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India’s Merchandise exports Rises USD 37.3 billion in May 2022 as compared to USD 32.30 billion in May 2021

June 3, 2022 Vinayak Barot

New Delhi: India has achieved a monthly value of merchandise export in May 2022 amounting to USD 37.29 billion, an increase of 15.46 percent over USD 32.30 billion in May 2021. India’s merchandise export in April -May 2022-23 was USD 77.08 billion with an increase of 22.26 percent over USD 63.05 billion in April -May 2021-22. […]

English

EU not discussing gas embargo against Russia: Confirms Austrian Chancellor

May 31, 2022 Vinayak Barot

New Delhi: An embargo imposed against Russian gas supplies will not be part of the next sanctions package of the European Union on Moscow, Austrian Chancellor Karl Nehammer told reporters on Tuesday. “The gas embargo will not be a topic, German Chancellor Olaf Scholz has made this clear as well,” he said, adding that “a gas […]

President Putin meets with Russian Government members

English

Putin to speak at Eurasian Economic Forum by video link: Kremlin

May 23, 2022 Vinayak Barot

New Delhi: Russian President Vladimir Putin will take part in the Eurasian Economic Forum in Bishkek at the end of May by video link, Kremlin Spokesman Dmitry Peskov media on Sunday. “He will take part by video link,” he said when asked if Putin will participate. The chairmanship of the Eurasian Economic Union passed to […]

India bans wheat exports with immediate effect

May 14, 2022 Vinayak Barot

New Delhi: The Central Government has put wheat export under the “prohibited” category in an effort to manage the overall food security of the country and to need the support of the neighbouring and vulnerable countries. There is a rise in the demand for Indian wheat in the global markets and farmers, traders, and exporters […]

Business

Japan to prohibit exports of high-tech equipment to Russia

May 14, 2022 Vinayak Barot

New Delhi: Japan is expanding the list of goods and technologies, whose exports to Russia are prohibited over the situation around Ukraine, the Japanese ministry of economy, trade, and industry said on Friday. The ban has already been approved by the country’s government and will come into force on May 20. Overall, the updated document […]

Business

India looks forward to develop trade relations with Italy

May 7, 2022 Vinayak Barot

New Delhi: The Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, Piyush Goyal has said India looks forward to significant transformational and exponential growth in its trade with Italy. Co-chairing the India-Italy Business Roundtable with Luigi Di Maio, Minister of Foreign Affairs & International Cooperation, Republic of Italy. Goyal said […]

English

PM Modi inaugurates the Semicon India Conference 2022

April 29, 2022 Vinayak Barot

New Delhi: Prime Minister Narendra Modi inaugurated Semicon India Conference 2022 and shared his remarks via video conferencing at the inaugural session today. Union Ministers, leaders of the Semiconductor industry, investors, academics, and members of the diplomatic corps were among those present on the occasion. At the outset, the Prime Minister welcomed all and expressed happiness […]

English

Bangladesh offers India to use its crucial Chittagong port

April 29, 2022 Vinayak Barot

New Delhi: External Affairs Minister S Jaishankar on Thursday called on Bangladesh Prime Minister Sheikh Hasina, who underlined the importance of connectivity between the two neighbors and offered her country’s main seaport — Chittagong Port — to India’s landlocked northeastern states like Assam and Tripura. The Foreign Minister of India arrived in Bangladesh on Thursday and […]

EU Commisson press conference on Customs Union

Business

EU to bring dependence on Russian energy to zero by 2027, says European Commissioner

April 27, 2022 Vinayak Barot

New Delhi: The European Union intends to reduce its dependence on Russian oil and gas by two-thirds by the end of 2022 and bring it to zero by the end of 2027, European Commissioner for Economy Paolo Gentiloni said in an interview with media when commenting on the RePower EU program announced in March. “As the […]

Business

BSE: Sensex Jumps Over 600 Points, Nifty above 17,100

April 26, 2022 Vinayak Barot

Mumbai: The 30-share BSE Sensex index jumped over 600 points to around 57,187, while the broader NSE Nifty rose over 1 percent to about 17,135 on Tuesday, after both the indexes fell over one percent in the previous session. On Friday, the BSE Sensex had plunged 715 points or 1.23 percent to close at 57,197, […]