MANUFACTURING COOPERATION
Price gets in the whey of Indians’ daily protein fix
International whey protein concentrate prices are decreasing, but Indian prices have not softened significantly. Demand for protein supplements is growing in India, driven by heightened consumer awareness. Retail prices for whey concentrate remain elevated, influenced by tight inventories and import costs. Producers are urged to invest in local whey processing infrastructure to meet domestic demand. Overall, protein consumption is now extending beyond traditional fitness enthusiasts to a wider audience.
PM in Manila: Aligning act east, Indo-Pacific & MAHASAGAR policies
Prime Minister Narendra Modi will visit Manila for the ASEAN Summit, focusing on strengthening India's partnerships. The growing competition in the Indo-Pacific requires ASEAN countries to seek reliable collaborations with India. Maritime cooperation, educational exchanges, and renewable energy initiatives are critical areas for future collaboration.
New multipolar world marked by sharp competition, transactional approach taking shape: Jaishankar
A multipolar world order is emerging with increased competition and many autonomous decision-making countries. External Affairs Minister S. Jaishankar emphasized the need for stronger national capacities in response to global changes. He highlighted India's past missed opportunities in manufacturing from the 1960s to the 1990s. Jaishankar noted that the US-China competition significantly contributes to global volatility and uncertainty.
Goyal in Egypt: Both sides to discuss increasing cooperation in infra, mnfg, logistics
Commerce and Industry Minister Piyush Goyal will visit Egypt for two days to enhance trade relations. He will engage in discussions to facilitate business participation in each other's markets and review the progress of bilateral trade. Over 140 Indian business leaders will accompany him to explore opportunities in various sectors. Meetings with Egyptian officials and business representatives are scheduled to reinforce economic cooperation.
FICCI calls for comprehensive India-Africa trade framework
India and Africa are encouraged to develop a comprehensive trade arrangement to enhance economic cooperation. Ficci emphasizes the importance of a predictable framework to address trade barriers and promote investment. With the upcoming visit of Commerce Minister Piyush Goyal to Egypt, both regions aim to strengthen ties. Egypt's strategic location provides opportunities for Indian companies in various sectors.
Singapore barred Alice Huang from re-entry; flags limited US help in Megaspeed probe
Alice Huang, under suspicion of acting as a spy for China, has been denied re-entry into Singapore after presenting misleading information. The government issued a cautionary notice linked to her activities with Megaspeed International during a probe. US authorities offered limited assistance about Supermicro despite requests. In June 2025, her passport was confiscated to guarantee her attendance at proceedings.
Kattappa stabbed Baahubali, but India won't: Piyush Goyal's message to a world full of betrayals
Piyush Goyal Katappa video: Piyush Goyal has invoked the famous Kattappa-Baahubali question from SS Rajamouli's blockbuster to highlight India's position as a reliable global trade partner. He says countries seeking trustworthy business partners can count on India, which stands by its commitments and never betrays its partners.
GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh
GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.
Use FTAs to build joint ventures, explore investment opportunities: CII President to industry
R Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investment prospects. He noted India's resilient economic growth, even faced with global challenges like geopolitical tensions and elevated energy prices. The broadened scope of India's FTAs promises to enrich economic interactions and spur advancements in emerging technologies such as AI and biotechnology.
CM Yogi Adityanath promotes UP's 'bulldozer brand', invites CNH to manufacture them alongside tractors
Chief Minister Yogi Adityanath advocated for CNH Industrial to manufacture bulldozers in Uttar Pradesh alongside tractors. He emphasised the positive transformation of the state since 2017 under the Modi-led government. Adityanath attributed improvements in law and order to a strong government policy against crime and criminals. The state has become a favorable destination for business investments, attracting foreign companies. He acknowledged local contributions to the region's development, especially in Jewar.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
CII summit puts spotlight on Naidu's importance as key NDA ally, Centre's show of strength
The CII Partnership Summit is scheduled for November 12-13 in Visakhapatnam, featuring key Union ministers and the Vice-President of India. This event aims to solidify N Chandrababu Naidu's role as a crucial ally of the NDA. Naidu will deliver the keynote address while discussions will focus on various economic issues. Ministerial participation will showcase potential investment opportunities in Andhra Pradesh.
Central Asia's biggest state holds mega business meet in USA
The forum was organized by Kazakhstan’s Ministry of Foreign Affairs in cooperation with the Atameken National Chamber of Entrepreneurs and the U.S. Chamber of Commerce on the sidelines of the B20 Summit on Nov. 9. It brought together government officials, national companies, financial institutions and business representatives from both countries, including representatives of more than 100 American enterprises, according to a report in The Astana Times.
China’s trade surplus tops $1 trillion for second straight year as exports surge
China's trade surplus reached $1.04 trillion in January-October, crossing $1 trillion for a second consecutive year. October exports rose 35.2% year-on-year, while imports grew 41.6%, narrowing the monthly surplus to $105.3 billion. Strong overseas demand is supporting exports, but weak domestic consumption and rising trade tensions pose risks to the outlook.
Iran Russia secret arms deal: Moscow to supply 90 helicopter launchers used by Russian forces in Ukraine for precision missiles, FT reports
Iran is reportedly set to acquire 90 Russian launchers designed for use with Mi-28 helicopters and precision missiles. The ongoing military cooperation between Russia and Iran has raised international concerns amidst Russia's conflict in Ukraine. Recent documents linked to Russian defense production outline planned exports, including additional aircraft and weapon systems for Iran. There remains uncertainty regarding the actual delivery of the launchers despite the reported export orders.
PM Modi asks new NITI Aayog team to craft ideas to improve lives of India's poorest
Prime Minister Narendra Modi has asked the new NITI Aayog leadership to develop transformative ideas to improve the ease of living for marginalised people while advancing India's long-term development goals. He called for greater collaboration with research institutions and state governments, and urged officials to assess conditions on the ground.
"Allegation is baseless...no evidence provided": CJP's Saurav Das hits back at Jitendra Singh over foreign funding claims
The escalating war of words followed statements by Union MoS Jitendra Singh, who alleged that CJP activists are being funded by unauthorised foreign sources, deep state operatives, and anti-India organisations operating within and outside the country.
EAM Jaishankar meets Guyana President, announces $500 million Line of Credit extension
S Jaishankar recently met with Guyana President Irfaan Ali to review their bilateral cooperation agreements. They discussed the implementation of a UPI-like system and the extension of a USD 500 million Line of Credit. Additionally, agreements were signed for manufacturing projects and Quick Impact Projects in Guyana. Jaishankar also engaged with leaders from Australia and the United Kingdom to strengthen economic partnerships.
Renewable energy key to India's energy security, German envoy Jasper Wieck says
Germany underscores the critical role of renewable energy in fortifying energy security for India. During recent discussions, German Ambassador Jasper Wieck highlighted the necessity for India to domestically produce solar panels and batteries. The Bharat Renewable Energy Summit is instrumental in establishing partnerships between Indian and German firms for local production.
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