India emerges as a strong contender in global supply-chain diversification: BofA
NEW DELHI : India’s GVC output as percent of total output at 3.17 percent is already the 5th highest in the world, according to the report With the world looking to diversify its supply
Finance Minister pushes shipping ministry for faster monetisation of select projects during session on ‘Maritime Financing, Insurance and Arbitration’ at GMIS 2023
MUMBAI : Union Finance and Corporate Affairs Minister Smt Nirmala Sitharaman said that financing, insurance and arbitration and creation of more diverse options is required to boost the country’s ship-building capacity. The Finance Minister
Government is planning to encourage traders to use Indian-flag vessels : Piyush Goyal
MUMBAI : Union Minister for Commerce and Industry Shri Piyush Goyal on Thursday said that the government is working on a plan to push for more Indian-flag vessels in fleets of domestic and global shipping lines
Japan’s exports rise and imports decline in September as auto shipments to US and Europe climb
TOKYO : Japan’s exports climbed 4.3% in September from a year earlier as shipments of vehicles, machinery and electronics rose while imports of oil and gas fell sharply, the government said on Thursday. Exports
Sanand to have a Space manufacturing cluster: Gujarat govt inks MoU with IN-SPACe
GANDHINAGAR : The Gujarat government signed a memorandum of understanding (MoU) with the Government of India’s independent agency Indian National Space Promotion & Authorization Centre (IN-SPACe) here for setting up a Space manufacturing cluster
PM inaugurates Global Maritime India Summit 2023
MUMBAI : Prime Minister Shri Narendra Modi inaugurated the third edition of Global Maritime India Summit (GMIS) 2023 in Mumbai via video conferencing on Tuesday, 17th October. The Prime Minister also unveiled Amrit Kaal
Port of Barcelona deepens ties with India
MUMBAI : From 16 to 18 October, the Port of Barcelona, one of the key drivers of development in Spain and a reference port in the Euro-Mediterranean region, is holding a Trade Mission in
India far from replacing China as global growth engine : HSBC
NEW DELHI : India’s impressive recent economic gains are unlikely to displace China as the world economy’s main growth engine anytime soon, according to HSBC Holdings Plc. “The numbers don’t exactly add up,” Economists Frederic Neumann