India Report: Banking transformed, moving away from previous norms
The Central Bank of India is currently undertaking a comprehensive review of various financial sector regulations. This includes granting banks greater access to capital markets and the ability to lend more freely to large corporations. The aim? To boost the growth of the world’s fifth largest economy. This week’s discussion revolves around whether these changes […]
India Leads in Purchasing Russian Oil and Restarts Direct Flights to China as U.S. Trade Discussions Halt
Data from analytics firm Kpler indicates that Russia was still India’s leading supplier of oil as of September. This comes even amid significant pressure from the US aimed at cutting off financial support for President Putin’s war in Ukraine. Additionally, India is making strides to repair its relationship with China by reinstating direct flights between […]
Gold prices in India: Rates for September 30
Gold Prices in India Rise On Tuesday, gold prices in India experienced an uptick, as reported by FXStreet. The price per gram stood at INR 11,026.96, showing an increase from the previous day’s figure of INR 10,935.27. For TOLA, prices rose from INR 127,546.90 to INR 128,617.30 compared to a day earlier. Unit Measure INR […]
Fugitive brought back from India to face charges in a 20-year-old car accident that resulted in the death of a Long Island father.
A 54-year-old fugitive, Ganesh Shenoy, who fled to India after a tragic 2005 car crash in Long Island that killed a father, is now back in the U.S. to face charges. Prosecutors confirmed that Shenoy has been handed over to authorities and is set to face justice. Shenoy was charged with manslaughter following a fatal […]
Gold prices in India: Rates on September 29
Gold Prices Increase on Monday On Monday, gold prices saw a rise, as noted by FXStreet’s data. The price for gold reached INR 10,846.09 per gram, up from the previous Friday’s rate of INR 10,728.50. As for TOLA measurements, gold prices climbed to 126,506.60, compared to 125,135.10 on Friday. Unit Measure INR Gold Prices 1 […]
Trampling at political gathering in India results in 36 deaths and 40 injuries
A tragic stampede during a rally featuring popular Indian actors and political figures in Tamil Nadu has resulted in the deaths of at least 36 individuals, with 40 more sustaining injuries, according to the state health minister on Saturday. Ma Subramanian shared with The Associated Press that many victims had passed away before reaching medical […]
Pakistan’s Prime Minister Commends Trump, Expresses Anger Towards India and Israel at the U.N.
Prime Minister Shebaz Sharif’s Speech at the UN General Assembly Pakistani Prime Minister Shebaz Sharif delivered a lengthy and often combative address to the UN General Assembly on Friday, taking aim at India with claims about recent hostilities, asserting that Pakistan had effectively humiliated Indian forces. He acknowledged President Donald Trump for his role in […]
India can’t continue to support China and Russia over the U.S.
Peter Navarro’s Insights on India’s Global Alliances Peter Navarro, who served as a senior advisor to President Donald Trump focusing on trade and manufacturing, suggested that India will soon need to make a decision about aligning with the United States versus maintaining its business with Russia and China. This was during a recent round table […]
India Calls for Migrant Visas for Job-Seekers in Trade Discussions
Trade Talks and Job Opportunities: India and the US Indian diplomats are optimistic that the draft US-India trade agreement could open doors for more Indian job seekers in the United States, according to recent media reports. This week, Indian officials are engaging with those familiar with the situation to discuss ways to facilitate access for […]
If India seeks a partnership with the US, it must first tackle IP theft.
President Trump’s nominee, Sergio Goal, is set to become the next U.S. ambassador to India. He recently addressed a Senate confirmation hearing, noting that the ties between Washington and New Delhi are currently at a “critical juncture.” That’s definitely a fair observation. With tariff disputes lingering, both nations are eager to close ranks as partners […]