Business

IndiGo, India’s largest airline, has finalised a commitment for 30 Airbus A350 aircraft, converting a Memorandum of Understanding signed in June into a firm order. This brings the airline’s total A350 orders to 60 aircraft. The expanded order marks a strategic shift for IndiGo as it prepares to enter the Long Haul International Market, leveraging the A350’s long range and efficiency to support its global ambitions. “Today is a special day for IndiGo as we solidify our commitment to expanding…

Recent FTAs Open New Opportunities for Indian Exporters, Promote Industrial Collaboration and Supply Chain Resilience: Shri Piyush Goyal India’s Services Sector Recognised as Core Strength; Start-Ups and Supply Chain Resilience Key Focus: Shri Piyush Goyal Strengthening Supply Chains Critical for Resilience and Self-Reliance; Government Encourages Domestic Capacity and Industry Collaboration: Shri Piyush Goyal Union Minister of Commerce and Industry, Shri Piyush Goyal, emphasised that India has undergone a significant shift in recent years and that it now negotiates from a…

New Delhi, Oct 2025: Bharat Sanchar Nigam Limited (BSNL) today announced a special Diwali Bonanza to light up customers delight across India. As families gather to celebrate the festival of lights, BSNL is introducing a bouquet of festive offers spanning every customer segment – from new users to long-time subscribers, from individual consumers to businesses, and even special benefits for senior citizens. This comprehensive promotion, which runs from October 18, 2025 through November 18, 2025, is BSNL’s way of sharing the…

The IWT Terminal handed over for Operations and Maintenance IRC to operate the MMT under 15-Year Concession Agreement Haldia Multi-Modal Terminal built under Jal Marg Vikas Project on NW-1 The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways has successfully handed over the Haldia Multi-Modal Terminal (MMT) to IRC Natural Resources, marking a key milestone in the Government of India’s push to enhance inland waterway infrastructure and promote multimodal logistics through Public Private Partnership…

China has filed a complaint with the World Trade Organization (WTO) over India’s subsidies for electric vehicles (EVs) and battery manufacturing. A spokesman of China’s Ministry of Commerce confirmed that the country had formally submitted a consultation request over multiple obligations, including ‘national treatment’, which are expressly prohibited by the WTO. Under WTO rules, the national treatment obligation is a general prohibition on the use of internal taxes and other internal regulatory measures that are meant to protect domestic production.…

India and Australia held the 5th Meeting of the India-Australia Energy Dialogue today, 16th October 2025, in New Delhi. The meeting was co-chaired by Shri Manohar Lal, Hon’ble Minister for Power and Housing & Urban Affairs, Government of India, and Mr. Chris Bowen MP, Hon’ble Minister for Climate Change and Energy, Commonwealth Government of Australia. The Indian delegation, comprising Ministry of Power, Ministry of New and Renewable Energy, Ministry of Petroleum and Natural Gas, Ministry of Mines and Ministry of Coal, made detailed…

NMDC Steel Limited (NSL), India’s youngest and a state-of-the-art integrated steel plant, has achieved a historic milestone by becoming the first company in the country to receive an Indian Standards (IS) license for “Hot Rolled Steel Strip, Sheet, and Plates for Welded Steel Pipe for Pipeline Transportation Systems – General Requirements (IS 18384:2023).” The certification was presented by the Bureau of Indian Standards (BIS) during the World Standards Day 2025 celebration organized by BIS, Raipur, at the Pandit Deendayal Upadhyay…

The recent recommendation by the Directorate General of Trade Remedies (DGTR) to impose an antidumping duty of up to 30% on Chinese solar cells is likely to boost the domestic solar cell manufacturing sector. The antidumping duty recommendation also applies to modules using solar cells, originating in or exported from China. The DGTR has proposed to impose the duty for three years. Despite the challenges of cell supply crunches and rising module costs, both module and cell producers have welcomed…

Production soars to ₹11.3 lakh crore in 2024–25, six-fold over the decade Key Takeaways Introduction Electronics has become the engine of innovation and growth, powering economies and redefining the technological landscape. Across the world, the sector is driving advancements in communication, automation, and connectivity, shaping how societies live, work, and interact. India has rapidly transformed into a major electronics manufacturing hub, marking nearly a six-fold increase in production over the past decade. The sector has not only expanded its industrial…

Key Takeaways · India and EFTA signed the Trade and Economic Partnership Agreement (TEPA) on 10 March 2024; it took effect on 1 October 2025, marking India’s first FTA with four developed European nations. · TEPA commits USD 100 billion in investments and 1 million direct jobs over 15 years, the first binding pledge of its kind in any Indian FTA. · EFTA covers 92.2% of tariff lines (99.6% of India’s exports), while India covers 82.7% (95.3% of EFTA’s exports), protecting key sectors like dairy, soya, coal, and agriculture. · The pact expands market access, drives manufacturing…