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Indian electronics manufacturers are facing one of their biggest supply chain disruptions in recent months as a shipping crisis in the Gulf region creates a bottleneck for essential components. Microprocessors, batteries, and other critical parts that form the backbone of smartphone, laptop, and appliance production are arriving late and at higher costs, forcing companies to […]

The Centre has rejected a Bloomberg Economics analysis that suggested the Reserve Bank of India may have sold gold reserves to bolster the country’s foreign-currency assets. The Bloomberg Economics report estimated that the RBI likely sold around $12 billion worth of gold in the two weeks through May 22 while purchasing roughly $7.5 billion in

For at least a decade, India’s domestic institutional investors largely stayed away from Rajesh Exports. Mutual funds, which held a peak stake of just 0.5% in March 2016, have since exited completely. Private insurance companies hold no meaningful exposure either. LIC took a different view. The state-owned insurer increased its stake more than fivefold, from

India’s government has taken a controversial step to address severe shortages of two critical cancer drugs by approving price increases for cisplatin and carboplatin. The Centre granted in-principle approval using special powers under Para 19 of the Drugs Price Control Order, or DPCO. This move allows manufacturers to raise prices, with final numbers to be