India’s automobile sector wrapped up 2025 with solid momentum, as leading vehicle manufacturers reported healthy year-on-year sales growth in December. Sustained consumer demand, improving rural sentiment, and continued government investment in infrastructure supported the industry’s strong performance through the final quarter of the year. Major players including Maruti…
India’s Goods and Services Tax (GST) collections recorded a notable improvement in December, underlining stronger compliance levels and sustained economic recovery. The gross GST revenue for the month stood at ₹1.74 lakh crore (approximately US$ 20.9 billion), marking a year-on-year increase of 6.1 percent—the highest growth rate observed…
India’s economy continues to demonstrate solid growth momentum, driven by strong domestic consumption, controlled inflation levels, and disciplined macroeconomic policymaking, according to the Reserve Bank of India’s latest Financial Stability Report. The central bank highlighted that the overall financial ecosystem remains resilient, supported by healthy institutional balance sheets,…
India’s exports of goods and services are projected to maintain a strong upward trajectory, with total exports expected to reach between ₹76.02 lakh crore and ₹76.93 lakh crore (US$ 840–850 billion) in FY26. This momentum is forecast to accelerate further, taking exports to nearly ₹86.98 lakh crore (around…
Sapphire Foods / Devyani International: Sapphire Foods to merge with Devyani International effective April 1. Sapphire shareholders will receive 177 Devyani shares for every 100 Sapphire shares held, as per the approved swap ratio. The merger values Sapphire at par with Devyani. Additionally, Sapphire Foods Mauritius has approved…