Chinese fabrics worth ₹200 cr seized at Mundra Port
MUNDRA : The Directorate of Revenue Intelligence (DRI) has seized 100 containers of Chinese fabrics at Mundra Port, estimating the value of the goods at ₹200 crore. The
Global economic outlook, January 2025 : Deloitte
LONDON : The year 2024 began with confidence that inflation was largely beaten and that major economies would likely avoid recession.1 Those expectations were correct. However, as the
Gujarat aims to become IT Hub with ₹7,000 Cr investment in ‘Million Minds’ Tech City
BENGALURU : Gujarat is positioning itself as a major IT/ITES hub in India with the launch of the ‘Million Minds’ Tech City in Ahmedabad. The Tech City, spanning
Adani seeks partial de-notification of Mundra SEZ
AHMEDABAD : Adani Ports & Special Economic Zone Ltd has approached the Centre for partial de-notification of its multi-product SEZ in Mundra, Gujarat, and the proposal will be
Rupee’s fall all due to dollar’s rise, any RBI intervention can harm Indian exports : Ra
DAVOS : Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank Governor Raghuram Rajan has said any intervention by the RBI
Rupee depreciation: A complex challenge, not a simple export boost – FIEO President
NEW DELHI : The President of FIEO, Mr Ashwani Kumar, stated that the recent depreciation of the Indian Rupee against the US Dollar represents a complex economic scenario
Exports of China’s used cars soar amid rising Central Asia Demand
SHANGHAI : China’s used car exports are experiencing significant growth, with Central Asia emerging as a key destination market. The Khorgos Gateway, the world’s largest dry port linking
PM Gati Shakti : Rs 11.17 lakh crore mega push with 434 projects to transform India’s logistic
NEW DELHI : In a push to strengthen India’s logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative. Ministry of Finance posted on X,
MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports
NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports
Maharashtra signs MoUs worth ₹4.99 lakh crore at Davos
DAVOS : Maharashtra signed memorandums of understanding (MoUs) worth ₹4.99 lakh crore, on the first day of the World Economic Forum in Davos. These investments are expected to
