Fiscal Deficit Target Achieved Through Spending Discipline India's fiscal management strategy in FY26 was marked by a significant reduction in government spending, enabling the Centre to successfully achieve its fiscal deficit target of 4.4% of Gross Domestic Product (GDP). According to official government accounts, the fiscal deficit remained…
Infosys Extends Gains Amid Strong Momentum in IT Stocks Infosys remained one of the top performers in the technology sector as investor sentiment toward IT companies strengthened significantly. The stock witnessed robust buying activity for the second consecutive trading session, benefiting from renewed optimism surrounding artificial intelligence adoption…
Karnataka Bank and Tobacco Board Join Hands to Support Farmers In a significant move aimed at strengthening financial support for the agricultural sector, Karnataka Bank has partnered with the Tobacco Board, Government of India, to offer customized banking and financial services to registered tobacco growers in Karnataka. The…
GMDC Partners with University of Cambridge for Strategic Rare Earth Initiative In a major step toward strengthening India's critical minerals ecosystem, Gujarat Mineral Development Corporation (GMDC) has entered into a strategic collaboration with the University of Cambridge to develop an advanced Rare Earth Supply Chain Observatory powered by…
Aditya Birla Group Takes Lead in Sprng Energy Acquisition Race India's renewable energy sector is witnessing heightened acquisition activity as leading corporations and global investors compete for strategic clean energy assets. In a significant development, the Aditya Birla Group has reportedly emerged as the frontrunner to acquire Sprng…
India's marine products sector delivered its best-ever export performance during FY26, setting a new benchmark for the country's seafood industry. Despite global economic uncertainties, shifting trade patterns, and supply chain challenges, Indian seafood exports recorded unprecedented growth in both volume and value. According to industry data, total seafood…
India and Australia have taken another significant step in strengthening their strategic partnership by agreeing to initiate work on a Memorandum of Understanding (MoU) covering the provision of defence articles and defence services. The development emerged from the second India-Australia Defence Ministers' Dialogue, highlighting the growing depth and…
India's digital commerce landscape continues to evolve with the rapid growth of the Open Network for Digital Commerce (ONDC), which has now crossed the milestone of 450 million cumulative transactions. The achievement highlights the increasing adoption of the government's open-network model and its expansion beyond traditional e-commerce into…
India and Oman have entered a new phase of economic cooperation with the implementation of the Comprehensive Economic Partnership Agreement (CEPA) from June 1, 2026. The landmark trade agreement is expected to significantly deepen bilateral commercial ties, expand market access, and create new growth opportunities for businesses in…
FMCG major Emami Limited has completed the acquisition of a controlling stake in IncNut Digital Private Limited, marking a significant milestone in its strategy to expand beyond traditional consumer goods and strengthen its position in the rapidly growing digital commerce landscape. The company acquired 2,05,767 equity shares of…
