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Commerce & Industry   -   Oct 18, 2024 Automotive Sector Sees $1.9 Billion Investments in Q3
Automotive Sector Sees $1.9 Billion Investments in Q3

According 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

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Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

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Economy   -   Oct 16, 2024 India-Russia Relations: A Long-Standing Partnership
India-Russia Relations: A Long-Standing Partnership

India and Russia’s long-standing partnership is marked by deepening energy, trade, and defence ties. Bilateral trade surged to $65.7 billion, with growing collaboration in emerging sectors like renewable energy and advanced technology.

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Oct 14, 2024 India’s Aviation Growth Story
India’s Aviation Growth Story

India’s aviation market is expanding, with growth in fleet size, and MRO capabilities. However, high fuel taxes and the need for greater investment in local MRO facilities pose ongoing challenges.

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Oct 11, 2024 India-ASEAN Relations Under PM Modi's Third Term
India-ASEAN Relations Under PM Modi's Third Term

Summary of major developments, initiatives, and partnerships as outward looking India continues to strengthen its ties with ASEAN nations during Prime Minister Narendra Modi's third term.

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Oct 09, 2024 Shipping ministry sets cargo space rules for international lines
Shipping ministry sets cargo space rules for international lines

The Shipping Ministry is finalising regulations requiring international container lines operating in Indian waters to reserve at least 5% of their cargo space for domestic operators. Additionally, vessel-sharing agreements among container lines must also ensure a 5% reservation for domestic cargo movement. These new rules aim to strengthen business for

by Publisher
Oct 09, 2024 India and UAE in talks to raise investment commitment to $100 billion
India and UAE in talks to raise investment commitment to $100 billion

India is in talks with UAE, the fourth largest foreign investor in 2023 with $3.5 billion in Foreign Direct Investment (FDI), to increase its pledged $75 billion investment to $100 billion, Commerce and Industry Minister Piyush Goyal announced on Monday. Mr. Goyal also revealed the UAE's decision

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News   -   Oct 09, 2024 $120 million venture fund for space startups
$120 million venture fund for space startups

Dr Jitendra Singh, Minister of State (Independent Charge) for Science and Technology and Earth Sciences, announced that ₹1,000 crore (approximately $120 million) has been allocated for a venture fund aimed at supporting space startups in India.

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Automotive Sector Sees $1.9 Billion Investments in Q3
Commerce & Industry   -   Oct 18, 2024 Automotive Sector Sees $1.9 Billion Investments in Q3

According 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 Publisher
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Commerce & Industry   -   Oct 18, 2024 Automotive Sector Sees $1.9 Billion Investments in Q3
Automotive Sector Sees $1.9 Billion Investments in Q3

According 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 Publisher
Commerce & Industry   -   Oct 18, 2024 Noel Tata Elected Chairman of Tata Trusts
Noel Tata Elected Chairman of Tata Trusts

Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected chairman of Tata Trusts after the passing of the industrialist on 9 October at the age of 86. Already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, Noel Tata will now

by Publisher
Economy   -   Oct 16, 2024 India-Russia Relations: A Long-Standing Partnership
India-Russia Relations: A Long-Standing Partnership

India and Russia’s long-standing partnership is marked by deepening energy, trade, and defence ties. Bilateral trade surged to $65.7 billion, with growing collaboration in emerging sectors like renewable energy and advanced technology.

by Publisher
Oct 14, 2024 India’s Aviation Growth Story
India’s Aviation Growth Story

India’s aviation market is expanding, with growth in fleet size, and MRO capabilities. However, high fuel taxes and the need for greater investment in local MRO facilities pose ongoing challenges.

by Publisher
Oct 11, 2024 India-ASEAN Relations Under PM Modi's Third Term
India-ASEAN Relations Under PM Modi's Third Term

Summary of major developments, initiatives, and partnerships as outward looking India continues to strengthen its ties with ASEAN nations during Prime Minister Narendra Modi's third term.

by Publisher
Oct 09, 2024 Shipping ministry sets cargo space rules for international lines
Shipping ministry sets cargo space rules for international lines

The Shipping Ministry is finalising regulations requiring international container lines operating in Indian waters to reserve at least 5% of their cargo space for domestic operators. Additionally, vessel-sharing agreements among container lines must also ensure a 5% reservation for domestic cargo movement. These new rules aim to strengthen business for

by Publisher
Oct 09, 2024 India and UAE in talks to raise investment commitment to $100 billion
India and UAE in talks to raise investment commitment to $100 billion

India is in talks with UAE, the fourth largest foreign investor in 2023 with $3.5 billion in Foreign Direct Investment (FDI), to increase its pledged $75 billion investment to $100 billion, Commerce and Industry Minister Piyush Goyal announced on Monday. Mr. Goyal also revealed the UAE's decision

by Publisher
News   -   Oct 09, 2024 $120 million venture fund for space startups
$120 million venture fund for space startups

Dr Jitendra Singh, Minister of State (Independent Charge) for Science and Technology and Earth Sciences, announced that ₹1,000 crore (approximately $120 million) has been allocated for a venture fund aimed at supporting space startups in India.

by Publisher
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Economy   -   May 30, 2025 GDP Growth Surprises on the Upside
GDP Growth Surprises on the Upside

India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. Gross domestic product of the fourth quarter of the government’s fiscal year 2025 came in sharply higher than the 6.7% growth forecast by economists in

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Economy   -   May 29, 2025 Indian GDP Surpasses Japan
Indian GDP Surpasses Japan

India, which was ranked tenth in the world in 2014, continues to be the fastest-growing major economy. B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary

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News   -   May 23, 2025 STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE
STARLINK WILL MAKE INDIA AS VULNERABLE AS UKRAINE

If PM Modi licenses SpaceX’s Starlink satellite internet service, India will be risking national sovereignty and security in handing over the keys to its skies to Elon Musk.

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Commerce & Industry   -   Jan 31, 2025 Modi Says India is Becoming a Major Maritime Power
Modi Says India is Becoming a Major Maritime Power

Prime Minister Narendra Modi on Wednesday said India is becoming a major maritime power and is being recognised as a reliable and responsible partner in the world. Speaking after the commissioning of three naval warships here, Modi said India has always supported an open, secure, inclusive and prosperous Indo-Pacific region.

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Jan 15, 2025 Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX
Pixxel Sends Three Hyperspectral Satellites into Orbit with SpaceX

Bengaluru-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

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Jan 15, 2025 GOP Lawmaker Warns Adani Case Could Harm US-India Relations
GOP Lawmaker Warns Adani Case Could Harm US-India Relations

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.

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News   -   Jan 15, 2025 Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal
Delhi Excise Case: Home Ministry Approves Prosecution of Kejriwal

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

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News   -   Jan 15, 2025 Armed Forces' Welfare a Govt Priority, says PM Modi
Armed Forces' Welfare a Govt Priority, says PM Modi

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

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