FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted
Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to
Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The first (attack) targeted the American ship
A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group
India records Trade Deficit with 9 out of 10 Trade Partners in FY24
NEW DELHI : India recorded a trade deficit with nine of its top ten trading partners during the 2023-24 fiscal year, according to official data released today. The deficit increased significantly with major economies
India’s use of crude tankers to export diesel slows in May
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month, trade
30% rise in two-wheeler exports in H1
NEW DELHI : The two-wheelers export is witnessing a year-on-year upward in H1 with 3,20,877 units exported in April. According to the Society of Indian Automobile Manufacturers (SIAM) data, the total two-wheeler exports reported
Cyclone Remal : Syama Prasad Mookerjee Port, Kolkata announced suspension of operations amid cyclone alert
KOLKATA : The Syama Prasad Mookerjee Port in Kolkata has suspended all cargo and container handling operations for 12 hours from Sunday evening in view of the forecast of a cyclonic storm, officials said.