The global logistics giant is controlling spending and investment in its global business, which has been affected by geopolitical conflicts, economic downturns in the West and rising interest rates. Meyer spoke to ET at the opening of DHL’s central Asia hub in Hong Kong.
DHL will stick to its €500 million investment plan in India, says CEO Tobias Meyer
Goyal, who is currently on a four-day visit to the US to attend the Indo-Pacific Economic Framework (IPEF) Ministerial Meeting and the Asia-Pacific Economic Cooperation (APEC) Summit, was, however, unable to meet Tesla chief Elon Musk during his visit to the plant.
For the UK, the simple fact is that, outside the European Union, it is no longer an economy of such size and potential that it can expect massive concessions. Brexiteers might have promised that a liberated Britain could negotiate without one hand tied behind its back by Brussels.
“We are focusing on what is officially called an enhanced trade partnership. In common sense, it’s called FTA and that is today very much the focus of what the Indian and British systems are negotiating and where we hope that we will find a landing point which will work for both of us,” Jaishankar said […]
Issues which need resolution include rules of origin; intellectual property rights (IPRs); social security agreement; duty concessions on electric vehicles, scotch whiskey, lamb meat, chocolates and certain confectionary items; liberalisation of norms in services sectors like banking and insurance.
At a special Diwali Reception organised by the High Commission of India at Westminster Central Hall near the Houses of Parliament here on Monday evening, Jaishankar addressed a large diaspora gathering during which he described the bilateral relationship with the UK as a “positive force” for the world.
India’s leading gas firm, GAIL, has conducted the world’s first ship-to-ship liquefied natural gas (LNG) transfer to reduce shipping costs and cut emissions. GAIL, which has contracted 5.8 million tonnes per annum of LNG from the US, implemented an innovative contractual arrangement to optimize vessel paths, resulting in a significant reduction in CO2 emissions.
A second Chinese vessel carrying a ship-to-shore crane for the Vizhinjam international deep-sea facility in Kerala has docked at the port. The ship, Zhen Hua 29, received clearance from the Ministry of Home Affairs (MHA) to berth, arriving on November 9.
FinMin asks ministries/departments to follow guidelines on issuance of mobiles, laptops to officers
2 years ago
The finance ministry has directed various departments to follow guidelines for issuing mobiles, laptops, and similar devices to eligible officers of the Government of India for official work. The Department of Expenditure issued guidelines in July, allowing central government officers to receive devices costing up to Rs 1.3 lakh, which can be retained for personal […]
Pilot launch of upgraded electronic bank realisation certificate system for exporters from Nov 15
2 years ago
The commerce ministry plans to soft-launch the revamped electronic Bank Realisation Certificate (eBRC) on November 15. The eBRC is an essential document for exporters, confirming that they have received payment from a foreign buyer. The upgraded system will rely on electronic inward remittance messages transmitted directly by banks to the Directorate General of Foreign Trade […]