Commerce and industry minister Piyush Goyal said that there is significant traction in the idea to connect India and Europe through the Middle East through the India-Middle East- Europe corridor and that both countries are expanding partnership new areas such as the startup bridge and the Bharat Bazar which DP World is developing in the […]
India-UAE start Rupee-Dirham direct trade: Piyush Goyal
A key demand of the handset industry from Budget FY25 is zero tariffs on all lines that significantly increase costs, converging them with Vietnam and China to ensure competitiveness, scale and export-led growth.
India discussed early launch of UPI payment system with Sri Lanka and supports its debt restructuring process. In October, Modi announced that the governments of both India and Sri Lanka are working together on fintech sector connectivity by linking the Unified Payments Interface (UPI) and Lanka Pay.
India and the UK launched the talks for an FTA in January 2022 with a view to boost economic ties between the two nations. There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights.
Indian Oil Corp and Bharat Petroleum Corp are considering lifting an additional 1 million barrels of oil each from Saudi Aramco in February. The move comes after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months. The Indian Oil Corp is also seeking more […]
India- famous as a tea producer – is also the world’s eighth-largest coffee grower, mainly churning out the robusta beans used to make instant coffee. It also produces some of the more expensive arabica variety.
India’s total imports and exports between January and November 2023 declined 8% and 5%, respectively, from a year earlier. December data has not been released.
Officials said the present perception-based methodology captures India’s reforms such as Logistics Data Bank and Unified Logistics Interface Platform in a limited manner and that information on sample size and sub-indices is not available in the public domain.
An investment of Rs 45,000 crore for the development of river cruise tourism in the country has been promised by the Inland Waterways Development Council (IWDC). The centre aims to develop 26 more waterways which will be fit for River Cruise tourism. Present operational strength is of eight waterways. The number of cruise circuits with […]
Praising India’s diverse food industry and the burgeoning demand for Indian foods globally, the minister emphasised on the need for large-scale food processing, product branding and export focus to provide better value to farmers, generate employment and enhance the country’s earnings.