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Pakistan clears Murid base building footprint in Feb 2026

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ISLAMABAD: Pakistan has demolished a building inside Pakistan Air Force Base Murid that was heavily damaged during India’s May 2025 Operation Sindoor air strike, according to commercial satellite imagery dated Feb. 28, 2026. The latest image shows...
India forex reserves hit record $728.49bn on RBI data
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India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
India tops USGS list for thorium resources and fuel debate
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India tops USGS list for thorium resources and fuel debate

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NEW DELHI: India holds the world’s largest identified thorium resources, according to the latest U.S. Geological Survey compilation, a position that has long underpinned New Delhi’s interest in using the metal as part of its nuclear energy...
Canada unveils scholarships and hybrid study hubs for India
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Canada unveils scholarships and hybrid study hubs for India

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MUMBAI: Canada has announced a new package of education and research measures with India that includes scholarship funding for Indian students and the creation of “hybrid” study and research presences in India tied to Canadian institutions. The...
India joins Pax Silica initiative, signs AI pact with US
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India joins Pax Silica initiative, signs AI pact with US

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NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the...
UAE Crown Prince lands in New Delhi for India AI summit
Technology

UAE Crown Prince lands in New Delhi for India AI summit

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NEW DELHI: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in New Delhi on Wednesday on behalf of UAE President Sheikh Mohamed bin Zayed Al Nahyan to participate in the India...
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
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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
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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....