Business

India Will Export Surplus Wheat: Piyush Goyal in Davos

NEW DELHI: Union minister of commerce and industry Piyush Goyal on Wednesday confirmed that India will continue to export surplus wheat to friendly countries, especially those who are in dire need of the food grain. “India will continue to export wheat to the governments which are in serious need of wheat, which are very friendly […]

West Focuses On Asia With Tokyo And Davos Summit In Same Week

This final week of May 2022 is quite significant. There is a WEF summit going on in Davos, while Tokyo just witnessed the formation of a new economic bloc that has 12 countries – one that is being called the Indo-Pacific Economic Framework or IPEC. This summit was held on May 23 and was attended […]

Amid Global Crisis, FDI To India Proof Of Its Potential: PM Modi

NEW DELHI: Inviting Japanese business leaders to invest in the country, Prime Minister Modi on Monday said that despite the slowdown in the global economy, India has received a record Foreign Direct Investment (FDI) of USD 84 billion in the previous financial year as he termed it as “a vote of confidence of India’s economic […]

India, US Inked Investment Incentive Agreement in Tokyo

NEW DELHI: India and the US signed the Investment Incentive Agreement (IIA) on Monday which is expected to boost investment support by the US International Development Finance Corporation in a wide range of sectors. The IIA was signed in Tokyo by foreign secretary Vinay Kwatra and Scott Nathan, the chief executive officer of the DFC. […]

Mumbai’s BEST Goes Electric; Orders 2,100 Buses Worth Rs 3,675 Cr

NEW DELHI: After clinging to its iconic status for ages, Mumbai’s signature red buses are fast changing into the modern way of life. And in a bid to boost eco-friendly public transport, Mumbai’s Brihanmumbai Electric Supply & Transport (BEST) has placed its biggest ever order for 2,100 electric buses worth Rs 3,675 crores with Olectra […]