Indian Economy will be $34.7 Trn by 2047 with a per capita be $21K : PHDCCI
NEW DELHI : Indian Economy will attain the size of $34.7 trillion by 2047, with per capita income of $21,000, a report by PHD Chamber of Commerce and Industry (PHDCCI) on ‘Viksit Bharat @2047’
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
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
India-UK to hold further talks on FTA this week
NEW DELHI : India and the United Kingdom will resume talks for the proposed free trade agreement (FTA) this week when an official Indian delegation visits London. “A team is going to the UK
Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at $18.96 billion in March 2023 and
MoCI may look for extension of interest equalisation for exporters
NEW DELHI : The Commerce Ministry(MoCI) is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments,
