Outward Remittances Decline to $2.3 Billion in May: RBI Bulletin

July 25, 2025

Outward Remittances Decline to $2.3 Billion in May: RBI Bulletin

Outward remittances from India dropped to $2.3 billion in May, with travel expenses making up the majority at $1.38 billion. The total spend was down by 4.4% compared to the previous year. Education and supporting relatives also accounted for significant amounts.

Chery to Supply Technology to Help India's JSW Launch Own EVs

July 25, 2025

Chery to Supply Technology to Help India's JSW Launch Own EVs

China's Chery Automobile to supply technology to India's JSW Group for new-energy vehicles by 2027. Deal includes technology transfer fee and royalties. Partnership aims to boost India's EV ecosystem amid restrictions on Chinese investments. Chery's advanced capabilities to aid JSW in localizing production quickly.

India and UK Sign Comprehensive Economic and Trade Agreement

July 25, 2025

India and UK Sign Comprehensive Economic and Trade Agreement

India and the UK have formalized a Comprehensive Economic and Trade Agreement (CETA) with the aim of increasing trade volume to over $100 billion by 2030. The deal eliminates tariffs on important sectors and reduces duties on key products.

PM Modi Visits UK, Signs Free Trade Agreement with Keir Starmer

July 24, 2025

PM Modi Visits UK, Signs Free Trade Agreement with Keir Starmer

PM Modi's visit to the UK focuses on signing the India-UK Free Trade Agreement to boost bilateral trade. The visit also includes discussions on global issues and strengthening diplomatic ties.

Supreme Court Quashes Cheating Case Against Tanu Weds Manu Producer

July 24, 2025

Supreme Court Quashes Cheating Case Against Tanu Weds Manu Producer

Supreme Court quashes cheating case against Bollywood producer Shailesh R Singh, emphasizing civil resolution of disputes over criminal proceedings.