BUSINESS
Andhra Pradesh to build South Asia's first 'Quantum Valley'; CM Naidu leading quantum revolution: IT Minister Lokesh
“What we are saying is that we are ready to lead from the front (in quantum computing). We want to access these funds (of NQM) and create a vibrant ecosystem that will help us grow,” said Lokesh.
BUSINESS
Andhra vs Karnataka: "Will compete for every rupee of investment," says AP Minister Nara Lokesh
The reason why these companies would prefer AP over Karnataka is because his state government is genuinely willing to listen, said Lokesh, adding that many Bengaluru based start-ups and IT firms are in talks with AP government to shift their bases.
BUSINESS
Google's $10 bn Vizag data centre gets tax certainty, "double engine bullet train" govt helped: Nara Lokesh, IT, electronics and HRD minister
He also spoke about the hike in H1B visa fee that could be a brain gain for the state which sends lakhs of professionals to the US every year.
BUSINESS
Focus on balancing welfare and development, ups and down part of political journey: Andhra IT Min Nara Lokesh
“Winning elections is important, every single cycle matter. But what's more important is convincing people about the value of continuity in governance,” said the Minister. Nara Lokesh talks about the lessons from the past, and emphasis of the Naidu's government on inclusive growth.
BUSINESS
'Only concern is creating jobs, jobs, and more jobs': Nara lokesh says '99 paise land model' key to 2 mn job goal
The Minister explained the state government is working on implementing all such policies which would create more jobs. For instance, the “99 paise land model” is mainly aimed at catalysing jobs in the state.
BUSINESS
H-1B fee hike is an opportunity for 'brain gain': Andhra IT Minister Nara Lokesh
"Time has come for brain gain. India is no longer just about cost arbitrage. It’s about knowledge, talent," said Nara Lokesh.
BUSINESS
Google's $10 billion Vizag data centre gets tax certainty; AP ensures no retrospective levy: IT Minister Nara Lokesh
The Minister said that there will be separate power-grid for data centres, and added that Google will pay for the power grid. "Part of it will be subsidised by the state," he said.
BUSINESS
India-UK FTA deeper than Brexit deals or Trump trade pacts, says London’s Deputy Mayor Dawber
In a free-wheeling conversation, Dawber termed the FTA as the “deepest deal” India or the UK has ever signed. He also spoke about rising anti-immigration sentiment, work visas, and ease of doing business.
BUSINESS
Raymond Group to invest Rs 943 crore in Andhra to set up global aerospace manufacturing and auto component ventures
AP Govt has given tailor-made incentives worth Rs 695 cr to the group, production is expected to start in May 2027
BUSINESS
Govt pulls up e-commerce players for not reducing prices after GST cuts
On September 29, consumer affairs secretary Nidhi Khare said the department has received more than 3,000 complaints of companies failing to pass on benefits of lower GST rates to consumers
BUSINESS
There is a pattern in the protests that happened in Nepal, Bangladesh, and Sri Lanka: Sanjeev Sanyal
"Is there a pattern in all of this? What you saw in Sri Lanka, then in Bangladesh, and also in Nepal, very similar kinds of things are there. And there are rumors, particularly USAID funded NGOs which were involved in all of this," said Sanyal.
BUSINESS
Union Govt is perhaps not too large, it’s probably too small, says Sanjeev Sanyal
We are right now doing an exercise of mapping the government to see where all various agencies and all are. And once that is completed before the end of the year, we will have a very good sense of the landscape of the Indian central government, Sanyal said.
BUSINESS
'Process reforms' are streamlining myriad of small things that cause friction in the system: Sanjeev Sanyal
'We also need to go and look at the structure of the government itself, like the central government. There are all kinds of bodies in the government. Are these bodies needed?'
BUSINESS
India needs a new way to measure growth, replace GDP with gross welfare products: Rajiv Kumar
In an interview to Moneycontrol, Kumar also calls for doing away with tariffs, joining RCEP, revisiting Press Note 3 and balancing growth with climate change concerns.
BUSINESS
Little sympathy for insurers now, they should offer innovative products: Sanjeev Sanyal on GST exemption
Sanjeev Sanyal said there is no pressure on the next generation of entrepreneurs to innovate. "I certainly don't think there is a case for protecting entrepreneurs who feel that they can sit and run family offices from Dubai. Why should we be protecting that?," the EAC-PM member said.
BUSINESS
We can’t wish China away, despite all kinds of friction, says Sanjeev Sanyal
"We have to be pragmatic about this (the relationship with China). Now, that doesn't mean we rush to join Regional Comprehensive Economic Partnership (RCEP),” said Sanyal, adding that there will be many areas where we will collaborate, even as we compete with them.
BUSINESS
Do not want to create another ‘inspector raj’ to enforce GST cuts passthrough: Sanjeev Sanyal
The government has signalled to the industry that GST cuts should be passed through in retail prices, and it will have to be seen 'how that works out', Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister has said.
BUSINESS
Top bankers meet PMO officials, seek more discretion in CEO and board appointments
Some officials in the government are open to re-looking at the RBI’s regulatory authority on this matter, but more consultation and deliberation is needed on this matter.
INDIA
UIDAI chief on how Aadhaar is different from other IDs and why it's not proof of citizenship
In an interview to Moneycontrol, UIDAI Chief Bhuvnesh Kumar said that Aadhaar is not proof of citizenship and explained that anyone can apply for Aadhaar, including children and even foreign nationals, provided they have lived in India for at least 182 days.
BUSINESS
Andhra clears Rs 856-crore package for Syrma SGS to set up India’s largest printed circuit board plant
Syrma SGS will invest of Rs 1,595 crore and the plant will be built in partnership with Korea's Shinhyup Electronics
BUSINESS
Govt nudging private sector for capital spending to counter slowdown risks
"We’ve got some positive response. Hopefully, in some sectors, we would see private capex picking up soon" the person added.
BUSINESS
Centre considering ‘direct-income support’ for MSME workers impacted by Trump’s tariffs
The Centre has prepared a support package worth Rs 25,000 crore under the Export Promotion Mission, to provide affordable credit, improve market access and cushion from the adverse impact of tariffs.
INDIA
Trump’s tariffs not end of world, India has faced bigger crises, says Shyam Saran
President Trump is mercurial. Tomorrow he may decide he wants a deal on terms acceptable to us. Nothing is excluded, but everything is uncertain, says Shyam Saran
INDIA
MC Interview: Petroleum lobby fueling ethanol blending controversy, says Nitin Gadkari | Full transcript
In an exclusive conversation with Moneycontrol’s Shweta Punj, Union Minister Nitin Gadkari spoke about India’s rapid infrastructure expansion, the government’s reform push, the impact of global trade dynamics and the political challenges ahead.
