The United Kingdom on Wednesday appointed Harjinder Kang as Trade Commissioner for South Asia. He will lead the country’s overseas efforts to promote United Kingdom trade, investment, trade policy and export finance. Kang will also serve as the British Deputy High Commissioner for Western India, with overall responsibility for the states of Maharashtra, Goa and […]
World Trade Organisation (WTO) members need to do more to boost global trade growth by investing in multilateral cooperation and contributing solutions to the economic challenges the world is facing, Director-General Ngozi Okonjo-Iweala said Wednesday. In remarks delivered to a meeting of the WTO’s Trade Negotiations Committee, which she chairs, the Director-General noted that the […]
Scotch & Soda, a fashion retailer, has been saved from bankruptcy by Bluestar Alliance, a brand management company based in the United States. While not all employees could be retained, the deal is a positive development for a significant number of Scotch & Soda employees. Prior to filing for bankruptcy for its Dutch operations, the […]
Industry data revealed on Tuesday that soaring food prices have driven annual inflation in British shops to its highest level in at least 18 years. The British Retail Consortium (BRC) reported that overall shop price inflation rose to 8.9 per cent in March, up from 8.4 per cent in February. This marks the biggest increase […]
A stampede broke out on Wednesday during the distribution of subsidised wheat flour outside the offices of Razaar tehsil’s headquarters in Pakistan’s Swabi. No one was injured in the stampede, Dawn reported. Residents said that mismanagement marred the distribution of subsidised flour. Riaz Khan said people queued up for flour outside the THQ offices and […]
A year after signing Comprehensive Economic Partnership Agreement (CEPA) with United Arab Emirates (UAE), India is likely to touch an all-time high in exports this year, Dr Srikar K Reddy, Joint Secretary, Ministry of Commerce said on Thursday. Reddy said that the historical India-UAE CEPA is yielding results. “India-UAE CEPA has seen a significant positive […]
The Government of India has made sustained efforts to achieve a more balanced trade with China, including bilateral engagements to address the non-tariff barriers on Indian exports to China, Union Minister Rao Inderjit Singh told the Rajya Sabha on Monday. In a written reply to a query, Singh, Minister of State (Independent Charge) for the […]
The US Transportation Department is proposing a ban on Chinese airlines’ use of Russian airspace to fly passengers to the US, three officials from the administration of President Joe Biden told New York Times, reported Russia Today. The national security team and others were reportedly given an order last Monday requiring Chinese rivals to adhere […]
