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…

Indian markets open lower as crude prices, geopolitical tensions weigh on sentiment

Domestic equity markets opened on a cautious note on Wednesday, with benchmark indices trading lower as rising crude oil prices and persistent geopolitical tensions weighed on investor sentiment.

The Sensex fell as much as 273 points, or 0.34…

Kolkata Strengthens Position as Eastern India’s Logistics Hub with 24 Million Sq. Ft. Stock

Kolkata has retained its position as the largest industrial and logistics market in Eastern India, with its warehousing stock crossing 24 million sq. ft. during the first half of 2026, according to a report released on Monday.

The report by…

India’s Car Market Set to Touch 6.3 Million Units by FY31: Maruti Suzuki Chairman

India’s passenger car market is expected to expand to around **6.1-6.3 million units by FY2030-31**, with the small-car segment likely to grow at a significantly faster pace than it did over the past five years, Maruti Suzuki India Chairman…