CEAT Limited has received a favourable order from the Commissioner of CGST & Central Excise, Mumbai Central, quashing a ₹276.7 crore differential excise duty demand. The proceedings, initiated by DGCEI, alleged that assembling tyre sets constituted “manufacture” or a pre-packaged…
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India’s Index of Industrial Production (IIP) growth is expected to have moderated sharply to 2% year-on-year in March 2026, down from 5.2% in February and 3.9% in March 2025, as broad-based weakness in manufacturing and energy sectors weighed on output…
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India’s top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectations. This downturn, exacerbated by a weak global economy and AI disruption, has led to a significant drop in the IT sector’s…
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An Indian court has paused a major antitrust investigation into Steel Authority of India. The company challenged the Competition Commission of India for procedural errors. SAIL argued it was cleared in an initial report but a further probe was wrongly…
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Union Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devise mitigation strategies. Banks will collaborate to understand threats and identify investment needs for countering AI-driven challenges.
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India’s solar industry said the decision to impose steep preliminary anti-dumping duties on cells and modules from India will have limited immediate impact on domestic exporters, but remains a matter of concern.
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