Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This
Decarbonisation of shipping could create up to four million green jobs
COPENHAGEN : The Global Maritime Forum has revealed the immense economic potential presented by the decarbonisation of shipping. New analysis, commissioned by the Global Maritime Forum and conducted by Arup, projects that the maritime
Baltic dry bulk index logs best week in more than two months
LONDON : The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index,
Commerce Ministry is looking for a plan to diversify its export destinations
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and food products to new markets, as
India calls for priority to trade issues that impact developing nations at WTO
NEW DELHI : India has called for prioritisation of real-life trade issues at the WTO which impact developing countries, such as access to finance and technology, bridging digital divide, enhancing effective aid for trade, food
DP World and Asian Terminals Inc. open new barge terminal in the Philippines
MANILA : DP World and Asian Terminals Inc. (ATI) announced the opening of Tanza Barge Terminal in Cavite to facilitate smoother and faster transport for goods and raw materials to and from the capital
Official visit of the Foreign Secretary to Bangladesh
NEW DELHI : Foreign Secretary Shri Vinay Kwatra paid an official visit to Bangladesh from 08-09 May, 2024. This was the first official visit to Bangladesh after formation of the new government in January
PM Modi, Ambani, Adani reshaping India to become economic superpower: CNN report
NEW DELHI : India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Shri Narendra Modi
