Exide Industries, one of India’s leading energy storage manufacturers, is preparing to launch commercial production of lithium-ion cells by the end of FY26. The move represents a major strategic shift as the company positions itself to meet rising domestic demand for advanced battery technologies, driven by electric mobility, grid storage, and industrial applications. With its new facility designed to deliver large-scale output, Exide aims to strengthen India’s battery ecosystem and reduce dependence on imports.

India’s gold imports soared to an unprecedented level in October, touching Rs 1.22 lakh crore (USD 14.72 billion) as demand surged ahead of the festive and wedding seasons. The sharp spike in shipments pushed the nation’s October trade deficit to its widest point in 14 months, raising concerns about inflationary pressures and foreign exchange outflows. The jump in gold imports also reflects robust consumer sentiment, despite elevated global bullion prices.

Microsoft India recorded an impressive financial performance in FY25, reporting a 39% jump in net profit to Rs. 1,245 crore, underscoring robust demand for cloud services, enterprise solutions, and digital transformation tools across the country. The company’s strong results reflect India’s expanding digital economy, rising IT investments, and a growing reliance on advanced software ecosystems.

Life Insurance Corporation of India (LIC) has urged the government to exempt life insurance products from the Goods and Services Tax (GST), arguing that such a move would allow insurers to claim Input Tax Credit (ITC) and ultimately reduce costs for policyholders. The proposal comes at a time when the insurance industry is navigating rising operational expenses, evolving regulatory frameworks, and increased demand for transparent, affordable financial protection.

State Bank of India (SBI), the country’s largest lender, is urging the government to introduce a dedicated credit guarantee framework for emerging industries such as electric mobility, renewable energy, deep-tech, and digital-first enterprises. With new-age sectors rapidly expanding yet often lacking traditional collateral structures, SBI aims to reduce lending risk while enabling greater capital flow to high-growth industries.

India’s digital economy is expanding at an unprecedented pace, prompting significant advancements in cybersecurity frameworks and telecom infrastructure. As data volumes surge and digital services deepen their reach, the nation is shaping a more resilient security ecosystem through modern legislation, innovative technological safeguards, and sector-wide compliance measures. Simultaneously, telecom advancements—from 5G deployment to emerging satellite-based connectivity—are redefining communication and enabling new business opportunities.

The Haryana government has announced a new increase in Dearness Allowance (DA) for employees covered under the 5th Pay Commission, offering financial relief amid rising living costs. The revision aims to help state employees cope with inflationary pressures while aligning compensation frameworks with broader fiscal commitments. The hike, effective from the designated implementation date, reflects the administration’s efforts to maintain parity between various pay structures and ensure fair cost-of-living support.

The Ministry of Mines has unveiled an extensive showcase at the India International Trade Fair (IITF) 2025, emphasizing the nation’s growing capabilities in sustainable mineral exploration, processing, and resource management. The pavilion, designed around the theme of “Sustainable Mining for a Prosperous Future,” highlights India’s advancements in critical minerals, green technologies, and digital innovations shaping the mining ecosystem.

Juniper Green Energy, a prominent player in India’s renewable energy landscape, has commissioned a 50 MW wind power project in Gujarat, marking another milestone in the nation’s clean energy transition. The development reinforces the company’s commitment to sustainable energy generation and supports India’s broader objective of achieving 500 GW of renewable capacity by 2030.

GVK Power & Infrastructure Ltd. posted a Rs 1.2 crore loss in the second quarter, reflecting ongoing operational pressures and the lingering effects of sector-wide challenges in the energy and infrastructure ecosystem. While the company has been working to optimize its cost base and manage liabilities, revenue constraints and project-level bottlenecks continued to weigh on quarterly performance. The latest results underscore the volatility faced by infrastructure operators navigating regulatory hurdles, financing costs, and shifting demand patterns.