July 26, 2025
State to finalize new industrial policy by November with sector-specific committees under Rule 12 guidance
The state government will finalize a new industrial policy by November, following consultations with industry experts. Six sector-specific committees have been formed, each chaired by an industry representative, to develop tailored policy recommendations for sectors including sports and leather goods, machinery, food processing, tourism, heavy machinery, and furniture. These committees are tasked with analyzing existing policies from other states to propose a customized framework that aligns with the state's industrial ecosystem and fiscal context. Recommendations must be submitted by October 1. Committee membership will be diverse in size, scale, and geography to ensure comprehensive input, with the government retaining discretion to add members. The initiative aims to enhance ease of doing business and foster sector-specific industrial growth.
July 26, 2025
Battery firm boosts growth with Rs 3,700 crore lithium-ion investment, Industry 4.0, and sustainability drive
A battery manufacturing company announced its strategic focus on both lead-acid and lithium-ion battery segments to drive future growth. The company plans to start commercial production at its lithium-ion cell facility within the current financial year, supported by government incentives and reduced import duties. It reported significant investments in lithium-ion technology totaling over Rs 3,700 crore and highlighted double-digit growth in several business segments despite challenges in exports and telecom battery sales. Operational improvements include adoption of Industry 4.0 and AI tools, new battery technologies, and sustainability initiatives such as recycled lead usage and renewable energy consumption. The company posted a consolidated profit increase for the fiscal year 2024-25 and emphasized its preparedness to meet evolving energy demands through innovation and a dual-technology approach.
July 26, 2025
New Joint Venture Company Formed for Brownfield Ammonia-Urea Project Under Ministry of Corporate Affairs Approval
A new company has been incorporated as a joint venture between a state government and other partners to develop a brownfield ammonia-urea complex within an existing fertilizer corporation's premises. The incorporation was formalized by the Ministry of Corporate Affairs, enabling the project previously approved by the Union Cabinet. The entity aims to advance regional industrial ambitions and commence operations by the end of the year.
July 26, 2025
ED raids corporate group under PMLA for Rs 3,000 crore loan fraud and fund diversion from 2017-2019
Enforcement Directorate raids on multiple premises linked to a major corporate group continue under the Prevention of Money Laundering Act, investigating alleged diversion of approximately Rs 3,000 crore in bank loans from a private bank between 2017 and 2019. The probe centers on accusations of loan fraud, including back-dated approvals, inadequate due diligence, and diversion of funds to shell companies. The investigation draws on multiple FIRs and reports from financial regulatory bodies, suggesting a coordinated scheme to siphon public funds. Separate allegations involve undisclosed foreign assets, suspicious investments in riskier bonds by a mutual fund, and a related loan fraud exceeding Rs 1,000 crore with another bank. The companies involved have stated that certain older entities under scrutiny are not linked to their current operations or management, asserting no impact on ongoing business activities. The federal agency continues to examine potential bribery and financial irregularities connected to the loan approvals.
July 26, 2025
Indian States Face Major Revenue Shortfalls and High Borrowings in Q1 FY 2025-26 Under Fiscal Rules
Two Indian states experienced significant shortfalls in revenue collection and increased borrowings during the first quarter of the 2025-26 fiscal year. Both states reported their own revenues at approximately 16 percent of budgeted targets, with notable declines in non-tax revenues and grants-in-aid from the central government. One state recorded a revenue deficit exceeding ten thousand crore rupees despite initially projecting a surplus, while the other showed a fiscal deficit of over twenty-seven thousand crore rupees against a higher budgeted deficit. Borrowings accounted for a substantial portion of the fiscal targets, indicating reliance on debt to manage financial obligations. These figures were disclosed by the Comptroller and Auditor General, highlighting fiscal challenges faced by the states in meeting budgetary expectations.
July 26, 2025
India-UK Free Trade Agreement Enables 99% Duty-Free Exports, Boosting Agriculture, Industry, and MSMEs
A newly signed free trade agreement between India and the UK will allow India to export 99 percent of its goods to the UK duty-free, benefiting various sectors including agriculture, industry, MSMEs, and youth employment. The agreement protects sensitive items such as agriculture and ethanol and was negotiated on terms favorable to India. It is expected to create significant economic opportunities and will become effective upon approval by the UK Parliament. The Indian government encourages industries to explore new market opportunities in sectors like footwear, leather, toys, pharmaceuticals, gems, jewelry, food processing, and services.
July 26, 2025
Aromatherapy Brand Relaunches Pure, Therapeutic Essential Oils with Eco-Friendly Packaging and Extended Shelf Life
An aromatherapy company relaunched its signature essential oils line with updated packaging designed to preserve product potency and extend shelf life. The oils remain 100% pure, therapeutic-grade, and free from additives or synthetics, stored in dark glass bottles to maintain efficacy. The company emphasizes cruelty-free, eco-conscious manufacturing and offers oils for multiple uses, including skin, hair, and emotional wellness. The relaunch highlights the brand's commitment to quality, sustainability, and social responsibility, including environmental initiatives and support for underprivileged communities. The product range is available for purchase online.
July 26, 2025
Food Delivery App and Fast-Food Chain Launch High-Protein Burgers with Nutrient-Rich Millet Buns
A leading food delivery platform partnered with a major fast-food chain in India to launch a new range of high-protein burgers exclusively available through the platform's app. Developed in collaboration with a government-affiliated food technology research institute, the product line includes burgers enhanced with a protein-rich slice made from vegetarian sources and multi-millet buns fortified with essential nutrients. The initiative aims to promote healthier eating by increasing protein intake without compromising taste, and is available across multiple cities in Western and Southern India for a limited period. The platform also introduced a dedicated high-protein category to facilitate consumer access to nutritionally balanced meals. This collaboration reflects ongoing efforts by both parties to innovate and expand health-conscious food options in the Indian market.
July 26, 2025
India aims to become a global vegetable seed hub by 2030 with key reforms under Seed Act and biotech rules
A national conference discussed India's potential to become a major global vegetable seed hub by 2030, projecting market growth from $740 million to $970 million. Key legal and regulatory reforms proposed include strengthening intellectual property rights, introducing biotech regulations, streamlining licensing through a "One Nation, One Licence" model, and establishing a single-window export clearance system. Addressing a backlog of over 100 pending Pest Risk Analyses since 2016 is critical to unlocking $55 million in stalled trade. The government is also implementing digital traceability and investing in seed infrastructure to ensure quality and reduce counterfeit products. These measures aim to enhance ease of doing business, support export growth, and protect farmers' interests while promoting innovation and public-private collaboration in the seed sector.
July 26, 2025
Nationwide Campaign Promotes Ethical AI Use and Digital Inclusion in Schools Under Education Policy Guidelines
A technology company and a major media organization launched a nationwide campaign aimed at reshaping parental and educator perceptions of artificial intelligence and personal computers in Indian school education. The initiative addresses significant gaps in digital infrastructure, with only about half of schools equipped with functional computers and internet access, and seeks to build trust in technology as a tool for personalized and responsible learning. The campaign focuses on empowerment through education, ethical technology use, and culturally relevant storytelling, featuring expert insights and voices from educators and parents. It aligns with national education policies and promotes digital inclusion by providing multilingual content and advocating for safe, guided use of AI-powered devices in classrooms. The effort underscores the need for both infrastructural improvements and mindset shifts to ensure technology acts as an educational ally rather than a distraction.
July 26, 2025
Opposition alleges misuse of ED to target political rivals in Rs 1,000 crore liquor scam under Section 3 of PMLA
A senior opposition leader alleged that central and state governments are using investigative agencies to intimidate political opponents, citing the arrest of a former chief minister's son by the Enforcement Directorate in connection with a multi-crore liquor scam. The accused is charged with handling proceeds of crime exceeding Rs 1,000 crore and investing part of it in real estate. The scam allegedly occurred during the former chief minister's tenure, causing significant financial loss to the state. The opposition leader claimed these actions are politically motivated attempts to suppress dissent and malign opposition figures, asserting confidence in the judiciary and pledging continued political resistance. Previous arrests of opposition members in related investigations were also referenced as part of this pattern.
July 26, 2025
Industrial Park Transforms into Full Ecosystem Covering Fashion, Tech, Medical Textiles & More Across 74 Acres
An industrial park specializing in fashion manufacturing has been upgraded to a fully integrated ecosystem encompassing various sectors such as garments, accessories, footwear, cosmetics, wearable technology, and medical textiles. The facility spans 74 acres and hosts over 940 operational units, with additional units planned. It provides comprehensive infrastructure including training centers, exhibition spaces, design labs, financial advisory services, residential areas, and logistics support, all compliant with environmental regulations. Strategically located near major urban centers with strong transport connectivity, the park aims to facilitate business growth, innovation, and sustainable manufacturing practices within the fashion industry.
July 26, 2025
Instant Business Loans Offer Quick Funding with Flexible Terms and No Collateral Requirements
Instant business loans provide companies with rapid access to funds to support operational needs such as daily expenses, inventory purchases, and expansion. These loans typically feature quick approvals, flexible repayment terms including customized schedules and grace periods, competitive interest rates based on creditworthiness, and often do not require collateral. The digital application process streamlines loan requests through online platforms offering automated credit assessments, real-time updates, and document uploads. Such loans help businesses manage cash flow interruptions, seize market opportunities, and finance growth initiatives. Borrowers are advised to maintain accurate financial records, improve credit scores, prepare complete documentation, and compare multiple lenders to secure favorable terms. Overall, instant business loans serve as accessible financial tools for businesses needing prompt capital without extensive security requirements.
July 26, 2025
Digital marketing firm expands nationally by acquiring Delhi social media and branding agency, boosting services and growth
A digital marketing and app development company based in Bangalore has expanded into the North Indian market through the acquisition of a Delhi-based social media and branding agency. The takeover enhances the acquiring company's national presence and integrates the creative strengths of the acquired firm with its technological capabilities. The combined entity will operate under the acquiring company's brand, offering comprehensive digital marketing and branding services. Existing clients of the acquired agency are assured continuity and access to expanded resources and services. The acquisition aligns with the acquiring company's strategic goals of national growth and international market expansion, aiming to deliver innovative, technology-driven marketing solutions.
July 26, 2025
New Smartphone Model Launches with Advanced AI Imaging, Enhanced Design, and Powerful Performance Features
A technology company has launched a new variant of its smartphone model, featuring enhanced design, durability, and advanced AI-powered imaging capabilities. The device offers improved performance with upgraded hardware components, including a powerful processor, advanced cooling system, and a large battery with fast charging. It supports multiple AI features for photography and productivity, integrated into the latest operating system version. The product is available in two storage configurations at specified price points and sold through various retail and online platforms. Promotional offers include EMI options, cashback incentives, exchange bonuses, and complimentary subscriptions to cloud storage and streaming services. The launch builds on the significant sales growth of the previous series, emphasizing the brand's commitment to innovation and market expansion.
July 26, 2025
India's first NFC-enabled blend jewellery launched with exclusive auction and surprise reward for highest bidder
A jewellery brand launched India's first NFC-enabled blend jewellery at a pop-up event featuring an exclusive auction with a surprise reward for the highest bidder. The brand's collection, rooted in cultural symbolism, combines traditional craftsmanship with modern technology to create interactive fashion accessories. The event marked the debut of this innovative jewellery line in Mumbai, aiming to merge aesthetics with functionality and expand its market presence globally. The brand emphasizes storytelling and emotional connection in its designs, targeting diverse clientele and planning future retail expansion.
July 26, 2025
Tech Company Reports 17% Revenue Growth, 94% EBITDA Increase, and Major Orders in Q1 FY2026
A technology company specializing in optical and digital solutions reported a 17% year-over-year increase in revenue and a 94% increase in EBITDA for the first quarter of fiscal year 2026. The company secured over INR 1,500 crore in new orders during the quarter, contributing to a strong order book nearing INR 4,900 crore. Key business segments, including optical networking and digital services, showed significant growth, with new contracts signed across multiple regions. The company also advanced technological innovations, including multi-core fiber deployment and quantum key distribution, and achieved sustainability milestones by integrating green hydrogen in manufacturing. It entered long-term supply agreements with major telecom operators and expanded its data center product portfolio to meet rising demand for AI-driven infrastructure. The company received industry recognition for its export contributions and IoT solutions, positioning itself for continued growth in global connectivity markets.
July 26, 2025
Trade Talks Target Export Reliance and Industrial Overcapacity Under Section 301 Demands for Economic Rebalancing
Upcoming trade negotiations between two major economies will focus on one party's significant reliance on exports and its industrial overcapacity, particularly in steel and electric vehicles. The other party seeks commitments to reduce excess production and to shift economic dependence toward domestic consumer spending, which currently constitutes a smaller portion of the economy compared to developed counterparts. Despite long-standing recognition of these structural issues and government efforts including subsidies and infrastructure investment, challenges persist such as deflation, demographic shifts, and inconsistent policy implementation. Experts suggest reforms like expanding social welfare and altering local government incentives to promote consumption rather than solely economic growth targets. Additionally, efforts to become technologically self-reliant amid external restrictions have led to rapid growth in high-tech manufacturing, risking further overcapacity. Analysts emphasize that meaningful rebalancing will require sustained and ambitious reforms beyond current measures.
July 26, 2025
Male Infertility Accounts for 40-50% of Cases; Summit Calls for Awareness, Early Diagnosis, and Holistic Care
A recent fertility summit in India highlighted male infertility as a significant and growing contributor to the country's infertility crisis, accounting for 40-50% of cases among approximately 27.5 million affected individuals. Experts emphasized the need for increased awareness, destigmatization, and inclusive treatment approaches addressing male reproductive health, which has traditionally been overlooked. Discussions covered clinical standards, ethical considerations, and innovative fertility treatments, alongside calls for holistic care integrating emotional and medical wellbeing. The summit also underscored the importance of early diagnostics, counseling, and public health policies targeting lifestyle and environmental factors impacting male fertility. The event reinforced commitments to expanding equitable fertility care and dismantling stigma, reflecting the projected growth of India's IVF market and the necessity for a comprehensive, evidence-based reproductive health framework.
July 26, 2025
India-US Trade Agreement Section Impact Amid Global Diplomatic Visits and Regional Conflicts
A foreign news various international developments including a high-profile diplomatic visit to the Maldives, commentary on an India-US trade agreement expected to significantly impact economic relations, and mass displacement resulting from a conflict between two Southeast Asian countries. Additional coverage includes political developments in South Asian nations, ongoing conflict in Eastern Europe, and wars in the West Asia region.
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