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 […]
Mango, a prominent European fashion group, is expanding its presence in India with a new flagship store in Bangalore’s Indiranagar shopping center. The store covers 5500 square feet across two floors and is the first Mango store in India to offer the Woman, Man, and Kids lines under one roof. The store also features the […]
The agriculture and Farmers Welfare Ministry signed a Memorandum of Understanding (MoU) with the World Food Programme (WFP) of the United Nations during the Global Millets (Shree Anna) Conference, according to the statement released by Ministry of Agriculture and Farmers Welfare. Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar, on Sunday, lauded the work […]
A ministerial round table of millets was held post-inaugural session of the Global Millets (Shree Anna) Conference in New Delhi on Saturday. Ministers from Guyana, Mauritius, Sri Lanka, Sudan, Suriname and Zambia; Permanent Secretary, Agriculture of Gambia and Maldives and Director General, Millets Initiative, Nigeria participated in the meeting. India held its first mega-global event […]
Rating agency CRISIL on Thursday said it expected India’s gross domestic product (GDP) growth to touch 6 per cent in fiscal 2024, compared with 7 per cent estimated by the National Statistical Organisation (NSO) for fiscal 2023. The agency also sees average GDP growth over the next five fiscals at 6.8 per cent. It added […]
The domestic electronic production is likely to hit Rs 8.42 lakh crore and export Rs 1.76 lakh crore in the contemporary financial year, and regarding this concern the Parliament was informed on Wednesday. The proposal submitted to the Lok Sabha by Ashwini Vaishnaw, Minster of Electronics & Information Technology (IT), said that India’s share for […]
Union Minister (MoS) for Electronics and Technology Rajeev Chandrasekhar on Wednesday rejected a media report which claimed that India is planning a new security testing mechanism for smartphones and there will be a crackdown on pre-installed apps. Union Minister Chandrasekhar took to Twitter to reject the claims being made in a media report. “This story […]
Wholesale inflation in India based on the Wholesale Price Index continued to moderate and was at 3.85 per cent (provisional) in February 2023, against the previous month’s 4.73 per cent, official data showed on Tuesday. Overall wholesale inflation was at 8.39 in October and has been falling since then. Notably, the wholesale price index (WPI)-based […]
Union Minister of Commerce and Industry Piyush Goyal and US Commerce Secretary Gina Raimondo noted with satisfaction that the bilateral goods and services trade has almost doubled since 2014, exceeding USD 191 billion in 2022, signalling accelerated growth benefiting both countries. With the US becoming India’s largest trading partner in 2022, both sides will take […]
