INDIA
‘India then becomes a compromise’: Ex-NRI explains why she pays ₹100 for a 1-km auto ride to her gym
After relocating to India, an ex-NRI prefers to travel by auto-rickshaw for her short commutes. Concerned about the hazardous paths and fast-moving traffic, she opts to spend around one hundred rupees daily to sidestep the stress associated with her return. This decision showcases her sensible method of dealing with urban life's hurdles, prioritizing safety over discomfort.
Piyush Goyal leads India's largest business delegation to Japan for trade and investment talks
Union Minister Piyush Goyal will visit Japan from August 24 to 27. He leads India's largest business delegation to the country for discussions. Meetings will focus on semiconductors, artificial intelligence, and start-ups. The minister will also promote investment and meet business leaders in Nagoya's auto and steel industries. Osaka will host roadshows showcasing manufacturing and clean energy opportunities.
Air India reduces Delhi cargo transfer time to 5-8 hours, expands pilot across India-Europe routes
Air India successfully launched a new cargo transshipment policy on a key air route. This initiative significantly reduced cargo connection times at Delhi Airport. The policy allows eligible shipments to remain securely packed throughout their transit. This streamlined process aims to attract more transit cargo to Indian airports. The airline plans to expand this efficient cargo movement across more routes.
US-India trade deal nearly final, Rubio to visit India in October: Sergio Gor
US Ambassador Sergio Gor revealed that the US-India trade agreement is on the verge of finalisation, clarifying that Congress's push for tariffs differs from the previous Trump admin. He underscored Trump's admiration for Modi, while also stressing the urgency of resolving the Russia-Ukraine crisis, highlighting India's critical role as evidenced by numerous high-ranking visits from US officials.
ET WLF: India raised Chinese business visa denial issue with Beijing, assures EAM Jaishankar
External Affairs Minister S Jaishankar said India has raised with China the issue of Indian businessmen facing difficulties in getting Chinese business visas. Speaking at the ET World Leaders Forum, Jaishankar said stable and peaceful borders are essential for better India-China relations.
India gets $72.8 billion in dollar inflows under RBI swap facility
India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency borrowings under the RBI’s special swap facility as of August 21.
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India wasn't always one: The forgotten story of its unification
India's journey to independence in 1947 initiated a challenging process of national unification. Despite gaining freedom, several former Portuguese and French colonies remained distinct entities for years. Additionally, many princely states pursued their own forms of independence, complicating the national formation. Vallabhbhai Patel emerged as a pivotal figure in integrating these varied regions, showcasing India's complex trajectory towards unity.
"Next decade will see tremendous growth": Abhinav Bindra confident about India's sporting future
Young Indian athletes possess strong belief and ambition for higher achievements. Improved support systems and resources are backing this growing aspiration. The sports ecosystem is developing rapidly, promising significant progress across disciplines. India expects more medals and better quality performances in upcoming events. The shooting team is highlighted as a strong contingent for the Asian Games.
India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMA
The MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings are skyrocketing with year-on-year growth rates of 15-20 percent. Tier II and III cities are increasingly recognized as promising locations for MICE and wedding events.
‘We have to do business with China too’: Jaishankar says India can’t ignore Beijing, must become self-reliant
Navigating the complexities of global trade, India aims to foster relationships with all countries, including China, while it builds a robust industrial foundation. With a vision to modernize and compete internationally, the nation is keen on boosting its domestic manufacturing capabilities. Acknowledging the strain with China due to border disputes, India emphasizes the importance of self-reliance.
ET World Leaders Forum 2026: PM Narendra Modi vows faster reforms, says stable India can power world stability
Prime Minister Narendra Modi pledged faster reforms and greater ease of living. He expressed confidence that a stable India will contribute to world stability. India has been an oasis of political stability amidst global fluctuations. The government is committed to uplifting the youth, farmers, and the poor. Reforms are shifting from 'prohibited unless permitted' to 'permitted unless prohibited'.
ET World Leaders Forum 2026: ‘The relationship is as strong as ever’, says US envoy Sergio Gor on India-US ties
US Ambassador Sergio Gor highlighted the India-US relationship's foundation of trust and personal friendship. Growing economic, energy, and defense ties underscore this strengthening bilateral connection. Bilateral trade has significantly increased, moving towards an ambitious target of $500 billion. India's energy imports from the US have also seen substantial growth over recent periods. This natural partnership is poised to define the global stage for decades to come.
Apple may expand manufacturing in India beyond iPhones
In an effort to bolster its device manufacturing sector, India has launched a new scheme aimed at enticing industry leaders like Apple and Google. The government has put forth a Rs 62,500-crore plan designed to elevate domestic value addition and empower Indian smartphone brands. With notable growth in mobile phone exports, this initiative endeavors to encourage both local sourcing and increased production from global firms.
Jaishankar to visit Russia on August 23-24, co-chair India-Russia inter-governmental commission
External Affairs Minister S Jaishankar will visit Russia on August 23-24. He will co-chair the 27th session of the India-Russia Inter-Governmental Commission. Jaishankar is visiting Russia at the invitation of First Deputy Prime Minister Denis Manturov. During his visit, Jaishankar will also meet Russian Foreign Minister Sergey Lavrov. Discussions will focus on bilateral cooperation and regional and global issues.
India-Finland cooperation takes centre stage at circular economy forum
India and Finland are strengthening business and technology ties in the circular economy. Companies from both nations explored resource-efficient and sustainable growth opportunities at a forum. This event served as a precursor to the World Circular Economy Forum in Gandhinagar. Discussions focused on building competitive value chains through circularity and sustainable practices. Finnish companies see significant opportunities to collaborate with Indian partners for growth.
India attracts capital. Now it must build what the world pays royalties for
India has emerged as a major investment destination, but much of the value generated by foreign companies still flows overseas through dividends, royalties and intellectual property payments. The column argues that India must move beyond being a manufacturing and consumption base by building globally competitive brands, proprietary technology and Indian-owned intellectual property.
Depoliticise India's public spaces
In India, the politicization of public spaces has a profound effect on educational institutions, turning them into arenas of ideological conflict. By removing politics from these spaces, we can encourage open discussions and innovative thinking. Maintaining neutral environments is crucial for developing effective problem-solvers rather than engaging in mere debates, highlighting the importance of creating spaces that promote civic engagement and growth.
Expensive living? Inflation hits coriander to cars in India
Consumer goods companies are increasing prices and reducing pack sizes. Automobile manufacturers and tyre companies also announced significant price hikes. Rising commodity and energy costs are pressuring company margins. India's retail inflation has moved above the Reserve Bank of India's target. Policymakers are watching for broader inflation spread across the economy.
India gets nearly Rs 5,000 crore FDI after easing rules for Chinese-linked firms
New foreign investment rules are yielding positive results for India's economy. Twenty-nine investment proposals totaling over Rs 4,895 crore have been reported. These investments span crucial sectors like IT and manufacturing. Entities from various countries, including Mauritius and the US, have made these investments. The revised framework expedites foreign investment flow and strengthens ease of doing business.
Strikes in the Gulf changing rules behind India’s big-money bets
India Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focus on resilience and supply-chain stability for investments. Capital deployment concentrates on manufacturing and financial services sectors. Export-oriented businesses still attract interest despite US tariff uncertainties. India remains an attractive destination due to its market scale and policy support.
India's August private sector growth recovers slightly from over four-year low, PMI shows
August marked a subtle rise in India's private sector activity, propelled by a rebound in services growth that countered the slowest factory expansion in five years. New orders showed a quicker pace but continued to be underwhelming against historical averages. The services sector's vigorous hiring led to a boost in employment, while business confidence for the future grew, albeit slightly.
Did Goodluck India shares really crash 66% in just one day? Here's how the bonus math works
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an adjusted basis. Here’s how the bonus issue affects the share price, eligibility, dividend and investor holdings.
India weighs facilitating European, UK investments via green channel
India is creating a dedicated channel to ease European and British company investments. This mechanism will offer dedicated support and help investors navigate government approvals. The initiative aims to facilitate capital flow beyond just trade agreements. Senior officials will directly monitor this new investor facilitation process. This move follows recent liberalizations in sectors like insurance and banking.
ET World Leaders Forum: India set to be a growth market, but companies must up their game
India is poised to be a major global growth market over the next decade, driven by seven structural strengths including economic stability, a reform-oriented policy framework, a large consumer base, and a growing talent pool. The nation's technology and manufacturing sectors are gaining global relevance, supported by a widening trade architecture.
India-EU trade pact clears legal scrub, signing likely this year
India and the European Union have finished legal scrubbing of their trade pact. This significant agreement is expected to be signed sometime this year. Ninety-three percent of Indian shipments will gain duty-free access to the EU bloc. Luxury cars and wines imported from the EU will also become less expensive. Together, India and the EU represent a quarter of global GDP.
Coal India plans Singapore trading hub in hunt for critical mineral assets: Sources
Coal India is establishing its first overseas trading office in Singapore. This move aims to diversify into trading iron ore and critical minerals. The company is evaluating opportunities in Africa, Chile, and Canada for mineral assets. Efforts are underway to reduce dependence on China for essential resources. This expansion supports clean energy ambitions and manufacturing growth goals.
The 20 reforms that could take India to a $20 trillion economy by 2036: Report
India could reach a $20 trillion economy by 2036 with broad reforms. A 20-point agenda covers infrastructure, capital markets, and human capital development. Services sector growth is crucial, aiming for over 65% of the economy. Productivity and innovation require increased research and development spending. Sustained execution across multiple areas will drive this ambitious economic expansion.
India must turn Chinese investment into trade leverage
India grapples with a persistent trade imbalance with China, a significant structural challenge. Embracing Chinese investment presents a strategic chance to recalibrate this economic dynamic. This strategy seeks to cultivate mutual dependence and fortify India's interests. As India diversifies its trading partners and investment avenues, pragmatic policies can draw Chinese capital while ensuring vital sectors remain protected.
Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil India
Indian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24,078.30. Key corporate developments are expected to influence Thursday's trade, including Hyundai Motor India's planned price increase, Aditya Infotech's fundraising approval, and BSE's agreement with MSCI for index futures and options. Other companies like HEG, Ceigall India, and HDFC Life Insurance also saw significant announcements.
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