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July 29, 2024

Commerce Secretary participates in the 14th BRICS Trade Ministers’ meeting

Trade, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : Commerce Secretary Shri Sunil Barthwal attended the 14th BRICS Trade Ministers’ Meeting held on 26 July 2024 under the BRICS Presidency of Russian Federation. The theme of BRICS this year is
July 29, 2024

Indian Railways to launch its first Hydrogen train this year : Railways Board Member

Railway, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : Indian Railways’ will be launching its First Hydrogen Train this year, said a senior official from the Ministry of Railways on Friday. Speaking at FICCI’s Future Rail India 2024 Conference, Anil Kumar
July 29, 2024

DPIIT promotes green logistics industry balancing economic growth and environment

Trending News, Infrastructure, Logistics, Railway, Transport
NEW DELHI : The Government recognizes the importance of sustainable logistics for India’s economic growth and environmental well-being. Several initiatives have been taken to promote sustainable Logistics Industry, leveraging technologies including digitalization and automation.
July 29, 2024

MD & CEO of Kotak Mahindra AMC warns signal to FM Sitharaman about not to let gold become the next oil

Import, Economy, Finance, Infrastructure, Trade, Trending News
NEW DELHI : Kotak Mahindra AMC’s Managing Director and CEO Mr. Nilesh Shah has urged Finance Minister Smt Nirmala Sitharaman to keep a watchful eye on any surge in India’s gold import bill in
July 29, 2024

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

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 —
July 29, 2024

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

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
July 29, 2024

Logistics funding drops 90% in two years : McKinsey

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
July 29, 2024

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

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
July 29, 2024

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

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
July 29, 2024

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

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
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