Prime Minister Narendra Modi on Tuesday said that this is the right time for businesses to come to India as the country works towards the goal of becoming ‘Viksit Bharat’ by 2047 while providing a robust business-friendly environment and policy continuity.

Addressing the 14th India-France CEO Forum here, PM Modi said this meeting is a confluence of the best business minds from India and France.

“I see that all of you are working with the mantra of innovate, collaborate and integrate. You are not just building connections, you are also strengthening the India-France strategic partnership,” said PM Modi.

Earlier, French President Emmanuel Macron greeted PM Modi at the India-France CEO Forum.

“It is a matter of great pleasure for me to join this Summit with President Macron. This is our sixth meeting in the last two years. Last year, President Macron was the Chief Guest on our Republic Day. This morning, we co-chaired the AI Action Summit together. I heartily congratulate President Macron on this successful Summit,” said the Prime Minister.

PM Modi also highlighted India’s achievements in AI, space technology and the ‘Make in India’ programme at the event.

“We are working with the target of 100 GW nuclear power by 2047. This sector has also been opened for the private sector,” according to the Prime Minister.

The Prime Minister further stated that today, India is rapidly becoming a preferred global investment destination.

“You are aware of the transformative changes that have taken place in India in the last decade. We have established an ecosystem of stable and predictable policy. Following the path of reform, perform and transform, India is the fifth-largest economy in the world. The world’s fastest-growing major economy is soon going to become the third-largest economy in the world,” said PM Modi.

“Our identity on the global stage is that today, India is rapidly becoming a preferred global investment destination. We have launched the Semiconductor and Quantum Missions and are encouraging ‘Make in India’ and ‘Make for the World’ in the defence sector too,” PM Modi told the gathering.

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Jasprit Bumrah has been ruled out of India’s squad for the Champions Trophy 2025, BCCI confirmed late on Tuesday night. After a long wait over his fitness status, post suffering a back injury, India’s pace spearhead has been finally confirmed to miss the tournament. The 23-year-old pacer Harshit Rana was named as Bumrah’s replacement in the final 15-man squad. In another selection twist, young opener Yashasvi Jaiswal was also left out of the final squad, with 33-year-old mystery spinner Varun Chakaravarthy being named in his place.

“Fast bowler Jasprit Bumrah has been ruled out of the 2025 ICC Champions Trophy due to a lower back injury. The Men’s Selection Committee has named Harshit Rana as Bumrah’s replacement. Team India have also named Varun Chakaravarthy in the squad. The spinner will replace Yashasvi Jaiswal who was initially named in the provisional squad,” the BCCI said in a release.

Having suffered a back injury during the Border-Gavaskar Trophy, Bumrah had been advised five weeks of rest as confirmed by chief selector Ajit Agarkar. However, the 31-year-old seamer has not been able to recover in time.

Pacer Harshit Rana was handed his ODI debut during the series against England, where he has picked up four wickets in two games.

Yashasvi Jaiswal out, Varun Chakaravarthy in

The other big change to India’s roster comes in the form of opener Yashasvi Jaiswal being dropped from the final squad, with mystery spinner Varun Chakaravarthy taking his spot.

Both Jaiswal and Chakaravarthy had been handed their ODI debuts during the series against England.

Chakaravarthy forced his way into contention after imperious form during the T20I series against England, where he picked up 14 wickets in five games, being named the ‘Player of the Series’.

Jaiswal was India’s top run-scorer across all formats in 2024, but has only played one ODI to date, with most of his runs coming in Test cricket.

Non-travelling substitutes

Team India have named three non-travelling substitutes, in case of injury, in the form of Jaiswal, pacer Mohammed Siraj and all-rounder Shivam Dube.

India’s squad for ICC Champions Trophy, 2025: Rohit Sharma (Captain), Shubman Gill (Vice-captain), Virat Kohli, Shreyas Iyer, KL Rahul (WK), Rishabh Pant (WK), Hardik Pandya, Axar Patel, Washington Sundar, Kuldeep Yadav, Harshit Rana, Mohd. Shami, Arshdeep Singh, Ravindra Jadeja, Varun Chakaravarthy.

Non Travelling substitutes: Yashasvi Jaiswal, Mohammed Siraj and Shivam Dube. The three players will travel to Dubai as and when required.

The Central Bureau of Investigation has filed a case of fraud, forgery and criminal conspiracy against former Indian Coast Guard Director General K Natarajan.

According to the First Information Report, on June 7, 2021, then Coast Guard IG Rakesh Pal had handed a complaint to the Defence Secretary.

In it, he alleged that scores of his 2019 Annual Confidential Report were deliberately reduced, due to which he could not get promoted to Additional Director General.

In its FIR, the CBI has alleged that the ACR of many officers and the Non-Initiation Certificate (NIC) of some officers were found missing.
The investigating agency says the NIC certificates, transfers and postings do not match the profile of the concerned officer.

The CBI also said that the NIC certificates were submitted three or four years after the reporting deadline, which is not as per rules. The agency is investigating the matter in detail.

What are ACR and NIC?

ACR (Annual Confidential Report): It is prepared to evaluate the efficiency and promotion of government officials.

NIC (Non-Initiation Certificate) certifies the ACR of an officer has not been written within a particular time limit.

Further investigation is going on in this matter and the CBI may soon question the concerned officials.