Upon returning from his meeting with India’s Minister of Commerce and Industry, Piyush Goyal, UK Secretary of State for Business and Trade Peter Kyle was warmly welcomed by the UK-India Business Council (UKIBC) on Wednesday. The council also urged for the expedited implementation of the India-UK Free Trade Agreement (FTA). The swift implementation of the […]
During their meeting on Tuesday, Prime Minister Narendra Modi expressed his delight at Rabi Lamichhane’s desire to work closely with India to promote a shared and successful future for both countries. Rabi Lamichhane is the head of Nepal’s ruling Rastriya Swatantra Party (RSP). The prime minister expressed his pleasure at meeting Mr. Rabi Lamichhane, chairman […]
Reinforcing its growing presence in the global commercial shipbuilding market, Garden Reach Shipbuilders and Engineers (GRSE) Ltd laid the keel of the fourth vessel under the Multi-Purpose Vessel (MPV) project for Germany’s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG on Saturday, 30 May, 26. This milestone reflects steady progress in the execution of […]
A ₹4,415.60 crore project to improve and widen significant parts of National Highway 347B in Madhya Pradesh has been authorised by the Cabinet Committee on Economic Affairs (CCEA), which is chaired by Prime Minister Narendra Modi. This would strengthen the road connectivity and logistics infrastructure across central India. A 125.01-kilometer section of highway between Hiwarkhedi […]
To assist scheduled Indian airlines in stabilising Aviation Turbine Fuel (ATF) costs in the face of persistent volatility in global energy markets, the Union Cabinet, headed by Prime Minister Narendra Modi, has sanctioned a one-time budgetary assistance package for Oil Marketing Companies (OMCs) worth ₹10,000 crore. The goal of the assistance is to prevent airlines […]
A clean mobility project of ₹9,585 crore has been approved by the Union Cabinet, which is headed by Prime Minister Narendra Modi. The scheme’s objectives are to reduce air pollution in the Delhi-National Capital Region and speed up the replacement of vehicles. This two-year program is part of the government’s larger effort to improve air […]
A standard framework for district-level economic data across India has been established with the announcement of a universal guideline for the calculation of District Domestic Product (DDP) estimates with base year 2022-23 by The National Statistics Office (NSO). The objective of the guideline is to bring uniformity, comparability, and methodological uniformity to the process of […]
While in Surat on June 5, which happens to be World Environment Day, Prime Minister Narendra Modi will inaugurate two key sections of the Delhi-Mumbai Motorway and lay the foundation stone for multiple projects worth a total of Rs 12,421 crore. Improving road connections across South Gujarat, lowering logistics costs, speeding up freight transportation, and […]
To commemorate the end of the second year of the BJP-led administration in Odisha, President Droupadi Murmu and Prime Minister Narendra Modi are expected to attend a special event in Rairangpur, Mayurbhanj district, on June 20, according to the Chief Minister’s Office (CMO). Chief Minister Mohan Charan Majhi presided over a high-level conference at Lok […]
Despite the market’s worst 12-month relative performance compared to emerging-market peers on record, Morgan Stanley has maintained a strong multi-year forecast for Indian equities. According to a strategy note by analysts Ridham Desai and Nayant Parekh, the fundamentals of the home market are still strong, which means that investors could see significant compounding returns for […]
