US Imposes 126% Preliminary Countervailing Duty on Indian Solar Imports After Subsidy Findings

The United States has imposed a preliminary countervailing duty (CVD) of 125.87% on solar cells and modules imported from India after concluding that manufacturers benefited from actionable government subsidies. The US Department of Commerce announced the decision as part of an o Read More

Government of Haryana Constitutes Committee To Review IDFC Bank Fraud – Key Details

The Governor of Haryana has constituted a ‘High-Level Committee’ regarding unauthorized transfer of funds from IDFC First Bank and AU Small Finance Bank and to review the State Bank Policy.This comes after the Mumbai-headquartered bank detected a Rs 590 crore fraud at its Chandig Read More

Microsoft CEO Satya Nadella Announces New Capabilities Across Its Sovereign Cloud

Microsoft has launched new capabilities in its across Microsoft Sovereign Cloud to enable customers to bring core productivity workloads and AI models into fully disconnected sovereign environments.Microsoft CEO Satya Nadella said, “We’re building the most comprehensive digital s Read More

India’s ‘Zero Defect, Zero Effect’ Roadmap To Achieve $2 Trillion In Exports In 7 Years

India’s roadmap to achieve 2 trillion dollars in exports over the next 6 to 7 years is anchored in zero defect, zero effect and equitable opportunity, which was recently reiterated by the Union Minister of Commerce & Industry, Piyush Goyal.The ambitious target of 2 trillion dolla Read More

Cabinet Approves ₹9,072 Cr Rail Multi-Tracking Projects in Maharashtra, MP, Bihar and Jharkhand

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved three railway projects with a total cost of about Rs 9,072 crore. These projects include Gondia – Jabalpur Doubling; Punarakh – Kiul 3rd and 4th line; and Gamharia – Chandil 3r Read More

Union Cabinet Raises Equity Limit for Powergrid to ₹7,500 Crore Per Subsidiary

The Cabinet Committee on Economic Affair (CCEA) has raised the equity limit of each subsidiary of Powergrid from Rs 5,000 crore to Rs 7,000 crore under the extant Maharatna CPSE guidelines.The Union Minister for Transport and Roadways, Nitin Gadkari, noted that this move would al Read More

Nestoria Group Launches Dholera’s First 3D Construction

In the building industry in India, Nestoria Group has initiated a massive 3D printed housing development in Dholera Smart City. The project is among the most generalised 3D construction technology implementations in the area and makes Dholera the leader in transformation of the I Read More

Tata Sons Chairman N Chandrasekaran Seeks Deferment Of Extension Talks

India’s salt-to-semiconductors conglomerate Tata Sons Chairman N Chandrasekaran has reportedly sought a deferment of discussion on his reappointment, after disagreements broke out in the board meeting of Tata Sons on Tuesday.Several board members backed Chandrasekaran, arguing th Read More

Trump’s New Tariffs Shift Focus To Balance of Payments; Economists See No Crisis

The US President Donald Trump’s promised temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to resolve a problem that many economists say does not exist: a U.S. balance of payments crisis, making them potentially vulnerable to new legal challen Read More

IDFC Share Price Surges 3% After Haryana CM Claims ₹578 Cr Received From Private Lender

The shares of IDFC First Bank rose as much as 3% to hit an intra-day high of Rs 72.27 apiece after Haryana CM Nayab Singh Saini noted that the Mumbai-headquartered lender had returned Rs 556 crore, including interest after the Rs 590 crore employee fraud came to light at its Chan Read More