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November 20, 2023

27 Companies approved for Production-Linked Incentive (PLI) Scheme 2.0 for IT Hardware

Trade, Business, COMMERCE, EXPORT, Trending News
NEW DELHI : In a significant development, a total of 27 companies have received approval for the Production-Linked Incentive (PLI) Scheme 2.0 in the IT hardware sector. Out of these, 23 are poised to
November 20, 2023

India to be a $7-trillion economy by 2030: CEA

Economy, Business, Global Trade, Trade, Trending News
NEW DELHI : India will be a $7-trillion economy in the next seven years if the present growth trajectory is maintained, Chief Economic Advisor (CEA) Anantha Nageswaran said on Saturday. “We are the fifth
November 20, 2023

Entrepreneurs are returning from Europe-U.S. to be part of India’s growth story

Trade, Business, COMMERCE, Economy, Global Trade, Trending News
SINGAPORE : More and more Indian entrepreneurs from Europe and the United States are heading back to India where the economy is growing and opportunities are large, Mr. Saurabh Srivastava, the former NASSCOM Chairman,
November 20, 2023

Navy ready for evacuations if Gaza situation warrants it: Navy Chief Admiral R. Hari Kumar

Maritime, Defence, Trending News
BENGALURU : Chief of Naval Staff Admiral R. Hari Kumar on Saturday said that the Indian Navy was on standby to deploy its assets for evacuation operations, if the need arose due to the
November 20, 2023

Houthi rebels seize cargo ship travelling from Turkey to India,Israel says

Maritime, International Shipping, Trending News
JERUSALEM : Yemen’s Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, raising fears that regional tensions heightened over the Israel-Hamas war were playing out on a
November 20, 2023

Sanmar Group opens shipping subsidiary in Singapore

International Shipping, Company, Global Trade, Logistics, Shipping Line, Trade, Trending News
CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market leverage its presence in Singapore both
November 20, 2023

UP Govt gives 1,800 Cr loan to YEIDA for five Industrial Parks

Trade, Business, Infrastructure, Trending News
NOIDA : The UP Government has granted an interest-free loan of Rs 1,779 crore to the Yamuna Expressway Industrial Development Authority(YEIDA) for acquiring over 1220 hectares of land for the proposed logistics park in
November 20, 2023

India likely to keep rice export bans into 2024, to hold up global prices

EXPORT, Business, COMMERCE, Global Trade, Logistics, Trade, Trending News
NEW DELHI : India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into 2024, a move likely to hold the staple grain at close to its highest
November 20, 2023

UK demands protection for GI products from Agri sector under FTA with India

Export - Import, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The UK’s demand of a higher level of protection for its GI products from the agriculture sector under the proposed free trade agreement (FTA) with India remains an unresolved issue as
November 20, 2023

Construction started for Maersk’s new cold store in Rotterdam

International Shipping, Logistics, Shipping Line, Trade, Trending News, Warehousing
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature sensitive or frozen products like pharmaceuticals,
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