South Asia witnessed a sharp rise in FDI inflows, which climbed from $34 billion to $46 billion, largely driven by India, where inflows expanded to $39 billion, the report noted. At the same time, UNCTAD observed that project-related indicators suggested a more cautious investment environment despite the increase in overall inflows.
US stocks traded mixed on Tuesday as technology shares faced pressure. Declines in artificial intelligence and semiconductor stocks weighed on the Nasdaq Composite. The S&P 500 also slipped, while the Dow Jones Industrial Average saw gains. This weakness followed a sharp sell-off in Asian markets, particularly South Korea’s Samsung Electronics. Oil prices moved higher after
India has asked the United States to withdraw proposed tariffs on its imports. The nation argues the US lacks adequate evidence for its claims. India’s submission highlights a broad approach by the USTR investigation. It states the current framework does not distort trade unfairly. India remains open to dialogue and consultation on specific concerns.
Data from the India Meteorological Department showed that cumulative rainfall across the country was 38% below normal until July 1, largely due to the development of El Niño conditions over the Pacific Ocean, which affected the southwest monsoon running from June to September.
India has launched the National Critical Mineral Mission (NCMM) in January 2025 for a seven-year period from 2024-25 to 2030-31. The mission goes far beyond a conventional mining initiative. It lays out a long-term strategy aimed at strengthening India’s energy security, accelerating industrial development and enhancing technological self-reliance.
Chinese officials are discussing restricting overseas access to advanced artificial intelligence models. These talks involve major technology firms like Alibaba and ByteDance. The government views cutting-edge AI as a strategic national asset amid global competition. Discussions also covered strengthening legal protections for proprietary AI technology. This move follows China’s increasing global traction in the AI
India’s semiconductor strategy draws on proven Asian models for growth. Execution, not strategy, presents the nation’s primary challenge now. Developing skilled workers and strengthening local supply chains are crucial steps. The country focuses on outsourced assembly and mature process nodes. Meeting global quality standards and increasing domestic production are key goals.
Saudi Arabia has introduced a new pilot Package Visa service for tourists. This digital initiative integrates flight and accommodation bookings with visa applications. Eligible travelers can now book their entire trip through a single, unified travel package. The service aims to simplify the visitor journey and encourage longer stays. This move supports Saudi Arabia’s growing
The renewed interest in financial stocks helped overseas investors emerge as net buyers of Indian equities worth more than Rs 14,000 crore during the June 16-30 period, reversing net outflows of Rs 63,450 crore recorded in the first fortnight of the month, according to NSDL data.
The Centre is selling a 2.52% stake in Cochin Shipyard Limited through an Offer for Sale. Non-retail investors can bid on July 7, 2026, and retail investors on July 8, 2026. This divestment supports the government’s extensive maritime ecosystem expansion programs. Initiatives like the Maritime Development Fund and financial assistance schemes are bolstering the sector.
