Exports

Singapore, with market size of US$327 billion, had always been an important strategic trading post, giving India trade access to the Far East, said Ganesh Kumar Gupta, President of the Federation of the Indian Export Organizations on 25 Jan 2019.

A Singapore exhibition of Indian origin products has the potential to grow into a major platform for Indian exporters to reach out to the ASEAN markets of 640 million people of which 6.1 million are of Indian origin.

The Cabinet has given ex-post facto approval for amendment to the 'Framework on Currency Swap Arrangement for SAARC Member Countries' to incorporate a 'Standby Swap' amounting to US$400 million.

Mitsubishi Electric Corporation said its "India Coimbatore FA Center" in Coimbatore will further strengthen the service network of the company’s factory automation (FA) products in India and facilitate expansion of its FA system business.

The Jawaharlal Nehru Port Trust (JNPT), India’s premiere container port got listed amongst the top 30 container ports globally, as per the latest Lloyds Report.

India will host global steel industries at a three-day India Steel 2019 Exhibition and Conference being held in Mumbai 22-24 January 2019.

India will host the 2nd World Integrated Medicine Forum 2019 on the ‘Regulation of Homeopathic Medical Products; Advancing global collaboration’ being organized from 23-25 January 2019 in Goa.

RBI meets industry chambers     The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Reserve Bank of India (RBI) to consider cutting the repo rate and CRR to enable lowering of lending rates by banks....

Larsen & Toubro Infotech Ltd has acquired Ruletronics, a pure-play Pega® consulting and implementation company with offices in the UK, USA, and India.

R. K. Singh, Minister of State for Power, New and Renewable Energy, has set a two-year deadline for completing Rs.620 crore 400/220/132 kV POWERGRID Sitamarhi Sub-station in Bihar, power from which will be supplied to Nepal.