Kolkata, July 14 (IANS) The Eighth Tranche of Critical and Strategic Mineral Blocks, comprising 20 locations spread across nine States, including 13 newly identified blocks and 7 blocks being offered under the second attempt, will be launched for auction on July 15, 2026. The mineral portfolio includes Molybdenum, Graphite, Glauconite, Rare Earth Elements (REE), Vanadium, Gallium, Titanium, Tungsten, Phosphorite, Potash, Lithium, Caesium, and Rubidium. These minerals are critical for clean energ…
Latest Economic Growth News & Updates
Auckland, July 11 (IANS) Prime Minister Narendra Modi said on Saturday that New Zealand’s space sector has played a significant role in the success of India’s lunar mission Chandrayaan-3.Addressing the diaspora in Auckland, PM Modi recalled how celebrations emerged among the Kiwi-Indian community after the successful landing of Chandrayaan-3 on moon’s South Pole.“India’s Chandrayaan-3, when it landed on the Moon’s South Pole, the whole of New Zealand was dancing that day. And that day, we al…
Auckland, July 11 (IANS) Welcoming Prime Minister Narendra Modi to a grand Indian diaspora event in Auckland, his counterpart, Christopher Luxon, described the visit as “worth the wait” and characterised the occasion as a historical moment, noting that he had never experienced such an atmosphere at one of the country’s premier venues. Addressing the massive, enthusiastic crowd at an Indian community event titled ‘Kia Ora Modi’ in Auckland, Luxon said, “It is great to see you all. What an amazing…
Washington, July 11 (IANS) China has rejected warnings of a new economic “China Shock 2.0,” saying its expanding technological and industrial strength offers countries greater market access, deeper cooperation and new investment opportunities rather than threats.Liu Chang, spokesperson for the Chinese Embassy in Washington, said Friday that China’s emerging technologies and products would advance global development and make advanced technologies more accessible.“Some, however, see it thr…
Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the next phase of Guwahati’s urban expansion will focus on developing a network of interconnected satellite cities to decongest the state capital and improve the quality of urban life. In a post on the social media platform X, Sarma said the proposed urban hubs would support Guwahati’s growing population and economic aspirations while ensuring planned, sustainable development.”The next phase of Guwahati’s urbanisat…
New Delhi, July 9 (IANS) India’s economy is projected to grow 6.6 per cent in FY27, with the country expected to remain among the world’s fastest-growing major economies despite global headwinds, supported by policy measures and strong services exports, a report has said.The report by the Asian Development Bank (ADB) highlighted that its revised FY27 growth projection remains higher than the International Monetary Fund’s (IMF) latest FY27 growth estimate of 6.4 per cent.”Growth will be supported…
Washington, July 9 (IANS) India’s economy remains resilient despite the headwinds of higher global oil prices triggered by the Middle East conflict, the International Monetary Fund (IMF) said as it marginally lowered the country’s 2026 growth forecast to 6.4 per cent while projecting stronger expansion next year as the energy shock eases. The IMF, in its latest World Economic Outlook update released on Wednesday (local time), revised India’s growth forecast for 2026 down by 0.1 percentage point …
Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday invited Australian businesses to partner in India’s growth story across sectors including manufacturing, clean energy, AI, digital economy, etc.This came as PM Modi and his Australian counterpart, Anthony Albanese, participated in the India-Australia CEO Forum in Melbourne. Albanese welcomed PM Modi, and both leaders posed for a photograph. Both leaders also addressed the leading business leaders from India and Australia.Taking to…
New Delhi, July 8 (IANS) Strengthening collaboration with the Institute of Chartered Accountants of India (ICAI) can play a significant role in supporting India’s economic growth and advancing its global trade ambitions, Union Commerce and Industry Minister Piyush Goyal said on Wednesday following a meeting with the institute’s leadership.According to the minister, the discussions focused on expanding cooperation between the government and the accounting profession to facilitate trade and invest…
New Delhi, July 8 (IANS) Public sector giant Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding (MoU) with Indonesia’s PT Krakatau Steel (Persero) Tbk to explore the possibility of setting up a joint venture for manufacturing stainless steel slabs in Indonesia during the high-level engagements between the Indian and Indonesian governments, as part of Prime Minister Narendra Modi’s visit to Jakarta, a SAIL statement said on Wednesday.The proposed collaboration brings…