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ADB Chief Highlights FTAs and Tariff Reductions as Key to Boosting India's FDI

ADB Chief Highlights FTAs and Tariff Reductions as Key to Boosting India's FDI

The Asian Development Bank (ADB) Chief Economist Albert Park has emphasized the importance of Free Trade Agreements (FTAs), reduced import tariffs, and an improved business environment to enhance foreign direct investment (FDI) in India. Park noted that India's net FDI inflows have decreased significantly over recent years, from $38.6 billion in 2021-22 to $10.2 billion in FY24. He suggested that developing industrial zones with robust infrastructure could make India more attractive to foreign firms. Park also highlighted the need for better governance of cities through integrated planning to meet business needs efficiently. The ADB has projected India's GDP growth to remain robust, despite challenges such as high oil prices and the ongoing Middle East crisis.
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Eurobattery Minerals Plans 2027 Tungsten Production in Spain with New Buy Recommendation

Eurobattery Minerals Plans 2027 Tungsten Production in Spain with New Buy Recommendation

Eurobattery Minerals Plans 2027 Tungsten Production in Spain with New Buy Recommendation
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US Treasury, India's Adani Enterprises settle alleged Iran sanctions violations

US Treasury, India's Adani Enterprises settle alleged Iran sanctions violations

By Dan Rosenzweig-Ziff WASHINGTON, May 18 (Reuters) - The U.S. government said on Monday India's Adani Enterprises agreed to pay $275 million to settle alleged sanctions violations involving Iran, as the Trump administration moved to resolve several cases involving Indian billionaire Gautam Adani. 
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Stocks fall and oil prices gain after Trump warns the Iran 'clock is ticking'

Stocks fall and oil prices gain after Trump warns the Iran 'clock is ticking'

Asian stocks are mostly lower and oil prices have jumped after U.S. President Donald Trump warned Iran that the “clock is ticking” as talks over a permanent end to the war stall
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Vice President Radhakrishnan Commends Sikkim's Organic Character at Statehood Day Event

Vice President Radhakrishnan Commends Sikkim's Organic Character at Statehood Day Event

Vice President of India, C. P. Radhakrishnan, praised Sikkim for its environmental sustainability and social harmony during the 51st Statehood Day celebrations in Gangtok. He highlighted Sikkim's identity as not only organic in agriculture but also in character, emphasizing the simplicity, discipline, and values of its people. Despite challenging weather conditions, Radhakrishnan traveled by road and observed the everyday life of Sikkim's residents, describing them as sober, disciplined, and respectful. The event, attended by state leaders including Chief Minister Prem Singh Tamang and Governor Om Prakash Mathur, celebrated Sikkim's progress in governance, environmental conservation, and cultural preservation since its integration into the Indian Union.
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Foreign Institutional Investors Sell Off Major Stakes in Indian Blue-Chip Stocks, Triggering Market Volatility

Foreign Institutional Investors Sell Off Major Stakes in Indian Blue-Chip Stocks, Triggering Market Volatility

Foreign Institutional Investors Sell Off Major Stakes in Indian Blue-Chip Stocks, Triggering Market Volatility
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IHG Hotels Resorts Partners with Adani Airport Holdings for Five New Hotels in India

IHG Hotels Resorts Partners with Adani Airport Holdings for Five New Hotels in India

IHG Hotels Resorts Partners with Adani Airport Holdings for Five New Hotels in India
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India's Stock Market Faces Challenges as AI Investment Shifts Global Focus

India's Stock Market Faces Challenges as AI Investment Shifts Global Focus

India's stock market is experiencing a downturn as global investment shifts towards artificial intelligence (AI) technologies. The country's market, once a favorite among emerging markets, is now at risk of falling out of the world's top five due to a lack of AI-driven growth. The Indian stock market is heavily reliant on IT services, a sector now vulnerable to AI automation. This shift has led to a significant reallocation of global investment, with foreign investors withdrawing at an accelerating pace. The market's value has dropped significantly from its peak, and the rupee has hit record lows against the dollar. The situation is exacerbated by rising oil prices and inflation risks, further pressuring the Indian economy.
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DCM Shriram Ltd. Reports Significant Revenue and Profit Growth for FY26

DCM Shriram Ltd. Reports Significant Revenue and Profit Growth for FY26

DCM Shriram Ltd. Reports Significant Revenue and Profit Growth for FY26
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Chambal Fertilisers Reports 18% Increase in FY26 Net Profit Amid TAN Plant Commissioning

Chambal Fertilisers Reports 18% Increase in FY26 Net Profit Amid TAN Plant Commissioning

Chambal Fertilisers Reports 18% Increase in FY26 Net Profit Amid TAN Plant Commissioning
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DCM Shriram Ltd. Achieves 12% Revenue Growth and 42% Profit Increase in FY26

DCM Shriram Ltd. Achieves 12% Revenue Growth and 42% Profit Increase in FY26

DCM Shriram Ltd. Achieves 12% Revenue Growth and 42% Profit Increase in FY26
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Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability

Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability

Foreign Institutional Investors Sell Off Rs. 75,825 Crore in Indian Blue-Chip Stocks, Impacting Market Stability