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Goyal sets USD 50 Billion target for leather and footwear industry to achi
Updated : 1 year, 12 months ago IST
Union Minister of Commerce and Industry Piyush Goyal encouraged stakeholders in the Leather and Footwear industry to scale up the industry to USD 50 billion by 2030 during his interaction in Delhi.
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Indian auto component industry turnover grows 9.8% in 2023-24; outlook pos
Updated : 1 year, 12 months ago IST
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the body representing India's auto component manufacturing industry, in its review for the fiscal year 2023-24, as per a release.
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Himachal Pradesh to host Paragliding World Cup 2024 in Bir Billing
Updated : 2 years ago IST
The north Indian hill state Himachal Pradesh is gearing up to host the prestigious Paragliding World Cup India 2024, scheduled from November 2 to 9 in Bir Billing valley of the Kangra district of the state. This event, endorsed by Chief Minister Sukhvinder Singh Sukhu's administration, marks
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Industry commends budget for boosting India's global presence in space ind
Updated : 2 years ago IST
Siddharth Mody, Partner at JSA Advocates and Solicitors, lauded the initiative, noting its potential impact on the industry, said, "The announcement of a Rs 1,000 crore venture capital fund dedicated to the space economy marks a significant commitment by the government to advance India's bur
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Kenya's forex reserves decline due to foreign debt repayments, particularl
Updated : 2 years ago IST
Kenya's foreign exchange reserves have experienced a significant drop of USD 487 million (approximately KES 63.9 billion) over the past week, following substantial repayments of external debt.
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TerraPay enables financial institutions to send international account-to-w
Updated : 2 years ago IST
London [UK], July 23: TerraPay, a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses
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DEWA commissions 8 new 132 kV transmission substations in H1 worth AED1.36
Updated : 2 years ago IST
The move supports DEWA's efforts to keep pace with the growing development and steady urban expansion in Dubai.
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UAE: RTA announces AED1.1 billion deal for new buses with low carbon emiss
Updated : 2 years ago IST
These buses comply with the European specifications for low carbon emissions (Euro 6). Among them, there will be 40 electric buses, marking the largest and first of their kind in the UAE. Bus deliveries will take place in 2024 and 2025.
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Indian companies lag behind global giants in patent production: FAST India
Updated : 2 years ago IST
The report highlights the disparity, with global firms producing 14.1 times the number of patents per billion USD revenue compared to Indian firms.
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Hard to implement IMF deal as political pressure surges in Pakistan: Exper
Updated : 2 years ago IST
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
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India's forex reserves hit record USD 666.85 Billion, driven by surging go
Updated : 2 years ago IST
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
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100 agreements worth 106.1 bn rubles concluded in Caucasus Investment Foru
Updated : 2 years ago IST
Participants in the Caucasus Investment Forum (CIF) signed 100 agreements, including 7 with foreign authorities and companies, worth 106.1 billion rubles.
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