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Ministry of Defence Proposes Major Reset in Procurement Strategy India’s Ministry of Defence (MoD) has proposed a significant overhaul of its defence procurement framework, shifting its focus from simply manufacturing equipment domestically to ensuring full Indian ownership of critical defence technologies. Under the draft Defence Acquisition Procedure (DAP) 2026, the government aims to prioritise indigenous…
CM M.K. Stalin Inaugurates Ranipet Facility; First Made-in-India Range Rover Evoque Rolls Out Tata Motors and Jaguar Land Rover (JLR) have inaugurated a ₹9,000 crore greenfield manufacturing facility in Ranipet, Tamil Nadu, marking a major expansion of premium vehicle production in India. The plant was formally inaugurated by Tamil Nadu Chief Minister M.K. Stalin, who…
Discussions around a potential US–India trade deal have returned to the spotlight after former US President Donald Trump revealed details of a conversation with Indian Prime Minister Narendra Modi, touching upon trade, tariffs, and energy cooperation. While no official agreement has yet been announced, the remarks have sparked widespread debate across financial markets, commodities, and…
Crude Oil Prices Crash: Brent Slips Below $66, MCX Crude Falls Over 5% Amid Global Demand Fears Crude Oil Prices Today: Brent and MCX Under Heavy Selling Pressure Crude oil prices witnessed a sharp sell-off in today’s trading session, with both global and domestic benchmarks falling over 5%, reflecting growing concerns around global demand, macro…
Indian Markets Slide After Budget 2026: What Went Wrong? Budget 2026 has sparked a sharp sell-off in Indian equity markets, with investors reacting negatively to a steep hike in Securities Transaction Tax (STT) on Futures and Options (F&O) trading. While the government reiterated its intent to curb speculative activity, the immediate market response has been…
India and the European Union are entering a decisive phase in their economic relationship, with Free Trade Agreement (FTA) negotiations and deepening technology cooperation moving in parallel. Together, these developments point to a structural shift—one that goes far beyond tariffs and trade volumes. At stake is long-term access to the European Union’s nearly $20 trillion…
Market Snapshot RBI Ombudsman complaints rose sharply in FY25, underscoring growing stress points in India’s fast-digitising banking ecosystem. According to the RBI Annual Report on the Integrated Ombudsman Scheme (2024–25), the central bank received 13,34,244 customer grievances, a 13.55% jump compared with 11.75 lakh complaints in the previous financial year. The data highlights a clear…
ndia’s export ecosystem is poised for further acceleration in 2026, demonstrating remarkable resilience against persistent global trade headwinds, tariff pressures, and shifting supply-chain dynamics. While external conditions remain uneven, a combination of record export performance, diversified trade relationships, and structural reforms is underpinning optimism among policymakers and industry stakeholders. Record Exports and Sustained Momentum According…