NEW DELHI : India may see around $30 billion shaved off its total exports in the current fiscal year, as threats to cargo vessels in the Red Sea lead to a surge in container shipping rates and prompt exporters to
India is experiencing a phenomenal economic growth momentum making it amongst the fastest-growing major economies in the world expected to grow at 6.3% as per the International Monetary Fund’s World Economic Outlook (2023) report.
NEW DELHI : CAIT National President B C Bhartia and Secretary General Praveen Khandelwal said that the offensive comments targeting Prime Minister Modi have been deemed unacceptable by the business community, and this call
GANDHINAGAR : Prime Minister Shri Narendra Modi will visit Gujarat from 8-10 January 2024. On 9th January, at around 9:30 AM, Prime Minister will arrive at Mahatma Mandir in Gandhinagar, where he will hold
CHENNAI : Former RBI Governor Mr. Raghuram Rajan on Sunday said that services are a big part of the growth story while suggesting people not treat them as ‘less valuable or less amenable’. He
AHMEDABAD : Gujarat Industries Minister Shri Balvantsinh Rajput has said that Gujarat boasts a remarkable 33% share in exports and contributes 18% to the total production of the country by holding top position in
NEW DELHI : India will become a $4 trillion economy before the upcoming general elections, Commerce & Industry Minister Shri Piyush Goyal said on January 3. “…And in 2-2.5 years, the country will become
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million
GANDHINAGAR : Gujarat state on Wednesday signed initial investment agreements worth Rs. 7.17 trillion ($86.07 billion) with 58 companies operating in sectors such as energy, oil and gas, and chemicals, its government said. The home
MUMBAI : Indian exporters may continue to witness a rise in shipping costs as normalcy eludes the Red Sea region and freight companies continue to avoid the Suez Canal, opting for the longer route