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India has approved a ₹41,863 crore electronics manufacturing investment under the Electronics Components Manufacturing Scheme (ECMS), clearing 22 new projects aimed at strengthening domestic supply chains, reducing import dependence, and accelerating high-value manufacturing. The approvals are expected to generate 33,791 direct jobs and production output worth over ₹2.58 lakh crore, marking one of the largest

Shares of tobacco companies fell sharply on January 1 after the government notified a new excise duty structure on cigarettes and tobacco products, marking a significant overhaul of the sector’s tax framework. ITC shares declined nearly 10%, touching levels close to a three-year low and recording their steepest single-day fall in almost four years. The

India is set to conclude 2025 on one of its strongest macroeconomic footings in recent history, marked by robust economic growth, sharply easing inflation, improving employment conditions, and rising global confidence. Government data, supported by projections from leading global institutions, point to a rare alignment of growth and stability often described as a “Goldilocks phase”

Ambuja Cements has set the stage for a major consolidation in India’s cement sector, with the boards of ACC and Orient Cement approving their merger into Ambuja. Once completed, the transaction is expected to create one of the country’s most integrated and geographically diversified cement platforms. The merger process is likely to take up to

Indian Markets | IPO Watch  ICICI Prudential Asset Management Company(ASM) delivered a strong debut on Dalal Street, emerging as the most valuable company within India’s capital market ecosystem after its stock surged sharply on the first day of listing. The shares jumped over 23 percent during intraday trade, touching a high of ₹2,663, before closing