New Delhi: Former US President Donald Trump’s recent claim that India is an “abuser” of import tariffs is unfair as many nations including America protect their domestic industries by imposing high customs duties on certain products, think tank GTRI said on Friday. It said that according to WTO’s World Tariff Profiles 2023, the US also…
Pune: Finance Minister Nirmala Sitharaman on Thursday said the banking sector will have to play a crucial role in driving the agenda of making India a developed nation or Viksit Bharat by 2047. The Finance Minister was speaking at an event here to mark the 90th Foundation Day of the Bank of Maharashtra, a public…
New Delhi: The impact of the US Federal Reserve’s move to cut the benchmark interest rate will be muted for India as it was mostly priced in, Chief Economic Advisor V Anantha Nageswaran said on Thursday. He said that the Indian stock market is already attracting investor interest and overall the rate cut is positive…
New Delhi: India’s logistics cost will come down to single-digit within the next five years, Union Road Transport and Highways Minister Nitin Gadkari said on Thursday. Addressing the ‘Deloitte Government Summit’ here, Gadkari said the ministry is constructing several highways and expressways which will help reduce India’s logistics cost. “I am confident that within five…
Panjim: Can you think of a drink that would make you high but doesn’t get you a hangover the next morning? It’s Feni — A 500-year-old Goan tradition. Cashew Feni, it’s a drink that is exclusively produced in Goa — nowhere else in the world! Cheers group launched HVEN Single de Feni-Cashew– priced at ₹1,200…
Johannesburg: India has become the South African automotive industry’s top country of origin for vehicle imports since 2013, the Automotive Business Council says in its BRICS+ Research Report 2024. This was because India has been established by various brands as the global hub for small and entry-level vehicles which comprise the bulk of sales in…
New Delhi: Commerce and Industry Minister Piyush Goyal on Monday suggested setting up of a township dedicated to entrepreneurs and startups, aiming to replicate the success of American Silicon Valley. He also asked startups to participate in official delegation visits to different countries as it gives a good exposure to them. “We should be aspiring…
Hyderabad: Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, Government of India, has been awarded the prestigious “Impact Player of the Year” award for 2023-24 at the 25th Silver Jubilee CII Awards held here. The award recognizes EESL’s exceptional achievements in promoting energy efficiency, particularly…
New Delhi: A memorandum of understanding between the tourism authorities of India and Iran to boost cooperation in the sector is in the pipeline, Deputy of Tourism in the Ministry of Cultural Heritage, Tourism and Handicrafts of Iran, Aliasghar Shalbafian, has said as he underlined the similarities between the two civilisations. In an interview to…
Mumbai: Sebi chairperson Madhabi Puri Buch on Friday said she had made all necessary disclosures and complied with recusal guidelines in dealing with companies such as Mahindra Group that hired her husband, as she rejected allegations of impropriety as “false, malicious and motivated”. Buch and her husband Dhaval Buch in a joint statement — the…
