Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.
SpaceX and Tesla are jointly investing USD 16.8 billion to construct 'Terafab', an advanced AI semiconductor complex in Grimes County, Texas. This massive facility aims to address the global chip supply shortage, create thousands of jobs, and produce AI chips for Elon Musk's various ventures, including Tesla's robots and SpaceX's orbital data centres. The project is supported by a USD 30 million grant from the Texas government.
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
Delhi Police busted a fake cosmetic manufacturing racket in northwest Delhi, arresting four individuals involved in the production and distribution of counterfeit hair removal cream and other products.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
The Modi government is launching a 'One Day, One University' programme, sending Union ministers to universities daily to engage with Gen Z, address their concerns, and inform them about government schemes. This initiative follows recent student protests over the NEET paper leak and aims to foster better understanding between the youth and the government.
The death toll due to the consumption of spurious liquor in Gujarat's Bhavnagar district went up to 13 on Sunday after two more victims succumbed during treatment, officials said.
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
The Bombay high court has taken a firm stance against a Thane restaurant, denying relief and criticising it for serving banned analogue paneer, underscoring the critical importance of food safety and consumer rights in Maharashtra.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.
=The investigation is examining the circumstances surrounding the aircraft's sudden altitude variation and the actions of the flight crew.
The Indian government is actively promoting manufacturing in the rapidly expanding aerospace sector, with collaborations between Indian and foreign companies leading to the establishment of new facilities.
Mahindra Racing CEO Frederic Bertrand has stated that while Indian reserve driver Kush Maini has the potential to become a Formula E driver, the team will not compromise its competitive ambitions for nationality.
Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.
The Maharashtra FDA has taken action against Blink Commerce, suspending its food licence due to severe hygiene issues including cockroach infestation. Separately, Reliance Retail is under investigation after a complaint of live larvae in a sweet product, highlighting increased enforcement of food safety standards across the state.
India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.
Congress leader Rahul Gandhi addressed the 'Chhatron Ki Goonj' programme in Prayagraj, emphasising that India's youth are its greatest strength. He raised concerns about the lack of employment opportunities, the declining value of educational credentials, and issues like exam paper leaks, urging youth to bring change through love and affection.
Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.
The 4th India Sporting Goods Fair (ISGF) is set to take place, showcasing athletic gear and equipment from across the country, as the government pushes to establish India as a global hub for sports goods manufacturing.
E-Eye, which cost about Rs 3,500 to develop, can test a sample for around Rs 2, making it particularly suitable for field-level water quality monitoring in areas where access to sophisticated laboratories is limited.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.
The third edition of the Viksit Bharat Young Leaders Dialogue (VBYLD) has commenced with a quiz contest, leading to a national finale in January 2027 where young leaders will present their ideas for a developed India to Prime Minister Narendra Modi. The multi-stage event includes essay challenges, district championships, and state-level dialogues, aiming to foster youth participation in nation-building across various thematic areas.
Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
The companies that grow are the ones that adapt quickly, embrace technology thoughtfully and never lose sight of the customer.
The Maharashtra government has imposed a one-year ban on the manufacture and sale of "analogue" or non-dairy paneer due to public health concerns and widespread food safety violations. Offenders could face severe penalties, including life imprisonment and hefty fines, for misleading consumers with this lower-nutritional-value substitute.
Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.
The 4th India Sporting Goods Fair (ISGF) showcases athletic gear and equipment from 75 exhibitors, highlighting the government's commitment to promoting sports goods manufacturing in India.
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.
