February 16, 2026
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Government setting up 7 PM MITRA Parks with world class infrastructure to give a boost to Textiles Sector

July 29, 2024 Trade, Business, Economy, Finance, Global Trade, Infrastructure, Trending News
NEW DELHI : The Government has approved setting up of 7 (Seven) PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites (including a Greenfield project in Virudhanagar Tamil Nadu) with

Commerce Secretary participates in the 14th BRICS Trade Ministers’ meeting

July 29, 2024 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : Commerce Secretary Shri Sunil Barthwal attended the 14th BRICS Trade Ministers’ Meeting held on 26 July 2024 under the BRICS Presidency of Russian Federation. The theme of BRICS this year is

Singapore top investor in India – Mauritius, US, Japan and Netherlands in the list of top 5 FDI inflows countries in FY24

July 29, 2024 Trade, Business, Economy, Finance, Global Trade, Trending News
NEW DELHI : In the fiscal year 2023-24, Singapore emerged as the largest source of foreign direct investment (FDI) into India, despite a 31.55% drop in inflows to $11.77 billion. The total FDI —

Logistics funding drops 90% in two years : McKinsey

July 29, 2024 Logistics, Global Trade, Trending News
After reaching an unprecedented $25.6 billion in 2021, venture funding for logistics start-ups fell to just $2.9 billion in 2023 — a two-year plunge of nearly 90 percent, and the lowest level of funding

Indian textile exports rise on demand from CIS and South Asian markets

July 29, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian textile exports have increased 4.15% in the first quarter of the current fiscal year, driven by rising demand from Commonwealth of Independent States (CIS) and South Asian markets.  According to

German lens maker Carl Zeiss invests ₹2,500 crore in new lens manufacturing facility in India

July 29, 2024 Trade, Business, Company, Finance, Global Trade, Trending News
BENGALURU : Carl Zeiss India, the Indian arm of German optics, opto-electronics, lenses and medical technology brand Carl Zeiss, said it would start production of lenses in India from June 2025. The firm has acquired

Worldwide Shipping companies focussing their attention to Kerala’s Vizhinjam Port

July 27, 2024 International Shipping, Global Trade, Maritime, Ports, Trending News
THIRUVANANTHAPURAM : The maritime world is abuzz with the recent developments at Vizhinjam Port, where some of the globe’s leading shipping companies are gearing up for operations. This southern Indian port is emerging as

Angel tax abolition to further ease funding winter for Indian startups

July 27, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.The

India committed to FTA with the U.K. : PM Modi

July 26, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
NEW DELHI : India is committed to concluding a Free Trade Agreement with the United Kingdom, said Prime Minister Shri Narendra Modi on Wednesday, after meeting the visiting Secretary of State for Foreign, Commonwealth and Development Affairs

India creates legroom to sign UK, EU FTAs with Customs Act amendments

July 26, 2024 Customs, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : To create legroom for signing free trade agreements (FTAs) with developed nations such as the UK and European Union, the Union Budget 2024 has introduced amendments in the Customs Act, liberalising
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