Airbus Board Chairman Rene Obermann told attendees at the Berlin Global Dialogue that India represents a strategic partner for the aerospace company. He praised the country’s engineering capabilities after spending a week there recently. Obermann said discussions with Indian counterparts focused on improving quality rather than just reducing costs. The executive expressed strong confidence in…
India’s Panchayati Raj Ministry will screen a two-minute public awareness film in theaters nationwide from Friday through Nov. 6. The documentary features Prime Minister Narendra Modi and highlights the People’s Plan Campaign, which seeks citizen input on village development projects. Officials say the campaign aligns with Modi’s vision of public participation and expanding government programs…
Pakistan’s poverty rate climbed to 39 percent as economic troubles pushed 12.5 million more people below subsistence levels. Inflation and declining per capita output squeezed families already struggling with basic needs, while over one-third of children remained out of school in 2024-25. Energy sector debts reached 2.4 trillion rupees through guaranteed profit contracts with private…
Indian consumer confidence rose 1.4 percentage points in October 2025 as festival celebrations and tax reductions boosted household spending power. Market researcher Ipsos reported that goods and services tax reforms lowered living costs and allowed families to save more money for discretionary purchases. The positive shift reflected greater optimism about employment prospects, personal finances and…
Indian stock indexes fell on Friday as investors ended a six-day rally by selling shares after news emerged about potential American scrutiny of Chinese trade commitments. The Sensex dropped 344.52 points to close at 84,211.88 while the Nifty declined 96.25 points to finish at 25,795.15. Consumer goods companies such as Hindustan Unilever and cement producer…
Prime Minister Narendra Modi said on Friday that tax reduction initiatives boosted consumer spending and created employment opportunities across India. The leader addressed thousands of young people receiving government job appointments through video conference at a national recruitment event. More than 51,000 candidates have received permanent position letters, as officials have distributed over 1.1 million…
India will reject hasty trade agreements that limit its commercial freedom, Commerce and Industry Minister Piyush Goyal stated on Friday at the Berlin Global Dialogue. The minister emphasized that negotiations focus on building lasting relationships rather than meeting short-term export targets. His remarks addressed European objections to Indian purchases of discounted Russian crude oil that…
The National Stock Exchange launched four mobile applications and upgraded its mutual fund investment platform on Friday to improve investor access to market information. The new digital products feature a portfolio tracking app available in 13 Indian languages, a WhatsApp chatbot for price updates and a member portal with compliance dashboards. Companies can monitor submission…
Mutual fund assets from smaller Indian cities reached 14.50 trillion rupees in September 2025 as investors outside major metropolitan areas increased their market participation. The figure represents 19 percent of total industry holdings and grew 2.6 percent from the previous month while climbing 15 percent compared with September 2024. Individual investors from these locations allocated…
Finance Minister Nirmala Sitharaman said on Friday that Indian retail sales reached record levels this festive season because of recent tax policy changes. She spoke at the opening ceremony of a new central tax office in Ghaziabad, where she credited goods and services tax adjustments for stronger consumer spending. Retail transactions totaled 6.05 lakh crore…
