Eternal, a prominent name in its segment, has come under regulatory scrutiny after tax authorities issued a Goods and Services Tax (GST) demand amounting to Rs 27.56 crore. The development introduces a new layer of financial and compliance pressure for the company, even as it continues to maintain a strong market presence. The demand reportedly stems from alleged discrepancies related to tax filings and input credit claims over a defined assessment period.

Vodafone Idea has received significant financial breathing room after authorities allowed the telecom operator to defer repayment of its adjusted gross revenue (AGR) dues for 10 years. The decision eases immediate cash-flow pressure on the debt-laden company and offers a lifeline as it works to stabilise operations in an intensely competitive telecom market. While the move does not eliminate liabilities, it reshapes the repayment timeline, giving Vi space to focus on network investments, subscriber retention, and capital infusion.

India’s economic growth is projected at 6.6%, reflecting resilient domestic demand even as external pressures intensify. A recent United Nations assessment highlights how tightening global financial conditions and renewed trade frictions—particularly higher US tariffs—could moderate momentum in the near term. While India remains among the fastest-growing major economies, export-oriented sectors may face headwinds from weaker global trade and shifting supply chains.

Keystone Realtors reported a modest decline in sales during the third quarter, with booking value falling 3% year-on-year to Rs 837 crore. The softer performance reflects a phase of selective demand in the residential real estate market, where buyers are increasingly cautious amid higher interest rates and elevated property prices. While underlying housing demand remains intact in key urban markets, execution timelines, project mix, and buyer preference shifts influenced quarterly numbers.

JSW Steel recorded a 6% increase in crude steel production during the December quarter, reflecting steady demand conditions and improved operational efficiency across its domestic facilities. The growth underscores the company’s ability to maintain output momentum despite a challenging global steel environment marked by pricing volatility and uneven demand recovery. Higher capacity utilization, supported by infrastructure spending and stable domestic consumption, played a key role in lifting production volumes.

Former U.S. President Donald Trump has expressed support for a proposed sanctions bill aimed at countries continuing to import Russian crude, placing India and China under renewed geopolitical and economic scrutiny. The move signals a potential hardening of Washington’s stance on global energy trade linked to the Russia-Ukraine conflict. If enacted, the legislation could disrupt established oil procurement strategies, increase market volatility, and complicate diplomatic equations for major emerging economies.

Budget 2027 places green steel production at the center of India’s industrial and climate strategy, unveiling targeted incentives to reduce carbon intensity in one of the country’s most emission-heavy sectors. The proposed measures aim to encourage steelmakers to adopt cleaner technologies, expand the use of renewable energy, and invest in low-emission manufacturing processes. By aligning fiscal support with sustainability goals, the government seeks to enhance global competitiveness, meet climate commitments, and future-proof the domestic steel industry.

Amagi Media Labs is set to enter the public markets with the opening of its initial public offering on January 13, offering shares in a price band of Rs. 343 to Rs. 361. The IPO marks a significant moment for India’s fast-evolving advertising technology sector, as investors assess the company’s growth trajectory, business fundamentals, and long-term profitability potential. With operations spanning content monetization and targeted advertising, Amagi’s public debut reflects broader confidence in data-driven media platforms.

Air India has inducted its first Boeing 787 Dreamliner in eight years, marking a symbolic and operational milestone in the carrier’s long-awaited fleet modernization drive. The aircraft’s arrival underscores the airline’s renewed focus on efficiency, passenger comfort, and long-haul competitiveness as it undergoes a broader transformation. Industry analysts view the induction as a tangible outcome of strategic investments aimed at restoring Air India’s global standing.