Amal Anzari

Highlights include PM Modi's meeting with Maldives President which led to a $400 million currency swap and the launch of the RuPay card, while Haryana recorded a 68% voter turnout in the recent Assembly elections. Meanwhile, the RBI has re-appointed Deputy Governor M. Rajeshwar Rao.

Highlights include Modi inaugurating Mumbai's Aqua Line Metro and noting India's leadership in FinTech and startups. India strengthens ties with the US through a critical minerals MoU while supporting Sri Lanka’s economic recovery during Jaishankar’s visit.

India has overtaken Japan to become the third-largest power in the 2024 Asia Power Index, driven by its economic growth, population, and global influence. According to India's Ministry of Information and Broadcasting, India’s Economic Capability rose by 4.2 points post-pandemic, with its growing workforce and economy

India and the US have agreed to set up a semiconductor fabrication plant to make chips that will be used in national security, next-generation telecommunications and green energy applications. The project will be enabled by support from Bharat Semi, 3rdiTech and the US Space Force. The fab titled “Shakti” (Power)

The United States and India have unveiled a roadmap to strengthen global clean energy supply chains, with a focus on creating high-quality jobs and accelerating global clean energy deployment. The partnership aims to unlock $1 billion in financing through the International Bank for Reconstruction and Development (IBRD) to support India’

Minister for Road Transport and Highways Nitin Gadkari announced plans to slash fossil fuel imports from ₹22 trillion to ₹4 trillion using hydrogen. At an event in Delhi, he discussed the hydrogen-powered Mirai car and the aim to produce hydrogen for $1 per kilogram, positioning India as an energy exporter.

In line with the Union Budget 2024-25, the Ministry of Finance has introduced the Foreign Exchange (Compounding Proceedings) Rules, 2024, replacing the previous 2000 rules. The updated regulations aim to simplify foreign investments by streamlining the compounding process, enabling faster application processing, and offering digital payment options. This revision aligns

Minister of Commerce & Industry, Piyush Goyal, expressed confidence that India's auto component sector will achieve a $100 billion export target by 2030, making it a major job creator. As India advances towards becoming the third-largest global economy, Goyal urged the auto industry to strive for global leadership,