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Posted in Economy

‘Great achievements already made’: Swiss President Parmelin on India-EFTA trade pact’s first year

The India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) completed one year of implementation on October 1. Swiss President Guy Parmelin, who…

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Snapdeal parent AceVector lists at 12% discount
Posted in Startups

Snapdeal parent AceVector lists at 12% discount

Ecommerce marketplace Snapdeal’s parent company AceVector listed on Monday at a nearly 12% discount, opening at Rs 28.32 on the NSE against the IPO (initial…

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Posted in Economy

India launches anti-dumping probes into five Chinese products after domestic industry complaints

New Delhi: India has started investigations into an alleged dumping of as many as five products, including engineering and chemical sector goods, from China, following…

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Sitharaman sees a ‘plateau’, but India-US trade deal may not be at a dead end yet: GTRI

India and the US could still conclude a limited interim trade agreement covering areas where negotiations have already been completed, even as the two sides…

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German robot startup RobCo hits $1 billion valuation, CEO moves to US
Posted in Startups

German robot startup RobCo hits $1 billion valuation, CEO moves to US

German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that its CEO Roman Holzl had relocated to the United…

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CH Robinson stock falls after $5.8 billion RXO acquisition deal 
 (REUTERS/David 'Dee' Delgado/File Photo) (REUTERS)
Posted in Business

Why is CH Robinson stock down? $5.8 billion RXO deal explained

Shares of CH Robinson Worldwide (CHRW) fell 7.4% in pre-market trading after the company announced a deal to acquire RXO Inc. The deal is worth…

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Posted in Economy

GST Council likely to align export definition with forex earnings, clarify on overseas branch services

New Delhi: The GST Council on October 7 is likely to consider a proposal to make the definition of export aligned with commercial activities generating…

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Posted in Economy

Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources say

MUMBAI: Indian customs authorities are investigating a surge in soybean imports declared as originating in Niger, suspecting the cargoes came from Nigeria and were mislabelled…

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Posted in Economy

India’s infrastructure challenge shifts from raising capital to making projects investable: Deloitte

New Delhi: India’s infrastructure challenge has shifted from raising capital to making projects investable, global accounting firm Deloitte said on Monday. In its report titled…

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Posted in Economy

Indonesia’s mandatory halal rules may raise compliance burden for Indian exporters: GTRI

New Delhi: Indonesia’s mandatory halal-certification requirements, which would come into effect from this month, may raise the compliance burden for Indian exporters, think tank GTRI…

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