Washington, May 6 (IANS) US President Donald Trump said “Project Freedom” — the American-led movement of ships through the Strait of Hormuz — has been paused temporarily after what he described as progress in negotiations with Iran and requests from Pakistan and other countries.“Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been ma…
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New Delhi, May 1 (IANS) India and the African Development Bank Group are expanding cooperation across digital infrastructure, industrial development and finance as preparations gather momentum for the upcoming India-Africa Forum Summit 2026.The summit, scheduled to be held in New Delhi on May 31, is expected to provide a key platform to strengthen economic and strategic ties between India and African nations.The growing engagement aligns with the Bank Group’s strategic priorities under its ‘…
New Delhi, April 29 (IANS) Amid strong rebound of global mergers and acquisitions (M&A) activity in 2025, Indian dealmakers are increasingly turning to transactional risk insurance to navigate complexity, manage execution risks, and drive deal certainty, a report said on Wednesday.The report from Marsh said that M&A deal value surged nearly 37 per cent year-on-year to approach $5 trillion globally, with a sharp rise in large and mega deals.Similarly in India, growing deal sizes, cross-bo…
Visakhapatnam, April 28 (IANS) For India to lead in the age of artificial intelligence (AI), it must build infrastructure at scale within the country, and this is why we have committed $100 billion to build a platform that supports India’s AI growth, Jeet Adani, Director, Adani Group, said on Tuesday.Addressing an event to lay the foundation for the Google AI Data Centre here, Jeet Adani said we are building an integrated platform across energy generation, transmission, digital networks and da…
New Delhi, April 26 (IANS) Prime Minister Narendra Modi on Sunday hailed India’s indigenously designed Prototype Fast Breeder Reactor at Kalpakkam, which recently achieved criticality, marking a major advance in the second stage of the country’s three-stage civil nuclear program. Speaking during the 133rd episode of his monthly radio programme Mann Ki Baat, the Prime Minister said, “Despite the hustle and bustle of the elections, we have shared happiness with each other over achievements of the …
Seoul, April 25 (IANS) President Lee Jae Myung returned home from his two-nation swing to India and Vietnam, where he focused on expanding strategic cooperation in energy and supply chains to address uncertainties stemming from the Middle East conflict.Lee wrapped up the six-day trip after holding summits with leaders of the two countries, aimed at deepening economic and strategic ties across various areas, reports Yonhap news agency.On Monday, Lee held a bilateral summit with Indian Prime Minis…
Washington, April 25 (IANS) India is stepping up engagement with the US Southeast as a strategic hub for trade and investment, with officials and industry leaders highlighting Atlanta’s logistics strength at a business roundtable.The April 23 meeting, hosted by the Consulate General of India in Atlanta in partnership with the US-India Business Council, the Federation of Indian Chambers of Commerce and Industry and the Metro Atlanta Chamber, brought together senior leaders from government, indu…
New Delhi, April 24 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said that it has strengthened oversight of large-scale infrastructure development through its PAIMANA platform, which is currently tracking 1,941 central sector projects worth Rs 41.50 lakh crore as of March. The government said the digital monitoring system is enhancing transparency, enabling timely reviews, and supporting data-driven decision-making across ministries.According to the latest upd…
New Delhi, April 24 (IANS) Europe is losing its strategic autonomy as it is getting increasingly dependent on Chinese factories for goods, even for the Green Transition in energy that it is aiming for, according to an article.The article in Brussels Signal highlights that China now controls 80 per cent of the world’s solar panels, 75 per cent of the batteries, and 70 per cent of the electric vehicles, which represents “a total monopoly on the energy and mobility of the next generation”.”This i…
Hanoi, April 23 (IANS) South Korea’s President Lee Jae Myung and Vietnam’s top leader To Lam agreed to advance cooperation in energy and infrastructure during summit talks, including Vietnam’s possible revival of its nuclear power programme, Seoul’s top security official said on Thursday.In Wednesday’s talks, Lam, who serves as general secretary of the Communist Party, “welcomed” Korean companies’ participation in Vietnam’s energy transition, including the potential construction of a nuclear pow…