Trump's pledge to apply 100% levy on firms making off-patent medications by 2028 (rising to 200% a year later) unless they move production to US faces formidable commercial and political obstacles

pharma, generic drugs, generic medicine, medicine

Bloomberg

The plans come as demand is surging in the world's third-largest domestic aviation market, trailing only the US and China

Delhi Airport, GMR Airports

The ₹62,500 crore scheme replaces the mobile PLI and seeks to boost exports and localisation, while offering separate incentives to support Indian brands

Smartphone

Business Standard

India Inc's sales surged over 22% in the June quarter, but salary growth stayed below 9%, raising concerns about muted wages amid AI adoption and cost pressures

Q1 earnings preview: Combined net profit of Nifty50 firms may decline 2.5%

Rising round-the-clock renewable power and a larger merchant market could give India's electricity futures market the volumes it needs to deepen and mature

power, electricity

Of the 75,155 cases filed before GSTAT, 5,819 have been registered and 83 disposed of, while the tribunal had earlier expected filings of up to 250,000

Gavel, law

With the economics of affordable rental housing remaining challenging due to razor-thin margins, development incentives are critical to attracting private capital at scale

Housing

Automaker evaluates global portfolio as EV penetration is projected to reach 17-18 per cent by 2030

Piyush Arora MD & CEO, Škoda Auto Volkswagen India

The Indian Auto LPG Coalition (IAC) on Friday urged the government to include Auto LPG-powered commercial vehicles in a proposed five-year extension of the age limit for certain vehicles operating under the national permit system.
The Ministry of Road Transport and Highways (MoRTH) has proposed extending the prescribed vehicle age limit by five years for battery-operated, hydrogen fuel-based and natural gas-driven commercial vehicles covered by the national permit regime.
Welcoming the proposal, the IAC said Auto LPG vehicles that meet prescribed safety, fitness and emission standards should also qualify for the extension, arguing that cleaner-mobility policy should remain technology-neutral.
"The proposed five-year extension for EVs, hydrogen and natural gas vehicles is a welcome step, but cleaner mobility policy cannot be technology-selective. Auto LPG must also be included. It is a proven, readily available and cost-effective transport fuel that can reduce vehicular emissions ...

Taxies outside New Delhi Railway Station as most of the Commercial Vehicles were off the roads due to transport strike, in New Delhi. Photo-Dalip Kumar

Indian Auto LPG Coalition urged the govt to include Auto LPG-powered commercial vehicles in a proposed 5 year extension of the age limit for certain vehicles operating under the national permit system

Press Trust of India

Production and dealer stocking rise ahead of festivals, but high base and inventory risks loom over H2 growth

Tata Motors Passenger Vehicles

Third price increase this year comes amid rising input costs and sustained inflationary pressure

MSMEs

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

Public sector lender Indian Bank expects its gold loan book to cross Rs 1.5 lakh crore in the current financial year, supported by robust demand for the product.
"Gold loan is safe lending for banks...it is not a consumption loan, but mostly it is income-generating and also helps small businesses to grow. Last year, we saw very significant growth of 30 per cent in the segment due to a jump in gold prices. It will be slower this year as there is a 30 per cent decline in gold prices," Indian Bank MD and CEO Binod Kumar told PTI in an interaction.
This growth would come from tonnage, he said, adding that the gold loan segment is likely to grow about 20 per cent.
Currently, the gold loan portfolio is around Rs 1.25 lakh crore, and the book should exceed Rs 1.5 lakh crore during this financial year at the anticipated growth rate, he said.
Kumar further said that RAM (Retail, Agriculture, and MSME) constitutes 65 per cent of the overall loan book while the remaining 35 per cent is from .

indian bank , logo

Currently, the gold loan portfolio is around ₹1.25 trillion, and the book should exceed ₹1.5 trillion during this financial year at the anticipated growth rate, he said

Banks have already mobilised $52.3 billion under RBI's concessional swap window, helping deposit growth and LDRs, but analysts expect NIM dilution of 3-15 basis points

FCNR(B), Banks, Deposits in banks

Credit growth is shifting from traditional strongholds such as Tamil Nadu and Maharashtra towards Uttar Pradesh, Bihar and Madhya Pradesh, but penetration still trails developed markets

Chart

A long-delayed sale of a majority stake in IDBI Bank, held by the federal government and ‌state insurer Life Insurance Corp of India, is in its final stages

IDBI, IDBI Bank

Reuters

Industry News: Find the top news on industry, banking & financial sector, manufacturing industries news, industry trends, corporate news and many more on Business Standard.

Buzzing :

Industry

Auto

SME

Banking