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New Delhi [India], April 7 (ANI): Uday Kotak, Founder and Non-Executive Director of Kotak Mahindra Bank, on Tuesday warned that the world may be entering a phase of structural geopolitical change and said India must invest more in research, innovation and manufacturing to truly achieve self-reliance. Speaking at the FICCI Foundation Day - Celebrating the Spirit of Entrepreneurship organised by the Federation of Indian Chambers of Commerce and Industry, Kotak said the current global situation -- ...Read More >
New Delhi [India], April 7 (ANI): Uday Kotak, Founder and Non-Executive Director of Kotak Mahindra Bank, on Tuesday warned that the world may be entering a phase of structural geopolitical change and said India must invest more in research, innovation and manufacturing to truly achieve self-reliance. Speaking at the FICCI Foundation Day - Celebrating the Spirit of Entrepreneurship organised by the Federation of Indian Chambers of Commerce and Industry, Kotak said the current global situation -- ...Read More >
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on "non-violation complaints" (NVCs) under the TRIPS Agreement also expired for the first time since 1995. This opens the doors for countries to move WTO in case treaty ...Read More >
NEW DELHI: Indian Prime Minister Narendra Modi may be a no-show at the Oct 26-28 Asean summit, but progress in the review of the Asean-India Trade in Goods Agreement could lead to a much-needed boost in trade after negotiations hit a rough patch earlier in 2025. External Affairs Minister S. Jaishankar will represent India at the East Asia Summit in Kuala Lumpur, while Modi is on the campaign trail in Bihar state ahead of elections. But the Prime Minister, underlining the importance attached to ...Read More >
Union Labour Minister Mansukh Mandaviya told a meeting of the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) in New Delhi on Monday (October 13, 2025) that the Cabinet was actively considering increasing the minimum PF pension. Though the issue was not in agenda, trade union members in the CBT said during the discussions that the minimum PF pension should be revised from the present amount of ₹1,000 a month. "The Minister did not rule it out and said the Ca ...Read More >
New Delhi: The 238th meeting of Central Board of Trustees (CBT), EPF recently approved Simplified and Liberalized Partial Withdrawals to Enhance Member Convenience and Retirement Security. Under the chairmanship of Union Minister for Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya, the took a number of decisions. 1. To enhance Ease of Living of EPF members, CBT decided to simplify the partial withdrawal provisions of EPF Scheme by merging 13 complex provisions into a single, s ...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, Sep 29 (PTI) Moody's Ratings 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 global 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 eco ...Read More >
New Delhi, Sep 26 (SocialNews.XYZ) Prime Minister Narendra Modi on Friday paid tributes to former Prime Minister, late Dr. Manmohan Singh on his birth anniversary, recalling his long years of service and contributions to the nation. The Congress, too, paid tributes to its departed leader. In a post on X, PM Modi wrote: "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." The former Prime Minister ...Read More >
New Delhi, Sep 14 (PTI) Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, is likely to be introduced in Parliament in the upcoming Winter session, Finance Minister Nirmala Sitharaman has said. The winter session of Parliament generally commences in the second half of November and concludes before Christmas. "I hope to", she told PTI when asked if the bill to further liberalise FDI in the insurance sector can be introduced in Parliament in the upcoming Winter se ...Read More >
New Delhi, Sep 14 (PTI) Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, is likely to be introduced in Parliament in the upcoming Winter session, Finance Minister Nirmala Sitharaman has said. The winter session of Parliament generally commences in the second half of November and concludes before Christmas. "I hope to", she told PTI when asked if the bill to further liberalise FDI in the insurance sector can be introduced in Parliament in the upcoming Winter se ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year. Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, European Union, said the country is looking forward to the continued dialogue. "It was a pleasure hosting you for the 13th Round of India-EU FTA negotiations ...Read More >
NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the yea ...Read More >
New Delhi, Aug 1 (PTI) Trades worth nearly Rs 3.21 lakh crore have been conducted through the electronic National Agriculture Market (e-NAM) platform during the last five financial years, the government said on Friday. In a written reply to the Rajya Sabha, Minister of State for Agriculture Ramnath Thakur said, "From 1st April, 2020 to 31st March, 2025, trade worth Rs 3,20,766 crore has been conducted through electronic National Agriculture Market (e-NAM)". The minister was replying to a quest ...Read More >
NEW DELHI, July 10: Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today unveiled the 'NITI Aayog's Roadmap for Strengthening State Science and Technology Councils' at NITI Aayog complex, here. He called upon the States and UTs to align with Centre's vision and thereby also align with S&T efforts in the making of Viksit Bharat@2047. The roadmap is a major step tow ...Read More >
Ludhiana: Several labour unions and employee federations in Ludhiana joined the 'Bharat Bandh', protesting the increasing contractualisation of jobs, the dilution of labour laws, and "anti-worker and pro-corporate" policies of the govt. They demanded the regularisation of contractual workers in the transport sector. Jagtar Singh, general secretary of the PRTC Contract Workers Union, said that PRTC and Punbus staff were observing a three-day strike, highlighting that nearly 7,000 employees in bot ...Read More >
Guwahati, Jun 28 (PTI) Assam Chief Minister Himanta Biswa Sarma claimed on Saturday that 'socialism' and 'secularism' are "Western concepts", and these words should be struck off the Constitution. He said these words were included in the Preamble of the Constitution by the then Prime Minister Indira Gandhi when the country was under Emergency rule, and these have no place in the Indian civilisation. "How can I be secular? I am a hardcore Hindu. A Muslim person is a hardcore Muslim person. How ...Read More >
New Delhi, June 28 (UNI) Congress president Mallikarjun Kharge today paid homage to former Prime Minister PV Narasimha Rao on his birth anniversary, lauding his economic liberalisation policies and forward-looking foreign policy initiatives. In a tribute on X, Kharge acknowledged Rao's transformative role in ushering in wide-ranging economic liberalisation policies that laid the foundation for an era of unprecedented national growth. These reforms, he said, were instrumental in uplifting and ex ...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 >
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 >
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 >
New Delhi, Dec 12 (VOICE) Total FDI inflows into India over the last decade (April 2014 to September 2024) amounted to $709.84 billion, accounting for 68.69 per cent of the overall FDI inflow in the past 24 years which crossed the $1 trillion mark, according to the Commerce and Industry Ministry's year-end review released on Thursday."This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year," the review stated. ...Read More >
JAKARTA (Reuters) - Indonesia and Canada on Monday signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to strengthen economic ties between the two G20 members, three years after negotiations began. The agreement will take effect in 2026 and was signed in Jakarta by trade ministers of both countries. Indonesia's trade minister, Budi Santoso, said Indonesia appreciated Canada's support for its plan to prioritise its critical minerals sector, which was vital for its sustainable ...Read More >
While India must put in place the best possible dispute resolution system, there is a need to further liberalise the policy regime for FDI, besides improving the conditions for doing business in the various states. The National Democratic Alliance regime is optimistic of attracting $100 billion annually in foreign direct investments (FDI) as it is currently the world's fastest-growing large economy with unmatched market growth opportunities in sunrise sectors such as semiconductors, electric ve ...Read More >
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