• Monday, February 24, 2025

India economy & business news in brief for Feb 22:…

HERE are news in brief on Indian economy and business for Thursday, February 22, 2024: India's Cabinet Committee on Security (CCS) on Thursday sanctioned a deal worth Rs 19,000 crore (£1.8 billion) to acquire over 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy, news agency PTI…

Residents of India’s Ayodhya elated as businesses get boost post…

DEEPAK Pandey, a daily wager in the holy town of Ayodhya in the northern state of Uttar Pradesh, was planning to move to another city searching for a job a few years ago. Now, he plans to buy land in the district by the same name and build a new…

Families of Indians duped into fighting for Russia in Ukraine…

AT LEAST 10 young men who went to Russia from various corners of India on the pretext of getting good salaries for the job of security guards, have now found their lives at risk as they are being forced to fight for the country in the ongoing war in Ukraine.…

India’s Jaishankar rakes up UN Security Council reform: ‘If they…

INDIAN external affairs minister Subrahmanyam Jaishankar on Thursday (22) said the "short-sighted" approach of the five permanent members of the United Nations Security Council is holding back a forward movement in the long-pending reform of the global body. Speaking during an interactive session at the Raisina Dialogue, an annual conference…

Imran to urge IMF not to support cash-strapped Pakistan over…

IMRAN Khan, the incarcerated former prime minister of Pakistan, on Thursday (22) revealed his intention to communicate with the International Monetary Fund (IMF), urging the global financial institution to suspend its assistance to the financially struggling nation until an "audit" of the contentious elections, marred by allegations of vote tampering,…

Ben Stokes taken aback by 4th India Test pitch: ‘Have…

ENGLAND captain Ben Stokes, who is trying to reassess the plot after his side lost two Tests on the trot against India to squander an 1-0 advantage in the five-match series, was taken aback by the wicket in Ranchi where the fourth game will begin on Friday (23). The surface…

Modi’s opposition make seat-sharing deals for general polls in confidence…

IT seems after some serious jolts, India's opposition Indian National Developmental Inclusive Alliance (INDIA) forum is finally getting to see some positive developments. A day after the Indian National Congress, a major party of the alliance, confirmed that its seat-sharing deal with Samajwadi Party (SP) in the politically crucial state…

India eases foreign direct investment entry in space sector

INDIA on Wednesday (21) announced its decision to permit 100 per cent foreign direct investment (FDI) in satellite systems manufacturing without necessitating prior approval, alongside the relaxation of regulations pertaining to launch vehicles. The move aims to enhance India's competitiveness in the international space market. Previously, such investments required government…

Indian American entrepreneur Jiten Agarwal backs Nikki Haley for presidency

INDIAN AMERICAN technology entrepreneur Jiten Agarwal recently hosted a fundraiser for Republican presidential candidate Nikki Haley in Houston, weeks before the crucial primary in Texas on March 5. Billionaires such as John Nau and Nancy Kinder were also present on the occasion. Daughter of immigrants from India's Punjab Haley, who…

Indian businessman brutally killed in Kenya; 4 held for kidnap,…

KENYAN police officers were probing the gruesome killing of an Indian businessman in the Kilili area of the country's Machakos County on February 14. The police found CCTV footage showing the victim, Jayesh Kumar Kanji, walking along Kodi Road in Nairobi West with his wife and child on the morning…