Mumbai, Jan 28 (IANS) India’s defence tech ecosystem recorded $247 million in funding in 2025, its highest annual inflow till date despite a lower number of deals, a report said on Wednesday.The report from data intelligence platform Tracxn said total all‑time equity funding for the sector stood at $711 million across 232 rounds, and that annual funding rose from $5 million in 2016 to a peak of $247 million in 2025, the report said.The report further said that the surge was driven largely by…
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Washington, Jan 28 (IANS) Reinforcing his intent to keep trade pressure central to his economic and foreign policy agenda, US President Donald Trump signaled that he would seek alternative tools if the Supreme Court moves to curb tariffs, which he described as “indispensable” towards success.In an interview with Fox News host Will Cain, Trump defended tariffs as a core driver of investment and manufacturing growth in the United States. He said the policy has forced companies to build plants at h…
New Delhi, Jan 27 (IANS) With women entrepreneurs in focus, Delhi Chief Minister Rekha Gupta on Tuesday led the signing of an MoU with a Central lending agency to provide city investors loans of up to Rs 10 crore without furnishing any collateral guarantee, an official said.Seen as a step towards strengthening small and micro enterprises in the national capital, the Memorandum of Understanding (MoU) was signed between the Government of Delhi and the Central government’s Credit Guarantee Fund T…
New Delhi, Jan 27 (IANS) India is expected to gradually increase its market share from 5 per cent to 8-9 per cent in the EU’s ready-made garment (RMG) imports, unlocking an incremental annual export opportunity of nearly $4-4.5 billion over the medium term, a report showed on Tuesday.The European Union (EU) is the world’s largest RMG market, with imports of nearly $84 billion (excluding trade among EU countries) in 2024, according to the report by CareEdge Ratings.India currently exports $4….
New Delhi, Jan 25 (IANS) Egypt has set a strong goal to nearly double its trade with India, aiming to reach $12 billion in the coming years. Currently, trade between the two countries stands at around $5 billion, which Egypt believes is far below the real potential of the partnership.Speaking at the Foreign Correspondents’ Club of South Asia here, Egypt’s Ambassador to India, Kamel Zayed Galal, said both nations have many opportunities to grow together, especially in sectors like energy, man…
New Delhi, Jan 25 (IANS) Russia’s decision to showcase its civil aircraft, the Ilyushin IL-114-300 and the Superjet SJ-100, at Wings India 2026 in Hyderabad marks a new phase in India–Russia economic cooperation, with a clear focus on civil aviation, a report has said.The move signals Moscow’s intent to tap into India’s fast-growing regional aviation market through long-term industrial partnerships rather than a simple aircraft sales push, according to The Sunday Guardian report.So far, …
New Delhi, Jan 24 (IANS) India is aiming to nearly triple its exports to $1.3 trillion by 2035 by pushing manufacturing-led growth through structural reforms and deregulation, rather than relying on heavy government spending, according to reports.The strategy marks Prime Minister Narendra Modi’s third major attempt to turn India into a global manufacturing hub and a key driver of world trade.The government is focusing on 15 priority manufacturing sectors, including high-end semiconductors, met…
New Delhi, Jan 23 (IANS) Pakistan’s exports plummeted by 20.4 per cent in December 2025, marking the fifth consecutive monthly decline that reflects the deep-rooted economic crisis plaguing the country, according to official figures.Exports contracted to approximately $2.32 billion from nearly $2.91 billion in December 2024. Imports, on the other hand, continued to expand, rising by about 2 per cent to $6.02 billion, pushing the monthly trade deficit up by nearly 24 per cent to $3.7 billion, a…
New Delhi, Jan 22 (IANS) A FICCI pre-Budget survey on Thursday reflected strong optimism across industry, with nearly 80 per cent of respondents expressing confidence in India’s growth prospects.Nearly half of the participants expect GDP growth to remain in the 7–8 per cent range in FY 2026–27, reaffirming faith in India’s medium-term fundamentals despite persistent global uncertainties.According to the FICCI survey, industry also underscored the importance of fiscal prudence, with aroun…
New Delhi, Jan 22 (IANS) The Union Budget 2026 will maintain fiscal prudence and prioritise strategic, capex‑heavy sectors — making defence sector the top beneficiary, a report said on Thursday.The report from investing platform smallcase said that nearly 40 per cent of respondents flagged defence sector for higher allocations driven by indigenisation, modernisation, export potential and sustained government spending.A pre‑budget survey of over 50 investment managers found that infrastructu…