THE PNEUMETRON INDEX

Business Feed

SECTION TWO · DISPATCHES
THURSDAY, OCTOBER 15, 2026
Business

India’s Engineering Exports Surge 21% Amid Global Shipping Disruptions

India’s engineering goods exports reached $11.48 billion in June, marking a 21% year-on-year increase despite significant global shipping hurdles. This growth, led by strong demand from key markets like the United States and China, highlights the resilience of India's manufacturing sector.

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Business

HDFC Bank Concludes Internal Probe into Deposit Pricing Practices

India's largest private lender, HDFC Bank, has completed an internal investigation into allegations of irregular deposit pricing. The bank determined that while employees engaged in 'business overreach' to meet targets, the actions did not constitute formal misconduct.

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Business

Akums Bolsters Manufacturing Footprint with Rs 56 Crore Oriflame India Deal

Akums Drugs and Pharmaceuticals has entered into a definitive agreement to acquire the manufacturing business of Oriflame India for Rs 56 crore. This strategic move allows Oriflame to transition toward an asset-light model while enabling Akums to expand its contract manufacturing capabilities in the beauty and personal care sector.

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Business

President Murmu Champions Strategic Economic Partnerships in Europe

President Droupadi Murmu has embarked on a diplomatic mission to strengthen economic ties with Romania and Moldova, emphasizing the potential for deep industrial and technological collaboration. The President highlighted India's growth trajectory and the strategic importance of the proposed India-EU free trade agreement as catalysts for future prosperity.

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Business

Adani Enterprises Formally Denies Ambitions to Enter Airline Industry

Adani Enterprises has officially clarified that it is not evaluating any proposals to enter the airline business, putting an end to recent market speculation. The conglomerate, which already holds a significant stake in India's airport infrastructure, reaffirmed its focus on its existing core operations.

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Business

India’s Economic Resilience Amid Global Volatility: Insights from the RBI

The Reserve Bank of India’s latest bulletin highlights the nation's sustained economic momentum through June, positioning India as a resilient leader among major global economies. Despite geopolitical tensions and supply chain disruptions, strong performance in industrial and service sectors, alongside robust trade, continues to drive growth.

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Business

Melbourne Secures Fourth Global Ranking in QS Best Student Cities 2027

Melbourne has been named the top student city in Australia and the fourth globally in the 2027 QS Best Student Cities rankings. This achievement marks the fifth consecutive year the city has maintained a top-five position, highlighting its appeal through academic excellence, cultural diversity, and student support.

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Business

India-UK Trade Ties Enter New Chapter as Jonathan Reynolds Named Business Secretary

Union Commerce and Industry Minister Piyush Goyal has extended his congratulations to Jonathan Reynolds on his appointment as the UK's Secretary of State for Business, Innovation, Science and Trade. The appointment coincides with the recent implementation of the Comprehensive Economic and Trade Agreement (CETA) and a significant transition in British leadership.

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Business

JSW Group in Advanced Talks to Acquire Stake in Volkswagen India

The JSW Group is reportedly in advanced negotiations to acquire a significant stake in Volkswagen’s Indian operations. This potential partnership signals a major shift in the Indian automotive landscape as JSW continues to aggressively expand its footprint in the mobility sector.

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