THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 16, 2025 The United States may refrain from imposing secondary tariffs on India for continuing to purchase Russian crude oil, with President Donald Trump indicating that Moscow has already lost a significant client in New Delhi. Speaking to Fox News aboard Air Force One en route to Alaska, Trump said the US may not move ...
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India retains fastest-growing economy tag as World Bank projects 6.3pc growth for FY26
THEBUSINESSBYTES BUREAU WASHINGTON, JUNE 10, 2025 The World Bank has maintained its projection for India’s economic growth at 6.3% for the fiscal year 2025–26 (FY26), reaffirming the country’s status as the fastest-growing major economy globally, according to the latest Global Economic Prospects report released on Tuesday. While India’s growth moderated in FY2024–25, primarily due to a slowdown in industrial output, ...
Read More »Trade talks with India ‘coming along great,’ says Prez Trump
THEBUSINESSBYYTES BUREAU WASHINGTON, APRIL 30, 2025 In a promising development for global trade, US President Donald Trump on Tuesday affirmed that trade negotiations with India are progressing well, raising hopes for a landmark agreement between the world’s largest democracies. Speaking to reporters at an airport en route to a rally in Michigan to mark the first 100 days of his ...
Read More »Sitharaman, US Chamber CEO discuss strengthening India-US business ties
THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 27, 2025 Union Finance Minister Nirmala Sitharaman met with US Chamber of Commerce President and CEO Suzanne Clark on Thursday to discuss the expanding business ties between India and the United States. The meeting, held in New Delhi, also included Atul Keshap, President of the US-India Business Council (USIBC). During the discussions, Sitharaman expressed India’s ...
Read More »Stranded US astronauts Sunita Williams and Butch Wilmore return to Earth after nine months
THEBUSINESSBYTES BUREAU WASHINGTON, MARCH 19, 2025 American Astronauts Sunita Williams and Butch Wilmore returned to Earth on Tuesday evening, marking the end of an unexpected nine-month stay aboard the International Space Station (ISS). They were originally scheduled for an eight-day mission but remained in orbit due to a malfunction in their intended return spacecraft, Boeing’s Starliner. The SpaceX Dragon spacecraft, ...
Read More »India and Qatar reaffirm commitment to strengthen bilateral economic relations
New Delhi, June 6, 2024 (TBB Bureau): The first meeting of the Joint Task Force on Investment (JTFI) between India and Qatar was held here on Thursday, marking a significant step forward in enhancing the economic partnership between the two nations. The meeting, co-chaired by Ajay Seth, Secretary of the Department of Economic Affairs, Ministry of Finance, and Mohamed bin ...
Read More »NHPC partners with Norwegian company Ocean Sun to explore floating solar technology in India
New Delhi, April 30, 2024 (TBB Bureau): NHPC Limited, India’s foremost entity in hydropower development, has forged a strategic alliance with M/s Ocean Sun, a pioneering Norwegian firm specializing in floating solar technology. Under the Memorandum of Understanding (MoU) inked between the two entities, NHPC and Ocean Sun are set to collaborate on the deployment and demonstration of Ocean Sun’s ...
Read More »Deakin University honors Prof. Mukti Kanta Mishra with honorary doctorate for transformative contributions
TBB BUREAU MELBOURNE(AUSTRALIA), FEB 13, 2024 Deakin University, renowned for its commitment to innovation and visionary leadership, bestowed an Honorary Doctorate upon Centurion University of Technology and Management (CUTM) Co-founder & President Professor Mukti Kanta Mishra in recognition of his outstanding contributions to education, skill development, and social entrepreneurship in India. Prof. Mishra’s exemplary leadership at Centurion University and his ...
Read More »UK invites India’s young women to be ‘High Commissioner for a Day’
TBB BUREAU BHUBANESWAR, AUG 5, 2023 To mark the International Day of the Girl Child on October 11, the British High Commission is offering young Indian women a chance to spend a day as one of the UK’s top diplomats. The annual ‘High Commissioner for a Day’ competition, with focus on Sustainable Development Goals, will provide an opportunity to Indian ...
Read More »PM Modi congratulates King Charles III, Queen Camilla on their coronation
TBB BUREAU NEW DELHI, MAY 6, 2023 Indian Prime Minister Narendra Modi on Saturday congratulated King Charles III and Queen Camilla on their coronation. In a tweet, the Prime Minister said; “Warmest congratulations to King Charles III and Queen Camilla on their coronation. We are sure that the India-UK relationship will be strengthened further in the coming years. @RoyalFamily”
Read More »Gianni Infantino re-elected as FIFA President
TBB BUREAU ZURICH (SWITZERLAND), MAR 16, 2023 Gianni Infantino will serve a second term as FIFA President after being re-elected unopposed to lead global football’s governing body for another four years, during the 73rd FIFA Congress in Kigali, Rwanda. He will serve from 2023 to 2027. “Being FIFA President is an incredible honour, an incredible privilege, and it is also ...
Read More »Unprecedented shocks dampen growth in South Asia
TBB BUREAU NEW DELHI, OCT 6, 2022 Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented combination of shocks on top of the lingering scars of the COVID-19 pandemic. Growth in the region is dampening, says the World Bank, underscoring the need for countries to ...
Read More »Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada
TBB BUREAU NEW DELHI, OCT 3, 2022 Vedanta founder Anil Agarwal has been honoured with the Global Indian Award by the Canada-India Foundation at its 15th annual gala in Toronto, Canada at the weekend. Agarwal donated the award money of $50,000 to a Canadian health charity working for the welfare of native Indians. Accepting the award, the billionaire business tycoon ...
Read More »Bhutan reopens its borders with new tourism strategy
TBB BUREAU MUMBAI, SEPT 23, 2022 The Kingdom of Bhutan today reopened its borders to international guests after the COVID-19 pandemic. The country has unveiled a new tourism strategy, underpinned by transformations in three key areas: enhancements to its sustainable development policies, infrastructure upgrades, and the elevation of the guest experience. Bhutan’s noble policy of High Value, Low Volume tourism ...
Read More »Queen Elizabeth II no more
TBB BUREAU BHUBANESWAR, SEPT 08, 2022 Britain’s longest serving monarch, Queen Elizabeth II passed away today at the age of 96.
Read More »UK celebrates Commonwealth Day-2022 with Odisha
TBB BUREAU BHUBANESWAR/PURI, MARCH 13, 2022 The British Deputy High Commission in Kolkata commemorated the Commonwealth Day 2022 with a friendly Beach Volleyball Match between a joint team of ‘UK in Kolkata’ and Team ‘Odisha Sports’ at the Blue Flag Beach, Puri in a joint collaboration with the Sports & Youth Services Department of Odisha and the Puri District Administration ...
Read More »Singapore Airlines firms up order for seven Airbus A350F freighter aircraft
TBB BUREAU BHUBANESWAR, FEBRUARY 16, 2022 Singapore Airlines (SIA) has firmed up an order for seven Airbus A350F freighters, with options for five more aircraft. The A350Fs will replace SIA’s seven Boeing 747-400F freighters. The Airline will be the first carrier to operate this new generation wide body freighter aircraft when deliveries begin in the fourth quarter of 2025. Airbus ...
Read More »Syngenta Group appoints Feroz Sheikh as Chief Information and Digital Officer
TBB BUREAU BASEL (SWITZERLAND), DEC 6, 2021 Syngenta Group has appointed Feroz Sheikh as Chief Information and Digital Officer, effective January 1, 2022. Sheikh, based in Basel, will join the extended Syngenta Group leadership team and report to the CEO. He is currently the head of digital engineering and data science at Syngenta. Sheikh takes over from Greg Meyers, who ...
Read More »World Bank approves $500mn program to protect India’s informal sector workers
TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks. Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...
Read More »Satya Nadella appointed as Microsoft Chairman
NEW YORK, JUNE 17 Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman. “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...
Read More »Cabinet nod for MoU between ICAI and Qatar Financial Centre Authority
TBB BUREAU NEW DELHI, MAY 12, 2021 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...
Read More »European Council leaders for further strengthening India-EU Strategic Partnership
TBB BUREAU NEW DELHI, MAY 8, 2021 The leaders of the European Council on Saturday expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. During the India-EU Leaders’ Meeting held in a hybrid format, the leaders exchanged views on three key thematic areas — foreign ...
Read More »UK to send 1,000 more ventilators ahead of Modi-Johnson virtual talks on Tuesday
TBB BUREAU BHUBANESWAR, MAY 3, 2021 The British government will send 1,000 more ventilators from its surplus supply to Indian hospitals. This will be in addition to 200 ventilators, 495 oxygen concentrators and three oxygen generation units the UK has announced as part of its assistance package last week. Apart from providing medical supplies, England’s Chief Medical Officer Chris Whitty ...
Read More »UK sends oxygen factories to help India in fight against Covid-19
TBB BUREAU BHUBANESWAR, APRIL 29, 2021 At a time when India is facing an acute shortage of oxygen supply amid a surge in Covid-19 cases, the United Kingdom has sent more vital oxygen equipment to India in support of the country’s fight against COVID-19. Three oxygen generation units have been sent from surplus stocks in Northern Ireland to support India ...
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