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News   -   Nov 08, 2024 Foreign Capital Retreat Hits Finance and Energy Markets
Foreign Capital Retreat Hits Finance and Energy Markets

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 Narayan
News   -   Nov 08, 2024 Putin Calls India a Natural Ally and Global Superpower Contender
Putin Calls India a Natural Ally and Global Superpower Contender

Russian 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 Anzari
News   -   Nov 08, 2024 Jaishankar Explores Deeper India-Singapore Partnership
Jaishankar Explores Deeper India-Singapore Partnership

External 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 Anzari
News   -   Nov 08, 2024 India-ASEAN Ties Crucial for Tackling Regional Challenges, Says Jaishankar
India-ASEAN Ties Crucial for Tackling Regional Challenges, Says Jaishankar

External 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 Anzari
News   -   Nov 06, 2024 RBI Governor Says Indian Economy Doing Well
RBI Governor Says Indian Economy Doing Well

Brushing 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 Narayan
News   -   Oct 28, 2024 Modi and Sanchez Unveil Tata’s New Military Aircraft Facility in Gujarat
Modi and Sanchez Unveil Tata’s New Military Aircraft Facility in Gujarat

Prime 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 Anzari
News   -   Oct 28, 2024 India's Imports from Pakistan Drop to Zero Amid Diplomatic Tensions
India's Imports from Pakistan Drop to Zero Amid Diplomatic Tensions

India 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 Anzari
News   -   Oct 28, 2024 Swiss Companies Increase India Investments as Trade Deal Nears Approval
Swiss Companies Increase India Investments as Trade Deal Nears Approval

Swiss 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 Anzari
Foreign Capital Retreat Hits Finance and Energy Markets
News   -   Nov 08, 2024 Foreign Capital Retreat Hits Finance and Energy Markets

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 Narayan
Economy Articles 41 Articles
News   -   Nov 08, 2024 Foreign Capital Retreat Hits Finance and Energy Markets
Foreign Capital Retreat Hits Finance and Energy Markets

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 Narayan
News   -   Nov 08, 2024 Putin Calls India a Natural Ally and Global Superpower Contender
Putin Calls India a Natural Ally and Global Superpower Contender

Russian 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 Anzari
News   -   Nov 08, 2024 Jaishankar Explores Deeper India-Singapore Partnership
Jaishankar Explores Deeper India-Singapore Partnership

External 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 Anzari
News   -   Nov 08, 2024 India-ASEAN Ties Crucial for Tackling Regional Challenges, Says Jaishankar
India-ASEAN Ties Crucial for Tackling Regional Challenges, Says Jaishankar

External 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 Anzari
News   -   Nov 06, 2024 RBI Governor Says Indian Economy Doing Well
RBI Governor Says Indian Economy Doing Well

Brushing 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 Narayan
News   -   Oct 28, 2024 Modi and Sanchez Unveil Tata’s New Military Aircraft Facility in Gujarat
Modi and Sanchez Unveil Tata’s New Military Aircraft Facility in Gujarat

Prime 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 Anzari
News   -   Oct 28, 2024 India's Imports from Pakistan Drop to Zero Amid Diplomatic Tensions
India's Imports from Pakistan Drop to Zero Amid Diplomatic Tensions

India 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 Anzari
News   -   Oct 28, 2024 Swiss Companies Increase India Investments as Trade Deal Nears Approval
Swiss Companies Increase India Investments as Trade Deal Nears Approval

Swiss 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 Anzari
Latest Articles 8 Articles
Morning Briefing   -   Nov 15, 2024 Commerce Minister Calls for Repo Rate Cut
Commerce Minister Calls for Repo Rate Cut

Highlights 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 Narayan
News   -   Nov 14, 2024 Seaplanes to Connect Remote India: Aviation Minister Eyes North East
Seaplanes to Connect Remote India: Aviation Minister Eyes North East

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

by Amal Anzari
News   -   Nov 14, 2024 India’s October Exports Surge by 17%
India’s October Exports Surge by 17%

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,

by Amal Anzari
News   -   Nov 14, 2024 RBI Governor Affirms Resilient Indian Economy Amid Global Challenges
RBI Governor Affirms Resilient Indian Economy Amid Global Challenges

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

by Amal Anzari
Morning Briefing   -   Nov 14, 2024 First Phase of Voting Completed in State Elections
First Phase of Voting Completed in State Elections

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.

by Daanish Narayan
News   -   Nov 13, 2024 US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow
US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow

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

by Amal Anzari
News   -   Nov 13, 2024 Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures
Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures

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

by Amal Anzari
News   -   Nov 13, 2024 By-Elections Witness High Voter Turnout Across Multiple States
By-Elections Witness High Voter Turnout Across Multiple States

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

by Amal Anzari
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