Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, has stated that Artificial Intelligence (AI) will play a central role in shaping what he describes as India’s Fifth Industrial Revolution. Emphasising inclusive growth and societal impact, the minister highlighted AI’s potential to enhance efficiency, improve decision-making, and transform…
Civil Aviation Minister K. Rammohan Naidu has announced that the Government of India aims to develop 50 new airports over the next five years, a move expected to significantly enhance regional connectivity and stimulate broader economic activity. According to reports, the expansion forms part of a larger strategy…
Japan-based Kubota Corporation is set to strengthen its footprint in India, identifying the country as a central driver of its global growth ambitions through 2030, according to a report by The Economic Times. The agricultural and industrial equipment manufacturer plans to deepen its manufacturing presence and integrate India…
The Reserve Bank of India (RBI) has issued draft guidelines aimed at modernising the Lead Bank Scheme (LBS), a framework designed to coordinate banking operations and development initiatives at the district level. Originally introduced in 1969, the scheme was created to improve credit access for priority sectors and…
Moody’s has projected India’s real GDP growth at 6.4% for the financial year ending March 2027 (FY27), positioning the country as the fastest-growing economy within the G20 grouping. The estimate forms part of the agency’s latest assessment of India’s banking sector and overall operating environment. While the forecast…
structural heart device company. The proposed transaction signals Alkem’s strategic push into the global minimally invasive cardiac implant market. Transaction Details Under the proposed agreement, Alkem MedTech plans to acquire up to a 55% stake in Occlutech for €99.4 million (approximately ₹1,074 crore). Occlutech specialises in minimally invasive…
The Reserve Bank of India (RBI) has granted approval for the reappointment of Sanjay Agarwal as Managing Director and Chief Executive Officer of AU Small Finance Bank for a third consecutive term. The renewed mandate comes at a crucial juncture as the lender prepares for its next phase…
Kwality Wall’s India Ltd is set to make its stock market debut on Monday, February 16, marking the formal separation of the ice cream business from Hindustan Unilever Limited (HUL). The listing follows the completion of the demerger process, enabling the business to operate as an independently traded…
Battery innovation startup e-TRNL Energy has secured ₹27.4 crore (approximately $3 million) in a seed funding round to accelerate the development of advanced energy storage solutions and strengthen its domestic manufacturing capabilities. The fresh capital will support the company’s efforts to refine its proprietary battery cell architecture, complete…
India’s mutual fund industry has witnessed transformational growth over the past decade, with total Assets Under Management (AUM) rising to ₹80.23 lakh crore as of December 2025. Ten years ago, the industry managed approximately ₹12 lakh crore — underscoring a more than six-fold expansion and a clear shift…