Alpex Solar, one of India’s emerging renewable energy manufacturers, has raised ₹260 crore through a preferential allotment of equity shares and warrants. The fresh capital will support its ambitious expansion strategy, including scaling solar module capacity to 3.6 GW, commissioning its first solar cell manufacturing line, and establishing an aluminium frame plant. With operations currently spread across six facilities in Uttar Pradesh and Madhya Pradesh, the company is positioning itself as an integrated player in India’s clean energy value chain.

Finbud Financial Services Ltd, operating under the brand name Finance Buddha, has secured in-principle approval from the National Stock Exchange's Emerge platform to launch its Small and Medium Enterprise (SME) Initial Public Offering (IPO). The company, known for its "phygital" approach to lending, combines physical and digital channels to offer financial products.

The Punjab government has sanctioned 15,613 Crop Residue Management (CRM) machines out of 16,837 applications received from farmers, as part of its comprehensive ₹500 crore action plan aimed at reducing stubble burning and promoting sustainable agricultural practices. Among the various CRM equipment, the Super Seeder has emerged as the most popular choice among farmers, with 14,493 applications. Other machines in demand include the RMB Plough, Mulcher, Zero Till Drill, and Rake.

The Indian Hotels Company Limited (IHCL), in collaboration with the Ambuja Neotia Group, has inaugurated the Taj Ganga Kutir Resort & Spa in Raichak, West Bengal. Situated on the tranquil banks of the Ganges River, this luxury resort offers a blend of rustic charm and modern amenities, providing guests with an immersive experience of Bengal's countryside. The resort features 155 elegantly designed rooms and suites, curated dining options, a signature spa, and extensive banqueting facilities, making it an ideal destination for both leisure and business travelers.

India and Russia have reaffirmed their long-standing bilateral partnership, emphasizing defense, trade, and economic collaboration. During the Uttar Pradesh International Trade Show (UPITS) 2025, Prime Minister Narendra Modi highlighted the “time-tested” relationship with Russia, even as India faces external pressures, including U.S. tariffs and sanctions linked to its oil imports from Russia. Key defense initiatives, such as the joint production of AK-203 rifles and BrahMos missiles, exemplify the growing strategic alignment.

IndiGo Airlines and SBI Card have launched a co-branded credit card designed to enhance travel benefits for frequent flyers. Available in two variants—the IndiGo SBI Card and IndiGo SBI Card ELITE—the offering integrates with IndiGo’s BluChip loyalty program, allowing cardholders to earn and redeem points on flights, hotel bookings, and other partner services. The card provides additional perks such as domestic airport lounge access, milestone rewards, and fuel surcharge waivers.

India is intensifying its efforts to establish itself as a global leader in renewable energy and green hydrogen exports. With significant investments in solar, wind, and green hydrogen sectors, the country aims to achieve 500 GW of non-fossil fuel capacity by 2030. Strategic partnerships with nations like Japan and Singapore underscore India's commitment to sustainable energy and international collaboration.

Renewable Energy Capacity Growth

Uttar Pradesh (UP), once considered a laggard in India's economic landscape, has experienced a remarkable transformation under the leadership of Chief Minister Yogi Adityanath and the strategic guidance of Prime Minister Narendra Modi. With a focus on infrastructure development, industrial growth, and social welfare, UP is emerging as a significant economic powerhouse. The state's ambitious Vision 2047 aims to propel UP into a $6 trillion economy, positioning it as a leader in India's march toward becoming a developed nation.

Economic Growth and Infrastructure Development

In a landmark move to strengthen the regional palm oil industry, the Solvent Extractors’ Association of India (SEA), the Asian Palm Oil Alliance (APOA), and the Indonesian Palm Oil Association (GAPKI) have entered a three-year Memorandum of Understanding (MoU). This collaboration aims to enhance trade facilitation, stabilize supply chains, and promote sustainable palm oil production across Asia.

India's smartphone exports experienced a robust 39% year-on-year growth in August 2025, totaling approximately $1.53 billion, according to the India Cellular & Electronics Association (ICEA). Exports to the United States more than doubled, rising by 148% to $965 million from $388 million in August 2024. This surge underscores India's growing prominence in global smartphone manufacturing and export markets.

Record-Breaking Growth in U.S. Shipments