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,
Moody’s maintains stable rating for India with growth forecast
NEW YORK : Global rating agency Moody’s on Friday maintained a stable ‘outlook’ and affirmed long-term and short-term ratings at ‘Baa3’ and ‘P-3’ respectively for India. It has estimated growth rate of 8 per
Tamil Nadu pitches for Elon Musk’s new EV factory in India
CHENNAI : Tamil Nadu will aggressively pitch itself as a manufacturing site for Tesla Inc. as speculation builds about the US company’s planned investments ahead of billionaire Elon Musk’s visit. “Tamil Nadu will be
Maldives trying to discuss with India for paying in their local currency for imports
MALE : The Maldives is currently discussing with India if the island nation can make payments for its imports from the country in Maldivian Rufiyaa, a senior minister has said. A similar arrangement is
US container imports remain stable, with several potential global challenges to be seen
NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared
‘If you want to see the future, come to India’: US envoy Eric Garcetti
NEW DELHI : US Ambassador to India Eric Garcetti said if anyone wants to see the future they should come to India. Speaking at an event, Garcetti lauded India’s developmental strides and acknowledged that
Integrating logistics and infrastructure development courses and curriculum of CTIs for high skill : DPIIT
VADODARA : Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Mr. Rajesh Kumar Singh highlighted on integrating logistics and infrastructure development courses into the curriculum of Central Training Institutes (CTIs),
Maharashtra, Karnataka and Gujarat to be $1 trillion economy by FY39 : Ind-Ra
NEW DELHI : Maharashtra, Karnataka and Gujarat are likely to hit the $1 trillion economy mark by FY39 if the pace of growth in these states remain similar to what was recorded in the