India’s foreign exchange reserves rose sharply by $10.8 billion to reach $676.3 billion in the week ended April 4, according to the Reserve Bank of India’s latest data released on Friday. This marks the fifth straight week of gains in the country’s forex reserves.
A major contributor to this increase...
India’s goods and services exports have crossed a record 820 billion US dollars in the financial year 2024-25, despite economic uncertainties in global markets. Commerce Ministry said this represents a close to 6 percent increase over the corresponding figure of 778 billion dollars for the previous financial year. The...
Union Finance Minister Nirmala Sitharaman has said that India offers a compelling growth opportunity for foreign banks, and the government is actively encouraging foreign investment in the banking sector. Addressing the India-UK Investor Roundtable discussion in London, the Union Minister outlined the priorities of the government for enabling sustained...
The 49th edition of Middle East Energy, supported by the UAE Ministry of Energy and Infrastructure, continued for a third day at Dubai World Trade Centre with significant international participation, including a notable presence from India. The Indian pavilion, coordinated by the Engineering Export Promotion Council of India, featured...
Prime Minister Narendra Modi has said that India is set to become the third-largest economy in the world very soon. Addressing an event organised by a private media house, Mr Modi said that this unprecedented growth is being driven by the youth of the country. Mr Modi added that...
India has been ranked 10th in the world with significant private investments in Artificial Intelligence (AI) in 2023. According to the 2025 Technology and Innovation Report issued by UN Trade and Development (UNCTAD), India ranked 36th in 2024 on the Readiness for Frontier Technologies Index, improving its position from...
Air India has integrated Apple AirTag with its baggage-tracking system and mobile app, allowing customers using Apple iPhone, iPad or Mac devices to securely track the location of their baggage.
Air India is the first airline in Asia to offer this integrated tracking service to guests.
Air India transports more than...
India’s Unified Payments Interface (UPI) continues to dominate the digital payments landscape, with transaction volumes surging 42 per cent year-on-year (YoY) to reach 93.23 billion in the second half of 2024, a recent report has shown.
The ‘India Digital Payments report for 2H 2024’ report by Worldline showed that three...
Public procurement platform GeM has facilitated the hiring of over one million manpower resources by government organisations during 2024-25, an official statement said.
Manpower outsourcing of GeM (Government e-marketplace) provides government buyers with a seamless solution to hire outsourced resources.
Over 33,000 service providers on the platform enable buyers to engage...
WhatsApp on Tuesday said it banned more than 9.7 million accounts in India during February 2025, 1.4 million of which were proactively banned prior to any user reports.
Releasing its monthly safety report, the Meta-owned messaging app also shared tips on using the platform responsibly. It listed out ways...