S&P retains India’s FY25 GDP forecast at 6.8%; lower than RBI’s estimate
NEW DELHI : S&P Global Ratings on Monday retained India’s GDP growth forecast for the current financial year at 6.8 per cent and said high interest rates and
Container Rate Surge enters longest stretch since the Pandemic
NEW YORK : The spot rate for shipping goods in containers to Europe from Asia rose for a ninth straight week, the longest stretch of rising prices since
Bangladesh key to India’s neighbourhood first, act East, SAGAR Policy: PM Modi
NEW DELHI : Prime Minister Shri Narendra Modi on Saturday said that the state visit of Bangladesh PM Sheikh Hasina to India was special, and that Dhaka is
India’s strong message on Bangladesh’s Teesta project amid Chinese overreach
NEW DELHI : In an effort to edge out China in its strategic backyard, India recently announced that it will send a technical team to neighbouring Bangladesh for
Russia approves draft logistics agreement to be signed with India
MOSCOW : After being held up for several years, the India-Russia Mutual Logistics Agreement is ready for conclusion, with Russia approving the draft agreement over the past week. The agreement
Gujarat CM approves Rs. 399 crore proposal for construction of two new river bridges in North Gujara
GANDHINAGAR : North Gujarat will witness the construction of two new bridges at a cost of Rs. 399 crore. The two new bridges will be built on State
Mundra Port battles congestion amid growing box volumes
MUNDRA : Indian importers and exporters are dealing with considerable cargo delays at Mundra Port, which leads the country’s containerised trade. Local trade sources have raised serious concerns
MSC introduces new standalone service connecting Asia and South East India
GENEVA : MSC has announced the launch of its new weekly service, Osprey, between Asia and South East India. The Osprey service will offer a direct route and
GST Council proposes to restrict IGST Refunds on Goods Subject to Export Duty
NEW DELHI : The GST Council recommended important amendments in Section 16 of the IGST Act and Section 54 of the CGST Act. The proposed amendments seek to
DGFT and Revenue Dept working on dedicated hubs to boost e-commerce exports
NEW DELHI : In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated