Apparel and textile production witness steep declines following drop in export orders
NEW DELHI : India’s garment manufacturing industry has experienced a significant decline in recent months, with a staggering 22.6% drop between April and August 2023 compared to the same period last year. This decline
German business activity slump suggests recession ‘well underway’ -PMI
BERLIN : Business activity in Germany contracted for a fourth straight month in October as manufacturing’s downturn was matched by a renewed decline in services, a preliminary survey showed on Tuesday, suggesting a recession
India and Saudi Arabia discuss ways to increase bilateral investments
RIYADH : Commerce and Industry Minister Shri Piyush Goyal on Tuesday met Saudi Arabia’s Minister of Investment Khalid A Al-Falih, and discussed ways to boost bilateral investments between the two countries in different sectors.
Mumbai faces unprecedented business exodus as diamond tycoon relocates to Surat
SURAT : In a historic move that has left the corporate world in awe, billionaire diamond businessman Vallabh Lakhani, affectionately known as Vallabh Kaka, is set to bid adieu to the bustling streets of
Now, shipping firms come under GST lens
NEW DELHI : The shipping industry is under the lens of goods and services tax (GST) authorities for payment of past dues of integrated GST on ocean freight. The shipping industry is under the
IMEEC work begins with 3.5 lakh crore railways plan to link 8 ports on West Coast
NEW DELHI : A strategic project, the plan under the India Middle East Europe Economic Corridor (IMEEC) is to transport goods from Indian Ports to Fujairah in the UAE by ship, and from there
US emerges as India’s biggest trading partner during Apr-Sep this fiscal
NEW DELHI : The US has emerged as India’s biggest trading partner during the first half of the current financial year despite global economic uncertainties and declining exports and imports, according to government data.
Banas Dairy to invest Rs 2,100 crore in Gujarat, signs MoU
AHMEDABAD : Banas Dairy, the biggest diary of Gujarat, Saturday said it planned to invest Rs 2,100 crore in the state, stated an official release. A Memorandum of Understanding (MoU) in this regard will