New Delhi, July 25 (IANS) India observed the 27th Kargil Vijay Diwas on 26 July 2026 with gratitude and national pride, commemorating the historic victory of 1999 when Indian soldiers reclaimed the snow-covered heights of Kargil. The conflict, which began in May 1999 after Pakistani forces infiltrated across the Line of Control and occupied commanding heights, aimed to sever the link between Kashmir and Ladakh and isolate troops on the Siachen Glacier. India responded with Operation Vijay, suppo…
Latest Foreign Direct Investment News & Updates
New Delhi, July 22 (IANS) The total installed capacity of wind energy projects in the country currently stands at 57,443 MW, the government said on Thursday.Further, the power generation from wind energy projects during FY 2025-26 was 106 billion units, said Union Minister of State for Ministry of New and Renewable Energy, Shripad Yesso Naik, in a written reply to a question in the Lok Sabha.The power generation from wind energy projects has increased during last three financial years, said the …
New Delhi, July 21 (IANS) India’s installed renewable energy capacity has increased nearly fourfold, from 76.38 GW in 2014 to 288.58 GW as of June 30, 2026, according to information tabled in Parliament by the government on Tuesday. Solar power leads the country’s renewable energy segment with an installed capacity of 162.15 GW, followed by wind power at 57.44 GW and hydropower at 57.24 GW. The remaining 11.75 GW is accounted for by bio power, Minister of State for New & Renewable Energy…
Mumbai, July 15 (IANS) Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that implementation of the landmark India-United Kingdom (UK) Free Trade Agreement (FTA) is set to unlock unprecedented global trade, investment, and export opportunities for the state. Speaking at the launch ceremony of the trade pact’s implementation in Mumbai, Chief Minister Fadnavis added that a progressive India relies on a progressive Maharashtra.He expressed firm confidence that Maharashtra’s march towar…
Mumbai, July 8 (IANS) Striking an aggressive tone on future economic growth, Chief Minister Devendra Fadnavis on Wednesday unveiled a historic capital expenditure blueprint for the Mumbai Metropolitan Region (MMR). Responding to the debate on a motion moved by treasury bench members under Rule 293 in the State Assembly, the Chief Minister announced that a massive Rs 12,26,871 crore ($147 billion) has been earmarked for infrastructure and development projects across the MMR and its decentralised …
Seoul, July 3 (IANS) Seoul stocks traded higher late on Friday morning in choppy trading as investors snapped up bargain-priced semiconductor shares following the previous session’s sharp sell-off.After opening 1.2 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended its gains, rising 163.52 points, or 2.11 percent, to 7,809.61 as of 11:20 am, reports Yonhap news agency.The index plunged 7.89 percent the previous session, dragged by a heavy sell-off in Samsung Electro…
New Delhi, June 30 (IANS) Pakistan’s foreign direct investment (FDI) fell 28 per cent during the first 11 months of FY26 as persistent regional uncertainty and geopolitical tensions continued to weigh on investor sentiment, a report has said.The report published in Dawn showed that regional instability has negatively impacted Pakistan’s domestic bond and equity markets, with uncertainty prompting foreign investors to stay away despite an improvement in the country’s foreign exchange reserves and…
Athens/New Delhi, June 29 (IANS) India offers immense opportunities for Greek businesses to invest, collaborate, and expand, Union Commerce and Industry Minister Piyush Goyal said on Monday.Addressing business leaders, Goyal said India continues to maintain strong economic growth amid global headwinds and has emerged as a reliable partner offering scale, talent, and youthful energy.He emphasised that India serves as a gateway to the Indo-Pacific region, Asia, and Africa, providing competitive an…
New Delhi, June 29 (IANS) The Reserve Bank of India (RBI) has issued a compounding order under Section 15 of the Foreign Exchange Management Act (FEMA), in the case of Touras India Private Limited, which has resulted in the termination of proceedings against the company for contraventions of the law’s provisions with a one-time payment of Rs 26,950, according to a statement issued by the Directorate of Enforcement (ED) on MondayThe order has been passed by the RBI after issuance of a “no objecti…
New Delhi, June 29 (IANS) The Department of Pharmaceuticals has invited applications under the Scheme for Strengthening of Medical Device Industry (SMDI) to promote domestic manufacturing, reduce import dependence, support innovation and increase the depth of value chains in the medical devices sector, an official statement said on Monday.The statement from the Ministry of Chemicals and Fertilizers said applications are open under two sub‑schemes — the Marginal Investment Scheme for Reducing …