New Delhi, March 19 (IANS) Prime Minister Narendra Modi on Thursday urged the global investor community to “make, invest, innovate, and scale” in the domestic power sector.In a written message read out by Union Power Secretary Pankaj Aggarwal on the first day of the ‘Bharat Electricity Summit 2026; here, PM Modi said India stands at a defining moment in its energy journey as the world’s fastest-growing major economy.”I invite the global community to make in India, innovate in India, invest in In…
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New Delhi, Feb 24 (IANS) A group of former Chief Justices of High Courts, senior High Court judges, senior civil servants and armed forces veterans have issued a joint statement condemning the protest staged by members of the Indian Youth Congress during the India AI Impact Summit 2026 at Bharat Mandapam, terming the episode a “national disgrace” that undermined India’s global standing. The signatories said they were “shocked beyond belief” at the recent “unpardonable spectacle” in…
New Delhi, Feb 16 (IANS) Under the gaming and interactive technology category at the India AI Impact Summit 2026, five Indian startups will showcase AI‑powered solutions that highlight “India’s growing leadership at the intersection of AI, gaming, immersive media and enterprise transformation,” the government said on Monday.The participation of these startups’ underscores expanding capabilities in AI‑powered gaming, immersive experiences, cognitive transformation and interactive storytelli…
Washington, Feb 2 (IANS) Leading US-India business groups welcomed India’s Union Budget 2026–27, saying it reinforces growth, fiscal discipline, and India’s role as a key economic partner for the United States during global uncertainty.US-India Business Council (USIBC) and the US-India Strategic Partnership Forum (USISPF) said the budget underscored India’s commitment to economic growth, resilience, and global competitiveness, while strengthening the foundations for deeper bilateral comm…
New Delhi, Jan 29 (IANS) The UK India Business Council (UKIBC) on Thursday called for a simplified tax regime through exemptions on capital tax gains from foreign portfolio investors FPIs and other investor-friendly reforms from Union Budget 2026-27.The business advisory body also called for strengthening the GIFT City proposition as a globally competitive financial services hub, simplified GST compliance, incentives and support for the telecom sector.It urged the government “to provide increase…
New Delhi/Hyderabad, Jan 28 (IANS) Asserting that India is becoming a major global aviation hub, Prime Minister Narendra Modi on Wednesday urged investors from around the world to “join us as co-pilots on India’s flight to success”.The Prime Minister declared that the government is working on the next phase of the UDAN scheme to further strengthen regional and affordable air connectivity.In his video message at the inaugural of Wings India 2026, the civil aviation summit that began at Begumpet…
Guwahati, Jan 23 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday said the state is set to establish a Centre of Excellence in collaboration with the World Economic Forum (WEF), marking a significant step towards strengthening the state’s global economic engagement and policy innovation. Sharing details of his interactions on the sidelines of the WEF Annual Meeting in Davos, CM Sarma said the decision was taken during a meeting with the WEF leadership team.The proposed Centre of Excel…
Davos, Jan 19 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Monday said that international investors are increasingly looking at India as an important investment destination, offering vast opportunities across sectors. Speaking on the sidelines of the World Economic Forum (WEF) summit here, he said global funds are showing strong confidence in India’s growth story.”Today, international funds are especially viewing India as a very important destination, and we have many opportunities,”…
New Delhi, Jan 15 (IANS) Pakistan’s dangerous gamble with cryptocurrency has raised fresh concerns about the country’s already weakening economy, according to a new report.Nikkei Asia reports that Pakistan is rapidly expanding its footprint in the cryptocurrency space by welcoming global crypto exchanges.“Pakistan believes it has come up with a way to make government and other assets more accessible to global investors, thereby improving liquidity, but one that is raising alarm bells,” a…
New Delhi, Jan 8 (IANS) A reversal of the artificial intelligence (AI) hype could bring India back into focus for large global investors, a report said on Thursday.The report from Bay Capital said “much of the global AI infrastructure build‑out is debt‑funded,” echoing risks last seen in the telecom‑fibre boom.It also cited a finding that despite $30–40 billion in enterprise investment into generative AI, 95 per cent of organisations are getting zero return.”India’s market composition –…