Economy

Indian buyers resume US green lentils imports, but drive hard bargain

Variation of lentils, beans, peas, grain ,soybeans, legumes, backdrop | Photo Credit: Kailash Kumar Indian importers have resumed the import of US green lentils, but they are demanding that exporters renegotiate the prices, which were high when the deals were signed.  “Indian green lentil shipments have commenced, but buyers are asking to renegotiate prices due […]

Economy

Indian Army to procure first indigenously manufactured Software Defined Radios

The Indian Army has signed a contract for the procurement of its first indigenously designed and manufactured Software Defined Radios (SDR), developed by Defence Research and Development Organisation (DRDO) and produced by Bharat Electronics Limited (BEL). Equipped with high data rates and Mobile Ad hoc Network (MANET) capabilities, these advanced SDRs will significantly enhance secure, […]

Economy

Indian govt keeps urea, potash subsidy unchanged, hikes sops for phosphate to ₹4,360/tonne

The Indian government has approved a ₹37,952 crore subsidy for different types of fertilisers for the 2025-26 rabi season that began from October and will be valid until March. There is an increase of ₹4.36/kg in subsidy for phosphate and ₹0.26/kg for sulphur. But government support for nitrogen and potash has been left unchanged from […]

Economy

Indian aluminium association urges govt to impose 15% import duty, global quality benchmark

The Aluminium Association of India (AAI) has urged the government to impose a 15 per cent import duty on all aluminium products, besides aligning the quality of imported products with global benchmark. In a statement on Tuesday, AAI urged the Department for Promotion of Industry and Internal Trade (DPIIT) and Union Ministry of Finance, to […]

Economy

South Indian Bank, Arya.ag join hands to deliver ₹250 cr in agri credit

Arya.ag, an integrated grain commerce platform, has announced a strategic partnership with South Indian Bank under a business correspondent model to extend formal credit access to smallholder farmers and Farmer Producer Organisations (FPOs) and agri enterprises through warehouse receipt financing. This collaboration aims to significantly address the financing gap in post-harvest agriculture by enabling low-cost, […]

ITRS Launches New Real-Time Capacity Planning Solution to Help Indian Financial Institutions Meet SEBI Compliance Requirements

Business Wire India ITRS, the global leader in real-time monitoring and observability for mission-critical, highly regulated environments, today launched its Real-Time Capacity Planning Solution. The new product capability is designed to help Indian Market Infrastructure Institutions (MIIs) comply with the Securities and Exchange Board of India’s (SEBI) revised capacity and performance monitoring guidelines.   The […]

Economy

Gold price rally fuelled Indian households’ net worth to Rs 3.24 trillion: Report

Indian households collectively own about 24,000 tonnes of gold, accounting for 11% of the world’s gold reserves held in the form of jewellery. | Photo Credit: Arun Sharma The doubling of gold prices recently has substantially boosted the net worth of Indian households to around Rs 3.24 trillion, according to a report by Systematix Research. […]

Indian IT sector to cross $400bn by 2030: Report

NEW DELHI: The Indian IT sector is expected to surpass $400 billion by 2030, as AI transforms how enterprises deliver technology. In the near term, AI-driven efficiencies may put downward pressure on pricing, but the acceleration of AI capabilities is poised to expand both the willingness and capacity of global enterprises to outsource complex workflows, […]