Lord Meghnad Desai, a prominent British Indian economist and intellectual, passed away at the age of 85, leaving behind a rich legacy that transcends both the academic and political realms. A long-time member of the London School of Economics, he was instrumental in shaping global economic thought and fostering ties between India and the UK.
During his UK visit, Union Minister Piyush Goyal highlighted India's advancements in digital infrastructure, innovation, and emerging technologies. He emphasized strengthening India-UK trade ties through the FTA and explored collaboration in fintech, sustainable finance, and SME-led growth with key UK leaders.
Indian-owned companies in the UK have surged to 1,197 in 2025, up 23% from last year, with revenues hitting £72.14 billion. The TMT sector leads, and Wipro tops growth rankings with a 448% revenue increase, the latest report shows.
The visit, previously postponed from a Republic Day tour in January, was to be the first major bilateral visit for Johnson outside Europe since the UK general election in December 2019.
