Suva (Fiji), Jan 24 (IANS) India has reaffirmed its long-term commitment to Fiji and the wider Pacific, highlighting that the bilateral relationship of the two nations is entering a new phase of cooperation built on trust, shared values and people-to-people ties, according to Fijian media.Speaking during India’s Republic Day reception held at Fiji’s Novotel Lami on Friday night (local time), Indian High Commissioner to Fiji Suneet Mehta said India and Fiji were working together to shape a future…
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New Delhi, Jan 22 (IANS) The government will likely unveil Budget 2026 with roughly Rs 53.5 trillion worth of total expenditure, a capital expenditure growth of about 15 per cent and a fiscal deficit target of 4.2 per cent, a report projected on Thursday.The report from investment management firm OmniScience Capital said that tax revenues are projected to grow about 10 per cent year‑on‑year in FY27 on a nominal GDP growth assumption of around 9 per cent.Non‑tax receipts are also expected t…
New Delhi, Jan 22 (IANS) A FICCI pre-Budget survey on Thursday reflected strong optimism across industry, with nearly 80 per cent of respondents expressing confidence in India’s growth prospects.Nearly half of the participants expect GDP growth to remain in the 7–8 per cent range in FY 2026–27, reaffirming faith in India’s medium-term fundamentals despite persistent global uncertainties.According to the FICCI survey, industry also underscored the importance of fiscal prudence, with aroun…
Bhubaneswar, Jan 20 (IANS) Chief Minister Mohan Charan Majhi has asserted that the economy of Odisha is now future-ready and on course to become an industrial powerhouse. In an official statement on Tuesday, the state government described the recent investors’ meets in Hyderabad and Kolkata as a massive success, attracting investments worth Rs 1.67 lakh crore and generating 1.46 lakh job opportunities.“Odisha’s journey from a traditionally resource-driven economy to a future-ready industri…
New Delhi, Jan 20 (IANS) India and Namibia held the fifth round of Foreign Office Consultations (FOC) in New Delhi on January 19-20, agreeing to further strengthen bilateral ties in key areas like health, Digital Public Infrastructure (DPI), agriculture, defence and critical minerals. Janesh Kain, Joint Secretary (East and Southern Africa) at the Ministry of External Affairs (MEA) and Ambassador Charles Josob, Acting Head of Department for Bilateral Relations and Cooperation in Namibia’s Ministr…
Mumbai, Jan 20 (IANS) Early results from India Inc’s December quarter showed a muted earnings season as one‑time charges tied to the new labour code and other transitional costs weighed on profits, industry analysts said.About 10 Nifty 50 firms have reported their results so far, mostly IT companies and few banks. Analysts said there were no upside surprises in the results, with most companies delivering mixed results or falling short of expectations.A major drag on corporate earnings was th…
Seoul, Jan 19 (IANS) South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni were set to hold summit talks on Monday, during which they are expected to focus on cooperation in the fields of trade, investment and cutting-edge technologies, including artificial intelligence.Meloni arrived in South Korea on Saturday for a three-day official visit as part of her Asia trip, which also includes stops in Japan and Oman.During the meeting, the two leaders are expected to discuss w…
New Delhi, Jan 17 (IANS) Commerce and Industry Minister Piyush Goyal on Saturday met David Eby, Premier of British Columbia, reaffirming the importance of sustained engagement to unlock new opportunities and deepen ties between India and Canada.In a post on X social media platform, Goyal said he had a productive meeting with Eby.“Discussions focused on strengthening the India-Canada economic partnership, advancing trade and investment cooperation, and exploring collaboration across sectors suc…
New Delhi, Jan 17 (IANS) A “Goldilocks” year is in store for India in 2026 with double‑digit nominal growth falling rates, stable currency, and easing global risks combine to create a fertile backdrop for equities, led by metals, BFSI, capital goods, and defence, a report said on Saturday.The report from HDFC Securities said that 2026 looks forecasted Nifty earnings growth of about 16 per cent for FY27, set a 2026 return expectation of around 11 per cent and put a year‑end Nifty target a…
Thiruvananthapuram, Jan 16 (IANS) Kerala will step onto the global investment stage at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, from January 19 to 23 with a high-level official delegation led by the State Industries Minister P. Rajeeve, as the state looks to convert its recent policy reforms and investment momentum into concrete global partnerships. The six-member delegation includes Chief Secretary A. Jayathilak, Additional Chief Secretary (Industries and Commerce) A…