Economy

Investment of $75 bn needed for Indian farmers to adapt to climate change impact: IFAD President

Lario gave the example of Meghalaya, where IFAD has promoted and incubated a number of market-driven enterprises which are offering agri-entrepreneurs incubation, mentoring, credit, and access to markets | Photo Credit: K K Mustafah Investments worth around $75 billion is required for small-scale farmers in India to adapt to the impact of climate change, and […]

Economy

Indian electronics manufacturers face double whammy with import curb on gold compounds

Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors, etc. India’s electronics manufacturing sector, which has been struggling with China’s restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound — a key raw material. Rare earth magnets have […]

Good news for Indian Railways passengers! Soon you may get higher refund on IRCTC train tickets – here’s what’s being planned

Indian Railways authorities are evaluating various alternatives due to the decreased operational costs. Soon you may get higher refund from Indian Railways for your cancelled train ticket! The Indian Railways is considering either lowering or doing away with the administrative fees, known as ‘clerkage’, which it currently deducts whilst processing refunds for unconfirmed waitlisted tickets […]

Explained: How Jane Street made a staggering Rs 735 crore profit in Indian markets in just a day? SEBI reveals details of ‘manipulation’ strategy

SEBI investigation into Jane Street profits highlights worrying aspects about India’s derivatives market structure. (AI image) Jane Street Group, the US trading powerhouse that was slapped with a trading ban in Indian markets on Friday, made a whopping Rs 735 crore single-day profit during a January 2024 trading session, according to a SEBI order published […]

Economy

Indian soft drink industry to rebound next year with 10% growth despite weather disruptions: Report

The Indian soft drink industry is expected to return to a growth rate of over 10 per cent next year, which is impacted in the current year due to weather disruptions, said a report by Systematix Institutional Equities. The Carbonated Soft Drinks (CSD) industry is expected to deliver strong double-digit growth medium-term; historically, it has […]

Economy

Indian IT sector to see mixed Q1FY26 performance; mid-tier firms to outpace tier-1: Report

Generative AI is a significant growth driver, with many companies moving beyond proof-of-concept (PoC) to full-scale deployments  | Photo Credit: metamorworks The Indian Information and Technology (IT) sector will deliver a mixed performance in the first quarter of Financial Year (FY) 2026, with tier-1 companies likely to post muted revenue growth, while mid-tier firms are […]

Economy

SMPP bags ₹300 cr orders from Indian Army

Defence equipment manufacturer SMPP Ltd has bagged two orders worth ₹300 crore from the Indian Army, the company said. Under the order, the company will supply bulletproof jackets and advanced ballistic helmets to the Indian Army under the emergency provision, SMPP said in a statement. “SMPP will supply 27,700 bulletproof jackets and 11,700 advanced ballistic […]

CII Advocates for GST Rationalisation and Skills Fund to Boost Indian Economy, ETCFO

Industry body CII Thursday pitched for rationalisation of goods and service tax (GST) rates, reduction in tax litigation, establishment of a joint skills acceleration fund (between public, private and CSR), and introduction of a capital support scheme for small and medium enterprises. New CII President Rajiv Memani said the Indian economy was expected to grow […]