Prime Minister meets President of the Swiss Confederation
DUBAI : Prime Minister Shri Narendra Modi held a bilateral meeting with H.E. Mr. Alain Berset, President of the Swiss Confederation, on 1 December 2023, on the sidelines of COP 28 in Dubai. During
Walmart shifts to India and cuts China imports
TORONTO : Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.
Indian Solar Exports Surge by 246% YoY in Q3 2023
NEW DELHI : Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5 billion) in Q3 2022, according to
Finance Ministry may assume nominal GDP growth at 11% for FY25
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher than the estimate for 2023-24, a
India ahead of rest of Asia : India’s merchandise exports up 6.2% YoY in Oct 2023, likely to enable …
NEW DELHI : India’s Merchandise Exports were up 6.2 per cent YoY in October 2023 and 2.4 per cent on YoY basis in Aug-Oct’23 period, recovering slightly ahead of the rest of Asia’s exports,
India unlikely to meet FY24 Seafood export target of $9.25 billion
NEW DELHI : India is unlikely to meet its seafood export target worth $9.25 billion for FY24. Though there has been a slight improvement in exports in the last couple of months, the overall
BRICS : UAE to ditch US Dollar in new oil deals
ABU DHABI : The BRICS economic alliance has seemingly prioritized its de-dollarization efforts, leading the United Arab Emirates (UAE) to seemingly prioritize local currency over the US dollar in new oil deals. Indeed, the country is
‘China slows, India grows’: S&P pegs 7% GDP growth for India by 2026
NEW DELHI : India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled ‘China Slows,