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India is one of the fastest growing economy; need higher trade integration with partners: IMF MD Kristalina Georgieva

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), according to an ET report.Speaking at an IMF press conference, Georgieva replied to ET…

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‘Our partners will continue to work with us’: Russia rebuts Donald Trump’s claim; confident of oil cooperation with India

NEW DELHI: Russia remains confident that its energy partnership with India will continue, deputy Prime Minister Alexander Novak said on Thursday, a day after US President Donald Trump claimed that Prime Minister Narendra Modi had assured him that New Delhi would stop buying Russian oil.“We continue to cooperate with our friendly partners. Our energy resource…

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‘Natural partners’: PM Modi hails India-UK trade deal; job creation, more trade & other benefits

Prime Minister Narendra Modi on Thursday praised the Comprehensive Economic and Trade Agreement (CETA) between India and the UK, saying the pact will bring significant advantages for both businesses and consumers.In a joint statement with UK PM Keir Starmer, PM Modi said, “With this Agreement, (Comprehensive Economic and Trade Agreement), the import cost between the…

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Defence exports boost: Armoured Vehicles Nigam seeks to rope in international partners; aims to sell platforms, vehicles and spare parts

Armoured Vehicles Nigam (AVANI), India’s leading producer of armoured platforms, is looking to expand internationally and is scouting for partners to market its products overseas. The company is targeting Africa, West Asia, Central Asia, and Southeast Asia for potential channel partnerships to export its vehicles, spare parts, and maintenance support.AVANI manufactures key defence platforms, including…

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EA to go private in $55 billion buyout: Silver Lake, PIF, and Affinity Partners lead historic deal; ends 36-year public listing

Electronic Arts (EA), the creator of globally popular video games including “Madden NFL,” “Battlefield,” and “The Sims,” is poised to exit public markets after agreeing to a $55 billion acquisition. The deal, one of the largest leveraged buyouts ever, will transfer EA into private ownership, giving the company room to restructure without the scrutiny of…

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‘India chooses its own partners’: Russia’s Lavrov on Moscow–New Delhi ties; partnership ‘not under threat’

NEW DELHI: Russian foreign minister Sergey Lavrov on Saturday said the India–Russia relationship remains steady despite Washington’s tariffs and political pressure, adding that New Delhi has made clear it will not be dictated to on foreign partnerships.Lavrov, who was responding to questions on the sidelines of an event, pointed to the resilience of bilateral ties…

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Aviation MRO challenge: AIESL seeks access to proprietary manuals for component overhaul; eyes strategic partners

State-owned AI Engineering Services Ltd (AIESL) is exploring strategic partnerships to gain direct access to proprietary aircraft manuals and technical literature required for high-end component maintenance, repair and overhaul (MRO) activities, officials said.AIESL, which was carved out of Air India after the government sold the airline to the Tata Group in January 2022, has emerged…

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