Faridabad, Feb 13 (IANS) Saying from the sacred and culturally rich land of Surajkund a new chapter of India-Africa partnership has begun, Haryana Chief Minister Nayab Singh Saini, on Friday, held deliberations with Ambassadors and High Commissioners from 21 African nations for economic cooperation. At the Haryana-Africa Strategic Partnership Meeting in Surajkund, near here, deliberations were held on the possibilities of cooperation between Haryana and African countries in the fields of industr…
Latest Manufacturing News & Updates
New Delhi, Feb 12 (IANS) Luxury car manufacturer Rolls-Royce on Thursday said it intends to scale up its business in India to support future programmes and partnerships across defence, civil aviation and energy.The automaker is exploring opportunities to co‑develop a next‑generation combat jet engine and localising engine manufacture for the Indian Army, Navy as well as Coast Guard, and potentially power solutions for critical infrastructure and industry, a statement said.These initiatives c…
New Delhi, Feb 12 (IANS) Artificial intelligence could contribute nearly $550 billion to India’s economy by 2035, across five priority sectors including agriculture, education, energy, healthcare and manufacturing, a report said on Thursday.The report from Vietnam Times cited PwC India’s flagship study adding that it was rounded in economic modelling and real-world pilots.AI Edge for Viksit Bharat study from PwC India was tabled at the World Economic Forum (WEF) in Davos 2026 and led to Indi…
New Delhi, Feb 9 (IANS) Pointing out that youth joblessness stands at 15 per cent in India, with less than 25 per cent of the workforce in regular employment, Congress leader and former Finance Minister P. Chidambaram launched a sharp attack on the Union Budget 2026-27 in the Rajya Sabha on Monday, describing it as cautious, parsimonious, forgettable, and already vanishing from public memory. Speaking on the discussions in the upper house of the Parliament, he questioned whether the government a…
Chandigarh, Feb 7 (IANS) Minister of State (MoS) for Statistics and Programme Implementation, Rao Inderjit Singh, on Saturday, described the Union Budget as a reflection of the country’s aspirations, saying this budget is not merely a list of promises but a document of duties, clear vision and strong determination. He said this Budget reflects the Union government’s commitment to fulfill its responsibility towards every citizen.Addressing the media in Gurugram, MoS Rao said the Budget presents a…
New Delhi, Feb 6 (IANS) The recently concluded India-EU free trade agreement (FTA) and the prospective India-US trade deal, along with several other trade agreements, will support exports over the medium-term, RBI Governor Sanjay Malhotra said on Friday.Services exports should remain resilient, he said during the RBI MPC meeting which kept the key policy rate unchanged.However, “the spillovers emanating from geopolitical tensions, volatility in international financial markets and shifting trad…
Washington, Feb 6 (IANS) A sharp partisan clash over inflation, bank regulation and financial stability dominated a Senate Banking Committee hearing on as Treasury Secretary Scott Bessent defended the administration’s economic record and the Financial Stability Oversight Council’s 2025 annual report.Stressing growth and affordability, Committee Chairman Tim Scott warned against policies that burden households. “A system that slows growth, limits opportunity or prices families out of basic …
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 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.The report from PL Wealth, the wealth management arm of PL Capital, said the medium‑term outlook remains constructive for infrastructure, capital goods, defence, logistics, manufacturing and select export‑oriented sectors such as engineering goods, textiles and gems and jewellery.The equities may see near‑ter…