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India's Trade Dependence On China & EU Grows Despite Efforts To Cut Reliance: UNCTAD Report

New Delhi, April 1 -- India's trade dependence on China and the European Union increased by 1.2 per cent in 2023, despite government efforts to reduce reliance on Chinese imports through schemes like ... Read More


AI-Powered Communication Platform Daakia Raises Rs 4 Cr In Funding Round

New Delhi, March 29 -- Bengaluru-based Daakia Private Limited, an AI deep tech startup in the enterprise SaaS and digital communications sector, has secured Rs 4 crore in seed funding. The round was... Read More


Haryana Governor Lauds MSMEs In Driving India's Economic Growth

Faridabad, March 29 -- Haryana Governor Bandaru Dattatreya highlighted the pivotal role of Micro, Small and Medium Enterprises (MSMEs) in driving India's economic progress. Speaking at a national MS... Read More


Consumer Ministry To Check Efficacy Of Star Rating Claims For White Goods

New Delhi, March 29 -- Amid growing complaints from consumers about inflated pricing of star-rated white goods, the Consumer Affairs Ministry is set to validate the energy efficiency claims behind the... Read More


FOSTTA Mandates Agent Details To Curb Textile Trade Frauds, FISME Calls For Public Database

Surat, March 29 -- In a bid to prevent frauds related to non-payment for textile goods after purchase, the Federation of Surat Trade and Textile Association (FOSTTA) has introduced a standard operatin... Read More


MAHAPREIT Invites Bids For 400 MW MSME Rooftop Solar Project In Maharashtra

Mumbai, March 29 -- The Mahatma Phule Renewable Energy & Infrastructure Technology Limited (MAHAPREIT) has issued a Request for Proposal (RFP) seeking bids fr0m solar developers to implement 400 M... Read More


RBI Data Shows Accelerated Borrowing In Key Sectors Fuels Industry Credit Growth

New Delhi, March 29 -- The Reserve Bank of India's (RBI) latest data on sectoral deployment of bank credit, released on Thursday, has revealed that accelerated borrowing by key sectors like infrastruc... Read More


India's Trade Policies Adapt To Growth, Eye $2 Trillion Exports By 2030: Piyush Goyal

New Delhi, March 29 -- India's trade policies are tailored to support its growth trajectory while remaining open to further expansion, according to Union Minister Piyush Goyal. Speaking at the Busin... Read More


Yen Depreciation Not A Concern For Indian Exports To Japan: FIEO

New Delhi, March 29 -- The recent depreciation of the Japanese yen is not anticipated to adversely affect India's exports to Japan, clarifies the Federation of Indian Export Organisations (FIEO). Wh... Read More


Defence Ministry Reorganises DGQA Processes To Streamline Procurement

New Delhi, March 29 -- The Department of Defence Production under the Ministry of Defence has issued a notification for the reorganisation of the Directorate General of Quality Assurance (DGQA). Thi... Read More