Amal Anzari
JSW Defence Pvt. Ltd. and US-based Shield AI Inc have announced a partnership to manufacture the V-BAT, a Group 3 Unmanned Aerial System (UAS), locally in India. With a commitment of $90 million over two years, JSW Group will establish a manufacturing facility and compliance program, investing $65 million in
by Amal AnzariThe World Bank and Asian Development Bank (ADB) have agreed to provide a loan of $1.6 billion for the development of Amaravati, Andhra Pradesh's planned capital. After two days of discussions in New Delhi with the Ministry of Finance and the Andhra Pradesh Capital Region Development Authority
by Amal AnzariPrime Minister Narendra Modi will visit Nigeria, Brazil, and Guyana starting November 16, marking significant diplomatic engagements across these regions, the Ministry of External Affairs (MEA) announced. At the invitation of President Bola Ahmed Tinubu, PM Modi will visit Nigeria on November 16-17, the first Indian prime ministerial visit in
by Amal AnzariPower Minister Manohar Lal urged states to consider developing nuclear power plants at sites where coal-based plants have completed their lifecycle. Speaking to state representatives, he suggested investing in nuclear energy to meet rising demand, especially in states far from coal resources. The minister also recommended listing state power utilities
by Amal AnzariIndia has secured sixth place globally in patent filings with 64,480 applications, as per the World Intellectual Property Indicators 2024 report. The patent office granted 149.4% more patents in 2023 compared to 2022. Industrial design applications rose by 36.4%, driven by sectors like textiles and accessories, tools
by Amal AnzariIndia's solar photovoltaic (PV) product exports have surged to $2 billion, growing 23 times between 2022 and 2024, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The United States accounted for over 97% of these exports during
by Amal AnzariIndia’s External Affairs Minister, S. Jaishankar, expressed confidence that the India-Russia trade target of $100 billion will be reached before 2030, during the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation in New Delhi. He noted Russia’s role as a major supplier of fertilizers, crude
by Amal AnzariFinance Minister Nirmala Sitharaman will meet with State Finance Ministers on December 21-22 for pre-budget consultations and the Goods and Services Tax (GST) Council meeting. The Council is expected to discuss the proposed exemption or reduced GST rates on health and life insurance, following recent recommendations to exempt premiums on
by Amal Anzari