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Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering customs duty on import of global medical devices. Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July 23. Speaking to IANS, Pavan Choudary, Chairman, of the Medical Technology Association of India (MTaI) said, “We expect the government to lower customs duties on import of medical devices.” He noted that compared to neighbouring countries of Sri Lan...
Union Budget: Lower custom duty on import of medical devices, say experts
The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries, covering the period from 2024 to 2027. A currency swap between two countries is an agreement or contract to exchange currencies with predetermined terms and conditions. The SAARC Currency Swap Facility originally began on November 15, 2012. Its primary goal was to offer financia...
RBI extends currency swap with SAARC countries till 2027
F5, a global leader in multi-cloud application security and delivery, on Tuesday appointed Pratik Shah as Managing Director for its operations in India and the SAARC region. Shah, who joined the company in 2019 and succeeds Dhananjay Ganjoo, will be responsible for driving F5’s growth strategy in India and the SAARC region, bringing end-to-end solutions and competitive security offerings together. “Having spent my career championing exceptional customer and employee ex...
Cloud security firm F5 appoints Pratik Shah as MD for India, SAARC region
Below the budget reaction quote by Varun Babbar, MD India and SAARC for Qlik “The 2024 budget announcement signals a strategic focus on propelling the economy toward sustained growth. The government’s dedication to fostering growth, enhancing productivity, and creating employment opportunities aligns seamlessly with Qlik’s commitment to empowering businesses with transformative data solutions, including cutting-edge AI and ML applications. The emph...
Budget reaction quote by Varun Babbar, MD India and SAARC for Qlik
Strengthening its commitment to India, global cybersecurity company Fortinet on Tuesday announced two dedicated data centres to expand the reach and availability of its Universal SASE, AI-powered Security Services, and FortiCloud for customers across India and SAARC. The new data centres announced are in Pune and Bengaluru and will add to the company's existing Development Centre and Support Centre investments in India. "As Fortinet strengthens its presence with the addit...
Fortinet strengthens India commitment, opens 2 new data centres
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