Economic Development
2 min read
277

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
267

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
2 min read
255

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
252

India’s wheat procurement unlikely to be hit by higher market price

January 27, 2025
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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

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Economic Development
2 min read
244

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
31

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
30

Retailers posted 5% growth in December: Retailers Association of India

January 27, 2025
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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

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Economic Development
1 min read
31

Centre invites applications for post of SEBI chief

January 27, 2025
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The Centre has invited applications for the post of Chairman in the Securities and Exchange Board of India (SEBI). The appointment would be made for a maximum period of five years from the date of assumption or till the appointee attains the age of 65 years, whichever is earlier, according

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Economic Development
4 min read
39

Takeover tussle intensifies: Florida investor Danny Gaekwad ups the ante with 55% stake bid for Religare

January 26, 2025
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Florida-based businessman Danny Gaekwad announced on Sunday that, if permitted by SEBI, he would be willing to acquire a controlling stake in Religare Enterprises Ltd (REL) by launching a competing open offer for 55 per cent of the company’s outstanding share capital. This marks a significant shift from his earlier

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Economic Development
3 min read
31

Govt considering direct transfer of agri-subsidy to farmers

January 26, 2025
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Agriculture Minister Shivraj Singh Chouhan on Sunday said that the government is considering a plan under which both Centre and States could share the logistics costs when farmers bring their produce and sell directly to consumers. He also said that the government is considering a plan to directly transfer the

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