Arsenio Dominguez Velasco confirmed as next IMO Secretary-General
LONDON : IMO Assembly approves decision of Council to appoint Mr. Dominguez Velasco as Secretary-General with effect from 1 January 2024 Mr. Arsenio Antonio Dominguez Velasco has been
Global economy will slow down next year : OECD
WASHINGTON : The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest
Chipmaking proposals worth $8-12 bn of investments in the pipeline : IT Minister Ashwini Vaishnaw
BENGALURU : At least three semiconductor units, including packaging and fabrication, will bring in a cumulative investment of $8 billion – $12 billion under the government’s capex-linked incentive
Finance Ministry may assume nominal GDP growth at 11% for FY25
NEW DELHI : The Finance Ministry may peg nominal gross domestic product (GDP) growth at around 11 percent for the next financial year, about 50 basis points higher
BRICS : UAE to ditch US Dollar in new oil deals
ABU DHABI : The BRICS economic alliance has seemingly prioritized its de-dollarization efforts, leading the United Arab Emirates (UAE) to seemingly prioritize local currency over the US dollar in new
Vinay Kwatra meets Iranian foreign minister in Tehran, discusses Chabahar Port project
TEHRAN : Foreign Secretary Shri Vinay Kwatra on Sunday discussed with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran about the ways to boost connectivity through strategic Chabahar Port and the current situation
‘China slows, India grows’: S&P pegs 7% GDP growth for India by 2026
NEW DELHI : India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday.
Get set for world’s largest textile event Bharat Tex 2024
NEW DELHI : India is set to host Bharat Tex 2024, the world’s largest textile exposition in New Delhi. The event aims to showcase India’s textile industry and
Made in Gujarat Solar PV Modules exported to America ; More in pipeline
SURAT : Waaree Energies Limited, a renewable energy company, that has India’s largest Solar panel manufacturing capacity of 12GW at its plants in Chikhli, Surat and Umbergaon in
Soaring Turkish exports of Military-linked goods to Russia raise Western Concerns
KYIV : Turkish exports of military-related goods to Russia have surged this year, raising concerns that the NATO member is acting as a conduit for sensitive Western goods.