New Delhi, Feb 12 (IANS) Finance Minister Nirmala Sitharaman on Thursday said the Union Budget 2026-27 has come at a rare moment for India’s economy, where strong growth and low inflation are being achieved together.Speaking in the Rajya Sabha, FM Sitharaman described this phase as a ‘Goldilocks moment’ and said it was the result of sustained effort, careful planning and timely policy action, not chance.“According to the first advance estimates released by the National Statistical Office…
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New Delhi, Feb 9 (IANS) Calling development partnership a “strong foundation” of New Delhi-Victoria ties, Prime Minister Narendra Modi on Monday announced a special economic package of $175 million for Seychelles to support concrete projects in various sectors like social housing, e-mobility, vocational training, health, defence and maritime security. While addressing a joint press meet with Seychelles President Patrick Herminie following their talks at Hyderabad House in Delhi, PM Modi said, “D…
New Delhi, Jan 29 (IANS) Marking a significant milestone in strengthening bilateral economic and strategic cooperation, India and the European Union (EU) have concluded negotiations on financial services in the Free Trade Agreement (FTA).Among the key achievements of Financial Services Annex, India and EU have committed to collaborate on enabling greater interoperability and interlinkages and development of electronic payment infrastructure and convenience of cross-border payments to promote rea…
Davos, Jan 19 (IANS) The Maharashtra Government secured a record-breaking $173 billion (Rs 14.5 lakh crore) in investment Memorandums of Understanding (MoUs) on its opening day of the World Economic Forum summit. This massive single-day haul nearly equals the state’s total investment collection from the entire 2025 Davos summit. The 19 MoUs signed are projected to generate more than 15 lakh jobs across various sectors. These agreements align with the state’s “Viksit Maharashtra 2047” vision an…
Ahmedabad, Jan 12 (IANS) Prime Minister Narendra Modi on Monday urged German companies to make full use of India’s talent, and further strengthen skill, innovation, and industrial linkages.Addressing the ‘India-Germany CEOs Forum’ in the presence of German Chancellor Friedrich Merz, PM Modi said that India’s talent pool is capable of advancing innovation and productivity in German industry and in recent years, especially in the high-tech sector, skill mobility has increased rapidly.“In…
New Delhi, Jan 12 (IANS) Youth hiring in India is projected to grow by 11 per cent by 2026, generating approximately 1.28 crore new jobs, according to a report on Monday.The report by NLB Services showed that IT services will account for around 30-40 per cent, manufacturing around 12 per cent, healthcare around 13 per cent, fintech around 20 per cent, logistics around 10.7 per cent, and green energy around 4 per cent of these roles.“As we mark Youth Day on the lines of ‘Ignite the Self, Impa…
Luxembourg City, Jan 6 (IANS) External Affairs Minister (EAM) S Jaishankar said on Tuesday that India and Luxembourg can collaborate much more productively in fintech, space, digital world and Artificial Intelligence (AI). In his opening remarks during his meeting with Luxembourg Deputy Prime Minister and Foreign Minister Xavier Bettel, EAM Jaishankar said that he looked forward to the talks and expressed confidence that both nations can benefit from the discussions.”I could see that we have a v…
Ahmedabad, Dec 26 (IANS) Gujarat is steadily emerging as one of India’s strongest hubs for innovation and startup culture, driven by proactive government policies and a focus on youth-led entrepreneurship. Under the Student Startup and Innovation Policy (SSIP) of the Gujarat government, the establishment of i-Hub Gujarat has played a pivotal role in transforming innovative ideas into viable businesses.Implemented to give practical shape to SSIP at the grassroots level, i-Hub Gujarat was set up i…
New Delhi, Dec 23 (IANS) The data centre installed capacity in India is projected to grow from about 1.5 gigawatts currently to nearly 14 gigawatts by 2035, at an annual growth rate between 20-24 per cent, a report showed on Tuesday.The growth in data centre industry mirrors the growth trajectory of the digital economy which already contributes $402 billion or 11.74 per cent of the GDP (FY 2022-23) and is expected to account for around 20 per cent of national income, surpassing agriculture and m…
New Delhi, Dec 23 (IANS) India and New Zealand have concluded negotiations on the Financial Services Annex of the Free Trade Agreement (FTA), marking a significant milestone in strengthening bilateral economic and strategic cooperation, according to a Finance Ministry statement issued on Tuesday.The India-New Zealand Financial Services Annex marks a notable advancement over standard GATS (General Agreement on Trade in Services) commitments, involving a total of 18 articles, the statement explain…