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Ivanka Trump unleashes charm offensive at GES 2017 in Hyderabad

Published

8 years ago

on

Ivanka Trump unleashes charm offensive at GES 2017 in Hyderabad

[vc_row][vc_column][vc_column_text]Advisor to her father, US President Donald Trump, Ivanka says Modi’s journey from a tea-seller to Prime Minister shows transformational change is possible

As she addressed the inaugural session of the Global Entrepreneurship Summit, 2017 in Hyderabad on Tuesday, Ivanka Trump – daughter and advisor of US President Donald Trump – unveiled a charm offensive for India in general and Prime Minister Narendra Modi in particular.

At a time when the Congress and BJP are embroiled in a bitter war of words over the former chiding Narendra Modi’s ‘chaiwala’ past, Ivanka began her address drawing on the same issue but in a manner that the Indian Prime Minister is not only likely to take pride in but also paraphrase to his advantage while campaigning for the upcoming Gujarat Assembly polls.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]Full of praise for Modi’s leadership of India – a country she described as a “beacon of democracy and a symbol of hope to the world” – Ivanka said of the Prime Minister: “From your childhood selling tea to your election as India’s Prime Minister, you’ve proven that transformational change is possible. And now you are bringing that promise to hundreds of millions of people across your country.”

This is Ivanka’s first major outing as head of a US delegation outside of her country, a fact that has reportedly not gone down well with the top brass of her father, US President Donald Trump’s administration, especially US Secretary of State Rex Tillerson. However, if her address at the GES 2017 is anything to go by, Ivanka Trump hasn’t let the machinations back home come in the way of her ambition of carving a global profile for herself.

Below are key excerpts from her address at the inaugural session of the three-day Global Entrepreneurship Summit, 2017 – the eighth version of which is being hosted by India in Hyderabad

On Prime Minister Narendra Modi

–          “Through your own enterprise, entrepreneurship, and hard work, the people of India have lifted more than 130 million citizens out of poverty – a remarkable improvement, and one I know will continue to grow under the leadership of Prime Minister Modi.”

–          I want to applaud Prime Minister Modi for his firm belief that “The progress of humanity is incomplete without the empowerment of women.”

On India hosting the GES, 2017

–          This is the first time India has hosted the Global Entrepreneurship Summit. It is a symbol of the strengthened friendship between our two peoples, and the growing economic and security partnership between our two nations. As President Trump said earlier this year: India has a true friend in the White House.

–          It’s wonderful to be in this ancient city brimming with transformative technology – now, your tech centers may even outshine your world-famous Biryani.

–          Today, we come together to celebrate what is happening here in India, what is happening in the United States – and all over the world: entrepreneurs are revolutionizing our economies, and improving our societies. You are rewriting the rules. You have the inspiration and drive to serve our communities through the projects you start and the businesses you build.

–          Each of you started with an idea. You’ve worked long days and nights to code the next robot, create the next app, find the next cure, and discover the next breakthrough to improve millions of lives.

On Women as Entrepreneurs

–          This year’s Summit is focused on a theme that is key to our future: WOMEN FIRST, PROSPERITY FOR ALL. I am proud that for the first time ever, women make up the majority of the 1500 entrepreneurs selected to attend. Only when women are empowered to thrive; will our families, our economies, and our societies reach their fullest potential.

–          As a former entrepreneur, employer, and executive in a male-dominated industry, I have seen firsthand that all too often, women must do more than their male counterparts to prove themselves at work, while also disproportionately caring for their families at home.

–          Globally, between 2014 and 2016, entrepreneurship activity among women increased by 10 percent. In the United States, within the last decade, the number of women-owned firms has grown by 45 percent. Even more promising, minority women have started nearly 8 in 10 new women-owned businesses. Today, more than 11 million women in the United States own businesses. They employ nearly 9 million workers, and generate over $1 trillion dollars in revenue.

–          Despite the soaring rate of female entrepreneurs, women still face steep obstacles to starting, owning, and growing their businesses… In developing countries, 70 percent of women-owned small and medium-sized businesses are denied access to capital. The result has been a nearly $300 billion dollar annual credit deficit for women entrepreneurs in the developing world.

–          In the United States, a Harvard Business Review report found that investors ask men questions about their potential for gains whereas they ask women questions about their potential for loss. This could in part explain why women entrepreneurs received less than 3 percent of venture capital funding in 2016. We are working to reverse this trend. The U.S. Small Business Administration, for example, increased its lending to women by over $500 million dollars this year alone.

–          This summer, at the G20 conference, the United States was a founding member of a bold, new initiative with the World Bank – the Women Entrepreneurs Finance Initiative, or WeFi… WeFi is the first facility to support women entrepreneurs at this scale, and we anticipate it will be able to leverage in excess of $1 billion dollars in public and private financing. This facility also seeks to address the legal and regulatory barriers that limit opportunities for women entrepreneurs.

–          When women work, it creates a unique multiplier effect.  Women are more likely than men to hire other women, and to give them access to capital, mentorship and networks. Women are also more likely to reinvest their income back in their families and communities.[/vc_column_text][/vc_column][/vc_row]

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Union Budget 2026 highlights: Nirmala Sitharaman Raises Capex to Rs 12.2 Lakh Cr, West Bengal Gets Major Allocation

Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026 in Parliament today. Follow this space for live updates, key announcements, and policy insights.

Published

5 days ago

on

February 1, 2026

By

Finance Minister Nirmala Sitharaman arrives to present Union Budget 2026

Finance Minister Nirmala Sitharaman will shortly present the Union Budget 2026 in the Lok Sabha, marking her ninth consecutive Budget. The annual financial statement is expected to outline the government’s policy priorities, reform agenda and spending plans for the coming year. Stay tuned for live updates, key announcements and immediate reactions as the Budget speech unfolds.

Finance Minister Nirmala Sitharaman tabled her ninth Union Budget today, beginning her speech at 11 am.

Nirmala Sitharaman is set to present her ninth Union Budget today, with the finance minister scheduled to begin her speech at 11 am.

Budget 2026 live updates: Presenting the Union Budget for 2026–27, Finance Minister Nirmala Sitharaman said the occasion coincided with Magh Purnima and the birth anniversary of Guru Ravidas. She noted that over the past 12 years, India’s economic journey has been defined by stability, fiscal discipline, sustained growth and moderate inflation.

The budgeted fiscal deficit for fiscal 2026 is estimated at 4.4 per cent of gross domestic product (GDP)

Planned capital expenditure this fiscal year Rs 11.2 lakh crore

Rare earth corrdiors in Odisha and Kerala

Hi-tech tool rooms to be set up by PSUs

Construction equipment scheme to be launched

Container manufacturing scheme for Rs 10,000 crore over 5 years

Rs 10,000 crore SME Growth Fund

Semi-conductor mission to get Rs 40,000 crore

Rs 12.2 lakh crores for infrastructure development

Dedicated RITES to repurpose land of Central PSUs

20 new waterways over next 5 years to be connected

7 high-speed corridors on rail

High-level committee on banking for next phase of Viksit Bharat

Capital expenditure hike of to ₹12.2 lakh crore in Budget 2026, with West Bengal receiving a significant share of allocations.

Mahatma Gandhi Gram Swaraj Initiative aimed at boosting the khadi, handloom, and handicrafts sectors.

High-speed rail corridors: Mumbai-Pune, Pune-Bengaluru, Hyderabad-Bengaluru, Chennai-Bengaluru, Delhi-Varanasi, Varanasi-Siliguri, Pune-Hyderabad

Five university campuses to be established near industrial corridors

Lakpati Didi program expanded in Budget 2026 to reach more beneficiaries across India.

Fiscal deficit for FY26 revised to 4.4%; Budget Estimate for FY27 set at 4.3%.

TCS on overseas tour packages cut to 2% to ease travel costs

Tax holiday to foreign companies that provide cloud services by setting up data centres in India till 2047

17 cancer drugs exempted from import duties

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India News

Union budget 2026 to be presented on Sunday with special trading session

The Union Budget 2026 will be presented on a Sunday for the first time in over two decades, with NSE and BSE announcing special trading sessions for the day.

Published

6 days ago

on

January 31, 2026

By

Nirmala Sitharaman

For the first time in more than two decades, the Union Budget will be presented on a Sunday. Finance Minister Nirmala Sitharaman is scheduled to table the Union Budget for 2026 in the Lok Sabha on February 1 at 11 am, even as the day is usually observed as a holiday for government offices and financial markets.

February 1 falls on a Sunday this year, raising questions about market operations and investor response. To ensure uninterrupted trading and immediate market reaction to budget announcements, stock exchanges have announced special arrangements for the day.

Markets to remain open on budget day

Both the National Stock Exchange and the Bombay Stock Exchange have confirmed that markets will remain open on February 1. The NSE has announced a special trading session, with the pre-open market scheduled from 9 am to 9:08 am, followed by normal trading hours from 9:15 am to 3:30 pm.

The BSE has also declared the day a special trading day, with regular market hours applicable. Trading is expected to continue across equity, derivatives, and futures and options segments.

What the Sunday budget means for investors

A weekend budget presentation is seen as offering certain advantages for market participants. With trading active on the same day, investors will be able to respond to policy announcements immediately rather than waiting for the next working day.

The Sunday timing also gives investors, analysts, and financial institutions additional time to go through detailed proposals, including tax changes, fiscal deficit targets, and sector-wise allocations. The extended window for analysis may help reduce sharp, headline-driven reactions and encourage more informed decision-making.

With fewer competing developments on a non-working day, budget announcements are also expected to receive more focused attention from markets and stakeholders.

Parliamentary schedule and key milestones

The Economic Survey is expected to be tabled on January 29, ahead of the budget presentation. The Budget Session of Parliament began on January 28 with the President’s address to a joint sitting of the Lok Sabha and Rajya Sabha.

The upcoming budget will mark Nirmala Sitharaman’s ninth consecutive Union Budget. It will also be India’s 80th budget since Independence. Since 2017, Union Budgets have been presented at 11 am on February 1, following a timing change introduced during the tenure of former finance minister Arun Jaitley.

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Modi says right time to invest in Indian shipping sector; meets global CEOs

Published

3 months ago

on

October 29, 2025

By

PM Narendra Modi

Prime Minister Narendra Modi on Wednesday exhorted global investors to take bets on the Indian shipping sector, pointing out that this is the “right time” for such a move.

The Prime Minister also met a select chief executives of global majors, including DP World and APM, at a specially convened meeting on the sidelines of the India Maritime Week 2025 held here.

“For all of you hailing from different countries, this is the right time to work in the Indian shipping sector and also expand (your presence),” Modi said during a public address before the closed-door meeting with CEOs.

Modi listed several targets being chased by India in the maritime sector over the next few years, and underlined the importance of the global community in the same.

“You all are an important partner who will help us achieve all our aims. We welcome your ideas, innovations and investments,” Modi said.

He said that India allows 100 per cent foreign direct investment in the shipping and ports sector, and also provides incentives under the “Make In India, and Make For The World” vision.

Addressing an audience, including leaders of various companies, the Prime Minister affirmed India’s commitment to strengthening the supply chain resilience at a global level.

He also said that India is engaged in creating world-class mega ports, and cited the work undertaken on the Vadhavan Port to the north of the financial capital, which entered the top-10 firms in the world on the first day.

The government is also looking to grow the capacity at 12 major ports by four times and increase India’s share in containerised cargo at the global level.

Later, Modi held a meeting with top CEOs of shipping sector companies from across the world.

As per people in the know, he met AP Moller-Maersk Chairman Robert Maersk Uggla, DP World Group Chairman Sultan Ahmed bin Sulayem, Mediterranean Shipping Company Chief Executive Soren Toft, Adani Ports and SEZ Managing Director Karan Adani and French company CMA-CGM’s Senior Vice President Ludovic Renou.

The participation from over 85 countries in the IMW sends a strong message, Modi said, noting the presence of CEOs of major shipping giants, startups, policymakers, and innovators at the event.

The Prime Minister also thanked Port of Singapore (PSA) for the nearly Rs 8,000 crore investment in the Jawaharlal Nehru Port Authority’s fourth terminal, pointing out that this is also the largest FDI in the port sector in India.

Modi said more than 150 new initiatives have been launched under the ‘Maritime India Vision’, resulting in nearly doubling the capacity of major ports, a substantial reduction in turnaround time, and a new momentum in cruise tourism.

—PTI

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