India News

How Electric Vehicles Are Paving the Way for a Greener India: A 2030 Vision

India's push towards electric vehicles (EVs) is crucial for achieving climate goals, with the transport sector being a major contributor to greenhouse gas emissions. Government ini...

Cummins Plans to Revolutionize India's Energy Sector with Battery Pack Manufacturing

Cummins, in partnership with the Tata Group, is set to manufacture battery packs in India, marking a significant step towards sustainable energy. This initiative is part of Cummins...

Amazon Expands Financial Services in India with $160 Million Acquisition of Fintech Startup Axio

Amazon is set to acquire Axio, a leading digital lending startup in India, for about $160 million. This strategic acquisition aims to enhance Amazon's financial services in India, ...

Groww Sets Sights on a Monumental $800 Million IPO: A New Era for Fintech?

Groww, a leading discount stock brokerage platform, is planning an $800 million IPO, aiming for a $6-8 billion valuation. This move comes amidst significant regulatory changes in I...

India's Industrial Growth to Dip to 6.2% in FY25, with Signs of Revival in the Latter Half

India's industrial growth is expected to slow to 6.2% in FY25 due to a subdued manufacturing performance in the first half. However, signs of recovery are emerging for the second h...

Cognizant Elevates Retirement Age in India to 60: A New Era for Experienced Talent

Cognizant has increased the retirement age in India to 60 years from 58, aiming to attract and retain experienced talent. This policy change aligns with market practices and includ...

Two-Wheeler Industry Sees 15-17% Growth in 2024, Eyes Moderate 2-4% Increase by 2025

India's two-wheeler industry grew 15-17% in 2024, with EVs surging 33%. Projected 2-4% growth in 2025 faces challenges from new regulations but benefits from a strong macroeconomic...

Flipkart Accelerates Quick Commerce Ambitions with Dunzo Co-Founder at the Helm

Flipkart appoints Kabeer Biswas, co-founder of Dunzo, to lead its quick commerce operations, Minutes, amidst intense competition in India's quick commerce sector. The move highligh...

Restaurant Owners Clash with Zomato and Swiggy Over Quick Food Delivery Services

Restaurant owners in India are up in arms against Swiggy and Zomato's new quick food delivery services, accusing them of using customer data to compete directly with traditional re...

Vietnam Expands Global Footprint with $665M Overseas Investments in 2024

Vietnam has significantly expanded its global investment footprint in 2024, injecting $665M into foreign markets across 16 sectors and 31 countries. Despite not reaching pre-pandem...

Bartronics and Singapore's PTW Group Eye Merger to Revolutionize India's Semiconductor Industry

Bartronics India Ltd partners with Singapore's PTW Group to merge and boost India's semiconductor industry through innovative production, refurbishing, and training facilities, aim...

Mercedes-Benz's Electric G-Class Sells Out Instantly at Launch, Priced at a Whopping Rs 3 Crore

Mercedes-Benz has launched its electric G-Class SUV in India at Rs 3 crore, selling out all 85 units instantly. The company reports strong growth in the luxury segment and plans to...

Satya Nadella Highlights the Importance of Trust in AI to Prevent Unintended Consequences

Microsoft CEO Satya Nadella emphasizes the importance of building trust in AI systems to prevent unintended consequences, following a $3 billion investment in India. He highlights ...

Microsoft Announces $3 Billion Investment in India to Enhance AI and Cloud Infrastructure

Microsoft CEO Satya Nadella announces a $3 billion investment in India to boost AI and cloud infrastructure, including new data centers and training 10 million people in AI skills ...

Revolutionizing Retail: How Quick Commerce is Transforming the FMCG Landscape in India

Quick commerce is revolutionizing the FMCG sector in India by offering rapid delivery services, significantly impacting e-commerce revenue and challenging traditional retail models...

India Emerges as a Global Investment Hub: FDI Inflows Skyrocket

India's FDI inflows are surging, with significant contributions from global investors. The country's stable regulatory framework, skilled workforce, and progressive policies are ke...

Luxury Watches See Unprecedented Demand in India Amid Global Slowdown

Luxury watches are seeing record demand in India, with significant growth in sales across metro and tier-2, tier-3 cities. Brands like Rolex and Omega are benefiting from rising co...

December Sees an 8% Surge in UPI Transactions, Hitting a Record 16.73 Billion

December witnessed an 8% increase in UPI transactions, reaching a record 16.73 billion, with transaction values and daily averages also seeing significant growth. NPCI, overseeing ...

India Investigates Starlink Over Illegal Device Usage Amid Privacy Concerns

India is investigating Starlink after its devices were found with insurgents and smugglers, raising security concerns. Starlink has refused to disclose device owners, citing privac...

Discover the Complete List of Bank Holidays in January 2025 Across India

The RBI has released the January 2025 bank holiday schedule, highlighting state-specific closures due to various regional festivals. Essential for planning financial activities, th...

2025 Marks the Dawn of Electric SUVs: A Green Revolution on Indian Roads

2025 is set to be a pivotal year for electric vehicles in India, with a focus on SUVs. Major carmakers are launching electric models across various price points, driven by governme...

Startup Funding Hits a Snag: $31 Billion Marks the Lowest Since 2019

In 2024, India's PE-VC investments fell to $31.1 billion, the lowest since 2019, marking a 5.5% decrease from the previous year. Despite this, the number of deals exceeded 1,000. S...

PE-VC Investments Dip by 5.5% in 2024: What Does 2025 Hold for India?

In 2024, India witnessed a 5.5% decrease in PE-VC investments, totaling $31.1 billion, the lowest since 2019. Despite fewer investments, the number of deals exceeded 1,000. Decembe...

Drastic 99% Drop in Foreign Portfolio Investment to India in 2024

In 2024, India experienced a 99% drop in Foreign Portfolio Investment (FPI) inflows, from Rs 1.71 lakh crore in 2023 to Rs 2,026 crores. This decline is attributed to the strong US...

Global Capability Centers Surpass IT Firms in Hiring: A Two-Year Trend

India's Global Capability Centers (GCCs) are set to surpass IT firms in hiring for the second consecutive year, marking a significant shift in the industry. Despite modest hiring i...

Global Economic Recovery in the Balance: India's Path Amid Uncertainty

India's economy faces a slowdown with growth dropping to 5.4%, prompting calls for policy rate cuts to stimulate demand. Despite urban demand slowing, rural demand remains strong. ...

Post-Pandemic Mental Health Crisis: India's Antidepressant Sales Skyrocket by 64%

India has seen a 64% surge in antidepressant sales post-Covid, driven by virtual consultations and increased mental health awareness. Medications like Escitalopram, Clonazepam, and...

Tata Group Aims to Generate 500,000 Manufacturing Jobs in India by 2028

Tata Group announces a plan to create over 500,000 manufacturing jobs in India by 2028, focusing on new-age products like batteries, semiconductors, and electric vehicles. This ini...

India's Venture Capital Surges to $16.77 Billion in 2024, Signaling Robust Growth

In 2024, India's venture capital investments surged to $16.77 billion, marking a 14.1% growth. The technology sector led with a 52.5% increase. Despite a downturn, China remains a ...

Interglobe Air Transport to Expand Oman Air's Footprint Across India as New GSA

InterGlobe Air Transport has been appointed as the exclusive General Sales Agent (GSA) for Oman Air across India, aiming to enhance Oman Air's presence and customer service in the ...

Exploring the Impact of RBI Policies on India's Economic Slowdown

The finance ministry suggests RBI's policies and structural factors may have led to India's economic slowdown, with growth at a seven-quarter low. A brighter outlook is expected in...

Auto Giants Forge Strategic Alliances for Future Growth

Auto and two-wheeler companies in India increasingly rely on partnerships and joint ventures to achieve synergies, cost savings, and access to advanced technology, as exemplified b...