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India's Non-Fossil Power Capacity Crosses 300 GW, Reaches 60% Of 2030 Target

New Delhi, Aug. 10 -- India has crossed 300 GW of installed non-fossil fuel-based electricity generation capacity, achieving 60 percent of its 500 GW target set for 2030, the Ministry of New and Renew... Read More


India Records Rs 26.75 Lakh Crore Investment Announcements In FY27 So Far

New Delhi, Aug. 10 -- Investment announcements in India stood at Rs 26.75 lakh crore between April 1 and August 5 of 2026-27, with the information technology-enabled services (ITeS) sector accounting ... Read More


Government Considers Rs 15,000 Crore Threshold For CCEA FDI Approvals

New Delhi, Aug. 10 -- The government is considering raising the threshold for foreign direct investment (FDI) proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 1... Read More


Record USD 19.7 Billion FPI Outflows Hit Indian Equities In FY26: SEBI

New Delhi, Aug. 10 -- India's financial markets are expected to remain supported by resilient domestic economic fundamentals in 2026-27, although geopolitical uncertainty, elevated commodity prices an... Read More


UP Attracts Rs 45,000 Crore Investment Commitments Across Key Manufacturing Sectors

Lucknow, Aug. 10 -- Uttar Pradesh has received investment commitments exceeding Rs 45,000 crore from eight companies across semiconductor, electronics, renewable energy and advanced manufacturing sect... Read More


Government Approves 105 Chip Design Firms For EDA Tool Support

New Delhi, Aug. 8 -- The government has approved 105 semiconductor chip design companies for advanced Electronic Design Automation (EDA) tools under the Design Linked Incentive (DLI) Scheme, while 24 ... Read More


India's Crude Steel Production Reaches 170.15 MT In FY26

New Delhi, Aug. 8 -- India's crude steel production increased to 170.15 million tonnes (MT) in FY 2025-26 from 144.30 MT in FY 2023-24, while crude steel capacity expanded to 220.41 MT, the government... Read More


Payments Council Backs MDR On UPI, Says Sustained Investment Key To Ensuring Reliability

New Delhi, Aug. 8 -- The Payments Council of India (PCI) has supported discussions around introducing a merchant discount rate (MDR) for the Unified Payments Interface (UPI), stating that sustained in... Read More


India's Medical Device Market May Hit USD 250 Bn By 2047: FICCI-DUA Report

New Delhi, Aug. 8 -- India's medical device industry is projected to grow into a USD 250 billion market by 2047, according to a white paper released by FICCI and DUA Consulting. The report, unveiled ... Read More


RBI Proposes Restricting NBFCs To Term Loans, Bars Revolving Credit

New Delhi, Aug. 8 -- The Reserve Bank of India (RBI) has proposed restricting non-banking financial companies (NBFCs) to offering only term loans, effectively disallowing revolving credit products und... Read More