Economy News ( English version)

The state-run aircraft maintenance firm plans ₹200–300 crore investment in new facilities, weighing calibrated expansion amid rising captive MRO push by airlines

Though geopolitical tensions are delaying IPO timelines, India’s tech startups are pressing ahead with plans to relocate their headquarters back home. Richer valuations, deep domestic liquidity, regulatory tailwinds and waning US listing appeal are driving the shift back home.

Plastic price spikes are being worsened by stockpiling and disrupted procurement cycles, tightening supply of packaging material. Food and beverage makers are already exposed with expected near-term margin hits.

Kingfisher producer United Breweries warns of a 5-6% increase in cost of sales due to rising freight and bottle prices. State-set beer prices mean the company must absorb war-driven cost hikes, impacting margins.

Your Ozempic is set to get cheaper. But with over 50 brands of the same molecule hitting the market this year, which one will be a crowd favourite? Mint decodes.

India is in talks to boost fertilizer imports from Russia, Belarus, and Morocco due to Middle East tensions and China's export curbs. With the summer planting season approaching, the nation is seeking to secure supplies of urea and DAP, its most crucial fertilizers, to avert potential shortfalls.

India's oilmeal exports to China saw a massive jump this fiscal year. Competitive prices and trade policies favored Indian products. However, this advantage is now challenged. Meanwhile, overall oilmeal exports have declined. Geopolitical conflicts are disrupting shipments to the Middle East and Europe, increasing transit times and costs. This situation […]

The Reserve Bank of India is creating new ways for Russian businesses to use their accumulated Indian rupees. These rupees can now be used to pay for imports into India or for making investments. This move aims to boost trade in local currencies between India and Russia. Increased transactions will help the market for INR-Rouble trade to grow.

Iran War: India faces a potential "triple threat" from a West Asian crisis, with rising energy costs, declining remittances, and reverse labour migration posing risks to the domestic economy. A report highlights the country's deep structural linkages to the Gulf, impacting over eight million Indian workers and significant financial flows.