New Delhi: Exports declined for the fourth-consecutive month by 10.3 per cent year-on-year to USD 34.98 billion in May, while the trade deficit widened to a five-month high of USD 22.12 billion. According to the data released by the commerce ministry on Thursday, key export sectors recording negative growth include petroleum products, gems and jewellery,…
Hyderabad: The city-based National Thermal Power Corporation (NTPC) on Thursday signed an MOA(Memorandum of Agreement) with the Hospital Development Society, Osmania General Hospital under CSR to support procurement of Medical Equipment” for Osmania General Hospital. The initial installation and commissioning of the project will be six months while the annual monitoring of the project including…
Kolkata: The fire that broke out at the Kolkata airport on Wednesday night started at a small room that is used by airlines to store various stationery items, its director C Pattabhi said. Speaking to PTI on Thursday, he said an investigation has already started to ascertain the exact cause of the fire. “The small…
New Delhi: The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with effect from Thursday to boost the domestic availability and check prices, a finance ministry notification said. Usually, India imports ‘crude’ soybean and sunflower oils and not their ‘refined’ form. Yet, the…
Kolkata: India generated an income of USD 7,400 million through medical tourism over the last decade, and the figure is expected to rise to USD 43,500 million in the next 10 years, officials said. The health sector in India has seen many private investments in the past five years, they said on Wednesday at the Indian…
Islamabad: The IMF has raised several issues in Pakistan’s budget for the fiscal year 2023-24, calling it a “missed opportunity” but expressed its readiness to work with the cash-strapped country to refine the budget ahead of its passage in Parliament. The government unveiled a Rs 14.4 trillion budget for 2023-24 in the National Assembly last…
New Delhi: Keen to identify young multi-skilled players who could make a quick transition to elite level, the BCCI has summoned 20 potential all-rounders for a near three-week camp at the National Cricket Academy (NCA) in Bengaluru. Legendary Sachin Tendulkar’s son Arjun, who plays first-class cricket for Goa and made his IPL debut in the…
New Delhi: The Congress on Wednesday attacked the Centre over the Reserve Bank of India allowing banks to go for a compromise settlement of fraud accounts and wilful defaults and demanded that the central bank immediately repeals its instructions and also reveal if there was any “pressure” from the government to issue the notification. Congress general…
Washington: Ahead of Prime Minister Narendra Modi’s State Visit to the US, American corporate sector leaders have said they are upbeat and excited about India and want to see a deepening of technological convergence between the two countries in industries like semiconductors, defence, cybersecurity and telecoms. On Tuesday, the US India Business Council (USIBC) hosted its…
Washington: A trade advocacy group that represents US businesses has urged Prime Minister Narendra Modi and President Joe Biden to work towards achieving bilateral trade of USD 500 billion per annum. The two countries achieved bilateral trade of USD 190 billion last year. “By reaching that ambitious bilateral trade target (of USD 500 billion), together we…
