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By Gurleen Bajwa , 31 August 2025
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Medtech Sector Eyes Growth Boost with PLI Scheme and Raw Material Reforms

India’s medtech sector is poised for accelerated growth, driven by government incentives under the Production-Linked Incentive (PLI) scheme and reforms in raw material procurement. The PLI program aims to enhance domestic manufacturing, reduce import dependence, and encourage exports of high-value medical devices. Simultaneously, easier access to critical raw materials is expected to improve production efficiency and cost competitiveness. Industry experts predict that these combined measures will not only strengthen the supply chain but also position India as a global medtech hub.

Tags

  • Medtech Sector
  • Economy
By Maulik Majumdar , 31 August 2025
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Tea Board Calls for Alignment with FSSAI Norms in Tea Auctions

The Tea Board of India has emphasized the need to align tea auction practices with Food Safety and Standards Authority of India (FSSAI) regulations, aiming to enhance food safety, quality assurance, and consumer confidence. The move seeks to standardize processes across auctions, ensuring that only compliant tea consignments are traded. By enforcing stricter adherence to FSSAI norms, the Tea Board intends to boost both domestic and international market credibility, supporting India’s position as a leading global tea exporter.

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  • FSSAI
  • FMCG Sector
  • Economy
By Vinod Pathak , 31 August 2025
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AHPI Reverses Suspension of Bajaj Allianz After Reaching Understanding

In a significant development for the healthcare and insurance sectors, the Association of Healthcare Providers of India (AHPI) has withdrawn its suspension notice against Bajaj Allianz General Insurance. The decision comes after constructive dialogue between both parties, aimed at addressing disputes surrounding claim settlement practices and hospital payments. The resolution is expected to ease tensions that had been escalating between insurers and healthcare providers, ensuring smoother patient services and better industry coordination.

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  • AHPI
  • Business
  • Insurance
  • Trending
  • Healthcare
By Parvati Das , 31 August 2025
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States Seek Extended GST Compensation Amid Revenue Concerns

India’s states are once again urging the central government to extend compensation for losses incurred under the Goods and Services Tax (GST) regime, citing widening fiscal gaps and mounting expenditure needs. The five-year compensation window, which ended in June 2022, was originally designed to safeguard states against revenue shortfalls during the transition to GST. With several states reporting significant declines in collections relative to pre-GST projections, the demand for renewed compensation has resurfaced.

Tags

  • GST
  • Economy
By Agamveer Singh , 31 August 2025
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PFC Partners with JBIC to Finance India’s Clean Energy Transition

Power Finance Corporation (PFC), India’s leading power sector financier, has joined hands with the Japan Bank for International Cooperation (JBIC) to channel fresh capital into India’s clean energy ecosystem. The partnership focuses on funding renewable power projects, grid modernization, and energy efficiency initiatives across the country. With India targeting ambitious renewable capacity additions to meet its climate commitments, the financial backing from JBIC adds a critical layer of international support.

Tags

  • Power
  • Finance
By Agamveer Singh , 31 August 2025
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Reliance Jio Targets Landmark IPO in 2026, Sets Sights on Global Expansion

Reliance Jio Platforms, India’s largest telecom and digital services provider, has announced plans to launch its much-anticipated initial public offering (IPO) in the first half of 2026. The move, described by industry experts as a watershed moment for India’s capital markets, is expected to unlock significant shareholder value and attract global investors. Alongside the IPO, Jio is pursuing an aggressive overseas expansion strategy, aiming to export its digital platforms and technological expertise to international markets.

Tags

  • IPO Watch
  • Telecom
  • Stock Markets
By Nimrat , 31 August 2025
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ABB India Secures Rs. 174 Crore Contract from Siemens Gamesa to Power Renewable Growth

ABB India has won a significant Rs. 174 crore order from Siemens Gamesa for supplying advanced power and automation solutions to support India’s expanding renewable energy infrastructure. The contract underscores ABB’s growing role in delivering cutting-edge electrification technology to the wind energy sector, reinforcing its position as a key partner in the nation’s clean energy transition. This development not only strengthens ABB’s market presence but also highlights the increasing investments in sustainable solutions as India accelerates its renewable capacity.

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  • Energy
  • Company News
By Gurminder Mangat , 31 August 2025
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Patel Engineering to Raise Rs. 90 Crore Through Non-Convertible Debentures

Patel Engineering Ltd., a leading player in the infrastructure and construction sector, has announced plans to raise Rs. 90 crore through the issuance of non-convertible debentures (NCDs). The move is aimed at strengthening the company’s balance sheet, meeting working capital needs, and supporting ongoing infrastructure projects across India. By tapping the debt market, Patel Engineering seeks to ensure steady cash flow and financial flexibility while minimizing dilution of shareholder equity.

Tags

  • Infrastructure
  • Company News
By Maulik Majumdar , 31 August 2025
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Operation Sindoor: India’s Strategic Triumph Against Terrorism

Operation Sindoor marked a pivotal chapter in India’s relentless fight against terrorism, demonstrating the nation’s resolve, military precision, and intelligence capability. Conducted with calculated strategy, the operation neutralized major threats, dismantled terror networks, and reasserted India’s defense preparedness. Beyond its tactical achievements, Operation Sindoor carried symbolic weight—projecting India’s message that national sovereignty and civilian safety are non-negotiable.

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  • India News
  • Operation Sindoor
  • Terrorism
By Vrinda Chaturvedi , 31 August 2025
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Government Unveils Fresh Policy Measures to Accelerate India’s Export Growth

Commerce and Industry Minister Piyush Goyal has announced a series of new measures aimed at boosting India’s exports and strengthening its position in global trade. The initiatives focus on easing regulatory bottlenecks, expanding market access, and providing targeted support to key sectors such as textiles, engineering goods, electronics, and agricultural products. The government also emphasized the importance of diversifying export destinations and leveraging free trade agreements to capture new opportunities.

Tags

  • Exports
  • Economy
  • India News

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