India's engineering goods exports increased by 13.81% in July 2025, marking a historic milestone as shipments exceeded $10 billion for the first time this fiscal year. According to data issued by the Engineering Export Promotion Council of India (EEPC), exports totalled $10.43 billion in July, up from $9.16 billion in the same month last year. The expansion occurred at a time when global trade continues to face challenges like rising US tariffs, policy uncertainty, and regional economic divergence. Shipments to key destinations increased significantly, with exports to the US climbing 19% t
Bengaluru investors are increasingly moving to the Dubai real estate market, drawn by higher rental rates, tax breaks, and the long-term benefits of the UAE's Golden Visa scheme. Dubai now provides rental yields of 5% to 9% and capital appreciation of up to 85% from 2020 to 2025, significantly outpacing Bengaluru, which yields between 2% and 4%. The Golden Visa program, which is available for homes worth more than AED 2 million, offers a 10-year residency option and has been a popular choice for high-net-worth individuals and professionals from India's technology sector. Furthermore, Dubai
Prime Minister Narendra Modi held a phone conversation with Finland's President Alexander Stubb, during which they discussed the Russia-Ukraine situation, India's trade relations with the European Union, and areas of bilateral cooperation. The conversation came just after Ukrainian President Volodymyr Zelenskyy suggested that Europe may soon host meetings between him and Russian President Vladimir Putin, indicating renewed diplomatic efforts. President Stubb provided an assessment of recent meetings with European leaders, the United States, and Ukraine, emphasising discussions on potential
Prime Minister Narendra Modi dedicated and laid the foundation stone for more than ₹5,400 crore of development projects across Gujarat, including trains, roads, power, housing, and urban infrastructure. Key announcements included railway projects worth over ₹1,400 crore. These included tripling the 65-kilometre Mahesana-Palanpur rail line, changing the gauge of the 37-kilometre Kalol-Kadi-Katosan Road line, and converting the 40-kilometre Bechraji-Ranuj line. Officials stated that these developments will improve passenger transport, freight transit, and commercial linkages in north Guj
Mount Everest, long recognised for its majestic heights, has unfortunately developed a less flattering reputation as the world's most polluted peak. This spring, Nepal took a bold step by deploying heavy-duty drones to help clean the mountain slopes. Airlift Technology operated two rugged DJI FC 30 drones that were flown to Camp 1—which is over 6,000 meters above sea level—to transfer accumulated waste to Base Camp. Between April and early June, these aerial vehicles returned with around 300 kilogrammes of waste, which included discarded oxygen cylinders, plastic bottles, and other mou
Delhi plans to firmly establish itself as India's leading electric vehicle centre by significantly expanding its electric bus fleet, says Transport Minister Pankaj Singh. The city now operates 3,400 electric buses, a huge increase from 400 when Singh took office. By the close of this year, the number is expected to reach approximately 6,000, as part of a broader initiative to replace older diesel vehicles. Singh stated at the India Clean Transportation Summit 2025, hosted at the India International Centre, that Delhi "requires 7,000 to 8,000 electric buses" following route rationalisation,
Egypt and Japan strengthened their bilateral relations by signing twelve agreements and MoU covering diverse fields like education, renewable energy, industrial cooperation, green economy, tourism, and technology. The accords were formalised during the Egypt-Japan Investment Forum in Tokyo, which was attended by Prime Minister Mostafa Madbouly, senior Egyptian cabinet members, and Japanese officials, demonstrating both governments' strong commitment. In education, Casio agreed to train mathematics teachers, Sprix partnered to develop maths and IT curricula modeled on Japanese standards, an
Vietnam will surpass Thailand to become the world's second-largest rice exporter in 2025, highlighting the country's growing position in global food supply. Prime Minister Pham Minh Chinh, on the other hand, has urged authorities and manufacturers to shift their attention away from volume and towards developing a sustainable, high-value export market. Vietnam's rice sector is facing significant challenges such as salinity intrusion, prolonged drought, and climate change. Additionally, exporters must adhere to stricter quality standards in demanding markets such as the European Union and Ja
Prime Minister Narendra Modi stated that India is ready to play a defining role in lifting the global economy out of slow growth. Speaking in New Delhi, he stated that India's journey has been guided by the mantra of "reform, perform, and transform," citing expert projections that the country's GDP share might soon reach 20%. He emphasised that India is on course to become the world's third-largest economy, intending to be a developed nation by 2047. PM Modi highlighted upcoming changes, stating that next-generation Goods and Services Tax reforms would be completed before Diwali. He stated
Sri Lanka has renewed its focus on increasing tea exports to India, hoping to enhance economic ties and open up new trade opportunities. Under the current free trade agreement, the island nation, known internationally for its premium Ceylon tea, is allowed to export up to 15 million kilogrammes to India each year. Despite the preferential quota, Sri Lanka has not been able to utilise the concession fully. At a trade interaction organised by the World Trade Centre in Mumbai on Wednesday, Sri Lanka’s Consul (Commercial), Shirani Ariyarathne, highlighted the need to enhance bilateral trade.