Russia increases export quota of fertilizer producers, India to benefit
Apr 20, 2022, at 10:49 pm
Russia has increased the export quotas for Russian producers of mineral fertilizer by almost 700,000 tons and that of nitrogen fertilizers was increased by 231000 tons, media reports said.
Piyush Goyal on 3-day visit to Australia to take forward trade agreement
Apr 06, 2022, at 06:46 am
New Delhi: Union Minister of Commerce and Industry Piyush Goyal on Tuesday reached Australia on a 3- day visit.
Fuel prices increased again, 11th hike in past 13 days
Apr 03, 2022, at 02:14 pm
New Delhi/UNI: Petrol and diesel prices were increased again on Sunday. According to the price notification of Indian Oil Corporation, petrol in Delhi petrol costs Rs 103.41 per litre and diesel Rs 94.67 per litre, an increase of 80 paise each.
Hit by global sanctions, Russia offers deep discounts to India on oil purchases: Report
Apr 01, 2022, at 05:47 pm
New Delhi: Russia is offering India deep discounts on the direct sale of oil as most of its importers have backed out amid sweeping Western sanctions, including its exclusion from the cross-border payment system SWIFT, following the invasion of Ukraine, Bloomberg reported citing sources.
Shared vision with India leads to establishment of IIT in UAE: Piyush Goyal
Mar 31, 2022, at 05:13 am
Dubai: Minister of Commerce & Industry Piyush Goyal Wednesday invited the business community from the United Arab Emirates (UAE) to come and capitalise on the business-friendly policies and the opportunities that India is offering to global businesses.
Piyush Goyal exhorts G&J industry to triple India’s exports to $100 billion
Mar 30, 2022, at 05:43 am
Dubai: The gems and jewellery industry should look to triple their exports target from about $35 billion exports at present to go for $100 billion target worldwide, Union Commerce & Industry minister Piyush Goyal said Tuesday.
India and UAE should take the bilateral $250 billion by 2030: Piyush Goyal
Mar 30, 2022, at 01:19 am
Dubai/IBNS: The free trade agreement between India and the UAE has ushered in huge opportunities and enterprises of both countries should aim at bolstering the bilateral trade to $250 billion by 2030, commerce and industry minister Piyush Goyal said on Monday.
India has no plans to buy Russian oil in rupees: Report
Mar 29, 2022, at 06:13 am
New Delhi: India does not plan to buy oil from Russia or any other country with Indian rupees, Minister of State Ministry of Petroleum and Natural Gas Rameswar Teli told parliament on Monday, amid scores of sanctions imposed by Western nations on Russia over its invasion of Ukraine, media reports said.
India achieves highest ever $400 billion goods export target ahead of the end of FY22
Mar 23, 2022, at 09:20 pm
New Delhi/IBNS: India hit the $400 billion export mark on Wednesday, a target it had set for for FY22.
Fitch reduces FY23 India growth forecast to 8.5 pc over high fuel prices
Mar 22, 2022, at 08:20 pm
Rating agency Fitch on Tuesday cut down India's growth forecast to 8.5 percent from 10.3 percent on account of a steep rise in energy prices due to the Russia-Ukraine war, media reports said.
India's oil imports in Feb increased amid surge in demand
Mar 19, 2022, at 01:56 am
India's crude oil imports in February increased to 4.86 million barrels per day (bpd), its highest since December 2020.
India becomes the fifth most valued stock market
Mar 11, 2022, at 08:48 pm
Mumbai: India is now the fifth most valued stock market ahead of the United Kingdom, Canada and Saudi Arabia.
Ghana invites Indian industrialists to invest and create employment for both sides
Mar 09, 2022, at 06:06 am
Kolkata/IBNS: Ranking third in ease of doing business in Western Africa, Ghana is inviting Indian industrialists to contribute in areas of steel, iron ore, and agriculture.
India and Bangladesh can become ‘Pharmacy of the world’: Piyush Goyal
Mar 08, 2022, at 07:46 am
India and Bangladesh can become ‘Pharmacy of the world’, Commerce and Industry Minister Piyush Goyal said Monday, adding that time was ripe for the two countries to consider joint manufacturing of Covid-19 vaccines and other medicines.
Skyrocketing cooking oil prices to worsen food inflation situation
Mar 05, 2022, at 04:55 am
Amid Russia’s invasion of Ukraine coupled with U.S. and European sanctions that ensued and consequent disruption in the supplies of key commodities like grains and edible oils, shoppers need to prepare to dish out more money on groceries.
Hikes in petrol, diesel prices likely to start from next week: Report
Mar 03, 2022, at 12:44 am
New Delhi/IBNS: Petrol and diesel prices are likely to increase after assembly elections in five states get over next week to cover the Rs 9 a litre gap caused by international oil prices that zoomed past $100 a barrel.
Mar 02, 2022, at 07:07 am
The initial public offering of state-run insurance behemoth Life Insurance Corporation of India (LIC) can be pushed to the next financial year, media reports said, noting that the government is likely to hold a meeting to reassess the IPO timing amid the Russia-Ukraine war.
Russia-Ukraine War: SBI halts trade with sanctioned Russian entities
Mar 02, 2022, at 01:18 am
State-run lender State Bank of India has said it has suspended transactions involving Russian entities in the wake of international sanctions, media reports said.
Is it Mandatory to file an ITR before Availing a Housing Loan in India?
Mar 01, 2022, at 08:11 pm
Does a house loan in India entail the need to file for ITR? It needs considerable investment to build or purchase a house. Whether it’s a rented apartment or an independent villa, the purchase amount could run into lakhs, if not crores. That’s not an amount that people usually manage to save; for most of us, instant purchase of a house isn’t a possibility.
Govt sets up helpdesk for exporters in the wake of Russia-Ukraine crisis
Feb 26, 2022, at 08:03 am
New Delhi/UNI: In view of difficulties faced by exporters arising out of Russia-Ukraine crisis, Commerce Ministry has set up a helpdesk to support and seek suitable resolutions to issues related to trade.
Russia's Ukraine blitz sends oil prices soaring, dampening hopes of post-Covid economic recovery
Feb 26, 2022, at 07:24 am
Crude oil prices crossed the $100 per barrel mark after Russia launched a military attack on Ukraine on Thursday, media reports said.
India's GDP may expand at 9.5 pc in 2022: Moody's
Feb 26, 2022, at 04:52 am
India may grow at 9.5 percent during the current calendar year from 7 percent predicted earlier, Moody's Investors Service said Thursday, citing a stronger-than-expected economic recovery in the post-Covid period from the national lockdown of 2020 and third wave of Covid.
Indian pharma companies worried over impact of Russia-Ukraine crisis
Feb 25, 2022, at 07:37 am
The Indian pharma sector may take a hit because of Russia-Ukraine crisis and and sanctions against Russia by many western countries including the US, media report said.
India's clean energy export likely to rise to $500 billion in next 20 yrs: Mukesh Ambani
Feb 24, 2022, at 06:22 am
India's export of clean energy is likely to rise to $500 billion over the next 20 years, emerging as a global green energy superpower, Reliance Industries chairman Mukesh Ambani said Wednesday, according to media reports.
Best and Quick Cash Loan App in India 2022
Feb 21, 2022, at 07:12 pm
The digitalisation of the Indian financial sector has been a blessing to those who have been unable to receive funds through traditional lenders for a variety of reasons. The availability of many cash loan apps on the Play Store and App Store has changed the way the loan is applied for and disbursed. Today, you only need a smartphone and an Internet connection to get immediate funds in your account. However, it can be difficult to choose one cash loan app among several options available in the market. To help you make an informed decision, we have come up with a list of the top 5 cash loan apps that can help you meet your immediate financial needs.
India's GDP to grow by 8.8 pc in FY 22: SBI report
Feb 18, 2022, at 10:19 pm
Kolkata/UNI: The country's gross domestic product (GDP) for the full year (FY22) would grow by 8.8 percent, 0.5 percentage point down than the earlier estimate, a State Bank of India research report said on Friday.
India's core sector output grew 3.8 pc in December, steel and crude oil production dip
Feb 01, 2022, at 01:43 am
New Delhi/UNI: Led by cement, natural gas and other sectors, India's core sector output grew 3.8% year-on-year in December, 2021.
Gold Savings accounts can reduce India's bulging current account deficit
Jan 29, 2022, at 01:47 am
New Delhi/IBNS: India is likely to introduce Gold Savings account (GSA) in the upcoming budget to change the preferred buying pattern of purchasing gold in its physical form to check the towering current account deficit.
IMF lowers India's GDP forecast to 9 pc from 9.5 pc
Jan 26, 2022, at 07:38 am
Washington: The International Monetary Fund (IMF) has lowered India's economic growth forecast to 9 percent for the financial year ending March 31.
Picsart looks to customize Indian Republic Day ads for small businesses
Jan 25, 2022, at 07:18 pm
Gurugram/IBNS: Coinciding with this year's Republic Day celebrations, Picsart, a photo and video editing app, launched a series of special features to allow users to create Republic Day wishing posts/videos.