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Maharashtra signs MoUs worth ₹4.99 lakh crore at Davos

January 24, 2025 Trade, Business, Economy, Finance, Global Trade, Trending News
DAVOS : Maharashtra signed memorandums of understanding (MoUs) worth ₹4.99 lakh crore, on the first day of the World Economic Forum in Davos. These investments are expected to generate 92,235 jobs. The most significant

Panama Canal was “not gift from US”: Panama President Jose Raul Mulino

January 24, 2025 International Shipping, Economy, Global Trade, Maritime, Trade, Trending News
DAVOS : “The Panama Canal was not a gift from the United States,” President Jose Raul Mulino said Wednesday, after US President Donald Trump threatened to take it back. “We reject in its entirety

Maersk to invest more than half a billion in Nigeria’s Ports

April 30, 2024 Foreign Ports, Trending News
RIYADH : Nigeria’s President, Bola Ahmed Tinubu, recently met with Robert Maersk Uggla, Chairman of A.P Moller-Maersk, during the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh,

India on track to be $10 trn Economy, set for 3rd largest slot : WEF President

February 23, 2024 Economy, Global Trade, Trending News
GENEVA : India is on track to become a $10 trillion economy in coming years and grab the third-largest slot soon, World Economic Forum President Borge Brende said on Thursday as he described the

PM Modi’s successful foreign policy will make India major semiconductor destination in 5 years : Ashwini Vaishnaw

January 20, 2024 Trade, Business, Global Trade, Technology, Trending News
DAVOS : India is poised to emerge as a major semiconductor chip manufacturer within the next five years, as most nations consider it as a more reliable partner, Information Technology and Communications Minister Shri

Maharashtra Govt signs MoU worth Rs 10,000 Crore with Web Werks

January 20, 2024 Trade, Business, COMMERCE, Economy, Infrastructure, Trending News
DAVOS : The Maharashtra Government has signed a memorandum of understanding (MoU) worth Rs 10,000 crore with Web Werks for investment in a mega IT/ITES data centre in the state in the next five

Indian Railways targets Switzerland-like efficiency, gets ready to learn Swiss Railway’s tricks of trade

January 19, 2024 Railway, Trade, Transport, Trending News
DAVOS : Indian Railways is seeking to take a leaf out Swiss Railways in an effort to try and imbibe some of the legendary clockwork precision of the European nation’s famed systems and processes. Indian Railways is planning for

Global recession is unlikely; India moving towards 4% inflation : RBI Governor Shaktikanta Das at WEF 2024

January 19, 2024 Business, Economy, Global Trade, Trending News
DAVOS : The global recession is unlikely to happen as the inherent resilience of individual economies has withstood the pressures much better, said RBI Governor Shaktikanta Das on Thursday. He said after COVID-19, the

Maersk CEO sees Red Sea Shipping disruption lasting ‘at least a few months’

January 19, 2024 International Shipping, Maritime, Shipping Line, Trending News
DAVOS : Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months. Maersk and other large shipping lines have instructed hundreds

Adani Group to invest Rs 50,000 cr to set up data centre in Maharashtra

January 18, 2024 Trade, Business, Company, Global Trade, Trending News
DAVOS : Adani Group will invest Rs 50,000 crore over the next 10 years in setting up a 1 GW data centre in Maharashtra, the apples-to-airport conglomerate said on Wednesday. Adani Enterprises Ltd, the
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