Sri Lanka's unpredictable policies driving away foreign investors, says US State Dept report

IANS | September 30, 2025 8:03 PM

Colombo, Sept 30 (IANS) A US Department of State report highlights the withdrawal of Adani Green Energy from a proposed $400 million wind energy project in Sri Lanka as a reflection of the challenges faced by foreign investors due to the inconsistent policies of the President Aruna Dissanayake-led government that came to power in the island nation in 2024.

India-EFTA trade pact aims $100 billion investment, 1 million direct jobs from Oct 1

IANS | September 30, 2025 5:55 PM

New Delhi, Sep 30 (IANS) As the India-European Free Trade Association (EEFTA) Trade and Economic Partnership Agreement (TEPA) comes into effect from October 1, the India-EFTA Desk has been inaugurated as a single-window platform to facilitate EFTA investments in renewable energy, life sciences, engineering, and digital transformation, while fostering joint ventures, SME collaborations, and technology partnerships, the government said on Tuesday.

RBI MPC meet: Expect next rate cut in December, says Goldman Sachs' analyst

IANS | September 30, 2025 4:53 PM

New Delhi, Sep 30 (IANS) US investment banking company Goldman Sachs’ Chief India Economist Santanu Sengupta said on Tuesday that the Reserve Bank of India is expected to maintain current rates and take a dovish approach in the current monetary policy committee, with potential cuts in December, if conditions permit.