Business
Piyush Goyal rolls out red carpet for Swiss firms to invest in India (Ld)

New Delhi, June 10: Commerce and Industry Minister Piyush Goyal has invited Swiss companies to expand their footprint in India and take advantage of the country’s dynamic and rapidly growing market.
The minister held a meeting in Bern with the leadership from several premier Swiss companies across diverse sectors and urged them to see India as a strategic hub for manufacturing, talent, and innovation.
The discussions focussed on enhancing synergies between Indian and Swiss enterprises, with a special emphasis on innovation, technology transfer, and sustainable manufacturing, according to an official statement issued on Tuesday.
Goyal assured the business leaders of India’s unwavering commitment to fostering a conducive business environment through transparent regulatory processes, a robust Intellectual Property regime, and pro-investment policy frameworks.
Following these strategic discussions, the Minister chaired two focussed roundtables with sectoral leaders from the Swiss industry —covering biotech and pharma, healthcare, and precision engineering, Defence, and Emerging Technologies.
These sessions, hosted with the support of the Indian Embassy in Switzerland, highlighted India’s scale, affordability, and rising innovation ecosystem.
The Minister called on Swiss businesses to leverage the dedicated EFTA Desk at Invest India for handholding and facilitation support.
He reiterated India’s willingness to work towards regulatory harmonisation and mutual recognition agreements, highlighting India’s proactive stance on building reciprocal bridges to encourage Swiss and Indian investments.
In addition to industry interactions, the Minister also met with members of the Switzerland Chapter of the Institute of Chartered Accountants of India (ICAI).
He lauded the chapter for their contributions and for upholding the high standards and global reputation of the ICAI, while strengthening the India–Switzerland professional and business ecosystem.
Swiss industry leaders across a diverse range of sectors — including biotechnology, precision manufacturing, healthcare, automation, Defence, cybersecurity, and advanced materials — expressed strong confidence in India’s trajectory as a global economic powerhouse and an innovation-led growth destination, the statement said.
Companies commended India’s unique strengths: A vast and dynamic market, growing middle class, world-class engineering and scientific talent, and a policy environment that actively promotes ease of doing business, IP protection, and technology partnerships.
For many, India is not only a promising market but also an ideal base for manufacturing, R&D, and co-creation of globally competitive solutions.
Several firms indicated active interest in forming joint ventures, scaling operations, and localising production to serve both Indian and international markets.
From cutting-edge cancer therapies and cell sciences to industrial automation, fibre optics, space technologies, and digital security, Swiss companies underscored their alignment with India’s developmental priorities and sectoral growth plans.
The sentiment was one of strategic alignment and long-term commitment.
Many participants described India as a natural partner and conveyed readiness to invest in its next phase of growth, not only to tap into domestic demand but to position India as a hub in their global value chains, the statement added.
International
US on high alert over possible Israeli strike on Iran: Reports

Washington, June 12: The United States has reportedly gone on high alert amid growing concerns of a potential Israeli strike on Iran’s nuclear facilities, local media reported.
The Trump administration is fearing that Israel may act unilaterally without Washington’s consent if negotiations between the US and Iran collapse, according to the Washington Post.
President Donald Trump, addressing the situation on Wednesday, stated that US personnel are being moved out of certain Middle Eastern regions, particularly Iran, due to the escalating risk of conflict.
“They (US personnel) are being moved out because it could be a dangerous place, and we will see what happens… We have given notice to move out,” Trump told reporters.
The US State Department has also permitted some diplomatic staff to leave Iraq, while the Pentagon has authorised military families to voluntarily depart from American bases throughout the region.
This uptick in security measures comes as hopes for a nuclear agreement between Washington and Tehran continue to fade, raising the spectre of another military confrontation in the Middle East following the recent Israel-Hamas conflict.
Trump reiterated his uncompromising stance on Iran’s nuclear ambitions, asserting, “They can’t have a nuclear weapon. Very simple. They can’t have a nuclear weapon. We’re not going to allow that,” when asked whether diplomatic solutions were still possible.
Last month, Axios reported that Israel was preparing for a rapid strike on Iran if the US-Iran talks failed.
Trump has previously threatened military action against Iran should nuclear negotiations stall, and in an interview with the New York Post earlier on Wednesday, admitted he was becoming “less confident” that Tehran would agree to halt uranium enrichment, one of the key conditions demanded by the US.
Recent months have seen rising concerns among US intelligence officials that Tel Aviv might move ahead with a strike on Iran’s nuclear infrastructure without notifying Washington.
In response, Iran has warned that any Israeli strike, given the US’ role as Israel’s key military and political backer, would have direct consequences for the United States.
In a post on X on Thursday, the Iranian government declared, “We are Ready.”
Iranian Defence Minister Aziz Nasirzadeh issued a stern warning on Wednesday, stating that any attack on Iran would be met with retaliatory strikes on US bases stationed in the Middle East.
In anticipation of potential fallout, Washington has ordered US embassies located within Iran’s strike range — including those in the Middle East, Eastern Europe, and North Africa — to activate emergency action committees.
These missions have been instructed to report back on security measures to mitigate potential risks. The State Department has reportedly also authorised voluntary departures from missions in Bahrain and Kuwait.
This precautionary approach led Secretary of State Marco Rubio to update the global travel advisory on Wednesday, stating, “On June 11, the Department of State ordered the departure of non-emergency US government personnel due to heightened regional tensions.”
International
Scenes emerging of London-bound plane crashing in Ahmedabad devastating: British PM

London/New Delhi, June 12: Several global leaders, including British Prime Minister Keir Starmer, on Thursday expressed shock and grief after an Air India flight bound for London, carrying over 240 passengers crashed shortly after taking off from the Ahmedabad airport, triggering a massive emergency response. The incident occurred near the Meghaninagar area of the city.
“The scenes emerging of a London-bound plane carrying many British nationals crashing in the Indian city of Ahmedabad are devastating. I am being kept updated as the situation develops, and my thoughts are with the passengers and their families at this deeply distressing time,” Starmer posted on X.
At least 169 Indians and 53 British nationals were travelling in Air India’s flight AI171 from Ahmedabad to London’s Gatwick airport.
British Defence Secretary David Lammy also expressed grief at the devastating plane crash and offered condolences to those affected.
“Deeply saddened by news of a devastating plane crash in Ahmedabad, India. My thoughts are with all those affected. The UK is working with local authorities in India to urgently establish the facts and provide support,” Lammy posted on X.
British Conservative Party MP Priti Patel urged the UK government to work with the Indian authorities to support the affected British families.
“My thoughts and prayers are with everyone affected by the plane crash at Ahmedabad and with the emergency services at the scene. This will be a worrying time for the families of those on board. As further information comes forward, the Government needs to ensure it is working with Indian authorities to support British families affected,” said Patel.
Ukrainian President Volodymyr Zelensky also took to social media, offering his deepest condolences on the tragic accident.
“Horrible news of a passenger plane crash in India. My deepest condolences to Prime Minister Narendra Modi and the entire people of India on this tragic day. Our thoughts are with all victims’ relatives and close ones in India, the UK, Portugal, and Canada. We share your shock and grief on this tragic day. We all pray for as many lives to be saved as possible and wish a speedy recovery to those injured,” Zelensky posted on X.
Russia’s Ambassador to India, Denis Alipov termed the accident as a major catastrophe.
“Heartbreaking news is coming from Ahmedabad. My heartfelt sympathy to the families and near ones of the victims and to all Indian people and the Government of India over this tragic major catastrophe!”, he said.
National
Ruckus in Bengal Assembly as BJP MLAs protest over Maheshtala violence, Murshidabad riots

Kolkata, June 12: Pandemonium broke out in the West Bengal Assembly on Thursday after Speaker Biman Bandyopadhyay refused to admit two adjournment motions, moved by opposition BJP, seeking discussions on the communal violence in Murshidabad in April and the clashes in the Maheshtala area in South 24 Parganas district.
As the members of the BJP’s legislative team moved the two adjournment motions soon after the House began, the Speaker refused to admit them on the grounds that both matters were sub judice and hence could not be taken up for discussion.
The refusal irked the BJP legislators, who, led by LoP Suvendu Adhikari, started protesting in front of the Speaker’s chair after coming down to the well of the Assembly.
The security personnel of the Assembly raised a human wall between the Speaker’s chair and the protesting legislators.
The BJP legislators shouted slogans and waved flags. They also protested by tearing apart paper documents on the House proceedings distributed among the legislators.
As the West Bengal Minister of State for Finance (independent charge), Chandrima Bhattacharya protested against this action, there were heated conversations between the BJP and Trinamool Congress legislators within the House.
“These paper documents are not any personal property that they can be destroyed in such a manner,” Bhattacharya was heard saying.
The BJP legislators continued with their protests even as the Trinamool Congress MLAs continued with their speeches in the House as per schedule.
Adhikari is scheduled to meet Governor C.V. Ananda Bose on the issue of Maheshtala violence
The BJP leader has sought the intervention of the Governor in initiating disciplinary action against the inspector-in-charge of the local Rabindra Nagar police station for allegedly remaining inactive in preventing clashes.
Earlier in the day, he approached the Calcutta High Court seeking a National Investigation Agency (NIA) probe into the Maheshtala clashes and deployment of Central Armed Police Forces (CAPF) personnel in the area where clashes broke out on Wednesday
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra8 months ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra8 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra9 months ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News8 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Crime8 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
-
Maharashtra7 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News9 months ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface