Minister for IT and Industries D. Sridhar Babu says investments, which are expected to generate 30,750 jobs.

Modi urged the domestic industry to grab this "golden chance" and contribute to the ambitious goal of achieving a Viksit Bharat by 2047. Speaking at a CII post-Budget conference themed 'Journey Towards Viksit Bharat', Modi boasted that his government is brimming with political will, ready to make all decisions with a 'nation first' mindset.

“Strategically placed on the eastern coast of the country, our state has significant petrochemical potential. Today, I met with representatives of BPCL to explore the establishment of an oil refinery and petrochemical complex in Andhra Pradesh with an investment of Rs 60-70,000 crore. I have sought a detailed plan and feasibility report in 90 days. About 5,000 acres of land will be required for this project, which the government looks forward to facilitating in a hassle-free manner,” Naidu shared on social media.

Modi is set to meet with Russian President Vladimir Putin during the visit, which will extend into Tuesday. India’s Foreign Secretary Vinay Kwatra told reporters in New Delhi that given the lack of recent summits, several issues on the bilateral agenda “have piled up, which need to be addressed.” Senior Indian diplomats, speaking on condition of anonymity, said that while major announcements are unlikely, Modi’s visit is intended to send a signal that the two sides remain close.

Chadha disclosed that her investment in a mutual fund became instrumental in covering expenses for one of the ceremonies during her wedding celebrations.

The announcement came as part of France's annual "Choose France" event, where several prominent companies pledged substantial investments in the country. Alongside Amazon, firms like GSK and Accenture also committed to significant financial injections.

The combined share of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura rose to 0.73 per cent of the total average asset under management (AAUM) of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024. 

In its pursuit of becoming India's foremost integrated renewable energy player, the Adani Group has commenced commercial production of wafer and ingots for solar cells and modules at its Gujarat facility. The conglomerate aims to achieve polysilicon manufacturing by 2027-28, thereby reducing India's reliance on imported materials.

The Indian commerce ministry highlighted the significant potential for furthering bilateral trade between the two economies. Both sides reviewed progress on market access issues, ongoing economic cooperation projects, and explored avenues for new initiatives during the meetings.

The tech giant is reportedly in discussions with OpenAI and Google-owned Alphabet to integrate genAI features into the iPhone, with expectations mounting for a potential revealing at the upcoming annual developer conference in June.

The primary driver behind this exodus appears to be the sustained rise in US bond yields. Currently hovering around 4.7 percent, the attractiveness of these yields for foreign investors has prompted a shift away from Indian equities, according to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Despite the nascent state of India’s EV market, which accounted for just 2% of total car sales in 2023, the government has set ambitious targets aiming for 30% of new cars to be electric by 2030.