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The commerce ministry in its latest data has indicated that India's exports to the UAE contracted by 10.2 per cent to $4.82 billion during April-May of FY24 against $5.37 billion in the year-ago period. India and the UAE have operationalised a comprehensive free trade agreement since May 1 last year. According to the data, imports from the UAE too fell to $6.73 billion from $9.67 billion in April-May 2021-22. India's exports to the UAE in 2022-23 rose by 11.8 per cent to $31.3 bill...
india`s exports to UAE contract by 10.2% to $4.82 billion during April-May
Bangladesh Prime Minister Sheikh Hasina expressed hope to import oil from India by 2023 through a proposed pipeline project. She made the remarks on Sunday during a meeting with Speaker of the Assam Legislative Assembly, Biswajit Daimary at her official Ganabhaban residence in Dhaka. The Speaker led a four-member delegation which is part of a team of 32 MLAs from the northeast visiting Bangladesh. The 130-km India-Bangladesh Friendship Pipeline (IBFPL) project aims to import oil prod...
Bangladesh Prime Minister Sheikh Hasina hopes to import oil from India by 2023 via proposed pipeline
Prime Minister Narendra Modi will inaugurate "PM Kisan Samman Sammelan 2022" on October 17 at Indian Agricultural Research Institute in the national capital. During the event, the PM will release the 12th installment amount of Rs 16,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through Direct Benefit Transfer. More than 13,500 farmers from across the country and around 1500 agri startups will assemble to witness the event. Officials said that more than on...
PM Narendra Modi to open PM Kisan Samman Sammelan on October 17; to release funds worth Rs 16,000 cr
The government on Tuesday announced duty concessions on certain mobile phone parts that may make some of the mobile handsets cheaper. The industry, however, asked the government to further cut duties on mobile parts. The government said that the duty concessions are being given to parts of the transformer of mobile phone chargers and camera lens of mobile camera module, and certain other items. "This will enable domestic manufacturing of high-growth electronic items," Fi...
Govt cuts Customs duty on some mobile parts, industry seeks more
Despite talks with US-based Cairn Energy, the Indian government may soon go ahead with an appeal against the arbitration award in the retrospective taxation case, sources said. An official source told IANS that government will contest the award as taxation is its its sovereign right. Further, the Centre will also contest other suits filed by Cairn Energy at various other international courts. The government, however, will keep options open for an out of court settlement, which the pe...
Indian government to appeal against Cairn arbitration award
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