Author: Malavika Subramanyan

American Eagle Outfitters has announced the appointment of Ravi Thanawala as its new Executive Vice President and Chief Financial Officer. He will officially assume the position on Aug. 3, 2026, succeeding longtime finance leader Mike Mathias, who is moving into a strategic advisory role after more than two decades with the retailer. Mathias, who has served as the company’s Chief Financial Officer since 2020, will remain involved through the rest of fiscal 2026 to support a smooth leadership transition. In his new capacity as a full-time non-executive strategic advisor, he will work closely with Thanawala to ensure continuity across the…

India and Japan have reinforced their Special Strategic and Global Partnership by announcing a wide-ranging set of agreements focused on defense, artificial intelligence, economic security, healthcare, clean energy, and emerging technologies. The initiatives were unveiled during the 16th India-Japan Annual Summit in New Delhi, where Prime Minister Narendra Modi welcomed Japanese Prime Minister Sanae Takaichi on her first official visit to India. During a joint press briefing, Modi described Japan as one of India’s most reliable partners, emphasizing that decades of mutual trust have laid the foundation for a stronger future. He noted that the latest agreements represent the beginning…

U.S. Ambassador to India Sergio Gor has commended JSW Steel’s investment of more than $500 million in the United States, describing it as a strong example of the growing economic partnership between India and the U.S. He said the company’s continued investments are contributing to American manufacturing, supporting economic development, and generating employment opportunities across the country. Gor shared his appreciation while responding to a social media post by Parth Jindal, Managing Director of Jindal Cements and Jindal Paints. Calling the investment a model of successful bilateral cooperation, the ambassador said it reflects the strength of the expanding trade relationship…

Defence Minister Rajnath Singh has emphasized that India’s future position in the global order will be shaped by its ability to strengthen self-reliance, expand technological capability, and ensure robust national security. Speaking at the valedictory session of the Vibrant Gujarat Regional Conference (VGRC) in Vadodara, he said these three pillars are becoming increasingly critical in a rapidly evolving geopolitical environment. Singh noted that India’s long-term vision of becoming a developed nation by 2047 goes far beyond economic expansion. He explained that the goal includes building a country that is not only economically strong but also technologically advanced and socially empowered,…

India and Kenya have reviewed the implementation of the USD 15 million Line of Credit (LoC) extended by the Government of India to support small and medium enterprises (SMEs) in Kenya, reaffirming their commitment to strengthening bilateral economic cooperation. Indian High Commissioner to Kenya Adarsh Swaika met with Kenya Development Corporation (KDC) Director General Norah Ratemo and senior officials in Nairobi to assess the progress of the concessional credit facility. The discussions focused on accelerating project implementation and ensuring that the funding reaches eligible Kenyan businesses seeking to procure machinery and equipment from India. The Line of Credit has already…

India and Austria have reaffirmed their commitment to strengthening bilateral defence and security cooperation following high-level discussions held in Vienna. Indian Ambassador to Austria Shambhu S. Kumaran met Austrian Ministry of Defence Secretary General Dr. Arnold Kammel to review progress and identify new avenues for collaboration in strategic and security matters. The discussions focused on implementing the Letter of Intent on Cooperation in Military Matters, signed during the Austrian Chancellor’s visit to India in April 2026. The agreement provides an institutional framework to enhance military cooperation, defence industrial collaboration, technology partnerships, policy dialogue, training, and capacity building between the two…

The Indian Navy is set to participate in the 250th anniversary celebrations of the United States through the arrival of its sail training vessel, INS Sudarshini, at the Port of Baltimore in Maryland. The ship’s visit forms part of its ongoing transoceanic mission known as Lokayan 26, which focuses on strengthening international maritime engagement and showcasing India’s naval traditions on a global stage. INS Sudarshini reached Baltimore on June 26, where it will remain engaged in a series of ceremonial and outreach activities linked to the Sail250 Maryland celebrations. The event marks a major milestone in American history, and the…

Commerce and Industry Minister Piyush Goyal has been honoured with a special recognition award in London for his significant role in strengthening diplomatic and economic relations between India and the United Kingdom. The award was presented at the Annual UK-India Awards 2026, where global leaders, policymakers, and business representatives gathered to celebrate contributions toward enhancing bilateral cooperation. Speaking at the event attended by over 300 delegates, Goyal highlighted that the India-UK partnership is entering a promising phase with vast untapped potential. He emphasized that the strongest phase of collaboration between the two nations is still ahead, driven by expanding opportunities…

The Ministry of Civil Aviation, in partnership with Delhi International Airport Limited (DIAL), has launched AIR SUVIDHA 2.0, an upgraded digital platform designed to modernize health screening for international passengers entering India. The contactless system aims to reinforce public health surveillance at airports across the country, especially amid growing global concern over an Ebola-related outbreak. The initiative has been developed in coordination with the Directorate General of Health Services under the Ministry of Health and Family Welfare. It follows the World Health Organization’s declaration of the Ebola/Bundibugyo virus disease outbreak in parts of Africa as a Public Health Emergency of…

Trade negotiations between India and the United States have entered a critical phase, with senior US officials expressing confidence that a landmark agreement between the two countries is nearing completion. According to US Deputy Assistant Secretary for South and Central Asian Affairs Bethany Poulos Morrison, both governments are making rapid progress toward finalizing what she described as a historic trade pact. Her remarks came as a delegation headed by US Trade Representative Jamieson Greer concluded meetings with Indian negotiators in New Delhi. Discussions focused on an interim arrangement and the broader Bilateral Trade Agreement framework initiated by President Donald Trump…