News

RBI cut the Cash Reserve Ratio by 1% in four tranches, freeing US$ 29.15 billion in liquidity for banks to boost lending, aiming to support economic growth and ease funding costs.
India’s auto retail sales grew 5% in May, driven by rural demand, while passenger vehicle sales dropped 3% due to geopolitical tensions and financing challenges.
Union Minister of Consumer Affairs, Food, and Public Distribution, Mr. Pralhad Joshi, highlighted India’s rise as a global manufacturing hub, driven by youth talent, sustainability efforts, and policy ...
India’s pharmaceutical market grew 7.2% in May 2025, driven by price hikes and new launches, with chronic therapies and smaller segments like urology and antineoplastics seeing strong double-digit ...
India recorded the fastest growth in industrial robot installations globally in 2023, rising 59% to 8,510 units, driven by the automotive sector, though overall robot density remains low.
India and Italy agreed to enhance cooperation in manufacturing, aerospace, energy, and mobility, focusing on green hydrogen, skilled migration, and joint working groups in the auto and space sectors.