Tag: India

UK announces launch of free trade agreement negotiations with India

NEW DELHI: The UK government on Thursday announced the launch of free trade agreement (FTA) negotiations with India, describing it as a “golden opportunity” to put British businesses at the “front of the queue” of the Indian economy. British Prime Minister Boris Johnson said an FTA would take the country’s historic partnership with India to […]

Textile sector exports increase by 41% in April- December 2021

NEW DELHI: Textile sector has continuously maintained trade surplus with exports manifold higher than imports. In FY 2020-21 there was a deceleration in textile exports due to pandemic disrupting the supply chain and demand. However, signs of recovery are visible in 2021-22. During April-December, 2021 the total Textiles & Apparel including Handicrafts exports was US$ […]

India’s exports up 33 per cent to $7.63 billion during January 1-7 period

NEW DELHI: India’s exports grew 33.16 per cent to USD 7.63 billion during January 1-7 period on account of healthy performance by various sectors, including engineering, petroleum and gems and jewellery, according to preliminary data from the commerce ministry. Exports stood at USD 5.73 billion during the same period last year. During the first week […]

With APEDA assistance, Uttar Pradesh’s Purvanchal region emerges as new hub for India’s

NEW DELHI: Working in close collaboration with the Ministry of Commerce & Industry, the Agricultural and Processed Food Products Export Development Authority (APEDA) has taken several initiatives in making landlocked Purvanchal region as a new destination of agri-export activities through development of Varanasi Agri – Export Hub (VAEH). APEDA has identified potential districts of Uttar […]

India’s PM inaugurates new integrated terminal building at Maharaja Bir Bikram Airport in Agartala

NEW DELHI: India’s Prime Minister Narendra Modi inaugurated the New Integrated Terminal Building of Maharaja Bir Bikram (MBB) Airport and launched key initiatives like Mukhyamantri Tripura Gram Samriddhi Yojana and Project Mission 100 of Vidyajyoti Schools. Governor of Tripura, Satyadeo Narain Arya, Chief Minister of Tripura Biplab Kumar Deb, Union Ministers Jyotiraditya Scindia and Smt […]

India hasn’t imposed travel curbs like some other countries: MEA on Omicron

NEW DELHI: India has not imposed any travel curbs like some other countries that have stopped flights from regions or nations they relate to Omicron but has intensified surveillance mechanisms and protocol for those who happen to come from ‘at risk’ countries, the Ministry of External Affairs (MEA) said on Thursday. Asked about the ‘at […]

Infrastructure industries expand at 7.5 per cent in October

NEW DELHI: The production of eight infrastructure sectors rose by 7.5 per cent in October on healthy performance by the segments of coal, natural gas, refinery products and cement, official data released on Tuesday showed. The output of eight core sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had […]

India’s forex kitty increases by $289 million to $640.40 billion

NEW DELHI: India’s forex exchange reserves increased by USD 289 million to USD 640.401 billion for the week ended November 19, the Reserve Bank said on Friday. The overall reserves had declined by USD 763 million to USD 640.112 billion in the previous reporting week. They had touched a life time high of USD 642.453 […]

Airports to attract Rs 90,000 crore in investments over five years: India’s Civil Aviation Secretary

NEW DELHI: India’s airports sector is expected to see an investment of Rs 90,000 crore in a five-year period, with nearly Rs 68,000 crore coming from the private players, a senior official said on Wednesday. The civil aviation sector, which was battered by the coronavirus pandemic that had also resulted in the suspension of domestic […]

India, ADB sign $300 million loan to improve primary health care in India

NEW DELHI: The Government of India and the Asian Development Bank (ADB) have signed a $300 million loan to strengthen and improve access to comprehensive primary health care in urban areas of 13 states that will benefit over 256 million urban dwellers including 51 million from slum areas. Rajat Kumar Mishra, Additional Secretary, Department of […]

India records close to 15% rise in export of agricultural and processed food products in April-October

NEW DELHI: In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21. According to the Quick Estimates released by the Directorate General […]

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