Commerce and Industry Minister Piyush Goyal will visit Saudi Arabia to discuss ways to enhance trade and investments between the two countries. He will attend the Future Investment Initiative (FII) in Riyadh and meet Saudi Arabian dignitaries, including Energy Minister Prince Abdul Aziz Bin Salman Al-Saud and Commerce Minister Majid bin Abdullah AlKassabi.
Goyal to meet ministers, businesses in Riyadh this week to discuss trade, investment
“Currently, NCEL is operating from a temporary office. We are recruiting staff. So far, we (NCEL) have received orders worth Rs 7,000 crore,” he said. Shah, who launched the new logo and website of NCEL, said the cooperative will ensure that benefits of exports reach member farmers of cooperatives and will share with them about […]
British rice millers such as Tilda and Veetee Rice have thrived for decades by importing low-tariff unmilled brown rice from the likes of India and Pakistan and “polishing” the grains into the white product loved by UK consumers. But with India pressing for tariffs on white rice to be slashed, and little feedback from British […]
US emerges as India’s biggest trading partner during April-September this fiscal; China at second
3 years ago
Exports to the US have come down to USD 38.28 bn during April-September 2023 from USD 41.49 bn a year ago. Imports also declined to USD 21.39 bn during the first six months of the current fiscal compared to USD 25.79 bn in the same period last year.
Locus, a last mile logistics company, is expanding its operations in India, Southeast Asia, the Middle East, and North America. The company provides routing, packing, and scheduling algorithms to help e-commerce and delivery companies reduce logistical costs and carbon footprints. Locus’ clientele includes major industry players such as Unilever, Nestle, Tata Group, and BlueDart. The […]
European Union member states are pushing for a free trade agreement with India, but only if it provides real access to India’s markets, according to Spanish Deputy Trade Minister Xiana Mendez. The EU wants greater access to Indian markets for its cars, alcoholic drinks, and agri-food products, while India is seeking easier visa access to […]
The diplomatic tensions between India and Canada have escalated, with Canada removing 41 diplomats and their dependents from India. This move comes after India called for a reduction in the number of Canadian diplomats in the country. The removal of Canadian diplomats dims hopes for a thaw in diplomatic ties between the two nations. While […]
India has no plans to impose restrictions on imports or investments from Canada, despite the deteriorating diplomatic relations between the two countries. The tensions arose after Canadian Prime Minister Justin Trudeau linked Indian agents to the shooting of a Sikh separatist leader. However, Indian officials have stated that the political uproar will not affect trade […]
Investments to the tune of Rs 10 lakh crore were anchored during the three-day Global Maritime India Summit, 2023, which concluded on Thursday.
Finance Minister Nirmala Sitharaman has advocated for the establishment of a locally owned Protection and Indemnity Insurance (P&I) entity in India. She believes that such an entity would reduce the country’s vulnerability to international pressures and provide greater strategic flexibility in shipping operations. The Insurance Regulatory and Development Authority of India (IRDAI) is also keen […]