New Delhi, May 23 (IANS) Pakistan’s external sector has once again exposed the economy’s structural weaknesses amid the ongoing Middle East crisis, according to a new report.Despite short-term economic stabilisation measures, Islamabad has not done much to address deeper issues that continue to constrain its economic potential, according to the report in The Diplomat.Pakistan’s economy appears to be heading toward another challenging phase. “The current account deficit has once again res…
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New Delhi, May 19 (IANS) Finance Minister Nirmala Sitharaman met a high-level delegation of the US nuclear industry, comprising representatives of the Nuclear Energy Institute (NEI), leading US companies, and the US-India Strategic Partnership Forum here on Tuesday.During the meeting, the Finance Minister emphasised that technology collaborations and strategic partnerships can serve as critical drivers of innovation and resilience in India’s nuclear ecosystem, and encouraged the participants t…
New Delhi, May 14 (IANS) Prime Minister Narendra Modi’s official visit to the UAE on Friday, which comes against the backdrop of the West Asian crisis, reflects the strategic importance that India places on strengthening its ties with the Gulf nation, a report said.The visit is expected to focus on defence cooperation, energy security, maritime stability, and trade resilience against the backdrop of escalating regional tensions and growing risks to global supply chains, according to a report i…
New Delhi, May 8 (IANS) Pakistan’s Investment Minister Qaiser Ahmed Sheikh has admitted that the country has lost an opportunity to attract over $8bn in foreign direct investment, mostly from China, and generate half a million industrial jobs between 2018 and 2024, according to an article in the local media.What the minister said is also an indictment of successive governments that have remained in power since the launch of the multi-billion-dollar CPEC initiative, the Dawn reported.By not payin…
Gandhinagar, May 6 (IANS) Gujarat has been ranked third in India in terms of Foreign Direct Investment (FDI) inflows between April to December 2025, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).The state attracted approximately Rs 44,041.7 crore in foreign investment over the nine-month period, reinforcing its position among the country’s leading destinations for overseas capital.A significant share of this inflow was concentrated in Ahmedab…
Mumbai, May 1 (IANS) On the occasion of Maharashtra Day, Chief Minister Devendra Fadnavis on Friday addressed the state, balancing a vision of rapid industrial growth with a warning for the agricultural sector regarding the upcoming monsoon. Citing Meteorological Department forecasts, CM Fadnavis advised that the El Niño effect might lead to below-average rainfall for the 2026 season.“Our Kharif season is entirely dependent on rain. I urge farmers to take these forecasts seriously. Do not rus…
Washington, April 23 (IANS) India’s relationship with the United States is under visible strain across its core pillars and needs urgent recalibration based on “mutual respect, mutual sensitivity and mutual interest,” Ram Madhav said at the Hudson Institute’s New India Conference. The president of the India Foundation described the partnership as “a very important relationship” that will endure, but warned that recent developments have weakened its strategic, economic and people-to-p…
Mumbai, April 23 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Thursday said that the state continues to solidify its position as the “growth engine” of India and the top destination for foreign direct investment. He expressed confidence that Maharashtra is rapidly emerging as a global investment hub for international corporations, driven by the government’s pro-industry policies.He was speaking during a high-level meeting between the Danish Ambassador to India, Rasmus Abildgaard Kriste…
New Delhi, April 23 (IANS) Gross FDI (equity) flows to India accelerated to $90.8 billion (2.3 per cent of GDP) in January 2026 on a on a 12-month trailing basis, up by a healthy 13 per cent from $80.3 billion in January 2025 (2.1 per cent of GDP), a Morgan Stanley report showed on Thursday.Gross FDI (ex repatriation) improved to a three-year high of $36.3 billion in January 26, rising 38.4 per cent on-year. The trend in gross FDI has recovered steadily since January 2024, underpinned by strong …
Mumbai, April 20 (IANS) Chief Minister Devendra Fadnavis has directed all departments to finalise a concrete action plan within the stipulated timeframe, focusing on reducing regional disparities and ensuring balanced development across all districts. During a review meeting of the ‘Viksit Maharashtra 2047’ Vision Management Regulatory Board, he reviewed the progress of various departments and instructed them to focus on effective implementation in the next phase.He asked the departmen…