Asia-Pacific deal exercise down by 10% however India bucks the pattern

Deal exercise within the Asia-Pacific area skilled a 9.9 per cent year-over-year decline within the first seven months of 2024. A complete of seven,966 offers have been introduced within the area throughout this era, down from 8,840 within the earlier yr, in line with analysis agency GlobalData. This decline was noticed throughout all deal varieties, … Read more

India open to resolving $3.9 billion tax dispute with Infosys

India will discover methods to resolve tax disputes with main firms together with Infosys Ltd. and overseas airways, folks accustomed to the matter mentioned, suggesting New Delhi is open to creating lodging to keep away from hurting investor sentiment within the South Asian nation. Authorities are exploring choices to settle with firms together with Infosys, … Read more

Bangladesh disaster slows down garment transshipment from Delhi

The current political upheaval in Bangladesh quickly halted the transshipment of ready-made clothes by way of Delhi however after days of the logjam, the scenario has eased. Consignments that had been caught on the India-Bangladesh border are actually en path to Delhi and the airport operator has chalked out plans for fast processing of products … Read more

India launches anti-dumping probe into metal imports from Vietnam

India has initiated an anti-dumping investigation on imports of hot-rolled flat metal merchandise coming in from Vietnam. The investigation will cowl each non-alloyed and alloyed metal choices. Stainless-steel merchandise aren’t part of the probe. As per a notification from the Commerce Minister, as accessed by businessline, the probe will probably be carried out by the … Read more

Bangladesh turmoil: Govt, garment exporters weigh alternatives for India

Textile Ministry has held preliminary discussions with business gamers on the attainable implications of the Bangladesh political disaster on Indian attire and textile exports. The main target of those discussions was on how Indian exporters might acquire from a possible ‘Bangladesh plus one’ state of affairs that would come up if overseas manufacturers sourcing from … Read more

India needs enchancment in commerce with Bangladesh, says Commerce Secretary

Disruptions in India’s commerce with Bangladesh have been largely addressed and the federal government is hoping for full restoration of exports and imports as quickly as potential, Commerce Secretary Sunil Barthwal has mentioned. Additionally learn: India lacks capability to grab ‘Bangladesh alternative’ for ready-made clothes, say specialists “We’re monitoring the commerce which is occurring throughout … Read more

Overseas Secretaries’ of India, Nepal meet; focus on bilateral ties and growth tasks

As a part of his two-day go to to Nepal, Overseas Secretary Vikram Misri met his Nepalese counterpart Sewa Lamsal on Monday. Misri’s go to is critical because the international locations discover bilateral ties and developmental tasks, together with in hydropower and increasing connectivity. Misri additionally met Nepal’s Prime Minister Okay P Sharma Oli and … Read more

Who’s Muhammad Yunus, head of Bangladesh’s new caretaker authorities?

Bangladeshi Nobel Laureate Muhammad Yunus, a well known critic and political opponent of Sheikh Hasina, has been appointed as the brand new head of the caretaker authorities in Bangladesh following Hasina’s ouster. The appointment is available in response to calls for from protesting pupil leaders and army in addition to civil society members to nominate … Read more

India in a dilemma over how lengthy it may possibly shelter ousted Bangladeshi PM

India is in a good spot following Bangladesh’s former Prime Minister Sheikh Hasina taking refuge within the nation after fleeing violent protestors in Dhaka as there is no such thing as a readability on when she’s going to be capable of discover one other nation that may supply her asylum. The UK and the US … Read more