The Prime Minister, Shri Narendra Modi inaugurated the Surat Diamond Bourse today in Surat, Gujarat. Before the program, the Prime Minister also visited Panchtatva Garden, viewed the Green Building of Surat Diamond Bourse & SPINE-4, and signed the visitor booklet. Earlier in the day, the Prime Minister had also inaugurated the new terminal building at Surat Airport. Addressing the gathering, ...
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Lufthansa Group Airlines plan to resume flights to Tel Aviv
Germany:16/12/23:From January 8, 2024, the airlines of the Lufthansa Group plan to resume their flights to Tel Aviv. In a first phase, Lufthansa Airlines will initially offer four weekly flights from Frankfurt and three weekly flights from Munich. Austrian Airlines is planning eight weekly connections and SWISS five weekly flights. In a first step, the Lufthansa Group airlines will thus ...
Read More »India’s overall exports in November 2023 is estimated at USD 62.58 Billion; an increase of 1.23 percent over USD 61.82 Billion in November 2022
Newdelhi:15/12/23:India’s overall exports (Merchandise and Services combined) in November 2023* is estimated to be USD 62.58 Billion, exhibiting a positive growth of 1.23 per cent over November 2022. Overall imports in November 2023* is estimated to be USD 67.88 Billion, exhibiting a negative growth of (-) 6.16 per cent over November 2022. Table 1: Trade during November 2023* ...
Read More »India to host 27th WAIPA World Investment Conference in New Delhi
New Delhi:9/12/23: Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, and the current President of the World Association of Investment Promotion Agencies (WAIPA), under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), is set to host the 27th World Investment Conference (WIC) from December 11-14, 2023, at the India ...
Read More »Ministry of Defence inks contract worth Rs 588.68 Cr with Telecommunications Consultants India Limited for Digital Coast Guard project
Newdelhi:8/12/23:In alignment with the Government of India’s strategic vision for Digital Armed Forces, the Ministry of Defence has signed a contract with Telecommunications Consultants India Limited (TCIL) on 8 December 2023, at a total cost of Rs 588.68 crore, for the acquisition of Digital Coast Guard (DCG) project, under the Buy (Indian) category. A pivotal Initiative for the Indian Coast ...
Read More »Cabinet approves Additional allocation of Rs 2500 crore for continuation of Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit till 30.06.2024
Newdelhi:8/12/23:The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved an additional allocation of Rs 2500 Cr for continuation of Interest Equalisation Scheme till 30th June 2024. This would help exporters from identified sectors and all MSME manufacturer exporters to avail pre and post shipment Rupee export credit at competitive rates. Details: Benefit shall be continued till ...
Read More »RCGBI Announces New Bottling Partnership in Papua New Guinea
MANILA, Philippines, Dec. 07, 2023 (GLOBE NEWSWIRE) — Royal Crown Global Beverages Inc. (RCGBI), the brand owners of the globally recognized brand, RC Cola, proudly announced today its newest bottling partnership in Papua New Guinea with RTW Pte Ltd. This strategic move solidifies RCGBI’s commitment to its global consumer base and expands its footprint in the Pacific region. “We’re thrilled ...
Read More »Adani Ports & Special Economic Zone is in advanced discussions to acquire Shapoorji Pallonji Group’s Gopalpur Ports in Odisha
Bhubaneswar7/12/23:: India’s largest port operator Adani Ports & Special Economic Zone is in advanced discussions to acquire Shapoorji Pallonji Group’s Gopalpur Ports in Odisha. The potential deal is valued at an equity range between Rs 1,100 and 1,200 crore. As the Adani group aims to secure infrastructural assets along both the eastern and western coastal areas, the deal will play ...
Read More »Odisha Clears 19 Transformational Projects Worth Rs 4,804.35 Cr
Bhubaneswar:7/12/23: The 125th State Level Single Window Clearance Authority (SLSWCA) meeting convened today, under the guidance of Chief Secretary Pradeep Kumar Jena, IAS. The SLSWCA gave its nod to 19 transformational projects worth INR 4,804.35 Crores, further strengthening the state’s position as an investment destination. The significant investments are in key sectors such as Apparel & Textiles, Steel Downstream, Paint(Chemical), Plastics, Packaging/Metal ...
Read More »Guidepoint Expands Indian Footprint in Mumbai
Mumbai, Dec. 06, 2023 (GLOBE NEWSWIRE) — Guidepoint, the world’s leading expert network and research enablement platform, proudly announced today the expansion of its Mumbai office in support of the firm’s rapid growth in the Indian market. Jon Adkins, Guidepoint’s Director and Head of International, commented, “This investment in India underscores our unwavering commitment to providing our Indian clientele — investors, ...
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