Economy
Economy
India has exported military equipment to more than 100 countries in the past financial year, with the United States, France, and Armenia emerging as the top customers, according to official sources. The U.S. imports include aircraft and helicopter components for defence companies such as Lockheed Martin and Boeing, while
by Amal AnzariA high-level delegation from Rhineland, Germany, led by Minister for Economic Affairs Daniela Schmitt, met Telangana’s Industries and IT Minister Sridhar Babu to discuss investment and partnership opportunities across sectors. The talks focused on chemicals, pharmaceuticals, biotechnology, vaccines, packaging, poultry, agriculture, automobiles, and logistics. Minister Babu highlighted Telangana’s
by Amal AnzariCommerce and Industry Minister Piyush Goyal highlighted the need to understand and respect mutual sensitivities to expedite India-European Union free trade agreement (FTA) negotiations, warning that no deal would be possible if the EU insists on opening up the dairy sector. Speaking at the Asia-Pacific Conference of German Business, Goyal
by Amal AnzariThe India-Sri Lanka Free Trade Agreement, launched in 2000, aims to expand into a Comprehensive Economic Partnership, while SAFTA and India-Bhutan trade agreements bolster regional commerce.
by Amal AnzariIndia and Turkey announced the constitution for the Indo-Turkiye Friendship Association (ITFA) to foster cooperation in economy & trade, culture & tourism, science & technology, and education between the two countries.
by Amal AnzariThe government announced its plan to sell up to a 5% stake in Cochin Shipyard through an Offer for Sale (OFS) aimed at raising approximately $244 million (Rs 2,026 crore). The sale will begin on Wednesday for non-retail investors and will open to retail investors on Thursday, with a
by Amal AnzariIndia and the UAE held the second Meeting of the Joint Committee (JC) under the Comprehensive Economic Partnership Agreement (CEPA). Both sides noted significant growth in bilateral trade during the first two years of CEPA implementation. They expressed confidence in achieving the target of $100 million in non-oil trade ahead
by Amal AnzariAccording to a report by Grant Thorton, investments in the Indian automotive industry surged in Q3 of CY 24 amounting to $1.9 billion in valuation, driven by mergers and acquisitions, private equity, initial public offerings, and qualified institutional placements. The report also suggests a 30% growth in deal values
by Amal AnzariIndia has exported military equipment to more than 100 countries in the past financial year, with the United States, France, and Armenia emerging as the top customers, according to official sources. The U.S. imports include aircraft and helicopter components for defence companies such as Lockheed Martin and Boeing, while
by Amal AnzariIndia has exported military equipment to more than 100 countries in the past financial year, with the United States, France, and Armenia emerging as the top customers, according to official sources. The U.S. imports include aircraft and helicopter components for defence companies such as Lockheed Martin and Boeing, while
by Amal AnzariA high-level delegation from Rhineland, Germany, led by Minister for Economic Affairs Daniela Schmitt, met Telangana’s Industries and IT Minister Sridhar Babu to discuss investment and partnership opportunities across sectors. The talks focused on chemicals, pharmaceuticals, biotechnology, vaccines, packaging, poultry, agriculture, automobiles, and logistics. Minister Babu highlighted Telangana’s
by Amal AnzariCommerce and Industry Minister Piyush Goyal highlighted the need to understand and respect mutual sensitivities to expedite India-European Union free trade agreement (FTA) negotiations, warning that no deal would be possible if the EU insists on opening up the dairy sector. Speaking at the Asia-Pacific Conference of German Business, Goyal
by Amal AnzariThe India-Sri Lanka Free Trade Agreement, launched in 2000, aims to expand into a Comprehensive Economic Partnership, while SAFTA and India-Bhutan trade agreements bolster regional commerce.
by Amal AnzariIndia and Turkey announced the constitution for the Indo-Turkiye Friendship Association (ITFA) to foster cooperation in economy & trade, culture & tourism, science & technology, and education between the two countries.
by Amal AnzariThe government announced its plan to sell up to a 5% stake in Cochin Shipyard through an Offer for Sale (OFS) aimed at raising approximately $244 million (Rs 2,026 crore). The sale will begin on Wednesday for non-retail investors and will open to retail investors on Thursday, with a
by Amal AnzariIndia and the UAE held the second Meeting of the Joint Committee (JC) under the Comprehensive Economic Partnership Agreement (CEPA). Both sides noted significant growth in bilateral trade during the first two years of CEPA implementation. They expressed confidence in achieving the target of $100 million in non-oil trade ahead
by Amal AnzariAccording to a report by Grant Thorton, investments in the Indian automotive industry surged in Q3 of CY 24 amounting to $1.9 billion in valuation, driven by mergers and acquisitions, private equity, initial public offerings, and qualified institutional placements. The report also suggests a 30% growth in deal values
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