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Tehran is ready to sign a long-term contract with India: Iran

August 29, 2022 Vinayak Barot

New Delhi: For the development and financial stability of the country, the Iran government is expecting to develop good trade and other relations with the New Delhi government. The Tehran government said that it is ready to sign a long-term contract with India on developing the Chabahar port to realize its true potential in the coming […]

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We are working fast to find alternatives to Russian gas: Germany

August 23, 2022 Vinayak Barot

New Delhi: Amid increasing demand for gas in Europe, the German Chancellor – Olaf Scholz – said he is working as fast as he can to extricate Germany from its dependence on Russian gas and pursue new energy supplies. Pressure mounts on Olaf Scholz’s government to come up with solutions to tackle a looming crisis. On […]

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Trade: India’s Seafood Exports rise 15 percent in June Quarter

August 13, 2022 Vinayak Barot

 New Delhi: In the middle of trying to making the country’s economy $5 trillion, all sectors are giving their best output in the contribution. On Friday, The Marine Products Export Development Authority (MPEDA) Chairman said, “India’s seafood exports rose 15 percent on year to USD 1.99 billion in the first quarter ended June 2022. In […]

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Ease of Doing Business: Developed nations keen to sign trade deals with India

August 10, 2022 Vinayak Barot

New Delhi: Amid rising business options and opportunities in India for business persons, Union Commerce and Industry Minister Piyush Goyal on Tuesday said, “Developed countries are very keen to sign trade deals with India now. The world now sees India as an engine of economic growth,” On the growth of the last 8 years, Piyush Goyal […]

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Business

Adani Ports handles a record 100 MMT cargo in just 99 days

July 13, 2022 Vinayak Barot

Ahmedabad, 13 July 2022: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23. APSEZ hit this record volume on 8 July 2022. The milestone is significant as it demonstrates the rapidly improving efficiency of APSEZ, which […]

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Business

Easy Trade Between India-EU to Help Open Doors for Several Domestic Sectors

June 21, 2022 Vinayak Barot

New Delhi: Minister of Commerce and Industry Ministry – Piyush Goyal on Monday said, “The proposed free trade agreement with the European Union, when implemented, will provide greater market access for several domestic sectors such as textiles, leather, and sports goods in the EU market,” Minister Goyal told reporters that, “the EU is a large […]

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Business

After a 9-year lull, India and EU re-launch negotiations for India-EU Free Trade Agreement

June 18, 2022 Vinayak Barot

New Delhi: In a joint event held at the Headquarters of the European Union (EU) in Brussels yesterday, Union Minister for Commerce and Industry, Consumer Affairs and Food & Public Distribution and Textiles, Piyush Goyal, and Valdis Dombrovskis, Executive Vice-President of European Commission formally re-launched the India-EU Free Trade Agreement (FTA) negotiations. Besides, Negotiations were also […]

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One District One Product will give Impetus to the Handicraft Sector

June 15, 2022 Vinayak Barot

New Delhi: One District One Product (ODOP) will give impetus to the handicraft sector as well as the artisans, said Minister of State for Textiles, Darshana Vikram Jardosh while inaugurating the “The Lota Shop”, at National Crafts Museum on June 14. She reiterated the significance of museums stating that there’s huge potential for them to attract […]

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Business

Adani Transmission’s USD 700 Mn revolving facility tagged as Green Loan by Sustainalytics

June 15, 2022 Vinayak Barot

Ahmedabad, 15 June 2022:  Adani Transmission Limited (ATL), India’s largest private sector power transmission and distribution company’s USD 700 Mn revolving facility has been tagged as green loan by Sustainalytics.  This provides assurance on the green loan framework for the revolving facility. “ATL has been a signatory to energy compact goals as part of COP26 […]

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Business

Trade: India’s merchandise exports likely to be at USD 117.2 bn in Q1 FY23

June 14, 2022 Vinayak Barot

New Delhi: In the middle of rising export of the nation, The India Exim Bank has predicted that the merchandise export of the country in Q1 of FY23 may be USD 117.2 billion. “The total merchandise exports stood at USD 95.5 billion in the corresponding quarter of the previous year,” the statement released by the Bank […]

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