March 5, 2026
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‘No proposal made’ to Maldivian Minister’s claim on FTA : MEA

May 31, 2024 Trade, Economy, Global Trade, Trending News
NEW DELHI : India said it has not made any proposal to the Maldives for a bilateral Free Trade Agreement (FTA) and that it was ready to consider if the island nation expresses interest

India’s cold chain sector poised for growth and innovation : Dr Surendra Ahirwar

May 30, 2024 Logistics, COMMERCE, Economy, Trade, Trending News
NEW DELHI : India’s cold chain sector is on the verge of significant growth and innovation, according to Dr. Surendra Ahirwar, Joint Secretary at the Ministry of Commerce and Industry’s Department for Promotion of

S&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term rating

May 30, 2024 Trade, Economy, Global Trade, International Shipping, Trending News
NEW YORK : Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from ‘stable’. However, it retained the sovereign

FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs

May 29, 2024 EXPORT, Business, Economy, Trade, Trending News
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted

Adani Group to enter UPI, digital payment, credit card business : Report

May 29, 2024 Trade, Business, COMMERCE, Economy, Trending News
AHMEDABAD : Adani Group will begin services on their consumer app Adani One- launched in 2022- when these developments are finalised, the report claimed. Gautam Adani-led Adani Group may enter E-commerce and payments segments

Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations

May 29, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to

Goldman Sachs raises India’s GDP growth forecast to 6.7% for 2024 ; expects RBI repo rate cut in December quarter

May 29, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : Goldman Sachs has raised its GDP growth forecast on account of the bumper dividend by the Reserve Bank of India (RBI) and has also pushed back its expectations of interest rate

A flood of cheap Chinese exports is putting the entire global economy at risk, France’s Finance Minister warns

May 29, 2024 EXPORT, Business, Economy, Global Trade, Trade, Trending News
ITALY : The entire World Economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group

Israeli-Turkish trade on life support as relations hit bottom

May 29, 2024 Trending News, Business, Economy, Global Trade
JERUSALEM : Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a year, but Israelis fear it may not survive the latest rift over

Allcargo Logistics Limited announces financial results for Q4 FY24

May 28, 2024 Logistics, Economy, Trade, Trending News
MUMBAI : Allcargo Logistics Limited has released its financial results for the quarter ending March 31, 2024, highlighting several key developments across its diverse business segments. The International Supply Chain segment is showing early
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