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New Delhi, June 30 (SocialNews.XYZ) The launch of Ericsson's manufacturing unit demonstrates global confidence in India's capabilities and the country's growing confidence in its future, Union Communications Minister Jyotiraditya Scindia said on Monday. Inaugurating Ericsson's state-of-the-art antenna manufacturing facility at VVDN's Global Innovation Park in Manesar, Haryana, the minister said this is more than the launch of a manufacturing unit -- it marks the birth of a facility that will po ...Read More >
New Delhi [India], June 29 (ANI): The government skill and talent initiatives are not effectively reaching the Micro, Small and Medium Enterprises (MSMEs) engaged in the manufacturing activities, as a staggering 71 per cent of small firms say government-run skill-training programmes haven't helped them, according to a report by Cushman & Wakefield. The report observed that approximately 61 per cent of MSMEs stated that government skill and talent initiatives had not reached them, while 39 per c ...Read More >
Mumbai (Maharashtra) [India], June 28 (ANI): Foreign portfolio investors (FPIs) made a net investment of Rs 13,107.54 crore into Indian markets during the week of June 23 to June 27, according to data released by the National Securities Depository Limited (NSDL). The inflow reflects strong investor confidence in Indian equities. The data showed that FPIs made heavy investments in the Indian equity market, especially on Monday and Friday, indicating a positive shift in sentiment. With these fre ...Read More >
Hyderabad: National Insurance Awareness Day is celebrated every year on June 28. This day focuses on the importance of having insurance and helps people understand its benefits. It also reminds everyone to regularly check their insurance plans to ensure they are current and meet their needs. Insurance offers security, covering loved ones and recovering losses in the event of damage, illness, or death. From term insurance to life insurance, to health insurance, to home insurance, to car insuranc ...Read More >
MUMBAI (Reuters) -India's current account posted a surplus for the first time in four quarters in the January-March period, helped by higher services exports, the central bank said on Friday. The current account surplus stood at $13.5 billion, or 1.3% of GDP in the fourth quarter of the fiscal year 2024-2025 versus the polled estimate of $8.5 billion, or 0.9% of GDP. The surplus compares with a deficit of $11.3 billion or 1.1% of GDP in the preceding quarter, the Reserve Bank of India said in ...Read More >
Mumbai, June 27 (SocialNews.XYZ) India recorded a current account surplus of $13.5 billion, constituting 1.3 per cent of GDP, in the fourth quarter of financial year 2024-25 (January-March), according to data released by the Reserve Bank of India (RBI) on Friday. The robust performance has reversed the current account deficit of $11.3 billion (1.1 per cent of GDP) in the preceding third quarter (October-December) of 2024-25. It also represents a more than two-fold increase from a surplus of $4. ...Read More >
MUMBAI (Reuters) -India's current account posted a surplus for the first time in four quarters in the January-March period, helped by higher services exports, the central bank said on Friday. The current account surplus stood at $13.5 billion, or 1.3% of GDP in the fourth quarter of the fiscal year 2024-2025 versus the polled estimate of $8.5 billion, or 0.9% of GDP. The surplus compares with a deficit of $11.3 billion or 1.1% of GDP in the preceding quarter, the Reserve Bank of India said in ...Read More >
IMAGE: India rode on skipper Rohit Sharma's scintillating 41-ball 92 to beat Australia by 24 runs in their concluding Super Eights fixture and qualify for the semi-finals of the T20 World Cup unbeaten. Photograph: BCCI/X India's One-Day International skipper Rohit Sharma shared his thoughts on the rivalry between Men in Blue and Australia in recent ICC tournaments. Australia defeated India in the ICC 2023 ODI World Cup final by six wickets, at the Narendra Modi Stadium in Ahmedabad on November ...Read More >
India must ensure any trade deal with the U.S. is fair, not politically driven, and protects its farmers, digital ecosystem, and regulatory sovereignty, the Global Trade Research Initiative (GTRI) said on Friday. With India's chief negotiator in Washington and a July 9 deadline approaching (marking the end of U.S. President Donald Trump's 90-day tariff suspension), a limited mini-deal appears likely.Any trade agreement with the US must not be politically driven or one-sided and India should prot ...Read More >
The United States recently updated its travel advisory for India. The Ministry of External Affairs acknowledged the update. The US advises its citizens to exercise caution due to crime and terrorism. Certain areas are marked as high-risk. The advisory level for India remains unchanged. It has been at level 2 for several years.Travel advisories are periodically issued by countries based on their "assessment of various factors", and "we have noted" that the US has updated the travel advisory for I ...Read More >
New Delhi, June 8 (SocialNews.XYZ) Maharashtra and Karnataka emerged as the top destinations for foreign direct investment (FDI) in India during the financial year 2024-25, jointly accounting for 51 per cent of the total inflows, according to the latest data released by the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra attracted the highest amount of FDI with overseas investments worth $19.6 billion, which made up 31 per cent of the country's total. Karnataka fol ...Read More >
Mumbai (Maharashtra) [India], June 7 (ANI): Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments staying in the negative territory. According to data released by NSDL, FPIs pulled out a total of Rs 8,749 crore from Indian equities during the week from June 2 to June 6. This indicates that foreign investors were net sellers in the market during most of the week. The withdrawal came amid global uncertainties and cautious ...Read More >
Mumbai, June 7 (SocialNews.XYZ) Foreign Portfolio Investors (FPIs) turned net buyers of Indian stocks on Friday, picking up shares worth Rs 1,009.7 crore, according to latest provisional data from the National Stock Exchange (NSE). This marked a positive turn as investor confidence continues to grow. Domestic Institutional Investors (DIIs) also remained active buyers for the 14th straight session, investing Rs 9,342.5 crore in equities. One of the key highlights of the day was a major transact ...Read More >
New Delhi: Indian Stock Market Foreign Investors: Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments remaining in negative territory. According to data released by NSDL, FPIs pulled out a total of ₹8,749 crore from Indian equities during the week from June 2 to June 6. This indicates that foreign investors were net sellers in the market for most of the week. The withdrawal came amid global uncertainties and cautious in ...Read More >
New Delhi: FDI inflows into India totaled around $81 billion in the fiscal year 2025. Union Commerce and Industry Minister Piyush Goyal gave a statement on India's FDI inflows and highlighted the increased number of countries from which India is receiving the FDI. The countries from which FDI is flowing stand at 112, the minister said, virtually, in a roundtable meeting, emphasizing the rising appeal of India as a global investment destination. The roundtable meeting was organised and chaired b ...Read More >
ITANAGAR, 6 Jun: More than 200 people without valid inner line permits (ILP) were externed from the Itanagar Capital Region on Friday, a senior police officer said. The violators were detected during an enforcement drive conducted by the Naharlagun police across Papu Hills, Naharlagun, Nirjuli, and Banderdewa, as part of the ongoing initiative to uphold the Bengal Eastern Frontier Regulation. Naharlagun Superintendent of Police (SP) Mihin Gambo said that all 219 individuals were found without ...Read More >
Commerce and Industry Minister Piyush Goyal | Image: X (Piyush Goyal)| Commerce and Industry Minister Piyush Goyal has said that India's FDI inflows now originate from 112 countries, compared to 89 in 2013-14, underscoring the country's rising global appeal. Addressing an investor roundtable at Vanijya Bhawan in the national Capital, the minister said India's FDI success story is not only about impressive numbers but also a reflection of visionary reforms, policy clarity, and the global commun ...Read More >
India's foreign direct investment (FDI) reached $81.04 billion in FY 2024-25, marking a 14% growth over the previous year, as investors lauded the country's liberalized policy regime and proactive economic reforms at an Investor Roundtable held in New Delhi. The event, hosted on June 5 at Vanijya Bhawan, brought together over 90 representatives from industrial parks, multinational firms, and business associations, with more than 50 industrial parks from states including Rajasthan, Maharashtra, ...Read More >
Bhopal, June 6 (SocialNews.XYZ) To speed up its promotion on solar energy further, the Madhya Pradesh government will organise 'Suryamitra Agriculture Feeder Scheme Summit' in Bhopal on June 10, said an official on Friday. Based on the 'vocal for local' vision, the summit will be organised at Kushabhau Thakre convention center aimed at providing developers and stakeholders with detailed information about the bidding process, financial structuring, and technical specifications. "The state is co ...Read More >
New Delhi, Jun 6 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is receiving FDI inflows from 112 countries compared to 89 in 2013-14, underscoring the country's rising global appeal. Speaking virtually in an FDI roundtable here, he said the government is committed to making India the world's most preferred investment destination. The roundtable was chaired by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Amardeep Singh Bhatia. Bhatia invite ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Ban ...Read More >
New Delhi, Jun 6 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is receiving FDI inflows from 112 countries compared to 89 in 2013-14, underscoring the country's rising global appeal. Speaking virtually in an FDI roundtable here, he said the government is committed to making India the world's most preferred investment destination. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to June 30, 2025. The roundtable was cha ...Read More >
New Delhi, Jun 6 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is receiving FDI inflows from 112 countries compared to 89 in 2013-14, underscoring the country's rising global appeal. Speaking virtually in an FDI roundtable here, he said the government is committed to making India the world's most preferred investment destination. The roundtable was chaired by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Amardeep Singh Bhatia. Bhatia invite ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Top bankers on Friday hailed the Reserve Bank's decision to reduce repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion. Besides this, the revision in CPI inflation to 3.7 per cent for FY26 also shows the RBI's confidence in inflation being aligned with ...Read More >
MUMBAI: In a move that jolted markets and defied expectations, the Reserve Bank of India cut its benchmark policy rate by 50 basis points and announced a Rs 2.5 lakh crore liquidity infusion via a 100 basis point reduction in the cash reserve ratio (CRR). The CRR cut reduces the portion of deposits banks must park with the central bank, effectively freeing up funds to support credit growth.Governor Sanjay Malhotra framed the dual action as a response to shifting macroeconomic conditions, stating ...Read More >
NEW DELHI: Amid concerns over the recent moderation in net foreign direct investment (FDI) into India, Reserve Bank of India Governor Sanjay Malhotra on Friday sought to provide clarity, urging stakeholders to consider gross FDI figures instead, which present a more accurate picture of India's investment appeal. "While net FDI is important from a foreign exchange reserves management perspective, when it comes to understanding the investment landscape, gross FDI matters far more," Malhotra said ...Read More >
New Delhi: India is poised to attract investments exceeding ₹8,000 crore in the fields of energy storage, electric vehicles (EVs), and green hydrogen at the upcoming 11th edition of India Energy Storage Week (IESW) 2025, scheduled from July 8 to 10 in New Delhi. Organised by the India Energy Storage Alliance (IESA), the event will facilitate new business deals, foreign collaborations, and the signing of Memorandums of Understanding (MoUs) aimed at strengthening India's position as a global manu ...Read More >
NEW DELHI: In a major push to position India as a global hub for traditional medicine and holistic wellness, the Government of India has launched 'Ayush Nivesh Saarthi', a dedicated investor facilitation portal for the Ayush sector. The digital platform was unveiled on May 29, 2025, during the Ayush Stakeholder and Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Commerce & Industry Minister Piyush Goyal and Ayush Minister Prataprao Jadhav, in the prese ...Read More >
Dixon Technologies is partnering with HKC for display module manufacturing. The company has applied for government approval. Dixon is also exploring partnerships for diodes and components. They are collaborating with Dassault for smart manufacturing. Dixon aims for 'lighthouse factory' recognition. The company is satisfied with the current PLI scheme. Dixon plans significant investments in components and display modules.India's leading contract manufacturer Dixon Technologies has sought the gove ...Read More >
Lucknow: The state's first Ayush university, coming up in Gorakhpur, is all set for its inauguration on June 30. If all goes as planned, President Droupadi Murmu will conduct the ceremony. She is also expected to attend the convocation ceremony of the first undergraduate (MBBS) batch at Gorakhpur AIIMS.Sharing this on Tuesday, an official spokesperson said, "The Ayush university will be Gorakhpur's fourth university and the first one where both the foundation stone laying and inauguration will b ...Read More >
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