India has strongly objected to efforts of certain countries to push a proposal on investment facilitation at the WTO, saying the agenda falls outside the mandate of the global trade body and cannot be deliberated in formal meetings. According to the statement of the Indian delegation in a meeting of the General Council of the […]
India strongly objects to pushing talks on investment facilitation at WTO
While the margin profile may vary widely across players operating in different segments, CRISIL said the average operating margin may continue to moderate to 33-35 per cent in the next fiscal driven mainly by the correction in charter rates.
DB Schenker India signs pact with CONCOR
2 years ago
The two organisations will provide a bouquet of services to customers, helping them further improve ‘ease of doing business,’ Sanjay Swarup, chairman and managing director of CONCOR, said.
Moreover, overall exports face a shortfall of about $4-5 billion this year after India curbed exports of wheat, rice and sugar amid rising prices though the growth in exports of other farm commodities will offset the export deficit.
India’s exports are displaying increased resilience to shifts in global demand and relative prices, according to the Chief Economic Adviser’s office. In a collection of essays released, it highlighted a growing trend in the export of high-value goods and a rise in participation in the manufacturing global value chain (GVC).
India might face a $4 to $5 billion drop in exports due to restrictions on wheat, rice, and sugar trade, aiming to control local prices. Attacks in the Red Sea might affect basmati rice shipments. To cope, India could use an African route, but ongoing attacks might raise rice prices by 15% to 20%
The Apparel Export Promotion Council (AEPC) has announced that a free trade agreement with Oman, known as the Comprehensive Economic Partnership Agreement (CEPA), will boost apparel exports in the Gulf nation. The agreement, which is currently being negotiated, is expected to significantly boost bilateral trade between the two countries.
As per the share purchase agreement concluded Wednesday Mahindra Logistics will transfer 39.79% stake in TLPL to Amarnath Kalale, a promoter in the company, for a consideration of Rs 1,32,176.
India has requested G7 countries to postpone the ban on Russian diamonds, citing unclear rules on tracing gem origins. As home to 90% of the world’s diamond cutting and polishing industry, India’s cooperation is crucial. G7 announced a ban on Russian diamonds starting January 1, with phased-in restrictions on indirect imports from around March 1
According to Kulaste, Coal India Limited (CIL) has planned to increase raw coking coal production from existing mines by up to 26 million tonnes (MT) and identified ten new mines with Peak Rated Capacity (PRC) of about 22 MT by financial year 2024-25. CIL has also offered eight discontinued mines under a revenue sharing model […]