With more than 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, India has firmly established itself as the third-largest startup ecosystem in the world, the government said on Wednesday.
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The COVID-19 pandemic’s impact on global supply chains has driven companies to diversify from China, presenting an opportunity for India to become a major electronics hub. Budget 2025 aims to support this ambition through substantial investments, incentives, and a focus…
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India’s steel ministry seeks 150 billion rupees from the budget for incentives to produce low-carbon steel. The plan includes reducing emissions, boosting R&D, and promoting renewable energy loans. The incentives, aimed at achieving a 2070 net-zero target, will be in…
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India’s economic outlook for 2025 presents cautious optimism with consumer spending expected to recover, aided by a positive outlook for agriculture and rural consumption, according to the latest Economic Outlook Survey by the Federation of Indian Chambers of Commerce and…
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The current import duty system contradicts the government’s “Make in India” initiative, which aims to boost local manufacturing. India’s reliance on imported medical devices remains high, with imports exceeding ₹69,000 crore in 2023-24, a 13per cent rise from the previous…
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Adani Group’s CFO, Jugeshinder Robbie Singh, shared a cryptic message after Hindenburg Research announced its shutdown, marking the end of a tumultuous period that significantly impacted the Adani empire’s market value.
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