India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the additional output to India, raising their collective market share to 78%. This surge, exceeding OPEC+'s planned increase, has led to competitive pricing, particularly from Saudi Arabia, impacting global crude prices and intensifying competition for India's growing market.
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The Indian femtech sector, after a funding peak in 2021, is now seeing strategic consolidation through acquisitions. IVF Access, a fertility chain, recently acquired Proactive For Her, a digital women's health clinic. This acquisition signals a shift towards integrated platforms offering full-stack clinical care, moving beyond standalone apps to address the entire care journey.
A recent report indicates that China is emerging as a significant force in the global AI landscape, particularly in non-reasoning models, with DeepSeek V3 0324 leading the way. While the US still dominates in reasoning models, advancements in multimodal AI and cost reductions are accelerating innovation and expanding access to high-performance AI worldwide, intensifying competition among key players.
India and the US are progressing towards a bilateral trade agreement, even as the impact of a US court order on potential tariffs is assessed. Commerce Minister Piyush Goyal highlighted the advancements alongside ongoing trade deal negotiations with the EU at the CII's Annual Business Summit 2025.
Ola Electric experienced a significant downturn in the March quarter, with revenue plummeting by 60% to Rs 649 crore and net losses widening to Rs 870 crore. Deliveries also sharply declined to 51,375 units, reflecting a substantial drop in demand, particularly in the premium segment.
IATA forecasts airlines to achieve a combined profit of $36 billion in 2025, a rise from $32.4 billion in 2024. Director General Willie Walsh cautioned against geopolitical disputes affecting airspace and highlighted supply chain challenges. India hosted the AGM for the first time in 42 years, with the next one scheduled for Brazil in 2026.
The Adani group has refuted a Wall Street Journal report that alleged connections between its businesses and Iranian LPG, labeling the claims as unfounded and malicious. Adani group clarified that it does not handle any cargo from Iran at its ports or manage ships owned by Iranians, strictly adhering to this policy across all its ports.
The OECD projects a U.S. economic slowdown to 1.6% in 2025, down from 2.8% in 2024, attributing it largely to President Trump's tariff policies disrupting global trade. These measures have increased U.S. tariff rates significantly, impacting business and consumer confidence. The global economy also faces strain, with growth expected to drop.
India and the US are actively engaged in discussions to finalize an initial tranche of a bilateral trade agreement (BTA). American officials have arrived in Delhi for negotiations aimed at enhancing market access and supply chain resilience. Commerce Minister Piyush Goyal expressed confidence in achieving positive outcomes.
India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the additional output to India, raising their collective market share to 78%. This surge, exceeding OPEC+'s planned increase, has led to competitive pricing, particularly from Saudi Arabia, impacting global crude prices and intensifying competition for India's growing market.
The Central Consumer Protection Authority (CCPA) has mandated e-commerce platforms in India to conduct self-audits within three months to detect and eliminate deceptive "dark patterns." This initiative aims to protect consumers from manipulative interface designs that lead to unintended actions. Platforms are also encouraged to submit self-declarations confirming compliance with anti-dark-pattern norms to foster transparency and build consumer trust.