India's eight core industries recorded a 3.1% growth in October 2024, up from 2% in September, according to government data. Coal production increased by 7.8%, while crude oil and natural gas output declined by 4.8% and 1.2%, respectively. Petroleum refinery production, which constitutes 28.

The first round of the India-Japan Dialogue on Economic Security, including Strategic Trade and Technology, took place in Tokyo, co-chaired by Foreign Secretary Vikram Misri and Japan’s Vice Minister of Foreign Affairs Masataka Okano. Discussions centred on building resilient supply chains, safeguarding economic interests, and advancing partnerships in critical

Minister of Commerce and Industry Piyush Goyal highlighted India's manufacturing and export-led growth, attributing the nation's progress to a quality-conscious approach and an interconnected ecosystem. On the laptop import policy, Goyal said new guidelines are under deliberation, amid earlier reports suggesting plans to limit imports of

Shashikant Ruia, co-founder of the Essar Group, passed away in Mumbai on Monday after a prolonged illness. Ruia began his career in 1965 under the guidance of his father, Nand Kishore Ruia. Alongside his brother Ravi, he founded Essar in 1969, expanding the conglomerate across sectors including steel, oil refining,

India has signed the Final Act of the Riyadh Design Law Treaty, marking a milestone in global intellectual property (IP) protection under the World Intellectual Property Organization (WIPO). The treaty standardises procedural frameworks for industrial design protection, simplifying registration processes and reducing administrative burdens. Provisions include relaxed time limits, reinstatement

India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,

The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with

JSW Defence Pvt. Ltd. and US-based Shield AI Inc have announced a partnership to manufacture the V-BAT, a Group 3 Unmanned Aerial System (UAS), locally in India. With a commitment of $90 million over two years, JSW Group will establish a manufacturing facility and compliance program, investing $65 million in