Officials discussed customs cooperation and market access as the partners prepare for legal review and approval of a pact expected to cut tariffs on more than 99% of Indian exports to the EU. India and the European Union moved a…
Port capacity and vessel turnaround times have improved, but a FICCI-Kearney study finds post-clearance handling, transport and scheduling still add nearly 158 hours to sea exports. India’s ports have added significant capacity in recent years, but a new industry study…
India’s commerce ministry says it will work with the finance ministry to settle how bulk Scotch imports are classified, a decision that could affect liquor makers’ costs and access to lower tariffs. India’s commerce ministry has told alcohol makers it…
Narendra Modi hailed the reported decline as historic, while the World Bank also highlighted persistent regional disparities and uneven wage growth. Prime Minister Narendra Modi has seized on fresh World Bank data showing a steep fall in India’s extreme poverty…
The World Bank says extreme poverty has dropped sharply, but uneven wages and weak job prospects leave millions vulnerable, with progress increasingly dependent on states from Uttar Pradesh to West Bengal. India’s poverty numbers have fallen sharply, according to the…
The five-to-seven-year expansion will take the partners’ West Bengal portfolio from 11 properties to 20, with projects spanning Kolkata, the coast and North Bengal. Ambuja Neotia Group and Indian Hotels Company Ltd will invest about Rs 2,700 crore to Rs…
The defence shipbuilder is pursuing joint ventures and private investment for proposed yards in Maharashtra and Andhra Pradesh, as it looks to expand into commercial shipbuilding. Mazagon Dock Shipbuilders is preparing to widen its business beyond warships and submarines as…
The former Reserve Bank of India governor says the country must stockpile essential goods, cut its reliance on imported energy and raise productivity as trade and supply shocks become harder to dismiss. Former Reserve Bank of India Governor C Rangarajan…
Refiners bought more than 200,000 tonnes of crude palm oil in a week as lower import duties and preparations for Diwali and wedding-season demand prompted a rush to replenish stocks. India’s appetite for palm oil has picked up sharply after…
The Centre has released an additional Rs 1,09,019 crore to states, with Uttar Pradesh receiving the largest share at Rs 19,208 crore. The Union government has released an additional Rs 1,09,019 crore to state governments, offering a pre-festive boost to…
Chief Minister Pramod Sawant says nine memorandums of understanding could create about 5,000 jobs, while the state courts investors and seeks new export markets for small businesses. Chief Minister Pramod Sawant used the closing session of the three-day Vibrant Goa…
The World Bank estimates 496 million people moved above the lower-middle-income poverty line from 2011 to 2023, while warning that informality, regional gaps and unequal access to opportunity persist. The World Bank says India has made one of the fastest…
