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Russia and India prepare nuclear energy cooperation agreements

Russia and India have completed preparations for a package of documents aimed at expanding bilateral cooperation in nuclear energy, according to Alexey Likhachev, head of Russia’s state nuclear corporation Rosatom. Speaking to the Russian newspaper Izvestia, Likhachev said several agreements with......

Russia and India discuss deals for more than 80 regional aircraft

Russian and Indian companies have signed a series of agreements covering the potential purchase of more than 80 Russian-made regional aircraft, highlighting growing cooperation between the two countries in the civil aviation sector. The agreements were announced during the first edition of INNOPROM......

India ends dollar-raising drive early as foreign inflows ease balance of payments concerns

India’s central bank has brought an early end to a major foreign currency fundraising programme after stronger-than-expected inflows improved the country’s external position, while analysts warned that extending the initiative could have created new policy challenges. The Reserve Bank of......

India launches tax amnesty for small taxpayers with undisclosed foreign assets

India has opened a one-time tax amnesty aimed at smaller taxpayers who have failed to report certain foreign income or assets, giving eligible individuals until the end of 2026 to regularize their tax affairs under simplified terms. The initiative, announced by the government on Sunday, is designed......

India becomes first official partner of Russian Energy Week 2026

India is set to become the first official partner in the history of Russian Energy Week, highlighting the growing strategic relationship between Moscow and New Delhi in the energy sector. The Indian Oil Industry Federation, representing India’s Ministry of Petroleum and Natural Gas, will host......

India reports 18% decline in retail derivatives losses after trading curbs

Retail investors in India suffered significantly lower losses in the equity derivatives market during the financial year ended March 2026, as tighter regulatory measures appear to have reduced participation in highly speculative trading. Government data presented to Parliament on Tuesday showed that......

India's fuel retailers reaffirm E20 petrol quality after nationwide testing

India's three largest state-owned fuel retailers have defended the quality of E20 petrol, stating that extensive nationwide testing found no evidence of contamination concerns raised in recent public discussions. In a joint statement released on Friday, the companies said the fuel continues to comply......

State Bank of India exceeds profit forecasts as strong lending boosts earnings

State Bank of India (SBI) reported stronger-than-expected quarterly earnings, driven by sustained loan growth that reinforced investor confidence and lifted the bank's shares in early trading. The results underline the resilience of India's banking sector as credit demand continues to support......

India poised to surpass state asset sale target despite fiscal pressures

India is on course to exceed its fiscal-year target for raising funds through the sale of government stakes in state-owned companies and other asset monetisation initiatives, providing a timely boost to public finances as higher energy-related costs put pressure on the national budget. Government officials......

Trent reports 22% profit growth as Westside and Zudio fuel expansion across India

Indian fashion retailer Trent delivered strong first-quarter earnings, reporting a 22% increase in net profit as the continued expansion of its Westside and Zudio store networks drove sales growth beyond the country's largest metropolitan markets. The Tata Group company said profit for the quarter......

Eicher Motors surpasses profit forecasts as Royal Enfield drives strong domestic growth

Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......

India's Indian Oil explores gas carrier ownership to support higher U.S. LPG imports

India's largest oil refiner, Indian Oil Corporation (IOC), is exploring the acquisition of stakes in very large gas carriers (VLGCs) as part of a strategy to strengthen its logistics capabilities and prepare for increased imports of liquefied petroleum gas (LPG) from the United States. According......

Indian corporate earnings rebound, but oil prices and monsoon risks challenge market outlook

India's corporate earnings are showing renewed momentum after several quarters of uneven performance, offering investors fresh signs that the country's economic expansion remains resilient. However, analysts caution that external pressures, including elevated crude oil prices and below-normal......

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