President of India Addresses Slovakia-India Business Forum

14 Apr 2025 CW Team

On the second day of her official visit to Slovakia (10 April 2025), President of India Smt Droupadi Murmu addressed the Slovakia-India Business Forum in Bratislava, emphasising the importance of expanding economic cooperation and inviting Slovak companies to participate in the ‘Make in India’ initiative.

In her address, the President noted that India and Slovakia share a long-standing friendship, with growing cooperation across diverse sectors. She encouraged both sides to broaden their trade basket, especially as India experiences a phase of profound transformation in technology, innovation, and sustainability.

President Murmu highlighted India’s advancements in renewable energy, digital technology, telecommunications, pharmaceuticals, biotechnology, space and fintech, stating that the nation is on course to becoming a $5 trillion economy, with global partnerships—including Slovakia—playing a key role in that journey.

She observed that Slovakia’s robust industrial base and strategic European position make it an ideal partner for India’s dynamic, large-scale consumer market and thriving start-up ecosystem. As a hub for automotive, defence, and high-tech industries, Slovakia could benefit immensely from greater engagement with India.

The President described the Forum as a vital platform for identifying synergies and building mutually beneficial partnerships. She expressed confidence that the deliberations would translate into enduring cooperation and concrete outcomes.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..