Economy News ( English version)

Swiggy said it aims to more than triple its consolidated gross order value to around ₹2.5 trillion by FY31, implying a compound annual growth rate of over 30%

Omnivore will deploy most of its remaining Fund III capital into deep science and agrifood consumer brands as it prepares for Fund IV and bets on physical AI, robotics and high-protein food trends.

OpenAI has requested a federal judge to dismiss Apple's lawsuit claiming trade secret theft, arguing the allegations are baseless and misrepresent employee actions. 

While Kalyan Jewellers continues to focus on wedding and aspirational pieces, Candere is being built around lightweight, gifting and everyday collections, and its newly launched Akshaya Thanga Maaligai (ATM) brand is aimed exclusively at customers seeking traditional regional designs.

KKR has acquired Medicover India's 24-hospital network, betting on the country's fast-growing healthcare sector. The deal underscores rising private equity interest in hospitals as consolidation accelerates and larger chains expand into tier-II and tier-III cities.

The Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax certainty for businesses operating in India. It simplifies tax frameworks for offshore investment funds and fund managers. The bill also extends tax exemptions for electronics manufacturing and diamond trade.

Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occurs as core inflation remains low, contrary to earlier expectations. The central bank maintained its current rates and lowered inflation forecasts for this fiscal year. Overnight indexed swap rates also signal fewer rate hikes over the next twelve months. […]

India has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the battle. The bigger challenge now is helping Indian businesses turn preferential market access into exports, investments, manufacturing growth and global competitiveness.

Foreign Secretary Vikram Misri met Sri Lankan leaders to review bilateral cooperation and projects. Agreements were finalized on social security and Indian Rupee-denominated credit lines for infrastructure. Discussions advanced updating the Free Trade Agreement and energy project implementation. Progress was noted on housing and disaster warning systems for […]

India is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This measure offers a 15-year income tax holiday for eligible firms. It aims to boost trading activity within India's Special Notified Zones. The government's move is expected to enhance India's diamond industry c […]