Amal Anzari
India’s External Affairs Minister, S. Jaishankar, expressed confidence that the India-Russia trade target of $100 billion will be reached before 2030, during the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation in New Delhi. He noted Russia’s role as a major supplier of fertilizers, crude
by Amal AnzariFinance Minister Nirmala Sitharaman will meet with State Finance Ministers on December 21-22 for pre-budget consultations and the Goods and Services Tax (GST) Council meeting. The Council is expected to discuss the proposed exemption or reduced GST rates on health and life insurance, following recent recommendations to exempt premiums on
by Amal AnzariThe Andhra Pradesh government is building international collaborations to advance port-led infrastructure development, aiming to position itself as a leading maritime state by 2030 and achieve a $2 trillion economy by 2047. Infrastructure and Investment Secretary S. Suresh Kumar outlined this vision at the Economic Development Cooperation Fund conference hosted
by Amal AnzariThe Reserve Bank of India (RBI), in consultation with the Government of India and the Securities and Exchange Board of India (SEBI), has issued rules for Foreign Portfolio Investors (FPIs) whose stakes in Indian companies surpass 10%. Under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, FPIs breaching this threshold
by Amal AnzariIndia’s share of US apparel imports rose from 4% in 2013 to 5.8% in 2023, supported by political stability and vertical integration in its textile industry, according to a report by the US International Trade Commission (USITC). India exported $4.6 billion in apparel to the US in
by Amal AnzariMalaysian importers have expressed interest in sourcing rice from Telangana after the Malaysia Business Meeting. Discussions included the State’s agricultural achievements, quality of rice and grain varieties cultivated using advanced methods.
by Amal AnzariExternal Affairs Minister S. Jaishankar, at the India-Russia Business Forum in Mumbai, highlighted the importance of bilateral trade in national currencies, citing Special Rupee Vostro Accounts as an effective mechanism. Current bilateral trade stands at $66 billion, with a target of $100 billion by 2030. Connectivity projects, including the International
by Amal AnzariA report by the State Bank of India (SBI) suggests that another term for Donald Trump could shift foreign direct investment (FDI) patterns in India, as the former Trump administration’s regulatory policies encouraged capital back to the United States, impacting global FDI inflows. Should similar policies return in Trump’
by Amal Anzari