Indian Economy

Indian FMCG giant Wipro Consumer Care acquires Philippine personal care firm S Brands

Wipro Consumer Care's 16th global acquisition strengthens its Southeast Asia growth strategy

Can you invest without violating Ahimsa? NSE’s new index brings non-violence to India’s stock market

NSE has launched the Nifty500 Ahimsa Index, a 326-stock benchmark that brings non-violence and animal-welfare principles into India's mainstream equity market and could pave the way for ethical ETFs and index funds

LTCG tax remains on equities; government says no proposal to withdraw levy

The government says equity LTCG tax remains unchanged for retail and foreign investors; exemption for FPIs applies only to government securities to attract long-term global capital.

Double standards on foreign funding? West's criticism of India's FCRA amendments under the lens

As India tightens oversight of foreign funding through proposed FCRA amendments, the debate goes beyond civil society—it raises questions over whether Western democracies apply different standards to similar national security laws.

Not just your car, ethanol may soon fuel your kitchen stoves: Govt working on policy paper, says report

The Centre is reportedly preparing a policy framework to introduce ethanol as an alternative household cooking fuel alongside LPG. The proposal may include subsidies, new distribution infrastructure and support for ethanol-powered cooking stoves as India looks to utilise surplus ethanol production and reduce dependence on LPG imports

Four ships crossed Hormuz. Here's how a month of disruption could hit India's economy

A prolonged slowdown in shipping through the Strait of Hormuz could significantly impact India's economy by driving up crude oil and LNG import costs, increasing freight rates, fuelling inflation and complicating the RBI's monetary policy decisions

India to take equity in chip startups under Semicon 2.0, exit after scale-up

India will take equity stakes in semiconductor startups under the Rs 1.27 lakh crore Semicon 2.0 programme, co-investing with venture capital firms before exiting as companies mature to spur growth in the domestic chip ecosystem

Hormuz, chokepoints and crude: The strait that could shake the global economy

The collapse of the US-Iran ceasefire has transformed the Strait of Hormuz into the world’s most volatile maritime flashpoint, with profound implications for global energy security, trade, and geopolitical stability.

RBI proposes stricter data governance norms for banks, NBFCs

Draft framework lays down regulatory expectations on data governance, quality, architecture and third-party data sharing as financial sector becomes increasingly digital.

PM Modi to flag off India’s first hydrogen-powered train, marking a new era in green rail mobility

The 10-coach hydrogen fuel cell train, capable of carrying around 2,600 passengers, will begin operations between Jind and Sonipat on July 17, showcasing India's push towards clean transportation and indigenous railway technology.