India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.
India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.
Given the current friction in ties, such a visit looks unlikely at this juncture.
Cricket superstar Virat Kohli has announced that the 2027 50-overs World Cup will be his final appearance for India in the format.
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
India's government is set to release its draft National Steel Policy for public consultation, aiming for over 600 million tonnes of steelmaking capacity and 500 million tonnes of consumption by 2047. The policy will also introduce a ~5,000-crore scheme to incentivise small steel producers for carbon emission reduction and address challenges like raw material availability and technological dependence.
Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.
Indian pilot Captain Smit Machchhar has been hailed as a hero by Israeli leaders for his extraordinary bravery in thwarting an alleged mid-air attack by his co-pilot on a flydubai flight. Despite being stabbed and seriously injured, Machchhar managed to open the cockpit door, allowing passengers and crew to overpower the attacker and prevent a catastrophic disaster. The flight, carrying 174 passengers, safely landed in Saudi Arabia, and Machchhar is recovering.
Indian benchmark indices Sensex and Nifty experienced volatile trading, influenced by elevated crude oil prices, high US bond yields, and selling pressure in IT stocks, despite an early rebound.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
India is closely monitoring the health of Captain Smit Machchhar, an Indian pilot who bravely saved a flydubai flight despite being stabbed by his co-pilot. Machchhar, initially treated in Saudi Arabia, has been moved to Abu Dhabi for further medical care, with Indian diplomatic missions providing full support.
Supreme Court Justice Ujjal Bhuyan has unequivocally stated that any process disenfranchising Indian citizens is arbitrary and violates the Constitution.
For the first time on foreign soil, 'Vande Mataram' was played before a cricket match, preceding the national anthem at the India vs Japan T20 International in Sano, Japan.
The Narcotics Control Bureau (NCB) has arrested seven individuals, including two foreign nationals, for their involvement in an interstate cocaine trafficking network operating between Bengaluru and Kerala. The operation, named 'Domino', led to the seizure of 33.1 grams of cocaine worth Rs 16.55 lakh and uncovered links to individuals previously deported from the UAE for drug offences.
The Bill proposes replacing employment-based Green Card preferences with a points-based immigration framework.
Billy Joel has provided a reassuring health update to fans, confirming he is 'okay' after undergoing brain surgery in September to address normal pressure hydrocephalus, a condition he was diagnosed with in 2025.
Indian benchmark indices, Sensex and Nifty, traded marginally higher in early trade despite the US Federal Reserve's recent rate hike and indications of further tightening, with the National Stock Exchange's much-anticipated Rs 22,569-crore IPO also opening for subscription.
Lionel Messi's final appearance for Argentina marks the end of a two-decade international career. Initially unknown to Argentine football authorities and facing skepticism, Messi's bond with his home country strengthened over time, culminating in World Cup glory. This retrospective explores his challenging journey from a Barcelona prodigy to an undisputed national icon.
Global payments solution major Mastercard has fully exited Indian fintech firm Pine Labs, selling its entire 4.31 per cent stake for Rs 933 crore through block deals on the BSE.
A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in connection with an NIA case involving a drone warfare training camp linked to ethnic armed groups in Myanmar. The bail was granted on a personal bond of Rs 1 lakh, with conditions to remain in Delhi and cooperate with the investigation. The NIA's chargesheet did not invoke UAPA provisions, instead citing the Immigration and Foreigners Act, leading to the default bail.
Indian pilot Captain Smit Machchhar is in stable condition in Saudi Arabia after being seriously injured while preventing his co-pilot from crashing a Flydubai flight. He was stabbed during the incident, but managed to alert others, leading to the co-pilot's incapacitation and a safe landing. Both Indian and Israeli leaders have praised his heroic actions.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
Following the Indian men's hockey team's historic Asian Games gold and direct qualification for the Los Angeles 2028 Olympics, Head Coach Craig Fulton revealed plans to 'build a new team afresh' after the Hockey India League, emphasising the need for meticulous planning for the upcoming Games.
External Affairs Minister S Jaishankar strongly rebuked a Pakistani journalist at the UN headquarters who questioned India's alleged sponsorship of terrorism, calling Pakistan a "terrorist country."
A Delhi court has granted default bail to US national Matthew Aaron Van Dyke, who was arrested in a terror-conspiracy case being probed by the National Investigation Agency, amidst ongoing investigations into potential UAPA offences.
The proposed order will state that students currently in Classes 7, 8 and 9 who have opted for two foreign languages under the existing framework will be allowed to continue with the same combination until Class 10.
External Affairs Minister S Jaishankar has publicly acknowledged India's intensified diplomatic efforts to resolve the Ukraine conflict, engaging directly with both Kyiv and Moscow. India is focusing on critical issues like Black Sea shipping safety, grain exports, and energy supplies, moving beyond its previous advocacy role. Jaishankar also highlighted India's historical ties with Russia and discussed the evolving global geopolitical landscape, including the repositioning of the US and the rise of China.
UK Prime Minister Andy Burnham stated that the UK believes Iran played a part in an incident near an RAF base in south-west England, currently under counter-terrorism investigation. Five British nationals were arrested and bailed. The incident occurred near RAF Fairford, which hosts US Air Force operations and has been used for airstrikes against Iran. Iran has denied involvement, calling it "Iranophobia."
Five Indian nationals aboard a Kuwait-flagged tanker were safely shifted ashore after the vessel was struck by a projectile in the Strait of Hormuz, the Embassy of India in Oman said.
A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.
India-US ties may be strained, but abandoning the relationship is not the answer; India must deal with Washington firmly without becoming either servile or hostile, asserts Ambassador T P Sreenivasan.
Captain Smit Machchhar, an Indian pilot operating flydubai flight FZ1073 from Dubai to Tel Aviv, is being airlifted to Abu Dhabi for advanced medical care after suffering stab wounds during a violent mid-air cockpit attack by his co-pilot.
BJP leaders and devotees across India are performing pujas and havans for the speedy recovery of Captain Smit Machchhar, who was stabbed while thwarting an alleged attempt to crash a Dubai-Tel Aviv flight. Temples like Kashi Vishwanath, Kedarnath, and Somnath are holding special rituals, honouring his courage in saving 174 lives.
Indian benchmark indices, Sensex and Nifty, closed lower on Tuesday, with the Sensex declining 329.91 points to 74,529.08 and the Nifty dipping 85.30 points to 23,329, primarily dragged by underperformance in IT, financial, and capital goods stocks despite positive global market trends and easing crude oil prices.
Police are investigating a revenge angle in the recent murder of a gym trainer in South Delhi's Aya Nagar. The killing is suspected to be part of an ongoing feud between two families, with alleged gang involvement and a social media claim of responsibility by a foreign-based gangster.
Indian benchmark indices, Sensex and Nifty, experienced a significant drop in early trade, with the Sensex falling over 600 points, primarily due to crude oil prices surging past the USD 100 per barrel mark and weak global market trends. Track Sensex, Nifty on September 24.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
