Madhya Pradesh government inks MoU with NDDB for promoting milk production: CM Mohan Yadav

Chief Minister Mohan Yadav said on Wednesday that the Madhya Pradesh government has signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), aimed at increasing the milk production in the state.  CM Yadav made this announcement after a meeting with Union Home Minister Amit Shah, who also holds the portfolio of … Read more

Semicon India 2024: Entrepreneurs hail first-of-its kind initiative, call for more such events

As the three-day Semicon India 2024 event kicked off in Greater Noida on Wednesday, entrepreneurs and traders were a happy lot as they got to showcase their products and also a chance to connect with respective global business partners.  Many traders at the exhibition welcomed the first-of-its-kind initiative by Prime Minister Narendra Modi-led government and … Read more

Trade Connect e-Platform to help achieve $1 trillion merchandise export target: Minister

Reiterating the $1 trillion merchandise and $1 trillion services export target for 2030, Union Commerce Minister Piyush Goyal said on Wednesday that the target can be achieved with the new ‘Trade Connect e-Platform.’  The platform is a single window initiative that is fast, accessible and transformational as it will enable exporters to add newer markets. … Read more

Semiconductor tech will make India world`s third largest economy: Union Minister

Union Minister of State for Commerce and Industry, Jitin Prasada, on Wednesday credited Prime Minister Narendra Modi for hosting the three-day 'Semicon India 2024' at Greater Noida, saying India will soon become the world’s third largest economy due to its semiconductor technology.  “It is due to the resolve and vision of the Prime Minister that … Read more

Dollar firm after inflation data douse bets for big Fed cut

The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week. Meanwhile, a quarter-point rate reduction from the European Central Bank (ECB) is widely expected later on Thursday, with investors anxious … Read more

Indian shares set to open higher

Indian shares are set to open higher on Thursday on expectations of a rise in foreign inflows into domestic equities after U.S. inflation data firmed bets of a 25 basis point Federal Reserve rate cut. The GIFT Nifty was at 25,076 points, as of 08:20 a.m. IST, indicating the NSE Nifty 50 will open above … Read more