Commerce Minister highlights India-UK FTA implementation priorities at Global Forum 2025 in London
India's Commerce Minister showcased the country's economic vision at the India Global Forum 2025 in London following the historic India-UK Free Trade Agreement signed in May 2025. The Minister emphasized transitioning the FTA from negotiated text to transformative economic partnership, highlighting priorities including strengthening joint governance mechanisms, supporting SMEs and startups, and facilitating skilled professional mobility. Key discussions covered collaboration in digital infrastructure, sustainable manufacturing, green technologies, fintech, artificial intelligence, and defense production. The Minister participated in sessions exploring bilateral cooperation opportunities and implementation strategies, reinforcing India's commitment to deepening its strategic partnership with the UK through enhanced trade, technology, and innovation cooperation.

Prime Minister announces two-day tour launching Rs 20,000 crore development projects across three states
The Prime Minister will undertake a two-day, three-state tour visiting Bihar, Odisha, and Andhra Pradesh. In Bihar, he will inaugurate railway projects worth over Rs 400 crore, flag off Vande Bharat Express service, and launch an export locomotive. Six sewage treatment plants under Namami Gange project worth Rs 1,800 crore will be inaugurated. In Odisha, development projects worth Rs 18,600 crore covering water supply, irrigation, health infrastructure, and transportation will be launched, marking the state government's first anniversary. The tour concludes in Visakhapatnam for International Day of Yoga celebrations with nearly five lakh participants.

Nepal's methane gas reserves could reach 430 billion cubic metres, meeting national demand for 50 years
A preliminary report reveals western Nepal's methane gas reserves could reach approximately 430 billion cubic metres, potentially meeting the nation's gas demand for 50 years. The findings come from exploration conducted under a 2019 bilateral agreement between Nepal and China. Initial drilling in one well in Dailekh district reached over 4,000 metres depth, revealing 1.12 billion cubic metres of methane. This represents findings from just one of four targeted wells. The Chinese government fully funds this pilot project, with final reports expected by year-end and commercial production testing planned thereafter.

Man declared proclaimed offender denied anticipatory bail in cheating and criminal conspiracy case
The Delhi High Court dismissed an anticipatory bail application from a man declared a proclaimed offender in a cheating case. The petitioner was charged with cheating, criminal conspiracy, and criminal breach of trust by banker/merchant/agent. The court noted the accused consistently failed to comply with trial court orders, didn't join investigation, and ignored non-bailable warrants. Justice emphasized that proclaimed offenders cannot receive anticipatory bail unless exceptional circumstances exist. The court found no extraordinary circumstances warranting discretionary relief, ruling the petitioner ineligible for pre-arrest bail protection.

Bank of England holds interest rate at 4.25 percent amid global uncertainty and inflation concerns
The Bank of England maintained its main interest rate at 4.25 percent, a two-year low, citing a "highly unpredictable" global environment. Three of nine policymakers voted for a quarter-point cut, raising expectations for an August reduction. The central bank expressed concerns about Middle East conflicts impacting oil prices, which have risen above $75 per barrel, and uncertainty regarding tariff policies. Current inflation stands at 3.4 percent above the 2 percent target. Officials expect inflation to remain elevated but gradually decline as unemployment rises, though geopolitical tensions could affect this trajectory.

Tech company launches optimized home design collection reducing construction time by 49 days across six cities
A tech-enabled construction company launched its Connoisseur Collection of optimized home designs across six major Indian cities. The collection, developed from seven years of research analyzing over 8,000 floor plans, addresses common construction challenges including delays, budget overruns, and quality concerns. The designs follow a LIVE methodology evaluating liveable area, indoor environmental quality, traditional spatial principles, and ergonomic flow. Key features include express delivery service reducing construction time by up to 49 days, modular designs for optimal space utilization, and cost-efficient solutions minimizing material waste while maintaining quality standards.

University launches M.Tech Computer Science program targeting AI and cybersecurity professionals for growing IT market
India's IT and business services market reached $19.93 billion in 2023, with expected 8.2% annual growth until 2028, driving demand for cybersecurity and AI professionals. A private university in Andhra Pradesh launched an M.Tech Computer Science and Engineering program addressing this need. The curriculum covers artificial intelligence, cloud computing, data science, and cybersecurity through theoretical learning and practical applications. The program aims to develop ethical computing professionals for finance, healthcare, and administration sectors. Graduates can pursue roles as software engineers, AI specialists, cybersecurity analysts, or academic positions, supporting India's digital economy transformation.

Fintech platform targets 30,000 Indian exporters by 2025 with 50% savings on international payments
A cross-border payments platform announced plans to support over 30,000 Indian exporters by end-2025. The fintech company currently serves over 10,000 businesses across 25+ currencies, offering up to 50% savings compared to traditional banking channels. The platform targets IT service providers, funded startups, SaaS companies and fintech platforms with transparent, fast and cost-effective international payment solutions. The company has integrated with leading platforms for streamlined payment workflows and has processed hundreds of millions in transactions while being backed by major investors.

Petrochemical company completes 45-day maintenance turnaround achieving operational excellence and enhanced sustainability standards
A major petrochemical company completed its maintenance turnaround at its West Bengal facility in 45 days, starting April 16. The initiative aimed to achieve operational excellence, technological enhancement, and higher sustainability. The turnaround resulted in improved infrastructure reliability, increased safety standards, enhanced process efficiency, reduced fuel consumption, and lower carbon dioxide emissions. The company incorporated digital technologies to support future growth and innovation. The facility has a production capacity of 7 lakh TPA of ethylene and is among the country's largest petrochemical companies.

Central government launches Gender Budgeting Knowledge Hub digital platform to strengthen gender-responsive planning and inclusive growth
The Central government launched the Gender Budgeting Knowledge Hub, a digital platform designed to strengthen gender-responsive planning and promote inclusive growth. The portal provides policymakers and researchers with centralized resources including policy briefs, best practices, and gender-disaggregated data for integration into planning and budgeting processes. The launch occurred during a national consultation with representatives from ministries, state governments, and international agencies. The government allocated Rs 4.49 lakh crore for gender budgeting in FY 2025-26, representing 8.86% of the Union Budget, with 49 ministries participating across 273 schemes.

Global markets fall amid Middle East tensions while Fed holds rates steady
Global financial markets declined as Middle East tensions escalated on the seventh day of conflict. European markets fell 0.5-0.9 percent, with Asian markets also retreating amid heavy tech selling. The Federal Reserve maintained interest rates while signaling two cuts expected this year, citing concerns over import tariffs fueling inflation. Central banks in Switzerland cut rates while England held steady. Oil prices rose due to supply disruption fears, as one nation sits near crucial shipping routes. A steel acquisition was completed despite government opposition, while unemployment claims decreased but housing starts fell below expectations.

Private insurer launches India's first state-wise health insurance policies covering 25 states with regional customization
A major private general insurer launched India's first state-wise health insurance policies tailored to regional healthcare needs across 25 states and 5 union territories. The policies feature customized coverage reflecting local hospital infrastructure, prevalent health conditions, and affordability levels. Coverage includes sum insured options from INR 5-20 lakh, inpatient hospitalization, advanced treatments, and organ donor expenses. Optional add-ons include unlimited sum insured reinstatement and super cumulative bonus up to 200%. Each policy carries region-specific names in local languages. The initiative aims to make healthcare coverage more accessible and relevant to diverse regional requirements across India.

India's first UPF resort-wear collection launches with sustainable bamboo silk garments for monsoon protection
A luxury fashion designer has launched India's first UPF resort-wear collection featuring bamboo silk garments designed for monsoon protection. The Classic Basics line includes kaftans, dresses, and coord sets with UV protection, cooling properties, and hypoallergenic benefits. The sustainable bamboo silk fabric offers protection against harsh UV rays during overcast conditions while maintaining comfort and style. The collection features diverse prints inspired by Mughal-Rajasthani art, animal prints, and geometric patterns. The designer emphasized addressing the lack of fashionable UPF clothing in India while focusing on sustainable materials and versatile designs suitable for humid monsoon conditions and vacation wear.

Gold drops Rs 150 to Rs 1,00,560 per 10g, silver falls Rs 1,000 following Fed rate decision
Gold prices declined by Rs 150 to Rs 1,00,560 per 10 grams in the national capital, while silver dropped Rs 1,000 to Rs 1,07,200 per kilogram following weak international market trends. The precious metals fell after the Federal Reserve maintained interest rates at 4.25-4.50 percent, strengthening the US dollar. Spot gold traded at USD 3,365.90 per ounce globally, with analysts citing the Fed's hawkish stance that pushed potential rate cuts further by six months. Despite geopolitical tensions providing some support, both metals retreated from recent highs amid market volatility.

Indian baby skincare brand gains popularity with organic products tackling climate-specific skin issues
A home-grown baby skincare brand is gaining popularity among Indian parents struggling with skin issues caused by local climate conditions. The company offers plant-based, organic products specifically formulated for Indian environmental factors rather than adapted Western formulas. Parents report visible improvements in treating heat rashes and dry patches within days of use. The products are certified organic, pediatrician-recommended, and free from harsh chemicals. A pediatrician endorses the brand's gentle yet effective formulation for sensitive newborn skin. The products are widely available across major e-commerce platforms, making them accessible to families nationwide.

Golf retailer launches online platform offering premium international gear at competitive prices in India
A golf equipment retailer has launched an online platform to address limited access to premium golf gear in India. The company offers comprehensive selections of clubs, apparel, and accessories from international brands at competitive prices, eliminating middlemen and import markups. The digital-first approach features user-friendly interfaces, expert guidance, and personalized recommendations for players of all levels. The platform emphasizes affordability through seasonal discounts, loyalty programs, and pre-owned equipment while ensuring authenticity to avoid counterfeit products. Beyond retail, the company engages with the golfing community through tournaments and educational content to support grassroots development of the sport in India.

New women's footwear brand launches with triple-layered sole technology and sustainable faux leather materials
A new women's footwear brand launched in India, focusing on comfort, style, and sustainability. The company features proprietary triple-layered sole technology for enhanced wearability and uses premium faux leather with ethically sourced materials. Products include flat sandals, slip-ons, heels, and statement pieces, all designed for all-day comfort. The brand operates digitally and uses 100% plastic-free packaging. The founder emphasized creating footwear that doesn't require women to choose between appearance and comfort, targeting modern women's lifestyle needs through cruelty-free, sustainable fashion.

Indian-owned UK businesses surge 23% to 1,197 companies following UK-India Free Trade Agreement finalization
The 12th edition of a business tracker was launched by India's Commerce Minister, revealing a record 23% year-on-year increase in Indian-owned UK businesses, totaling 1,197 companies. This surge follows the finalization of the UK-India Free Trade Agreement, which is projected to contribute lb4.8 billion to UK GDP annually. Technology, Media, and Telecom sectors lead growth at 31%, followed by pharmaceuticals at 22%. London hosts 47% of the fastest-growing companies, with the South of England accounting for 24.3%. The tracker serves as a key indicator of bilateral economic health between the two nations.

Indian-owned businesses in UK surge 23% to 1,197 companies with revenues hitting lb72.14 billion
Indian-owned businesses in the UK surged 23% year-on-year to 1,197 companies, marking the steepest annual growth rate. Combined revenues increased to lb72.14 billion from lb68.09 billion in 2024. These companies employ 126,720 people and added over 8,000 new jobs. The businesses achieved 42% average growth with lb32.6 billion combined turnover, paid lb67.3 million in corporation tax, and created 56,000 jobs. London hosts 47% of these companies. The growth coincides with ongoing UK-India free trade agreement discussions.