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News   -   Nov 12, 2024 India, Russia on Track to Hit $100 Billion Trade Target Early
India, Russia on Track to Hit $100 Billion Trade Target Early

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 Anzari
News   -   Nov 12, 2024 Finance Minister to Hold GST Council, Budget Meetings on December 21-22
Finance Minister to Hold GST Council, Budget Meetings on December 21-22

Finance 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 Anzari
News   -   Nov 12, 2024 Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships
Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships

The 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 Anzari
News   -   Nov 11, 2024 India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers
India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers

India’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 Anzari
News   -   Nov 11, 2024 Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks
Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks

External 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 Anzari
News   -   Nov 11, 2024 Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report
Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report

A 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
News   -   Nov 11, 2024 Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties
Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties

Russia's First Deputy Prime Minister Denis Manturov will attend the Russian-Indian Business Forum in Mumbai, focusing on industrial cooperation, transport, finance, digital technologies, and interregional ties. Organised by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the event

by Amal Anzari
News   -   Nov 08, 2024 Government Shifts GDP Data Release to Align with Market Close
Government Shifts GDP Data Release to Align with Market Close

The Government of India will now release quarterly Gross Domestic Product (GDP) estimates at 4:00 PM IST, aligning with financial market close; the next update for July-September 2024 is set for November 29.

by Amal Anzari
India, Russia on Track to Hit $100 Billion Trade Target Early
News   -   Nov 12, 2024 India, Russia on Track to Hit $100 Billion Trade Target Early

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 Anzari
Economy Articles 41 Articles
News   -   Nov 12, 2024 India, Russia on Track to Hit $100 Billion Trade Target Early
India, Russia on Track to Hit $100 Billion Trade Target Early

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 Anzari
News   -   Nov 12, 2024 Finance Minister to Hold GST Council, Budget Meetings on December 21-22
Finance Minister to Hold GST Council, Budget Meetings on December 21-22

Finance 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 Anzari
News   -   Nov 12, 2024 Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships
Andhra Pradesh Eyes $2 Trillion Economy with Global Maritime Partnerships

The 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 Anzari
News   -   Nov 11, 2024 India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers
India Gains Ground as Reliable Apparel Sourcing Hub for US Buyers

India’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 Anzari
News   -   Nov 11, 2024 Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks
Bilateral Trade in National Currencies Prioritised Ahead of India-Russia Talks

External 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 Anzari
News   -   Nov 11, 2024 Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report
Trump 2.0 Could Alter India’s FDI Inflows, Says SBI Report

A 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
News   -   Nov 11, 2024 Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties
Russian-Indian Business Forum to Discuss Trade, Technology, and Interregional Ties

Russia's First Deputy Prime Minister Denis Manturov will attend the Russian-Indian Business Forum in Mumbai, focusing on industrial cooperation, transport, finance, digital technologies, and interregional ties. Organised by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the event

by Amal Anzari
News   -   Nov 08, 2024 Government Shifts GDP Data Release to Align with Market Close
Government Shifts GDP Data Release to Align with Market Close

The Government of India will now release quarterly Gross Domestic Product (GDP) estimates at 4:00 PM IST, aligning with financial market close; the next update for July-September 2024 is set for November 29.

by Amal Anzari
Latest Articles 8 Articles
Morning Briefing   -   Nov 15, 2024 Commerce Minister Calls for Repo Rate Cut
Commerce Minister Calls for Repo Rate Cut

Highlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.

by Daanish Narayan
News   -   Nov 14, 2024 Seaplanes to Connect Remote India: Aviation Minister Eyes North East
Seaplanes to Connect Remote India: Aviation Minister Eyes North East

In line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on

by Amal Anzari
News   -   Nov 14, 2024 India’s October Exports Surge by 17%
India’s October Exports Surge by 17%

India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,

by Amal Anzari
News   -   Nov 14, 2024 RBI Governor Affirms Resilient Indian Economy Amid Global Challenges
RBI Governor Affirms Resilient Indian Economy Amid Global Challenges

Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation

by Amal Anzari
Morning Briefing   -   Nov 14, 2024 First Phase of Voting Completed in State Elections
First Phase of Voting Completed in State Elections

Highlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.

by Daanish Narayan
News   -   Nov 13, 2024 US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow
US Leads in Indian Engineering Exports; UAE, Saudi Arabia Follow

The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with

by Amal Anzari
News   -   Nov 13, 2024 Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures
Swedish Firms Eye Tamil Nadu for Expansion, IKEA Among Four Exploring New Ventures

Sweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open

by Amal Anzari
News   -   Nov 13, 2024 By-Elections Witness High Voter Turnout Across Multiple States
By-Elections Witness High Voter Turnout Across Multiple States

Voting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the

by Amal Anzari
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