Business

India’s engineering exports jump to $13.77 billion as NITI Aayog urges tighter regulatory oversight

India reported engineering goods exports of $13.77 billion for the most recent period, a rise that has attracted attention from policy planners. NITI Aayog, the central government’s policy advisory body, has called for a regulatory framework to accompany the sector’s growth. What the figure represents and why it matters India’s engineering goods shipments, reported at ... Voir l'article

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Modi stresses energy security on Independence Day, says there is no shortage of gas, fuel or urea

Prime Minister Narendra Modi used his Independence Day address to place energy security at the centre of national economic policy, saying India faces no shortage of gas, fuel or urea. For overseas readers, this matters because India’s energy decisions influence global commodity flows and the fortunes of large energy and fertiliser companies. What the Prime ... Voir l'article

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Anthropic’s IPO hinges on a bold revenue projection — what investors will scrutinise

Anthropic, the US artificial intelligence company, is preparing for a likely public listing that industry reporting says rests on an ambitious revenue figure. International investors and markets will be watching how the company justifies that number, its path to profitability and the risks that could affect investors globally, including in India. Who is Anthropic and ... Voir l'article

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Modi announces plan for multiple semiconductor plants as India pushes for chip self-reliance

Prime Minister Narendra Modi said on Independence Day that India will see seven to eight semiconductor manufacturing plants in the next few years, stressing a push towards domestic chip production. The declaration signals a priority for India’s industrial policy in sectors that underpin global technology supply chains. What the prime minister said and what is ... Voir l'article

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Parliamentary panel urges quick rollout of merchant charges on high-value UPI payments

A parliamentary committee has recommended that India introduce merchant discount rates (MDR) on high-value transactions carried out over the Unified Payments Interface (UPI), and asked authorities to do so expeditiously. The proposal would change how merchants and payment providers are compensated for UPI transactions and could reshape the economics of India’s fast-growing digital-payments market. What ... Voir l'article

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