India needs lower taxation levels to be competitive: Jaitley

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

New Delhi [India], March 12: Prime Minister Narendra Modi will headline the NXT Summit 2026 in New Delhi today, March 12. PM Modi will inaugurate the Bharat Progress Report and deliver the chief guest's address at the three-day global leadership forum.

Petroleum and Natural Gas Minister Hardeep Puri will give a statement in Lok Sabha on the overall energy position of India amid West Asia conflict that has invariably affected shipping lines.

Kuala Lumpur [Malaysia], March 12: As a strategic move to refresh and strengthen its core vision, Hong Leong Islamic Bank ("HLB Islamic" or the "Bank") is transitioning to a refreshed consumer-facing brand identity, now known as HLB Islamic, and a strengthened core proposition that approaches financial services not as a series of siloed products and transactions, but as total wealth stewardship through a Shariah-principle-guided life-cycle approach known as Hayat @ HLB Islamic. This evolution is rooted in the Bank's new philosophy, 'Timeless Principles Guiding Tomorrow's Wealth', introduced during its 20th anniversary last December to signal a new chapter in wealth stewardship.

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.

Union Minister of Communications Jyotiraditya Scindia said on Wednesday that the government has implemented several measures to prevent damage to drinking water pipelines and other underground utilities during the laying of telecommunications infrastructure.

Union Minister Giriraj Singh stated on Wednesday that India must move towards higher scale, higher value, and 12-month garment manufacturing to achieve a USD 350 billion textile economy. Speaking at a high-level industry interaction in New Delhi, the Minister emphasised that these shifts are essential to expanding exports to USD 100 billion by 2030-31.

The Digital India programme is successfully advancing digital inclusion and strengthening the nation's Digital Public Infrastructure (DPI) through a strategic focus on accessibility and affordability. Union Minister for Electronics and Information Technology Ashwini Vaishnaw said in Lok Sabha today, noting that the initiative has bridged the digital divide by increasing internet access and providing robust digital solutions.

New Delhi [India], March 11: In today's rapidly evolving business landscape, a new generation of entrepreneurs is emerging with ideas that go beyond profit to create meaningful impact. These dynamic leaders are not only building successful enterprises but are also redefining industries through innovation, resilience, and purpose-driven strategies. From embracing technology to addressing real-world challenges, they are shaping businesses that contribute to economic growth while delivering value to society.

Alternative investment funds (AIFs) have transitioned from the margins of the financial system to become an important pillar of India's capital markets, connecting capital with sectors that require it most. Addressing the IVCA Conclave 2026 in Mumbai on Wednesday, Sebi Chairman Tuhin Kanta Pandey stated that the current geopolitical situation serves as a reminder that capital must do more than chase returns. "It must also build resilience," he noted, adding that for India, this creates a larger role for the AIF industry to finance sectors like renewables, logistics, and strategic manufacturing.