Adani becomes India’s second largest Cement player
AHMEDABAD : The Adani Family, through Endeavour Trade and Investment Ltd (“BidCo”), a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd.
India remains fastest growing economy with 13.5% growth in Q1 of 2022-23
NEW DELHI : India remains the world’s fastest-growing economy, with GDP expanding 13.5 per cent in the April-June quarter, the quickest pace in a year, but rising interest
Sri Lanka bans import of 300 items of consumer goods to stabilise economy
COLOMBO : Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos as part of the cash-strapped island nation’s bid
Bangladesh to allow yarn imports through 4 more land ports
DHAKA : Bangladesh is set to allow yarn imports through four more land ports – Bhomra in Sathira, Sonamasjid in Chapainawabganj, Darshana in Chuadang and Banglabandh in Panchagarh
Qatar attracts 71% of investments worth $19.2bn into Middle East in Q2
DOHA : The Investment Promotion Agency Qatar (IPA Qatar), in its quarterly update on the foreign direct investment (FDI) trends, has monitored FDI flows and trends both regionally
PM Modi lays foundation stone of IFSCA headquarters, launches India International Bullion Exchange (
GANDHINAGAR : Hon’ble Prime Minister Shri Narendra Modi on Friday visited India’s maiden International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) and presided over
Trade organisations call on EU for urgent review into container shipping sector
BRUSSELS : Some 10 trade organisations, representing the owners and forwarders of cargo, port terminal operators and supply chain members are demanding an immediate start to the review of
Rupee at life-time low to hit imports, overseas study, travel
NEW DELHI : The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel
FinMin seeks industry views on changes in monthly GST payment form
NEW DELHI : The finance ministry on Friday released a paper suggesting changes in the monthly GST payment form and sought industry comments by September 15. The GST Council in its meeting
HMM unveils upcoming investments over US$11.4 billion, aims to boost TEU capacity by nearly 400,000
SEOUL : HMM has decided to proceed with massive investment in several initiatives aiming to diversify its business portfolio for future growth. In the mid-to-long term strategy presentation
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