The Indian government is actively working to maintain strong FDI inflows by streamlining regulations and offering tailored investment packages to global corporations. Efforts include easing regulatory frameworks at the state level, simplifying sectoral FDI regulations, and addressing investor concerns regarding land availability.
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The UK's defence review identifies Russia as an immediate threat and China as a persistent challenge, drawing lessons from the Ukraine war. Britain faces a new era of warfare with emerging technologies.
India's DGCA granted IndiGo a final three-month extension, until August 31, for its wet-leased Boeing 777s from Turkish Airlines, averting immediate flight disruptions. This decision follows IndiGo's request for a six-month extension, which was denied. The backdrop includes strained relations with Turkey, evidenced by revoked security clearances for a Turkish ground handling company.
During closing arguments, a federal judge challenged Google's defense against antitrust remedies, expressing skepticism about the company's stance on AI restrictions and search dominance. The Justice Department seeks to limit Google's AI ambitions, viewing AI as the future of search, while Google plans to appeal the ruling expected in August, regardless of the outcome.
Indian Railways is set to achieve net-zero targets by year-end, surpassing its 2030 goal through extensive electrification. Aiming for 95% electric traction by 2030, it anticipates significant carbon emission reductions. The shift includes sourcing renewable and nuclear energy, targeting 10 GW of electricity by the decade's end.
In Palghar, a 17-year-old girl accidentally shot herself in the neck with her 18-year-old boyfriend's illegal firearm at a Kelwa homestay. The girl is in critical condition, and police have arrested the boyfriend, charging him with kidnap, attempted murder, and violations of the Arms Act. Authorities are investigating whether the homestay followed proper check-in procedures, given the girl's minor status.
PM Modi, chairing the Niti Aayog meeting, advocated for greater inclusion of women in the workforce through policy changes and improved working conditions. He urged states to develop world-class tourist destinations and focus on health infrastructure.
Tamil Nadu CM M K Stalin visited his elder brother M K Alagiri at his Madurai residence on Saturday night, marking a significant reunion after years of estrangement. The visit, prompted by Alagiri's invitation, occurred after Stalin's roadshow in the city. This is the second time Stalin is meeting Alagiri in a long time, previously meeting in Vellore in 2024.
Elon Musk announced his departure as a special government employee and top advisor to President Donald Trump, marking the end of his role in streamlining federal bureaucracy. Musk thanked Trump for the opportunity to reduce wasteful spending, expressing confidence in the future of the DOGE mission. His exit follows criticism of Trump's tax and immigration bill, which Musk described as a "massive spending bill."
India is intensifying its efforts to financially isolate Pakistan, contesting World Bank loans and urging the FATF to reinstate it on the grey list. This follows India's opposition to the IMF bailout, citing concerns about Pakistan's economic history and potential misuse of funds for terrorism.