June 15, 2026
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Tag : India

Business

India approves $1.1B venture fund of funds for startups

omandailynews.com
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s startup ecosystem, the government said in a statement issued Feb. 14. The program, launched under......
Business

Modi unveils 2047 tax holiday to grow India data centres

omandailynews.com
MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the Union Budget 2026 to strengthen the country’s role in global digital infrastructure......
News

Saudi Arabia and India expand strategic partnership with new committees

omandailynews.com
Saudi Arabia and India have expanded their strategic council with four new committees targeting defence, culture, and global cooperation....
Technology

India and Saudi CST to work together on space and telecom

omandailynews.com
India’s TRAI signed an MoU with Saudi Arabia's CST to collaborate on communications and space technology, strengthening bilateral ties and advancing telecom and space sector regulations....
Business

WTO trade leaders meet in India to discuss Asian-African trade strategies

omandailynews.com
India led a WTO meeting discussing resilient trade strategies, digital solutions for trade barriers, and climate action tailored for developing nations, fostering inter-regional cooperation....
Business

New WEF platform aims to unlock capital for clean energy in emerging markets

omandailynews.com
The World Economic Forum launched a platform to boost clean energy investment with 100 solutions from 47 countries, aiming to unlock $1.7 trillion in finance for emerging markets....
News

PM Modi, President Sheikh Mohamed fortify UAE-India ties for robust future

omandailynews.com
In a landmark event marking the deepening of diplomatic and economic bonds, United Arab Emirates’ President, Sheikh Mohamed bin Zayed Al Nahyan, and Indian Prime Minister, Narendra Modi, convened in Abu Dhabi. The focus of the meeting revolved around fortifying bilateral ties and accelerating the strategic partnership between the two......