Goods demand slowing, global growth outlook likely to weaken : Report
NEW DELHI : Growth in global goods demand likely weakened to 1.5 per cent year-on-year (Y-o-Y) in May, according to a report by Axis Bank Research on Wednesday. This is below the near 3.5
Toshiba JSW appoints Daisuke Murata as its new Managing Director
TOKYO : Toshiba JSW Power Systems, the joint venture between Japan’s Toshiba Group and India’s JSW Group, announced Wednesday that it has appointed Daisuke Murata as its new Managing Director. Murata, who graduated from
‘Expect Indian Economy to expand by a strong 7.2%’: Fitch raises growth forecast from 7%
NEW DELHI : Fitch Ratings raised India’s growth forecast on Tuesday, citing recovery in consumer spending and increased investment. The agency has increased India’s growth forecast from 7 per cent projected in March to
AI can help shipping industry cut down emissions : Reports
The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping startup Orca AI showed on
PM reaffirms his commitment to take India-US Comprehensive Global Strategic Partnership to greater heights in the new term
NEW DELHI : US National Security Advisor, H.E. Mr. Jake Sullivan, called on Prime Minister Shri Narendra Modi on Monday. NSA Sullivan briefed Prime Minister on the progress in various areas of bilateral cooperation,
G7 nations pledge support to specific infra projects like IMEEC Corridor
APULIA : The Group of Seven (G7) nations have pledged support to specific infrastructure projects like the India–Middle East-Europe Economic Corridor (IMEEC) in their joint statement released after the end of their three-day summit in Italy. The G7 aims
Gold and silver import from UAE jumps 210%, need duty revision in FTA : GTRI
NEW DELHI : India’s gold and silver imports from its Free Trade Agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise
G7 Summit commits to promote IMEEC
APULIA/ITALY : The Group of Seven (G7) industrialised nations have committed to promoting concrete infrastructure initiatives such as the India-Middle East-Europe Economic Corridor (IMEEC) in the G7 Summit Communique issued at the end of the three-day
