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New Delhi [India], September 26 (ANI): Prime Minister Narendra Modi on Friday paid tribute to Former Prime Minister Manmohan Singh on his 93rd birth anniversary, recalling his contributions to the nation during his years in public life. Tributes to former PM Dr. Manmohan Singh Ji on his birth anniversary. We recall his contributions to our nation during his long years in public life. In a post on X, Modi wrote, Tributes to former PM Dr. Manmohan Singh Ji on his birth anniversary. We recall his ...Read More >
New Delhi: Congress Chief Mallikarjun Kharge on Friday paid homage to former Prime Minister Manmohan Singh on his 93rd birth anniversary, calling him a man of humility and wisdom who carried himself with "quiet dignity". In a post on social media X, Kharge called Singh a "gentle architect of India's economic transformation", stating that he let his actions speak louder than words, and his vision of economic reforms had not just opened doors for opportunity for the country but also created a thr ...Read More >
The Bank of England will keep its key policy rate on hold on September 18 as inflation is creeping up, but it will cut once next quarter and again early next year, according to a majority of economists in a Reuters poll. However, a growing minority of economists say the central bank is done with cutting this year. After peaking at more than 11% nearly three years ago, inflation briefly returned to the central bank's 2% target last year but has since risen to nearly double that. With cost-of-li ...Read More >
NEW DELHI: Goods exports rose 6.7% to $35.1 billion in Aug - possibly due to exporters advancing shipments to beat higher US tariffs - while imports dropped 10% to $61.6 billion, helping narrow the trade deficit."Despite global uncertainty, the trade policy uncertainty, India's exports have done extremely well. It shows that the policies have worked very well," said commerce secretary Sunil Barthwal. Aug marked the second straight month of near 7% export growth after two straight months of decli ...Read More >
CHENNAI: India's exports in goods fell sequentially but rose annually in August, while imports declined both sequentially and annually, leading to a smaller trade deficit compared to July as well as August last year. However, US exports grew by a nine-month low of 7.2 per cent against 25 per cent growth in the past seven months. Goods exports in August at $35.10 billion was lower than $37.24 billion in July and imports at $61.59 billion were lower than $64.59 during the same period. A year ago ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) As India celebrated National Engineers' Day on Monday, industry leaders praised engineers for their role in nation-building, technological innovation, and countering cyber threats. They also emphasised the increasing significance of reskilling professionals and preparing young talent in the current age of artificial intelligence and automation. Arundhati Bhattacharya, President and CEO, Salesforce South Asia said, "Engineers have always been at the heart of I ...Read More >
Bhopal: Madhya Pradesh Chief Minister Mohan Yadav felicitated engineers for their outstanding work on the occasion of Engineers' Day at a program held in Bhopal's Kushabhau Thakre International Auditorium on Monday. CM Yadav also inaugurated the Public Works Survey App and Public Project Management System and released the first edition of the departmental newsletter "Lok Nirman se Lok Kalyan" on the occasion. Additionally, the Chief Minister also announced the establishment of the Engineering ...Read More >
Bhopal (Madhya Pradesh) [India], September 15 (ANI): Madhya Pradesh Chief Minister Mohan Yadav felicitated engineers for their outstanding work on the occasion of Engineers' Day at a program held in Bhopal's Kushabhau Thakre International Auditorium on Monday. CM Yadav also inaugurated the Public Works Survey App and Public Project Management System and released the first edition of the departmental newsletter "Lok Nirman se Lok Kalyan" on the occasion. Also Read | Hyderabad Rains: Search On f ...Read More >
India is marking Engineers' Day today, 15 September 2025, to commemorate the birth anniversary of Mokshagundam Visvesvaraya. Social media platforms such as X and Instagram are filled with messages recognising the contributions of engineers and paying tribute to the Bharat Ratna awardee. Visvesvaraya, a noted engineer and statesman, is remembered for his role in shaping India's infrastructure. The day is observed every year to highlight his achievements and to recognise the role of engineers in ...Read More >
New Delhi, September 15: Prime Minister Narendra Modi on Monday paid homage to Sir Mokshagundam Visvesvaraya on his birth anniversary, observed nationwide as Engineers' Day, and lauded his extraordinary contributions that shaped India's engineering landscape. He also acknowledged the vital role of engineers in driving innovation across diverse sectors and their efforts in building a "Viksit Bharat". In a post on X, the Prime Minister wrote, "Today, on Engineers' Day, I pay homage to Sir M. Visv ...Read More >
New Delhi [India], September 15 (ANI): Prime Minister Narendra Modi on Monday extended greetings on the occasion of Engineers' Day as he remembered the contributions made by Sir Mokshagundam Visvesvaraya on his birth anniversary. PM Modi said that Visvesvaraya's brilliance left an indelible mark on India's engineering landscape. In a post on X, PM Modi said, "Today, on Engineers' Day, I pay homage to Sir M. Visvesvaraya, whose brilliance left an indelible mark on India's engineering landscape. ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) Prime Minister Narendra Modi on Monday paid homage to Sir Mokshagundam Visvesvaraya on his birth anniversary, observed nationwide as Engineers' Day, and lauded his extraordinary contributions that shaped India's engineering landscape. He also acknowledged the vital role of engineers in driving innovation across diverse sectors and their efforts in building a "Viksit Bharat". In a post on X, the Prime Minister wrote, "Today, on Engineers' Day, I pay homage to ...Read More >
Sept 12 (Reuters) - European shares slipped in choppy trading on Friday, weighed by a drop in healthcare stocks, while investors also braced for Fitch's credit rating verdict on France later in the day. After rising nearly 0.2% earlier in the day, the pan-European STOXX 600 (.STOXX), opens new tab reversed course and was last down 0.2% to 554.8 points, as of 0845 GMT. Healthcare stocks (.SXDP), opens new tab weighed the most, slipping 0.6%. Swiss pharmaceutical company Novartis (NOVN.S), opens ...Read More >
NEW DELHI: India's retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data released Friday showed. Despite the rise, it remained below the central bank's target range of 4% with a margin of two percentage points on either side of that figure. "An increase in headline inflation and food inflation during the month of August is mainly attributed to increase in inflation of vegetables, meat and fish, oil and fats, pe ...Read More >
New Delhi [India], September 8 (ANI): India and Israel have signed a new Bilateral Investment Agreement (BIA) aimed at strengthening reciprocal investments and expanding economic cooperation between the two nations, according to an official statement by Israel Ministry of Finance. At the center of the visit, Israel Minister of Finance Bezalel Smotrich and India Finance Minister Nirmala Sitharaman signed the agreement in New Delhi on Monday. The statement noted that Israel has become the first O ...Read More >
New Delhi: A new Bilateral Investment Agreement, signed by Israel's Minister of Finance Bezalel Smotrich and India's Finance Minister will facilitate reciprocal investments between investors from both countries. Israel is the first OECD member state with which India has signed this strategic agreement, in accordance with India's new model for investment treaties. A delegation of senior officials from the Ministry of Finance, led by Minister Bezalel Smotrich, is currently visiting India to promo ...Read More >
Deloitte India Partner MS Mani said : "The increase in collections is in line with the GDP growth data shared recently and would give the policy makers the confidence to move ahead with GST 2.0 reforms slated to be discussed in the GST Council Meeting this week " ICRA Chief Economist Aditi Nayar said while CGST and SGST recorded a double-digit expansion, the growth in IGST and cess collections was tepid, dampening the headline GST increase to 6.5 per cent. ...Read More >
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India's GDP. Back in his first term, Donald Trump had first called India as the "tariff king." Now, in his second stint in the White House, he has repeated that often and is now bringing the 50 per cent tariff hit for New Delhi. The order, Executive Order 14329, links the penalty to ...Read More >
New Delhi, Aug 21 (SocialNews.XYZ) Prominent US economist Jeffrey Sachs on Thursday strongly criticised President Donald Trump's decision to impose steep punitive tariffs on India, calling it one of the worst blunders in American foreign policy. In an interview on the Breaking Points show with Krystal Ball and Saagar Enjeti, Sachs said Trump's tariffs were "not a strategy, but sabotage." He warned that the move, instead of giving the US leverage, ended up pushing India closer to other emerging ...Read More >
New Delhi: India's private sector activity expanded at the fastest pace on record in August, as the headline HSBC Flash India composite purchasing managers' index (PMI) output index witnessed a significant jump over four points to 65.2 in the month. A historic surge in demand was led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a private survey showed on Thursday. As per the survey, HSBC's flash India Composite PMI, compiled by S&P Gl ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) India's economic expansion and its GDP growth are clearly on the right path despite geopolitical turbulence and tariff uncertainties, and this is showing in numbers too, economist Akash Jindal said on Thursday. Citing economic resilience and sustained fiscal consolidation, global credit ratings agency S&P Global has upgraded India's long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", ahead of the 79th Independence Day. Reacting to ...Read More >
New Delhi [India], August 14 (ANI): Foreign capital inflows into India are likely to accelerate following S&P recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB). In both the short and long term, foreign capital inflows can be expected to be impacted positively, as the upgrade reaffirms trust in India ound fundamentals and growth momentum. We are likely to see higher FPI inflows this year and a decli ...Read More >
NEW DELHI: India's wholesale price index (WPI)-based inflation slipped to a 25-month low of -0.58% in July, marking a second straight month in negative territory, provisional data from the Ministry of Commerce showed on Thursday. The reading was well below economists' expectations of a 0.30% decline in a Reuters poll. WPI, a proxy for producers' prices, stood at -0.13% in June, 0.13% in May, 0.85% in April, 2.25% in March, 2.45% in February, and 2.51% in January. The index was pulled down prim ...Read More >
Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 C ...Read More >
New Delhi: India's merchandise trade deficit touched $27.35 billion in July as exporters braced for Trump's trade offensive with additional duties set to kick in on 27 August. Merchandise exports were $37.24 billion in July, while imports reached $64.59 billion, provisional data from the commerce ministry showed on Thursday. Indian exporters could be among the hardest hit if US President Donald Trump's proposed additional 25% tariff hike on Indian goods take effect this month, unless a breakth ...Read More >
Kolkata, Aug 14 (PTI) Chief Minister Mamata Banerjee on Thursday said India would not have got Independence if Bengal was not there, as personalities like Rabindranath Tagore and Subhas Chandra Bose, who contributed significantly to shaping the nation's destiny, were born here. Speaking at a function marking the 12th anniversary of the 'Kanyashree' scheme, Banerjee said Bengal is the beacon of hope which stands for unity amid diversity. "If Bengal was not there, India would not have got Indepe ...Read More >
MUMBAI, Aug 14 (Reuters) - India's foreign exchange reserves are expected to have risen in the week through August 8, according to economists calculations based on the Reserve Bank of India's weekly reserve money release. A $5 billion dollar/rupee swap by the RBI matured that week, with bankers saying the central bank delivered the swap, a move that is a drain on reserves. Further, the RBI intervened in both the onshore spot and non-deliverable forward markets that week to prevent the rupee fr ...Read More >
MUMBAI (Reuters) -India's foreign exchange reserves are expected to have risen in the week through August 8, according to economists calculations based on the Reserve Bank of India's weekly reserve money release. A $5 billion dollar/rupee swap by the RBI matured that week, with bankers saying the central bank delivered the swap, a move that is a drain on reserves. Further, the RBI intervened in both the onshore spot and non-deliverable forward markets that week to prevent the rupee from slippi ...Read More >
Thane, Aug 14 (PTI) A fire broke out at a cafe located in a multi-storey residential building in Maharashtra's Thane city early Thursday morning, following which 35 persons were evacuated from the structure, officials said. No casualty has been reported as of now, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. The blaze erupted in the Parsik Cafe located on the ground floor of the six-storey building at Kharegaon in Kalwa (West), he said. The disaster managemen ...Read More >
New Delhi: US President Donald Trump has criticised Goldman Sachs CEO David Solomon, saying the bank made a 'bad prediction' regarding the impact of his tariff policies on US consumers. Trump posted on his social media platform Truth Social that "David Solomon and Goldman Sachs refuse to give credit where credit is due." "They made a bad prediction a long time ago on both the market repercussions and the tariffs themselves, and they were wrong, just like they are wrong about so much else," he ...Read More >
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