Gandhinagar, May 22 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said India offers a unique blend of scale, technology, talent and growth opportunities through GIFT City, as she chaired a high-level review meeting on the progress of the country’s flagship international financial hub.During the meeting, presentations were made on the progress achieved by GIFT City across sectors including banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasi…
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New Delhi, May 22 (IANS) India’s start‑up ecosystem has entered a phase of “cautious growth” with an active initial public offering pipeline with 70 to 120 start‑ups expected to get listed by 2030, a report said on Friday. The report from professional services firm Aon said start‑ups are likely to deliver an average salary increase of 9.7 per cent in 2026, reflecting a moderation from earlier peaks but still remaining competitive in attracting critical talent.In January 2026, 23 star…
New Delhi, May 20 (IANS) Union Finance Minister Nirmala Sitharaman and US Ambassador to India Sergio Gor discussed deepening the India-US economic and financial partnership, including collaboration in the fintech sector, investment opportunities and bilateral cooperation, the Finance Ministry said on Wednesday.According to the ministry, the two sides held discussions on strengthening collaboration in the fintech sector, expanding investment opportunities and enhancing bilateral cooperation betwe…
The Hague, May 17 (IANS) The Ministry of External Affairs (MEA) said on Saturday that Prime Minister Narendra Modi and his Netherlands counterpart Rob Jetten adopted an ambitious roadmap on strengthening the India-Netherlands relationship. Reflecting the shared values and trust, as well as increasing convergence and growing cooperation between India and the Netherlands, the two leaders decided to elevate the bilateral relationship to a “Strategic Partnership”.Addressing reporters following the d…
Abu Dhabi, May 15 (IANS) Prime Minister Narendra Modi held a meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on Friday, with the discussions centred on enhancing bilateral relations, particularly in the sectors of energy, trade and investment, the blue economy, technology, including fintech, defence, and fostering people-to-people connections. The two leaders also discussed the developments in West Asia and other global issues.In a post on X, Ministry of External Affai…
New Delhi, May 8 (IANS): As Chair of BRICS in 2026, India is spearheading a renewed agenda for MSME (micro, small and medium enterprises) cooperation under the BRICS Partnership on the New Industrial Revolution (PartNIR).During India’s Chairship, the Ministry of MSME is mandated to convene three SME working group meetings and the inaugural BRICS MSME Forum.The first SME Working Group Meeting was successfully convened online on 24th April 2026 with a specialised focus on “Access to Finance fo…
Gandhinagar, May 1 (IANS) Gujarat’s per capita income has crossed Rs 3 lakh for the first time, reaching a level around 60 per cent higher than the national average, according to official data released on Friday.The figure is said to show the state’s sustained economic expansion, with Gujarat contributing 8.3 per cent to India’s Gross Domestic Product (GDP) despite accounting for about five per cent of the population and six per cent of the land area.The state also holds a 19 per cent shar…
New Delhi, April 30 (IANS) India’s flagship digital payments platform, the Unified Payments Interface (UPI), has recorded an extraordinary nearly 12,000-fold surge in transaction volume over the past decade, the Ministry of Finance said on Thursday.Launched on April 11, 2016, by the National Payments Corporation of India (NPCI) under the regulatory supervision of the Reserve Bank of India (RBI), UPI has evolved into the backbone of India’s digital payments ecosystem.From a modest base of jus…
Gandhinagar/Surat, April 29 (IANS) Preparations for the Vibrant Gujarat Regional Conference (VGRC) to be held in Surat on May 1 and 2 were reviewed in detail at a Cabinet meeting chaired by Chief Minister Bhupendra Patel in Gandhinagar, as the state moves to position the event as a key platform for regional industrial expansion and investment promotion. Following the meeting, government spokesperson and minister Jitu Vaghani said VGRC is intended to go beyond a conventional conference and act as…
New Delhi, April 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday said that he was looking forward to unlocking the full potential of the India-New Zealand FTA to create new opportunities for businesses in both countries, strengthen value chains, and further deepen the bilateral economic partnership.Addressing the India-New Zealand Business Forum here along with his New Zealand counterpart, Todd McClay, the minister highlighted how India’s vast market, skilled talent, digital capa…