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Adani Defence & Aerospace partners with Sparton (Image credit: Adani Defence X handle) NEW DELHI: Adani Defence & Aerospace has entered into a binding collaboration agreement with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems specialising in advanced Anti-submarine warfare systems.The Adani Group company on Sunday announced that this alliance represents a crucial move…

NEW DELHI: India’s trade in apparel and home textiles with the United Kingdom is set for significant growth, with volumes expected to double over the next five to six years, according to a report by credit rating agency ICRA.The projected surge is attributed to the recently concluded Free Trade Agreement (FTA) between the two countries,…

India’s coal imports in FY25, saw a modest decline of 1.7%, with total shipments falling to 263.56 million tonnes (MT) from 268.24 MT the previous year, according to data compiled by mjunction services ltd.Non-coking coal imports over the period stood at 167.10 MT in FY25 against the 175.96 MT in 2023-24. Coking coal imports also…

The securities and exchange board of India (Sebi) has tightened rules around private debt placements by making the electronic book platform compulsory for all issues of Rs 20 crore or more. The move is aimed at improving transparency and streamlining the fundraising process.Previously, the electronic book mechanism was only mandatory for issues of Rs 50…

India imposed sweeping restrictions on imports from Bangladesh via land ports, a move that could disrupt goods worth $770 million, nearly 42 per cent of total bilateral imports, a report by the Global Trade Research Initiative (GTRI), a trade-focused think tank said.The Union ministry of commerce and industry announced the restrictions on Saturday, after a…

Gold price outlook: Axis Securities has observed that gold prices are exhibiting pressure amid significant macro changes. (AI image) Gold price outlook: Gold prices have experienced substantial decline, dropping approximately 7% from their highest point of Rs 99,358/10 grams recorded on April 22 on the MCX. The precious metal is currently at risk of ending…

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with the Global Energy Alliance for People and Planet (GEAPP) to support early-stage climate-tech startups in India.The partnership aims to provide these startups with access to funding, mentorship, and growth opportunities.Under the agreement, GEAPP will launch the Energy…

Days after the resignation of Gensol Engineering‘s promoters, Chief Financial Officer (CFO) Jabirmahendi Mohammedraza Aga has stepped down from his position with immediate effect, adding to the turmoil at the crisis-hit company.In his resignation letter, disclosed through stock exchange filings, Aga pointed to the severe challenges currently facing the company. He noted that multiple regulatory…

Jyotiraditya Scindia (Photo- ANI) Union Minister of Communications Jyotiraditya Scindia on Saturday said that India is poised to play a leading role in formulating global regulations for 6G technology, as the country continues to accelerate its presence in the global telecommunications landscape under the leadership of Prime Minister Narendra Modi.“A telecommunication revolution is rapidly unfolding…

The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to enhance bilateral trade, with projected annual growth of around 15 per cent until calendar year 2030, according to a report by credit rating and research agency CareEdge.India and the UK signed the FTA on May 6, 2025, concluding nearly…