Indian Prime Minister Narendra Modi is in the UK to sign a free trade deal expected to lead to a multi-billion pound boost in exports. UK cars and whisky will be cheaper to export to India and Indian textiles and jewellery cheaper to export to the UK under the agreement, which also commits to a…
The net foreign direct investment (FDI) in India — which is the difference between gross inflows and outflows– declined sharply by 98.2 per cent to $ 40 million in May 2025 from $ 2.2 billion in May 2024, on higher repatriation/divestment and outward investments from the country, RBI data showed. For May 2025, repatriation/divestment stood…
NASA’s newest mission, TRACERS, soon will begin studying how Earth’s magnetic shield protects our planet from the effects of space weather. Short for Tandem Reconnection and Cusp Electrodynamics Reconnaissance Satellites, the twin TRACERS spacecraft lifted off at 11:13 a.m. PDT (2:13 p.m. EDT) Wednesday aboard a SpaceX Falcon 9 rocket from Space Launch Complex 4…
India is pulling out all the stops to enter agreements with countries are rich in rare earth minerals, critical for a diverse set of industries ranging from EVs to military drones, as China tightens control on super-strong magnets made from these metals. While India already has some form of agreements in place with at least…
South Korea avoided a technical recession as its economy expanded by 0.6% from the previous quarter, beating expectations, according to advance estimates. This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the first quarter. On a year-over-year basis, the country’s GDP rose 0.5%,…
Export of electronics/electrical goods from Chennai airport increased by 80 per cent to 1,859 tonnes in June 2025 as against 1,033 tonnes in the same month last year, data shows. Read More…
The latest National Telecom Policy (NTP-25) has listed down creating a million jobs and covering the entire population through 4G services as among its key goals to be reached by 2030. Read More…
India is set to become the world’s third-largest economy by 2028 and see its gross domestic product (GDP) double to $10.6 trillion by 2035, a report by Morgan Stanley said on July 23. The country’s growth will be drive by its states, with three to five states, including Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh and…
The Asian Development Bank (ADB) has revised downwards India’s growth forecast for FY26 to 6.5 per cent from the earlier 6.7 per cent in its latest July 2025 report, citing the effects of US tariff policies. India will continue to be one of the fastest-growing major economies in the world, ADB said. “This revision is…
The restructuring of tariffs by the US has led to a shift in the list of key product suppliers to the American market, with India emerging as one of the beneficiaries at the expense of China and Canada, an official said on Monday. Read More…