Goyal, Omani Minister discuss proposed FTA, trade & investment ties
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
Hydrogen Fuel Cell train set from ICF to be launched by March
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
India’s wheat procurement unlikely to be hit by higher market price
Despite wheat prices ruling high currently in the market, the government is optimistic about good procurement when the rabi marketing season begins. It is view is based on the 2023-24 purchases, which was 40 per cent higher than the previous season despite higher inflation of 17 per cent just before
Vishwaraj Sugar to invest ₹250 cr in new factory in Belgaum
Vishwaraj Sugar Industries plans to set up a new sugar factory with a crushing capacity of 5,000 tonnes of cane per day (TCD) and 150 kilo liters per day (klpd) distillery in Belgaum with an investment of about ₹250 crore. Mukesh Kumar, Executive Director, VSIL said the proposed plant will
Soaps to get costlier as FMCG cos warn of more price hikes
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
India, China must explore transformative partnerships in agriculture; says Vimal Kumar
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,
Jaishankar to meet UAE leadership to discuss enhancement of bilateral ties
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
2024 N-E monsoon ends, but easterly waves may bring odd showers
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
Reliance Industries plans massive ecosystem in Navi Mumbai, including data centres and logistics
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
Retailers posted 5% growth in December: Retailers Association of India
Retailers reported 5 per cent growth impacted by inflationary pressures in December over same period last year , as per the latest survey by Retailers Association of India (RAI). The industry is now hoping for measures in the upcoming budget to boost consumption. The 57th Retail Business Survey, is for