Wednesday, September 02
India's Foreign Direct Investment (FDI) rose over 18% in the second quarter (April-September) of the current fiscal year, amounting to $35,180, while the inflow from the US more than doubled to $6.62 billion during the period, according to the latest government data released on Monday.Investments from overseas during the April-September period of the previous fiscal year stood at $29.79 billion.During the preceding June-September quarter of 2025-26, the inflows increased by over 21% year-on-year to $16.54 billion.FDI equity inflow stood at $16,552 million. 125696627Services sector, that includes Financial, Banking, Insurance, Non-Financial / Business, Outsourcing, R&D, Courier, Tech. Testing and Analysis constituted the highest portion of total FDI Equity inflow of 16%, amounting
Days after Khyber Pakhtunkhwa Chief Minister Sohail Afridi staged an overnight sit-in outside Central Jail Rawalpindi (Adiala jail), PakistJunior Law and Justice Minister Barrister Aqeel Malik said that Governor's Rule was being considered in KP.He cited "security and governance issues" in KP province to justify the imposition of Governor's Rule.Speaking at a Geo News programme, Malik said that Afridi and his team had "badly failed in having any sort of a workable situation"."Neither do they want to have any kind of coordination or cohesion with the Centre, nor do they take any action in areas where it was needed," Dawn reported him as saying.The Minister of State (MoS) maintained that the imposition of Governor's Rule in KP was a constitutional measure that was undertaken in case of "abso
The Reserve Bank of India (RBI) on Monday appointed Usha Janakiraman as Executive Director (ED) with effect from December 1, 2025.Prior to being promoted as the executive director of RBI, Janakiraman was serving as Chief General Manager-in-Charge, Department of Regulation, Central Office, Mumbai. With an experience of over three decades in the central bank, she has worked in the areas of regulation, external investment and operations, banking supervision, public debt management, currency management and other areas in the bank, RBI said in a release.Also read: RBI MPC 2025 ET Poll: Rate cut likely amid low inflation, high growth; tough call for Malhotra & co.As Executive Director, Janakiraman will look after the Department of Supervision (Risk, Analytics and Vulnerability Assessment). S
Sales by the world's top 100 arms makers reached a record $679 billion last year, as the wars in Ukraine and Gaza boosted demand, researchers said Monday, but production issues hampered deliveries.The figure was 5.9 percent higher than the year before, and, over the 2015-2024 period, revenues for the top 100 arms makers have risen 26 percent according to a report by the Stockholm International Peace Research Institute (SIPRI)."Last year global arms revenues reached the highest level ever recorded by SIPRI as producers capitalised on high demand," Lorenzo Scarazzato, researcher with the SIPRI Military Expenditure and Arms Production Programme, said in a statement.Jade Guiberteau Ricard, a researcher for the same programme, explained to AFP that "it's mostly driven by Europe," although "all
