Imports

The Indian Lithium Ion Cell and Battery Market is expected to grow in the at a CAGR of 36.3% by 2023, driven by increased use of lithium ion battery in electric vehicles, said a ResearchAndMarkets report.

Russia’s Deputy Prime Minister, Yuri Trutnev and Commerce Minister Piyush Goyal have underlined the need to diversify and deepen trade links in priority sectors, in order to meet the trade target of US$30 billion by 2025.

India is looking to gain from the investment-friendly Russian stance in the natural resource-rich region during a Commerce and Industry Minister Piyush Goyal-led delegation visit to Vladivostok.

Tiffany & Co plans to open new stores in Delhi in fiscal 2H 2019 and Mumbai in 2H 2020, capitalizing on its already strong image and brand awareness in this emerging and style conscious luxury market.

Austin’s GRC (Green Revolution Cooling) high quality immersion-cooling products, including ICEraQ™, ICEtank™, HashRaQ™, and HashTank™ to the Indian data center market, which is one of the largest in the Asia Pacific Region.

Defence Minister Rajnath Singh has called for the development of Hypersonic Missiles technology to enhance defence capabilities of the Indian Armed Forces.

The Commerce Secretary Dr. Anup Wadhawan has expressed India’s concerns regarding market access and other issues leading to imbalanced trade between some of the partner countries at the Regional Comprehensive Economic Partnership meeting in Beijing.

Alameda’s Exelixis, Inc. (Nasdaq: EXEL) has entered into an exclusive collaboration, option and license agreement with Aurigene Discovery Technologies Limited, the India-based discovery biotechnology company focused on oncology and inflammatory disorders.

The Indian bonds was volatile over the past week on uncertainties over the maiden offshore sovereign bonds issuance, according to a report by Singapore’s DBS Group Research on 31 July 2019.

S&P Global Ratings said that a relaxation in India's foreign currency borrowing rules is credit positive for Indian companies, which includes corporates and nonbank financial institutions.