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Government has taken many steps during the year to boost trade: Finance Mi
Updated : 1 year, 3 months ago IST
A day after the commerce ministry released trade data for November showing the highest-ever trade deficit of USD 37.8 billion. The Ministry of Finance highlighted the various initiatives taken by the ministry this year to boost trade with other countries.
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India's merchandise trade deficit widens to record high of USD 37.8 billio
Updated : 1 year, 3 months ago IST
India's merchandise trade deficit in November came at USD 37.84 billion, attributable to burgeoning imports relative to exports. Reportedly, this is the highest monthly trade deficit by far.
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Exports up by 9.6%, imports rise 27.5% in November; trade deficit widens t
Updated : 1 year, 3 months ago IST
India's overall exports, merchandise and services combined, in November were to the tune of USD 67.79 billion, a 9.6 rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 61.85 billion.
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FDI inflow in last 10 years of NDA government totalled USD 709.8 billion:
Updated : 1 year, 3 months ago IST
More than 90 per cent of FDI inflows are received through this route, showcasing the effectiveness of simplified regulations. Strategic initiatives such as increasing FDI limits, removing regulatory barriers, and improving infrastructure have further enhanced the ease of doing business in th
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India, Sri Lanka exchange key MoUs to strengthen bilateral ties
Updated : 1 year, 3 months ago IST
India and Sri Lanka exchanged MoUs during Sri Lankan President Anura Kumara Dissanayake's visit to New Delhi, highlighting collaboration in sectors like education, infrastructure, and digital projects. Prime Minister Narendra Modi announced a USD 5 billion line of credit and grant assista
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Online gaming sector is poised to boost India's USD 1 trillion digital eco
Updated : 1 year, 3 months ago IST
The country is on track to achieve a USD 300-billion electronics industry and a USD 1-trillion digital economy by 2025-26, potentially contributing 18-23 per cent to the national GDP, according to a report by the Observer Research Foundation (ORF).
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'Barbie' sequel in early development as Greta Gerwig, Noah Baumbach forge
Updated : 1 year, 3 months ago IST
The wildly successful 'Barbie' film, which earned a staggering USD 1.4 billion globally and became one of the most talked-about cultural phenomena of 2023, could soon return to the big screen.
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Pakistan secures USD 330 million loan from Asian Development Bank
Updated : 1 year, 3 months ago IST
The Pakistan government on Saturday entered into a USD 330 million loan agreement with the Asian Development Bank (ADB) for the Integrated Social Protection Development Programme (ISPDP), Dawn reported on Sunday.
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ABC News settles defamation lawsuit with Donald Trump for USD 15 million,
Updated : 1 year, 3 months ago IST
ABC News has agreed to settle a defamation lawsuit filed by US President-elect Donald Trump, and will pay USD 15 million to a "presidential foundation and museum," according to a report by CNN.
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Indian auto components industry sees 11.3 pc growth in H1 FY25: Report
Updated : 1 year, 3 months ago IST
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
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India's exports to US touch USD 77.5 bn in FY24, growing at 10.3 % CAGR ov
Updated : 1 year, 3 months ago IST
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
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India's data centre investments to exceed USD 100 bn by 2027: CBRE
Updated : 1 year, 3 months ago IST
India's Data Centre (DC) market is witnessing a surge in investment activity, with Maharashtra and Tamil Nadu emerging as the most preferred destinations.
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