Download IPFS India’s Finance Ministry, in its “Monthly Economic Review” for June, has highlighted slow credit growth and a subdued appetite for private capital expenditure (capex) as potential factors that could restrict the acceleration of economic momentum. While the ministry maintains a “steady as she goes” outlook for the current[Read More…]

Download IPFS The Indian government has clarified that no final decision has been made regarding significant amendments to the Insolvency and Bankruptcy Code (IBC) that would introduce frameworks for group and cross-border insolvency. This statement, made in the Lok Sabha on Monday, July 28, 2025, by the Minister of State[Read More…]

Download IPFS The Indian government’s average purchase price for onions has registered a substantial 48% year-on-year decline, falling to ₹16.75 per kilogram for the current fiscal year (FY26) from ₹29 per kilogram in the previous year (FY25). This significant drop in procurement costs is attributed to a robust harvest and[Read More…]

Download IPFS India’s Finance Minister Nirmala Sitharaman on Monday, July 28, 2025, affirmed in the Lok Sabha that increasing the Foreign Direct Investment (FDI) limit in the insurance sector to 100% is a strategic move aimed at unlocking the industry’s full potential and significantly enhancing insurance coverage across the nation.[Read More…]

Download IPFS Tata Consultancy Services (TCS), India’s largest Information Technology (IT) services provider, announced its plan to reduce its global workforce by approximately 12,000 employees over the next year. The move, representing about two percent of its total workforce, is primarily aimed at middle and senior-level management. This strategic realignment[Read More…]

Download IPFS India is witnessing a notable resurgence in the popularity of outlet malls, with eight to ten new projects currently in development nationwide. This trend, gaining significant traction as of Sunday, July 27, 2025, is a clear indicator of accelerating value retail, where consumers are increasingly seeking substantial discounts[Read More…]

Download IPFS Indian states have significantly boosted their capital expenditure (capex) by an estimated 30% year-on-year in the first quarter of fiscal year 2026 (Q1 FY26), reaching ₹95,823 crore. This robust increase, reported on Sunday, July 27, 2025, reflects a concerted effort to stimulate economic activity amidst a backdrop of[Read More…]

Download IPFS Despite the rapid expansion of the private credit market globally, major institutional investors, including pension funds and global private equity (PE) firms, are largely maintaining a cautious approach, particularly in emerging markets like India. This measured stance, observed on Sunday, July 27, 2025, stems from a combination of[Read More…]

Download IPFS Adani Energy Solutions Ltd. (AESL) is poised for aggressive expansion in its commercial and industrial (C&I) sector, aiming for a tenfold increase in its aggregate load demand to 7,000 megawatts (MW) over the next five years. This ambitious growth strategy, announced on Sunday, July 27, 2025, reflects AESL’s[Read More…]

Download IPFS India’s pharmaceutical exports are projected to nearly double to $65 billion by 2030, a significant increase from the approximately $30 billion recorded in the last financial year (FY25). This ambitious target is set amidst various global challenges, reflecting the sector’s resilience and strategic importance as the “Pharmacy of[Read More…]