The State Bank of India and the India Exim Bank are helping businesses in African countries to fill the gap in trade finance, the South African heads of the two organisations told the India Entrepreneurs Forum (IEF) here. The event was initiated by Consul General of India Mahesh Kumar who said it is the first of a series of ongoing engagements with the IEF.
The Bilateral Investment Treaty (BIT) between India and the United Arab Emirates came into force from August 31, 2024. Replacing the earlier Bilateral Investment Promotion and Protection Agreement (BIPPA).
Mango growers in Uttar Pradesh are poised to receive higher prices for their produce thanks to a new initiative from the central govt. A pilot project is currently underway to enhance the export of 20 selected fruits and vegetables, including mangoes, via sea routes, which could potentially open up lucrative international markets for these farmers.
With the finance ministry seeking 'justification' for continuing the Interest Equalisation Scheme (IES) for exporters, the commerce department is exploring ways to revamp it to ensure the scheme meets the objectives outlined during its launch nine years ago.
German Chancellor Olaf Scholz on Friday (October 25) expressed Germany’s interest in accelerating negotiations for a comprehensive free trade agreement (FTA) between India and the European Union (EU).
The West Bengal government on Friday said its export and logistics policies will strengthen the state's export sector, which currently generates approximately USD 11.7 billion in merchandise exports.
Maharashtra leads the way in millet consumption in the country with a per capita consumption of 39 kg per month, followed by Rajasthan (33 kg), Gujarat (17 kg), Karnataka (13.5 kg) and Tamil Nadu with 11.4 kg.
The Export-Import Bank of Korea (KEXIM) has expressed its interest in collaborating with the government of Andhra Pradesh on a variety of infrastructure projects. A meeting was held on Thursday at the Andhra Pradesh Secretariat, where KEXIM representatives engaged with state officials to explore potential partnerships.
