Economic Development
2 min read
310

India and China agree to resume direct air services and Kailash Mansarovar Yatra in 2025, improving strained relations.

January 27, 2025
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Building on the thaw in relations, India and China have agreed in principle to resume direct air services between the two countries and restart the Kailash Mansarovar Yatra in the summer of 2025. According to the Ministry of External Affairs, the agreements were part of the decisions taken by Foreign

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Economic Development
3 min read
298

Goyal, Omani Minister discuss proposed FTA, trade & investment ties

January 27, 2025
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Commerce & Industry Minister Piyush Goyal held an “engaging and excellent” meeting with his Omani counterpart Qais bin Mohammed Al Yousef in Muscat on Monday which may provide momentum to the India-Oman free trade agreement negotiations.  India, however, may remain measured in its responses to demands from Oman for greater

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Economic Development
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288

Hydrogen Fuel Cell train set from ICF to be launched by March

January 27, 2025
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The Integral Coach Factory (ICF) is working on its flagship project for the Hydrogen Fuel Cell train set. Hydrogen fuel cell coaches are currently under production at ICF. The train set is likely to be turned out by March, said U Subba Rao, GM, ICF. In his Republic Day speech

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Economic Development
3 min read
290

Pricely palm oil may lose market share to soft oils, says Asian Palm Oil Alliance chief

January 27, 2025
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Palm oil will continue losing market share if its prices remain elevated compared to soft oils such as soyabean and sunflower, Atul Chaturvedi, Chairman of Asian Palm Oil Alliance (APOA) and Special Advisor to Solvent Extractors’ Association of India (SEA) has said. In his keynote address at the Globoil Asia

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Economic Development
2 min read
284

Soaps to get costlier as FMCG cos warn of more price hikes

January 27, 2025
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With the uptick in palm oil prices, major Fast Moving Consumer Goods (FMCG) companies are expected to hike soap prices further in Q4, according to indications given by leading companies in the sector, who have warned that the hikes could be higher than seen in the third quarter. The price

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Economic Development
2 min read
274

India, China must explore transformative partnerships in agriculture; says Vimal Kumar

January 27, 2025
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Amid the changing global landscape, India and China have a unique opportunity to redefine their bilateral relationship, shifting the focus from border disputes to mutually beneficial partnerships in agriculture. Beyond the usual buyer-seller relationship, both countries can explore the untapped potential of jointly developing advanced agrochemicals, nano-fertilizers and eco-friendly biopesticides,

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Economic Development
2 min read
42

Jaishankar to meet UAE leadership to discuss enhancement of bilateral ties

January 27, 2025
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External Affairs Minister S Jaishankar is on a three-day visit to the United Arab Emirates where he will meet the country’s top leadership to advance the India-UAE comprehensive strategic partnership. “During the visit, EAM will meet the leadership of the UAE to review the close partnership between the two countries

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Economic Development
3 min read
35

2024 N-E monsoon ends, but easterly waves may bring odd showers

January 27, 2025
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North-east monsoon rains have ceased over Kerala & Mahe, south interior Karnataka, Tamil Nadu, Puducherry & Karaikal, Rayalaseema and adjoining areas of Coastal Andhra Pradesh & Yanam on Monday, exactly a month after the normal date. The 2024 season may come to an end, but an easterly wave crossing southern

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Economic Development
2 min read
34

Reliance Industries plans massive ecosystem in Navi Mumbai, including data centres and logistics

January 27, 2025
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Billionaire Mukesh Ambani’s Reliance Industries is planning massive investments in Navi Mumbai, to set up an industrial township that will have an entire ecosystem consisting of industries, logistics infrastructure, data centres, retail, and other infrastructure to support the ecosystem, sources said. The infrastructure will be built  in Navi Mumbai IIA

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Economic Development
2 min read
37

Blenders, support boost tea sales at Coonoor auctions

January 27, 2025
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Useful support lent by blenders and packagers, who sell to retail outlets in packets, helped increase tea sales at Coonoor auctions, despite the market being irregular market. Traders said the price was maintained at the bottom level while high-priced tea categories were irregular in sale no:4. Global Tea Auctioneers said

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