BUSINESS
India's Forex Reserve at Record High, Credit Rating Improved to Stable in Two Decades, says PM Modi
Addressing The Economic Times World Leader Forum in New Delhi, he also highlighted that S&P Global Ratings has upgraded India's long-term sovereign credit rating for the first time in 20 years.
Oil Purchases Serve Both National and Global Interests by Stabilising Prices, says EAM Jaishankar
He argued that India’s crude oil imports from Russia are not only vital for its own economic needs but also play a stabilising role in the global market.
Trade talks on with US but interest of farmers and small producers our priority, says EAM Jaishankar
Speaking at the 'Economic Times World Leaders Forum 2025' here, Jaishankar reaffirmed that the discussions with the US are going on.
India Aims for Defence Export Milestone of ₹50,000 Crore by 2029
Defence Minister Rajnath Singh pointed out that exports of only Rs 686 crore in 2013-14 went up to Rs 23,622 crore in 2024-25, with defence products exporting nearly to 100 nations across the globe.
India-China Trade: Exports Surge 20% in First Quarter of FY26
All four months in the period recorded higher exports outward than the corresponding period last year, reflecting a steady upward trend despite glitches in international trade.
Trump Announces Intel Deal: U.S. to Acquire 10% Equity Stake
The deal includes the U.S. buying a 9.9% stake in Intel for $8.9 billion, or $20.47 per share—about $4 lower than Intel's Friday close of $24.80. The government will buy 433.3 million shares, paid for with $5.7 billion in unspent CHIPS Act grants and $3.2 billion set aside for Intel through the Secure Enclave program.
PM Calls on Private Sector to Foster 5 Unicorns and Achieve 50 Rocket Launches Per Year Over Next 5 Years
During a virtual address on National Space Day; he said private sector players should increase rocket launches from five to 50 a year.
CBI Conducts Raids at Anil Ambani-Linked Properties Following ED Action in ₹2,000 Crore Bank Fraud Case
The operations, which were conducted at several locations in Mumbai, were found to be connected with an on-going alleged scam that reportedly caused losses of over Rs 2,000 crore to State Bank of India (SBI), sources added.
Send your engineers back to China immediately: Foxconn instructed ahead of iPhone 17 launch
Quoting sources close to the issue, the report observes that Beijing reportedly instructed Foxconn chairman Young Liu to prepare a detailed report of the investments made by the company in India. The move comes at a time when Apple's iPhone 17 series is set to be launched in September 2025.
Japan to Boost Investment in India, Raising Target to $68 Billion
Indian Prime Minister Narendra Modi and Japanese Prime Minister Shigeru Ishiba are likely to make the new target official at their meeting in Tokyo on August 29, Japan's The Asahi Shimbun report said. The action follows Japan's existing goal of investing 5 trillion yen in five years, initially announced in March 2022 by then-Prime Minister Fumio Kishida during his India visit.
Don't Miss
Advertisement