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CM Vijayan to inaugurate Phase-2 development of Vizhinjam Port on Friday
Business

CM Vijayan to inaugurate Phase-2 development of Vizhinjam Port on Friday

Thiruvananthapuram, Jan 22: Kerala is set to accelerate its maritime ambitions with the launch of Phase-2 construction of Adani Group’s Vizhinjam International Deepwater Seaport on Friday, marking a decisive step towards positioning the port as India’s largest transshipment hub.The development...
FICCI pre-Budget survey: 80% industry confident on India’s growth
Business

FICCI pre-Budget survey: 80% industry confident on India’s growth

New Delhi, Jan 22: A FICCI pre-Budget survey on Thursday reflected strong optimism across industry, with nearly 80 per cent of respondents expressing confidence in India’s growth prospects.Nearly half of the participants expect GDP growth to remain in the 7–8 per cent range in FY 2026–27,...
FDI to India records 73% growth in 2025, says UNCTAD
Business

FDI to India records 73% growth in 2025, says UNCTAD

United Nations, Jan 22: Foreign Direct Investment (FDI) in India surged by 73 per cent last year, bringing in $47 billion, according to UNCTAD.The increase was “mainly due to large investments in services -- including finance, IT (information technology), and R&D (Research and Development)...
Cabinet clears Rs 5,000 crore equity infusion for SIDBI
Business

Cabinet clears Rs 5,000 crore equity infusion for SIDBI

New Delhi, Jan 21: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved equity support of Rs 5,000 crore to Small Industries Development Bank of India (SIDBI)."The equity capital of Rs 5,000 crore shall be infused into SIDBI by the Department of Financial Services...
India likely to partner US-led Pax Silica, safeguard strategic autonomy
Business

India likely to partner US-led Pax Silica, safeguard strategic autonomy

New Delhi, Jan 21: In the war between China and the West to secure critical mineral supply chains needed for advancing AI initiatives, New Delhi may lean towards Pax Silica, a US-led initiative but without sacrificing strategic autonomy, according to reports.India's participation in Pax Silica...
India gains ‘Southern Anchor’ with New Zealand FTA amid global uncertainty
Business

India gains ‘Southern Anchor’ with New Zealand FTA amid global uncertainty

New Delhi, Jan 21: The India-New Zealand Free Trade Agreement (FTA) has sent a clear message that pragmatism has prevailed and that both sides have agreed on a framework for a bilateral economic partnership for the mid-21st century, according to a new report.The report, published on...
Draft NEP 2026 put out for public consultation on reliable power supply
Business

Draft NEP 2026 put out for public consultation on reliable power supply

New Delhi, Jan 21: In a bid to create future‑ready, financially viable and environmentally sustainable power sector, the government on Wednesday said it has released a new 'Draft National Electricity Policy (NEP) 2026' for public consultation with stakeholders.The ‘Draft NEP 2026’ aims to...
PM Modi calls India’s textile sector a major engine of job creation
Business

PM Modi calls India’s textile sector a major engine of job creation

New Delhi, Jan 20: Prime Minister Narendra Modi on Tuesday highlighted the rise of India’s textile sector from a legacy industry to a powerful job-creating and people-centric engine of growth, embodying the true spirit of Aatmanirbhar Bharat.PM Modi referred to an article written by Union...
India and EU expected to clinch long-awaited FTA by January 27
Business

India and EU expected to clinch long-awaited FTA by January 27

New Delhi, Jan 20: India and the European Union (EU) are close to finalising a landmark free trade agreement (FTA), with the formal announcement expected on January 27, a day after the Republic Day celebrations which will be attended by the top EU leadership as chief guests.According to...
Silver hits fresh record amid Trump-Greenland row; gold near peak
Business

Silver hits fresh record amid Trump-Greenland row; gold near peak

Mumbai, Jan 20: Silver prices on COMEX exchange touched record high at $94.740 an ounce on Tuesday, as investors rushed to buy safe‑haven assets while US–Europe trade dispute intensified after President Donald Trump continued tariff rhetoric tied to Greenland.Gold prices also traded near...
IMF raises India’s 2025 economic growth estimate to 7.3 per cent
Business

IMF raises India’s 2025 economic growth estimate to 7.3 per cent

Washington, Jan 19: The International Monetary Fund on Monday raised India’s economic growth projection for 2025 by a sharp 0.7 percentage point to 7.3 per cent, citing stronger-than-expected performance in the second half of the year, even as it expects growth to moderate in the coming...
India set to become upper middle income country by 2030: SBI Research
Business

India set to become upper middle income country by 2030: SBI Research

New Delhi, Jan 19: India is set to touch $4,000 per capita income in another four years in 2030 to transition to an upper middle income country and join China and Indonesia at current classification, an SBI Research report said on Monday.India took 60 years since independence to reach $1...
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