Latest investment News & Updates

Bhubaneswar/Ahmedabad, July 2 (IANS) In a significant development, the Adani Group on Thursday announced to build a mega aluminium plant in Odisha, along with Abu Dhabi-based International Holding Company (IHC), with a proposed investment of $11.5 billion (nearly 1.08 lakh crore). At the MoU signing ceremony for the proposed aluminium project in Bhubaneswar, Karan Adani, Managing Director of Adani Ports and Special Economic Zone Limited (APSEZ), said the “Adani Project represents ambition at a…

Moscow, July 2 (IANS) The Russian economy has completed 80 per cent of its adaptation to external shocks, Russian Deputy Prime Minister Alexander Novak has said. “When we talk about adaptation to external challenges, we arrive at that 80 per cent figure,” Novak said at the Bank of Russia Financial Congress.”When it comes to the progress we are making toward technological sovereignty and technological leadership, I believe we are only halfway there,” he said on Wednesday.The deputy PM highlighted…

New Delhi, June 30 (IANS) NITI Aayog, in collaboration with the Ministry of Tourism, on Tuesday rolled out a roadmap for simplifying regulations, improving the ease of doing business, attracting investments and supporting sustainable growth in India’s tourism and hospitality sector. The report titled ‘Unlocking Growth in Tourism and Hospitality Sector’ was launched at a national workshop held here, in the presence of Gajendra Singh Shekhawat, Union Minister for Tourism and Culture; Rajiv Gau…

Bangkok, June 30 (IANS) India and Thailand on Tuesday discussed ways to deepen their strategic partnership by expanding bilateral trade and investment during a meeting between India’s Ambassador to Thailand, Puneet Agrawal, and Thailand’s Deputy Prime Minister Sihasak Phuangketkeow. In a post on X, Indian Embassy in Thailand stated, “Ambassador Puneet Agrawal paid a courtesy call on H.E. Mr. Sihasak Phuangketkeow, Deputy Prime Minister and Minister of Foreign Affairs of Thailand, today.””Discuss…

Washington, June 30 (IANS) India’s rapidly expanding economy will require its energy demand to grow by as much as three times over the next 25 years, creating one of the world’s biggest opportunities for investment, technology partnerships and energy collaboration with the United States, industry leaders said Speaking at a US-India Strategic Partnership Forum (USISPF) Leadership Summit panel on energy security and infrastructure, ExxonMobil’s Director of Economics and Energy, Dr Prasanna Joshi, …

Washington, June 30 (IANS) US Ambassador to India Sergio Gor said that his close relationships with President Donald Trump’s Cabinet members and senior administration officials had enabled him to cut through bureaucracy and deliver quicker results for American businesses operating in India.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Gor said his previous role as Director of the White House Presidential Personnel Office had given him direct access to many of t…

Washington, June 30 (IANS) Canada sees India as the “most logical place” to diversify its trade and investment partnerships as countries rethink global supply chains amid geopolitical uncertainty, Canada’s Ambassador to the United States, Mark Wiseman said.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Wiseman said the changing global economic landscape had reinforced the need for countries to build more resilient and diversified partnerships without weakening e…

New Delhi, June 29 (IANS) Meta-owned WhatsApp on Monday announced the start of global reservations of usernames, a major privacy feature designed to protect the privacy of users’ phone number.Usernames reservations will begin rolling out on Monday, allowing people to create and reserve a username before the feature is available in-app later this year. Once reservations become available, users will be notified in the app. For most people, choosing a WhatsApp username should be something unique …

Vadodara, June 29 (IANS) Gujarat Chief Minister Bhupendra Patel on Monday held a one-to-one meeting with Ukraine’s Ambassador to India, Dr Oleksandr Polishchuk, during the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat, with discussions focusing on expanding cooperation in pharmaceuticals, agriculture, renewable energy and green hydrogen. The meeting took place on the opening day of the two-day conference in Vadodara, which has brought together diplomats, investors, policymakers …

Vadodara, June 29 (IANS) Gujarat Chief Minister Bhupendra Patel on Monday invited Irish businesses to explore investment and trade opportunities in the state, saying the proposed India-European Union Free Trade Agreement (FTA) could create new avenues for economic cooperation between Gujarat and Ireland.Patel extended the invitation during a meeting with Patrick Duffy, Consul General of Ireland, held on the sidelines of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadoda…