Economy
Economy
In October 2024, foreign institutional investors (FIIs) sold banks and other financial equities worth roughly ₹26,139 crore ($3.15 billion), withdrawing ₹1,13,859 crore ($13.72 billion) from India's secondary market. According to the National Securities Depository Limited (NSDL) statistics, oil and gas stocks valued at
by Daanish NarayanRussian President Vladimir Putin, addressing the Valdai Discussion Club in Sochi, described India as a natural ally and a "great nation," highlighting its annual GDP growth rate of 7.4 per cent. He credited the Soviet Union's support during India's independence for fostering a
by Amal AnzariExternal Affairs Minister S. Jaishankar met Deputy Prime Minister Gan Kim Yong to discuss advancing the India-Singapore partnership, with a focus on industrial parks, innovation, and semiconductor development. Jaishankar shared on X that they explored “contemporary partnerships” spanning green energy, skilling, and tech-driven areas. This visit follows the recent defence
by Amal AnzariExternal Affairs Minister S. Jaishankar highlighted the potential of India and the Association of Southeast Asian Nations (ASEAN) to address critical issues like food and health security and regional stability, notably in Myanmar, during the Eighth Roundtable of ASEAN-India Network of Think-Tanks. With over a quarter of the world’s
by Amal AnzariBrushing aside the discussions around the slowing of the Indian economy, the Reserve Bank of India (RBI) governor Shaktikanta Das said that the economic activity in India remains strong, with the agriculture and services sectors doing well.
by Daanish NarayanPrime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez inaugurated Tata's new C-295 aircraft manufacturing complex in Vadodara, Gujarat, on 28 October. The Tata Advanced Systems Limited (TASL) facility is India’s first private sector Final Assembly Line for military aircraft, as part of a Rs 21,
by Amal AnzariIndia recorded zero imports from Pakistan in the first five months of the current financial year, while exporting $235 million worth of goods, mainly sugar and pharmaceuticals, as per government data. Last year, India imported $3 million in agricultural commodities from Pakistan. Bilateral trade has declined since 2018-19, following India&
by Amal AnzariSwiss companies like engineering firm ABB and logistics group Kuehne+Nagel are stepping up investments in India, driven by rapid growth and a $100 billion trade and economic partnership agreement (TEPA) with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland, and Liechtenstein. TEPA, set to cut tariffs
by Amal AnzariIn October 2024, foreign institutional investors (FIIs) sold banks and other financial equities worth roughly ₹26,139 crore ($3.15 billion), withdrawing ₹1,13,859 crore ($13.72 billion) from India's secondary market. According to the National Securities Depository Limited (NSDL) statistics, oil and gas stocks valued at
by Daanish NarayanIn October 2024, foreign institutional investors (FIIs) sold banks and other financial equities worth roughly ₹26,139 crore ($3.15 billion), withdrawing ₹1,13,859 crore ($13.72 billion) from India's secondary market. According to the National Securities Depository Limited (NSDL) statistics, oil and gas stocks valued at
by Daanish NarayanRussian President Vladimir Putin, addressing the Valdai Discussion Club in Sochi, described India as a natural ally and a "great nation," highlighting its annual GDP growth rate of 7.4 per cent. He credited the Soviet Union's support during India's independence for fostering a
by Amal AnzariExternal Affairs Minister S. Jaishankar met Deputy Prime Minister Gan Kim Yong to discuss advancing the India-Singapore partnership, with a focus on industrial parks, innovation, and semiconductor development. Jaishankar shared on X that they explored “contemporary partnerships” spanning green energy, skilling, and tech-driven areas. This visit follows the recent defence
by Amal AnzariExternal Affairs Minister S. Jaishankar highlighted the potential of India and the Association of Southeast Asian Nations (ASEAN) to address critical issues like food and health security and regional stability, notably in Myanmar, during the Eighth Roundtable of ASEAN-India Network of Think-Tanks. With over a quarter of the world’s
by Amal AnzariBrushing aside the discussions around the slowing of the Indian economy, the Reserve Bank of India (RBI) governor Shaktikanta Das said that the economic activity in India remains strong, with the agriculture and services sectors doing well.
by Daanish NarayanPrime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez inaugurated Tata's new C-295 aircraft manufacturing complex in Vadodara, Gujarat, on 28 October. The Tata Advanced Systems Limited (TASL) facility is India’s first private sector Final Assembly Line for military aircraft, as part of a Rs 21,
by Amal AnzariIndia recorded zero imports from Pakistan in the first five months of the current financial year, while exporting $235 million worth of goods, mainly sugar and pharmaceuticals, as per government data. Last year, India imported $3 million in agricultural commodities from Pakistan. Bilateral trade has declined since 2018-19, following India&
by Amal AnzariSwiss companies like engineering firm ABB and logistics group Kuehne+Nagel are stepping up investments in India, driven by rapid growth and a $100 billion trade and economic partnership agreement (TEPA) with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland, and Liechtenstein. TEPA, set to cut tariffs
by Amal AnzariHighlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.
by Daanish NarayanIn line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on
by Amal AnzariIndia's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,
by Amal AnzariReserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation
by Amal AnzariHighlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.
by Daanish NarayanThe United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with
by Amal AnzariSweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open
by Amal AnzariVoting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the
by Amal AnzariHighlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.
In line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on
India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,
Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation
Highlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.
The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with
Sweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open
Voting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the