million (₹1,060 crore). The results, released by the company on August 1, showed that this[Read More…]