Pharmaceutical giant Lupin Ltd has announced the launch of its Ipratropium Bromide nasal spray in the U.S. market, offering two strengths—0.03% and 0.06%—to treat runny nose symptoms linked to allergic and nonallergic rhinitis as well as the common cold. The formulations are bioequivalent to Boehringer Ingelheim’s Atrovent nasal spray, which reported annual sales of approximately USD 63 million as of May 2025.

Godrej Consumer Products Ltd (GCPL) projects its standalone India business margins to remain below the normative range in the June quarter, driven primarily by commodity cost pressures and price-volume adjustments. Despite this, the company anticipates healthy high-single-digit value growth supported by strong volume expansion. The home care segment is poised to deliver double-digit value and volume growth, while personal care faces headwinds due to softness in soaps.

Campus Activewear Ltd, a prominent sports and athleisure footwear brand, has officially entered the Sri Lankan market via a collaboration with Hameedia Group’s menswear brand, Signature. This alliance will enable Campus to distribute its footwear across Signature showrooms, H-Sports outlets, and online platforms, broadening consumer access in Sri Lanka. The partnership aims to replicate Campus’s robust growth in India by tapping into Sri Lanka’s expanding demand for trendy and affordable lifestyle products.

Reliance Retail Ventures Ltd (RRVL) has acquired a minority stake in UK-based FACEGYM, marking its entry into the high-growth facial fitness and skincare segment. The partnership aims to introduce FACEGYM’s innovative non-invasive facial workouts combined with advanced skincare formulations to Indian consumers. Leveraging Reliance’s omnichannel beauty platform, Tira, the company plans to establish standalone studios and curated spaces across major cities over the next five years.

India’s delegation, led by chief negotiator Rajesh Agrawal, has returned from Washington following a critical round of negotiations on an interim trade agreement with the United States. While progress has been made, unresolved issues remain in sensitive sectors such as agriculture and automobiles. With the suspension of the US’s 26 percent reciprocal tariffs on Indian goods set to expire on July 9, both countries are striving to finalize the pact before this deadline.

Dabur’s consolidated revenue is projected to grow modestly in low-single digits in the June quarter, impacted by subdued beverage sales due to unseasonal rainfall and a shortened summer season. Despite this, the company’s home and personal care (HPC) division, driven by oral, home, and skincare products, is expected to deliver robust growth, with flagship brands gaining market share. Dabur’s international business is also poised for double-digit constant currency growth.

India’s foreign exchange reserves experienced a notable recovery, rising by USD 4.84 billion to USD 702.78 billion in the week ending June 27, according to data released by the Reserve Bank of India (RBI). This rebound follows a modest decline of USD 1.01 billion the previous week. While gold reserves dipped by USD 1.23 billion, other components such as Special Drawing Rights and India’s reserve position with the International Monetary Fund (IMF) recorded incremental gains.

India’s fast-moving consumer goods (FMCG) industry navigated a turbulent first quarter of FY26, contending with unseasonal rainfall, a shortened summer, and input cost inflation that collectively hindered topline and margin growth. While demand saw a modest revival—especially in urban centers—major players like Marico, Dabur, and Godrej Consumer Products reported pressure on profitability and only low-single-digit revenue or volume increases. Despite these challenges, certain product categories and international operations provided resilience.

India’s real estate landscape presented a mixed outlook in the first half of 2025, with robust growth in the office leasing segment contrasting with a marginal dip in residential sales. According to data released by Knight Frank, housing sales across eight major cities declined by 2% year-on-year to 1.7 lakh units, while office leasing rose sharply by 41% to 48.9 million square feet. This divergence underscores shifting priorities in post-pandemic real estate, with demand surging for commercial properties, especially in IT and business hubs.

The Haryana Excise and Taxation Department has recorded a significant windfall of Rs. 12,615 crore from its ongoing liquor license auctions, demonstrating both administrative efficiency and heightened market participation. With 1,081 out of 1,194 excise zones already successfully auctioned, the state is nearing full implementation of its revamped excise policy. The introduction of a longer, two-year licensing period and a fully digitized auction process has further boosted confidence and transparency, resulting in higher revenues than previous years.