In a significant move to highlight the role of indigenous shipbuilding in national development, the Indian Navy’s Warship Design Bureau (WDB) will host a one-day seminar titled 'Nation Building Through Shipbuilding' on July 23, 2025, at the Manekshaw Centre in New Delhi.

The seminar commemorates a major milestone in India’s naval history - the delivery of the 100th indigenously designed warship, Y12652 (Udaygiri), on July 1, 2025.

India's total exports of cotton textiles, including cotton yarn, cotton fabrics, made-ups, other textile yarn, fabric made-ups and raw cotton, crossed $35.642 billion during the last three years, Union Minister of Textiles Giriraj Singh informed Parliament on Tuesday.

The minister also stated that to enhance cotton productivity and quality, promote innovation and strengthen the entire textile value chain in line with the Vision 2030, a five-year 'Mission for Cotton Productivity' was announced by the Finance Minister in the Budget for 2025-26.

The Department of Agricultural Research and Education (DARE) is the nodal department for implementing the Mission, with the Ministry of Textiles as a partner. The Mission aims to boost cotton production through strategic interventions, including research and extension activities across all cotton-growing states.

The Mission also proposes to focus on developing climate-smart, pest-resistant, and high-yielding cotton varieties, including Extra Long Staple (ELS) cotton, using advanced breeding and biotechnology tools.

The Indian stock market closed almost flat on Tuesday following mixed reactions, as investors await more clarity on the interim US-India trade deal ahead of the August 1 deadline.

The recent movement in the domestic market also reflects the caution, with many investors opting to book profits amid ongoing quarterly result volatility.

Sensex settled at 82,186.81, falling 0.02 per cent or 13.53 points. The 30-share index started the session in green at 82,527.27 as compared to last day's closing of 82,200. However, the stock remained range-bound amid selling in heavyweights like Reliance, SBI, Tata Motors and L&T.

Indian equities remained resilient in June despite mid-month volatility triggered by geopolitical tensions, backed by robust domestic macroeconomic indicators and a gradual improvement in investor sentiment, a report said on Tuesday.

"Nifty 50 rose 3.1 per cent during the month, extending its leadership on a 12-month basis with a 6.3 per cent return. The Small-cap 250 index led the monthly performance with a 5.73 per cent gain and delivered 4 per cent annual returns, highlighting a renewed investor appetite for broader market segments," said PL Asset Management in its recent report.

Meanwhile, the Nifty Mid-cap index registered a 4.1 per cent rise in the month and a 5.6 per cent return over the past year.

According to the report, the overall momentum was supported by resilient macro fundamentals and improved breadth across sectors. At the same time, a ceasefire-driven rebound in global equities helped restore investor confidence as well.

Venture Capital (VC) investment in India rose to $3.5 billion across 355 deals in the second quarter of 2025 (Q2 2025) from $2.8 billion across 456 deals in the preceding quarter, a report said on Tuesday.

During the period, fintech remained one of the hottest sectors for investment in the nation, said KPMG in its latest 'Venture Pulse Q2 2025' report.

“India’s venture capital landscape demonstrated resilience in Q2’25, with funding rising despite global uncertainties. Key sectors like fintech, health-tech, and logistics drew strong investor interest, reflecting confidence in India’s innovation potential,” said Nitish Poddar, Partner and National Leader, Private Equity, KPMG in India.

The quarter’s performance underscores the country’s growing role in shaping the region’s startup ecosystem, Poddar added.

India is expected to expand close to its trend growth in FY26, supported by better consumption demand on recent monetary easing, income tax reductions, good monsoon rains, and the prospect of continued lower oil prices, according to a report on Tuesday.

The Standard Chartered global outlook report expects India to clock steady GDP growth of 6.6 per cent in FY26 compared to 6.5 per cent in FY25. While strong macro fundamentals provide the cushion, the bank also flags that India is not immune to tariff risk and the outcome of trade talks with the US and the EU will be key to growth prospects.

The confidence on India’s growth outlook comes even as the bank has lowered its 2025 global growth forecast slightly to 3.1 per cent from the 3.2 per cent earlier amid still-elevated trade policy uncertainty.

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues.

At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129.

Banking stocks were leading the market. Nifty Bank was up 0.30 per cent, higher than the main indices.

Buying was also seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 45 points or 0.08 per cent at 59,514 and Nifty smallcap 100 index was up 80 points or 0.42 per cent at 19,038.

Among the sectoral indices, PSU bank, financial services, metal, media, energy and private bank were in the green. Pharma, IT, auto and FMCG were in the red.

In the Sensex pack, Eternal, Trent, Tata Steel, ICICI Bank, HDFC Bank, TCS, BEL, HCLTech, NTPC and SBI were top gainers. Tata Motors, Bajaj Finserv, Sun Pharma, M&M, Bharti Airtel, Maruti Suzuki, L&T, HUL and Asian Paints were top losers.

The combined Index of Eight Core Industries (ICI) increased by 1.7 per cent in the month of June compared to the same month last year, the Ministry of Commerce and Industry data showed on Monday.

The production of steel, cement and refinery products recorded positive growth last month.

"The final growth rate of Index of Eight Core Industries for May 2025 was observed at 1.2 per cent. The cumulative growth rate of ICI during April to June, 2025-26 is 1.3 per cent (provisional) as compared to the corresponding period of last year," the ministry said.

Petroleum refinery production increased by 3.4 per cent (on-year) in June. Its cumulative index remained constant during April to June, 2025-26 over corresponding period of the previous year.

Snapping the losing streak, the Indian stock market closed in the positive territory on Monday, following value buying in banking heavyweights, as Sensex gained over 442 points.

Sensex settled at 82,200.34, up 442.61 points or 0.54 per cent. The 30-share index opened in green at 81,918.53 against last session's closing of 81,757.73. However, the index experienced a volatile session, hitting intra-day low at 81,518.66.

Nifty50 closed at 25,090.70, up 122.30 or 0.49 per cent.

Analysts said that positive results from banking majors supported the market to rebound after many days of consolidation.

“The market remains highly reactive to earnings, indicating that investors remain focused on the earnings front to aid valuation," they added.

The manufacturing segment gained today as the government is reviewing the scope of expanding the infrastructure spending to support growth.

India houses nearly 1,700 Global Capability Centres (GCCs) spread across tier 1 and 2 cities, accounting for around 53 per cent of the total number of GCCs worldwide, a report said on Monday.

Bengaluru, Hyderabad, Chennai, Delhi-NCR, Mumbai and Pune account for 94 per cent of the total number of GCCs in India, said Vestian Research, an occupier-focused global workplace solutions provider, in its report.

The rest 6 per cent GCCs are spread across Kolkata, Kochi, Ahmedabad, Chandigarh, Coimbatore, Vadodara, Nashik, Trivandrum, Jodhpur, Warangal, Baroda, Visakhapatnam, Bhogapuram, Jaipur, Surat, Mohali, Bhubaneswar, Indore, Mysuru, Madurai and Bhopal.

According to Vestian Research, the total number of GCCs in India is projected to exceed 2,100 by FY28, growing at a CAGR of 8 per cent. On average, approximately 150 new centres are expected to be established annually.