India's Textile Exports Declined By 3% in FY24

Chennai, April 19 -- India's textile exports took another hit in the 2023-24 fiscal year, dropping by over USD 1 billion or 3 per cent from the previous year to USD 34.4 billion. Compared to 2021-22... Read More

Sugar Industry Outlook Remains Positive Amid Rising Ethanol Production: AISTA

New Delhi, April 19 -- Driven by steady growth in sugarcane production and the government's successful ethanol blending program the outlook for the Indian sugar sector remains positive, according to A... Read More

India Holds Consultations On EV Policy Guidelines Ahead Of Potential Tesla Entry

New Delhi, April 19 -- In a significant development aimed at advancing the electric vehicle (EV) sector, the Indian government convened its first consultative meeting with leading automobile manufactu... Read More

Nearly 50 FDI Proposals Stuck In Limbo; DPIIT Urges Timely Action

New Delhi, April 19 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has called on 17 government departments to expedite decision-making on nearly 50 Foreign Direct Investment (F... Read More

DPIIT Promotes Digital Commerce In J&K, Calls On Startups To Join ONDC

Jammu, April 19 -- In a bid to bolster the digital commerce ecosystem in Jammu & Kashmir, Sanjiv Singh, Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), has ... Read More

Defence Chief Urges DRDO For Collaboration With Start-ups For Cutting-Edge Space Solutions

New Delhi, April 19 -- Chief of Defence Staff (CDS) General Anil Chauhan has emphasised the need for the Defence Research and Development Organisation (DRDO) to work closely with the Indian start-up c... Read More

Tesla Power India & E-Ashwa Partner For Fire-Safe Electric 2-Wheelers

New Delhi, April 19 -- In a groundbreaking move to elevate safety standards for electric vehicles (EVs) across India, Tesla Power India Pvt. Ltd. and E-Ashwa Automotive have forged a partnership to in... Read More

IFSCA To Develop Framework To Make GIFT City 'Climate Finance Hub'

Gandhinagar, April 18 -- The International Financial Services Centres Authority (IFSCA) has established a standing committee to develop a framework for launching climate finance products, as part of e... Read More

India Eyes Review Of 2011 FTA With Japan To Address Trade Imbalance

New Delhi, April 18 -- India is likely to initiate negotiations with Japan in the coming months to review their 2011 free trade agreement (FTA), formally known as the Comprehensive Economic Partnershi... Read More

World Bank Plans $1 Billion Line Of Credit To SBI For India's Clean Energy Drive

New Delhi, April 18 -- The World Bank is planning to provide a USD 1 billion line of credit to the State Bank of India (SBI) to accelerate India's transition to clean energy, according to sources fami... Read More