Author: Neel Achary

India Highlights Strong Economic Fundamentals and Record Export Performance at WTO Trade Policy Review

New Delhi, July 22: India reaffirmed its robust economic outlook and growing prominence in global trade during the World Trade Organization (WTO) Trade Policy Review, showcasing record export achievements, sustained economic resilience, and its commitment to a transparent, inclusive, and rules-based multilateral trading system.

Representing India at the review, the Commerce Secretary highlighted the country’s strong macroeconomic fundamentals, policy-driven reforms, and expanding trade footprint despite an increasingly challenging global economic environment. The Secretary noted that record merchandise and services exports reflect the resilience of Indian businesses, improved competitiveness, and the government’s continued focus on strengthening trade, investment, and manufacturing.

The review underscored India’s ongoing efforts to streamline trade processes, enhance digital infrastructure, improve the ease of doing business, and foster a business-friendly policy environment. These measures have reinforced India’s position as a trusted global trading partner and an attractive destination for international investment.

Emphasizing the importance of multilateral cooperation, India reiterated its commitment to working closely with WTO members to promote fair, predictable, and sustainable global trade while advocating for the priorities of developing economies. The Commerce Secretary stressed that a balanced and inclusive trading system remains essential for fostering shared economic growth and resilience.

Looking ahead, India will continue to pursue reforms aimed at expanding export opportunities, strengthening supply chains, promoting innovation, and accelerating sustainable economic development. The WTO Trade Policy Review reflects the country’s ongoing efforts to deepen its integration with the global economy while supporting long-term, inclusive growth.

Indian Markets Slip in Early Trade as Oil Prices Rise and U.S. Tariff Plans Weigh on Sentiment

Mumbai, July 22: Indian stock markets opened on a weaker note on Wednesday, with the BSE Sensex and NSE Nifty 50 retreating in early trading as investors reacted to rising global crude oil prices and renewed concerns over the United States’ proposed tariff measures.

The cautious market mood was driven by a sharp increase in oil prices, which raised fears of higher inflation and increased import costs for India, one of the world’s largest crude oil importers. At the same time, uncertainty surrounding the U.S. tariff proposal added to investor nervousness, prompting broad-based selling across several sectors.

During the opening session, the Sensex dropped nearly 370 points, while the Nifty fell more than 100 points. Oil-sensitive industries, including aviation and paints, remained under pressure, while pharmaceutical stocks also witnessed declines amid concerns that the proposed U.S. tariffs could impact exports.

Market experts believe investors are adopting a wait-and-watch approach as they assess the potential impact of global trade developments, fluctuating energy prices, and the ongoing corporate earnings season. They added that any sustained rise in crude oil prices could continue to influence market sentiment in the near term.

Going forward, traders will closely monitor international oil price movements, updates on U.S. trade policy, and domestic economic indicators for further direction. Despite the weak start, analysts remain optimistic that positive corporate earnings and stable domestic fundamentals could help support the markets over the longer term.

TYBR Health Announces $30 Million Series A Financing to Expand Access to the B3 GEL System

HOUSTON, July 22: TYBR Health today announced a $30 million Series A financing led by Vensana Capital and Mutual Capital Partners, with participation from Neovate Capital Partners and existing investors. The company will use the funds to expand commercial access to its FDA-cleared B3 GEL® System, broaden its product indications, and run clinical studies evaluating tissue protection during orthopedic surgery.

Orthopedic surgery is very good at what it sets out to do: restore anatomy and repair damaged structures. The operation, though, is only the start of recovery. How tissue responds over the following days and weeks shapes scarring, mobility, pain, and how much function returns, and surgeons have had few tools to influence tissue healing after the surgery.

TYBR Health builds technology for that critical healing window. The B3 GEL® System is a flowable extracellular matrix hydrogel, cleared by the FDA, designed to protect tendons, ligaments, muscles, and the surrounding soft tissue while they heal.

“Surgeons are exceptionally good at the structural repair, but the biology that follows is what determines how it heals. That part of the equation has gone largely unaddressed,” said Tim Keane, PhD, co-founder and CEO of TYBR Health. “We built TYBR Health around a simple principle: managing the healing environment should complement good surgical technique and contribute to better recovery for patients.”

“There’s a shift underway across surgical specialties, from focusing almost entirely on the mechanical repair to also weighing the biological conditions that repair needs to succeed,” Keane added. “This financing lets us reach more surgeons and generate the clinical evidence to move that shift forward.”

Since launch, the B3 GEL® System has been used in hand, wrist, shoulder, foot and ankle, and sports medicine procedures. Early adoption has come from surgeons looking for a straightforward way to manage and protect healing tissue without adding time or complexity to the case.

“B3 GEL® adheres where it’s applied, conforms to the native anatomy, and forms a protective barrier through the healing window,” said Greg Banker, Partner at Vensana Capital. “TYBR has shown real commercial traction early and built a strong team, and we’re glad to back them in this next phase.”

“TYBR Health is addressing a gap surgeons have lived with for a long time, with a product that fits the way they already work,” said Liz Todia Zambory, Principal at Mutual Capital Partners. “We’re excited to co-lead this round and support the company’s growth.”

As part of the financing, Greg Banker of Vensana Capital and Liz Todia Zambory of Mutual Capital Partners will join the TYBR Health Board of Directors, alongside independent director Aaron Smith.

JSW Infrastructure announces Q1 FY2027 results

Casa Milano and Arredo3 Complete Four Years of Partnership

Casa Milano marks four successful years as a key supplier of Arredo3 in the GCC, featuring multiple displays across its showrooms in Dubai, Abu Dhabi and Doha.

Dubai, UAE| July 21: Casa Milano, UAE-based luxury home solutions provider proudly announces the completion of four years of partnership with Arredo3, a premier Italian manufacturer of bespoke, 100% Made-in-Italy modular kitchens and living furniture. Over the past four years, Casa Milano has established itself as a key supplier of Arredo3 in the GCC, offering the biggest Arredo3 display across its showrooms in Dubai, Abu Dhabi and Doha. The displays allow homeowners, designers, architects, consultants, developers and contractors to experience Arredo3’s latest collections, finishes, materials and design possibilities in person.

The partnership has strengthened Casa Milano’s position across both retail and project segments, supported by its dedicated in-house teams that deliver a seamless end-to-end service. From design consultation and space planning to technical drawings, customization, professional installation, and after-sales support, Casa Milano ensures every Arredo3 kitchen and living space solution is tailored to meet the client’s unique lifestyle, aesthetic preferences, and project requirements.

Arredo3 is globally recognised for its versatile range of modular kitchen and living solutions that combine timeless Italian aesthetics with practical functionality. Beyond kitchens, the brand offers integrated living systems including wall units, storage solutions, shelving concepts, and coordinated furniture elements designed to create cohesive and sophisticated open-plan spaces. Its collections offer extensive customization options, from contemporary and minimalist concepts to more refined and elegant layouts, with a wide selection of finishes, materials, storage systems, and accessories. The brand’s focus on innovation, sustainability, and ergonomic design has made it a preferred choice for both residential and commercial spaces.

“Completing four years of partnership with Arredo3 is an important milestone for Casa Milano,” said Mohammed Azhar Sajan, Founder, Casa Milano. “Casa Milano has become a key supplier of Arredo3 in the GCC, supported by the multiple Arredo3 displays across our showrooms in Dubai, Abu Dhabi and Doha. Arredo3 represents the quality, flexibility and Italian design excellence that our customers expect from a premium kitchen brand. Our vision is to make Casa Milano the first name people think of when they search for Arredo3 in the Middle East, and we are proud to bring the full Arredo3 experience closer to homeowners and the design community across the region.”

Arredo3 has become a well-recognised name among designers, architects, consultants, developers and contractors, offering kitchen solutions that combine Italian aesthetics with practical functionality. Its wide variety of collections gives clients the flexibility to create kitchens suited to different lifestyles, spaces and project needs.

As demand for premium kitchen solutions and living spaces continues to grow across the GCC, Casa Milano and Arredo3 remain committed to delivering design-led, high-quality and functional kitchen spaces for both individual homeowners and large-scale developments.

India, North Macedonia Move to Deepen Economic Partnership

New Delhi, July 21: India and North Macedonia have agreed to strengthen economic cooperation and explore new opportunities to expand bilateral trade and investment ties.

Pic Credit:  https://x.com/rashtrapatibhvn

The discussions focused on enhancing collaboration across key sectors, promoting business partnerships, and creating a more favourable environment for economic engagement between the two countries.

Both sides emphasised the importance of expanding cooperation in areas of mutual interest, including trade, investment, technology, and industry, with the aim of building stronger economic relations.

Officials highlighted the potential for greater interaction between businesses and institutions of both nations, which could contribute to increased commercial exchanges and shared growth opportunities.

The agreement reflects the commitment of India and North Macedonia to further strengthen their bilateral partnership through enhanced economic cooperation and closer engagement.

The two countries are expected to continue working towards identifying new areas of collaboration and creating avenues for sustainable economic development.

IKEA finds a new home in Saket with the opening of its second Delhi city store

New Delhi, 21 July: IKEA India has announced the opening of its second city store in Delhi at DLF Avenue, Saket, slated for 30 July 2026. Building on the strong response to its e-commerce launch and first store in West Delhi, IKEA is taking another step towards bringing well-designed, good-quality, affordable and sustainable home furnishings closer to more customers.

Spread across 30,000 sq. ft. (2,800 sq. mt.); the city store offers a convenient shopping experience for customers across South and Central Delhi and neighboring areas. Customers can explore nearly 3,000 products, with around 1,400 available for immediate takeaway, while the complete IKEA range of more than 6,900 products can be ordered through the IKEA website, app and Shop by Phone service. 

Patrik Antoni, CEO, IKEA India says, “Saket and DLF Avenue feel like a natural new home for IKEA in Delhi. With our second city store in the capital, we are making it easier for more customers to explore our range, find inspiration and access home furnishing solutions that suit their lifestyles and budgets. To create an experience that is truly relevant, our teams visited several homes across South Delhi to better understand people’s everyday challenges, dreams and aspirations. This opening marks another important step in our journey to come closer to our customers and create a better everyday life for the many people.”

The new store builds on the learnings IKEA has gathered since entering Delhi NCR and the growing community of over 300,000 IKEA Family members in the region. Reflecting the diverse ways people live across South Delhi- from multigenerational homes to compact urban apartments- the store is designed to inspire with room settings and home furnishing solutions that make everyday life at home easier. Customers can also benefit from planning and home furnishing services, delivery, assembly and installation support, before taking a break at the IKEA Café with Swedish favourites and local treats.

South Delhi is home to some of the city’s most established neighbourhoods, where homes are deeply personal expressions of the people who live in them. From independent houses and builder floors to contemporary apartments, people invest in their homes thoughtfully, often refreshing them over time rather than waiting for a complete makeover. There is a growing appreciation for timeless design, natural materials and pieces that combine aesthetics with everyday functionality. As life at home evolves, even larger homes need to do more, with spare bedrooms becoming home offices or guest rooms, quiet corners turning into reading or hobby spaces, and balconies and terraces becoming extensions of the home. Hosting also remains an important part of everyday living, creating a growing need for furniture and storage that adapt effortlessly to changing needs without compromising on style.

These local insights have shaped the IKEA city store in Saket. Designed around the way people live today, it offers inspiring room settings and smart, affordable home furnishing solutions that help customers create homes that are beautiful, functional and flexible- spaces that evolve with everyday life while reflecting their own unique style.

Ms. Pushpa Bector, Group Executive Director, DLF Retail and Whole-time Director, DCCDL, shares, “DLF Avenue is continuously evolving to create a destination that reflects the changing lifestyles and aspirations of our consumers. The arrival of IKEA marks a significant milestone in our repositioning journey, reinforcing our vision of bringing globally recognised brands and differentiated experiences together under one roof. We remain committed to creating a vibrant destination where shopping seamlessly integrates with dining, entertainment and everyday lifestyle experiences.”

IKEA entered Delhi NCR through e-commerce in 2025 and has steadily expanded its presence in the region. Today, customers can shop through its digital channels, visit two city stores in Delhi, and benefit from a Central Distribution Centre in Gurugram. With full-size stores under development in Gurugram and Noida as a part of Inga Centres, IKEA continues its long-term investment in becoming more accessible to the many people across Delhi NCR.

About IKEA India: IKEA India is one of the prioritised markets for future growth for Ingka Group, the parent company of IKEA. IKEA India aims to reach many more people in the country through a strong omnichannel presence and a deep understanding of life at home, offering over 6400+ thoughtfully made, good quality, affordable, and sustainable products. IKEA is currently

India’s Growth Story Continues to Inspire Investor Confidence

New Delhi, July 21: Investors continue to remain optimistic about India’s economic growth prospects, supported by strong policy measures, structural reforms, and a favourable business environment, according to a report.

The report highlighted that India’s growth narrative remains attractive for investors, with confidence driven by policy stability, improving economic fundamentals, and ongoing reforms aimed at strengthening various sectors.

Market participants believe that continued focus on infrastructure development, digital transformation, manufacturing growth, and investment-friendly policies will support India’s long-term economic expansion.

The positive sentiment among investors reflects growing confidence in the country’s ability to sustain growth while creating new opportunities across industries.

Experts noted that policy consistency, a large domestic market, and rising investment potential continue to position India as a preferred destination for global and domestic investors.

The report underlined that maintaining reform momentum and strengthening the business ecosystem will remain key factors in supporting India’s growth trajectory in the coming years.

Textile Sector Gains Momentum as PLI Scheme Attracts INR 8,118 Crore Investment

New Delhi, July 21: India’s textile sector has received a major boost with the Production Linked Incentive (PLI) Scheme attracting investments of ₹8,118 crore and generating over 33,400 employment opportunities, the Centre said.

The scheme has played a key role in encouraging investments in high-value textile segments, including man-made fibre (MMF) textiles and technical textiles, while supporting the expansion of domestic manufacturing capacity.

The government stated that the initiative is aimed at enhancing the competitiveness of Indian textile companies, promoting innovation, and creating a strong ecosystem for sustainable growth in the sector.

Through the PLI scheme, eligible companies are being encouraged to scale up production, adopt advanced technologies, and strengthen their presence in both domestic and international markets.

The growth in investment and employment highlights the positive impact of targeted policy measures on the textile industry, which remains one of India’s largest employment-generating sectors.

The Centre said continued efforts will focus on boosting manufacturing, increasing exports, and strengthening India’s position as a global textile and apparel hub.