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Kolkata (West Bengal) [India], October 27 (ANI): India and China are reconnecting with the resumption of direct flights after a 5-year gap! The IndiGo flight 6E1703 took off from Kolkata's Netaji Subhash Chandra Bose International Airport, marking a significant improvement in bilateral relations. The IndiGo flight departed from Kolkata Airport at 10.07 PM, with the Airport Director of Netaji Subhash Chandra Bose International (NSCBI) Airport sharing a video of the flight take off. Also Read | ...Read More >
India's economic growth is projected to remain steady in the latter half of the fiscal year, driven by robust domestic consumption and increased government capital expenditure. Despite global trade uncertainties and US tariffs, internal demand provides stability, with festive sales expected to reach a record high. The RBI's measures to ease credit flow further support economic resilience. India's economic growth in the second half of the current financial year is expected to remain steady, with ...Read More >
Kolkata (West Bengal) [India], October 27 (ANI): India and China are reconnecting with the resumption of direct flights after a 5-year gap! The IndiGo flight 6E1703 took off from Kolkata's Netaji Subhash Chandra Bose International Airport, marking a significant improvement in bilateral relations. The IndiGo flight departed from Kolkata Airport at 10.07 PM, with the Airport Director of Netaji Subhash Chandra Bose International (NSCBI) Airport sharing a video of the flight take off. The Airbus A ...Read More >
Kolkata (West Bengal) [India], October 26 (ANI): Chinese Deputy Consul General in Kolkata, Qin Yong, on Sunday hailed the resumption of direct flights between India and China through the Kolkata and Guangzhou city route as a 'very important day' for India-China relations, marking the first non-stop service in five years as the inaugural flight departed from Netaji Subhas Chandra Bose International (NSCBI) Airport. 'Today is a very important day for the India-China relationship. After five years ...Read More >
India and the EU will discuss key areas of the proposed free trade agreement (FTA) including market access, non-tariff measures and regulatory cooperation, during commerce and industry minister Piyush Goyal's visit to Brussels on October 27-28. Goyal will hold high-level discussions with Maroš Šefčovič, Executive Vice-President and European Commissioner for Trade of the EU. "The visit will also serve to review progress achieved so far and to identify areas requiring further convergence," the ...Read More >
The latest World Economic Outlook (WEO) report suggests that India's domestic strength continues to offset the impact of rising US tariffs and global trade tensions. India's Growth Outlook According to the IMF, the 6.6% forecast reflects strong performance in the first quarter of 2025, which helped neutralise much of the tariff-related impact on exports. However, the figure is 0.2 percentage points lower than the pre-tariff projection made in October 2024. India's economic expansion is expect ...Read More >
NEW DELHI: Prime Minister Narendra Modi on Friday said that more than 11 lakh appointment letters have been issued through Rozgar Melas so far, underscoring the government's continued focus on employment generation. He also announced that 51,000 youth have been given appointment orders confirming their permanency on Diwali day. Addressing the Rozgar Mela via video conferencing, the Prime Minister said that these events have become an important platform for fulfilling the aspirations of young In ...Read More >
CHENNAI: Amid a pause from its week-long breakneck climb, the price of 22-carat gold has yet again increased in Chennai by Rs 320 per sovereign on Friday (Oct 24). A sovereign (1 sovereign = 8 gram) now costs Rs 92,320. Accordingly, the per-gram rate increased by Rs 40 to Rs 11,540. On October 23, a day earlier, gold fell by Rs.320 to Rs 92,000 per sovereign (Rs 11,500 per gram). On October 22, gold fell by Rs 2,400 to Rs 93,600 per sovereign (Rs 11,700 per gram). Later that afternoon, it plun ...Read More >
Founder of trade think tank Global Trade Research Initiative, Ajay Srivastava (Image: ANI)Amid a global economic slowdown, India must shift its export strategy towards long-term competitiveness, advises GTRI's Ajay Srivastava. As the global economy slows and trade dynamics shift, India must shift focus from traditional export strategies to building long-term competitiveness through technology, cost efficiency, and domestic capability, says Global Trade Research Initiative (GTRI) founder Ajay Sr ...Read More >
CHENNAI: The price of 22-carat gold in Chennai dropped once again by Rs 320 per sovereign on Thursday (Oct 23), reaching Rs 92,000 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate rose by Rs 40 to Rs 11,500. A day earlier, on October 22, the price of 22-carat gold fell by Rs 2,400, reaching Rs 93,600 per sovereign (1 sovereign = 8 gram). Accordingly, the per-gram rate dipped by Rs 300 to Rs 11,700. In the afternoon, the price of gold dipped again by Rs 1280 per sovereign, re ...Read More >
New Delhi: India on Wednesday called on developing and least developed nations to collectively work to address global trade challenges such as tariff barriers, unilateral environmental restrictions and hurdles in the services sector. Commerce and industry minister Piyush Goyal stated that areas may include critical minerals access, fertilizers and supply chain management. India bridges the technological divide via digital public infrastructure which empowers millions, he said. "It is time for ...Read More >
He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors. He highlighted that investors from across the world have announced plans to invest over Rs 50,000 crore in India's finance and banking sector. In a social media post, ...Read More >
Union Minister Piyush Goyal, along with Ministers Sarbananda Sonowal and Bhupender Yadav, met to discuss the Vadhavan Port Project. They emphasized its significance for job creation and global trade expansion. Later, Goyal briefed the Vice President on initiatives enhancing India's manufacturing and export capabilities, highlighting coordinated action for Viksit Bharat's vision. In a crucial meeting, Union Minister of Commerce Piyush Goyal convened with Minister of Ports, Shipping, and Waterway ...Read More >
New Delhi [India], October 22 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will be on an official visit to Berlin, Germany, from October 23. The visit marks a key milestone in enhancing India's engagement with Germany and holds particular significance as the year 2025 marks the 25th anniversary of the India-Germany Strategic Partnership, highlighting the depth, resilience, and long-standing strength of bilateral ties. Also Read | Real Madrid vs Juventus UEFA Champions League 2 ...Read More >
Vijayawada: Chief Minister N. Chandrababu Naidu would be in the UAE on a three-day visit to invite global industry giants for the CII partnership summit in Visakhapatnam on November 14 and 15 and seek investments to the state. Naidu would take off from Hyderabad to Dubai in the morning. He would participate in one-on-one meetings, visit the Dubai Future Museum and partnership summit road show in Dubai. On Thursday, he would visit YAS island and participate in a business roundtable meeting. On ...Read More >
China has filed a complaint against India in the World Trade Organisation (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. The Chinese Commerce Ministry has alleged that the measures by India violate several WTO obligations, including the principle of national treatment, and constitute import substitution subsidies, which are explicitly prohibited under the multi-lateral trade rules. These measures unfairly benefit India's domestic industries and undermine China's le ...Read More >
Commerce and Industry Minister Piyush Goyal expressed confidence in India's export growth for 2025-26, despite global uncertainties from US tariffs. He noted positive growth in goods and services exports during April-September, highlighting the resilience and global demand for Indian products. Goyal also discussed the positive impact of GST rate cuts on investor sentiment and consumer demand. Commerce and Industry Minister Piyush Goyal on Saturday expressed confidence that despite global uncert ...Read More >
India plans to double its agricultural exports over the next five years, targeting new global markets for rice. Minister Pralhad Joshi emphasized reforms in the public distribution system while congratulating the Indian Rice Exporters Federation for its role in advancing India's agri-market stature. India has unveiled an ambitious five-year plan to double its agricultural exports, focusing particularly on increasing rice exports. Pralhad Joshi, Minister of Consumer Affairs, Food, and Public Dis ...Read More >
According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth. The International Monetary Fund (IMF)'s recent upward revision of India's FY26 economic growth forecast to 6.6% from 6.4% earlier reflects the country's economic resilience and strong fundamentals, Commerce and Industry Minister Piyush Goyal sa ...Read More >
New Delhi [India], October 17: The 7th edition of Windergy India 2025, the exclusive international trade fair and conference for the wind energy sector in the country, is scheduled to take place this October from 29-31 at the Chennai Trade Centre. As India is making giant strides in wind energy generation, the event brings unparalleled opportunities to connect, collaborate and shape the future of renewable energy. Also Read | 'Jatadhara' Trailer: Sudheer Babu Battle Sonakshi Sinha's Evil Dhana ...Read More >
New Delhi: India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data. Imports from Russia slid from over 2 million barrels per day in June to 1.6 million bpd in September. However, tanker-tracking data for early October suggest a rebound: shipments of Urals and other Russian grades to India have picked up pace ...Read More >
New Delhi: India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At the India-Brazil Business Dialogue in New Delhi, Brazil's Vice President and Minister for Development, Industry, Trade & Services, Geraldo Alckmin, said the two nations were "comple ...Read More >
India must fire on all cylinders -- focusing on domestic demand, reforms, investment, innovation, and trade integration -- to sustain high growth India must fire on all cylinders -- focusing on domestic demand, reforms, investment, innovation, and trade integration -- to sustain high growth and meet its long-term development goals, Krishna Srinivasan, Director of the Asia and Pacific Department (APD) at the International Monetary Fund (IMF), said on Thursday. Responding to a question on India' ...Read More >
Martin Saladin, Head of Promotion Activities Directorate at State Secretariat for Economic Affairs Martin Saladin, Head of the Promotion Activities Directorate at the State Secretariat for Economic Affairs, SECO, the Swiss government, on Wednesday said that Switzerland is shifting its focus towards India as a strategic economic partner amid the US trade tariffs. On US tariffs, Saladin said, "This is a concern. Obviously, Switzerland has also very high tariffs at the moment with 39 per cent. Th ...Read More >
The 7th edition of Windergy India 2025 is set to take place in Chennai from October 29 to 31. This international trade fair and conference focuses on wind energy, aiming to stimulate the sector and promote discussions on India's renewable energy goals. Over 350 exhibitors from more than 20 countries are expected to participate, drawing an anticipated 15,000 visitors. India's wind energy sector has seen significant growth, with installed capacity increasing by 153% from 21 GW in 2014 to 53.2 GW ...Read More >
Mumbai, Oct 16 (SocialNews.XYZ) The Indian stock market extended its winning streak on Thursday, with both Sensex and Nifty closing higher for the second straight session. The gains came amid strong buying in select stocks during the ongoing second-quarter (Q2) earnings season. At the close of trade, the Sensex jumped 862.23 points, or 1.04 per cent, to settle at 83,467.66. The Nifty also advanced 261.75 points, or 1.03 per cent, to end the day at 25,585.3. "The bulls remained in control for ...Read More >
New Delhi [India], October 16 (ANI): Gold prices continued to surge in 2025, driven by a mix of global fiscal concerns, currency weakness, and strong institutional buying, as per a report by Religare Broking. The metal has delivered over 65 per cent returns so far this year, one of the highest gains seen in recent years, as investors turn to gold as a safe haven amid rising market uncertainty. At the time of filing this report, Gold prices in Delhi of 24kt was trading at Rs 1,28,110/ 10gm. The ...Read More >
India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. New Delhi, India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. The e ...Read More >
On this, the 80th World Food Day, Codex joins the celebrations of FAO's 80 years of service to the farmers, fishers, livestock rearers, environmentalists, economists, statisticians, governments, traders and consumers, including the marginalized, across the world. The Organization has been celebrating throughout the year, with celebrations culminating this week in the first ever FAO Global Exhibition, which took place in Rome, the opening of the FAO museum and network and one of the biggest meeti ...Read More >
BENGALURU: A day after Biocon chief Kiran Mazumdar-Shaw highlighted Bengaluru's "creaking" infrastructure, Karnataka's deputy CM D K Shivakumar Wednesday accused her of "betrayal" and of tarnishing the very state and country that helped her succeed as an entrepreneur.However, people sprang to her defence, accusing the government of displaying hostility towards those who speak up, and of refusing to accept constructive criticism.On her part, Shaw on Wednesday blamed previous governments' inaction ...Read More >
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