The Indian Navy has formally inducted and launched the INSV Kaundinya, a reconstructed 5th-century stitched sailing vessel designed to honor the nation’s ancient maritime history. The project, a collaboration between the Indian Navy, the Ministry of Culture, and various academic institutions, culminated in a ceremony at the Naval Base in...
India Advances Trade Talks with EU and U.S.
India’s Commerce and Industry Minister, Piyush Goyal announced that the nation is in the advanced stages of trade deal discussions with both the United States and the European Union. The Minister emphasized India’s approach to these negotiations, stating, "Every agreement stands on the comparative advantage India will have vis-a-vis its...
Shapoorji Pallonji Group Secures $3.4 Billion Credit
Mumbai headquartered Shapoorji Pallonji Group, a real estate and construction conglomerate, finalized a $3.4 billion private credit agreement. This marks the largest private credit deal of its kind in India to date. The agreement involves a three-year, zero-coupon rupee bond with an annual yield of 19.75%, and the proceeds will...