Chandrababu Naidu, the Chief Minister of Andhra Pradesh, is gearing up for his highly anticipated trip to Switzerland to participate in the prestigious World Economic Forum (WEF) Summit in Davos. This business-focused event is seen as an excellent opportunity to attract significant investments to the state. In a strategic move ahead of his trip, Naidu has successfully poached a key investment body executive from the neighbori

Chandrababu Naidu, the Chief Minister of Andhra Pradesh, will embark on a significant trip to Davos on January 20 to participate in the prestigious World Economic Forum (WEF). This marks the return of a well-known tradition for the TDP chief, who has previously used the platform to attract global investments to Andhra Pradesh. The timing of this visit is especially important for Naidu, as it comes after a tumultuous five years under the leadership of his rival, Y.S. Jagan Mohan Redd

In a recent legal development, the vacation bench of the Karnataka High Court, led by Justice Suraj Govindaraj, intervened in the case involving cricketer Robin Uthappa. Uthappa, who is the director of Centaurus Lifestyle Brands Pvt. Ltd., approached the court to challenge the recovery notices and arrest warrant issued against him. The case revolves around allegations of financial mismanagement, where U

As the US tourism industry struggles to return to pre-pandemic levels, the hospitality sector has found hope in the rising number of Indian visitors. In 2024, nearly 1.9 million Indians traveled to the US, marking a 48% increase from 2019, driven by a rise in business and leisure visas. This influx is supporting the recovery of US tourism, with hotels and travel companies adjusting their offerings to cater to Indian tastes, such as providing chai and samosas in hotel lobbies and airing popula

Ahead of the Union Budget 2025-26, the government is expected to introduce measures to aid small businesses, farmers, and the export sector. Finance Minister Nirmala Sitharaman recently held her fourth pre-budget consultation, where she discussed key economic policies and priorities with stakeholders. Sources suggest that the government may announce tax relief for middle-class citizens to help revitalize the slowing economy, along with support for micro, small, and medium enterprises (MSMEs).

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

On Friday, Catherine, Princess of Wales, will host a special Christmas carol service at Westminster Abbey, reflecting on "the most difficult times" as she makes her return to public life after undergoing chemotherapy for cancer. The service, which emphasizes love, empathy, and the need for support during challenging times, will feature an illustrated order of service by artist Charlie Mackesy. Guests will receive a reminder of the importance of being there for one another, with the

Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

Gold prices have been on a downward trend since the US presidential election, with December future contracts opening lower on MCX. The price of gold fell by 0.37% to Rs 76,369 per 10 grams, while silver prices also dropped by 0.24% to Rs 90,601 per kg. In the last two days, gold prices have plummeted by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg. According to the India Bullion and Jewellers Association Ltd (IBJA), the current prices for different carats of gold are a

On Tuesday, gold prices saw a significant rise, increasing by ₹300 to reach ₹81,400 per 10 grams in the national capital. This surge is attributed to the heavy demand from jewellers and retailers ahead of Dhanteras, a festival known for its traditional gold purchases, as reported by the All India Sarafa Association. Silver also experienced a boost, climbing by ₹200 to ₹99,700 per kg, driven by rising demand from industrial units and coin makers. The previous day, silver was

Jamshyd Godrej, Chairman of the CII-Sorabji Green Business Centre, has expressed confidence that India can emulate the remarkable economic growth that China experienced in recent decades. Speaking exclusively on Wednesday, Godrej emphasized that achieving such growth rates, similar to China's average GDP growth of 9.91% from 1979 to 2010, is within India's reach. However, he stressed the need for enhanced coordination between Indian industries and the government in policymaking.

On Thursday, the government revealed a significant increase in minimum wage rates through the revision of the Variable Dearness Allowance (VDA), aiming to assist workers in managing the rising cost of living. This adjustment will particularly benefit those in the unorganised sector, including workers involved in construction, loading and unloading, cleaning, housekeeping, mining, and agriculture within central sphere establishments. The revised wage rates will be implemented startin

In an unprecedented event, Vijayawada experienced over 29 cm of rainfall in a single day, marking the worst flooding recorded in the history of the Krishna River. The new NDA government, led by Chandrababu Naidu, faced this severe calamity with a series of pioneering measures. This crisis prompted innovative approaches and set new benchmarks in disaster management. For the first time in India, the Andhra Pradesh government deployed drones for relief operations, delivering essential

Chandrababu Naidu's reinstatement as Chief Minister of Andhra Pradesh has reignited hopes for the state's financial revival after a challenging five-year period under YS Jagan Mohan Reddy. The previous administration faced severe criticism for its poor financial management, including excessive borrowing and a lack of transparency, which plunged the state into a significant debt crisis. With Naidu back in power, there is a strong focus on correcting these issues and steering Andhra Pra

In recent months, CM Chandrababu Naidu has focused on driving investment into Andhra Pradesh, engaging with global entities such as the World Bank and Brookfield Corporation, and exploring opportunities in EV and alternative energy sectors. His latest push involves a significant meeting with Godrej Industries, where he discussed a potential Rs 2800 crore investment for pesticide manufacturing in Amarava

Andhra Pradesh Chief Minister Chandrababu Naidu is set to make a significant impact on the state's economic landscape with his upcoming visit to Sricity. During this visit, Naidu will inaugurate 15 new companies, which will bring a substantial investment of 900 crore rupees into the region. This initiative is expected to generate approximately 2,740 new jobs, offering a boost to local employment and signaling a strong commitment to economic development. The inauguration event wi