India's eight core infrastructure sectors witnessed a sharp slowdown in growth, expanding only 2% in July 2025, compared to 6.3% in the same month a year ago. The latest government data showed that production was weighed down by declines in key segments such as coal, crude oil, natural gas, and refinery products. In June 2025, the sectors had reported a 2.2% growth rate. For the April-July period of the current fiscal year, the combined growth stood at 1.6%, a significant fall from 6.3% recorded during the same time last year.Read more
Retail inflation for farm and rural workers moderated in July, dropping to 0.77 per cent for agricultural labourers and 1.01 per cent for rural labourers, down from higher figures in June. The All-India Consumer Price Index rose slightly for both groups, while food inflation contracted to -1.56 per cent and -1.13 per cent, making essential commodities more affordable. Based on data from 787 sample villages across 34 States and Union Territories, the figures reflect easing price pressures on rural households. Analysts view the moderation as a sign of relative stability in the rural economy after earlier fluctuations.Read more
In a first-of-its-kind collaboration, real estate firm House of Abhinandan Lodha (HoABL) has partnered with quick commerce platform Zepto to market its residential plots. The deal, announced on Tuesday, will initially feature premium plots in Vrindavan, Uttar Pradesh, and Neral, Maharashtra, directly on the Zepto app. By leveraging Zepto's "10-minute" delivery model, the partnership aims to "democratize land ownership" and make real estate investment more accessible to a wider, digitally-native audience. This innovative move expands Zepto's offerings beyond groceries and daily essentials while allowing HoABL to tap into a massive, non-traditional customer base.Read more
Zerodha co-founder Nikhil Kamath has invested INR 137.5 crore in Gujarat-based Goldi Solar to support its expansion. Founded in 2011, the solar PV module maker has rapidly scaled its capacity from 3 GW to 14.7 GW and is developing solar cell manufacturing in Surat. Kamath said India's renewable sector offers vast opportunities to build global-scale companies locally. The investment underscores momentum in the domestic solar industry, with rivals like Vikram Solar preparing for a INR 2,000 crore IPO. Backed by government policies, including import duties on foreign modules and PLI incentives, India is targeting 280 GW of solar power capacity by 2030.Read more
The Reserve Bank of India (RBI) has approved the merger of Hinduja Leyland Finance with NDL Ventures. This is a key step in a larger plan by Ashok Leyland, the parent company, to publicly list its non-banking financial company through a reverse merger. The combined entity is expected to have assets over INR 29,000 crore, strengthening its financial position. The approval paves the way for the company to proceed with other regulatory and shareholder approvals.Read more
SEBI has proposed significant changes to allow resident Indian non-individuals and mutual funds greater participation in the Foreign Portfolio Investors framework, especially within International Financial Services Centres. The regulator plans to enable retail schemes sponsored or managed by resident Indians in IFSCs to register as FPIs, with a 10 percent contribution limit in certain funds. Additionally, overseas mutual funds could include Indian mutual funds as constituents. The proposals seek to expand the existing FPI participation rules that currently restrict resident Indians and NRIs from registering as FPIs, aiming to foster increased investment flexibility and growth in international investment structures.Read more
Visakhapatnam is set to witness significant growth in its information technology sector, as five companies, including Sify and Phenom People, have committed to establishing data centre operations in the city. The Andhra Pradesh government, earlier this week, approved land allotments for these companies, which have proposed a collective investment of INR 19,000 crore. These projects are expected to generate large-scale employment opportunities, positioning Visakhapatnam as a key player in India's digital infrastructure ecosystem. Authorities consider this initiative a pivotal step towards expanding the state's digital economy and supporting the broader vision of a technology-driven urban landscape.Read more
Tesla India Motor & Energy has leased nearly 51,000 sq. ft. of space in Orchid Business Park, Gurugram for a nine-year term, with a starting monthly rent of INR 40.17 lakh. The space will serve as a retail showroom, service centre, and warehouse. This marks Tesla's second major commercial facility in India after its Mumbai launch. The company has paid a security deposit of INR 2.41 crore and will get 51 parking slots. Annual rent will rise by 4.75%, eventually reaching about INR 58.22 lakh by the ninth year.Read more
Deloitte India has forecasted the country's GDP growth to fall between 6.4% and 6.7% for the current financial year, backed by strong internal demand, policy initiatives, and expanding global trade partnerships. While India's economic landscape continues to stand out in a volatile global environment, the consultancy emphasized the need for caution in navigating trade exposure and geopolitical tensions. Strategic trade agreements under negotiation with the UK, US, and European Union are expected to unlock new avenues for income generation, job creation, and market expansion.Read more
Solar RE Power, a subsidiary of SAEL Industries, has commissioned a 50 megawatt (MW) solar power plant in Beed district, Maharashtra. This ground-mounted project, featuring TOPCon bifacial modules for high energy yield, is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually. Backed by a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), the plant aligns with the government's vision for a sustainable energy future. This initiative strengthens SAEL Industries' renewable energy portfolio across India and supports Maharashtra's clean energy targets, further reducing carbon emissions.Read more