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Business
Leverage India’s unmatched scale: Piyush Goyal tells US companies
2 Oct 2024 6:44 AM GMT
New Delhi, Oct 2: Union Commerce Minister Piyush Goyal has invited American companies to leverage India’s unmatched scale and take advantage of the ‘Make in India’ initiative, particularly in high-tech manufacturing and quality production. Minister Goyal, who began his four-day visit to the US this...
Business
French PM outlines policies on national priorities
2 Oct 2024 6:43 AM GMT
Paris, Oct 2: French Prime Minister Michel Barnier delivered a comprehensive one-and-a-half-hour speech in the National Assembly, detailing his government's key priorities including public deficit reduction, immigration reform, and retirement policies. Barnier set an ambitious target for France's...
Business
Revolutionary shift: FM Sitharaman hails rise in credit driven consumption in...
2 Oct 2024 6:40 AM GMT
New Delhi, Oct 2: Finance Minister Nirmala Sitharaman has lauded the meteoric rise in credit driven consumption in small cities and towns, calling it a “revolutionary shift” that has been made possible due to the Pradhan Mantri Jan Dhan Yojana (PMJDY). A definitive surge has been reported in...
Business
India’s diamond imports drop 54 pc in August, country remains global dominant...
1 Oct 2024 7:57 AM GMT
New Delhi, Oct 1: India’s diamond imports saw a 54 per cent decline in August compared to the same month last year, as the country remains a dominant player in the global diamond industry, responsible for producing 95 per cent of the world’s polished diamonds, a report showed on Tuesday. As per...
Business
Uzbek President highlights priorities for expanding partnership with World Bank
1 Oct 2024 7:52 AM GMT
Tashkent, Oct 1: Uzbek President Shavkat Mirziyoyev met with Antonella Bassani, Vice President of the Europe and Central Asia Region at the World Bank, highlighting the priorities for expanding partnership, the President's press service reported. The report discussed issues regarding the further...
Business
EAM Jaishankar meets US Commerce Secretary Raimondo, discusses Indo-Pacific...
1 Oct 2024 7:49 AM GMT
Washington/New Delhi, Oct 1: External Affairs Minister (EAM), S. Jaishankar met with US Commerce Secretary Gina Raimondo in Washington D.C. and discussed Indo-Pacific Economic Framework alongside high technology cooperation between the two countries. The talks between the two Ministers also covered...
Business
Japan's key stock index plunges after ruling party election
30 Sep 2024 9:05 AM GMT
Tokyo, Sep 30: Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, plunged more than 4 per cent on Monday after former Defence Minister Shigeru Ishiba was elected head of the ruling Liberal Democratic Party. The sharp decline saw the index dive more than 4.6 per cent at one...
Business
BRAP 2024 to enhance ease of doing business, boost ‘Make in India’ initiative
30 Sep 2024 9:04 AM GMT
New Delhi, Sep 30: The government on Monday said that the Business Reforms Action Plan (BRAP) 2024 is set to establish a seamless business regulatory framework, enhancing the ease of doing business and further strengthening the ‘Make in India’ initiative. The action plan aligns with key government...
Business
India e-commerce sales to reach up to Rs 1.2 lakh cr in GMV this festive season
30 Sep 2024 9:00 AM GMT
Bengaluru, Sep 30: Driven by high pent up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be 20 per cent year-on-year growth for the e-commerce...
Business
Talented youth at forefront of India’s technological, economic transformation:...
28 Sep 2024 9:38 AM GMT
New Delhi, Sep 28: By harnessing the potential of young talent, we are driving towards an Aatmanirbhar Bharat self reliant and globally competitive, Union Communications Minister Jyotiraditya Scindia has said. During a visit to IIT Madras to witness the indigenous first of its kind 5G Testbed...
Business
India steel sector at watershed moment, projected to reach 300 million tonnes by...
28 Sep 2024 9:35 AM GMT
New Delhi, Sep 28: India became the second largest steel producer with a capacity of 178 million tonnes and production of 144 million tonnes in FY24, which is projected to reach 300 million tonnes by 2030. Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, said that...
Business
Tata Motors breaks ground for $9,000 cr facility in TN to manufacture SUVs, JLR
28 Sep 2024 9:33 AM GMT
Chennai, Sep 28: Tata Motors on Saturday held the groundbreaking ceremony of its new Rs 9,000 crore facility in the state that will manufacture and export next-gen vehicles for Tata Motors and Jaguar Land Rover (JLR). Situated at Panapakkam in Ranipet district, the plant will cater to both domestic...
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