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India Eyes Tripling Medical Device Exports To Russia in 5 Years

New Delhi, April 23 -- India's exports of medical devices to Russia could potentially triple in the next five years through increased collaboration between the two countries, according to the Associat... Read More


India's Major Ports See 5% Rise in Cargo Traffic in FY24

New Delhi, April 23 -- India's major ports handled 819.3 million tonnes (mt) of cargo traffic in the fiscal year 2023-24, registering a year-over-year increase of around 5 per cent, driven by rising i... Read More


ONGC Launches Fresh Bid for Geothermal Power in Ladakh

Ladakh, April 23 -- Oil and Natural Gas Corporation (ONGC) is making another attempt to tap into geothermal energy in the Ladakh region, after a previous well drilling effort failed in 2022. The sta... Read More


Small Exporters Urge Extension Of Amnesty Scheme For Default Settlement

New Delhi, April 23 -- Small exporters in India have requested the government to extend the amnesty scheme for one-time settlement of default in export obligations until September 2024. The appeal co... Read More


India, EU to Hold Key Security & Defence Talks in May

New Delhi, April 23 -- India and the European Union are preparing for their next round of bilateral security and defence consultations in early May in New Delhi. The talks will cover a range of strat... Read More


Indian Startups Raise USD 2 Billion in Q1 Amid Steady Funding Environment

New Delhi, April 23 -- Indian startups raised USD 2 billion in funding in the January-March 2024 quarter, according to data from market research firm Tracxn. While this marks a 40 per cent decline f... Read More


Sona Comstar Opens Plant In Mexico To Produce Driveline Systems For Battery Electric Vehicles

New Delhi, April 23 -- Sona BLW Precision Forgings (Sona Comstar), an Indian auto components maker, has inaugurated a new manufacturing facility in Silao, Mexico to produce driveline systems for Batte... Read More


Robust Demand Driving India's Business Activity To 14-Year High: HSBC Survey

New Delhi, April 23 -- India's business activity expanded at the fastest pace in nearly 14 years this month, driven by robust demand, according to an HSBC survey released on Tuesday. The survey also... Read More


India Gears Up For World Bank's B-READY Report, Aims to Showcase Business Environment Reforms

New Delhi, April 22 -- As the World Bank prepares to launch its new flagship Business Ready (B-READY) report assessing business environments worldwide, the Indian government has initiated early prepar... Read More


Hyderabad-Based Space Startup Dhruva Space Secures $9.6M Funding, Aims For Vertical Integration

Chennai, April 22 -- In a significant move towards vertical integration in India's burgeoning space technology sector, Dhruva Space, a Hyderabad-based startup, has raised Rs 78 crore (USD 9.6 million)... Read More