March Services Exports rise 13.1% to $30.48bln : RBI
NEW DELHI : India’s services exports rose 13.1% on year to $30.48 billion in March, while imports recorded a 6% growth to $16.27 billion, provisional data published by
India and China to contribute half of global growth : IMF
WASHINGTON : India’s economic growth in the current financial year is resilient and, together with the recovery in China, will power a 4.6% growth in Asia, up from
Growth of Ethanol sector is an example for the world: Piyush Goyal
NEW DELHI : The growth of ethanol sector has been tremendous which has set a sort of example for the world, said Shri Piyush Goyal, Union Minister for
India amends schedule of RoDTEP which may affect cotton & other Textiles and Apparel items
NEW DELHI : India has amended the schedule of the Remission of Duties or Taxes on Export Products (RoDTEP) Scheme with effect from May 1, 2023. The ministry
Iran insists India to use Rupee & Rial in bilateral trade
TEHRAN : Tehran nudged New Delhi to use respective national currencies, Rupee and Rial, for settling payment in bilateral trade, as Prime Minister Shri Narendra Modi’s National Security
India building 7,200 km transport corridor to counter China’s BRI
NEW DELHI : The 7,200 km long International North South Transport Corridor (INSTC) connecting India and Russia is now rapidly coming to life after remaining a slow starter
Indian economy to grow at around 6.5% in FY24 : NITI Aayog
NEW DELHI : The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member Arvind Virmani has
CEPA is the growth engine for India-UAE bilateral trade
NEW DELHI : On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), Commerce Secretary Shri Sunil Barthwal congratulated the
Industrial and warehousing demand rises 11% YoY in Q1
NEW DELHI : Leasing of industrial and warehousing space rose 11 percent year-on-year (YoY) to 7.2 million square feet (msf) during the January-March period across five major cities,
Container shipping under pressure globally due to high interest rates : S&P Global Commodity In
SINGAPORE : Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary traits”, says