PARIVARTAN Scheme Gains Momentum as 1,300 Vehicle Owners Register for Green Upgrade

The Centre’s PARIVARTAN Scheme, aimed at replacing older and more polluting BS-IV trucks and buses with cleaner BS-VI or electric commercial vehicles in Delhi-NCR, is gaining traction, with more than 1,300 applicants registering for benefits…

India’s Two-Wheeler Retail Sales Grow Nearly 20% in August, Festive Demand Lifts Auto Sector

India’s two-wheeler market continued to show strong momentum in August, with retail sales estimated to have grown 18–20 per cent year-on-year, helped by the Onam festival, improving consumer demand and a favourable base effect, according…

Premium Housing Takes Centre Stage as Affordable Home Supply Shrinks: Report

India’s housing market is undergoing a significant shift, with real estate developers increasingly focusing on premium and luxury homes while the share of affordable housing in new launches has fallen sharply in recent years, according to a…

India’s Private Space Sector Enters Orbital Race as Europe Faces Launch Capacity Challenges

India’s emerging private space industry has achieved a milestone that several European commercial launch projects are yet to match, with Skyroot Aerospace becoming the country’s first private company to place a domestically developed rocket…

India’s Space Economy Set to Quadruple to $45 Billion as Startups and Private Investment Surge

India's space economy has grown to around $9 billion and is projected to expand to $40-45 billion over the next decade, driven by a rapidly growing startup ecosystem, increased private investment and policy reforms that have opened the sector…

Indian Banks Mobilise $72.8 Billion Through RBI Forex Swap Scheme

Indian banks have mobilised $72.848 billion in foreign currency inflows under the Reserve Bank of India’s (RBI) special forex swap facility up to August 21, with FCNR(B) deposits accounting for the bulk of the funds.

According to the…

Maruti Suzuki’s FRONX Becomes Fastest Indian SUV to Cross 2 Lakh Export Mark

Maruti Suzuki India’s popular SUV FRONX has set a new export milestone, crossing 2 lakh units in overseas sales in less than 38 months and becoming the fastest SUV from India to achieve the feat, the company said on Tuesday.

The Made-in-India…

FCNR(B) Inflows May Cross $80 Billion Despite Early RBI Swap Window Closure

Foreign currency inflows through FCNR(B) deposits could exceed $80 billion despite the Reserve Bank of India (RBI) bringing forward the closure of its special swap window, according to a report by Bank of America (BofA) Securities.

BofA Securities…

India’s Economy Set for Strong 8% Growth in First Quarter, SBI Research Says

India’s economy is expected to maintain its strong growth momentum, with real GDP projected to expand by around 8 per cent in the first quarter of fiscal 2027, according to a report by SBI Research.

Released around India’s 80th…

Government Weighs MDR, Tiered Incentives to Make UPI Ecosystem More Sustainable

The government is exploring ways to make the Unified Payments Interface (UPI) ecosystem financially sustainable, including the possibility of bringing back the merchant discount rate (MDR) on selected high-value transactions or introducing a tiered…