India's Industrial Production Grows by 6.7% in July

India's industrial production saw a year-on-year increase of 6.7% in July, surpassing economists' expectations. Despite a slowdown compared to June, manufacturing activity continues to support the momentum of the third-largest economy in Asia. Growth Exceeds Forecasts The Indian industry continued its upward trend in July. According to data......

India: Regulator Aims to Boost Institutional Investor Participation in Small Business IPOs

The Indian IPO market could undergo significant regulatory changes. The financial regulator is considering imposing certain requirements on small businesses that are currently applied to companies listed on the main market, including increased participation from institutional investors. The goal is to enhance the quality of IPOs and address......

Floods in Nepal and Tibet: Death toll exceeds 350, over 1,300 missing

A massive glacial collapse at the border between Nepal and Tibet on Wednesday morning unleashed a wall of water, mud, and rocks across Himalayan communities, killing at least 350 people and leaving more than 1,300 missing, including hundreds of foreign tourists and pilgrims from around twenty countries. Rescue teams were scouring debris-strewn......

Porsche invests €1.25 billion in AI and sells MHP to TCS

The German car manufacturer Porsche is accelerating its digital transformation. The brand has entered into a five-year strategic partnership with Tata Consultancy Services (TCS), valued at €1.25 billion, aimed at developing the use of artificial intelligence across various activities within the group. At the same time, Porsche will sell......

Morocco-India: Two Agreements to Strengthen Cultural and Health Cooperation

Morocco and India are giving new momentum to their partnership. Meeting on Monday in Rabat during the 7th session of the Joint Commission, the two countries concluded two agreements aimed at expanding their cooperation, particularly in the fields of culture and food safety. The first agreement establishes a cultural exchange program for the......

India produces first fully domestically made AK-203 rifle

India has reached a new milestone in its efforts to strengthen domestic defence manufacturing with the production of its first AK-203 assault rifle made entirely from Indian-sourced components and materials. The rifle was manufactured and tested by Indo-Russian Rifles Private Limited (IRRPL), the joint venture established by India and Russia......

MV Ocean Winner Shipwreck Off the Coast of India: 22 Sailors Still Missing

A major search and rescue operation continued on Sunday off the east coast of India following the sinking of a bulk carrier flying the Panamanian flag. Two crew members have been found alive, while 22 other sailors remain missing. The MV Ocean Winner was en route to Singapore after leaving the port of Paradip in the state of Odisha when it......

Kashmir: Pakistan Summons US Representative After Pro-India Remarks

A statement from the American ambassador to India regarding the status of Kashmir has prompted an immediate reaction from Islamabad. Pakistan summoned the American chargé d'affaires and condemned remarks it deems contrary to the internationally disputed status of the territory, reigniting sensitivities surrounding a dispute that has lasted......

Volkswagen Aims to Finalize Its Strategic Partnership in India This Year

The Volkswagen Group aims to accelerate its development in the Indian automotive market by partnering with a local player. According to Klaus Zellmer, CEO of Škoda, an alliance could be finalized by the end of 2026 to share risks, enhance the group's industrial capabilities, and improve competitiveness in one of the world's largest automotive......

India: Nine Dead in Hotel Fire in Kolkata

A deadly fire ravaged a hotel in Kolkata, eastern India, leaving at least nine dead and several injured, according to officials cited by local media on Wednesday. The blaze broke out in the early hours of the morning while around 60 guests were still inside the establishment. Thick smoke quickly spread through various parts of the hotel, complicating......

India: 15 people killed in fire and stampede during religious observances

At least 15 people were killed in two separate incidents in eastern India on Monday during religious gatherings, according to local officials. Eight people died after a fire broke out at a hotel in Tarapith, a town in West Bengal known for its religious significance. The incident occurred as worshippers and visitors gathered in the area for......

Bollywood stars urged to remove surrogate advertisements amid Maharashtra food safety crackdown

Three leading Bollywood actors, including Shah Rukh Khan, have been asked by authorities in India’s Maharashtra state to stop appearing in surrogate advertisements linked to a brand associated with a banned betel nut product. The warning comes as the state launches a wider food safety campaign targeting hygiene violations and regulatory......

India ends dollar-raising drive early as foreign inflows ease balance of payments concerns

India’s central bank has brought an early end to a major foreign currency fundraising programme after stronger-than-expected inflows improved the country’s external position, while analysts warned that extending the initiative could have created new policy challenges. The Reserve Bank of India (RBI) shortened the timeline of its......

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