India's Defence Growth Outpaces China in 2024: SIPRI
SIPRI reports global arms revenue hit a record $679B in 2024. India's HAL, BEL, MDL grew 8.2% to $7.5B, while Chinese firms declined. Explore the shifting dynamics.
Category : Trade & Export
Dakshina Kannada Designated as District Export Hub
Union Minister Jitin Prasada announces Dakshina Kannada as a District Export Hub. The DEH initiative targets local export barriers in logistics and warehousing. Read more.
India's Arecanut Imports Hit 42,230 Tonnes: Goyal
Union Minister Piyush Goyal reveals India imported 42,230 tonnes of arecanut last fiscal. While export value rose 35.69% in a decade, volume remains stagnant. Get the full analysis.
Iraqi company accuses Gujarat couple of Rs 1.63 crore fraud
An Iraqi trading company accuses a Gondal couple of cheating it of Rs 1.63 crore in a groundnut and sesame export deal. Legal action initiated. Read the full details of the alleged fraud.
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DGCA Probes Air India for Safety Certificate Lapse
DGCA investigates Air India for operating a Boeing 777 without a valid Certificate of Airworthiness. The airline faces scrutiny over repeated safety lapses. Read the full report.
Delhi-Dehradun Expressway trial starts on Delhi-Baghpat route
The Delhi-Dehradun Expressway's 32-km trial stretch is now open, slashing travel time. No toll for a month. Get details on the eco-friendly project and its impact.
China's Shadowy Path to Nvidia AI Chips Amid US Curbs
Despite US export controls, China accesses restricted Nvidia AI chips via Malaysian data centers and smuggling networks. Explore the complex grey market and its global implications.
Punjab CM Mann leads delegation to Japan, South Korea for investment
Punjab CM Bhagwant Mann leads a high-level delegation to Japan and South Korea for investor outreach ahead of the Progressive Punjab Summit. The mission aims to boost economic ties and engage with the diaspora.
Pune Hosts India-Japan Business Meet 2025, Launches New Initiatives
The India-Japan Business Meet 2025 in Pune concluded with the launch of PCC&I and Lord Buddha Finance Ltd., aiming to fuse Indian resources with Japanese tech for new economic opportunities. Discover the future of Indo-Japanese collaboration.
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Chinese firms find legal loopholes in rare-earth export curbs
Chinese magnet makers are tweaking formulas and embedding products in motors to legally bypass Beijing's export restrictions, maintaining crucial supplies to Western industries. Discover the strategies and geopolitical tensions.
India's $18B Russia Energy Investment Stands Strong
Former Ambassador Ajai Malhotra confirms India's $18 billion investment in Russian oil & gas, asserting national interest over external sanctions. Read why India's strategic energy partnership continues to grow.
Israel's IAI to meet India's 30% 'Made in India' refueller rule
Israel Aerospace Industries is prepared to meet India's 30% indigenous content requirement for its mid-air refueller bid, boosting the 'Make in India' initiative in defence.
Cyber Monday Sales Hit $14.2 Billion in US
Cyber Monday 2025 sees US shoppers spending a record $14.2 billion online, a 6.3% jump from 2024. Get the latest data and analysis on this global shopping phenomenon.
CME Hog Futures Drop on Technical Selling, Spain Swine Fever
Chicago hog futures closed lower as technical selling offset export optimism from Spain's African swine fever outbreak. Cattle futures also declined. Get the full market analysis.
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Punjab CM's Investor Mission to Japan, South Korea
Punjab CM Bhagwant Mann leads a delegation to Japan & South Korea to attract investments for the 2026 Progressive Punjab Investors' Summit, highlighting the state's business-friendly reforms.
India-EU FTA Push: Legal Team Told to Avoid Leaves
India intensifies efforts to finalize the trade deal with the EU by next month. Key issues like carbon tax and market access remain as a crucial EU team visits Delhi. Read the latest updates.
Air India Express Suspends 4 Weekly Gulf Flights from Trichy
Air India Express suspends 4 weekly flights from Trichy to Dammam, Kuwait & Doha, disrupting travel for expatriates and affecting cargo. Passengers face costly, tedious alternatives. Read more.
Bangladeshi Traders Return to Kolkata's Bidhannagar Mela
Bangladeshi traders are back at Kolkata's Bidhannagar Mela Utsav with popular garment and saree stalls after missing last year due to political tensions. The fair runs till Dec 21. Read more.
Madurai Hosts Sangam5 Global Tamil Entrepreneurs Summit
Madurai prepares for Sangam5, the 16th Global Tamil Entrepreneurs Summit from Jan 8. Over 2000 delegates from 50+ countries expected. Read about the agenda and economic impact.
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Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Mysuru Railway Station Mahotsav Highlights Heritage & Growth
South Western Railway's Mysuru division celebrated Station Mahotsav, honouring its royal origins and daily 60,000 passengers. A Rs 395.7 crore redevelopment is underway. Read more about this historic hub's future.
UP Accelerates Export-Oriented Industry & Logistics Hub Development
Uttar Pradesh announces a push for export industries, world-class manufacturing zones, and logistics hubs. Minister Nand Gopal Gupta 'Nandi' revealed special incentive packages to attract global investment.
Himadri's First Shipment from New Mangalore to Middle East
Himadri Speciality Chemical Ltd expands export routes, shipping 3,600 tonnes of liquid coal tar pitch from New Mangalore Port to the Middle East, boosting India's carbon materials trade.
Invest UP Singapore Desk Meets Envoy to Channel Investments
Invest UP's Singapore desk held a strategic meeting with India's High Commissioner to Singapore, Dr Shilpak Ambule, to discuss new avenues for channeling investments into Uttar Pradesh's booming industrial landscape.
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UP's Ambitious IT Export Plan: 10% by 2030, 20% by 2047
Uttar Pradesh sets a bold target to double its share of India's IT exports to 10% by 2030, aiming for 20% by 2047. Key officials outline strategy at Viksit Bharat workshop.
Ashtamudi Lake Clams Recover After CMFRI Stock Enhancement
Early signs of recovery in Ashtamudi Lake's short-neck clam population emerge after CMFRI's hatchery release. A 3-month fishery closure is recommended to protect juveniles. Read more.
Meghalaya Aims for 1 Lakh Hectares Organic Land by 2028
Meghalaya CM Conrad Sangma declares organic farming intrinsic to state's identity at NE India Organic Week. State targets certifying 1 lakh hectares as organic by 2028, promoting global knowledge sharing.
Vande Bharat, Rajdhani trains delayed due to fog, track work
Dense fog in North India and ongoing safety work in Odisha cause major delays for premium trains like Vande Bharat and Tejas Rajdhani. Passengers face inconvenience as multiple long-distance trains run hours behind schedule. Get the latest updates.
German Ambassador Praises India's 8.2% Growth, Investment Climate
German Ambassador Philipp Ackerman lauds India's impressive 8.2% GDP growth, stating it makes the country more attractive for foreign investment. Read his insights on economic ties.
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Karaikudi Station Gets ₹20.34 Crore Upgrade with New Facilities
Southern Railway completes a major ₹20.34 crore renovation of Karaikudi station, adding lifts, new FOB, AC waiting room & heritage art. A key hub for Tamil Nadu gets a passenger-friendly makeover.
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