India’s tax authorities have intensified enforcement under the Goods and Services Tax (GST) regime, uncovering GST evasion valued at Rs 1.6 lakh crore over the past three years. Enhanced data analytics, strengthened inter-agency coordination, and targeted compliance checks have significantly improved the system’s ability to identify fraudulent input tax credit claims, shell companies, and under-reported transactions. As authorities tighten oversight, businesses are expected to adopt more transparent tax practices.

Apple is advancing its long-term growth strategy in India by expanding its retail presence across major metropolitan markets. The move reflects the company’s rising focus on India as a high-potential consumer hub and an increasingly important component of its global supply chain. With growing demand for premium smartphones, wearables, and personal computers, Apple aims to strengthen brand accessibility, enhance customer service, and deepen engagement through company-owned stores and authorized retail partners.

Godrej Agrovet Ltd. has unveiled plans to invest Rs 150 crore in establishing a modern dairy processing plant in Telangana, marking a strategic expansion of its dairy operations in southern India. The project aims to enhance the company’s production capacity, strengthen its supply chain, and meet the increasing demand for high-quality milk and value-added dairy products. In addition to supporting regional farmers, the facility is expected to create new employment opportunities and boost rural economic development.

India has introduced a tax exemption for diamond imports under the newly notified Diamond Import Authorisation (DIA) scheme, marking a pivotal move aimed at strengthening the country’s gem and jewellery sector. The exemption is expected to enhance the industry’s competitiveness, support exporters, and ease the cost burden on manufacturers who rely heavily on imported rough diamonds. By modernising import norms and simplifying compliance requirements, the government aims to bolster India’s position as a global diamond-cutting and polishing hub.

India has recorded a significant milestone in financial recovery as individuals successfully claimed more than Rs 2,000 crore in unclaimed assets, marking one of the largest retrieval waves in recent years. The spike reflects growing public awareness, improved digital systems, and coordinated efforts by regulators and financial institutions to streamline the reclaiming process. From dormant bank accounts to unpaid insurance proceeds and matured investments, a wide spectrum of financial assets has resurfaced.

Tata Power has successfully commissioned the Koteshwar–Rishikesh transmission line, marking a significant step toward enhancing Uttarakhand’s power evacuation and grid reliability. The new infrastructure is expected to improve the state’s capacity to transmit electricity efficiently from hydroelectric projects to major demand centres. By reinforcing critical power corridors, the development aims to reduce transmission bottlenecks and support the region’s growing energy needs.

The global aviation industry is preparing for prolonged supply chain challenges as airlines continue to grapple with delays, parts shortages, and higher maintenance costs. According to recent assessments highlighted by the International Air Transport Association (IATA), disruptions stemming from manufacturing bottlenecks and slower-than-expected recovery in aircraft component production are weighing heavily on carriers worldwide. These constraints are affecting fleet availability, route planning, and operational efficiency at a time when passenger demand is steadily climbing.

Birla Estates has reported luxury home sales worth Rs 1,800 crore, highlighting a powerful surge in India’s premium residential market. The company’s latest performance reflects an accelerating appetite for upscale living spaces driven by high-net-worth buyers, upgraded lifestyle expectations, and rising urban affluence. Despite broader economic uncertainties, the luxury real estate segment continues to display resilience, supported by limited supply, superior amenities, and strong investor sentiment.

India’s equity capital markets have entered a transformative phase, with annual initial public offering (IPO) fundraising of around USD 20 billion emerging as the new normal. Driven by robust domestic liquidity, rising participation from retail investors, and a maturing corporate ecosystem, the country is now among the world’s most active markets for public listings. Analysts note that India’s macroeconomic resilience, expanding digital economy, and strong regulatory framework continue to attract both domestic and global investors.

Crisil has released an analytical review of the Reserve Bank of India’s updated bank group guidelines, offering insight into how the regulatory changes may influence credit quality, risk management, and governance standards across the financial sector. The revised framework seeks to strengthen oversight of banking groups, enhance transparency, and tighten control over intra-group exposures. Crisil’s assessment highlights the potential benefits for systemic resilience while acknowledging the operational adjustments banks will need to implement.