Page 4 - India

India repatriates 270 citizens who fled from Myanmar scam hub to Thailand

India on Thursday repatriated 270 of its nationals from Thailand in two military transport aircraft, days after they fled to Thai border town of Mae Sot from a notorious scam centre in Myanmar following a crackdown on it. Around 500 Indian nationals were among 1,500 people from 28 countries who crossed over to Thailand late last month following the raid on the cybercrime hub of KK Park in Myanmarese city of Myawaddy. The Indian embassy in Bangkok said the Thai government has facilitated repatriation of 270 Indian nationals, including 26 women, from Mae Sot to India by two special flights operated by the Indian Air Force. These Indian nationals recently crossed into Thailand from Myawaddy where they were allegedly working in the cyber scam-centres, it said on social media. The Indians were detained by Thai authorities for violation of the country's immigration laws when they had entered it illegally, the Indian mission said. India is expected to operate more flights on Friday to br

India, Israel discuss anti-terror cooperation, trade boost | India-Israel ties

India and Israel on Tuesday explored ways to build a global approach of "zero tolerance" to combat terrorism and enhance cooperation in areas of trade, infrastructure and connectivity even as New Delh

Govt to retain cap on voting rights for major bank shareholders: Report

The government is also planning to more than double the foreign-investment cap in state-owned lenders to 49%, Reuters reported last week

Modi correcting all structural deficiencies: Chandrababu Naidu in London

Prime Minister Narendra Modi's strong leadership is among the key advantages India has to offer as an attractive investment destination which is set to become the world's leading economy by 2047, Andhra Pradesh Chief Minister N Chandrababu Naidu said in London. In his chief guest address at the annual London Global Convention organised by the Institute of Directors (IoD) on Tuesday night, Naidu pitched his vision for the speed of doing business through a public, private, people's partnership model for his state. The Telugu Desam Party (TDP) chief also presented his wife Nara Bhuvaneswari, Vice-President and Managing Director of Heritage Foods Ltd, with the prestigious IoD Distinguished Fellowship and the Golden Peacock Award for Excellence in Corporate Governance. We have some advantages in India: One is economic reforms, second is around first mover advantages of IT, and third, we have a very strong leader Narendra Modi as prime minister, said Naidu. Recently, you have seen our GS

Microsoft to enable local data processing for Copilot in India by 2025

Technology giant Microsoft has announced plans to introduce in-country data processing for its artificial intelligence (AI) tool, Microsoft 365 Copilot, in 15 countries by 2026, including India, in a move aimed at strengthening data sovereignty and regulatory compliance. According to a company blog post, customers in India, Australia, Japan and the United Kingdom will have the option to process Microsoft 365 Copilot interactions within their national borders by the end of 2025. Microsoft is pleased to announce that we are making in-country data processing for customers' Microsoft 365 Copilot interactions available in 15 countries around the world. By the end of 2025, Microsoft will offer customers in four countriesAustralia, the United Kingdom, India, and Japanthe option to have Microsoft 365 Copilot interactions processed in-country. In 2026, we'll expand this option to customers in eleven more countries, including Canada, Germany, Italy, Malaysia, Poland, South Africa, Spain, ...

Piyush Goyal to discuss progress of India-New Zealand trade pact talks

Commerce and Industry Minister Piyush Goyal is visiting New Zealand to review the progress of the ongoing negotiations for the proposed trade pact, an official statement said. Goyal, will be in Auckland on November 5 to engage in discussions with Todd McClay, Minister for Trade of New Zealand, on the ongoing FTA (Free Trade Agreement) negotiations. "The visit reflects the shared commitment of both countries to expedite the FTA process and build a more comprehensive and mutually beneficial economic partnership," the commerce ministry said. The fourth round of India-New Zealand FTA negotiations commenced in Auckland on November 3 with an aim to strengthen bilateral trade and economic ties between the two nations, it said. During the visit, Goyal will participate in a series of engagements aimed at strengthening trade, investment, and innovation linkages between India and New Zealand. "These include a dedicated interaction with prominent members of the New Zealand business community

Radisson targets 500 hotels, 50,000 workforce in India by 2030

Belgium-headquartered Radisson Hotel Group is targeting a portfolio of 500 hotels and a 50,000 strong workforce in India by 2030, a top executive from the luxury hospitality chain said on Tuesday. In an interview to PTI, Elie Younes, Executive Vice President and Global Chief Development Officer of the Radisson Hotel Group, shared its India expansion plans, aiming to more than double the number of properties in its portfolio, from over 200 currently, to 250-260 by 2026 and 500 by 2030. Younes said the Radisson Hotel Group is expected to nearly triple its workforce to 50,000 people in India by 2030, from 17,000 at present. He also outlined suggestions for attracting more foreign tourists to India, pitching for easier visa regulations and improved airline infrastructure to support better air travel facilities. He also outlined that branded residences segment is going to be an alternative model for the Radisson Hotel Group, and not a mainstream model, for the next five years. "We ...

Watch: Shafali Verma’s family beams with pride after India’s historic World Cup win

Shafali Verma’s family in Rohtak was awash with pride and emotion after the Indian opener’s match-winning performance in the ICC Women’s ODI World Cup 2025 final, where India defeated South Africa

CMS-03 satellite will provide robust telecom coverage across IOR: Navy

The communication satellite CMS-03, will provide robust telecommunication coverage across the Indian Ocean Region, and strengthen Navy's space-based communications and maritime domain awareness capabilities, officials said on Sunday. The satellite, weighing 4,410 kg, will significantly enhance connectivity with high-capacity bandwidth, enabling seamless and secure communication links between ships, aircraft, submarines, and Maritime Operations Centres of the Indian Navy. The indigenously designed and developed satellite was launched by the Indian Space Research Organisation (ISRO) from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. CMS-03 is a multi-band communication satellite and would provide services over a wide oceanic region including the Indian landmass, according to ISRO. Defence Minister Rajnath Singh termed the launch a "major milestone" exemplifying the nation's spirit of 'Aatmanirbharta'. "Congratulations to @isro on the successful launch of CMS-03, ..

Canadian PM Carney cites progress with India amid US trade tensions

Canadian Prime Minister Mark Carney has referred to the progress his country has made with India as he stressed that Canada is building partnerships abroad amid tariff pressures with the US. Carney's remarks on Saturday came after US President Donald Trump last week terminated all trade negotiations with Ottawa based on their egregious behaviour. And to be building new partnerships with countries around the world. And there is no better place to do that than in the fastest growing part of the world that represents 60 per cent of the global economy, Carney said, referring to the Asia-Pacific region. Speaking to reporters after the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, he cited the free trade deal with Indonesia, talks with the Philippines and Thailand and a turning point in our relationship with China". Progress which we have been making with IndiaSo I didn't meet directly with Prime Minister (Narendra) Modi here, (but), the foreign minister, other minister

India's long-term equity story remains strong, says Morgan Stanley MD | Stock market | BFSI Summit

Morgan Stanley’s managing director and chief India equity strategist, Ridham Desai, on Friday said that India’s long-term equity story remains strong even as the Indian market has underperformed

Bima Sugam can widen insurance access, say industry leaders at BFSI Summit | Insurance sector

Bima Sugam, hailed as the “UPI (Unified Payments Interface) moment for insurance”, is poised to transform India’s insurance landscape by creating a unified digital marketplace for all insurance

SFBs urge RBI to relax capital norms, shed 'small finance' tag | BFSI Summit 2025 | Banking sector

Small Finance Banks (SFBs) are keen to evolve into universal banks but seek regulatory flexibility and a relaxed path to capital adequacy norms

Indian-origin man killed in Canada after confronting man over urination

In a shocking incident, a 55-year-old Indian-origin businessman was fatally attacked after he confronted a stranger who was urinating on his car in central Edmonton, Canada. The victim, identified as Arvi Singh Sagoo, succumbed to his injuries five days later, the Edmonton Police Service said in a statement. On October 19, at approximately 2:20 a.m., police were called to an assault that took place near 109 Street and 100 Avenue. "Upon arrival, officers found an unconscious 55-year-old man. The man was treated and transported to the hospital by emergency medical services with life-threatening injuries, police said in the statement early this week. Arvi succumbed to his injuries on October 24, it added. Police said 40-year-old Kyle Papin has been arrested and charged with aggravated assault. "Both men were not known to each other," it added. According to Global News, Arvi and his girlfriend were walking to their vehicle after visiting a restaurant near the Alberta legislature when

Navigating global turmoil: Can India stay the course? | BFSI Summit 2025 | Indian Economy

As global markets grapple with persistent geopolitical uncertainties, inflationary pressures, and monetary policy shifts, experts at the Business Standard BFSI Insight Summit 2025

Economists torn between rate cut and pause in next MPC | BFSI Summit 2025

While participants in the domestic financial market are expecting a 25 basis-point policy repo rate cut in the December meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India

Indian economy performing better than feared two months ago: CEA Nageswaran | BFSI Summit 2025

India’s economy is performing better than expected and is likely to post growth north of 6.7 per cent in the current financial year, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday

Early conclusion of India-EU FTA can make big difference: Jaishankar

An early conclusion of the proposed free trade agreement between India and the European Union can make a "big difference" in terms of stabilising the global economy and strengthening democratic forces, External Affairs Minister S Jaishankar said on Wednesday. He said this after meeting a high-powered trade delegation from the 27-nation bloc. The seven-member delegation is in India to push for finalisation of the long-awaited bilateral free trade agreement (FTA) between the two sides. "Discussed how India & the European Union can maximize convergences and deepen cooperation. This can stabilize the global economy and strengthen democratic forces," Jaishankar said on X. "The early conclusion of the India-EU FTA can make a big difference to these objectives," he said. Jaishankar remarks came as the two sides looked to wrap up negotiations for the mega trade pact. In September, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen reaffirmed their ...

India's growth at 6.5% allows scope for policy easing: RBI Dy Guv Gupta | BFSI Summit 2025

The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that India is growing steadily at 6.5 per cent, with a forecast of 6.8 per cent for the year.

India needs bigger, more global-scale banks for 2047 goal: Banking leaders | BFSI Summit 2025

India needs more globally-competitive banks with strong financial foundations, skilled talent, and advanced technology to finance large-scale projects, create jobs