Economy
Economy
A 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 AnzariFinance Minister Nirmala Sitharaman criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM) and deforestation rules as “unilateral” and harmful to countries like India, potentially hindering economic growth and green energy transition. Sitharaman assured that these concerns won’t derail the Free Trade Agreement (FTA) talks.
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 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 AnzariFinance Minister Nirmala Sitharaman criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM) and deforestation rules as “unilateral” and harmful to countries like India, potentially hindering economic growth and green energy transition. Sitharaman assured that these concerns won’t derail the Free Trade Agreement (FTA) talks.
by Amal AnzariBengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
by PTIA Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
by PTIThe Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
by PTIPrime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
by PTIOdisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the
by PTIPresident of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as
by PTIExternal Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official
by PTIA thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was
by PublisherBengaluru-based startup Pixxel announced the launch of three of the world's highest-resolution commercial hyperspectral satellites from the Vandenberg Space Force Base in California on Wednesday. The Firefly constellation satellites were integrated via Exolaunch and launched aboard the Transporter-12 rideshare mission with SpaceX. The launch took place around 1
A Republican lawmaker has asked the US Department of Justice to preserve all records in connection with the "selective prosecution" of billionaire industrialist Gautam Adani and his group of companies by the Biden administration. The demand comes less than a week before the Donald Trump administration takes office.
The Union Home Ministry has granted sanction to the Enforcement Directorate to prosecute former Delhi chief minister and AAP national convenor Arvind Kejriwal in the excise policy linked money laundering case, officials said. The federal agency has filed a chargesheet against the 56-year-old politician before a special Prevention of Money
Prime Minister Narendra Modi on Wednesday lauded the Indian Army for its determination, professionalism and dedication, and underlined his government's commitment to the welfare of armed forces and their families. In posts on X on Army Day, he said, "Today, on Army Day, we salute the unwavering
Odisha Chief Minister Mohan Charan Majhi on Tuesday said he is hopeful that the MoU for establishment of a "mega" steel plant in mineral-rich Keonjhar district would be signed during a business conclave in the state on January 28-29. Majhi said he is focusing on signing of the
President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as
External Affairs Minister S Jaishankar on Tuesday called on Spanish President Pedro Sanchez and reiterated the "long-standing" India-Spain partnership, updating him on the progress in bilateral cooperation. Separately, he also called on the King of Spain Felipe VI. Jaishankar arrived in Spain on Monday for a two-day official
A thick layer of very dense fog covered New Delhi on Wednesday morning. The national capital's air quality fell into the "very poor" range. The Central Pollution Control Board reports that at 7 a.m. today, the AQI was measured at 344 in Delhi. It was