Trade, defence & 'Viksit Bharat 2047' vision: MEA Secy Sibi George on PM Modi's historic Sweden visit

IANS | May 18, 2026 4:47 AM

Gothenburg (Sweden), May 18 (IANS) As Prime Minister Narendra Modi concluded his successful and historic visit to Sweden on Sunday, the Ministry of External Affairs (MEA) Secretary (West) Sibi George said that the Prime Minister discussed further elevating ties covering trade, global geopolitical situation and a pitched in for a 'Viksit Bharat 2047 vision projecting Swedish companies to invest in India's growth and therefore projecting a win-win partnership for both the countries.

Adani Group to invest in big infra, energy projects in Bihar: Gautam Adani

IANS | May 17, 2026 9:26 PM

New Delhi/Patna, May 17 (IANS) Billionaire industrialist Gautam Adani said on Sunday that the Adani Group is fully committed to giving a new direction to the development of Bihar through active collaboration in big-ticket infrastructure and energy sectors, along with employment generation and social service in the state.

'Look forward to strengthening India-Sweden friendship': PM Modi

IANS | May 17, 2026 7:00 PM

Gothenburg (Sweden), May 17 (IANS) Prime Minister Narendra Modi on Sunday expressed gratitude to his Swedish counterpart Ulf Kristersson for receiving him at the airport and stated that he looks forward to strengthening friendship between the two nations.

Global oil prices to stay in $90 to 110 per barrel range during 2026: Moody’s

IANS | May 17, 2026 5:24 PM

New Delhi, May 17 (IANS): Oil prices in the global market are likely to remain in the high range of $90 to 110 per barrel "as there is little prospect of a swift and durable settlement between the US and Iran and with it the full reopening of the Strait of Hormuz", according to a Moody’s global report on geopolitical risks.

Pakistan budget reflects deep structural imbalances and shrinking fiscal space: Report

IANS | May 17, 2026 5:09 PM

New Delhi, May 17 (IANS) Pakistan’s upcoming federal budget is likely to reflect an economy constrained by prolonged stabilisation policies, weak revenue generation and growing dependence on externally driven reforms, according to a recent economic analysis that warns the country risks slipping into a low-growth equilibrium without major structural recalibration.