New Delhi, April 10 (IANS) The government has approved 52 new applications under Round III of the Production-Linked Incentive Scheme for Textiles, which are expected to attract an investment of Rs 6,708 crore. While five of these applications are for man‑made fibre apparel, 19 are for man‑made fibre fabrics, 18 for technical textiles, and 10 for the multiple segment, according to a statement issued by the Ministry of Textiles on Friday.The investment in these textile manufacturing uni…
Latest investment News & Updates
Mumbai, April 9 (IANS) Global brokerage firm Morgan Stanley on Thursday said that Indian markets are poised for a strong rally with Sensex likely to touch 95,000 level by December 2026.In its latest India Equity Strategy Playbook report, the brokerage firm said that the current combination of depressed valuations, improving earnings momentum and cautious investor positioning reflects conditions typically seen near the end of market downturns.In the base case, the headline index Sensex is expecte…
Washington, April 9 (IANS) Bangladesh’s economy is expected to see a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilising conditions, the World Bank said.Growth is projected at 3.9 per cent in fiscal year 2025-26, reflecting the impact of earlier political unrest and external pressures on economic activity, according to the World Bank’s latest assessment.The report said the economy is recovering from disruptions linked to political instability i…
Kathmandu, April 8 (IANS) Nepal’s Prime Minister Balendra Shah on Wednesday said that the newly-formed government under his leadership is keen to further strengthen Kathmandu’s relations with friendly countries based on mutual benefits. During a collective courtesy meeting with ambassadors and heads of diplomatic missions from various countries, held at the Office of the Prime Minister and Council of Ministers, Shah said the new government would like to enhance cooperation in areas such as devel…
New Delhi, April 8 (IANS) India and Turkey held the 12th round of Foreign Office Consultations in New Delhi on Wednesday, reviewing bilateral ties with a focus on diverse sectors such as trade and investment, tourism, technology and innovation, energy, cooperation in educational and cultural fields, people to people ties and fight against cross border terrorism. Secretary (West) at the Ministry of External Affairs (MEA), Sibi George and Turkey’s Deputy Minister of Foreign Affairs Berris Ekinci c…
New Delhi, April 7 (IANS) The proposed Comprehensive Economic Partnership Agreement between India and Canada gains huge leverage from the complementary nature of both country’s economies, a new report has said.The report from Asian News Post highlighted that India’s fast‑growing consumer market, strength in services sector and manufacturing push pairs perfectly well with Canada’s resource base, advanced research and clean‑technology expertise.This complementary nature creates a natural b…
Colombo, April 4 (IANS) India considers the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) not merely a regional platform but as a key pillar of its broader geopolitical and economic strategy. Guided by its twin pillars of the ‘Act East’ policy and the ‘Neighbourhood First’ policy, India’s growing engagement with BIMSTEC over the years underscores the grouping’s significance within the Indo-Pacific framework, a report said on Friday.According to a report…
Bhopal, March 30 (IANS) Chief Minister Mohan Yadav will attend the ‘Madhya Pradesh-Uttar Pradesh Cooperation Conference’ in Varanasi, Uttar Pradesh, on Tuesday. The conference, aimed at strengthening partnerships in trade, investment, and skills between the two neighbouring states, will also witness the signing of agreements between the Madhya Pradesh and Uttar Pradesh governments across several sectors, including trade, industrial investment, skill development, handicrafts promotion, and to…
New Delhi, March 28 (IANS) Exports from operational special economic zones (SEZs) totalled over Rs. 11.70 lakh crore in 2025‑26 (till December 2025), marking a 32.02 per cent increase from 2024, the government said on Saturday.There are 368 notified SEZs in India (as of February end) and the total investment in those areas stand at Rs 7.86 lakh crore, the official statement said.SEZs employed over 31.73 lakh people (as of December 2025), it added.The Union Budget 2026‑27 proposed a special o…
New Delhi, March 26 (IANS) With a new Strategic Energy Partnership on the table after Prime Minister Mark Carney’s visit to New Delhi, India and Canada now have a chance to turn climate diplomacy into hard infrastructure across solar, hydrogen, wind, and low‑carbon LNG which has the potential for setting a model for North–South energy cooperation, according to an article. India has committed to 500 GW of non‑fossil power capacity by 2030, which requires adding another 40–50 GW of clean…