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Govt Sets 5,841-Tonne Sugar Export Quota for EU Under TRQ Scheme for 2026-27

New Delhi, Oct. 13 -- The government has allowed the export of 5,841 tonnes of sugar to the European Union (EU) under the tariff rate quota (TRQ) scheme for 2026-27, the Directorate General of Foreign... Read More


European Carmakers Likely to Shift Production to India Amid Rising Costs in Europe: Piyush Goyal

New Delhi, Oct. 13 -- Commerce and Industry Minister Piyush Goyal on Monday said India is poised to emerge as a global automobile manufacturing hub, with European carmakers likely to shift production ... Read More


Power Sector Profits May Rise 11% In Q2FY27 On Strong Demand, Higher PLFs

New Delhi, Oct. 13 -- India's power sector is expected to report up to 11 per cent year-on-year (YoY) profit growth in Q2FY27, supported by strong electricity demand, higher plant load factors and pot... Read More


Sitharaman Urges Steel Industry To Boost Specialty Steel Production, Cut Emissions

New Delhi, Oct. 13 -- Finance Minister Nirmala Sitharaman on Monday urged domestic steel producers to accelerate decarbonisation and increase specialty steel production to reduce import dependence. A... Read More


DGTR Initiates Anti-Dumping Investigation Into Chinese Penicillin G Imports

New Delhi, Oct. 13 -- India has initiated an anti-dumping investigation into imports of Penicillin G and its salts from China following a complaint by domestic manufacturer Lyfius Pharma, which allege... Read More


India Considers Local Manufacturing Mandate For Solar Inverters, Batteries

New Delhi, Oct. 13 -- The Ministry of New and Renewable Energy is examining proposals to mandate domestically manufactured solar inverters and introduce minimum local content requirements for batterie... Read More


Piyush Goyal Calls for Global Technology Adoption, Employment Generation

New Delhi, Oct. 12 -- Union Commerce and Industry Minister Piyush Goyal called for greater adoption of global technologies and identification of sectors with potential to generate employment and busin... Read More


Coal Stocks at Power Plants Stay Above 18 MT as Supply Improves in October

New Delhi, Oct. 12 -- Coal stocks at domestic coal-based power plants stood at 18.205 million tonnes (MT) on October 10, remaining above 18 MT since September 29, when stocks were 18.932 MT, according... Read More


Banks Urge RBI to Ease 20% Forex Deposit Rule, Seek Clarity on Rupee-Defence Measures

New Delhi, Oct. 12 -- Banks have urged the Reserve Bank of India (RBI) to ease its recently announced requirement for a 20 per cent cash deposit on certain foreign exchange (FX) derivatives and remove... Read More


Services Sector Optimistic on Q3FY27 Demand, but Firms Cautious on Costs and Margins: RBI

New Delhi, Oct. 12 -- India's services sector is expected to maintain a positive demand outlook in Q3FY27, although business optimism has moderated from the previous quarter, with firms anticipating s... Read More