Daikin AC: World’s No. 1 air-conditioner maker to expand capacity in India
Daikin Industries Ltd., the world's largest air conditioner manufacturer, plans to expand in India due to increasing demand. The company aims to build a new plant near its existing factory in southern India. Daikin targets to double its sales in India by 2025 and increase production for global exports by 2026. Key Points
Economic TimesHigh-tech warships, next-gen tanks: Indian Army and Navy to get Rs 1.3 lakh crore firepower to combat Chin
The government is preparing to approve significant defence projects worth Rs 1.3 lakh crore, including the construction of seven advanced warships for the Navy and the acquisition of 1,700 new tanks for the Army. The Defence Acquisition Council's upcoming meeting will focus on these high-profile projects, which aim to enhance national security and advance India's defense capabilities under the 'Make in India' initiative. Key Points
Economic TimesThe Tribune Corporate Broadband: SBI Life Insurance tie-up
SBI Life Insurance has tied up with the Paralympic Committee of India for the Paris 2024 Paralympic Games. It aims to spread awareness about the importance of insurance. Umeed Niketan at Palam The Indian Air Force has inaugurated Umeed Niketan... Key Points
The TribuneNo golds for India: Why the world’s most populous country punches below its weight at the Olympics
India, the world’s most populous country, is a serial underperformer at the Olympic Games. Here’s why. Key Points
CNNIMF's Gita Gopinath shares key reforms India needs for economic growth
Dr Gita Gopinath discussed various aspects of the economy and the steps the government can take to boost growth, particularly in light of the IMF's medium-term growth projection of around 6.5% for India. Key Points
India Today
Independence Day: No, India did not get complete independence in 1947. Here's why
Independence Day history: On August 15, 1947, India gained dominion status, not full independence. Jawaharlal Nehru became Prime Minister, with George VI as King. The Indian National Congress accepted this as a temporary measure, expecting full sovereignty would follow. In 1950, India achieved complete independence by adopting a republican model of governance. Key Points
Economic TimesIndependence Day Speech: PM Modi says world looking to invest in India as govt committed to big reforms
Prime Minister Narendra Modi reiterated his government's unwavering dedication to economic reforms on India's 78th Independence Day, emphasizing the transformational changes in banking, manufacturing, and skills development. He outlined a vision for a developed India by 2047, stressing that reforms are not driven by compulsion but by a commitment to national interest and growth. Modi highlighted achievements such as strengthened formal economy, improved credit access, and empowerment of citizens, underscoring the importance of good governance and modern infrastructure for progress. Key Points
Economic TimesFoxconn chairman meets PM Modi, discusses investment plans in Karnataka, Tamil Nadu, Andhra
New Delhi [India], August 14 (ANI): Prime Minister Narendra Modi on Wednesday met Young Liu, Chairman of Hon Hai Technology Group (Foxconn) and highlighted the opportunities India offers in the futuristic sectors. The Foxconn chairman also discussed with PM Modi the company’s investment plan in states such as Karnataka, Tamil Nadu and Andhra Pradesh. Show […] Key Points
ThePrintImportant for people to see India as good friend: Foreign affairs adviser
Dhaka, August 11 Bangladesh's newly-installed interim government on Sunday said it would maintain a "balanced" foreign policy, asserting that Dhaka intends to maintain "smooth and positive" relations with all, including India and China. Govt warns media over ‘misleading’ news Bangladesh's... Key Points
The TribuneModi: India’s growth, stability exception in uncertain world
Aditi Tandon Tribune News Service New Delhi, July 30 In his first post-Budget remarks on Tuesday, Prime Minister Narendra Modi said he was an “exception to the rule of politicians forgetting promises once elections are over”, and assured that India... Key Points
The Tribune
Paris Olympics: Germany beats India 3-2 in penultimate hockey match to progress to final
Despite missing penalties, the team led by Harmanpreet Singh scored the first goal of the match in the first quarter against the German rival who failed to score a goal. However, the German team showed their dominance in the second quarter by scoring two goals against India's one, which India matched in the third quarter. In the final quarter, Key Points
Economic TimesJioFinance announced its entry to the French capital to assist Indian travelers
New Delhi [India], August 6 (ANI): Reliance arm Jio Financial Services Ltd has announced the entry of the JioFinance app in the French capital. The move will assist Indian travelers to transact digitally in the French market, the company said in a release. Show Full Article JioFinance will enable international payments for buying tickets to […] Key Points
ThePrintIndian rupee drops to lifetime low on outflow worries
Rupee opened at 83.78 to US dollar compared to previous close of 83.75. Selloff in US & Asian equities following disappointing jobs report spurred worries of foreign outflows from India. Key Points
ThePrintRadico Khaitan announced as official partner of India House at Paris Olympics 2024
Indian distillery group Radico Khaitan has collaborated with India House, which will accommodate the Indian contingent at the Paris Olympics. Speaking on the collaboration, the company's MD Abhishek Khaitan said that it was a matter of honour for the company. Key Points
India TodayIndian retailer DMart posts 17.5% rise in Q1 profit
BENGALURU (Reuters) - India's Avenue Supermarts, the operator of the DMart retail store chain, posted a 17.5% rise in first-quarter net profit on Saturday. It reported a consolidated net profit of Key Points
ThePrint
India poised to be a superpower by 2047 but...: Top economist Martin Wolf on what could trip country's run
Wolf pointed out that for India to emulate China’s impressive economic growth from the two decades before 2012, it would need to significantly accelerate its GDP growth per head from the current 4.8% to 7.5% annually. Key Points
Business TodayA dragon in the room as Modi breaks bread with Putin today
As Prime Minister Narendra Modi breaks bread with Russian President Vladimir Putin at his dacha on Monday, an invisible dragon, and not an elephant, will be in the room. As Moscow's embrace of Beijing gets tighter, India will look to Russia's influence in modulating China's behaviour. Key Points
India TodayBudget 2024 | Incentives for start-ups, ONDC expansion: What Paytm's Vijay Shekhar Sharma expects from Union Budget
Paytm founder Vijay Shekhar Sharma when asked about the high attrition rate in the company said, “All is well and all is rocking.” The fin-tech founder shared his expectations of the upcoming Union Budget 2024. Key Points
mintIndia-UK FTA: Dynamics set to change after Starmer-led Labour Party's election victory?
India-UK FTA: Keir Starmer's Labour Party is poised to end the 14-year Conservative Party rule in the UK, with Starmer set to become the next Prime Minister. The change in government is expected to have minimal impact on India-UK relations, particularly concerning the Free Trade Agreement (FTA). Starmer's manifesto pledges to pursue a new strategic partnership with India, focusing on finalizing the FTA, marking a departure from previous Labour Party stances. Despite the anticipated shift, the specific timelines for concluding the FTA remain uncertain. Key Points
Economic TimesT20 World Cup: India bowl England out to win by 68 runs, set up final clash with South Africa on Saturday
England captain Jos Buttler won the toss and chose to send India out to bat first, with the Rohit-led side managing a 171 run total on the back of sublime performances from the captain and Suryakumar Yadav. All-rounder Hardik Pandya smashed a late 16-ball 23 to set up the chase. Chris Jordan was the stand out performer for the Brits, grabbing three wickets in just as many overs, giving away only 37 runs. Key Points
Economic Times
Exporters seek separate division for non-trade issues, faster customs clearance
Exporters requested the establishment of a distinct division within the Commerce and Industry Ministry to address non-trade barriers, particularly those related to environment and sustainability. During their discussion with Union Minister Piyush Goyal, they also highlighted concerns about Chinese goods entering India via the ASEAN free trade agreement. Key Points
Economic TimesExceptionally hot summer & low reservoir levels to likely impact vegetables, fruit crop: RBI
The Reserve Bank of India (RBI) warned on Wednesday that the exceptionally hot summer and low reservoir levels could stress the summer crops of vegetables and fruits, potentially disrupting efforts to control inflation. Governor Shaktikanta Das highlighted that while overall inflation eased, food prices remain volatile and elevated, complicating the inflation battle. Key Points
Economic TimesThe Anglosphere is cornering India on Khalistan. What lies ahead
India faces opposition from developed countries in countering Khalistani separatists, with strong resistance from the Anglosphere. The Five Eyes spy network, including the US, UK, Canada, Australia, and New Zealand, provided intelligence for allegations against India. The Modi government's strong stance on national security complicates ties with countries like Canada, the US, and Australia. Key Points
Economic TimesMother of all IPOs: Hyundai Motor India files draft papers with SEBI for IPO of almost $3 billion
This IPO would be the first by an automaker in India in over 20 years since Maruti Suzuki went public in 2003. Hyundai is the country's second-biggest carmaker after Maruti Suzuki India. Key Points
Business TodayIndiGo, Air India upgrade playbooks to keep up with India's rising middle class
India's rising affluence is driving a significant shift in the lifestyle of the middle class, with a growing preference for premium products and experiences, both on the ground and in the sky. Airlines are capitalizing on this trend by offering luxurious amenities to cater to the surging demand, such as roomier seats, gourmet meals served on designer tableware, and lavish vanity kits. Key Points
Economic Times
Indian voters reject Modi’s vision for one-party state in win for competitive democracy
To Modi’s critics and opponents, India was on the fast track to becoming a de-facto one-party state. Voters have now changed that. Key Points
CNNHeatwave kills 56 in parts of India, rain likely in Delhi today
At least 56 people have died in India so far due to heatwave as scorching temperatures swelter most parts of the country. The India Meteorological Department, meanwhile, has forecast that the conditions are expected to abate gradually over the next two to three days and rain is likely in Delhi today. Key Points
India TodaySupport to farmers, food security, outdated data — WTO members question India’s agriculture policies
WTO's Committee on Agriculture met last week in Geneva. During this meeting, members could question each other on agricultural policies that potentially impacted trade. Key Points
ThePrintIndia leaders to meet on June 1, days before Lok Sabha election results: Report
As per the report, the leaders will review and discuss the coalition's future course of actions. The election results will be declared on June 4. | Latest News India Key Points
Hindustan TimesEsab India Q4 Results Live : profit rise by 5.71% YOY | Company Business News
Esab India Q4 Results Live : Revenue increased by 13.01% YoY & profit increased by 5.71% YoY Key Points
mint
Brazil, Canada, EU urge India to submit timely notifications on sugar subsidies in WTO
A group of WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said. The issue came up for discussion during the meeting of the WTO's agriculture committee on May 23-24 in Geneva. Key Points
Economic TimesIndia seen to emerge as an economic superpower in impending problem-ridden global financial landscape
Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and reduced international trade as key risks. The IMF's Global Debt Monitor reveals global debt at $235 trillion, or 238% of global GDP, raising fears of a debt crisis. Fiscal prudence may suffer as many nations face elections this year. Key Points
Economic TimesIndia, UK reaffirm FTA commitment at Strategic Dialogue
The two sides have held 13 rounds of talks on FTA. India and Britain have reaffirmed their commitment to conclude a mutually beneficial free trade agreement (FTA)... Key Points
The Tribune IndiaAutomakers make hay as car leasing gains momentum
The passenger vehicle subscription and leasing models are gradually gaining momentum in the country. To cash in on the growing demand, Kia India is the... Key Points
The Tribune IndiaIndia should sign more FTAs, cut tariffs: Niti CEO
India needs to sign many more free trade agreements (FTAs) with other countries and reduce tariffs to compete with the rest of the world, Niti Aayog CEO... Key Points
The Tribune India
Kejriwal, Akhilesh to hold joint press conference today
Kejriwal’s visit come as the India bloc intensifies its campaign against the ruling NDA. AAP UP convener Sanjay Singh will also be present with Kejriwal. Key Points
Hindustan TimesMann ki Baat: Chandrayaan-3 living example of women power, says PM Modi
Mann ki Baat: Chandrayaan-3 living example of women power, says PM... Key Points
The Tribune IndiaIndia showcases its green hydrogen potential at World Hydrogen Summit 2024 in Netherlands
New Delhi [India], May 14 (ANI): For the first time, India has set up its pavilion, at the World Hydrogen Summit 2024, being held in Rotterdam, Netherlands, during May 13-15. The India Pavilion, set up by the Ministry of New and Renewable Energy is said to be one of the largest pavilions at the Summit. […] Key Points
ThePrintMaldives Defence Minister admits their pilots can't fly aircraft given by India
The Maldives military is facing a capability gap after acknowledging a lack of pilots qualified to operate three aircraft donated by India. This comes just days after the departure of Indian defence personnel who operated the aircraft. Key Points
India TodayDay after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights
About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday. Key Points
ThePrint
Apple says India is an exciting market and it will have to make more iPhones here
Apple CEO Tim Cook has expressed his enthusiasm for the Indian market, highlighting it as a major focus area for the company. He highlighted the necessity of local production to maintain competitiveness, revealing Apple's goal to expand its operations in India. Key Points
India TodayIndia growth story to benefit Japan's firms, says Nomura
With the Indian economy maintaining high growth, Japanese corporations are showing more interest regarding investment in India, according to Nomura. Manufacturing sectors have been the main driver of Japanese direct investment in India to date, with transport equipment accounting for 35.1% of direct investment in the country, machinery equipment for 10.5%, and chemicals and pharmaceutical for 6.5% as of end-2022. Key Points
Economic TimesShaping Indian startups: Top 10 women investors to watch out for in 2024-25
New Delhi [India], April 24 (ANI): The world is celebrating ‘International Girls in ICT Day 2024’ on April 25 this year. Although women now fill 40 per cent of high-skill occupations globally, their participation in ICT-related fields continues to be low. India, which has the world’s 3rd largest startup ecosystem, has seen exponential growth in […] Key Points
ThePrintIs Maldives vote a victory for India Out?
The absolute majority for Maldivian President Mohamed Muizzu's party, the People's National Congress, in the parliamentary elections is being seen as a setback for India. Experts say it's not a vote against India. However, they warn of the risks of growing Islamic radicalisation. Key Points
India TodayIMF applauds India for maintaining fiscal discipline in election year
Washington, Apr 19 (PTI) The International Monetary Fund has applauded India for maintaining fiscal discipline in an election year, saying that the Indian economy is doing well and continues to be the world’s bright spot. “At this point in time, India’s economy is doing well. Growth at 6.8 per cent is very good. Inflation’s coming […] Key Points
ThePrint
Mann ki Baat: Chandrayaan-3 living example of women power, says PM Modi
Mann ki Baat: Chandrayaan-3 living example of women power, says PM... Key Points
The Tribune IndiaIndia-US jet engine deal is revolutionary, says Defence Secretary Lloyd Austin
General Electric signs a memorandum of understanding with Hindustan Aeronautics. The India-US deal to jointly produce fighter jet engines for the Indian Air Force... Key Points
The Tribune India'India may still be poor': Former RBI guv Subbarao says 3rd-largest economy tag no cause for celebration
With a per capita income of $2,600, India is in the 139th position in the league of Nations in terms of per capita income. And the poorest among BRICS and G-20 nations, he further pointed out. Key Points
Business Today‘Elon Musk will bring new space revolution in India and boost EV industry,' lauds, DG Indian Space Association
Lt. Gen. AK Bhatt (Retd.), Director General of the Indian Space Association, lauds Elon Musk for pioneering disruptive technologies in space exploration, recognizing his role in democratizing the sector. Key Points
mintWe see 5G adoption happening in India with new use cases: Borje Ekholm, CEO, Ericsson
From a global perspective, we knew India had an unprecedented pace of build-up last year and it was expected that it would come down this year. So that is perfectly in line with what we expected. The interesting thing is we see an adoption of 5G happening in India. Key Points
Economic Times
Govt reportedly expediting Starlink's license ahead of Elon Musk's India visit. All we know so far
Elon Musk to visit India for 48 hours, making key announcements related to Tesla and Starlink. DoT expediting granting license to Starlink service, considering security issues. Musk expected to meet PM Modi and other officials, seeking reduction in import duties on electric vehicles. Key Points
mintEuropean Union, India join hands to nurture startups in electric vehicle battery recycling field
Collaboration aims to boost the cooperation between European and Indian small and medium-sized enterprises. In a fillip to the country’s Electric Vehicle... Key Points
The Tribune IndiaIHLD partners with Krafton India to detect active tuberculosis cases in UP, Uttarakhand
India aims at eliminating the disease 5 years ahead of Sustainable Development Goals target of 2030. The Institute of Heart and Lung Diseases Research Centre... Key Points
The Tribune India