Mercedes-Benz India has announced plans to raise prices by 1% to 1.5% across its vehicle lineup starting September, citing escalating input and operational costs as key drivers behind the decision. This adjustment comes as the luxury auto market navigates global supply chain pressures, fluctuating commodity rates, and evolving customer demand. Despite the modest increase, Mercedes-Benz remains confident that India’s growing appetite for premium vehicles will sustain sales momentum.

Industry leaders and renewable energy stakeholders are urging the government to introduce a dedicated subsidy of Rs. 10,000 per biogas plant, aiming to catalyze the growth of India’s decentralized clean energy sector. The proposal is positioned as a strategic intervention to unlock rural economic potential, reduce dependence on fossil fuels, and advance India’s climate commitments.

Marico Ltd., a leading name in India’s fast-moving consumer goods (FMCG) sector, has unveiled an ambitious blueprint to achieve Rs. 20,000 crore in annual revenue by 2030. This target underscores the company’s confidence in sustaining double-digit growth over the next six years, driven by premiumisation, new product launches, and deeper rural market penetration. The strategy also involves accelerating its digital transformation and expanding its international footprint.

In a decisive move to bolster its position in the burgeoning electric mobility and energy storage sectors, NLC India Ltd. is preparing to source lithium from Russia. The initiative is aimed at insulating the company from volatile global supply chains while supporting India’s ambitious transition to clean energy. By tapping into Russia’s rich mineral reserves, NLC India intends to diversify its resource portfolio and reduce dependence on traditional markets.

Arunachal Pradesh is set to become India’s latest powerhouse—quite literally—as a series of ambitious hydropower ventures worth over Rs. 1 lakh crore begin to take shape in the northeastern state. These projects, involving multiple private and public sector players, aim to harness the vast hydroelectric potential of the region. Beyond promising a significant boost to the national grid, the initiatives are poised to generate employment, catalyze local development, and strengthen infrastructure in a strategically sensitive border state.

In the wake of a tragic air crash that claimed dozens of lives, investigators have turned to cutting-edge artificial intelligence tools provided by U.S. technology firms to expedite the retrieval and interpretation of flight recorder data. This development underscores a critical shift in aviation accident probes, where advanced algorithms are increasingly deployed to decode complex black box information within days rather than weeks.

In a striking move that risks unsettling North America’s economic balance, former U.S. President Donald Trump has formally announced a 35% tariff on all Canadian exports to the United States through a direct letter to Prime Minister Justin Trudeau. Trump argues the measure is essential to safeguard American jobs and industries, reigniting debates over protectionism and trade fairness.

In a decisive crackdown against tax evasion, the Directorate General of GST Intelligence (DGGI) has unearthed a sophisticated scam involving fraudulent input tax credit (ITC) claims amounting to Rs. 48 crore. The investigation revealed a network of shell entities generating fake invoices to siphon off GST credits without actual supply of goods or services. This operation underscores the persistent challenge authorities face in policing indirect tax fraud, even years after GST’s rollout.

In a significant boost to bilateral relations, Japan and the Indian state of Gujarat have unveiled a multi-faceted economic collaboration aimed at accelerating industrial growth, fostering technological partnerships, and deepening trade ties. This strategic alliance focuses on manufacturing, renewable energy, and smart infrastructure, leveraging Gujarat’s pro-investment environment and Japan’s advanced technological capabilities.

India’s premier international financial hub, Gujarat International Finance Tec-City (GIFT City), is emerging as a transformative catalyst for the country’s aviation sector, unlocking an estimated $5 billion in potential over the coming years. By offering tax-friendly structures and globally benchmarked regulatory frameworks, GIFT City is attracting aircraft leasing, financing, and ancillary services that traditionally flowed to hubs like Dublin and Singapore.