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  • Nagpur to Host BRICS Transport Ministers’ Meet, Spotlighting Global Mobility Cooperation

    Nagpur, July 7: India is set to host the 3rd BRICS Transport Ministers’ Meeting in Nagpur, bringing together transport ministers and senior representatives from BRICS nations to strengthen cooperation in the mobility and infrastructure sectors.

    The meeting will focus on key areas including sustainable transport development, cross-border connectivity, logistics efficiency, digital transformation, and the creation of resilient transportation networks among member countries.

    The high-level gathering will provide an important platform for BRICS nations to exchange ideas, share best practices, and explore collaborative solutions for addressing emerging challenges in the transport sector.

    Officials said the meeting highlights India’s role in advancing international cooperation on infrastructure and mobility while promoting innovation, sustainability, and inclusive growth in transportation systems.

    The discussions are expected to pave the way for stronger partnerships and coordinated efforts towards developing efficient, future-ready transport networks across BRICS countries.

  • Supply Chain Reset Puts India in Global Manufacturing Spotlight: ASSOCHAM

    New Delhi, July 7: India is emerging as a key global manufacturing destination as companies worldwide look to diversify their supply chains, according to a report by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

    The report highlights that India’s expanding industrial ecosystem, skilled workforce, improving infrastructure, policy reforms, and growing domestic market are strengthening its position in the global manufacturing landscape.

    With businesses increasingly adopting a “China plus one” strategy to reduce supply chain risks, India is witnessing greater interest from global manufacturers across sectors such as electronics, automobiles, pharmaceuticals, renewable energy, and advanced technologies.

    ASSOCHAM noted that continued investments in infrastructure, ease of doing business reforms, innovation, and skill development will be crucial to further enhancing India’s manufacturing competitiveness.

    The report emphasised that India’s integration into global value chains can create new opportunities for investment, employment generation, and sustainable industrial growth.

    India’s growing manufacturing capabilities are expected to play a significant role in shaping the country’s economic expansion and strengthening its position in the global supply network.

  • India’s Economy Shows Improved Resilience Against Weather Risks: Report

    New Delhi, July 7: India’s economy has become increasingly resilient to monsoon-related disruptions, with reduced dependence on rainfall patterns due to structural changes, economic diversification, and improved risk management measures, according to a recent report.

    The report noted that while the monsoon remains a key factor for the agricultural sector and rural economy, its influence on overall economic growth has declined significantly over the years. The expansion of the services sector, growth in manufacturing, improved irrigation coverage, and adoption of modern agricultural practices have helped reduce vulnerability to rainfall variations.

    Improved infrastructure, technological advancements, and policy interventions have further strengthened the country’s ability to manage weather-related challenges and maintain economic stability.

    Experts highlighted that continued focus on climate-resilient agriculture, sustainable resource management, and investment in infrastructure will be essential to further enhance India’s economic resilience in the face of changing weather patterns.

    The findings indicate that India’s evolving economic structure has provided greater stability, allowing the country to better withstand the impact of uneven monsoon conditions.

  • Government Rejects Speculation on E-25 Petrol Rollout

    New Delhi, July 7: The Central Government has clarified that reports claiming a nationwide rollout of E-25 petrol are incorrect, stating that no such decision has been taken.

    Officials said there is currently no proposal to introduce petrol blended with 25 per cent ethanol and urged the public to rely only on official communications regarding fuel policy.

    The clarification comes amid speculation over India’s ethanol blending programme. While the government remains committed to promoting cleaner fuels and expanding ethanol blending in a phased manner, any future policy changes will be announced only after due evaluation and approval.

    The government reiterated that misinformation regarding fuel policies should be disregarded and emphasised that official announcements remain the only authentic source of such information.

  • Benchmark Indices End Four-Day Rally as Metal and Realty Stocks Weigh on Markets

    Mumbai, July 7: Indian equity markets ended their four-session winning streak on Tuesday, with the benchmark indices Sensex and Nifty closing lower amid broad-based selling in metal and realty stocks.

    Market sentiment remained subdued as investors booked profits following the recent rally, while weakness in metal and real estate counters dragged the key indices into negative territory. Selling pressure in select heavyweight stocks further weighed on overall market performance.

    Despite the decline, analysts noted that the broader market remained resilient, with investors closely tracking global market trends, commodity prices, and upcoming domestic and international economic developments.

    Market participants are also awaiting key macroeconomic indicators and corporate earnings, which are expected to provide further direction to equity markets in the coming sessions.

    The day’s trading reflected cautious investor sentiment, bringing an end to the benchmark indices’ four-day gaining streak after a sustained period of positive momentum.

  • CM-FLIGHT Initiative to Equip Assam’s Youth with Skills for Overseas Careers

    Guwahati, July 7: The Assam Government has launched the CM-FLIGHT (Chief Minister’s Foreign Language Initiative for Global Human Talent) programme to prepare young people for overseas employment by equipping them with language proficiency and industry-relevant skills.

    The initiative aims to enhance the global employability of Assam’s youth by providing training in foreign languages, soft skills, and job-specific competencies required in international labour markets. The programme is designed to help aspiring candidates meet the standards and expectations of employers abroad.

    Officials said CM-FLIGHT will focus on improving workforce readiness through structured training, skill development, and career guidance, enabling participants to access better employment opportunities in overseas markets.

    The programme also seeks to strengthen Assam’s skilled workforce, promote safe and organised international migration, and expand livelihood opportunities for young job seekers.

    The launch of CM-FLIGHT reflects the state government’s commitment to empowering youth with globally relevant skills and creating pathways for sustainable employment beyond India’s borders.

  • Jharkhand Exports Amrapali Mangoes to Dubai, Opening Global Markets for Tribal Farmers

    Ranchi, July 7: Jharkhand has achieved a major milestone in agricultural exports with the shipment of Amrapali mangoes from the state’s tribal belt to Dubai, reinforcing efforts to expand the global reach of locally grown horticultural produce.

    The export marks a significant step towards integrating tribal farmers into international markets, providing them with access to better prices and new business opportunities. It also highlights the increasing recognition of Jharkhand’s high-quality mangoes in overseas markets.

    The initiative has been facilitated through coordinated efforts to strengthen the agricultural value chain, improve post-harvest handling, maintain international quality standards, and streamline export logistics.

    Officials said the successful consignment reflects the growing export potential of produce cultivated in the state’s tribal regions. The development is expected to encourage more farmers to adopt quality-driven and export-oriented farming practices while enhancing their income prospects.

    The export of Amrapali mangoes to Dubai is part of the government’s broader strategy to promote agricultural exports, empower tribal farming communities, and position India’s premium horticultural products in global markets.

  • PM-SETU: Centre Clears INR 1,238 Crore Plan to Upgrade ITIs Nationwide

    New Delhi, July 7: The Central Government has approved an investment of ₹1,238 crore under the PM-SETU programme to modernise Industrial Training Institutes (ITIs) and strengthen the country’s skill development ecosystem.

    The initiative aims to transform selected ITIs into advanced training centres by upgrading infrastructure, introducing modern equipment, and improving training facilities in line with the evolving needs of industries.

    The nationwide rollout of PM-SETU is expected to enhance the quality of vocational education, improve access to industry-relevant skills, and create better employment opportunities for young people. The programme will focus on developing a skilled workforce equipped to meet the demands of emerging sectors and new-age technologies.

    Officials said the initiative will help bridge the gap between technical training and industry requirements by promoting practical learning, modern teaching methods, and stronger industry linkages.

    The government’s investment in ITI modernisation is part of its broader effort to build a future-ready workforce, support entrepreneurship, and strengthen India’s position as a global hub for skilled talent.

  • India Boosts Global Cooperation on Critical Minerals to Build Resilient Supply Chains

    New Delhi, July 7: India is strengthening its global partnerships to ensure a secure and stable supply of critical minerals by collaborating with 35 countries, marking a significant step towards enhancing resource security and supporting future industries.

    The initiative focuses on developing reliable and diversified supply chains for minerals essential to key sectors, including clean energy, electric mobility, semiconductor manufacturing, defence technologies, and advanced industries.

    Through strategic international partnerships, India aims to improve access to critical mineral resources, encourage investments, promote technology exchange, and support sustainable exploration and processing capabilities.

    Officials highlighted that securing critical mineral supplies is vital for India’s long-term economic growth and its transition towards a technology-driven and sustainable industrial ecosystem.

    The government is working with partner countries to strengthen cooperation, reduce supply chain risks, and create a resilient framework to meet the growing demand for critical minerals in the years ahead.

  • Advancing ambitions: PPDS strengthens Nordic leadership with the promotion of Jonas Fjeld to Business Manager for the region

    Progressing with purpose: Building on a fast track record of success at PPDS, Jonas Fjeld takes on expanded responsibilities to accelerate growth and strengthen relationships with customers and partners across the Nordic countries.

     

    Amsterdam, July 07: PPDS, the exclusive global provider of Philips Professional Displays and complementary solutions, is pleased to announce the promotion of Jonas Fjeld to Business Manager Nordics.

    Part of a broader organisational realignment designed to support future growth and deliver more localised, tailored service and support to partners and customers, Jonas has been appointed to the newly created role after joining PPDS in August 2025 as Country Sales Manager for Philips Professional Displays in Norway.

    With more than 15 years of top level AV/IT sales and management experience under his belt, including a decade working at two of the world’s leading manufacturers and distributors, Jonas has consistently demonstrated the leadership and expertise required to support the company’s continued growth across both local and international markets and through all verticals.

    Reporting to Jae O Choi Park, EMEA Commercial Head at PPDS, Jonas’ expanded role now covers Sweden, Finland, Denmark, Norway, Estonia, and the Baltics. He will be responsible for leading the sales and commercial strategy across all products and solutions – including Philips LED and Videowalls, Signage, ePaper and interactive displays, professional and hotel TVs, and solutions – driving growth and strengthening brand presence in each country.

    Working closely with his team, including Lilly Janson, Sales Manager Finland and Baltics, Peter Bystrom, Sales Manager Sweden, and Peter Thurner, Sales Manager Sweden, Jonas will also focus heavily on further strengthening and expanding channel relationships with distributors, system integrators, AV/IT partners, designers and architects, ensuring PPDS remains at the forefront of future project tenders.

    Advancing ambitions: PPDS strengthens Nordic leadership with the promotion of Jonas Fjeld to Business Manager for the region

     

    Commenting on his appointment, Jonas said: “Since joining PPDS, I have believed strongly in what we can achieve with our portfolio and talented team. We have built strong momentum in Norway, and I am proud to now take on this expanded role. There are significant opportunities ahead across the Nordics, and together we will continue to strengthen PPDS’ position in the market.”

    Jae added: “Jonas has demonstrated strong leadership and a clear ability to develop and execute strategies that deliver results. His deep understanding of the Nordic region made him the natural choice for this role. On behalf of PPDS, I wish him every success.”