Economy News ( English version)

The acquisition is part of Innomotics' long-term plan to bring its core business lines into the fold, since its split from Siemens in 2023.

Shares of the company have jumped 25% in the last month despite posting losses in the last two quarters but its CEO Tarun Arora is nonchalant about it — instead is focused on staying ahead of consumer expectations. In this interview, Arora talks of his outlook for the company and new businesses.

Texas Attorney General Ken Paxton has launched a formal investigation into Lululemon over potential PFAS contamination in its activewear, even as the company says it stopped using the forever chemicals in early 2024.

Campus hiring in India is showing early strain as AI boosts productivity and the West Asia conflict dampens demand. Firms like BrowserStack have rescinded some offers, while IIT and IIMs stipend or delay onboarding. While placements are on track, hiring is slowing.

At 19 he built BharatPe from a college dorm. Now Shashvat Nakrani is stepping away from daily operations, and hinting at something new. Here is what we know.

The ministry of road transport and highways, Tuesday, notified the National Highways Fee Rules for fee collection from overloaded vehicles on National Highways beyond the permissible Gross Vehicle Weight (GVW), the move aimed at promoting compliance with prescribed load limits and enhancing road safety while protecting highway infrastructure.

High testing and certification costs for Quality Control Orders (QCOs) are pushing many MSME importers out of business, according to GTRI. The think tank urged the government to cap testing charges and recognize foreign lab reports to support the 'Make in India' initiative and prevent market domination by large importers.

India's strong economic and financial foundations are expected to absorb a sustained oil price shock, though growth could dip by 80 basis points if crude hits $130/barrel in 2026. Corporate earnings and bank asset quality might weaken, but robust balance sheets and well-capitalized banks offer significant buffers against prolonged disruptions.

India's retail inflation has shown limited impact from the West Asia conflict's energy price surge, with government measures cushioning consumers. Despite rising global crude and gas prices, domestic inflation remained subdued in March, though future risks from prolonged conflict and weather conditions are noted.

India's retail inflation climbed to 3.4 percent in March. Higher food and fuel costs are driving this increase. Experts predict inflation could reach 4 percent in April. This is due to ongoing global conflicts impacting energy prices. The Reserve Bank of India is closely watching these trends. Policymakers anticipate a pause in interest rate cuts.