Sector News

India's textile industry has welcomed the government's decision to temporarily remove import duty on cotton from June to October 2026. Industry bodies believe the move will help address the cotton supply gap and improve the competitiveness of Indian textile exports.

RITES and CRISIL have partnered to offer data-driven infrastructure consultancy solutions across railways, highways and energy sectors in India and abroad. Read more about the collaboration and its focus areas.

Timex Group India reported revenues of ₹800 crore in FY26, up 48% year-on-year. Profit before tax came in at ₹107.4 crore, jumped 151% year-on-year. The company said growth came from strong performance across Timex, Guess, and Versace brands. Read ahead to know more.

India’s energy investment is projected to hit $170 billion in 2026, driven by strong growth in solar, grids and refining.

Bharti Airtel led subscriber additions in April with 34.82 lakh net gains, beating Reliance Jio's 30.84 lakh. India's total telecom subscriber base hit an all-time high of 133.75 crore.

India's fertiliser subsidy could exceed ₹3 lakh crore in FY27, nearly double the budget estimate, as global urea prices surge 65% and West Asian conflict disrupts key supply chains.

Adani Green has commissioned a 3.37 GWh battery storage system at Khavda, Gujarat, strengthening renewable power integration and grid stability. Read more about the company’s expansion plans and clean energy roadmap.

ONGC selected BP Exploration Services India as technical services provider for its western offshore fields, targeting a 24.1% increase in combined oil and gas output over a ten-year contract period.

Pharma stocks like Aurobindo Pharma and Gland Pharma are outperforming in 2026 as investors seek stability amid volatile markets and rupee weakness. Read more about the sector’s rally.