India’s dependence on LPG imports and slow expansion of piped gas networks highlight policy gaps, affordability challenges, and consumer behaviour issues hindering a transition to cleaner cooking fuel

Senior executive steps down following transfer by parent bank, exits board as whole-time director, company says in regulatory filing

Crisil sees strong infrastructure investment growth through FY28 backed by policy support and balance sheets, though risks persist across renewables, roads and real estate

Finance Department raises concern over 85,000 pending audit reports and objections, highlighting systemic lapses in accountability and fiscal management

French spirits major Pernod Ricard on Tuesday said that no decision has been made on the listing of its Indian subsidiary, although it continues to explore options to create shareholder value. The company, which owns popular brands such as Absolute, Chivas Regal, and Glenlivet, said, “At this stage, no decision has been made regarding any particular action or involving any of these options.” However, it also said it regularly “assesses and evaluates” its strategic opportunities and is continuously exploring options to create value for its shareholders, including optimising its capital structure. Its local subsidiary, Pernod Ricard India (PRI), is the leading Indian alchoBev player with a revenue of Rs 27,446 crore for FY2024-25. It has grown at a high single-digit CAGR of 8 per cent over the last five years. PRI has recently divested its Imperial Blue business to home-grown Tilaknagar Industries. Now, PRI’s Segram profile consists of the brands Royal Stag, Blenders Pride, 100 Piper

Life insurance stocks decline after DFS suggests banks avoid exclusive tie-ups, raising concerns over bancassurance models and potential impact on costs and margins

Crude import bill declines despite higher prices as supply disruptions from West Asia reduce volumes, while petroleum exports and net oil imports also fall

Draft retains minimum distance criteria between mills at 25 km, mandates khandsari units to pay Centre-fixed Fair and Remunerative Price to cane growers

India boosts battlefield mobility as Ministry of Defence signs ₹975 crore deal for indigenous mine-clearing systems for T-72 Ajeya and T-90 Bhishma tanks

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Brookfield-backed Evren raises $600 million for hybrid renewable project integrating solar, wind and storage to supply 300 MW power to NTPC under PPA

India’s pharma and healthcare firms may post steady Q4 revenue growth, but weak US generics and rising costs are likely to keep margins under pressure

India’s abundant coal reserves and rising energy demand make coal gasification a key strategy to reduce import dependence, boost industrial fuel supply, and strengthen long-term energy security

Experts warn wider wording in new income-tax law could expand tax scope to indirect benefits, urging CBDT to clarify and prevent disputes for exporters

Adani Group supports lenders in Jaypee insolvency case, opposing Vedanta’s revised bid filed after deadline, citing concerns over fairness and process integrity

India retains fourth position globally in startup funding, as deal volumes fall sharply and investors shift to fewer, high-conviction bets amid signs of ecosystem maturity

Chennai added as a key market as Ekart deploys electric fleet for IKEA deliveries, signalling rising demand for sustainable and tech-enabled logistics solutions in India

Industry sees strongest growth since FY23 as new business premium crosses Rs 4 trillion, driven by GST cut, product launches and recovery after regulatory changes

Jacks’ arrival comes at an important stage of the tournament, with the Mumbai Indians trying to climb the points table after recovering from early setbacks

ABB India shows steady growth and strong order book across sectors, but margin pressures and elevated valuations leave little room for earnings disappointments

State borrowing exceeds calendar estimate at weekly auction, with five states raising Rs 16,900 crore and SDL yields set at 7.64 per cent

NSO data shows higher out-of-pocket costs in poorer states’ government hospitals, highlighting disparities in public healthcare despite rising insurance coverage

Ember report highlights strong renewable growth in India, with clean energy meeting demand rise and fossil fuel generation declining amid lower electricity demand

Governor Sanjay Malhotra had signaled on April 8 that the measures would not remain “forever,” signaling a temporary approach

Benchmark indices rise nearly 1 per cent, led by banking stocks and improved sentiment after RBI easing and hopes of de-escalation in the Iran-US conflict

Average monthly rentals for prime office spaces in Bengaluru and Delhi-NCR have crossed Rs 100 per sq ft mark for the first time as demand for prime workspaces exceeds supply, according to Knight Frank data. In Mumbai, the average office rentals are already above Rs 100 per sq ft. Real estate consultant Knight Frank data showed that the average rentals for office spaces rose in a range of 2-15 per cent during January-March 2026 across eight major cities of India compared to the same period last year. The maximum annual growth of 15 per cent in office rent was seen in Delhi-NCR and Kolkata. “The supply constraints across key markets have supported a sustained rental upcycle since early 2022…,” the consultant said in its latest Q1 (January-March) 2026 report on the Indian office market. The report mentioned that rental growth remained positive in Q1 2026, ranging between 2 per cent and 15 per cent YoY (year-on-year) across cities. “Notably, NCR and Bengaluru breached an average r

Partnership targets India’s growing mid-market hospitality segment, with plans to open two Spark by Hilton hotels this year across key business and leisure hubs

Authorities in Gurugram have uncovered a racket involved in the manufacturing and sale of fake Mounjaro (tirzepatide) injections – used for treating diabetes and obesity – with the arrest of two people and issued a nationwide alert to trace counterfeit batches. Following the confiscation of counterfeit injections, pharmaceutical company Eli Lilly, the manufacturer of Mounjaro, reacted to the seizure. “We have been made aware of a recent development in relation to the seizure of suspicious and counterfeit products that allegedly carry our product brand name Mounjaro (Tirzepatide)…Lilly takes patient safety extremely seriously and welcomes regulatory authority’s action against illicit medicines,” Eli Lilly and Company (India) spokesperson said. Drug Control Officer Amandeep Chauhan on Monday said investigators are probing the network behind the illegal operation and tracking all those linked to the racket. A Health Department team raided a residential society in Sector 62, Gurugram

India records strong wind capacity additions in 2025, driven by hybrid renewable auctions, as it surpasses major markets to become the second-largest globally

Bandhan Mutual Fund adds gold and silver ETF exposure to select schemes, aiming to enhance returns and reduce portfolio volatility