Prime Minister’s participates in the 21st ASEAN-India Summit in Lao PDR
LAO PDR : The 21st ASEAN-India Summit was held in Vientiane, Lao PDR, on 10 October 2024. Marking a decade of India’s Act East Policy, Prime Minister Shri Narendra Modi joined ASEAN leaders to
Central Govt. considers seed funding to establish a shipping insurance entity
NEW DELHI : With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its funds as a preliminary investment. This approach would involve private
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment penalties on any floating rate term
World Bank raises India’s growth outlook for FY25 to 7% from 6.6 %
LONDON : The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing
12th Meeting of the India-UAE high Level joint Task force on investments
MUMBAI : The 12th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) took place in here . It was co-Chaired by Shri Piyush Goyal, Minister of Commerce & Industry, Government
India needs ₹6-7 trillion to produce and export green aviation fuel by FY40 : Deloitte
NEW DELHI : India can become a key exporter of sustainable aviation fuel producing 8-10 million tonnes by 2039-40 by investing ₹6-7 trillion towards the effort, consulting firm Deloitte said in a report. India would
Gujarat HC orders ‘arrest’ of SW South Wind I ship as exporter seeks damage for held up rice cargo
AHMEDABAD : The Gujarat High Court has asked the Deenadayal (Kandla) Port Office and Customs officials to “arrest” merchant vessel SW South Wind I which is lying at the port and within Indian territorial
ADIO, HSBC partner to drive bilateral trade, investment flows between Abu Dhabi and Asia
ABU DHABI : The Abu Dhabi Investment Office (ADIO) has partnered with HSBC Bank Middle East in the UAE to drive business and economic connectivity at a global level, naming HSBC their preferred international