March 5, 2026
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Adani Ports’ revenue projected at Rs 50,000 crore in next four years

May 16, 2024 Ports, Economy, Global Trade, Logistics, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. surpassed its guidance for cargo, revenue, and Ebitda in fiscal year 2024. These metrics continued to grow in the fourth quarter, with net profit rising

S Jaishankar reacts to US warning of “potential risk of sanctions” over Chabahar Port Deal

May 15, 2024 Ports, Business, Economy, Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Trade, Trending News
KOLKATA : A day after the US warned of “potential risk of sanctions” after India inked a 10-year agreement for running the Chabahar Port in Iran, External Affairs Minister Shri S Jaishankar emphasised that

Govt to handhold exporters for defending RoDTEP benefits

May 15, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties and Taxes on Exported Products

Amazon infuses Rs 1,600 crore into India entity as e-commerce wars intensify

May 15, 2024 Trending News, Business, COMMERCE, Economy, Global Trade, Trade
HYDERABAD : Amazon, the global E-commerce giant, has infused Rs 1,600 crore into its India entity, regulatory filings showed, at a time when e-commerce companies are battling it out to grow their market share

EAM Jaishankar on delay in IMEC implementation in view of situation in West Asia

May 14, 2024 Logistics, Economy, Global Trade, Infrastructure, International Shipping, Ports, Railway, Trade, Trending News
NEW DELHI : The delay in implementation of the India-Middle East-Europe Economic Corridor (IMEC) in view of the current situation in West Asia is a matter of ‘concern’ and the expectation generated following firming

India needs to focus on market reforms to achieve double digit growth : ADB

May 14, 2024 Trade, Business, Economy, Global Trade, Trending News
NEW DELHI : India needs to focus on factor market reforms like land and labour to propel India’s growth to a double-digit trajectory, ADB Chief Economist Albert Park has said. “There are still concerns

Cost overruns and delays plague over 1,800 infrastructure projects; 449 projects see overruns of Rs 5.01 lakh crore

May 14, 2024 Trade, Economy, Infrastructure, Trending News
NEW DELHI : The Ministry of Statistics and Programme Implementation (MoSPI) report on infrastructure projects revealed that 449 infrastructure projects, each with investments exceeding Rs 150 crore, suffered cost overruns totalling over Rs 5.01

Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee

May 13, 2024 Trade, Defence, Economy, EXPORT, Global Trade, Trending News
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This

China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn

May 13, 2024 Trade, Economy, EXPORT
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The

Commerce Ministry is looking for a plan to diversify its export destinations

May 11, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and food products to new markets, as
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