According to Union Minister Dr. Jitendra Singh, India's space economy is expected to grow by over five times to reach USD 44 billion in future. Speaking at the 'Space-Tech for Good Governance' Conclave, organised by the Indian Institute of Democratic Leadership, he emphasised the country's remarkable progress in space technology. According to the Ministry of Science and Technology, organisations such as NSIL and In-SPACe have encouraged collaboration between the government and the business sector, propelling India's space economy to its present USD 8 billion valuation. Dr. Singh emphasi
India is strengthening its economic and diplomatic ties with the United Kingdom, with fresh initiatives aimed at expanding their £41 billion trading agreement. External Affairs Minister S. Jaishankar is in the UK to advance negotiations on trade, investment, and strategic relations. His visit is anticipated to speed up ongoing negotiations and create new prospects for collaboration. As part of this increasing connection, India will establish two new consulates in Belfast and Manchester. This action is intended to boost regional economic involvement, increase investment relations, and prov
In 2024, non-oil trade between the United Arab Emirates (UAE) and India reached over US$65 billion, a 20.5% rise from US$54 billion in 2023. This increase is due to the ongoing success of the Comprehensive Economic Partnership Agreement (CEPA), which is now in its third year. India remained the UAE's leading destination for non-oil exports, accounting for 13.5% of total exports. The volume of these exports increased by a startling 75.2% compared to 2023, demonstrating the two countries' growing economic relations. Experts credit CEPA with eliminating trade barriers and lowering tariffs, re
The UAE-based Aqua Bridge Group would spend ₹4,000 crore in Uttar Pradesh's fisheries sector, transforming the industry significantly. This is one of the largest foreign investments in India's aquaculture industry. The initiative's goal is to build an advanced fish farming ecosystem through cutting-edge technology, research, and structured market networks. The UP Industrial Development Authority (UPIDA) will oversee the project, which will be centred in Unnao's Saraiya village and span six districts: Sitapur, Hardoi, Unnao, Ayodhya, Barabanki, and Rae Bareli. Unnao's fish farming cluster
On February 18, Singapore's Minister for Development, Desmond Lee, officially opened the Gemilang Kampong Gelam Festival and Ramadan Bazaar. The occasion demonstrates the government's dedication to both tourism and cultural preservation. The government has taken steps to aid these efforts, such as creating an inter-agency task force and a limited liability business with a guarantee. These actions are intended to preserve Kampong Gelam's cultural heritage while increasing its economy. Kampong Gelam is one of Singapore's oldest districts and has a rich cultural past. It continues to be a
Asia's FinTech business is expanding at an unprecedented rate, with total transaction volumes expected to reach $18.9 trillion by the end of 2025. According to UnaFinancial's most recent data, there has been a 12.6% increase year-on-year, strengthening Asia's supremacy in the global FinTech market. In 2024, the region had FinTech transactions of $16.8 trillion, up $2.1 trillion from the previous year. Asia accounted for 48.2% of the worldwide FinTech sector, worth $34.8 trillion. Digital payments and transfers continued to drive the expansion, accounting for $834 billion of total growth. D
Thailand's tourism potential is being actively promoted by the Tourism Authority of Thailand (TAT) at the South Asia Travel and Tourism Exchange (SATTE) 2025. The Yashobhoomi-India International Convention and Expo Centre will host the event from February 19–21. It is an important opportunity for Thailand to interact with Indian tourists. TAT celebrates its 16th year of involvement, taking advantage of the chance to highlight Thailand's diverse travel options and rich cultural legacy. Over 35,000 people are anticipated to attend SATTE 2025, India's largest travel and tourism show, includ
On Friday, leaders from the Gulf Cooperation Council (GCC), Jordan, and Egypt will gather in Saudi Arabia for a pivotal meeting. Crown Prince Mohammed bin Salman will greet the leaders in Riyadh for what has been called "an informal brotherly meeting," according to the Saudi Press Agency (SPA). The meeting is a continuation of a long-standing custom of frequent informal talks between these countries. According to officials, the gathering will offer a chance to discuss regional cooperation and developments. The agenda for the next Arab summit will be a major point of discussion. Egypt re
Thai visitors no longer need a visa to enter Mumbai, Delhi, Chennai, Kolkata, Bangalore, and Hyderabad. Up to December 31st, the Indian government has instituted a 30-day visa-free entry policy. To balance the growing number of Indian tourists visiting Thailand, this effort seeks to draw in more Thai tourists. The Indian embassy in Thailand affirmed on February 7 that Thai visitors are not required to pay a visa fee to enter India. Single or multiple entry and a maximum stay of 30 days are permitted with the e-tourist visa. The application must be filled out beforehand via the official web
The Reserve Bank of India (RBI) has launched a new smartphone application, 'RBI Data,which aims to provide easy access to vital financial and economic information. With this software, users may effortlessly access over 11,000 different data series about India's economy. The program seeks to make it easier to retrieve financial information by reducing the need to recall multiple economic indicators. According to RBI, the app will provide financial and economic data in a user-friendly and visually appealing style. The software offers graphical representations and charts of time-series data,