FM INDIA
FM will set up the largest innovation and client centre in Bengaluru
FM, a major commercial property insurer, is establishing its largest office outside the U.S. in Bengaluru, India, recognizing the country's significance in its global strategy. This new facility will serve as a Client Experience Centre and Innovation Hub, focusing on data science, AI, and risk engineering.
Bvlgari’s Kada bracelets to Louis Vuitton's autorickshaw bags, India is haute on global luxe runway
Global luxury brands are increasingly turning to India for inspiration and market growth, with customized offerings that blend Indian culture with global appeal. Prada took cues from the Kolhapuri chappal, while Louis Vuitton released a handbag inspired by an autorickshaw. Designer Robert Wun sparked online buzz with a fishtail gown resembling a lehenga.
CA Inter AIR 1 Disha Gokhru scored 94 in the subject she was most scared of: Her full study plan, exam day strategy, topper tips
CA Inter AIR 1 Disha Gokhru scored 513 out of 600 marks, with a remarkable 94 in Audit — the very subject that once left her in tears during class. In a podcast with CA Kushal Lodha, she shared her complete preparation strategy, which included early batch enrollment, late-night self-study, focused revision, and regular mock tests. Her disciplined routine, conceptual clarity, and mental resilience played a key role in her success. Disha also emphasized consistency, self-study, and simplicity as the core pillars of her journey.
‘Nations who aid terror will pay a price’: How India’s SCO diplomacy sends a message beyond Beijing
At the Shanghai Cooperation Organisation meeting in Tianjin, India’s Foreign Minister S Jaishankar called for an unflinching fight against terrorism, highlighting the Pahalgam attack as proof of old threats taking new forms. He warned SCO nations against complacency, reminded them of their founding mission, and urged practical cooperation rooted in respect and sovereignty. Amid diplomatic back-and-forth with China and criticism at home, Jaishankar argued that real stability demands courage, clarity and collective resolve.
EAM running full blown circus: Rahul Gandhi lashes out at Jaishankar over meeting with Xi Jinping
Rahul Gandhi criticized External Affairs Minister S Jaishankar for briefing Chinese President Xi Jinping on India-China relations, alleging it undermines India's foreign policy. Jaishankar, during his visit to China for the SCO Foreign Ministers Meeting, conveyed greetings from Indian leaders and discussed bilateral ties with Xi and Foreign Minister Wang Yi.
EAM Jaishankar meets Chinese President Xi Jinping, apprises him of recent development in bilateral ties
External Affairs Minister S Jaishankar met Chinese President Xi Jinping during the SCO Foreign Ministers Meeting. Jaishankar conveyed greetings from Indian leaders and discussed bilateral relations. He also met with Wang Yi and Han Zheng, focusing on improving ties and addressing border issues. This visit marks a step towards normalizing relations after the Galwan Valley incident.
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FM Nirmala Sitharaman pledges all necessary support to boost GCCs in India
Finance Minister Nirmala Sitharaman highlighted the significant potential of Global Capability Centres (GCCs) in India, projecting a contribution of up to USD 200 billion to the Indian economy by 2030. Currently, around 1,800 GCCs employ 2.16 million professionals, with expectations to reach 2.8 million by 2030.
US announces ‘new fees' for certain immigration benefit requests
USCIS is set to introduce new fees for specific immigration requests, following the recent "One Big Beautiful Bill" signed by President Trump. This includes a $250 Visa Integrity Fee for various non-immigrant visas, potentially raising the cost of a typical B‑1/B‑2 visa for Indian applicants to around ₹40,000.
Could Trump’s Big Beautiful Bill drive away World Cup tourists from the US?
As the U.S. prepares to co-host the 2026 FIFA World Cup, a new immigration law introduces a $250 "visa integrity fee" for many visa applicants, raising concerns within the tourism industry. Travel leaders fear the added cost and stricter controls could deter international fans, potentially undermining the expected economic benefits from the major sporting event.
Delhi HC bars Kuku FM from streaming disputed shows in Pocket FM copyright case
The Delhi High Court has restrained Kuku FM from releasing new episodes of five series. Pocket FM alleges copyright infringement. Pocket FM has filed a civil suit against Mebigo Labs, Kuku FM's parent company. They are claiming repeated intellectual property infringement. Pocket FM seeks damages of Rs 85.7 crore. Pocket FM alleges Kuku FM copied shows over four years.
Digital content company Chai Bisket raises $5 million to launch microdrama app Chai Shots
Founded in 2015 by Sharath Chandra and Anurag Reddy, Hyderabad-based Chai Bisket has built a presence in the regional digital entertainment space through its YouTube channels and content platforms, which it says have garnered over 2 billion views and attract over 50 million monthly video views. The company has a team of more than 100 people.
Krafton to deepen bet on India's booming gaming market; eyes talent, ecosystem expansion
Krafton India CEO Sean (Hyunil) Sohn, in an interview to PTI, underscored the company's long-term commitment to India, emphasising that the company is not just here to launch a handful of games but to invest in the broader gaming ecosystem and nurture local talent.
EAM Jaishankar meets counterparts from Russia, Iran, Mexico on sidelines of BRICS Summit
External Affairs Minister S Jaishankar engaged in bilateral discussions with his counterparts from Russia, Iran, and Mexico on the sidelines of the 17th BRICS Summit in Rio de Janeiro. The discussions encompassed cooperation, regional developments, and global issues like West Asia, SCO, health, digital advancement, technology and space.
India for collective action by Global South to deal with current challenges: FM Nirmala Sitharaman
Nirmala Sitharaman urged decisive action from the Global South to address economic uncertainties and geopolitical issues at the New Development Bank meeting in Brazil. She highlighted the NDB's crucial role in development finance and infrastructure, emphasizing the need for private capital mobilization and SME support. Sitharaman affirmed India's commitment to sustainable development and collaboration with the NDB.
India refutes claims about White House denying Jaishankar's request to meet Trump
India's Ministry of External Affairs (MEA) has dismissed as "fake news" claims that External Affairs Minister S Jaishankar's request to meet former US President Donald Trump was denied. During his US visit from June 30 to July 2, Jaishankar engaged in several high-level meetings, including the Quad Foreign Ministers Meeting, and discussions on security, technology, and counter-terrorism cooperation.
E-auction of 730 FM radio channels to be conducted this month: I&B Secretary Jaju
The auction for 730 FM radio channels across 234 Indian cities is set to commence this month, according to Information and Broadcasting Secretary Sanjay Jaju. Over 20 companies have bid under the Private FM Radio Phase III policy. The Union Cabinet approved the e-auctions last year with a reserve price of Rs 784.
EAM Jaishankar, US Energy Secretary Wright discuss opportunities for deeper energy partnership
External Affairs Minister S Jaishankar engaged with US officials in Washington, DC, discussing energy transformation and deepening the India-US energy partnership. He also met with the US Secretary of Defence, emphasizing the strategic importance of defence ties.
FM Sitharaman highlights India's reforms, investment opportunities in FFD4 Summit in Spain
Finance Minister Nirmala Sitharaman, during her visit to Spain, advocated for increased private capital mobilization for sustainable development, particularly in low and middle-income countries. She highlighted India's reforms in regulatory frameworks and renewable energy sector as successful models for attracting investment. Sitharaman also held bilateral meetings to discuss cooperation in various sectors and promote investment opportunities in India.
Reforms express to run nonstop as FM Sitharaman backs GST, tax and banking overhauls
FM Nirmala Sitharaman has asserted India Inc's increasing investments and stable urban consumption, highlighting the government's commitment to economic reforms. The focus remains on simplifying GST and income tax, ensuring critical supplies, accelerating land monetisation, and strengthening regional rural banks, she said.
ET Exclusive: Atmanirbhar Bharat has shown what it can do in defence–it is beyond success, says Nirmala Sitharaman
India's economy is currently experiencing a 'Goldilocks' moment, with positive macroeconomic indicators and promising growth across various sectors. The government is committed to reforms, including GST simplification and land monetization, while also focusing on strengthening rural credit and addressing challenges like rare earth shortages.
India extends warm greetings to Seychelles on National Day
External Affairs Minister S Jaishankar conveyed greetings to Seychelles and Djibouti on their National Days, reaffirming India's commitment to strengthening partnerships. Amidst Middle East tensions, Jaishankar spoke with Iran's Foreign Minister, emphasizing the safe evacuation of Indian nationals.
No dark days in Persian theatre: Jaishankar, Iranian FM Araghchi discuss West Asia situation amid US outreach to Pakistan
External Affairs Minister Jaishankar and Iranian Foreign Minister Araghchi discussed the complex West Asia situation, with Jaishankar thanking Iran for assisting in the safe evacuation of over 4,400 Indian nationals.
Rajnath Singh calls for bridging trust deficit after 2020 border standoff, urges China to take permanent action
Defence Minister Rajnath Singh met his Chinese counterpart, Admiral Don Jun, in Qingdao, China, during the SCO Defence Ministers Meeting. Singh emphasized maintaining positive momentum in bilateral ties and avoiding new complexities. He expressed satisfaction with the resumption of the Kailash Mansarovar Yatra after six years.
Russian FM Lavrov hopeful of early resumption of Russia-India-China trialogue
Russian Foreign Minister Sergei Lavrov anticipates the revival of the Russia-India-China (RIC) dialogue, encouraged by improved relations between New Delhi and Beijing. The RIC troika faced suspension following the Galwan Valley conflict in 2020. Lavrov highlighted the significance of Russia's strategic partnership with India and expressed optimism for the resumption of RIC's activities.
Indian exporters ‘swimming against the tide and succeeding’ amidst global slowdown, says Sitharaman
Nirmala Sitharaman lauded Indian exporters' resilience at the Exim Bank Trade Conclave 2025, highlighting their growth amidst global challenges. Exports reached a record $825 billion, surpassing global growth rates. Ongoing trade negotiations with the EU, UK, and US are nearing completion, alongside government support measures boosting manufacturing and infrastructure.
NSA Doval, Chinese Foreign Minister Wang Yi review recent developments in India-China ties
Ajit Doval met Wang Yi in Beijing to discuss India-China relations. They emphasized promoting bilateral ties and countering terrorism. Discussions covered regional and global issues. Doval anticipates meeting Wang Yi in India for further talks. Vikram Misri and Sun Weidong previously reviewed relations, focusing on people-centric engagements. Cooperation on Kailash Manasarovar Yatra was appreciated.
FM Nirmala Sitharaman calls for friendly tax compliance processes
Finance Minister Nirmala Sitharaman urged tax officials to simplify compliance processes, emphasizing transparency and taxpayer-friendliness. She directed prioritizing the disposal of pending disputed tax demands and highlighted the importance of addressing taxpayer grievances promptly. The upcoming Income Tax Bill aims to simplify tax laws, with nationwide awareness programs planned post-approval. Tax refunds have increased significantly, reflecting improved efficiency.
Refund surge, slow advance tax drag down India’s net collections
India's net direct tax collections experienced a slight decline of 1.39% year-on-year, reaching ₹4.58 lakh crore due to increased refunds and slower advance tax growth. While corporate advance tax payments saw a modest 4% rise, significant growth in refunds impacted net collections.
Step up to the global vaccine plate
The Modi government faces pressure to boost funding for Gavi. This comes as the US may cut contributions. Gavi seeks support from India and other nations. Indian vaccine makers urge increased investment. This would safeguard exports and global health efforts. India's decision at the upcoming summit in Brussels is crucial.
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