The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i

Choosing the right tax regime is an important decision for taxpayers in India. The old and new tax regimes offer different benefits, and individuals must carefully analyze their financial situation before selecting the most suitable option. While salaried employees have the flexibility to switch every year, business professionals have a more restricted choice.The decision between the two regimes depends on factors such as tax-saving investments, exemptions, and deductions. Understanding these

A massive avalanche struck Badrinath in Uttarakhand’s Chamoli district, leaving 47 workers trapped near Mana village. The workers, who were engaged in clearing snow for army movement, were caught in the disaster when a Border Roads Organisation (BRO) camp was hit.Rescue operations are underway, with the Indian Army, ITBP, and Garhwal Scouts actively working to save those trapped under the snow. Ten workers have been rescued and moved to an army camp in Mana for medical attention. Howeve

A Forbes report on billionaire immigrants who started their journey in the U.S. on an H-1B visa highlights a few notable Indian entrepreneurs. Among them, Raj Sardana, the founder and CEO of Innova Solutions, stands out for building a $2 billion fortune from scratch.   Early Life and Struggles in India Born in Delhi in 1960 to Punjabi parents, Raj Sardana grew up in a modest household. His family, displaced during the 1947 partition, lived in

The family of Indian student Nilam Shinde, who is in a coma in the US following a tragic accident, has made an urgent appeal to the Indian government for a visa to be by her side.Nilam, 35, a Master of Science student, suffered severe fractures and head injuries after being hit by a four-wheeler in California on February 14. Her family in Satara, Maharashtra, learned about the accident two days later and has been struggling to secure a US visa since February 16. Vis

Former US President Donald Trump has announced a significant shift in US immigration policy, introducing the ‘Gold Card’ visa program, which allows Indian graduates from US universities to secure jobs and eventually gain citizenship. This move is seen as a major boost for international students, particularly those from India, who have often struggled with restrictive visa policies despite their high qualifications.   The ‘Gold Card’ initiative, un

India has moved closer to next-generation high-speed transportation with the unveiling of its first hyperloop test track. The project, spearheaded by IIT Madras and funded by the Ministry of Railways, has resulted in the construction of a 422-meter-long hyperloop test facility. The development marks a major leap in India’s transportation sector, with hyperloop technology promising to cut travel times between major cities to mere minutes.With the successful completion of the first test t

Congress leader and Thiruvananthapuram MP Shashi Tharoor has stirred controversy within his party after praising the economic policies of the CPM-led Left Democratic Front (LDF) government in Kerala. His remarks, which acknowledged the state’s progress under the Left government, have been met with sharp criticism from Congress leaders, deepening existing tensions within the party.Tharoor’s comments came during a podcast interview, where he also highlighted the absence of a strong

  The idea of distributing federal savings back to American taxpayers in the form of 'DOGE dividends' has recently gained traction, largely fueled by a social media exchange between Elon Musk and President Trump. This novel concept, which originated from investor James Fishback, suggests using savings from federal government cuts to send checks to taxpayers. However, the policy, as proposed, may leave out low-income Americans who do no

Kentucky Fried Chicken (KFC) is making a major move, shifting its U.S. corporate headquarters from its namesake state to Plano, Texas. The decision, announced by parent company Yum Brands, means that 100 corporate employees will transition to the new Texas office within the next six months. This relocation marks a significant shift for the iconic fast-food brand, which has deep historical ties to Kentucky. The move is part of Yum Brands' broader strateg

In a significant move, the United States has deported 119 Indian immigrants as part of its ongoing crackdown on illegal immigration. The deportees arrived at Amritsar International Airport late on Saturday night, following a similar deportation flight on February 5 that carried 104 individuals. These deportations are part of a broader initiative under the Trump administration's stringent immigration policies, aimed at enforcing tougher regulations on those in the U.S. illegally. The 119 i

Rajiv Kumar’s tenure as Chief Election Commissioner of India, beginning in May 2022, has seen multiple landmark elections, including the 2023 Karnataka and Telangana polls and the 2022 presidential elections. His leadership has faced ongoing scrutiny, with opposition parties alleging bias towards the ruling BJP and raising concerns about the integrity of the election process, particularly regarding Electronic Voting Machines (EVMs). Despite the criticism, Kumar has defended the election

On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost

A total of 205 Indian nationals who had illegally entered the United States were deported aboard a US military C-17 aircraft, which took off from Texas. Each deportee’s nationality was verified, signaling New Delhi’s involvement in the process. This is likely the first of many such deportations as part of a broader effort to address illegal immigration. The aircraft, typically equipped for larger transports, can accommodate up to 205 passengers, though it only has one toilet unles

The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

In a heartbreaking incident in southern Ireland, two Indian students were killed, and two others were seriously injured after their car crashed into a tree in County Carlow. The two deceased, Cherekuri Suresh Chowdary and Chithoori Bhargav, both in their 20s, were pronounced dead at the scene. The accident occurred on Friday, when the black Audi A6 they were traveling in veered off the road at Graiguenaspiddoge, near Mount Leinster. The students, part of the Indian community in Carlow, had re

Projected Economic Growth India’s economy is expected to grow between 6.3% to 6.8% in the financial year 2025-26 (FY26). This forecast comes from the Economic Survey 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament. Economic Fundamentals The survey highlights that the

Ahead of their Davis Cup 2025 World Group I Playoff tie against Togo, Team India has made extensive preparations, ensuring that the squad is well-acclimatized and sharp for the upcoming matches at the DLTA Complex in New Delhi. The team, led by Captain Rohit Rajpal, consists of seasoned players like N Sriram Balaji, Ramkumar Ramanathan, and Mukund Sasikumar, alongside debutants Rithvik Bollipalli and Karan Singh. Captain Rajpal emphasized the importance of team cohesion and getting used to th

Telangana Chief Minister A. Revanth Reddy proudly announced that the state has secured approximately Rs 1.8 lakh crore in investments during his recent visit to the World Economic Forum (WEF) annual meeting in Davos, Switzerland. This marks a significant milestone for the state, with the Chief Minister emphasizing the importance of these investments in bolstering Telangana's economic growth. Taking a dig at the opposition Bharat Rashtra Samithi (BRS), Reddy refuted their claims