World Bank lifts India growth outlook despite Gulf war

IANS | June 11, 2026 7:00 PM

Washington, June 11 (IANS) India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.

Piyush Goyal to visit Switzerland to push trade and economic pact

IANS | June 11, 2026 6:53 PM

New Delhi, June 11 (IANS) Union Minister of Commerce and Industry Piyush Goyal is set to visit Switzerland’s capital Berne from June 12-13 for discussions with senior representatives of the Swiss Government and leaders of the Alpine country’s pharmaceutical industry, according to an official statement issued on Thursday.

Nasscom forms Technology Advisory Council to boost India-UK tech partnership

IANS | June 11, 2026 4:26 PM

New Delhi, June 11 (IANS) IT industry’s apex body Nasscom has announced the constitution of the UK Technology Advisory Council (TAC) that will serve as a strategic industry advisory body to the High Commission of India in UK, providing structured inputs on accelerating India-UK technology partnership, it was announced on Thursday.

Top Indian banks offer NRIs up to 6.6 pc on foreign currency deposits

IANS | June 11, 2026 3:56 PM

Mumbai, June 11 (IANS) India's top financial banking services providers -- State Bank of India (SBI), Bank of India (BoI), and Yes Bank -- have sharply raised interest rates on Foreign Currency Non-Resident (Bank) or FCNR(B) deposits following the Reserve Bank of India's recent measures to attract foreign currency inflows, with lenders now offering Non-Resident Indians (NRIs) returns of up to 6.6 per cent on US dollar deposits.

IN-SPACe selects three space startups for funding under Technology Adoption Fund

IANS | June 11, 2026 3:34 PM

New Delhi, June 11 (IANS) The government agency Indian National Space Promotion and Authorisation Centre (IN-SPACe) on Thursday selected three Indian space startups -- Astrobase Space Technologies, SatSure Analytics India and TM2SPACE Technologies -- as the first set of Indian Non-Governmental Entities (NGEs) for funding under its Technology Adoption Fund (TAF) Scheme.