India is set to witness a landmark moment in its rapidly expanding space sector as private aerospace company Skyroot Aerospace prepares to launch Vikram-1, its first orbital launch vehicle. Ahead of the highly anticipated mission, Prime Minister Narendra Modi extended his best wishes to the company, describing the launch as another significant milestone in India’s...
Indian benchmark equity indices opened on a strong note in early trading on Friday, supported by sustained buying in information technology (IT) stocks and encouraging trends across global financial markets. The positive momentum helped the domestic market recover from recent volatility, with investors showing renewed confidence amid favorable international cues and selective sectoral buying. The...
Former Reserve Bank of India (RBI) Governor Raghuram Rajan has been selected to serve on an important advisory task force established by the United States Federal Reserve, marking another significant milestone in his distinguished career as one of the world’s leading economists. Along with Rajan, two other eminent Indian-origin economists have also been appointed to...
In a major push to strengthen India’s position as a global electronics manufacturing hub, the Union Cabinet has approved a comprehensive incentive package worth ₹62,500 crore aimed at expanding domestic mobile phone manufacturing and developing a stronger electronics supply chain. The decision marks another significant step in the government’s long-term strategy to increase local production,...
India and the United Kingdom have officially brought into effect their landmark trade agreement and the accompanying social security arrangement, marking a major milestone in the economic relationship between the two countries. Prime Minister Narendra Modi described the development as a “significant moment” that reflects the growing strategic and economic partnership between India and the...
The Reserve Bank of India (RBI) has taken a significant step toward strengthening its institutional governance by approving a comprehensive governance framework designed to enhance strategic planning, accountability, transparency, and risk oversight within the central bank. The decision was taken during a meeting of the RBI’s Central Board, reflecting the institution’s continued efforts to modernize...
The Central government has strongly dismissed allegations that rice worth ₹1,160 crore was diverted for ethanol production in Madhya Pradesh, describing the claims as inaccurate and misleading. Officials clarified that the country’s ethanol blending programme operates under a transparent and well-regulated framework, with strict monitoring mechanisms in place to ensure that food security is not...
Indian benchmark equity indices witnessed a weak start to trading as escalating crude oil prices and cautious global market sentiment prompted investors to reduce exposure to equities. The domestic market came under selling pressure across several key sectors, reflecting growing concerns over inflationary risks, corporate earnings, and the broader economic outlook. The benchmark BSE Sensex...
India and the United States are taking significant steps to strengthen their economic relationship as both countries work towards an ambitious target of expanding bilateral trade to $500 billion over the coming years. The initiative reflects a broader commitment to deepen cooperation across multiple sectors, including trade, technology, defence, energy, manufacturing, and investment, while negotiations...
Ahmedabad: As India’s creator economy continues to expand, a new Ahmedabad-based startup is looking to transform how experts, professionals and influencers connect with their audiences. ConnectingI has launched a dedicated platform that enables verified professionals to monetise one-on-one private conversations while retaining 100% of the income they earn from each paid message. The platform has...