The Government of India has unveiled the GoIStats mobile application, developed by the National Sample Survey Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI), to provide seamless, real-time access to key national data. This digital platform, launched alongside celebrations for the 75th anniversary of the National Sample Survey (NSS) and Statistics Day, offers users an interactive dashboard with dynamic visualizations of critical socio-economic indicators such as GDP, inflation, and employment.

India and the United States are intensifying efforts to finalize an interim trade agreement ahead of the July 9 deadline that could see suspended U.S. tariffs on Indian goods reinstated. With negotiations underway in Washington, a strengthened Indian delegation—now including experts from the Centre for Trade and Investment Law—is navigating complex demands on both sides. While India seeks tariff relief and greater market access for its labor-intensive exports, the U.S. is pushing for concessions in key sectors like agriculture, dairy, and electric vehicles.

Curefoods India, a prominent player in India’s cloud kitchen and multi-brand food services segment, has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The offering comprises a fresh issue worth Rs. 800 crore and an offer-for-sale (OFS) of 4.85 crore equity shares by existing investors. The proceeds will support the company's rapid expansion—particularly for Krispy Kreme outlets—debt repayment, marketing, and strategic investments.

India’s automotive industry is bracing for severe supply chain disruptions due to an ongoing delay in securing rare earth magnet imports from China. Despite visa approvals for dozens of Indian executives, the delegation awaits a formal meeting clearance from Chinese authorities, jeopardizing access to materials critical for electric and hybrid vehicles. China, which processes over 90% of the world’s rare earth magnets, recently imposed stringent export controls, including license requirements and end-use disclosures.

Russian oil giant Rosneft is exploring a strategic exit from its majority stake in Nayara Energy, sparking early-stage acquisition discussions with India’s Reliance Industries. Nayara, with its 20-million-tonnes-per-annum (MTPA) refinery and expansive network of 6,750 fuel stations, presents a transformative opportunity for Reliance to surpass Indian Oil Corporation (IOC) as the country’s top refiner. However, valuation hurdles and geopolitical complexities, including Western sanctions on Rosneft, are impeding progress.

Tata Steel has been issued a show cause-cum-demand notice by tax authorities alleging irregular input tax credit (ITC) claims totaling over Rs 1,000 crore for the fiscal years 2018-19 through 2022-23. The notice requires the company to respond within 30 days to the Central GST and Central Excise authorities in Jamshedpur. While Tata Steel has already remitted over Rs 514 crore in GST during normal business operations, the net disputed exposure stands at approximately Rs 493 crore.

Signature Global is set to inject approximately Rs 2,200 crore into a new premium housing project in Gurugram, aiming to bolster its market presence and achieve more than 20% growth in pre-sales this fiscal year. The recently launched 'Cloverdale' project includes 770 high-end apartments located on Southern Peripheral Road, Sector 71. Building on its strong financial performance—posting a net profit surge to Rs 101.2 crore last fiscal—and robust pre-sales of Rs 10,290 crore, the company projects pre-sales of Rs 12,500 crore this year.

Reliance Power Ltd, under the leadership of Anil Ambani, is strategically expanding its footprint in international energy markets by bidding for a 1,500-megawatt (MW) gas-based power project overseas, targeting countries like Kuwait, the UAE, and Malaysia. This initiative leverages the company’s ready inventory of world-class gas turbine equipment, enabling rapid project execution compared to standard global delivery timelines.

After more than a decade of legal limbo and financial distress, the National Spot Exchange Ltd. (NSEL) may finally be approaching closure on one of India's most protracted market controversies. The NSEL Investors Forum (NIF) has appealed to the Maharashtra Chief Minister for support in facilitating a Rs. 1,950 crore one-time settlement proposal, which aims to compensate 5,682 traders impacted by the 2013 payment default.

Mahindra Holidays & Resorts India Ltd has been served a significant tax demand notice exceeding Rs. 363 crore, including penalties, linked to the reporting of integrated goods and services tax (IGST) on its club membership services. The demand pertains to the fiscal year 2018-19 and stems from allegations of misreporting IGST instead of the appropriate CGST and SGST components. The company has announced its intention to pursue legal avenues to challenge the notice, underscoring the ongoing complexities and scrutiny in GST compliance for service-based industries.