Prime Minister Narendra Modi on Friday used his 79th Independence Day address from the Red Fort to underline India’s renewed focus on semiconductor manufacturing, while pointing to decades of missed opportunities in the sector.“When we talk about different dimensions of technology, I want to draw your attention. Let me take semiconductors as an example… files…
Prime Minister Narendra Modi on Friday outlined an ambitious roadmap to drastically cut India’s reliance on imported oil and gas, announcing rapid expansion in nuclear power, deep-sea oil exploration, and other clean energy initiatives. Speaking from the ramparts of the Red Fort on the country’s 79th Independence Day, he said energy self-reliance is critical for…
Asian stock markets showed a mixed performance on Friday, with strong Japanese growth figures offset by weaker Chinese data, while oil prices slipped ahead of a high-stakes US-Russia summit on Ukraine.As per news agency AFP, Japan’s economy expanded by 0.3% in the April-June quarter, surpassing forecasts, while the previous quarter’s output was revised upwards, helping…
The ministry of finance has released details on the proposed GST reforms, saying that a two-slab GST structure is being mulled. (AI image) Big GST relief soon! Prime Minister Narendra Modi in his Independence Day speech announced that the Goods and Services Tax (GST) burden on the common man is set to come down from…
Marking the 79th Independence Day, Prime Minister Narendra Modi called on India’s scientific and engineering talent to take the lead in designing and building jet engines for the country’s own fighter aircraft, a move he said was vital for true defence self-reliance.Speaking from the Red Fort, PM Modi linked the appeal to his government’s Atmanirbhar…
Japan recorded modest economic growth in the April–June quarter, overcoming the pressure of steep US tariffs, official figures showed on Friday. Preliminary data from the Cabinet Office indicated that gross domestic product (GDP) grew 0.3% from the previous quarter, outpacing market expectations of 0.1%. The January–March reading was also revised up to 0.1% growth from…
PM Modi promised a Diwali gift for people in the form of GST reforms and lower tax burden. (AI image) In a big cheer for the middle class and common man, Prime Minister Narendra Modi on Friday announced upcoming Goods and Services Tax (GST) reforms. Speaking from Red Fort on the occasion of the 79th…
MUMBAI: From celebrating India’s rich cultural heritage and craftsmanship to being vocal for local, Independence Day campaigns crafted by companies this year are going all out to showcase the country’s potential. As India marks its 79th year of independence amid tariff turbulence, which risks derailing the country’s short-term growth trajectory, the show of Indian might…
NEW DELHI: Ratings agency S&P Global on Thursday raised India’s sovereign rating to BBB after an 18-year gap, citing robust growth and fiscal consolidation, and asserted that 50% US tariffs, if imposed, would have an “overall marginal” impact and will not derail the country’s long-term growth prospects.The ratings upgrade comes amid a tense tariff stand-off…
MUMBAI: The Pallonji Mistry family, the largest individual shareholders of Tata Sons, have backed Noel Tata’s appointment to the board of the holding company of the $180 billion Tata Group. Noel, 69, is the son-in-law of the late Pallonji Mistry and was nominated to the board of Tata Sons by its largest shareholder, Tata Trusts….
