India’s Reserve Bank is exploring polymer banknotes for enhanced durability. Manufacturers are invited to bid for specialized plastic substrate materials. Polymer notes offer greater resistance to moisture and dirt than paper. This move aims to reduce currency replacement and printing costs. Advanced security features will also be incorporated into the new notes.
New free trade agreements offer Indian textile exporters significant tariff advantages. The UK deal eliminates up to twelve percent tariffs, boosting competitiveness against rivals. Companies anticipate increased orders and potential export growth over the next few years. However, fragmented supply chains and higher input costs present ongoing challenges. Industry experts suggest government incentives could strengthen
Sebi is extensively deploying artificial intelligence tools for market surveillance. These advanced capabilities are generating actionable alerts for regulators. Patterns from these alerts suggest front-running is occurring within the PMS industry. The regulator is adopting a supportive approach for compliance and resolution. This initiative aims to foster greater awareness and deter negative investor perceptions.
RBI governor Sanjay Malhotra indicated no immediate policy reaction to current inflation. He described price pressures as contained, attributing them to supply-side factors. Growth remains resilient, supported by domestic demand and investment. Credit expansion is brisk, with RBI monitoring fast-growing segments closely. The central bank focuses on inflation composition, not just the headline number.
Chinese brands feel the heat as below 15,000 segment plunges 45% in a year
Reliance Industries saw a 25% profit decline, yet revenue grew significantly. Strong performances from oil-to-chemicals and Jio digital services boosted overall results. Jio’s earnings climbed, supported by subscriber growth and increased average revenue per user. Retail and oil and gas divisions showed stable or slightly varied ebitda figures. The company maintains a healthy cash balance
The index evaluates states and UTs across eight key pillars: infrastructure, business climate, resources, government policy, regulatory ease, institutional environment, financial health and environmental resilience.
