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India gears up to build US$5 billion container transhipment project off Bay of Bengal Island

January 30, 2023 Maritime, Economy, Ports, Trending News
NEW DELHI : India is stepping up efforts to counter other established South Asian hub ports, such as Sri Lanka’s Colombo, Singapore and Malaysia’s Port Klang, which dominate the subcontinent transshipment activity. In a

Budget 2023 : NIIF presents an attractive investment destination for infrastructure investors

January 30, 2023 Trending News, Economy, Infrastructure, Trade
NEW DELHI : National Investment and Infrastructure Fund’s roads, renewables and rail-based container logistics platforms will each surpass earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹1,000 crore ($120 million approximately) within four

Civil society raises concerns at the lack of transparency : IPEF

January 28, 2023 Economy, Trending News
NEW DELHI : Ahead of India hosting a special negotiating round of the Indo-Pacific Economic Framework for Prosperity (IPEF) next month, the civil society has raised concerns at the lack of transparency in the talks and the US

‘Everything is in India’s favour’: NITI Aayog CEO optimistic about future economic…

January 27, 2023 Economy, Business, Trending News
NEW DELHI : Niti Aayog CEO Mr. Parameswaran Iyer told Republic that India has emerged as a topic of interest at World Economic Forum Davos summit and made optimistic economic predictions. Mr. Parameswaran Iyer

The global economy needs a new powerhouse. India is stepping up

January 25, 2023 Economy, Trending News
NEW DELHI : India’s economic transformation is kicking into high gear. Global manufacturers are looking beyond China, with Prime Minister Shri Narendra Modi stepping up to seize the moment. The government is spending nearly

Union budget likely to roll out more incentives for MSMEs

January 16, 2023 Economy, Trending News
NEW DELHI : As the Centre is set to focus on economic growth and employment generation this year, it could look at expanding the designated industrial space provided for the micro small and medium

Second largest bank of Russia launches direct payments in rupees

January 16, 2023 Economy, Trending News
NEW DELHI : Russian VTB Bank, Russia’s second largest bank, launches direct payments in rupees in what would boost bilateral trade and investments in a big way. Russian SME clients can now make transfers without double conversion, which

Logistics sector’s expectations from Finance Minister in the Budget 2023-24

January 12, 2023 Economy, Trending News
NEW DELHI : During the pandemic, logistics firms played an integral part of the value chain, both within and across international borders—whether delivering essential goods or supporting SME or MSMEs as they adapt their
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