Finance Minister Nirmala Sitharaman has criticised Congress leader Rahul Gandhi for alleging the 'criminal destruction' of the Tata Group, urging him to refrain from 'politicising' commercial and legal matters and accusing him of trying to incite business leaders.
India's Defence Ministry has sealed contracts worth Rs 53,866 crore with Garden Reach Shipbuilders and Engineers Ltd (GRSE) and Goa Shipyard Limited (GSL) for eight next-generation warships for the Indian Navy. These indigenously designed corvettes will bolster India's combat prowess in the Indian Ocean and support the 'Make-in-India' initiative, creating significant employment opportunities.
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.
SAP has announced new programmes to train two million people in India with AI-ready skills by 2030, as part of its global initiative to upskill 12 million individuals worldwide. The company will collaborate with academic institutions, industry partners, and government bodies to expand access to AI, cloud, data, and enterprise technologies, leveraging India's significant role in the global tech workforce.
A Bangladesh opposition leader, Nahid Islam of the National Citizen Party (NCP), has issued warnings against facilitating an Indian transit corridor through Bangladesh and called for a fair renewal of the Ganges water-sharing treaty, which expires in December. His remarks were made at a rally in Dhaka, where he also criticised the current government. The allegations about the corridor follow Prime Minister Tarique Rahman's recent visit to Japan, which focused on economic cooperation and regional connectivity, though Bangladesh officials deny discussing third-country issues. India has also expressed interest in strengthening regional linkages with Japan involving its northeastern states.
Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.
Indian equity benchmark indices Sensex and Nifty rallied for the second consecutive session, driven by strong buying in IT firms and a significant boost from Tata Group's retail arm Trent following its impressive September quarter earnings.
Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.
Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
Eutelsat OneWeb, a satellite communications company, is awaiting approvals from the Indian central government to launch its services, as confirmed by Sunil Mittal, chairman of Bharti Enterprises, the largest shareholder in the Eutelsat group.
India's indigenous NavIC regional navigation system has been significantly bolstered by ISRO's successful launch of the NVS-03 satellite.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.
In a major defence acquisition push, India on Monday cleared procurement of a range of military platforms and weapon systems, including light multi-role helicopters, long-range Kamikaze drones and radars, at a cost of Rs 2.12 lakh crore to boost the combat prowess of the defence forces.
'...but could demotivate employees seeking US residency.'
NavIC is India's independent, standalone navigation satellite system aimed at providing position, navigation and timing (PNT) services across India and around 1,500 km beyond the country's landmass.
Indian benchmark indices Sensex and Nifty closed higher for the second consecutive day, primarily driven by robust buying in IT stocks following strong quarterly results and positive global trends. Tech Mahindra notably surged over 8% after reporting a significant jump in net profit.
Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.
India has launched three indigenous AI foundation models, EKA-1, Dhir 2B, and Dhir 5B, under the IndiaAI Mission. Developed by Soket Labs Technology and Research and ZenteiQ AiTech Innovations, these models aim to enhance India's technological and strategic autonomy in artificial intelligence, offering solutions for various sectors including banking, cybersecurity, defence, and government services, with a focus on Indian languages and offline capabilities.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has become the second most valuable Indian company by market capitalisation following a highly successful debut on the Dalal Street, with its shares closing 26.66 per cent higher than the issue price.
Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.
Indian benchmark indices, Sensex and Nifty, closed significantly higher, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80. This surge was primarily fuelled by a sharp increase in Reliance Industries' share price following strong quarterly earnings and a notable decline in crude oil prices.
Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.
Following astronaut Shubhanshu Shukla's historic visit to the International Space Station, a significant surge in interest for space science careers is observed among Indian students. Srimathy Kesan of Space Kidz India highlights this shift from traditional fields like engineering and medicine, while Nobel laureate Didier Queloz emphasises the crucial role of curious young scientists in shaping the future.
The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
Indian benchmark indices, Sensex and Nifty, saw significant gains in early trade, primarily driven by a strong performance from Reliance Industries following its record quarterly profit announcement and a notable decline in global crude oil prices. Positive foreign fund inflows and a buoyant trend in Asian markets further contributed to the market's optimism.Track Sensex, Nifty on November 2.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
BP Singh, the visionary producer and director behind India's iconic crime series CID and horror show Aahat, passed away at the age of 77, leaving an indelible mark on Indian television.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
A Crisil report indicates that India is the world's fastest-growing polymer compound market, contributing 13% to the global industry. Driven by increased manufacturing in automotive, electronics, and infrastructure, the domestic sector is projected to reach USD 16.5 billion by FY2031, with significant demand from various pipeline and cable segments.
Indian benchmark indices Sensex and Nifty closed lower, primarily due to declines in Reliance Industries and IT sector stocks, coupled with rising crude oil prices and investor caution ahead of the US Federal Reserve's policy decision.
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, primarily driven by strong buying in Reliance Industries and sustained foreign fund inflows. Adani Ports also emerged as a significant gainer after reporting an 18 per cent rise in consolidated net profit. Track Sensex, Nifty on October 29.
Hical Technologies and Safran Aerosystems have signed a Memorandum of Understanding to explore a joint venture for manufacturing complex systems, including fluid and fuel systems, for the Dassault Rafale program in India. This partnership aims to bolster the Make in India initiative, leveraging Hical's expanding manufacturing capabilities and Safran's technology leadership to produce critical aerospace components domestically and for global markets.
BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.
India's private equity (PE) industry is transitioning from a 'spray and pray' approach to a more selective investment model, focusing on established businesses, greater strategic influence, and operational transformation to generate definitive returns, according to industry leaders Renuka Ramnath and Amit Chandra.
Sivakasi, India's fireworks capital, is eyeing global markets as green crackers, rising demand and interest from overseas buyers offer a chance to challenge China's dominance.
A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.
