Category: Economy
India set to approve $1.2 billion incentive plan to make building equipment, sources say
NEW DELHI: India is set to approve a $1.2-billion incentive scheme for the making of high-value, technologically sophisticated construction and infrastructure equipment, two government sources…
India’s August private sector growth recovers slightly from over four-year low, PMI shows
BENGALURU: India‘s private sector activity edged slightly higher in August from an over four-year low as a rebound in services growth offset the weakest expansion…
From sugar exports to imports: What’s behind India’s policy U-turn?
The government on Thursday allowed, for the first time in nearly a decade, the duty-free import of 1 million tonnes of raw sugar until October…
Delhi’s 1,459 heritage assets face ‘severe threat’, master plan calls for stronger conservation
Many of Delhi’s heritage buildings and monuments are under “severe threat” from encroachment, disrepair, incompatible use and insensitive reconstruction or alteration, the city’s new master…
Oman-India ties to move from buyer-seller model to strategic partnerships; opportunities across sectors: Envoy
Ahmedabad: Oman-India economic ties are poised to shift from traditional buyer-seller transactions to strategic business partnerships, with significant opportunities in trade, manufacturing, logistics, ports and…
Piyush Goyal pitches Singapore as springboard for India’s agri-food exports
Singapore, August 21 (ANI): Union Commerce and Industry Minister Piyush Goyal on Thursday said new avenues are being created for Indian farmers and processed food…
India weighs facilitating European, UK investments via green channel
New Delhi: India is seeking to make it easier for European and British companies to invest in the country, setting up a “green channel” that…
Rules eased to help exporters receive payments in rupees
New Delhi: India on Thursday eased rules on rupee export payments to make it easier for exporters to invoice overseas sales and receive payments in…
ISMR: Ministers push for advanced manufacturing, strategic tech ties with Singapore
New Delhi: The fourth India-Singapore Ministerial Roundtable (ISMR) was held in Singapore on Thursday to explore new areas of partnership in advanced manufacturing and strategic…
Govt halves bulk sugar stock limit to 15 days as prices surge
Pune: The government halved the stockholding limit for bulk sugar consumers to 15 days, intensifying efforts to contain record prices just as festive demand begins…