From UK PM Boris Johnson choosing a made-in-India bicycle to launch his multimillion-pound new health campaign to combat coronavirus to a new £8mn medicinal research collaboration, the broad spectrum of bilateral ties was once again in the limelight.
The 14th India-UK Joint Economic and Trade Committee (JETCO) will be held remotely for the first time due to the coronavirus lockdown, reflecting an urgency on both sides to speed up the much-anticipated post-Brexit reset in the bilateral relationship.
A UK government consortium led by India’s Bharti Enterprises has bagged a cutting satellite technology company with an eye on a joint telecom revolution and universal connectivity.
Indian Prime Minister Narendra Modi has placed a big bet on solar energy. In his first year in office, Modi raised India’s goal for solar power by 5 times, and subsequent Indian budgets have seen manifold increase in national lending facilities for renewable energy.
Sitharaman opens up all sectors to pvt sector, addresses bankruptcy laws; healthcare and online education
In a largely domestic-focused set of reforms, the Indian Finance Minister announces a new policy for public enterprises, decriminalises violations of the Companies Act, allows companies to list overseas, directly makes life a lot easier for businesses and people working in them. Indian Finance Minister Nirmala Sitharaman announced eight measures in the fifth and final tranche of measures to make India self-reliant and lift the country out of the Covid-induced economic slowdown. She said the private sector would be allowed [...]
In the fourth tranche of reforms promised by Indian Prime Minister Narendra Modi, the Finance Minister Nirmala Sitharaman announced far-reaching changes to encourage fresh investments as India slowly emerges from the economic slowdown brought about by the Covid-19 pandemic. Indian Finance Minister Nirmala Sitharaman on Saturday announced far-reaching and paradigm-changing reforms in a wide range of sectors like coal, minerals, defence production, civil aviation, power, space, atomic energy and social infrastructure. Related Stories: Sitharaman’s new deal for Indian farmers Nirmala [...]