Govt looking at revising FDI policy : Commerce Secretary
NEW DELHI : The Union Government is looking at revising the foreign direct investment (FDI) policy, and is doing stakeholder consultation regarding the same, Commerce Secretary Sunil Barthwal said here on Wednesday. “The Department
Adani’s Mundra Port continues to expand Indian container trade market share
AHMEDABAD : Competition between government/landlord ports and Adani Ports and Special Economic Zone (APSEZ) in India is heating up, with the latter making rapid inroads into the emerging market. Adani Group’s flagship Mundra Port
Exports shrink 1.5% in July, trade deficit widens to $23.5 billion
NEW DELHI : India’s merchandise trade deficit rose to the highest level in nine months in July on the back of high crude imports and a contraction in overall goods exports after three straight
IMF’s Gita Gopinath says India to become 3rd-largest economy by 2027
WASHINGTON : First Deputy Managing Director of the International Monetary Fund (IMF) Dr Gita Gopinath has said that India’s growth has been better than expected. She said the IMF expects private consumption to recover
Dr Gita Gopinath of IMF said Gujarat and TN attracting most global investments into India, other states should emulate
WASHINTON : Gujarat and Tamil Nadu are the two bright spots in India where foreign investments are coming in, Dr Gita Gopinath, First Deputy Managing Director of the IMF, said on August 16, while listing
DP World H1 net profit drops 59% on Red Sea troubles
DUBAI : Dubai-based global port operator DP World (DPW) has reported a 59% drop in H1 2024 net profit, attributable after separately disclosed items, to $265 million on disruptions to shipping caused by the
The heat of Bangladesh’s political turmoil hit the farmers of Kolar! Tomato price has fallen drastically
DHAKA : The political turmoil in neighboring Bangladesh has affected the tomato growers of Kolar. West Bengal traders are unable to export tomato to Bangladesh, so the price has fallen. Farmers of Kolar are
PIL expands Intra Asia coverage with new China Chittagong Express (CCE)
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting key ports in China and Bangladesh. The new service, known as China Chittagong Express (CCE), will commence on