India and Japan have renewed the USD 75 billion bilateral currencies swap agreement, the Reserve Bank said in a statement on Friday.
The Bilateral Swap Arrangement (BSA) is a two-way arrangement where both authorities can swap their local currencies in exchange for the US dollar.
The Bank of Japan, acting...
Adani Green Energy (AGEL) on Friday said its total operational renewable energy generation capacity has increased to 12,258.1 MW with the commissioning of an additional 275 MW of solar power project at Khavda, Gujarat.
“Adani Green Energy Twenty Five A Ltd, wholly-owned step down subsidiary of the company has operationalized...
The Asian Development Bank (ADB) on Wednesday said it has approved a loan of 200 million U.S. dollars to enhance the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, India.
The project will construct 84 km of combined trunk and secondary sewerage and drainage pipelines, 176 km...
Union Minister for Electronics and IT, Ashwini Vaishnaw, announced that India’s first indigenously developed semiconductor chip will be ready for production by 2025. Speaking via video conferencing on the second day of the Global Investors Summit 2025 in Bhopal, Vaishnaw highlighted India’s growing capabilities in semiconductor and electronics manufacturing.
Madhya...
Union Commerce and Industry Minister Piyush Goyal has said that the free trade agreement between India and the United Kingdom will prove to be a major milestone in the relations between both countries. Mr Goyal today held a meeting with a delegation led by the UK Secretary of State...
The Reserve Bank of India has launched the Financial Literacy Week 2025 today. It is an annual initiative aimed at promoting financial awareness among the people. This year, the campaign runs from February 24 to 28, under the theme “Financial Literacy – Women’s Prosperity”.
In Arunachal Pradesh, the campaign was...
Sri Lanka and India have reached an agreement for setting up of solar power plants in the island country’s eastern port district of Trincomalee, official spokesman and health minister Nalinda Jayathissa said on Thursday.
“Consensus has been reached between the government of Sri Lanka and the government of India to establish...
India’s engineering exports continue to show resilience despite several external challenges, according to EEPC India.
EEPC India chairman Pankaj Chadha on Wednesday said sustaining the growth momentum, engineering goods shipments during January 2025 stood at $9.41 billion, a growth of 7.4
percent year-on-year compared to $8.76 billion in the same month...
India’s gross domestic product (GDP) likely grew at a relatively accelerated pace of 6.4% in the October-December quarter (Q3) of the current financial year 2024-25 from seven-quarter low of 5.4% in the previous quarter on the back of enhanced government spending, research and rating firm ICRA said in a...
The Centre on Monday launched the ‘Mutual Credit Guarantee Scheme for MSMEs’, which was announced in the Union Budget 2025-26 to boost the micro, small, and medium enterprises.
The scheme facilitates collateral-free loans to MSMEs by providing loans up to Rs 100 crore for the purchase of plant, machinery, or...
