September 28, 2026
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Tag : India

News

UAE hosts PM Modi for official talks on energy and trade

omandailynews.com
UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Indian Prime Minister Narendra Modi in Abu Dhabi on Friday at the start of an official visit focused on energy cooperation, trade, investment and regional issues. The reception included the national...
Business

India unveils sovereign-backed maritime insurance pool

omandailynews.com
India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion, or 12,980 crore rupees, as the government moved to secure maritime cover amid current Middle...
Technology

India weighs $11 billion fund to boost chipmaking

omandailynews.com
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects,...
News

Pakistan clears Murid base building footprint in Feb 2026

omandailynews.com
ISLAMABAD: Pakistan has demolished a building inside Pakistan Air Force Base Murid that was heavily damaged during India’s May 2025 Operation Sindoor air strike, according to commercial satellite imagery dated Feb. 28, 2026. The latest image shows the structure completely removed, leaving...
News

India tops USGS list for thorium resources and fuel debate

omandailynews.com
NEW DELHI: India holds the world’s largest identified thorium resources, according to the latest U.S. Geological Survey compilation, a position that has long underpinned New Delhi’s interest in using the metal as part of its nuclear energy program. The USGS’s February 2026...
Business

India forex reserves hit record $728.49bn on RBI data

omandailynews.com
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier, reversing the prior...
Business

India and Canada reset ties with trade and uranium deal

omandailynews.com
NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said the...
Business

India joins Pax Silica initiative, signs AI pact with US

omandailynews.com
NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact...
Technology

UAE Crown Prince lands in New Delhi for India AI summit

omandailynews.com
NEW DELHI: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, arrived in New Delhi on Wednesday on behalf of UAE President Sheikh Mohamed bin Zayed Al Nahyan to participate in the India AI Impact Summit 2026, which...
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...