Art, dance and cuisine: Second ‘India in Bahrain Festival’ draws record crowd
The second edition of the “India in Bahrain Festival” drew more than 2,000 visitors to Dana Mall in Sanabis, showcasing India’s cultural diversity through performances, art, and cuisine. The event, organized by the Indian Embassy in collaboration with Lulu Hypermarket Bahrain and Dana Mall, took place on February 21.
Indian Ambassador to Bahrain, Vinod K. Jacob, inaugurated the festival, which featured performances by 17 Indian community associations presenting classical and folk traditions from various regions of India. The event, part of the Ministry of External Affairs’ Promotion of Cultural Ties with Diaspora (PCTD) initiative, also included an art exhibition titled ‘India Through My Eyes,’ featuring 42 paintings by 20 artists.
Visitors explored stalls run by over 20 Indian community associations, offering traditional handicrafts and authentic cuisine. The Embassy provided additional support through a dedicated consular services counter.
The festival’s success underscores the Embassy’s ongoing efforts to strengthen cultural bonds between India and its diaspora community in Bahrain, while promoting cultural exchange between the two nations.
Indian tech industry to hit $300 billion revenue in FY26, workforce to reach 5.8 million in FY25
The Indian technology industry is projected to achieve $300 billion in revenue by the financial year 2026, according to a report by Nasscom. For the current fiscal year (FY25), the sector is expected to add approximately 126,000 net new employees, bringing the total workforce to 5.8 million.
Amid evolving global economic conditions and shifting market dynamics, FY25 has been a year of strategic resilience. Segments such as engineering research and development (ER&D) and global capability centers (GCCs) have been key growth drivers for India’s technology sector.
The Annual Strategic Review 2025 by Nasscom highlighted that the industry grew by 5.1% during FY25, adding $13.8 billion in incremental revenue. This increase has taken the sector’s total revenue, including hardware, to over $282.6 billion.
Indian Navy hands over INS Guldar to MTDC for underwater museum
In a landmark initiative, the Indian Navy has handed over the decommissioned Landing Ship Tank INS Guldar to the Maharashtra Tourism Development Corporation (MTDC) for conversion into India’s first underwater museum and artificial reef.
The conversion process will involve a thorough cleaning of the ship to remove any potential pollutants or hazardous materials, ensuring environmental clearances as per guidelines.
The project to convert the ship into an underwater museum and artificial reef holds significant potential for showcasing marine conservation, creating livelihood opportunities for coastal communities, and elevating India’s stature in underwater tourism.
RBI launches Financial Literacy Week 2025 to focus on Women’s Prosperity
The 2025 Financial Literacy Week was initiated by the Reserve Bank of India, an annual initiative aimed at promoting financial awareness among the people. This year, the campaign runs from February 24 to 28, under the theme “Financial Literacy—Women’s Prosperity.”.
In Arunachal Pradesh, the campaign was launched by Abhishek Mazumdar, General Manager, RBI Regional Office Itanagar, in a function held at DK Convention Centre in Itanagar today. Speaking on the occasion, Mr. Mazumdar said that the theme this year emphasizes empowering women financially and socially.
He asked the bankers to reach out to the customers and encourage them to use all the digital financial and banking apps provided by the government and the banks. He also asked them to create awareness about the risks and precautions while using these platforms.
India to transform into high-income country with GDP of $23–$35 trillion by 2047
India is set to transform into a high-income country with a projected GDP of $23–$35 trillion by 2047, driven by sustained annual growth of 8-10 percent, according to a report on Thursday.
This will be powered by India’s demographic dividend, technological innovation, and sectoral transformation, according to the report by Bain & Company and Nasscom.
With nearly 200 million individuals expected to enter the workforce in the coming decades, India has a unique opportunity to drive high-value job creation and unlock significant economic potential.
Five key sectors, including electronics, energy, chemicals, automotive, and services, would act as strategic growth levers due to alignment with global trends and scalability, with the potential to address India’s unique challenges and advantages.
Rising income, a growing pool of skilled workers, and continuous improvements in infrastructure are some of the key factors that can fuel this growth, said the report.
India, Sri Lanka Finalize Plan to Train 1,500 Civil Service Officers Under MoU
India’s National Centre for Good Governance (NCGG) and Sri Lanka’s Institute of Development Administration (SLIDA) have finalised the modalities for the implementation of their Memorandum of Understanding (MoU) to train 1,500 Sri Lankan civil service officers over five years.
An NCGG delegation, led by Director General Dr. Surendrakumar Bagde, visited Sri Lanka to firm up modalities. The delegation met key officials, including Prime Minister Dr. Harini Amarasuriya and Public Administration Minister Dr. A.H.M.H. Abayarathna.
Discussions at SLIDA resulted in an agreement to conduct around eight training modules annually. The MoU was signed between the two countries during the visit of President Anura Kumara Dissanayake to New Delhi in December 2024.
The first training module for 40 Sri Lankan officers will be held soon. Notably, even before the MoU’s signing, over 200 Sri Lankan officers had already undergone training at NCGG.
9th Asia Economic Dialogue to Begin Tomorrow in Pune
The 9th Asia Economic Dialogue is being organised from tomorrow in Pune, Maharashtra. The Asia Economic Dialogue is External Affairs Ministry’s annual flagship ‘Track 1.5 Dialogue’ on Geoeconomics. The three-day Dialogue is being co-hosted in collaboration with Pune International Centre. The theme of the Dialogue is “Economic Resilience and Resurgence in an Era of Fragmentation.” The Dialogue will explore key contemporary topics in geo-economics, including Artificial Intelligence (AI) and automation, economic imperatives of Cyber Security, and facets of Blue Economy in Indian Ocean Region and beyond. It also aims to address the complexities of economic fragmentation and identify actionable pathways for resilience and resurgence. Asia Economic Dialogue 2025 will bring together political leaders and senior government officials, academicians, policymakers, and industry experts from India and abroad for deliberations.
India and Saudi Arabia forge New Media Partnership as Waves 2025 Summit approaches
A high-level Indian delegation has concluded a landmark series of strategic meetings in Saudi Arabia, strengthening bilateral media partnerships and generating momentum for India’s upcoming World Audio-Visual & Entertainment Summit (WAVES 2025).
Led by Information and Broadcasting Secretary Sanjay Jaju and Prasar Bharati CEO Gaurav Dwivedi, the delegation met with key Saudi media leaders during the “Future of Media” Exhibition (FOMEX) in Riyadh. During their visit, the team toured exhibition booths of global media organizations including MBC Group, Ekagami, Sony, and AIBD at FOMEX, exploring potential international partnerships.
Other engagements included discussions with Jomana R. Alrashid, CEO of Saudi Research and Media Group (SRMG), and Assistant Minister of Media Abdullah bin Ahmed Al-Maghlouth, focusing on expanding bilateral media cooperation.
STPI Launches New IT Incubaton Facility in Kolkata
The Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology (MeitY), Government of India, has inaugurated a state-of-the-art incubation facility at Salt Lake, Kolkata. The facility was inaugurated by Shri Jitin Prasada, Hon’ble Minister of State for Commerce & Industry and Electronics and Information Technology, Government of India. This initiative aims to foster innovation-led entrepreneurship, boost IT exports, and strengthen the IT/ITeS/ESDM industry in West Bengal.
Speaking on the occasion, Shri. Jitin Prasada, said, “India is on a transformative journey to become the global hub of technology and innovation. The inauguration of the new STPI incubation facility in Kolkata is a testament to our unwavering commitment to fostering innovation, nurturing startups and promoting inclusive growth across regions. STPI has been instrumental in creating a robust tech ecosystem by providing state-of-the-art infrastructure, incubation support, and a platform for budding entrepreneurs to thrive. As we stride forward in the era of Artificial Intelligence and data-driven innovation, India is focused on developing its own AI models and GPUs, ensuring equitable access for researchers, students and startups. With vast data resources and the government’s commitment to expanding technology access beyond metropolitan cities, we are bridging the digital divide and unlocking opportunities in Tier-2 and Tier-3 cities. Together, let us build a future where India leads the world in technology and empowers every citizen in the journey towards a digitally advanced nation.”
Amit Shah to chair 27th Western Zonal Council meeting in Pune
Union Home Minister and Minister of Cooperation Amit Shah will chair the 27th meeting of the Western Zonal Council on Saturday, in Pune, Maharashtra. The Western Zonal Council includes Gujarat, Goa, Maharashtra, and the Union Territories of Dadra and Nagar Haveli and Daman & Diu. The meeting is hosted by the Government of Maharashtra and organized by the Inter-State Council Secretariat under the Ministry of Home Affairs, in collaboration with the state government.
Established in 1957 under the States Reorganization Act of 1956, the five Zonal Councils aim to promote cooperation between the Centre and States. The Union Home Minister chairs each council, while the Chief Ministers of the respective states serve as vice-chairmen on a rotational basis. Each council also includes two ministers from each state, nominated by the Governor, and has a Standing Committee at the level of Chief Secretaries.