INDIA
India's FTAs: A trick for foreign investment or a shield for local jobs?
India is actively pursuing Free Trade Agreements to boost market access and shield its businesses. These pacts target complementary economies, aiming to secure a level playing field for Indian exporters. FTAs also focus on services, talent mobility, and investment. Modern trade dimensions like technical barriers and environmental standards are addressed.
India aims to co-develop, co-design, co-produce, co-manufacture: MEA on Rafale deal with France
India is boosting its defence manufacturing through the 'Make in India' initiative. Discussions with France focus on co-developing and co-producing Rafale fighter jets. This significant deal aims for substantial local production. India seeks to enhance its indigenous capabilities and address fighter aircraft shortages. The agreement will see Rafale aircraft manufactured outside France for the first time.
India seeks French investments in manufacturing
Commerce Minister Piyush Goyal invited French companies to invest in India. He emphasized India's large talent pool and manufacturing capabilities. Goyal stated India is a trusted partner in the current global economic climate. Prime Minister Narendra Modi is in France for discussions and the G-7 Summit. Bilateral trade between India and France saw a slight increase.
“Innovation is in India’s DNA,” says PM Modi at Bharat Innovates event in France
Speaking at Bharat Innovates 2026 in France, PM Narendra Modi declared India is now a major global innovation center, actively contributing to worldwide solutions. He stressed that innovation is deeply embedded in India's culture. Modi also reassured attendees that the government is committed to continuous reforms to boost economic growth and attract investment.
In most aggressive phase of India expansion; here for long-term market wins: Amazon India head
Amazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already committed, India head Samir Kumar said. The company is ramping up investments in e-commerce, AI, exports and quick commerce through Amazon Now, while targeting 100 cities and 1,000 micro-fulfilment centres.
Quarter after quarter, year after year, India is fastest growing economy: FM Sitharaman
Finance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi of undermining the country's achievements by repeatedly predicting crises that have not materialised.
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Which channel will show FIFA World Cup 2026 in India? Know Where to watch FIFA matches live free in India
Know How to watch FIFA World Cup 2026 free in India: Fans in India can catch the FIFA World Cup 2026 on various platforms like ZEE channels and the Zee5 app. Selected matches, including the opener and knockout stages, will be free on DD Sports. The tournament started with Mexico facing South Africa. Indian viewers can expect varied match timings due to North American time zones.
India known as nation with world's largest healthcare programme: PM Modi
Prime Minister Narendra Modi said India has made healthcare more affordable and accessible over the past 12 years through initiatives such as Ayushman Bharat and the PM Bharatiya Jan Aushadhi Pariyojana. He highlighted lower-cost medicines and medical devices, expanded medical education, and progress in tackling diseases like tuberculosis.
El Niño is here, but can the Indian Ocean Dipole save India's monsoon?
El Niño conditions have developed in the Pacific Ocean. This weather pattern often leads to less rain and hotter temperatures in India. Farmers and water resources could be affected. However, another climate pattern, the Indian Ocean Dipole, might help. A positive Indian Ocean Dipole could bring more rain. Experts are watching both closely to predict the monsoon's outcome.
Hurdles behind India's supertall buildings & vertical ambitions
India's urban growth is rapid, yet only one building crosses the 300-meter supertall mark. Fragmented regulations and infrastructure gaps hinder taller constructions. Developers face higher costs and extended timelines for supertall projects. While supertalls offer efficient land use, the focus remains on addressing affordable housing and essential urban services for the next two decades.
India now has 2.3 lakh startups, generated 25 lakh jobs: Union minister Jitendra Singh
India's startup sector has created 25 lakh jobs in the last decade, becoming a major economic force. From just a few hundred startups in 2014, India now boasts 2.3 lakh startups, ranking third globally. These ventures are expanding beyond major cities, fostering innovation and entrepreneurship across the nation.
India, Nepal discusses cross-border rail connectivity
India and Nepal have discussed cross-border railway links, including passenger services on the Janakpur-Ayodhya route, during recent joint meetings. Discussions also covered the Raxaul-Kathmandu broad gauge railway link and the implementation of lines developed with Indian assistance, alongside technical support for Nepal's East-West Railway Link.
FIS recognises BSSA as national body for ski and snowboard in India
Ski Snowboard India has been disaffiliated by the International Ski and Snowboard Federation (FIS). The Bhartiya Ski and Snowboard Association (BSSA) has now been granted full membership as India's recognized national federation. This decision resolves a four-year dispute, paving the way for structured development and greater international opportunities for winter sports in India, according to Olympian Arif Khan.
India's productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: Report
India's labour productivity gap with China has widened significantly since 2000, despite strong economic growth. The country has yet to achieve an industry-led productivity transformation seen in peers like China and South Korea. Structural constraints, economic disruptions, and the pandemic have hampered progress, with a need for deeper reforms beyond current initiatives.
India has capacity to repay 94% of its foreign debt in a single day, says Devendra Fadnavis
Maharashtra CM Devendra Fadnavis dismissed economic slowdown fears, stating India can repay 94% of foreign debt in a day and has reserves for 11 months of imports. He highlighted India's robust GDP growth, remaining the world's fastest-growing economy despite recession predictions, and its emergence as the fourth-largest economy.
Grid India seeks steering panel for market coupling
Grid India suggests a steering committee for power market coupling. This body would include CERC, Grid India, and power exchanges. The move contrasts with the regulator's draft norms proposing a single operator. Grid India cites European experience and potential single points of failure with a sole operator. This approach aims for efficiency and transparency in the electricity market.
Countering maritime contestation: India, France set to deepen undersea defence capabilities
India and France are set to strengthen defense cooperation. Prime Minister Narendra Modi's visit to France will focus on accelerating key military projects. This includes acquiring more submarines and fighter jets. Both nations aim for increased indigenization and co-development in defense manufacturing. The discussions will cover expediting submarine procurement and fighter jet deals.
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculation
One year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal June 12, 2025, accident, which killed 260, is ongoing. Disputes over compensation and legal challenges continue, while technical analysis of the aircraft's engines remains a key factor in the delayed final report.
India's retail inflation quickens to 3.93% in May amid high food & fuel prices
India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation reading under the new CPI series. Despite the rise, inflation stays below the Reserve Bank of India's 4% target for the 16th month. Policymakers have room to support growth.
Is India's economic growth real? Raghuram Rajan says something is off
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict.
Amazon leveraging own charging infrastructure to grow electric delivery fleet in India
Amazon is relying largely on charging infrastructure at its own delivery stations to power its growing electric vehicle fleet in India, even as it works with partners to expand charging networks and greener transport options.
India waives excise duty on petrol with higher ethanol
India's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended into the fuel, encouraging a greener approach to transportation and potentially lowering prices at the pump for everyone.
World Bank Raises India's FY27 Growth Forecast to 6.6%
India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US tariffs and anticipated benefits from new free trade agreements. While external demand may weaken due to global conflicts, domestic demand and export growth are expected to pick up.
India's strong growth keeps state finances stable despite deficits, rising debt: S&P
India's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growth is boosting revenues. This expansion is expected to keep credit risks manageable. State governments are crucial for development, handling significant public expenditure.
European traveller shares India medical testing experience: Mumbai clinic visit, blood tests and test results
A European traveler's positive experience with India's efficient medical testing system has gone viral. Liza shared how she received a rapid blood test in Mumbai with minimal waiting, receiving her results digitally within 24 hours. While the cost was noted as slightly high, the convenience was highlighted.
Asus to scale up production in India to 20-30 pc, start making gaming laptopsin India
Asus is set to significantly boost its laptop production in India. The Taiwanese tech giant plans to manufacture 20 to 30 percent of its laptops locally within the current financial year. This expansion includes the introduction of gaming laptop production in India. Asus aims to be the first brand to locally produce gaming laptops, starting with its TUF gaming series.
India is set to rewrite its oil destiny, moving from risk to leverage
In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player on the world stage. This partnership promises enhanced storage solutions and ensures the nation's energy supply is more secure than ever.
Why India is the centerpiece of LG's multi billion-dollar vision for the Global South
LG India growth strategy and consumer electronics market expansion: LG Electronics is targeting a significant revenue increase in India, Saudi Arabia, and Brazil by 2030. India is a crucial market, offering opportunities for both new buyers and upgrades. The company is adapting its products and manufacturing to meet local needs. This strategy aims for profitable and sophisticated growth in emerging economies.
Air India's long history as it continues to face fallout from deadly crash
Investigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time. This incident marked the world's deadliest air disaster in a decade. Air India has a long history, founded in 1932. The airline is undergoing significant changes and fleet expansion.
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