Browsing: Business
The company’s executive vice president, Mohammed Al Muallem, said DP World holds a large market share in India’s ports sector. Its logistics assets cover major shipping centers including the National Capital Region and Ahmedabad and Mumbai. In Chennai and Hyderabad,
Bitcoin fell below $27,000 for the first time in over 16 months on Thursday. This was amid concerns about rising inflation and the collapse of a controversial stablecoin project. According to Bitstamp data, Bitcoin sank as low as $26,595.52 Thursday
The Commerce and Industry Minister of India, Piyush Goyal, recently said that India is considering negotiating a Preferential Trade Agreement (PTA) with Oman. He was speaking at the 10th Meeting of the India-Oman Joint Business Council in New Delhi. The
Meetings between an Emirati delegation, led by UAE Minister of Economy Abdullah bin Touq Al Marri, and the Indian business community began in India. The meetings addressed promising investment opportunities across various strategic sectors in both countries under the framework
To facilitate the growth of India’s cargo sector, the government plans to build 33 new domestic cargo terminals by 2024-2025. Civil Aviation Minister Jyotiraditya Scindia made this statement during the annual event of Air Cargo Forum India. As for the
The UN Food and Agricultural Organization (FAO) reports that world food prices decreased at the end of April after reaching an all-time high in March amid the conflict in Ukraine. In April, the FAO Food Price Index was 158.2 points,
After concluding his successful visit to Germany, Denmark, and France, Indian Prime Minister Narendra Modi returned to Delhi. This was his first foreign trip in 2022. Germany’s Federal Chancellor Olaf Scholz met with Mr Modi in Berlin, and the two
After a sudden 8% decline in Swedish stocks, Citigroup Inc. said its London trading desk caused a flash crash in Europe that sent shares across the continent tumbling. A trader at the New York-based bank made an error when entering
In the wake of Income Tax investigations into Chinese mobile phone manufacturers, the Enforcement Directorate in India seized a total of INR 5,510 crores ($7.18 billion) from Xiaomi India. The company has been accused of diverting money to the parent
On Sunday, CEPA, the landmark Comprehensive Economic Partnership Agreement, came into force between India and the United Arab Emirates. CEPA was signed by both countries in February this year and came into force on Monday. In a function held today
