BRICS: De-Dollarization becoming a reality
SHANGHAI : The BRICS Alliance kick-started the de-dollarization initiative early this year and a handful of countries are considering ditching the US dollar for global trade. While the idea of de-dollarization seemed to be
Use technology to catch big fish in illegal cross-border trade, FM Nirmala Sitharaman tells probe agencies
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Monday told global customs authorities to use technology to nab the big fish in illegal cross-border trade and to share information among themselves to bring
India to build 24 Cargo Ships for Russia
NEW DELHI : India will build 24 cargo ships for Russia over the next three years to facilitate trade via the Caspian Sea, according to the Head of the Caspian International Integration Club “North
PM Modi’s ‘Vocal for Local’ vision ignites India’s toy industry, driving export growth and economic strength
NEW DELHI : India’s toy industry is experiencing a significant boost thanks to Prime Minister Shri Narendra Modi’s ‘Vocal for Local’ campaign which has ignited substantial export growth, contributing to the country’s economic strength.
KEZAD commences AED 330m primary Infrastructure Development for Food and Auto-Hubs
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the UAE, announced that infrastructure work at a cost of approximately AED 330
India, Japan and South Korea should work together to protect shipping
TOKYO : The outbreak of warfare between Israel and Hamas is bringing reminders to Asian economies about their continued reliance on energy imports from the Middle East. In 2018, 76% of crude oil traveling
The vision document will outline $30 trn economy by 2047 in works : BVR Subrahmanyam, CEO, NITI Aayog
NEW DELHI : NITI Aayog CEO BVR Subrahmanyam on Sunday said a vision document is being prepared for India to become a developed economy of about $30 trillion by 2047. The vision document will
Global glass giant Corning to commence production in India by 2024 end
NEW DELHI : Corning, the largest specialised glass manufacturer for electronics globally, has officially announced a collaboration with Optiemus Infra to produce finished cover glass in India. The new factory is expected to receive