Piyush Goyal says China-origin FDI is not banned and approvals will be sped up, as India considers a calibrated relaxation of Press Note 3 norms while advancing a broad FTA agenda

Union Commerce and Industry Minister Piyush Goyal was in a conversation with A K Bhattacharya on Day 1 of Business Standard’s two-day annual event, Manthan 2026 | Photo: Kamlesh Pednekar

Union Commerce and Industry Minister Piyush Goyal was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026 | Photo: Kamlesh Pednekar

Business Standard

Have ₹15 trillion of monetisable highways ready, says minister

Union Minister for Road Transport and Highways Nitin Gadkari during a fireside chat with Nivedita Mookerji at the Business Standard Manthan summit on Tuesday | Photo: Kamlesh Pednekar

Our budget is ₹3.2 trillion, and I already have an asset base of highways worth ₹12-15 trillion ready to be monetised, says minister

At the IPA summit, pharma leaders said India's 2047 ambitions depend on embedding AI, strengthening trust and accelerating innovation, as speed and quality become the sector's defining advantages

pharmachart

Trai has recommended FY27 spectrum auctions with lower reserve prices, a 35% spectrum cap, incentives for coverage deployment and retrieval of airwaves from firms under insolvency

The regulator has fixed 5 days for service providers to respond to interconnection seekers with a draft interconnect pact

Trai

India readies first compliance carbon market, with 490 units notified; steel and fertiliser yet to get targets as CBAM pressure mounts

carbon emissions, pollution

Home-grown FMCG brands now command 79% of APAC market value, signalling a structural shift toward purpose-led, globally competitive local players

FMCG

Employees across sectors are expected to get a salary hike of 9.1 per cent on average in 2026, slightly higher than the increment of 8.9 per cent received last year, a survey said on Tuesday.
The projected 9.1 per cent salary increase reflects a slight uptick from the actual 8.9 per cent hike recorded in 2025, which signals sustained salary movement, said global professional services firm AON, citing its 'Annual Salary Increase and Turnover Survey 2025-26 India'.
The latest survey, the 32nd edition, is based on an analysis of data from more than 1,400 organisations across 45 industries in the country.
The projected salary hikes will vary depending on industries, it said.
The workforce in the real estate and infrastructure sectors is expected to get the maximum pay hike of 10.2 per cent on average, followed by those working in non-banking financial companies (NBFCs) at 10.1 per cent, it said.
Employees in the automotive and vehicle manufacturing sectors are expected to get a hike o

salary, salary hike

Employees across sectors are expected to get a salary hike of 9.1 per cent on average in 2026, slightly higher than the increment of 8.9 per cent received last year, a survey said on Tuesday.

Press Trust of India

Tarun Mehta, CEO of Ather Energy, said that India has no competition in the mid-tier EV two-wheeler segment and PLI schemes can help the industry expand its global footprint

Tarun Mehta

At February 10 meeting, BEE proposed separate yearly CAFE-3 emission targets

One target or five: Siam opposes Bureau of Energy Efficiency's CAFE 3 reset

CAFE 3

India ranks 47th in global ePV adoption in 2025 with just 4% penetration, far from its 2030 target, as infrastructure and policy gaps slow EV momentum

electric vehicle, ev industry

Valeo will invest ₹2,150 crore in India as part of its Elevate 2028 strategy, expanding EV and ADAS manufacturing, localisation, and engineering capacity to triple domestic sales

Christophe Périllat, CEO, Valeo said under Valeo's "Elevate 2028" strategy, India stands as key pillar of the firm's global growth and innovation road map

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

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

Credit card spending eased to Rs 2 trillion in January after festive highs, though outstanding cards rose to 116.65 million as issuers recalibrated amid tighter norms and shifting customer profiles

Credit Card

Fortnightly issuance hits ₹1.34 trn; outstanding at record ₹6.62 trn

Banks ramp up certificate of deposit issuances to bridge the credit–deposit gap as funding costs stay high despite RBI liquidity support.

IDFC First Bank refunds Rs 583 crore to Haryana government after detecting a Rs 590-crore fraud, engages KPMG for a forensic audit and works with authorities on recovery

IDFC FIRST Bank

Earlier on Monday, Sebi chairman Pandey said the stock market regulator has received a representation from the industry on the issue

Sanjay Malhotra, Governor, Reserve Bank of India (RBI)

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