Key Highlights In a major move to strengthen India’s manufacturing ecosystem and reduce import dependence, the Central Government has constituted six sector-specific working groups to identify up to 100 high-priority products that can be manufactured domestically. The initiative aims to boost indigenous production, reduce foreign exchange outflows, improve supply chain...
Key Highlights News Summary India’s largest two-wheeler manufacturer, Hero MotoCorp, reported robust sales performance in May 2026, driven by strong domestic demand and a sharp increase in exports. The company dispatched 5,70,068 motorcycles and scooters during the month, registering a 12.3% year-on-year growth compared to 5,07,701 units sold in May...
Key Highlights News Summary A new chapter in India-Oman’s economic partnership began today as the Comprehensive Economic Partnership Agreement (CEPA) officially entered into force, paving the way for deeper trade, investment and services cooperation between the two countries. The agreement is expected to significantly strengthen market access for Indian exporters...
Key Highlights GST Collections Maintain Strong Momentum in May 2026 India’s GST collections remained robust in May 2026, reflecting strong domestic consumption, resilient services activity, and continued industrial expansion. Gross GST collections stood at ₹1,94,184 crore, while net collections after refunds reached ₹1,66,904 crore. The government noted that May 2025...
Key Highlights New Delhi: A new chapter in India-Oman economic relations began today as the India-Oman Comprehensive Economic Partnership Agreement (CEPA) officially came into effect, paving the way for deeper trade, investment, and strategic cooperation between the two countries. The agreement is expected to strengthen bilateral economic ties by expanding...
Highlights Bengaluru: Electric two-wheeler manufacturer Simple Energy has announced plans to launch its Initial Public Offering (IPO) in the second half of FY28 while targeting annual revenue of more than ₹3,000 crore by FY30. The company has also secured ₹250 crore in a Series B funding round comprising a mix...
Key Highlights India is preparing for one of its biggest technology manufacturing pushes as the government considers investing between $45 billion and $60 billion over the next decade to develop a complete domestic semiconductor supply chain. The proposal is part of a comprehensive roadmap prepared by NITI Aayog to strengthen...
Highlights • India signs landmark semiconductor MoU with Intel and 3DGS• Advanced Packaging Glass Core Substrate Manufacturing Facility to be set up in Odisha• Project to come up in Bhubaneswar–Khurda region• Intel to provide technology know-how and process expertise• Major boost to India Semiconductor Mission and domestic chip ecosystem• Expected...
Swiggy Limited has moved to calm governance concerns following shareholder resistance to its proposed Articles of Association amendments, arguing that the founder-linked board nomination rights under the proposal were limited, conditional and subject to shareholder oversight. In a fresh clarification to stock exchanges, the company said the proposed changes did...
Key Highlights New Delhi, May 27: The Income Tax Department has enabled online filing of ITR-2 for the Assessment Year 2026-27 on its official e-filing portal, allowing eligible taxpayers to begin submitting their income tax returns for the financial year 2025-26. The announcement was made by the Income Tax Department...
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