Business

India approves $1.1B venture fund of funds for startups

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NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s...
Modi unveils 2047 tax holiday to grow India data centres
Business

Modi unveils 2047 tax holiday to grow India data centres

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MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive...
WTO meeting in India focuses on fostering resilient trade policies
Business

WTO meeting in India focuses on fostering resilient trade policies

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India led a WTO meeting discussing resilient trade strategies, digital solutions for trade barriers, and climate action tailored for developing nations, fostering inter-regional cooperation....
PM Modi, President Sheikh Mohamed fortify UAE-India ties for robust future
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PM Modi, President Sheikh Mohamed fortify UAE-India ties for robust future

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In a landmark event marking the deepening of diplomatic and economic bonds, United Arab Emirates’ President, Sheikh Mohamed bin Zayed Al Nahyan, and Indian Prime Minister, Narendra Modi, convened in Abu Dhabi. The focus of...
Technology

India secures over 200 patents for 6G technology under Modi’s visionary leadership

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India has successfully secured over 200 patents for 6G technology, announced Communications and IT Minister Ashwini Vaishnaw at the inaugural ceremony of the Bharat 6G Alliance in New Delhi. A significant milestone in the technological...
Strengthening UAE-India relations: Top diplomats discuss economic partnership
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Strengthening UAE-India relations: Top diplomats discuss economic partnership

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Sheikh Abdullah bin Zayed Al Nahyan, the Minister of Foreign Affairs, held a crucial meeting with Dr. Subrahmanyam Jaishankar, the Indian Minister of External Affairs, during the ‘Friends of BRICS’ meeting in Cape Town, South...
Successful UAE-India partnership stands as a model of bilateral cooperation
Business

Successful UAE-India partnership stands as a model of bilateral cooperation

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New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as Sanjeev Bajaj, President of CII,...