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First civic body in the country to issue internationally certified Green Bonds The Surat Municipal Corporation's Certified Green Bond worth Rs 200 crore was listed on the National Stock Exchange in Mumbai on Thursday in the presence of Gujarat Chief Minister Bhupendra Patel. CM Patel rang the bell at the National Stock Exchange, officially listing the Green Bond of the SMC. Surat Municipal Commissioner Shalini Agarwal, Surat Mayor Daxesh Mawani and standing committee chairman Rajan Patel were ...Read More >
The Reserve Bank of India has appointed Sonali Sen Gupta as its new Executive Director, effective October 9, 2025. With over three decades of experience at the central bank, Sen Gupta will now lead crucial departments including Consumer Education and Protection, and Financial Inclusion. The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), with effect from October 9, 2025. The announcement was made through an official press release by the RBI. Earli ...Read More >
HSBC India has launched its Innovation Banking service, pledging $1 billion in non-dilutive debt capital to support Indian startups from seed stage to IPO. This initiative aims to fuel growth for entrepreneurial businesses and their investors without equity dilution. New Delhi, HSBC India on Thursday announced the launch of its 'Innovation Banking' in India, which offers banking and financing solutions to support entrepreneurial businesses throughout their lifecycle, from seed to IPO, as well a ...Read More >
CHENNAI: After a brief lull, the tussle between the Tamil Nadu government and Governor RN Ravi has resurfaced, this time over the DMK's political slogan "Tamil Nadu will fight, Tamil Nadu will win". While Ravi on Sunday wondered what was the state "fighting" for, saying there was "no conflict", Chief Minister MK Stalin immediately sprang to TN's defence, saying that the state, among others, was "fighting against arrogance" (of union government) "that denies education funds unless Hindi is accep ...Read More >
New Delhi: Rajya Sabha Deputy Chairman Harivansh held a series of bilateral meetings with presiding officers from the parliaments of Russia, Germany, Italy and hosts South Africa on the sidelines of the 11th G20 Parliamentary Speakers' Summit (P20) in Kleinmond. The meetings focused on strengthening bilateral parliamentary cooperation and presented India's perspective on trade partnerships, technology and sustainable development. In his meetings with various delegations, the Rajya Sabha deputy ...Read More >
Finance Minister Nirmala Sitharaman asserted India's strong capacity to absorb global shocks amid a structural world economic transformation. Speaking at the Kautilya Economic Conclave, she emphasized India's domestic-driven growth, which minimizes external impact. New Delhi, Finance Minister Nirmala Sitharaman on Friday said India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said the task before nations is not o ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
New Delhi: With export diversification at the top of India's trade agenda, commerce and industry minister Piyush Goyal is set to embark on a three-nation tour in October -- Singapore, Qatar and South Africa -- to push Indian goods into new markets and also advance talks on the long-pending India-European Union (EU) free trade agreement on the sidelines, two senior government officials said. Goyal will travel to Singapore in the first week of the month, followed by Qatar, and then South Africa f ...Read More >
India has this year given the green light to 10 semiconductor projects worth about $18 billion in total When Prime Minister Narendra Modi declared India's "late entry" into the global semiconductor race, he pinned hopes on pioneers such as Vellayan Subbiah to create a chip innovation hub. The chairman of CG Power, who oversees a newly commissioned semiconductor facility in western India, is seen as one of the early domestic champions of this strategic sector in the world's fastest-growing majo ...Read More >
Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam. Through "atmanirbharta", India is building supply chains to navigate through weaponisation of trade, Union Minister of Commerce and Industry Piyush Goyal said on September 30. Delivering the address at the curtain raiser event for the 30th CII Partnership Summit in New Delhi, Goyal said g ...Read More >
NEW DELHI: Commerce and industry minister Piyush Goyal will visit Doha next week to kick off talks for a bilateral trade agreement, adding another Gulf nation to the bouquet of countries negotiating trade treaties with India. UAE already has a pact with India.Sources said the minister will travel to Singapore as well, an ASEAN member with which India has a Comprehensive Economic Cooperation Agreement (CECA) but is not satisfied with the outcomes. He will also meet European trade commissioner Mar ...Read More >
New Delhi [India], September 30 (ANI): India's thrust is for Self-Reliance (Atmanirbhar) to secure our supply chains; Self-Confidence (Atmavishwas) to aim for big goals; and Self-Protection (Atmaraksha) to protect the interests of India, said Union Minister of Commerce and Industry Piyush Goyal on Tuesday. According to an official release from the Ministry of Commerce and Industry, delivering the address at the Curtain Raiser event for the 30th CII Partnership Summit in New Delhi, the Minister ...Read More >
New Delhi [India], September 30 (ANI): India's thrust is for Self-Reliance (Atmanirbhar) to secure our supply chains; Self-Confidence (Atmavishwas) to aim for big goals; and Self-Protection (Atmaraksha) to protect the interests of India, said Union Minister of Commerce and Industry Piyush Goyal on Tuesday. According to an official release from the Ministry of Commerce and Industry, delivering the address at the Curtain Raiser event for the 30th CII Partnership Summit in New Delhi, the Minister ...Read More >
Srinagar (Jammu and Kashmir) [India], May 19 : The stage is all set for the third G20 tourism working ... Srinagar (Jammu and Kashmir) [India], May 19 : The stage is all set for the third G20 tourism working group meeting scheduled to take place in Srinagar, the summer capital of Jammu and Kashmir from May 22- 24, 2023 under India's presidency. According to a report, there has been a resurgence of confidence among the youth that foreign tourists would soon start travelling to Kashmir in great ...Read More >
New Delhi, Sep 30 (PTI) Rajya Sabha Deputy Chairman Harivansh will lead the Indian delegation to the 11th G20 Parliamentary Speakers' Summit (P20) at Kleinmond, Western Cape in South Africa. During the summit, which will be held from October 1 to 3, Harivansh will participate in key deliberations that underscore India's commitment to global cooperation and sustainable development. A statement from Harivansh's office said he will speak in two thematic sessions: 'Strengthening Disaster Resilienc ...Read More >
New Delhi [India], September 30 (ANI): The Deputy Chairman of the Rajya Sabha, Harivansh, will be leading the Indian Parliamentary Delegation to the 11th G20 Parliamentary Speakers Summit (P20), scheduled to be held in Kleinmond, Western Cape, South Africa, from October 1 to 3. Rajya Sabha Sources told ANI on Monday that during the Summit, Deputy Chairman Harivansh will participate in key deliberations, reaffirming India commitment to global cooperation, democratic engagement, and sustainable d ...Read More >
New Delhi, Sep 29 (PTI) Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3. "The rating affirmation and stable outlook reflect our view that India's prevailing credit strengths, including its large, fast-growing ec ...Read More >
New Delhi, India -- Meghna Gupta* had planned it all - a master's degree by 23, a few years of working in India, and then a move to the United States before she turned 30 to eventually settle there. So, she clocked countless hours at the Hyderabad office of Tata Consultancy Services (TCS), India's largest IT firm and a driver of the country's emergence as the global outsourcing powerhouse in the sector. She waited to get to the promotion that would mean a stint on California's West Coast. Now, ...Read More >
India on Saturday warned countries against turning a blind eye to what it called support for terrorism from Pakistan, which has basked in closer relations with US President Donald Trump. Addressing the UN General Assembly a day after Pakistan used the forum to appeal for talks, Indian Foreign Minister Subrahmanyam Jaishankar demanded "much deeper global cooperation" against terrorism. "India has confronted this challenge since independence, having a neighbor that is an epicenter of global terr ...Read More >
U.S. Presses India: Cut Russian Oil Imports or Watch Trade Deal Slip Away Washington is making it clear to New Delhi: any path forward on a U.S.-India trade deal runs through Russia's oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America's punitive tariffs and unlocking a deal, sources told Reuters on Friday. India is pushing back. Commerce Minister Piyush Goyal called the negotiations "constructive, ...Read More >
Washington is making it clear to New Delhi: any path forward on a U.S.-India trade deal runs through Russia's oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America's punitive tariffs and unlocking a deal, sources told Reuters on Friday. India is pushing back. Commerce Minister Piyush Goyal called the negotiations "constructive," but New Delhi is making room for strategic wiggle; officials have floated ...Read More >
Foreign Minister S. Jaishankar has warned against politicizing essential commodities Indian Foreign Minister S. Jaishankar has called out the "double standards" in the West's attitude towards the energy, food, and fertilizer requirements of the Global South. Speaking at the G20 Foreign Ministers' Meeting on the sidelines of the United Nationals General Assembly (UNGA) in New York, Jaishankar said global conflicts are disrupting energy supplies and leading to cost escalations. "Apart from jeop ...Read More >
Indian Foreign Minister S. Jaishankar has called out the "double standards" in the West's attitude towards the energy, food, and fertilizer requirements of the Global South. Speaking at the G20 Foreign Ministers' Meeting on the sidelines of the United Nationals General Assembly (UNGA) in New York, Jaishankar said global conflicts are disrupting energy supplies and leading to cost escalations. "Apart from jeopardizing supplies and logistics, access and costs themselves became pressure points on ...Read More >
With uncertainty becoming a defining feature of the global landscape, the role of banks has become much more critical not just as custodians of savings but also as engines of growth, Finance Minister Nirmala Sitharaman said on Thursday. She noted that financial institutions play a crucial role in national infrastructure building and banks must maintain strong balance sheets to fund significant investments, meet the demand for credit, and provide innovative financial products and capital expendit ...Read More >
New Delhi [India], September 26 : Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, emphasized that India is ... New Delhi [India], September 26 : Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, emphasized that India is well-positioned to withstand global economic shifts. "Amidst global uncertainty, India's resilience is remarkable. With strong macroeconomic fundamentals, a young demographic profile, and increased reliance on domestic demand, India is w ...Read More >
New Delhi [India], September 26 (ANI): Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, emphasized that India is well-positioned to withstand global economic shifts. "Amidst global uncertainty, India's resilience is remarkable. With strong macroeconomic fundamentals, a young demographic profile, and increased reliance on domestic demand, India is well-positioned to withstand global shocks and maintain a high-growth trajectory," the Finance Minister said. She stressed that i ...Read More >
New Delhi [India], September 26 (ANI): Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, emphasized that India is well-positioned to withstand global economic shifts. "Amidst global uncertainty, India's resilience is remarkable. With strong macroeconomic fundamentals, a young demographic profile, and increased reliance on domestic demand, India is well-positioned to withstand global shocks and maintain a high-growth trajectory," the Finance Minister said. She stressed that i ...Read More >
New Delhi, Sep 23 (SocialNews.XYZ) The Organization for Economic Cooperation and Development (OECD) on Tuesday raised India's GDP growth by 40 bps to 6.7 per cent in 2025 from its earlier projection of 6.3 per cent in June -- driven by strong domestic demand and robust GST reforms. The OECD's latest 'World Economic Outlook' mentioned that in India, higher tariff rates will weigh on the export sector, but overall activity is anticipated to be supported by monetary and fiscal policy easing, "incl ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) India has made strong progress in renewable energy by adding 23 gigawatts (GW) of clean capacity in just the first five months of the current financial year, Union Minister for New and Renewable Energy Pralhad Joshi said on Tuesday. Speaking at the 'FT Live Energy Transition Summit India' in the national capital, the minister said that this growth shows India's ability to achieve in a few months what many countries cannot match in several years. "So far in th ...Read More >
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