Radico Khaitan Ltd., one of India’s leading spirits manufacturers, reported a sharp 73% year-on-year rise in its consolidated net profit to Rs. 140 crore for the second quarter of FY25, driven by strong growth in its premium liquor segment and improved operational efficiency. Revenue for the quarter climbed 15% to Rs. 1,090 crore, supported by robust consumer demand and a favourable product mix. The company’s focus on premiumization and cost optimization initiatives significantly boosted margins.

India is on track to transition from a developing to a developed market, driven by rapid economic expansion, financial sector reforms, and digital innovation, according to Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao. Speaking at an economic policy forum, Rao emphasized that India’s strong macroeconomic fundamentals, resilient banking system, and inclusive digital transformation are laying the groundwork for sustainable long-term growth.

As Delhi’s air quality plunges to hazardous levels, the demand for air purifiers has surged sharply, with retailers and online marketplaces reporting a significant spike in sales ahead of the winter season. The national capital’s pollution crisis, aggravated by stubble burning and stagnant weather conditions, has pushed households, corporates, and institutions to invest in air-cleaning devices. Major brands like Dyson, Philips, Mi, and Honeywell are witnessing unprecedented consumer demand, with several models running low on stock.

India has initiated a pilot project for the Calling Name Presentation (CNAP) system, an advanced telecom feature that will display the caller’s verified name on recipients’ phone screens. The move, led by the Department of Telecommunications (DoT), aims to curb spam calls, fraud, and misuse of mobile networks by enhancing caller transparency. The pilot, conducted with major telecom operators, will assess the system’s technical feasibility and data protection protocols before a nationwide rollout by 2026.

The upcoming Rajasthan DigiFest 2025 is set to position the state as a rising hub for innovation and entrepreneurship, drawing participation from over 30 countries. The event, which aims to foster collaboration between startups, investors, and policymakers, will showcase India’s growing digital ecosystem and Rajasthan’s expanding role in the global startup network.

In a pivotal diplomatic engagement, former U.S. President Donald Trump and Chinese President Xi Jinping met to discuss the trajectory of US-China relations, addressing issues ranging from trade imbalances and technology rivalry to regional security and global economic stability. The talks, held in a cautiously optimistic atmosphere, signaled a potential thaw after years of escalating tensions that reshaped global trade dynamics.

The Gujarat Maritime Board (GMB) and APM Terminals have announced a joint investment of Rs 17,000 crore to expand and modernize port infrastructure in Gujarat, aiming to bolster India’s maritime trade capabilities and global logistics competitiveness. The ambitious project focuses on enhancing cargo handling efficiency, developing green logistics infrastructure, and supporting the state’s vision of becoming a leading maritime hub.

Orkla India, a leading player in the fast-moving consumer goods (FMCG) segment, has mobilized Rs 500 crore from anchor investors ahead of its highly anticipated initial public offering (IPO). The strong anchor book participation reflects investor confidence in the company’s growth prospects, brand portfolio, and financial stability. Backed by its parent company Orkla ASA of Norway, the IPO marks a key milestone in the group’s India growth strategy.

ReNew Energy Global Plc has achieved the highest environmental, social, and governance (ESG) score among India’s power generation companies in S&P Global’s latest Corporate Sustainability Assessment. The recognition marks a significant milestone for the renewable energy major, underscoring its strong sustainability credentials, transparent governance, and commitment to responsible business practices.

Happiest Minds Technologies Ltd. has reported a consolidated net profit of Rs. 54 crore for the second quarter of FY2025, marking a steady improvement from the previous year’s performance. The Bengaluru-based digital transformation and IT services company witnessed consistent revenue growth, supported by strong demand across cloud, analytics, and artificial intelligence-led solutions.