Sri Lanka Expands FTA to Boost Exports, Forex. With global demand steadily rising and new trade agreements in progress, the government has set a clear target of boosting apparel exports to \$8 billion by 2030. This ambitious goal reflects not only the sector’s resilience but also Sri Lanka’s broader vision of strengthening its economy through […]
China’s New Bullet Train Breaks Speed Records at 450 km/h. China’s relentless pursuit of technological advancement in transportation has reached a new milestone with the unveiling and successful testing of the CR450, the prototype of China’s new bullet train. This speed not only surpasses all existing commercial bullet trains but also sets a new benchmark
China’s New Bullet Train Breaks Speed Records at 450 km/h. Read More »
Rupee falls 29 paise to 87.7 against dollar. On Monday, foreign institutional investors (FIIs) pulled out a significant sum from Indian equities, offloading stocks worth ₹2,566.51 crore on a net basis, according to data from the exchanges. This move signals a cautious stance by global investors amid ongoing market uncertainties and shifting global cues. Such
Anil Ambani summoned by ED Tuesday in loan fraud case. The Enforcement Directorate has summoned Anil Ambani for questioning on Tuesday in connection with an ongoing money laundering probe. The case involves alleged bank loan fraud worth several crores of rupees linked to his group companies. Officials said the questioning is part of efforts to
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India, UK sign trade deal: Cheaper imports. India and the United Kingdom have signed a landmark trade agreement that is set to reduce tariffs on a range of British products, including whisky, luxury cars, and various cosmetics. The move is expected to lower prices for Indian consumers while giving British exporters easier access to one
India-US trade deal pending, Trump confident on access. Donald Trump announced that the United States has successfully reached a trade agreement with Indonesia following a conversation with the country’s President, Joko Widodo, who is also known as Prabowo Subianto. The agreement marks a significant development in strengthening economic ties between the two nations. Trump emphasized
India-US trade deal pending, Trump confident on access. Read More »
Model Y priced at approximately ₹60 lakh in India. Tesla has officially confirmed the pricing of the Model Y in India, marking a significant step in the company’s expansion into the Indian automotive market. However, while the pricing details have been made public, specific information regarding delivery timelines and the availability of test drives remains undisclosed. Customers
Model Y priced at approximately ₹60 lakh in India. Read More »
India may lose 3,500 millionaires to relocation abroad. India is expected to witness the relocation of around 3,500 millionaires abroad in 2025, reflecting a growing trend among high-net-worth individuals seeking better opportunities, lifestyle, and tax regimes overseas. Among the preferred destinations, the United Arab Emirates (UAE) continues to top the list, attracting Indian millionaires with
India may lose 3,500 millionaires to relocation abroad. Read More »
Modi’s Ghana visit: UPI, MoUs, defence, minerals. These MoUs cover key areas such as cultural exchange, healthcare collaboration, standardisation of practices, and institutional dialogue mechanisms. The agreements were signed after productive discussions between Prime Minister Modi and Ghanaian President John Dramani Mahama. This development marks a significant step in expanding India’s diplomatic and developmental footprint
Modi’s Ghana visit: UPI, MoUs, defence, minerals. Read More »
Trump Ends Canada Trade Talks Over Tech Tax Trump, in a post on his social media network, announced that the United States was officially ending trade talks with Canada after being informed that the Canadian government would proceed with its plan to implement a digital services tax. According to Trump, Canada’s decision to move forward
