Government Launches Rs.1,500 Crore Incentive Scheme to Boost Critical Mineral Recycling

New Delhi – The Ministry of Mines has released detailed guidelines for a ?1,500 crore incentive scheme aimed at promoting critical mineral recycling, part of India’s strategy to reduce reliance on foreign sources of these vital resources.

India’s IT Services Sector Set for Recovery in FY27; Long-Term Growth Seen at 4–5%

New Delhi — India’s IT services sector is expected to stage a recovery by FY27, with its sustainable long-term growth stabilising between 4 to 5 per cent, according to a new report by HSBC Global Investment Research released on Friday.

India Poised for 6.5% Average Growth Over the Next Decade: Morgan Stanley

New Delhi: India is projected to record an average annual growth rate of 6.5% over the next decade, according to a report by US investment banking firm Morgan Stanley. The outlook could improve further if the country’s industrial and export…

PM E-DRIVE: Centre Launches Rs 2,000 Crore Subsidy for EV Charging Stations

New Delhi – The Ministry of Heavy Industries (MHI) has released operational guidelines for the Rs 10,900-crore PM E-DRIVE scheme, allocating Rs 2,000 crore to provide subsidies for public electric vehicle (EV) charging stations across cities…

India’s Household Wealth Jumps 14.5% in 2024, Fastest Rise in Eight Years: Report

New Delhi —India ranked among the world’s quickest-growing wealth markets in 2024, with household financial assets expanding 14.5 per cent year-on-year—the strongest increase in eight years—according to the Allianz Global…

Domestic Generic Producers May Gain as US Slaps 100% Tariffs on Branded Pharma

New Delhi – Indian generic drug manufacturers could see near-term benefits after the US announced 100 per cent tariffs on branded and patented pharmaceutical imports from October 1, 2025, analysts said on Friday.

Generic medicines remain…

HSBC Upgrades Indian Equities to Overweight, Cites Strong Domestic Support

New Delhi – HSBC Global Investment Research on Wednesday upgraded Indian equities from neutral to overweight, citing the domestic market’s relative attractiveness in the regional context.

The firm noted that recent US tariffs are…

Tractor sales to rise 4-7% in FY26; two-wheeler industry also set for growth: ICRA

New Delhi — India’s tractor market is projected to grow by 4-7 per cent in FY2026, while the two-wheeler sector is also expected to record healthy growth, according to a report released by rating agency ICRA on Tuesday.

The positive…

India’s Core Sector Growth Hits 13-Month High of 6.3% in August

New Delhi — India’s eight core industries recorded their fastest growth in over a year, expanding by 6.3% in August 2025 compared to the same period last year, according to data released by the Commerce and Industry Ministry on Monday.…

GST Rationalisation to Benefit Poor, Middle Class, and Entrepreneurs: FM Sitharaman

New Delhi – Finance Minister Nirmala Sitharaman has said that the GST reforms implemented from Monday will benefit a wide range of people, including the poor, middle class, new middle class, youth, farmers, women, shopkeepers, and entrepreneurs.