A small traders union sues Indian govt for loss of business due to payment deadlines
NEW DELHI : In what may turn into a showdown between traders and the government, the Traders’ Union— Federation of All India Vyapar Mandal—filed a petition with the Supreme Court earlier this week against
Elon Musk’s Tesla initiates formal dialogue with Govt on new EV policy
NEW DELHI : In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines
AD Ports Group signs strategic agreement with with ADNOC Distribution for marine lubricants supply
ABU DHABI : AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The
Tesla’s entry will boost India’s appeal as a global manufacturing hub : FM Nirmala Sitharaman
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has reiterated Govt’s priority to make India a global manufacturing hub and invite manufacturers and entrepreneurs to make in India. In an exclusive interaction with CNBC-Awaaz,
Israel and Iran tensions could impact India’s trade
NEW DELHI : Iran’s attack on Israel earlier this week has sparked tensions in the Middle East and beyond. India, which has friendly ties with both the countries, has expressed “serious concerns” about escalation of hostilities.
India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from China rose 3.29% to $101.75 billion
Elon Musk intends to establish the full Tesla Ecosystem in India : Piyush Goyal
NEW DELHI : Elon Musk has unrelenting ambition as he sets his sights on India, a country full of opportunities for his creative endeavors. According to Shri Piyush Goyal the Minister of Commerce and Industry, Musk is preparing
India’s overall exports (merchandise + services) estimated to surpass last year’s highest record, hit 12-month high of $41.68 billion in March
NEW DELHI : India’s overall exports (Merchandise and Services combined) in March 2024* is estimated to be USD 70.21 Billion, exhibiting a negative growth of (-) 3.01 per cent over March 2023. Overall imports