Category: Business
Markets, companies, the economy and your money, with a Jharkhand and India lens.
Photo: IANSADB Urges Acceleration of India-Nepal Digital Payment Corridor to Boost Trade and Remittances
Kathmandu: The Asian Development Bank (ADB) has identified the Nepal-India digital payment corridor as a major untapped opportunity that could significantly improve trade, tourism, and remittance flows between the two neighbouring countries. In its report, ‘Advancing Digital Payments in Nepal: Infrastructure Upgrades and Policy Development for Enhanced Trade Facilitation’, released earlier this week, the Manila-based…
Photo: IANSIndia’s UPI Welcome in New Zealand as We Modernise Our Economy: Trade Minister
Auckland: As the Unified Payments Interface (UPI) expands its global footprint, New Zealand is ready to experience the digital payment freedom that comes with India’s unique and indigenously developed QR-based system, its Trade and Investment Minister, Todd McClay, said on Friday. Speaking to IANS, the minister stressed that New Zealand is a very open economy…
Photo: IANS/https://www.adani.com/Adani Ports Expands AI Partnership with Kaleris
Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday expanded its partnership with US-based Kaleris to accelerate AI-led transformation across its ports and logistics network. The collaboration will see advanced automation, optimisation, and digital operating solutions deployed across 15 container terminals, helping the company improve efficiency, boost capacity, and strengthen its technology-driven growth…
Photo: X/@narendramodiIndia, Slovakia Elevate Ties to Comprehensive Partnership
Bratislava: India and Slovakia on Monday elevated their ties to the level of a comprehensive partnership and vowed to boost bilateral trade and defence cooperation following talks between Prime Minister Narendra Modi and his Slovak counterpart Robert Fico. The two leaders also agreed to work towards the “earliest” implementation of the India-European Union free trade…
Photo: IANSElon Musk becomes world’s first trillionaire after record-breaking SpaceX market debut
Washington: Elon Musk became the world’s first trillionaire after SpaceX completed the largest initial public offering in history, with investors pushing the rocket and satellite company’s market value to about $2.1 trillion on its first day of trading. Shares of SpaceX closed at $160.95, up more than 19 per cent from their IPO price of…
Photo: AI Image/ChatGPTRBI Measures May Bring $50 Billion Forex Inflows in FY27
New Delhi: The Reserve Bank of India’s (RBI) latest measures to boost foreign currency inflows are expected to strengthen the country’s forex reserves, improve banking system liquidity, and support the rupee, with total inflows estimated at $40–50 billion in FY27, a report showed on Friday. As per an analysis by Motilal Oswal Financial Services Ltd…
Photo: AI Generated/ Chat GptDigital Transformation: Govt e-Marketplace Boosts MSEs with Orders Worth ₹8.69 Lakh Crore
New Delhi: The government e-marketplace (GeM) has given a major boost to inclusivity with the registration of micro and small enterprises (MSEs) on the platform surging from 2,396 in 2016-17 to over 11.9 lakh at present, according to a statement issued by the Commerce and Industry Ministry on Tuesday. Procurement from MSEs has grown from…
Photo: PTIWeather Woes Threaten Bengal’s Mango Exports
Kolkata: Dark spots caused by a weather-induced disease have made the shipping of Bengal’s famed Himsagar mangoes overseas uncertain, exporters said. Spotting on the surface of mangoes is caused by continuous rain during bagging and subsequent high temperatures. These spots are early signs of infection. Bagging involves covering each fruit with protective bags while still…
Photo: IANSIndia-Middle East-Europe Economic Corridor seen as path to prosperous future
New Delhi, June 4 (IANS): The India-Middle East-Europe Economic Corridor (IMEC), a proposed multinational infrastructure initiative aimed at upgrading connectivity between the three regions through integrated trade, energy and digital networks, is envisioned partially as a counterweight to China’s international infrastructure project, the Belt and Road Initiative (BRI), according to an article. Announced at the…
Photo: X@PiushGoyalIndia, Canada reaffirm $50 billion bilateral trade as Piyush Goyal concludes landmark visit
Toronto/New Delhi, May 28 (IANS): With India-Canada bilateral trade currently standing at approximately $8.5 billion, both governments remain committed to their shared and ambitious target of expanding it to $50 billion by 2030, Commerce and Industry Minister Piyush Goyal said as he concluded a highly productive and landmark three-day visit to Canada, an official statement…
