India’s auto retail sector achieved a landmark year in FY26, recording an all-time high of nearly 3 crore vehicle sales, propelled by the transformative impact of GST 2.0 and improved affordability across various segments. IMAGE: Workers install an electric motor
Amid escalating global tensions and regulatory shifts, India’s financial markets are witnessing a significant transformation, with bank-backed brokerages poised to reclaim their edge over discount platforms and the IPO pipeline experiencing a notable slowdown. Illustration: Dominic Xavier/Rediff Key Points Bank-backed
Despite global headwinds, India’s pharmaceutical exports are booming, exceeding $28 billion and projecting significant growth, driven by strong performance in formulations, biologicals, and vaccines. Photograph:Yves Herman/Reuters Key Points India’s pharmaceutical exports reached over $28 billion, showing a growth of over
Brazil Potash CEO Matt Simpson warns that the ongoing West Asia conflict, coupled with the Russia-Ukraine war, could trigger a global food crisis by impacting fertiliser supplies and planting seasons in Europe and North America, urging countries to rethink global
Despite geopolitical conflicts in West Asia impacting international markets, leading Fast-Moving Consumer Goods (FMCG) companies like Dabur India and Marico are projecting strong high single-digit growth for the final quarter of FY26, buoyed by robust domestic demand in India. Photograph:
India’s forex reserves experienced a significant drop of over $10 billion, prompting analysis of the factors influencing the Indian economy and the Reserve Bank of India’s (RBI) response to the West Asia conflict. Photograph: Kham/Reuters Key Points India’s forex reserves
Amidst the volatile global energy market, Russia has proposed to significantly increase its crude oil and natural gas supplies to India, reinforcing bilateral energy ties and aiming for a robust economic partnership with a $100 billion annual trade target by
A US-sanctioned oil tanker carrying Iranian crude, initially headed to India, has changed course for China, spotlighting payment complexities and raising questions about India’s future energy imports from Iran. Photograph: Costas Baltas/Reuters Key Points A US-sanctioned tanker carrying Iranian crude
To prevent misuse of free trade agreements, India has placed import restrictions on all forms of gold, silver, and platinum articles, effective immediately. Photograph: Lisi Niesner/Reuters Key Points India has imposed import restrictions on all gold, silver, and platinum articles
In spite of recent tariff changes and a temporary slowdown in discussions, India and the United States are committed to advancing and finalising an interim trade agreement aimed at opening markets and reducing trade barriers, as highlighted in a recent
