India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

Gold has experienced a remarkable rise in 2024, reaching 40 new record highs year-to-date and appreciating by over 28%. According to the World Gold Council (WGC), this surge has made gold the best-performing asset class globally, surpassing US stocks, emerging market stocks, US bonds, and even US currency. In the third quarter of 2024, gold demand exceeded $100 billion for the first time, showcasing its robust market position. Looking ahead to 2025, the direction of the US Federal R

The 2025 ICC Champions Trophy is currently in turmoil due to the ongoing standoff between India and Pakistan. The Board of Control for Cricket in India (BCCI) has firmly stated that it will not send its team to Pakistan, citing security concerns and political issues. In response, the Pakistan Cricket Board (PCB) has threatened to boycott future ICC events if India does not agree to the proposed hybrid model, where India’s matches are played in Dubai, while the rest of the tournament tak

In a landmark energy agreement, Russia’s state oil company Rosneft has committed to supply 500,000 barrels of crude oil per day to India’s Reliance for the next 10 years, worth approximately $13 billion annually. This deal represents about 0.5% of global oil supply and strengthens energy relations between India and Russia, especially as Russia faces intense Western sanctions due to its invasion of Ukraine. The deal is set to begin in January and will involve monthly deli

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

 In light of US President-elect Donald Trump's proposed tariff measures on China, Canada, and Mexico, India is poised to capitalize on potential shifts in global manufacturing. With Trump’s plan to impose tariffs of 25% on Canada and Mexico and 10% on China, manufacturers may seek alternative locations to bypass the 60% levy on Chinese goods. India, with its low-cost labor, skilled workforce, and growing tech sector, is an attractive destination for this shift. Invest

The batting form of India’s stalwarts, Rohit Sharma and Virat Kohli, has been a major topic of discussion in recent months. Both have struggled with consistency, often getting out cheaply. Kohli scored a century in the first Test against Australia at Perth, but both he and Rohit failed to contribute in the second Test at Adelaide, where India suffered a heavy defeat. In the second Test, Kohli and Rohit combined for just 27 runs across four innings. Kohli was dismissed for 7 an

During Defence Minister Rajnath Singh's ongoing visit to Russia, talks are progressing on a major defence agreement worth $4 billion that could significantly enhance India’s air defence infrastructure. The deal revolves around the acquisition of the Voronezh radar system, manufactured by Russia's Almaz-Antey Corporation, which specializes in anti-aircraft missile systems and radars. The Voronezh radar, with a range of over 8,000 km, is designed to detect threats such as ballisti

In December 2024, two significant initial public offerings (IPOs) are set to hit the market, aiming to raise a combined ₹6,722.92 crore. The first, from International Gemmological Institute (IGI) India, a Blackstone-promoted company specializing in grading and accreditation for diamonds, gemstones, and jewelry, will launch its ₹4,225 crore IPO on December 13 and close on December 17. The IPO consists of a fresh issue of ₹1,475 crore and an offer for sale of ₹2,750 crore by Blackstone&

Legendary Australian wicketkeeper-batter Adam Gilchrist has praised the team’s captain, Pat Cummins, for leading Australia to a dominant 10-wicket win in the second Test, which leveled the five-match series 1-1 after their heavy loss in Perth. Gilchrist believes Australia was "stung" by criticism following their 295-run defeat in the opening match and noted that Cummins' controlled aggression was key to their return to form. Gilchrist highlighted Cummins' emo

As calls to bring back Mohammed Shami to the Indian team grow louder, concerns over the fitness of pacers Mohammed Siraj and Harshit Rana, who have failed to back Jasprit Bumrah strongly, have intensified. Shami, who has been performing well at the domestic level, is being urged by fans and experts to join the team for the upcoming Australia series. However, Indian captain Rohit Sharma remains uncertain about Shami’s inclusion. During a post-match press conference, Rohit revea

Rohit Sharma, the Indian cricket team captain, has struggled with his form in the ongoing series against Australia. After missing the first Test in Perth due to family commitments, Rohit returned to the squad for the day-night match in Adelaide but failed to make an impact. In the second match, his poor form continued, as he was dismissed cheaply in both innings. Rohit's dismissals were concerning due to his lack of foot movement, as he was trapped in front of the stumps in both innings.

India's Foreign Secretary, Vikram Misri, made a day-long visit to Dhaka on Monday for crucial talks with his Bangladeshi counterpart Mohammad Jashim Uddin. The visit comes amid deteriorating relations between India and Bangladesh, following the ouster of Prime Minister Sheikh Hasina in August due to a massive uprising. Mr. Misri arrived in Dhaka on an Indian Air Force jet, marking the first high-level visit from New Delhi since the political upheaval in Bangladesh. He was receiv

The Coin’s Significance and Auction Details: A remarkable piece of history, the Roman gold aureus bearing the image of Marcus Junius Brutus, one of the assassins of Julius Caesar, is set to be auctioned in Geneva on Monday. This rare coin is expected to fetch over a million Swiss francs, with the starting bid set at 750,000 francs (approximately $852,000). Considered a numismatic treasure, the coi

India's foreign exchange reserves saw an increase to $658.1 billion for the week ending November 29, according to the Reserve Bank of India (RBI). This rise followed an eight-week decline, with a $1.5 billion increase from the previous week. In comparison, the reserves had dropped by $1.31 billion in the prior week, reaching $656.58 billion. Foreign investors have invested Rs 1.75 lakh crore into India's debt and equity markets in 2024. However, the month of November witness

External Affairs Minister S. Jaishankar, while receiving the 'India First' award at NDTV’s Indian of the Year ceremony, celebrated the crucial role of India's democracy in shaping the country's growth. He emphasized how democracy has brought forward voices from every part of the nation, not just metropolitan cities, giving equal representation to all sections of society. This inclusiveness, he argued, has been pivotal in driving India’s development. He also noted t

An extraordinary series of events unfolded on Day 1 of the India vs Australia day-night Test in Adelaide, where KL Rahul was given two lifelines after seemingly being dismissed for a duck. The incident occurred when Rahul, who opened for India alongside Yashasvi Jaiswal, appeared to have edged the ball into the hands of Australian wicket-keeper Alex Carey off pacer Scott Boland’s delivery. However, it was later revealed that Boland had overstepped, and the delivery was a no-ball, granti

In October 2024, the Reserve Bank of India (RBI) made a significant move by adding 27 tonnes of gold to its reserves, bringing its total gold purchases for the year to 78 tonnes. This marks the highest level of purchases since 2009, when India acquired 200 tonnes from the International Monetary Fund (IMF). The RBI's total gold reserves now stand at 882 tonnes. In comparison, India had bought only 16 tonnes of gold in 2023. The RBI's gold purchase comes amid global economic i

India's practice sessions for the ongoing Border-Gavaskar Trophy Test series against Australia have been closed to fans after a disruptive event during the team’s training in Adelaide. Fans, who were initially allowed to watch the training, became a source of distraction with rude comments directed at the players. The situation worsened during India’s session, where over 3000 fans gathered, overwhelming the practice facility. This caused a chaotic environment with players like

 In a dominant performance at the U19 Asia Cup 2024, India secured their spot in the semi-finals with a resounding 10-wicket victory over the UAE in their final group match in Sharjah. Chasing a modest target of 137, India sailed through to the target in just 16.1 overs, thanks to an unbroken 143-run partnership between Vaibhav Suryavanshi (76*) and Ayush Mhatre (67*). Earlier, UAE, who opted to bat first, were bowled out for just 137, with six overs to spare. Muhammad Rayan was the top