Indian companies are expected to roll out average salary increases of about 9% in 2026, in line with the previous year, according to a recent Mercer Total Remuneration Survey covering more than 1,500 organisations. The findings indicate sustained confidence within the corporate sector despite a challenging global environment.…
India has launched a Nuclear Energy Mission with the objective of developing around 100 GW of nuclear power capacity by 2047, as outlined by Prime Minister Narendra Modi. The mission focuses on expanding nuclear generation through a combination of indigenous technologies, the Make in India initiative, and international…
The Government of India’s Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme, notified in April 2020, is advancing the creation of modern electronics manufacturing infrastructure across the country. The scheme focuses on developing specialised clusters equipped with shared facilities such as industrial plots, ready-built factory sheds, and plug-and-play units…
India has strengthened its position as a leading global exporter of digital services, supported by sustained growth in information technology and IT-enabled services, according to a recent report on the country’s digital economy. The findings highlight a steady increase in India’s share of global digital services trade. The…
India and Oman are nearing the conclusion of a Free Trade Agreement (FTA) that is expected to improve market access for Indian exporters in Oman and the wider Gulf region, according to Union Minister of Commerce and Industry Piyush Goyal. The proposed agreement is aimed at reducing or…
India’s telecom exports have registered a sharp rise of 72%, increasing from ₹10,000 crore (US$ 1.10 billion) to ₹18,406 crore (US$ 2.03 billion), according to data shared by Union Minister Jyotiraditya Scindia. The growth highlights a notable expansion in the country’s telecommunications manufacturing and export capabilities. The increase…
The Indian Parliament has passed a bill permitting foreign direct investment (FDI) of up to 100% in the insurance sector. The legislative change removes the earlier cap and allows foreign investors to hold complete ownership in insurance companies operating in India. Under the previous framework, FDI beyond 74%…
India has added significant capacity in the bioenergy segment over the past decade, with the installation of 2,361 MW of biomass-based power projects and 228 MWe of waste-to-energy facilities. In addition, around 2.88 lakh biogas plants have been set up nationwide to support the adoption of sustainable energy…
The Union Government has provided an update in Parliament on the implementation and progress of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. The information was shared in a written reply during Lok Sabha proceedings by the Union Agriculture Minister. Cumulative Fund Transfers Since the launch of the…
Jio Financial Services Limited (JFS) has appointed Venkata Peri as its group chief operating officer, filling a key leadership position that had been vacant since mid-2024. The appointment aligns with the company’s ongoing efforts to scale its presence across lending, asset management, and technology-led financial services. Appointment Details…