April 16, 2026
Trending now

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

UAE and Italy leaders discuss security and cooperation

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

UAE president hosts UK PM for regional security talks

Bahrain and UK review regional tensions and economic risks

Gold steadies as markets watch US-Iran talks

Nikkei falls as caution returns to Tokyo stocks

Tag : New Delhi

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, manufacturing equipment and the development of a local semiconductor supply......
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 thorium summary lists India with 850,000 tons of identified thorium......
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 two countries agreed to rebuild momentum across trade, energy, technology......
Technology

Samsung India opens Galaxy S26 series pre-orders

omandailynews.com
NEW DELHI: Samsung India said its flagship Galaxy S26 smartphone series is available for pre-order in India from Feb. 25, led by the Galaxy S26 Ultra alongside the Galaxy S26+ and Galaxy S26. The company billed the lineup as its most advanced AI phone range to date, built around “Agentic AI” features......
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 Summit. The documents were signed by S. Krishnan, secretary at......
Technology

Modi urges human centric AI at India AI Impact Summit

omandailynews.com
NEW DELHI: Prime Minister Shri Narendra Modi on Thursday called for a human centric global artificial intelligence ecosystem and urged governments and companies to build safeguards that keep AI transparent, accountable and aligned with human values. Speaking at the Leaders’ Plenary Session of the India AI Impact Summit 2026, Modi said AI should......
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 runs in the Indian capital through Feb. 20. He was......
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

German Chancellor Olaf Scholz meets with PM Modi in New Delhi

omandailynews.com
Indian Prime Minister Narendra Modi said today, February 25, that India is encouraged by Germany’s interest in Make in India and Aatmanirbhar Bharat (self-reliant India). According to Mr Modi’s press statement after his meeting with German Chancellor Olaf Scholz in New Delhi, Chancellor Scholz understands the many possibilities between India......
Business

India and Japan exchange views on macro-economic issues in New Delhi

omandailynews.com
A Finance Dialogue was held between India and Japan in New Delhi to exchange views on the macroeconomic situation, the financial system, financial digitalization, and investment environment. In this first India-Japan Finance Dialogue, Masato Kanda, Vice Minister of Finance for International Affairs of Japan, and Ajay Seth, Secretary of Department......