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 18 million square feet (msft), is
Rupee’s fall all due to dollar’s rise, any RBI intervention can harm Indian exports : Raghuram Rajan
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 on this can end up harming
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 with mixed outcomes. While it is
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 northwest China to Kazakhstan, has become
PM Gati Shakti : Rs 11.17 lakh crore mega push with 434 projects to transform India’s logistics
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, “With 434 projects identified under the
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 have increased from Rs 3.95 lakh
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 generate 92,235 jobs. The most significant
SCI shows remarkable growth of 145.61% PAT in H1 FY24-25
MUMBAI : The Shipping Corporation of India (SCI), a midcap player in the shipping industry, has reported positive financial performance for the second quarter of FY24-25, showcasing significant growth metrics. The profit after tax (PAT) for