International
Government International News Trade

US Hopes India Will Continue To Buy Russian Oil Within Price Cap

White House National Security Council (NSC) Coordinator for Strategic Communications John Kirby said on Tuesday said that it is up to India to decide to buy Russian oil and hoped that India will continue to buy Russian oil in keeping within the price cap. Speaking on the price cap on Russian oil, Kirby said, “The […]

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Food International News States

World’s Most Expensive Mango ‘Miyazaki’ Showcased At Mango Festival In Raipur

World’s most expensive mango ‘Miyazaki’ priced at Rs 1.82 lakh in the international market was showcased at a Mango Festival organized in Chhattisgarh’s Raipur. Japan’s famous mango ‘Miyazaki’ was displayed at the Mango Festival organized in the state capital from 17 June to 19. The price of this mango is Rs 2.70 lakh per kg, […]

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Government International News Trade

India, Russia Aim For $50Bn In Bilateral Trade In 2023

India and Russia aim to reach a bilateral trade volume of USD 30 billion by 2025, Ved Prakash Singh, First Secretary and Head of the Economic and Commercial Department of the Embassy of India in Moscow said on Wednesday, TV Brics reported. TV BRICS covers the economic agenda of the five countries. The list of […]

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Companies International News Retail

Carrefour, Publicis Groupe Partners To Create European Giant In Retail Media

Carrefour Group and Publicis Groupe has partnered for a joint-venture named Unlimitail to address the rapidly growing retail media market in continental Europe, Brazil and Argentina. The joint initiative was unveiled on Thursday at the VivaTech conference in Paris. Unlimitail has onboarded 13 prominent retail partners, boasting a combined customer base of over 120 million […]

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Brands Companies E-commerce & Marketplaces International National News

Walmart Sees Flipkart and PhonePe As $100 Bn Business In India

At an investor conference, Walmart’s Chief Financial Officer, John David Rainey has said that Walmart’s Flipkart marketplace and PhonePe payments business in India has the potential to become USD 100 billion businesses due to their strong growth. While specific sales figures for Flipkart and PhonePe are not disclosed by Walmart, the company has emphasised the […]

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E-commerce & Marketplaces International National News

Indian Ecommerce Market To Surpass US By 2034, Says Report

Shiprocket X has recently published its survey report titled “The State of Cross-Border Trade.” The survey revealed some interesting global insights, along with how India ranked ninth in global cross-border growth. India’s total merchandise exports continue to cross the USD 100 billion mark, for the second consecutive quarter in a row, amounting to USD 105.8 […]

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Companies International News

Tata Steel And SMS Group Collaborate To Decarbonise Steelmaking

Tata Steel and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on the decarbonisation of steel making process. T. V. Narendran, CEO & MD, Tata Steel, said: “Tata Steel is actively looking for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future. Further, India […]

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International News Retail

Retail Sales In China Rises 12.7% In May

China’s industrial outcome grew 3.5 per cent in May, compared to the previous year, official data showed on Thursday, reported news agency Reuters. According to the report, May’s growth was labeled the slowest growth since February. Analysts surveyed by Reuters had predicted output growth to cool to 3.6 per cent from 5.6 per cent in […]

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International News

India To Overtake China As Largest Driver of Global Oil demand By 2027: IEA

India will soon overtake China as the largest driver of global oil demand, International Energy Agency (IEA) chief Fatih Birol said on Wednesday, according to Reuters. Birol made this statement during a G20 event in New Delhi, emphasizing the “rapid growth of electrification in cars and buses in China as one of the reasons behind […]

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International News

China’s Factory Gate Prices Fall At Fastest Pace In 7 Years: Report

China’s factory gate prices reduced at the fastest pace in seven years in May 2023 and quicker than forecasts as demand weighed on a slowing production sector and affected the fragile economic recovery, Gulf Today reported. Factory-gate price is the price at which a factory sells goods to wholesalers. China has been tackling a sharp […]

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