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India's PLI schemes drive Atmanirbhar Bharat vision with Rs1.97 lakh crore
Updated : 1 year, 3 months ago IST
The initiative, launched in November 2020, covers 14 key sectors and has already delivered milestones. The program has catalyzed investments worth Rs1.46 lakh crore (USD 17.5 billion), spurred production and sales of Rs12.50 lakh crore (US$150 billion), and boosted exports to Rs4 lakh crore
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World Bank approves USD 800 million loan for development of Amaravati city
Updated : 1 year, 3 months ago IST
Situated in a well-connected region along India's east coast, Amaravati will be part of a broader metropolitan region that includes two cities, Vijayawada and Guntur.
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Bangladesh receives USD 1.16 billion World Bank financing for inclusive an
Updated : 1 year, 3 months ago IST
The World Bank's Board of Executive Directors approved three operations totalling USD 1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, said a World Bank statement on Friday
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Antony Blinken announces aid of USD 200 million to Sudan at UNSC meet
Updated : 1 year, 3 months ago IST
US Secretary of State, Antony Blinken announced the additional assistance of USD 200 million to Sudan at the United Nations Security Council Meeting.
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India to spend USD 8 trillion on investments in next five years: Motilal O
Updated : 1 year, 3 months ago IST
India is poised to spend a massive USD 8 trillion on investments over the next five years, says a report by Motilal Oswal.
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Central govt. and ADB sign loan agreement of USD 42 mn for coastal protect
Updated : 1 year, 3 months ago IST
The Government of India and the Asian Development Bank (ADB) signed a USD 42 million loan to provide coastal and riverbank protection to increase resilience of local communities and natural ecosystems in the state of Maharashtra.
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"Indian investments creating jobs for Americans as well ": Garcetti highli
Updated : 1 year, 3 months ago IST
Indian companies secured USD 3.4 billion in deals and investments in the US in the past year alone at the SelectUSA Investment Summit, said US Ambassador to India, Eric Garcetti highlighting India's growing role in the US economy.
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SpiceJet settles dispute of over USD 16 million with Genesis
Updated : 1 year, 3 months ago IST
Airline SpiceJet has settled dispute of over USD 16 million with Dublin headquartered Genesis Aircraft Services, commercial aircraft leasing company, the company stated on Thursday.
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Indian Rupee hits record low of 85.07/USD as US Fed signals less rate cuts
Updated : 1 year, 3 months ago IST
The Indian Rupee fell to an all-time low of 85.07 (at the time of filing this report) against the U.S. dollar on Thursday as the greenback gained strength following the Federal Reserve's indication of fewer rate cuts in 2025.
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29-year-old Uzbek man arrested for killing of top Russian general
Updated : 1 year, 3 months ago IST
As per Russia's Investigative Committee, the suspect had been recruited by the Security Service of Ukraine (SBU) and was acting under its orders. The committee also claimed that the suspect had been promised USD 100,000 in cash and the opportunity to escape to live in a European country.<
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"We need to build capabilities to lead India into this new technology era,
Updated : 1 year, 3 months ago IST
Adani said, "We need to build capabilities to lead India into this new technology era if we want to stay at the top of our game and realize our dream of Vikasit Bharat to become a USD 26 Trillion economy by 2047. As we stand on the brink of this new world, we must all ask ourselves how to en
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Despite OPEC+ supply cut, global oil market will be in surplus during 2025
Updated : 1 year, 3 months ago IST
This surplus, though modest, is expected to exert downward pressure on oil prices, with Brent crude likely to average around USD 71 per barrel next year.
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