Putin Visits India, Russia-India Signed 16 Agreements
India and Russia signed 16 agreements covering defence, trade, economy, healthcare, academia, culture, and media. Prime Minister Narendra Modi held a joint press conference with Russian President Vladimir Putin at the 23rd India-Russia Annual Summit in New Delhi. During this meeting, Narendra Modi said that the India-Russia friendship will give the courage to overcome challenges,…
Abdullah Ansari
IndiGo Stocks Drop Off 16% Amid Operational Turmoil
Parent of IndiGo, InterGlobe Aviation, shares slide off, erasing more than ₹37,000 crore in Market value in less than a week, as operational turbulence ruffled investor confidence. The stock crashed as much as 10% to ₹4,842 during intraday trade, becoming its seventh consecutive session of losses. InterGlobe shares have dropped 16.4% over the past six…
Yash Sharma
India Establishes New Consulate Building in ShanghaiÂ
India inaugurated its new Consulate building in Shanghai on Sunday, making a significant move after 32 years in China’s major business hub. The Shanghai consulate serves India’s business community in eastern China, home to major trade and business hubs such as Yiwu, where many Indian businesses are based. The giant new chancery building at the…
Reserve Bank of India Cuts Repo Rates by 25 Basis PointsÂ
Recently, the inflation rate for India’s economy was announced, shocking ministers, experts, and laymen alike. In October, India recorded an inflation of 0.25%, down from 1.4% in September. This inflation is very low and could negatively affect the economy. Keeping that in mind, the Reserve Bank of India has announced a 0.25 basis point cut…
Himanshu
India’s Services Sector Accelerates; Exports Slow
India’s service sector regained momentum in November, pushed by strong domestic demand that helped offset the slowdown seen in October. On the other hand, the external demand weakened noticeably, underscoring an emerging split between the strength of India’s internal market and challenges in international trade. HSBC’s India Services Purchasing Manager’s Index (PMI), compiled by S&P…
Adani Group’s $15 B Push to Modernise India’s Airport Network
Adani Group has unveiled an ambitious plan to shape India’s aviation landscape, with a $15 billion investment to expand and modernise its airport network by 2030. As one of the largest private airport operators, Adani Group currently manages key airports including Mumbai, Lucknow, Ahmedabad, Guwahati, Jaipur, Thiruvanthapuram and Mangaluru. This investment marks a strong push…
Shipra Prajapati
AT&T Commits To Ending DEI Programs Forever
AT&T has formally committed to ending all its diversity, equity and inclusion (DEI) programmes, as conveyed in a letter to the Federal Communications Commission (FCC) on December 2, 2025. This decision comes as AT&T pursues regulatory approval for its $1.02 billion acquisition of wireless-spectrum licenses from U.S. Cellular. The FCC, now led by Brendan Carr,…
ABHYUDAYA MITTAL
India’s Factory Output Barely Moves, Up Only 0.4%
Industrial production in India slowed sharply in October, rising just 0.4%, the weakest expansion in the last 14 months, signalling a decline in the economy. The latest reading of the Index of Industrial Production (IIP) marks a downturn from September’s 4% growth and also fell short of the 3.1% increase projected by economists in a…
British Airways to Expand Services in India, Says COO
British Airways is planning to expand its service in India as demand for travel to the UK continues to grow significantly, the airline’s chief operating officer, Rene de Groot, said. For over a century, the carrier has operated in India and is preparing to add more flights and expand its workforce presence as part of…
Vipin
Cabinet Agrees on ₹7,280 Crore Rare Earth Magnet SchemeÂ
The Union Cabinet, led by Prime Minister Narendra Modi, on Wednesday approved a ₹7,280 crore scheme for rare-earth permanent magnets (REPM) to boost India’s domestic rare-earth manufacturing capabilities. The scheme aims to establish integrated manufacturing facilities with a capacity of 6,000 Metric Tons per Annum (MTPA) of rare-earth permanent Magnets. REPMs are expected to be…
