Amazon views India as a long-term investment market, citing the early-stage nature of e-commerce and strong macroeconomic fundamentals and upbeat consumer sentiments as key growth drivers, a senior company executive said, according to a PTI report dated March 22, 2026. Amazon’s Vice President of Operations for India and Australia, Abhinav … Read More
State Bank of India (SBI) has received an income tax demand of Rs 63,37,52,52,550 (approximately Rs 6,337.5 crore), including interest, for the assessment year 2023–24, following a scrutiny assessment by the Income Tax Department, according to an exchange filing dated March 20, 2026. Order Issued Under Income Tax Act Provisions … Read More
Axis Bank has announced a strategic collaboration with Tesla, becoming a preferred financier for the electric vehicle (EV) major in India. The partnership aims to provide seamless, customer-centric financing solutions to facilitate the adoption of Tesla vehicles across the country. “This collaboration underscores Axis Bank’s commitment to accelerating electric mobility … Read More
The Government of India on Saturday assured citizens that the delivery of domestic LPG cylinders across the country remains normal, despite ongoing geopolitical developments in West Asia and disruptions such as the closure of the Strait of Hormuz. The Centre stated that comprehensive measures have been undertaken to ensure energy … Read More
The Ministry of Coal on Saturday said that India has reached a significant milestone in its energy sector, achieving 1 billion tonnes (BT) of coal production on March 20, 2026, for the second consecutive year. “This significant milestone underscores India’s growing self-reliance in the energy sector and its commitment to … Read More
India’s pharmaceutical industry is poised for significant expansion, with the domestic market projected to grow from USD 60 billion to USD 130 billion by 2030, according to the Economic Survey 2025–26. The sector, which plays a pivotal role at the intersection of public health and economic development, continues to strengthen … Read More
India continues to maintain a strong coal supply position, ensuring reliable baseload power for core sectors such as steel and cement that drive economic growth. Coal production remains aligned with prevailing demand, supported by efficient transportation logistics, particularly through the Railways, enabling steady supply to consumers. “The coal production in … Read More
NITI Aayog on Thursday released a report titled “Realising the Export Potential of India’s Sports Equipment Manufacturing Sector”, outlining a comprehensive assessment of India’s manufacturing capabilities, global market opportunities, and the policy interventions required to position the country as a competitive player in the global sports equipment industry. The report … Read More
India’s bioeconomy has witnessed a remarkable expansion over the past decade, growing from nearly USD 10 billion in 2014 to over USD 195 billion in 2025, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Jitendra … Read More
Amid evolving geopolitical developments in West Asia, the Government of India has undertaken a series of coordinated measures to ensure adequate fertiliser availability for the upcoming Kharif 2026 season, combining enhanced domestic production with diversified global procurement, according to an official statement from the Ministry of Chemicals and Fertilisers dated … Read More
The Department of Posts will launch a new premium express service, 24 Speed Post, on March 17, 2026, offering next-day guaranteed delivery for urgent and time-sensitive consignments. The service will be formally unveiled at the Rangbhawan Auditorium at 12:30 pm, according to an official statement from the Ministry of Communications … Read More
Ola Co-Founder and CEO Bhavish Aggarwal on Wednesday said electric vehicles (EVs) offer far greater cost savings than is commonly understood, arguing that electric two-wheelers are nearly 90 percent cheaper to operate than their petrol-powered counterparts. EV Running Costs Far Lower Than ICE Vehicles In a post on X on … Read More
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