India is poised to become one of the most exciting investment destinations in the world and may even outperform China in the coming years, according to ace investor Jim Rogers. In an interaction with IANS, Rogers said, “I have been around the investment world for decades, and for the first...
The World Bank Group has announced a $1 billion support package to spur job creation and unlock private sector growth in Sri Lanka over the next three years. The initiative focuses on energy, agriculture, tourism, and regional development sectors seen as critical to long-term economic recovery.   The announcement followed a...
In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention. Prime Minister Narendra Modi today spoke to his UK counterpart Keir Starmer. In a social media post, Mr Modi said, these landmark agreements will...
The 11th edition of the Seatrade Maritime Logistics Middle East (SMLME) conference opened today at the Dubai World Trade Centre with a significant announcement from the Indian Register of Shipping (IRS). The event was officially inaugurated on May 6, 2025, by Eng. Hessa Al Malek, Senior Advisor at the...
Skype will ring for the last time on Monday (May 5) as owner Microsoft retires the two-decade-old internet calling service that redefined how people connect across borders. Shutting down Skype will help Microsoft focus on its homegrown Teams service by simplifying its communication offerings, the software giant said in February. Founded...
Global brokerage Morgan Stanley has reaffirmed its positive long-term outlook on Indian equities, highlighting that India is likely to outperform in a global bear market scenario. According to a note by the brokerage, the opportunity to invest in India’s long-term structural growth story is now, though it will require patience,...
Asian Development Bank (ADB) President Masato Kanda, in his meeting with Union Finance Minister Nirmala Sitharaman, has expressed the Bank’s full support to India’s development priorities, guided by Prime Minister Narendra Modi’s vision of Viksit Bharat 2047, the Finance Ministry said on Monday. FM Sitharaman also reiterated that India focuses...
Ted Sarandos, co-CEO of Netflix, has said that Netflix has created a USD 2 billion economic impact from its Indian productions. At the inaugural World Audio Visual and Entertainment Summit – WAVES in Mumbai, Sarandos said the company created 20,000 cast and crew jobs from its projects in the...
Intel India and the government’s IndiaAI mission have joined hands to launch an initiative focused on bolstering AI capabilities and skills nationwide.   The partnership, formalised through a Memorandum of Understanding (MoU), aims to empower young individuals, professionals, startups, and public sector leaders, enabling them to leverage AI’s potential for...
The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from tariffs and underscoring the disruptive nature of President Donald Trump’s often chaotic trade policy. The Commerce Department’s advance gross domestic product...