New Delhi, March 6 (IANS) Prime Minister Narendra Modi on Friday said that the time is ripe for increasing export-oriented agriculture production to join the global supply chains, which will create new jobs and empower our farmers.Addressing a post-budget webinar on the theme “Agriculture and Rural Transformation” via video conferencing, PM Modi said that agriculture is the mainstay of our economy and a strategic pillar.“The second quarter of this 21st century has started, and we will ensure t…
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New Delhi, March 3 (IANS) Prime Minister Narendra Modi on Tuesday said that as global supply chains are being reshaped, Indian companies who are making clean and green energy investments will be able to reach better markets worldwide.Addressing a post-budget webinar, PM Modi highlighted that this year’s Union Budget reinforces our commitment to sustaining and strengthening economic growth.“Sustainability, carbon capture, utilisation and storage missions are important steps. Sustainability ne…
Mumbai, Feb 28 (IANS) Indian stock markets ended the week on a weak note, with benchmark indices falling amid global uncertainty and rising geopolitical tensions. Investors remained cautious as volatility in global markets and uncertainty around US-Iran talks dampened sentiment, even though India’s latest GDP data showed strong growth.For the week, both the Sensex and the Nifty fell around 1.5 per cent. Broader markets also remained under pressure, with the Nifty Midcap 100 and Smallcap 100 in…
Mumbai, Feb 15 (IANS) Foreign portfolio investors (FPIs) have made a strong comeback to Indian equity markets in early February, investing Rs 19,675 crore in the first fortnight of the month. The renewed interest comes after three straight months of heavy selling and is being supported by the US-India trade deal and easing global macroeconomic concerns.According to data from depositories, FPIs had pulled out large sums in the previous months.They withdrew Rs 35,962 crore in January, Rs 22,611 cr…
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last three years, covering 38 countries with strong per capita incomes, and most developed markets now have trade arrangements with India.“Agreements include the 27-nation EU bloc, four-nation E…
Washington, Feb 5 (IANS) The United States has defended its sanctions-led foreign policy toward Iran and Myanmar, with Treasury Secretary Scott Bessent telling lawmakers that economic pressure remains a central pillar of Washington’s national security and global financial stability strategy. Testifying before the House Financial Services Committee on the Financial Stability Oversight Council’s 2025 annual report on Wednesday (local time), Bessent said the Trump administration continues to pu…
New Delhi, Feb 4 (IANS) Economic relations between India and Australia are at their strongest ever, with bilateral trade growing rapidly and more opportunities ahead, Zoe Woodley, First Secretary for Economic, Energy and Climate Change at the Australian High Commission said on Wednesday.Speaking to IANS on the sidelines of an interaction here, Woodley said trade ties between the two countries are at an all-time high, driven by the Economic Cooperation and Trade Agreement (ECTA).”Australia and In…
New Delhi, Feb 4 (IANS) The Union Budget 2026–27 strengthened medium-term earnings visibility for sectors aligned with public capex and policy priorities, even though earnings recovery will take time, a report said on Wednesday.The report from small case managers said the Budget opened “actionable opportunities across defence ecosystems, manufacturing‑linked businesses, logistics, select auto and ancillaries, energy‑transition themes and innovation‑led pharmaceuticals.”The report said sh…
New Delhi, Feb 3 (IANS) The Pakistan Business Forum (PBF) has assessed the cost of doing business in the country to be around 34 per cent higher than in comparable regional economies, which means Pakistani exporters are losing price competitiveness in international markets that determine survival, according to an article in the Pakistani media.For an economy that is trying desperately to pivot to export-generated growth, employment and foreign exchange, this disadvantage is simply unsustainable….
New Delhi, Jan 29 (IANS) In a significant development, AI-native film studio TakeTwo on Thursday announced that it has raised fresh funding at a valuation of Rs 100 crore in its pre-seed round. The investment saw participation from US-based Afore Capital, known as the world’s largest pre-seed venture firm, and Canada’s venture capital firm Inovia VC.Founded by Rudresh Upadhyaya (CEO) and Raghav Katta (CTO), TakeTwo is positioning itself as a full-stack AI-powered film studio that helps direc…