March 6, 2026
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Singapore top investor in India – Mauritius, US, Japan and Netherlands in the list of top 5 FDI inflows countries in FY24

July 29, 2024 Trade, Business, Economy, Finance, Global Trade, Trending News
NEW DELHI : In the fiscal year 2023-24, Singapore emerged as the largest source of foreign direct investment (FDI) into India, despite a 31.55% drop in inflows to $11.77 billion. The total FDI —

Relief to producers and exporters: DGFT eases Export Promotion Capital Goods Scheme

July 29, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has introduced a series of significant amendments to the Export Promotion Capital Goods ( EPCG ) Scheme, as per Public Notice No. 15 dated

Logistics funding drops 90% in two years : McKinsey

July 29, 2024 Logistics, Global Trade, Trending News
After reaching an unprecedented $25.6 billion in 2021, venture funding for logistics start-ups fell to just $2.9 billion in 2023 — a two-year plunge of nearly 90 percent, and the lowest level of funding

Indian textile exports rise on demand from CIS and South Asian markets

July 29, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian textile exports have increased 4.15% in the first quarter of the current fiscal year, driven by rising demand from Commonwealth of Independent States (CIS) and South Asian markets.  According to

Transforming India’s Road Infrastructure – Connecting India like never before

July 29, 2024 Logistics, Infrastructure, Transport, Trending News
NEW DELHI : India’s road infrastructure has seen significant advancements over the past decade, driven by the Government’s dedicated efforts and strategic initiatives. From enhancing national highways and promoting environmental sustainability to improving rural

German lens maker Carl Zeiss invests ₹2,500 crore in new lens manufacturing facility in India

July 29, 2024 Trade, Business, Company, Finance, Global Trade, Trending News
BENGALURU : Carl Zeiss India, the Indian arm of German optics, opto-electronics, lenses and medical technology brand Carl Zeiss, said it would start production of lenses in India from June 2025. The firm has acquired

Long vessel queue forms at Chattogram Port

July 29, 2024 International Shipping, Export - Import, Foreign Ports, Shipping Line, Trade, Trending News
DHAKA : A long queue of vessels has formed at the Chattogram Port’s outer anchorage, with berthing delayed by up to nine days, for container yards being acutely congested and operational disruptions resulting from

Saudi Red Sea Authority trains over 1,000 Nationals for Coastal Tourism market

July 29, 2024 International Shipping, Tourism, Trending News
RIYADH : Saudi Red Sea Authority (SRSA), in collaboration with the Ministry of Tourism, has implemented two pioneering initiatives that focuses on training human resources in luxury coastal resorts and travel agencies to meet

Ashwini Vaishnaw says Rs 15,940 crore allocated for Maharashtra projects, 250 new suburban services to be introduced in Railway Budget 2024

July 27, 2024 Railway, Economy, Finance, Trade, Trending News
NEW DELHI : The Indian Railways is all set to introduce 250 new suburban services in Mumbai in the next five years, build new mega terminals, and redesign the rail network for seamless travel in India, Railways

India says it plans to simplify GST rate regime in coming months

July 27, 2024 Customs, COMMERCE, Economy, Export - Import, Finance, Trade, Trending News
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said. “Too many rates in goods and
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