Mumbai, July 10 (IANS) Maharashtra Deputy Chief Minister Eknath Shinde on Friday asserted that the state government is fully committed to building a safe, capable, and developed Maharashtra. Replying to last week’s resolution in the Legislative Council, Shinde emphasised that the administration has accorded top priority to disaster management, infrastructure expansion, law and order, women’s safety, water conservation, and citizen-centric redevelopment.Shinde highlighted that under Mumbai’s mega…
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Washington, July 9 (IANS) The global economy has remained resilient despite the economic shock triggered by the Middle East conflict, with artificial intelligence-led investment and productivity gains helping offset the impact of higher energy and commodity prices, the International Monetary Fund (IMF) said on Thursday, while cautioning that uncertainty remains exceptionally high.Speaking at the IMF’s regular press briefing, Julie Kozack, Director of the IMF’s Communications Department, said the…
New Delhi, July 9 (IANS) India’s next phase of global capability centre (GCC) expansion will be far more geographically diverse, with Tier-II and Tier-III cities emerging as key hubs of innovation, Finance Minister Nirmala Sitharaman said on Thursday.Addressing the CII National GCC Business Summit 2026 here, the Finance Minister said the first 2,000 GCCs were largely concentrated in metropolitan centres, but the next wave of growth is expected to spread across a wider range of cities as the geog…
New Delhi, July 9 (IANS) The government will take a view on further action against Meta after examining the company’s formal response to a notice issued over Child Sexual Exploitative and Abuse Material (CSEAM) allegedly promoted through paid advertisements on Instagram, IT Secretary S. Krishnan said on Thursday.Speaking on the sidelines of the CII GCC Business Summit here, Krishnan said the Ministry of Electronics and Information Technology (MeitY) is awaiting Meta’s formal reply before decidin…
Gandhinagar, July 9 (IANS) The Gujarat government on Thursday launched the ‘Viksit Gujarat – Data Centre Policy 2026-29’, a dedicated policy aimed at attracting investments in hyperscale data centres, artificial intelligence infrastructure and digital services, with Chief Minister Bhupendra Patel unveiling the policy booklet at a state function in Gandhinagar.Deputy Chief Minister Harsh Sanghavi, Science and Technology Minister Arjun Modhwadia, Chief Secretary Manoj Kumar Das, senior government …
Melbourne, July 9 (IANS) Australian Prime Minister Anthony Albanese on Thursday said that they will keep working with business leaders and universities to grow Australia’s economic ties with India.After meeting Prime Minister Narendra Modi here, Albanese said that together, “we’re growing our economies and backing Australian and Indian businesses”. “The bond between our people has driven so many of our business success stories. And we’ll keep working with business leaders and universit…
Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday highlighted the growing economic partnership between India and Australia, describing the two countries as “natural and trusted partners” amid global uncertainty, while urging businesses from both nations to deepen collaboration across sectors ranging from clean energy and infrastructure to artificial intelligence and education.Greeting business leaders from both countries at the Economic Roadmap Business Reception during the India…
Ankara, July 8 (IANS) President Donald Trump on Wednesday said his tariff policies had triggered an unprecedented wave of manufacturing investment in the United States, arguing that companies across sectors ranging from automobiles to pharmaceuticals and semiconductors were shifting production to America to avoid higher import duties. Speaking at a news conference after the NATO summit in Ankara, Trump said the United States was experiencing the largest industrial expansion in its history, with …
Ankara, July 8 (IANS) President Donald Trump on Wednesday said the United States was experiencing the strongest economic expansion in its history, citing record investment, manufacturing growth and job creation as evidence that his administration’s policies were transforming the country’s industrial base. Speaking at a news conference after the NATO summit in Ankara, Trump argued that the United States had regained its economic momentum and international standing.”It was clear that America is ba…
Bengaluru, July 8 (IANS) Karnataka Chief Minister D.K. Shivakumar on Wednesday chaired a strategic consultation with leaders of more than 150 Global Capability Centres (GCCs), reaffirming the state government’s commitment to strengthening the state’s position as India’s leading destination for multinational innovation and technology hubs. The consultation, titled “KATALYST CONNECT: The Chief Minister’s Meet with Global Capability Centre Leaders”, was organised by the Department of Electronics, I…