India’s Defence Tech Market Expected to Reach $19 Billion by 2030

New Delhi: India’s defence technology market—currently valued at $7.6 billion in 2025—is set to expand to $19 billion by 2030, growing at nearly 20 per cent CAGR, according to a report released on Tuesday.

Technology-driven…

No Proposal for Merger or Disinvestment of Public Sector Banks: Government

New Delhi: The government currently has no proposal under consideration for the merger or disinvestment of public sector banks (PSBs), Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.

Responding to a question…

India’s Manufacturing PMI Grows Above Trend Despite Impact of US Tariffs

New Delhi: India’s manufacturing sector continued to show strong performance in November, with both new orders and production expanding at above-trend levels, according to the HSBC India Manufacturing Purchasing Managers’ Index (PMI) released…

Industrial Growth Slows to 0.4% in Festive October

New Delhi: India’s industrial production growth dropped sharply to 0.4 per cent in October, a slowdown the Ministry of Statistics attributed to fewer working days amid major festivals such as Dussehra, Diwali, and Chhath.

Industrial growth,…

India Records Fastest Growth in Six Quarters Despite US Tariff Pressures: Report

New Delhi: India’s economy grew by 8.2 per cent in the July–September quarter, marking the fastest expansion in six quarters, even as steep US tariffs posed challenges. According to a report by India Narrative, the strong performance…

New Labour Codes Act as a Booster for India’s Export Sector

New Delhi — The government’s newly notified Labour Codes are set to significantly strengthen India’s export-driven industries — including textiles, garments, leather, electronics, gems and jewellery, pharmaceuticals, auto components,…

Ola Electric Slips to 5th as Market Share Drops to 7.4%

New Delhi- Ola Electric, once the leader in India’s electric two-wheeler market, fell to fifth place in November as competition from established manufacturers tightened.

Data from the government-run Vahan portal shows the company sold…

India’s Coffee Industry Set to Grow 8.9% Annually, Could Reach $3.2 Billion by 2028

New Delhi: India’s coffee industry is expected to grow at a compound annual growth rate (CAGR) of 8.9% by 2028, with the out-of-home coffee segment projected to expand even faster — at 15–20% CAGR — to reach between $2.6 billion…

Indian IT Sector Shows Signs of Gradual Recovery as Deal Wins Strengthen

New Delhi— India’s IT sector is showing early signs of a steady recovery, with improved deal wins and a stabilising revenue outlook, according to a new report released by BNP Paribas India on Friday.

The report highlights that while…

India, UAE to Deepen Economic Partnership as Bilateral Trade Surpasses $100 Billion

India and the United Arab Emirates (UAE) have agreed to further strengthen trade facilitation, regulatory cooperation, and data-sharing frameworks during the third Joint Committee meeting under the Comprehensive Economic Partnership Agreement (CEPA)…