Indian firms could soon list in London, UK Chancellor Jeremy Hunt announces in Delhi
Sep 12, 2023, at 06:36 am
Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.
India-ASEAN to start FTA review in November
Sep 08, 2023, at 04:45 am
New Delhi: India and the ASEAN bloc are expected to start the review of the free trade agreement in November, media reports said.
India's services PMI eases to 60.1 in August from 62.3 in July
Sep 05, 2023, at 05:28 pm
New Delhi/UNI: India's services activities continued their growth momentum in August 2023 on the back of record new export business, but the pace moderated marginally compared to the previous month.
India: A potential hub for Green Hydrogen
Sep 03, 2023, at 11:47 am
The dynamic reforms and the ease of doing business will create economies of large scale and bring down the Green Hydrogen production costs among the lowest in the world.
India's Q1FY24 GDP grows 7.8%, highest in last four qtrs
Sep 01, 2023, at 01:42 am
New Delhi: India’s GDP grew at the rate of 7.8% in the first quarter of the Financial Year 2023-24, according to the data released by the National Statistical Office (NSO) on Thursday.
Aug 31, 2023, at 06:02 am
New Delhi: India and the United States held a meeting on Tuesday to launch the new U.S. - India Renewable Energy Technology Action Platform (RETAP) under the Strategic Clean Energy Partnership, the Ministry of New and Renewable Energy (MNREP) said.
Record Influx: More than 15,000 Indian techies choose Canada in the past year
Aug 30, 2023, at 07:22 pm
Canada has emerged as a global magnet for tech industry talent, with an astonishing 15,000 Indian tech workers making their way to the country in the span of just 12 months, from April 2022 to March 2023.
India-New Zealand ink MoU to boost cooperation in civil aviation
Aug 30, 2023, at 07:34 am
New Delhi: India and New Zealand have signed a Memorandum of Understanding (MoU) to boost cooperation in civil aviation.
India and New Zealand explore adoption of UPI to biz, boost trade & tourism
Aug 30, 2023, at 07:18 am
New Delhi: India and New Zealand are actively considering the implementation of the Unified Payments Interface (UPI) in the island nation to enhance the ease of conducting business, trade, and tourism interactions between the two countries, the Commerce Ministry said on Tuesday.
Aug 26, 2023, at 12:41 am
DBS, in partnership with commodities trader Maptrasco, announced the completion of the first “live” transaction of electronic Bills of Lading (eBL) for shipments between Singapore and India today.
Chandrayaan-3: India Inc lauds ISRO on Vikram Lander's soft landing on moon
Aug 24, 2023, at 06:28 am
Mumbai: India has made a remarkable achievement in the realm of space exploration by accomplishing a successful landing of the Chandrayaan-3 spacecraft on the elusive South Pole of the moon.
ICRA projects India's Q1FY24 GDP growth at 8.5 pc, higher than RBI's estimate
Aug 22, 2023, at 11:19 pm
New Delhi: Rating agency ICRA has projected India's gross domestic product (GDP) growth in the April-June quarter (Q1) of FY24 at 8.5% driven primarily by front-loading of government capex, a continued catch-up in services demand and improved investment activity.
Despite headwinds, global economic activity remains resilient in Q1FY24: SBI report
Aug 22, 2023, at 11:10 pm
Mumbai: Global economic activity remained resilient in the Q1FY24, driven mainly by the services sector, according to State Bank of India’s Group Chief Economic Adviser Dr Soumya Kanti Ghosh.
Indian Rupee falls 4 paise against USD
Aug 21, 2023, at 10:16 pm
Mumbai: The rupee on Monday declined four paise to close at 83.16 against the USD on rising demand for the US dollar by bankers and importers amid a rebounding equity market, dealers at the Foreign Exchange said.
Moody's affirms Baa3 rating for India; raises concerns over political challenges
Aug 19, 2023, at 04:52 am
New Delhi: Moody's Investors Service on Friday affirmed its Baa3 rating for India and upheld the stable outlook, media reports said.
Mumbai is currently the most expensive Indian city to live in: Survey
Aug 18, 2023, at 03:31 pm
Mumbai has been ranked as the most expensive city to live in India, as per a news report released by leading property consultant Knight Frank India.
India's June industrial output grows by 3.7%
Aug 12, 2023, at 09:37 pm
New Delhi: India's industrial output expanded by 3.7 percent in June, according to the Ministry of Statistics and Programme Implementation.
Okta forays into Indian market as part of its Asia Pacific expansion plan
Aug 10, 2023, at 05:14 am
Bengaluru: Okta, the leading independent identity provider, on Wednesday announced the opening of an office in India as part of its ongoing commitment to driving secure digital transformation across Asia Pacific and worldclass customer support.
Govt gets selective with dumping duty, rejection rate jumps 43%: Report
Aug 10, 2023, at 02:39 am
New Delhi: As part of India's drive towards self-reliance (Atmanirbhar Bharat), the Finance Ministry is increasingly adopting a discerning approach in applying dumping duties, resulting in a rejection rate of 43 percent since August 2020, TOI reported.
Aug 05, 2023, at 07:40 pm
New Delhi/IBNS: During the closing ceremony of the '9th CII India-LAC Conclave', focused on enhancing South-South Cooperation, Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, highlighted the immense potential for expanding bilateral trade between India and Latin American & Caribbean (LAC) countries.
Unstoppable India: S&P global projects $6.7 trillion economy by 2031
Aug 05, 2023, at 04:54 am
In a promising projection, S&P Global, the renowned US-based credit ratings agency, foresees India’s economy expanding at an impressive annual growth rate of 6.7% from fiscal year 2024 to 2031.
India's services PMI surges to 13-year high of 62.3 in July
Aug 03, 2023, at 07:31 pm
New Delhi/UNI: India's services sector expanded at a record pace in July 2023 on the back of strong demand and new business gains.
Jul 25, 2023, at 06:05 am
Mumbai/IBNS: Reliance Industries Limited (RIL) Monday announced entering into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up for developing data centers in India. RIL will hold a 33.33 percent stake in each of the Indian SPVs and become an equal partner.
India's UPI to be available in Sri Lanka soon
Jul 22, 2023, at 04:27 am
New Delhi: India's instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka.
Indo-Bangla taka-rupee dual currency card to be launched in September
Jul 12, 2023, at 12:14 am
Dhaka: Bangladesh Bank governor Abdur Rauf Talukder on Tuesday said the central bank will launch a dual currency card of Bangladeshi Taka and Indian Rupee from September.
Commerce Minister Piyush Goyal to visit UK to further FTA negotiations
Jul 09, 2023, at 09:56 pm
New Delhi: Union Commerce and Industry Minister Piyush Goyal will visit the UK from 10th to11th July to focus on the ongoing India-UK Free Trade Agreement (FTA) negotiations and meet the ministers from the European Free Trade Association (EFTA) member countries to discuss the progress of the Trade and Economic Partnership Agreement (TEPA) with EFTA.
Bangladeshi banks to introduce India rupee transactions as foreign currency reserves fall: Report
Jul 08, 2023, at 05:39 am
New Delhi: Two Bangladeshi banks are set to introduce trade transactions using the Indian rupee as they aim to bolster forex reserves and reduce dependence on the US dollar, Bloomberg reported.
India services PMI eases to 58.5 in June from 61.2 in May
Jul 05, 2023, at 05:58 pm
New Delhi/UNI: India's services sector activities remained in expansion mode, but the pace of growth decelerated in June this year, with the services PMI (purchasing managers’ index) dropping to 58.5 during the month compared to 61.2 in May, according to a S&P Global survey released on Wednesday.
Jul 05, 2023, at 06:16 am
New Delhi: Union Minister Commerce Minister Piyush Goyal has said that India's remarkable economic scale and market potential have played a pivotal role in enabling startups to flourish and thrive in the global startup ecosystem.
India's manufacturing PMI eases to 57.8 in June
Jul 03, 2023, at 06:23 pm
New Delhi/UNI: India's factory activities continued to be strong but expanded at a slower pace in June 2023, with manufacturing PMI (Purchasing Managers’ Index) easing to 57.8 during the month from 58.7 in May, according to S&P Global survey findings released on Monday.