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New Delhi [India], October 26 (ANI): India's foreign exchange reserves rose by USD 4.5 billion in the week that ended October 17 to USD 702.280 billion, primarily driven by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'. The country's forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024. For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchang ...Read More >
Agartala (Tripura) [India], October 26 (ANI): Chief Minister of Tripura, Manik Saha, on Saturday, attended the Inauguration of the 34th Annual conference of the Indian Association of Pathologists and Microbiologists, IAPM- NERCON 2025. CM Saha highlighted the state's significant advancements in the healthcare sector under the BJP-led government. The Chief Minister underlined that the number of hospital beds has increased and that successful organ transplants are being performed within the state ...Read More >
Mumbai, Oct 24 (SocialNews.XYZ) India's foreign exchange reserves rose by $4.5 billion to $702.3 billion for the week ended October 17, mainly driven by an increase in the value of gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday. India's gold reserves held by the RBI as part of the country's foreign exchange reserves surged by $6.2 billion to surpass the $108.5 mark for the first time on the back of a sharp rise in the price of the precious metal and incre ...Read More >
New Delhi, Oct 22 (SocialNews.XYZ) A major cyberattack on Jaguar Land Rover, the British car manufacturer owned by India's Tata Motors, has cost the UK economy an estimated $2.55 billion (£1.9 billion), according to a report released on Wednesday by the Cyber Monitoring Centre (CMC). The attack forced a six-week shutdown of JLR's production, impacting thousands of suppliers and dealerships nationwide, marking it as the most expensive cyber event ever recorded in the UK. More than 5,000 compani ...Read More >
New Delhi, Oct 19 (SocialNews.XYZ) Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister Keir Starmer in Mumbai to advance the India-UK trade and investment partnership as major highlights of his ministry in the last fortnight. "The Trade and Economic Partnership Agreement (TEPA) between India and the EFT ...Read More >
New Delhi, Oct 17 (PTI) Sterling and Wilson Renewable Energy on Friday reported a consolidated net loss of Rs 477.62 crore in the September quarter, due to an exception item of Rs 580.10 crore during the period under review. The company posted a consolidated net profit of Rs 8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed. Last year, a wholly owned subsidiary (WOS) company of the group terminated a contract with a major subcontractor in a particular geography for del ...Read More >
British Prime Minister Keir Starmer on Tuesday updated the House of Commons on his two-day visit to Mumbai last week with the country's biggest trade delegation to India, scoring deals worth around 1.3 billion pounds. Addressing Parliament as it resumed from recess this week, Starmer said both countries were united by the future following a historic trade deal struck in July to open up new opportunities for businesses and boost job creation. The India-UK Comprehensive Economic and Trade Agreem ...Read More >
Sterling Tools on Tuesday announced that its motor controller subsidiary, Sterling Gtake, has been rebranded as Sterling E-Mobility Solutions, signalling a strategic shift towards becoming a comprehensive provider of electric vehicle (EV) technologies. According to the official press release, the rebranding reflects the company's expanding portfolio and its focus on delivering integrated solutions for EV powertrains and power electronics. Sterling aims to leverage global innovation and local ex ...Read More >
Mysuru/Bengaluru: Hours after IT-BT minister Priyank Kharge Wednesday shared a video of a phone call in which an unidentified man, claiming affiliation with RSS, allegedly abused him in Hindi, home minister G Parameshwara said the govt has ordered an investigation. "We will find out who threatened the minister. We will identify the source," Parameshwara said. "A minister has the right to share his opinions. Threatening him for this is unacceptable. Action will be taken. Though tracking callers i ...Read More >
New Delhi [India], October 16 (ANI): The British High Commission in India on Wednesday said that the United Kingdom has announced joint action with the United States to make Southeast Asia safer from scams. According to the statement, masterminds behind industrial-scale scam centres in Southeast Asia have been targeted by sanctions in coordination with the US. The move aims to expose and disrupt the network's operations, effectively locking them out of the UK's financial system. The British Hi ...Read More >
New Delhi/Agartala, Oct 15: In a major step towards strengthening healthcare services and providing better medical facilities, Tripura government has signed a Memorandum of Understanding (MoU) with the All India Institute of Medical Sciences (AIIMS) in the presence of Chief Minister Manik Saha in New Delhi, on Wednesday. Chief Minister Saha, who also holds the Health and Family Welfare portfolio, said that the MoU will go a long way in ensuring the development of medical colleges, as well as st ...Read More >
But he said there were no plans to open up more visa routes to Indian workers or students. "The issue is not about visas," Sir Keir said. "It's about business to business engagement and investment and jobs and prosperity coming into the United Kingdom." The UK's trade deal with India was signed in July after years of negotiation. It will mean UK cars and whisky will be cheaper to export to India, and Indian textiles and jewellery cheaper to export to the UK as part of the multi-billion pound ...Read More >
Three Bollywood films will be made in the UK from next year, the Prime Minister has revealed during his trade mission to India. Sir Keir Starmer made the announcement as he visited Yash Raj Films (YRF), a film studio in Mumbai, alongside a delegation from the British film industry. The studio, India's leading film production and distribution company, will bring three major productions to locations across the United Kingdom from early 2026. The announcement marks the end of an eight-year hiatu ...Read More >
New Delhi, Oct 9 (PTI) Prime Minister Narendra Modi on Thursday said the India-UK free trade pact will boost MSMEs and create jobs, and exuded confidence that the target of doubling bilateral trade will be achieved ahead of the target date of 2030. Addressing a CEO forum along with British Prime Minister Keir Starmer, Modi said the Comprehensive Economic and Trade Agreement (CETA) between India and the UK will provide stability at a time when the world is witnessing instability. "Today, India- ...Read More >
MUMBAI (Reuters) -Indian Prime Minister Narendra Modi and British counterpart Keir Starmer hailed the potential on Thursday of their months-old trade deal to transform commercial links, as London unveiled further Indian investment in Britain. Starmer is in the financial capital of Mumbai on a two-day visit to India, joined by more than 100 leaders from Britain's business, culture and university sectors, as he rushes to harvest the trade deal signed in July. The deal agreed to cut tariffs on go ...Read More >
MUMBAI, INDIA - OCTOBER 9: British Prime Minister Keir Starmer is greeted by Prime Minister of India Narendra Modi, on his arrival at Raj Bhavan on October 9, 2025 in Mumbai, India. Leon Neal/Pool via REUTERS MUMBAI (Reuters) -Indian Prime Minister Narendra Modi and British counterpart Keir Starmer hailed the potential on Thursday of their months-old trade deal to transform commercial links, as London unveiled further Indian investment in Britain. Starmer is in the financial capital of Mumbai ...Read More >
Mumbai, Oct 8 (PTI) British Prime Minister Keir Starmer on Wednesday visited the Yash Raj Films (YRF) Studios in suburban Andheri and announced that major Indian production houses including the YRF will make movies across locations in the UK by next year. Three new Bollywood films will be made in the United Kingdom from next year, he announced. "Bollywood is back in Britain, and it is bringing jobs, investment and opportunity, all while showcasing the UK as a world-class destination for global ...Read More >
NEW DELHI: To foster national pride and self-reliance among students, the Ministry of Education on Friday released two special modules on Swadeshi. The NCERT booklet for Middle Stage students is themed on 'Swadeshi Vocal for Local' while Swadeshi - For a Self-reliant India' was the topic around which the secondary Stage book revolved. To explain to senior students what a self-reliant India meant, the 23-page module begins with a quote from PM Modi's speech on August 15 this year - "The bedrock ...Read More >
Mumbai, Oct 3 (PTI) India's forex reserves dropped by USD 2.334 billion to USD 700.236 billion during the week ended September 26, according to the RBI data on Friday. In the previous reporting week, the kitty had declined by USD 396 million to USD 702.57 billion. For the week ended September 26, foreign currency assets, a major component of the reserves, decreased by USD 4.393 billion to USD 581.757 billion, the data released by the RBI showed. Expressed in dollar terms, foreign currency ass ...Read More >
Mumbai, October 1: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said. As a calib ...Read More >
MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard, " RBI Governor Sanjay Malhotra said. As a calibrated ste ...Read More >
Mumbai, Oct 1 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and local currencies in international trade transactions. "For months now, the government has been taking steps to internationalise the rupee, which refers to the process of making the Indian currency widely accepted and used for global trade, finance, and investment. We have been making steady progress in this regard," RBI Governor Sanjay Malhotra said ...Read More >
Mumbai: India's forex reserves dropped by $396 million to $702.57 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by $4.698 billion to $702.966 billion. For the week ended September 19, foreign currency assets, a major component of the reserves, decreased by $864 million to $586.15 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciati ...Read More >
The dip marks a reversal from last week. Reserves had risen by $4.698 billion to $702.966 billion in the week ended Sept 12. India's foreign exchange reserves fell by $396 million to $702.57 billion for the week ended September 19, according to Reserve Bank of India (RBI) data released on Friday. In the previous week, reserves had risen by $4.698 billion to $702.966 billion. Foreign currency assets, the largest component of the reserves, declined by $864 million to $586.15 billion. The figure ...Read More >
Mumbai, Sep 26 (PTI) India's forex reserves dropped by USD 396 million to USD 702.57 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by USD 4.698 billion to USD 702.966 billion. For the week ended September 19, foreign currency assets, a major component of the reserves, decreased by USD 864 million to USD 586.15 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets ...Read More >
Agartala, Sep 26 (PTI) Tripura Chief Minister Manik Saha on Friday said the National Medical Council has almost sanctioned a proposal to introduce 50 more MBBS seats in the Agartala Govt Medical College (AGMC). Currently, the AGMC has 150 MBBS seats and 115 postgraduate seats in different disciplines. While speaking at a programme, the CM said, "We have approached the National Medical Council (NMC) for the introduction of 50 more MBBS seats in AGMC and the proposal has been almost sanctioned", ...Read More >
Mumbai, September 26: NASA scientists are preparing for a potential lunar threat from Asteroid 2024 YR4, a 60-meter-wide "city killer" space rock that could strike the Moon in 2032. While the asteroid poses little danger to Earth, a Moon impact could send debris toward satellites and the International Space Station. To counter this, experts have proposed using a nuclear bomb to destroy the asteroid. The plan represents a bold escalation in planetary defence strategies, combining lessons from pas ...Read More >
MUMBAI: Standard Chartered India CEO P D Singh sees the India-Middle East trade corridor as a promising one for adoption of rupee invoicing, even though it's a gradual shift. "It is picking up in Middle Eastern corridors and could expand in future, much like how Chinese yuan invoicing became common in solar equipment trade," he said, adding that the move was steady but not yet large-scale.Govt and RBI have been working on internationalisation of the rupee to protect forex reserves and ensure ene ...Read More >
New Delhi, Sep 23 (SocialNews.XYZ) Tata-owned British luxury carmaker Jaguar Land Rover (JLR) on Tuesday announced that it will extend its production halt until Wednesday (October 1), following a major cybersecurity incident that disrupted its operations earlier this month. In a statement, the company said, "Today we have informed colleagues, suppliers and partners that we have extended the current pause in production until Wednesday, (October 1)." "We have made this decision to give clarity f ...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 >
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