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By Kunal Shrivastav , 28 August 2025
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India Cuts Honey Export Price to Rs. 1,400 per Tonne Amid Global Market Pressures

India’s honey export industry, a crucial segment within the agricultural export basket, has witnessed a notable price revision, with export rates reduced to Rs. 1,400 per tonne. This adjustment comes in response to global market dynamics, where heightened competition, fluctuating demand, and cost pressures are reshaping the pricing structure of agricultural commodities. For exporters, the revised price point reflects both an opportunity to remain competitive in international markets and a challenge in balancing profitability against rising production costs.

Tags

  • Exports
  • Agriculture
By Vrinda Chaturvedi , 28 August 2025
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Eris Lifesciences Secures Regulatory Clearance in Brazil, Expands Global Footprint

Eris Lifesciences, a leading player in India’s pharmaceutical sector, has received approval from Brazil’s health regulator to market its products in the Latin American nation. This development marks a significant step in the company’s global expansion strategy and highlights its growing focus on tapping high-potential emerging markets. With Brazil being the largest pharmaceutical market in Latin America and among the top globally, the approval is expected to enhance Eris’s international presence while opening new revenue streams.

Tags

  • Pharmaceutical
  • Company News
By Agamveer Singh , 28 August 2025
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HUDCO to Mobilize Rs 3,000 Crore Through Debenture Issuance

Housing and Urban Development Corporation (HUDCO), a leading state-owned financial institution, has announced plans to raise Rs. 3,000 crore through the issuance of non-convertible debentures (NCDs). This fundraising move is part of HUDCO’s strategy to strengthen its financial resources, ensuring adequate liquidity to support its infrastructure and housing finance projects across the country. By opting for debt instruments, the corporation aims to diversify its funding base while catering to the growing demand for affordable housing and urban infrastructure.

Tags

  • Financial Sector
  • Infrastructure
  • Real Estate
By Agamveer Singh , 28 August 2025
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Rupee Strengthens Against Dollar as RBI Intervention Lends Support

The Indian rupee advanced against the US dollar on Wednesday, buoyed by suspected intervention from the Reserve Bank of India (RBI) and easing crude oil prices in global markets. The domestic currency, which had been under pressure from sustained foreign capital outflows and global risk aversion, found stability as the central bank stepped in to curb volatility.

Tags

  • Economy
  • India News
  • RBI
By Neena Shukla , 28 August 2025
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Indian Stock Markets Slide as US Tariff Decision Triggers Global Sell-off

Indian equities tumbled sharply as investors reacted to the United States’ latest tariff measures, sparking a global wave of risk aversion. The benchmark indices closed deep in the red, dragged down by heavy selling across metals, IT, and export-oriented sectors that face direct exposure to trade headwinds. Broader markets also witnessed profit-booking, with mid- and small-cap stocks under pressure. Analysts warn that heightened geopolitical tensions and protectionist policies could disrupt global supply chains, dampen corporate earnings, and delay investment plans.

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  • Stock Markets
  • IT
  • Pharmaceutical
  • BSE
  • NSE
By Nimrat , 28 August 2025
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Starlink’s India Entry Hinges on Data Security Compliance

Elon Musk’s Starlink, the satellite broadband venture of SpaceX, is moving closer to receiving its long-awaited operating permit in India, but approval remains contingent on meeting strict data security norms. The government has emphasized that satellite communication players must adhere to Indian regulations on data localization, lawful interception, and cybersecurity safeguards. While Starlink promises to expand rural internet access and enhance digital inclusion, regulators are cautious about sensitive data being routed through offshore servers.

Tags

  • Telecom
  • Trending
By Anant Kumar , 28 August 2025
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E20 Petrol Rollout: Concerns Over Fuel Efficiency and Vehicle Impact

India’s transition toward ethanol-blended petrol, particularly the rollout of E20 fuel, is drawing attention for its potential environmental and economic implications. While the government envisions reduced oil imports and a cleaner energy mix, industry experts and consumers remain cautious about the fuel’s impact on vehicle efficiency and long-term maintenance costs. Automakers are preparing for the shift, but concerns linger over reduced mileage, engine wear, and the financial burden on motorists.

Tags

  • Energy
  • Economy
By Parvati Das , 28 August 2025
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Vegetable Oil Industry Seeks GST Refunds, Appeals to Finance Ministry

India’s vegetable oil sector has urged the Finance Ministry to expedite refunds under the Goods and Services Tax (GST) framework, citing significant liquidity pressures faced by refiners and traders. Industry stakeholders argue that delays in refunds are constraining working capital and hampering operations in a sector critical to both food security and trade.

Tags

  • Retail
  • GST
By Kunal Shrivastav , 28 August 2025
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Kinetic Green and IIFL Samasta Join Forces to Expand EV Financing in India

Kinetic Green, a leading manufacturer of electric vehicles, has partnered with IIFL Samasta Finance to provide tailored financing solutions for buyers across India. The collaboration is designed to accelerate the adoption of eco-friendly mobility by offering accessible loan options, particularly in semi-urban and rural markets. With India’s electric vehicle industry gaining momentum, the tie-up is expected to bridge financial gaps, strengthen consumer confidence, and support the government’s broader sustainability goals.

Tags

  • Finance
  • EV
By Agamveer Singh , 28 August 2025
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Mayoori Kango Takes Helm as CEO of Publicis Groupe India

Publicis Groupe, one of the world’s largest advertising and communications networks, has appointed Mayoori Kango as its Chief Executive Officer for India. The move underscores the company’s ambition to accelerate its growth in one of the fastest-evolving markets for digital transformation, marketing, and media solutions. Kango, who has an extensive background in both creative strategy and corporate leadership, is expected to steer the organization toward deeper integration of data-driven marketing, technological innovation, and client-focused execution.

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  • Company News
  • Media Sector

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