June 8, 2026
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US trade deficit jumps in May to highest level since 2022, Gap widens 0.8%

July 5, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
WASHINGTON D.C. : The U.S. International Trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022. Economists surveyed by The Wall Street

FM Sitharaman eyes higher GDP growth target

July 4, 2024 Trade, Business, Economy, Finance, Global Trade, Trending News
NEW DELHI : Anticipating better economic expansion, the Finance Ministry is likely to increase its nominal gross domestic product (GDP) growth target for FY25 in the upcoming Budget from its assumption of 10.5 per

RBI’s proposal to rationalise regulations on export, import transactions will help traders : Exporters

July 4, 2024 Export - Import, Economy, Finance, Trade, Trending News
NEW DELHI : The Reserve Bank of India‘s proposal to rationalise regulations that cover export and import transactions would simplify and streamline the processes for the trading community, say exporters. They said that it

Allcargo Gati raises Rs 169.28 crores, plans to expand biz

July 4, 2024 Cargo, Business, Economy, Finance, Global Trade, Logistics, Trade, Trending News
MUMBAI : Allcargo Gati Limited successfully raised Rs. 169.28 crores by way of issue of equity shares through a QIP (Qualified Institutional Placement) in accordance with the SEBI ICDR Regulations. In respect of the

Jafza and Eaton to build a new, sustainable facility for advanced manufacturing and R&D

July 3, 2024 Logistics, Economy, Finance, Global Trade, Trade, Trending News
DUBAI : Jebel Ali Free Zone (Jafza) and Eaton, a global intelligent power management company, signed an agreement to build a new sustainable campus, bringing together Eaton’s Dubai-based commercial, manufacturing, and support functions while

Sarbananda Sonowal engages in productive Pre-Budget Meeting with Stakeholders of Ports, Shipping, and Waterways

July 2, 2024 Ports, Container Terminal, Economy, Finance, Inland Waterways, Maritime, Private Port, Shipping, Trade, Trending News
NEW DELHI : In preparation for the upcoming budget, Union Minister of Ports, Shipping, and Waterways Shri Sarbananda Sonowal held a productive pre-budget meeting with various stakeholders here. The meeting aimed to facilitate open

EAM Jaishankar meets Qatar’s PM, reviews bilateral relations

July 2, 2024 Trade, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
DOHA : External Affairs Minister S. Jaishankar on June 30 met Qatar’s Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani in Doha and reviewed bilateral relations, with a focus on political, trade, investment,

Indian Govt is planning of INR 22 lakh Cr highway expansion to boost trade and reduce costs

July 2, 2024 Trade, Finance, Infrastructure, Logistics, Trending News
NEW DELHI : The Indian Government is planning on a major infrastructure project with an INR 22 lakh crore investment in a new highway development plan. This ambitious project aims to construct and upgrade

SBI unveils digital loan solution, ‘MSME Sahaj – End to End Digital Invoice Financing’

July 2, 2024 EXPORT, Business, Digitalisation, Economy, Finance, Trade, Trending News
MUMBAI : Lender State Bank of India (SBI) has unveiled a web-based digital business loans solution for MSMEs’ Invoice Financing, aimed at facilitating MSME loans with a fast turn-around-time. The solution, named “MSME Sahaj

RBI Governor confident of 7.2% GDP growth in FY25

June 26, 2024 Trade, COMMERCE, Economy, Finance, Trending News
MUMBAI : The Reserve Bank of India (RBI) Governor Shaktikanta Das, on June 25, said he is confident that India’s growth will touch 7.2 percent in the current financial year. “We are confident about 7.2
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