05 Oct 2025

The IMF highlighted a mixed global inflation outlook, noting that while U.S. companies and others in tariff-imposing nations have absorbed much of the cost, inflation pressures vary widely across regions. Spokesperson Julie Kozack said core inflation in the U.S. is edging up due to partial tariff pass-through, while headline inflation is rising faster in Britain, Australia, and India. In contrast, China and other Asian exporters face muted inflation amid weaker demand for their goods. Kozack added that the U.S. Fed's recent rate cut was appropriate given a softer labor market, but risks remain. She also cautioned that the impact of the ongoing U.S. government shutdown depends on its duration and scope.Read more

05 Oct 2025

Tata Motors has invested an additional INR 120 crore in Freight Commerce Solutions, bringing its total investment to INR 270 crore. The investment includes INR 120 crore through Series C Compulsorily Convertible Preference Shares and INR 14 crore for acquiring equity shares. Tata Motors is expected to hold a 42% to 46% stake in Freight Tiger. The company aims to transform logistics through artificial intelligence, enhancing India's logistics infrastructure. Additionally, Tata Motors has incorporated a wholly-owned subsidiary in the Netherlands to manage global business interests.Read more

04 Oct 2025

Six Indian companies have approached SEBI with IPO filings, including Sterlite Electric, Rays Power Infra, Augmont Enterprises, Rotomag Enertec, Oswal Cables, and Pride Hotels. Each IPO involves a mix of fresh equity shares and an offer for sale, with funds earmarked for debt repayment, capital expenditure, working capital, and general corporate purposes. Key projects include Rays Power Infra's solar cell plant, Sterlite Electric's expansion plans, and Augmont Enterprises' inventory management. These filings indicate a strong IPO pipeline, complementing the 77 main-board IPOs launched so far this year.Read more

02 Oct 2025

A steel arch collapsed at the Ennore Thermal Power Plant construction site in Tamil Nadu, killing nine migrant workers from Assam and injuring several others. The injured were rushed to Stanley Government Hospital, with some in critical condition. Authorities have launched a thorough investigation to determine the cause of the accident. Prime Minister Shri Narendra Modi and Tamil Nadu Chief Minister M. K. Stalin announced ex gratia payments for the victims' families. Assam Chief Minister Himanta Biswa Sarma is coordinating the return of the deceased workers' mortal remains.Read more

02 Oct 2025

Nippon Steel has acquired a 30% stake in the Kami iron ore project in Newfoundland and Labrador, Canada, through its subsidiary NS Canadian Resources. The investment, valued at CAD 150 million, was made alongside Australia's Champion Iron and Japan's Sojitz. An initial CAD 42 million (USD 30.2 million) has already been paid, with the remaining CAD 108 million to be released once a feasibility decision is finalized. The new venture, called Kami Iron Mine Partnership, will oversee feasibility work on developing the high-grade iron ore project, which is designed to support direct reduced iron production for low-carbon steelmaking.Read more

01 Oct 2025

The government is examining whether e-commerce platforms are properly reflecting the revised GST rates in their pricing of everyday items. Consumer complaints have highlighted that many products have not seen price reductions consistent with the new tax slabs. Some platforms have been informally cautioned by officials, while explanations citing technical issues have also been received. The GST system now has two slabs, 5 per cent and 18 per cent, replacing four earlier rates. Authorities have directed GST field officers to provide monthly brand-wise reports on the prices of 54 commonly used items, including FMCG goods and household essentials.Read more

30 Sep 2025

UST has made a strategic investment in Kaynes Semicon, aiming to jointly develop a state-of-the-art Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. This collaboration supports India's "Make in India" initiative and seeks to enhance the country's semiconductor manufacturing capabilities. The project, valued at approximately INR 3,330 crore, combines UST's global reach and digital engineering expertise with Kaynes' local manufacturing strengths, positioning India as a competitive player in the global semiconductor market.Read more

27 Sep 2025

India's online home services market is projected to grow at a CAGR of 18-22%, potentially reaching INR 85-88 billion by FY30, driven by urban demand for convenience, reliability, and speed. While the overall home services market was valued at INR 5,100-5,210 billion in FY25, online penetration remains low at less than 1% of net transactions. The rise of instant home services, influenced by quick commerce trends, is reshaping consumer expectations, particularly in India's eight largest cities, which account for 85-90% of current online demand.Read more

23 Sep 2025

Global nuclear energy reached a record output of 2,677 terawatt-hours in 2024, largely driven by expansion in China. A new report highlights that maintaining this level will be difficult due to underinvestment, ageing plants, and construction setbacks. Renewables are advancing faster, with investment 21 times higher than nuclear last year and new capacity additions more than 100 times greater. Falling battery costs add further pressure. Most new nuclear construction since 2020 has been led by Chinese and Russian state firms, while Western small modular reactor projects remain stalled. Without major improvements, nuclear's share of electricity, about 9% in 2024, is expected to decline.Read more

22 Sep 2025

The U.S. government's decision to impose a USD 100,000 fee on new H-1B visa applications is set to change the way Indian IT firms operate. With India making up the majority of H-1B approvals last year, the rule could limit cross-border staff movement, delay contracts, and increase project costs. While existing visa holders and renewals are not affected, the sudden announcement created confusion and forced many employees to alter travel plans. Industry experts expect more offshore work delivery, selective visa sponsorships, and a faster expansion of global capability centres in India and nearby regions.Read more