After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.
Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.
"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."
The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.
Despite being on the losing side, CSK's Ravindra Jadeja achieved a few personal milestones after scoring 25 runs off 19 balls against RCB.
"Concerned by the situation in the wake of the Earthquake in Myanmar and Thailand. Praying for the safety and wellbeing of everyone," Modi said on X.
Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.
On India, the chart showed that the country charged 52 per cent tariffs on the US "including currency manipulation and trade barriers," and America will now charge India "discounted reciprocal tariffs" of 26 per cent.
"Their Prime Minister just visited -- he's a great friend -- but I told him, 'You're not treating us right. You charge us 52%, while for years, decades even, we've c'harged you next to nothing. It wasn't until seven years ago, when I took office, that we started pushing back, beginning with China.'"
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
India now has 284 billionaires, 13 more than last year, maintaining its position as the third-largest dollar-billionaire hub globally, after the US and China.
With the summer approaching sooner than scheduled, Maharashtra, Telangana, Odisha, and West Bengal have already started experiencing heat waves with temperatures soaring above 40°C.
We have entered a new era in human history, asserts Aakar Patel.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
In a significant move, state-run oil producer Oil India Limited (OIL) has finished drilling its first well in the Andaman sea while Oil and Natural Gas Corporation (ONGC) has just started drilling operations in the area, said officials.
Russian Foreign Minister Sergey Lavrov has confirmed that President Vladimir Putin has accepted an invitation from Prime Minister Narendra Modi to visit India. The visit is currently being prepared, though the dates have not yet been revealed. This visit follows Prime Minister Modi's trip to Russia in July 2024, his first since 2019. The two leaders have maintained regular contact and have emphasized the strength of the Russian-Indian strategic partnership.
The court upheld the guidelines and imposed Rs 1 lakh cost each on the petitioners to be deposited with the CCPA towards consumer welfare.
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
US intelligence agencies have identified China as the primary military and cyber threat to the US, noting that it continues to enhance its capabilities to potentially take control of Taiwan, according to a report by Taipei Times.
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
The two sides are also likely to firm up a currency swap framework and seal several other agreements including one on debt restructuring following talks between Modi and Sri Lankan President Anura Kumara Disanayaka on April 5, people familiar with the matter said.
The Central Bureau of Investigation (CBI) conducted searches at the residence of former Chhattisgarh Chief Minister Bhupesh Baghel in Raipur and Bhilai on Wednesday. The agency also searched the residences of a senior police officer and a close associate of the former chief minister. The CBI is tight-lipped about the matter in which the searches are taking place. Further details are awaited. Recently, the Enforcement Directorate had conducted searches at Baghel's residence in connection with an alleged liquor scam case.
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
Geopolitical tensions, trade policy uncertainties, volatility in international commodity prices and financial market uncertainties pose considerable risks to India's economic growth in the coming year, the finance ministry cautioned on Wednesday. "Global trade continues to be affected by uncertainty in the policy environment... tariff-related developments in multiple countries have heightened trade-related risks, affecting investment and trade flows globally.
'Adventure travel, cultural tours, and wellness retreats are in high demand.'
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
The Indian Navy will conduct a large-scale multilateral maritime engagement exercise with African countries in April, aiming to enhance interoperability with African navies and further strengthen maritime security cooperation. The exercise, titled "AIKEYME" (Africa-India Key Maritime Engagement), will see the participation of several African nations, including Comoros, Djibouti, Eritrea, Kenya, Madagascar, Mauritius, Mozambique, Seychelles, and South Africa. The exercise is part of India's growing engagement with the Global South, as outlined by Prime Minister Narendra Modi's "MAHASAGAR" vision for mutual and holistic advancement in the region.
The minority front of the Uttar Pradesh BJP will distribute 'Saugat-e-Modi' kit to 32 lakh poor Muslims on the occasion of Eid this year.
The maiden Africa India Key Maritime Engagement exercise will be held from April 13 to 18 off the coast of Dar es Salaam, Tanzania.
Led by Josh Hazlewood, RCB produced a dominant bowling performance to crush Chennai Super Kings by 50 runs.
The Indian Navy will conduct a large-scale multilateral maritime engagement exercise with African countries in April, aiming to enhance interoperability with African navies and further strengthen maritime security cooperation. The exercise, titled "AIKEYME" (Africa-India Key Maritime Engagement), will see the participation of several African nations, including Comoros, Djibouti, Eritrea, Kenya, Madagascar, Mauritius, Mozambique, Seychelles, and South Africa. The exercise is part of India's growing engagement with the Global South, as outlined by Prime Minister Narendra Modi's "MAHASAGAR" vision for mutual and holistic advancement in the region.
The earthquake rocked many parts of Thailand including its capital Bangkok, the venue for next week's summit of BIMSTEC regional grouping that is scheduled to be attended by Modi among other leaders.
West Bengal Chief Minister Mamata Banerjee, on an official visit to the United Kingdom, took a refreshing jog in London's Hyde Park, wearing a white saree and her signature white slippers. Banerjee also attended a high tea reception at India House, hosted by Vikram K Doraiswami, the High Commissioner of India to the United Kingdom, bringing together business, cultural, and political leaders to strengthen ties between Bengal and Britain. The discussions centered around fostering economic partnerships and deepening people-to-people connections.
S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 - 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard. The last time the global funds exited Indian shores in droves was back in 2022, when they sold a net Rs 1.41 in the backdrop of Covid-19.
Housing sales are estimated to decline 23 per cent annually to nearly 1.06 lakh units during January-March across nine major cities on subdued demand due to high prices and concern over economic growth, according to PropEquity.
The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.
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