Bratislava, June 13 (IANS) Ahead of Prime Minister Narendra Modi’s official visit to Slovakia, the Indian diaspora expressed their eagerness for growing opportunities calling the visit “a positive sign”.”It’s a kind of privilege and historical moment for us, and we are so happy that PM Narendra Modiji is… spending some time for us,.. a large number of our people are already working in skill sectors, especially in automobiles and other sectors and in future, it will grow more. It’s a very pos…
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New Delhi, June 9 (IANS) Indian equity markets ended higher on Tuesday, supported by late buying in select sectors such as PSU banks, financial services, and automobiles, while improving global risk sentiment also aided investor confidence.The benchmark indices closed in the green, with the Nifty rising 119.10 points, or 0.52 per cent, to settle at 23,242.10.The Sensex also gained momentum towards the fag end of the session and ended 394.50 points, or 0.54 per cent, higher at 73,918.76.Commentin…
Seoul, June 9 (IANS) The South Korean economy grew at the fastest pace in more than five years in the first quarter, supported by strong exports and solid domestic demand, central bank data showed on Tuesday.The real gross domestic product (GDP) rose 1.8 percent in the January-March period from the previous quarter, 0.1 percentage point higher than the earlier estimate, according to preliminary data from the Bank of Korea (BOK), reports Yonhap news agency.The reading marked the strongest quarter…
New Delhi, June 1 (IANS) India’s merchandise exports to Oman are officially targeted to grow by 50 per cent over the next three years, as the Comprehensive Economic Partnership Agreement (CEPA) with the Gulf nation came into force on Monday.The agreement aims to drive merchandise exports from the baseline of roughly $4.06 billion past the $6 billion mark, with a medium-term goal of reaching $10 billion.Oman has offered zero-duty access on 98.08 per cent of its tariff lines, covering 99.38 per ce…
New Delhi, June 1 (IANS) India’s consumption and economic activity, because of strong domestic demand momentum, remained robust in early period of FY27, with goods taxable supply rising 27 per cent and services expanding 22.2 per cent in April, according to government sources on Monday.Taxable supply across goods sectors grew 26.9 per cent year-on-year to Rs 40.10 lakh crore in April 2026 from Rs 31.61 lakh crore a year ago, with all 27 commodity groups registering positive growth, according t…
New Delhi, May 31 (IANS) India-Oman Comprehensive Economic Partnership Agreement (CEPA) offering zero duty access to a range of Indian labour-intensive exports, will kick in from Monday.The Finance Ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.India and Oman signed the Comprehensive Economic Partnership Agreement (CEPA) in December last year during Prime Minister Narendra Modi’s visit to Muscat.Par…
New Delhi, May 9 (IANS) The mining industry of India has potential to contribute an additional $500 billion to the economy and generate nearly 25 million new jobs by 2047, provided the industry adopts advanced technologies and sustainable mining practices, a report has said.The joint report by Deloitte and the Indian Chamber of Commerce (ICC) said that the nation’s mining ecosystem is entering a major transformation phase as demand for minerals rises due to rapid infrastructure development, clea…
Nainod (Indore), May 3 (IANS) In a ground-breaking initiative described as the first of its kind in India, Madhya Pradesh Chief Minister Mohan Yadav announced that farmers will be direct stakeholders in the Indore-Pithampur Economic Corridor. Performing the Bhoomi Pujan for the project’s first phase, which is being executed at a cost of Rs 2,360 crore, Yadav emphasised that this model integrates landowners as partners rather than treating them as passive beneficiaries. The corridor, spanning I…
New Delhi, April 26 (IANS) Commerce and Industry Minister Piyush Goyal and New Zealand’s Minister for Trade and Investment Todd McClay met with leaders from the leather and footwear, AYUSH, pharma, medical devices, light engineering and sports goods sectors in Agra on Sunday.”Had an enriching engagement” with the business leaders and “was also joined by my friend Mr Todd McClay MP, Minister for Trade & Investment, New Zealand”, Goyal wrote on X.”Also, launched the ‘Agra: World Capital of F…
Seoul, April 23 (IANS) The government here said on Thursday it will maintain the current price ceilings on fuel products for another two weeks considering international oil prices and demand-side controls.Maximum prices for regular gasoline, diesel and kerosene supplied to gas stations by local oil refineries will remain unchanged at 1,934 won (US$1.3), 1,923 won and 1,530 won per litre, respectively, for the next two weeks, according to the Ministry of Trade, Industry and Resources.It marks the…