Business News: Economy & Markets

Brazilian plane maker Embraer bullish on setting up line in India

IANS | June 11, 2026 7:22 PM

New Delhi, June 11 (IANS) Brazilian plane manufacturer Embraer sees a major opportunity in setting up a base in India for its smaller jets as the company tries to position itself as an alternative to aerospace giants Airbus and Boeing, with airlines looking to cut soaring fuel costs and increasing delays in delivery of aircraft from the world’s Big-2 plane makers, according to a report.

India-Oman CEPA special due to crucial timing, strategic location: Report

IANS | June 11, 2026 7:17 PM

Muscat/ New Delhi, June 11 (IANS) The India‑Oman Comprehensive Economic Partnership Agreement (CEPA) is special as it comes into force at a time when India faces a sharp disruption in Gulf trade after the Strait of Hormuz crisis and also because of Oman's unique geography.

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.

India’s textile industry poised to achieve $350 billion target by 2030: Giriraj Singh

IANS | June 11, 2026 6:48 PM

New Delhi, June 11 (IANS) India’s textile industry has expanded to nearly $190 billion in 2025-26 and is poised to achieve the target of $350 billion by 2030, Textiles Minister Giriraj Singh said on Thursday.

Clean coal technologies great opportunity for India to cut import dependence: Dr VK Saraswat

IANS | June 11, 2026 6:27 PM

New Delhi, June 11 (IANS) Coal gasification and coal-to-chemicals pathways are great opportunities for India to reduce import dependence while supporting industrial growth and decarbonisation, Dr VK Saraswat, former member, NITI Aayog, said here on Thursday.

Reliance on China’s surveillance architecture could compromise Pakistan’s sovereignty, digital future

IANS | June 11, 2026 5:03 PM

New Delhi, June 11 (IANS) China‑Pakistan Economic Corridor has entered a new phase -- dubbed “CPEC 2.0” -- that prioritises artificial intelligence, cloud computing and surveillance technologies over the heavy infrastructure projects that defined the first decade of cooperation, a new report has said.

Pakistan’s domestic debt climbs 11 pc to Rs 58,089 billion in April: Report

IANS | June 11, 2026 4:40 PM

New Delhi, June 11 (IANS) Pakistan's gross government domestic debt and liabilities rose to Rs 58,089 billion in April, according to a report.

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.

business

Brazilian plane maker Embraer bullish on setting up line in India

India-Oman CEPA special due to crucial timing, strategic location: Report

World Bank lifts India growth outlook despite Gulf war

Piyush Goyal to visit Switzerland to push trade and economic pact

India’s textile industry poised to achieve $350 billion target by 2030: Giriraj Singh

Clean coal technologies great opportunity for India to cut import dependence: Dr VK Saraswat

Reliance on China’s surveillance architecture could compromise Pakistan’s sovereignty, digital future

Pakistan’s domestic debt climbs 11 pc to Rs 58,089 billion in April: Report

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

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

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