GJEPC seeks reduction in import duty in Budget
The council has urged to reduce the import duty on gold, silver and platinum from 12.5 per cent to 4 per cent.
In first trial of end to end refrigerated shipments, Maersk helps chillies from Varanasi reach UAE in 9 days
The eastern part of UP comprisin...
UAE introduces multi-entry tourist visas for five years for all nationalities
The new tourist visa will be valid for 5 years and can be used ...
RCEP offers $125 billion market for domestic companies
RCEP offers a market potential of $125-million to Indian firms, as per a World Trade Centre study.
Crude oil outlook turns bearish on US-Iran relief, surplus fears
Crude oil prices, however, may get some boost from phase one of US-China trade deal.
India engages with Iran to keep Strait of Hormuz safe
Two-thirds of the oil and half the liquefied natural gas India imports come through the strait between Iran and Oman. As much as 18 million barrels of oil pass through the Strait of Hormuz every day, accounting for one-third of the global oil trade. A third of the world’s LNG trade also passes through the strait.
Gems & jewellery eyes new markets
Exports of gems and jewellery fell 4.66 per cent year-on-year in April-November 2019 and the trend is likely to persist in the rest of the current fiscal.
UAE’s top companies to invest in food, logistics in Punjab
As one of the partner countries for Progressive Punjab Investors Summit (PPIS) 2019, UAE is looking at increasing its stake in the state’s development and growth by strengthening their existing strategic ties.
Ant Financial places $150 million on Zomato table at $3 billion valuation
Zomato was last valued at $2 billion when it picked up capital last year after it sold its UAE delivery business to Berlin-based Delivery Hero for $172 million (Rs 1,220 crore) and separately raised $105 million.
View: India is the most exposed major economy to turmoil in West Asia
The total impact of the Soleimani assassination on Indian economy at this stage can thus be conservatively put at a ball-park figure of $50 billion, or nearly 2% of India’s GDP.
PM Modi, Abu Dhabi crown prince discuss ways to improve India-UAE trade, cultural ties
The two leaders also discussed the "full spectrum of the strong India-UAE partnership", which has been "built over generations", External Affairs Ministry spokesperson Raveesh Kumar said.
Dubai chamber plans to boost India-UAE trade by 60% in five years
Dubai and India plan to expand economic cooperation in the future, in fields such as IT, manufacturing, infrastructure and finance.
Qassem Soleimani death stalls rally on D-Street: Why is it such a bad news?
Iranian Supreme Leader Ayatollah Khamenei said ‘severe retaliation’ awaits Soleimani killers.
Pakistan set to miss 4% GDP growth: Central Bank
The large-scale manufacturing sector in the country witnessed a decline of 5.9 per cent in Q1-FY20 on YoY basis. This contraction was broad-based, as construction-allied industries, petroleum and automobile industries continued on downward path.
India, UAE trade to expand on initiatives like e2e: DP World
It said DP World remains committed to India''s vision of ''Make in India'', and Dubai's ambition to remain the regions top trading hub and India''s gateway to global markets.
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