State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
Russian President Vladimir Putin has arrived in India for a three-day visit to attend the BRICS summit and hold bilateral talks with Prime Minister Narendra Modi, focusing on expanding trade, investment, and energy cooperation amidst global geopolitical challenges.
West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Prime Minister Narendra Modi urged Russian President Vladimir Putin to move from 'endless war to the end of war' in Ukraine, emphasising that a peaceful resolution is humanity's shared priority.
'With this deal, we may see even 50 launches a year within the next few years.'
GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.
'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'
Prime Minister Narendra Modi was accorded a grand welcome on his arrival in Jakarta on Monday, with Indonesian Air Force fighter jets escorting the PM's aircraft upon entering Indonesian airspace, marking a ceremonial welcome.
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.
L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
Platform-style partnerships between global investors and Indian developers are expected to gain further traction over the next few years. This comes as institutional capital increasingly shifts from one-off asset acquisitions to scalable, long-term strategies.
Formula E is entering its Gen4 era with ambitious plans to close the performance gap with Formula One, aiming for near-F1 speeds on several tracks by the end of the next four-season cycle. The all-electric series anticipates Gen4 cars reaching 335 kmph with significant lap time improvements, driven by advanced technology and high efficiency. Despite manufacturer exits, co-founder Alberto Longo asserts continued interest, while CEO Jeff Dodds believes electric racing could eventually surpass F1 in performance, bolstered by new partnerships like Disney+ to boost awareness.
United States President Barack Obama vowed to build a 'true global, strategic partnership' with India and stressed on advancing bilateral economic ties and making progress on nuclear security efforts, when he dropped in during key talks between National Security Adviser Shivshankar Menon and his US counterpart Tom Donilon. "The President joined the meeting (between Menon and Donilon) and reaffirmed his commitment to building a true partnership with India,"the White House said
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.
Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.
'The flip side of this is that he won't hesitate to call out India if he thinks its policies are hurting US economic interests or border US foreign policy goals.'
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
India and Israel have strongly condemned terrorism in all its forms, including cross-border terrorism, and reaffirmed their commitment to combating the threat.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
India and Japan have signed a Memorandum of Arrangement on maritime security cooperation, committing to deepen defence ties and oppose unilateral actions that impede freedom of navigation in the Indo-Pacific, a move seen as directed at China's increasing military presence.
The visit was expected to project Assam as the gateway to Southeast Asia and reinforce the state's emergence as a preferred investment destination.
A readout by the US said the agreement marked a milestone in the strategic partnership between the two nations to ensure that the foundational elements required for advanced technology and energy are available within trusted networks.
Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
