FEDERATION OF SEED INDUSTRY OF INDIA FSII
CII proposes comprehensive reforms to streamline industrial land access in India
The Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing by making land access easier and more transparent. The proposals include a national land bank and a digital single-window system. These changes are expected to speed up projects and attract more investment.
Akshaya Tritiya 2026: Gold, silver trade seen topping Rs 20,000 cr despite record prices and decline in volumes
Akshaya Tritiya 2026 is set for record precious metal sales in India. Despite soaring gold and silver prices, trade is expected to exceed Rs 20,000 crore. Consumers are opting for lightweight jewelry, silver, and diamond products. Digital gold and bonds are also gaining traction. This trend shows a shift towards value-driven purchases and financial prudence.
Austria bets big on Indian talent with Focus India partnership
Austrian and Indian relations are reaching new heights, fueled by a recent visit from Austria's Federal Chancellor, emphasising the evolution of their academic partnership. Already, 200 Indian students have commenced their studies in Austria, marking a milestone following the establishment of a migration agreement and collaborative economic efforts.
90% plus tracks in India are substandard: AFI spokesperson Adille Sumariwalla
Most Indian athletic tracks are substandard, according to Athletics Federation of India spokesperson Adille Sumariwalla. He stated that materials, construction, and measurements are often poor. The AFI will now actively participate in track certification following directives from World Athletics. This ensures better quality tracks for athletes across the country.
Govt clears UP potato buy at Rs 6,500/ton, hikes gram cap in Andhra Pradesh
The government is stepping in to support farmers. Twenty lakh tonnes of potatoes will be bought in Uttar Pradesh. Gram procurement limits have been increased in Andhra Pradesh. Tur farmers in Karnataka will have more time to sell their produce. These measures aim to ensure farmers get fair prices and avoid distress sales.
Govt recognised over 55,200 startups in FY26
India has recognised more than 55,200 startups in FY26, a 51.6% rise over last year, while the direct jobs created by them increased 36.1%, the “highest” in a single year since the launch of the Startup India initiative in 2016, the government said on Friday.
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US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegations
TEXPROCIL has responded to US investigations on excess manufacturing capacity and forced labor. The Indian textile body rejects these claims, highlighting strong domestic demand. India's cotton textile sector is primarily driven by local consumption, with exports forming a small portion. Any negative US action could harm trade ties.
15 banks get government nod to import gold & silver for 3 years
India has authorized 17 banks to import gold and silver. This authorization is effective for three years from April 1, 2026. The move resolves a customs clearance delay that had stalled shipments. This decision brings relief to importers and ensures smooth trade of precious metals. The new authorization is valid until March 31, 2029.
Andreessen Horowitz partner Bryan Kim departs to launch new AI-focused fund
Bryan Kim, who joined the Silicon Valley venture capital firm in November 2020, focused on consumer technology and AI applications. During his tenure at a16z, Kim led and participated in several early-stage investments, often at the seed and Series A levels.
India explores FTA full use with Norway, sets up fast-track investment system with Austria
India and Norway are enhancing cooperation in energy, maritime, and biotech sectors. Norway sees growing investment interest in India. Meanwhile, India and Austria have launched a Fast-Track Mechanism to facilitate investments and resolve issues. This initiative aims to expand bilateral trade and leverage industrial complementarities. Both nations are prioritizing sustainable development and green technologies for future collaboration.
Jio preps May IPO; Wipro slips after results
Jio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029
The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gold and silver from April 1, 2026 to March 31, 2029.
Radhakishan Damani-backed VST Industries shares jumps 15% as Q4 profit doubles to Rs 116 crore
VST Industries share price saw a significant jump on Friday. The Radhakishan Damani-backed company reported a 120% rise in net profit for Q4 FY26. Revenue from operations increased by 52%. EBITDA climbed 61%, reflecting improved efficiencies. Strong fundamentals and market initiatives drove this growth. Investor confidence is high, making VST Industries a stock to watch.
Labour-intensive sectors see steep fall in exports in March
The fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, driving growth. On the flip side, textiles and gems were hampered by market fluctuations. Disruptions in West Asia's trade routes complicated logistics, affecting shipments significantly. Interestingly, electronics imports surged, crossing the $100 billion threshold.
Piyush Goyal engages with South Korean, Austrian leadership to deepen economic ties
Union Minister of Commerce and Industry, Piyush Goyal, advanced India's trade agenda through a series of diplomatic engagements on Thursday, holding a virtual meeting with South Korean Trade Minister Yeo Han-koo and an in-person session with Austrian Federal Chancellor Christian Stocker. The meetings, focused on bilateral investment and technological synergy, resulted in the signing of a new mechanism aimed at accelerating business resolutions between India and Austria.
India eyes US-led Pax Silica seed fund
India is keen on getting access to the US State Department's new $250 million Pax Silica seed fund designed to secure global supply chains for artificial intelligence, semiconductors and critical minerals, people in the know said. This was discussed among steps to operationalise the multilateral initiative during foreign secretary Vikram Misri's three-day visit to Washington DC last week, they said.
Seed industry seeks policy support amid input cost increase
The turbulence in West Asia is starting to have a notable impact on India's seed industry, causing costs to soar. In response, companies are urging the government to consider more substantial tax breaks for research and development efforts. They also propose tapping into the Agricultural Infrastructure Fund to facilitate energy shifts.
White House to give US agencies Anthropic Mythos access: Report
The US government is planning to make a version of Anthropic's frontier AI model Mythos available to major federal agencies amid concerns that the tool could sharply increase cybersecurity risk.
Renault bets big on India, plans seven-model portfolio by 2030
Renault is set to launch seven new models in India by 2030. The company aims for India to become one of its top three global markets. Its Chennai manufacturing facility will become a global export hub. This strategic move signals Renault's ambition to significantly increase its presence and market share in India.
Corrugated box manufacturers warn of severe cost surge, call for price revision and policy support
India's corrugated box makers are in crisis. Kraft paper prices have jumped 15-20 percent. Other materials like gum and ink are up 30-40 percent. Factory running costs are also increasing. The industry faces GST refund delays, locking up vital funds.
Aroop Biswas under pressure as Tollygunj simmers over jobs, deleted votes, Tollywood control
Kolkata’s Tollygunj—long a stronghold of Aroop Biswas—is witnessing rare political churn ahead of the 2026 polls, with voter anger building over job losses, deletion of over 43,000 names from electoral rolls, and allegations of entrenched local and industry-level control by the Biswas brothers. A triangular contest involving the TMC, BJP and CPI(M) has turned the seat into a high-stakes battle, testing whether one of the Trinamool Congress’s last urban bastions can hold amid rising discontent and shifting voter dynamics.
With just a bicycle and seeds in his pocket, he planted 1 crore trees: Telangana’s 'Tree Man' proved how one person can change India
With just a bicycle and a pocket full of seeds, Telangana’s ‘Tree Man’ Daripalli Ramaiah planted over 10 million trees, creating one of the most inspiring tree plantation movements in India. His journey highlights the power of environment conservation, afforestation in India, and sustainable living, proving that a single individual can drive a massive green movement in India through consistent efforts and dedication.
NBCFDC logs highest ever disbursement of Rs 613.75 crore in FY26: Govt
The National Backward Classes Finance and Development Corporation recorded its highest-ever disbursement of Rs 613.75 crore in FY 2025-26. This benefited over 61,000 individuals, marking a significant increase from the previous year. The corporation also saw full utilization of funds under various schemes, including VISVAS and PM-DAKSH.
India, Germany decide to shore up defence and energy ties amid West Asia crisis
India and Germany have agreed to strengthen cooperation in defense, green hydrogen, renewable energy, and critical technologies amidst global geopolitical challenges. Discussions during the Foreign Office Consultations in Berlin covered bilateral relations, regional conflicts like West Asia and Ukraine, and future collaboration avenues.
Power equipment startup Ayr Energy in talks to raise $25-30 million: sources
US-based Ayr Energy is in talks to raise $25–30 million from Energy Impact Partners, which could value the startup at around $200 million. Founded by former Zetwerk and Ather Energy executive Anirudh Reddy, the company is betting on rising power infrastructure demand driven by artificial intelligence workloads and data centres.
India-Austria to deepen economic ties; Bilateral trade crosses USD 2.35 billion: CII Regional Chairman
India and Austria move to deepen their economic partnership with a specific focus on green technologies and advanced manufacturing as bilateral trade between the two nations surpassed the USD 2.35 billion mark.Chairman of the CII Western Region and Chairman & Managing Director of Blue Star Ltd, identified these sectors alongside digital innovation as the primary drivers for the next phase of the bilateral relationship.
Physical AI startups out to play the big game
ET writes how robotics AI startups are seeing increased investments, signalling growing confidence in this space in India.
US judge blocks Arizona criminal case against Kalshi at CFTC's request
In a notable turn of events, Arizona's criminal case against the innovative prediction market, Kalshi, has been suspended by a federal judge. The CFTC has stepped in, launching a lawsuit aimed at shielding the prediction market landscape from state regulation. The temporary restraining order issued by the court effectively freezes Arizona's attempts to levy criminal charges against CFTC-governed entities.
European alcoholic drinks companies seek India tariff relief as shortages of cans, bottles loom
Indian liquor firms are grappling with rising costs for glass bottles and cans. Supply chain disruptions, linked to the Iran war, are causing shortages. Local manufacturers struggle to meet demand. Companies are seeking government relief, including import duty exemptions, to avoid further price hikes and potential stockouts. This situation impacts India's growing alcohol market.
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