Australia today signed a landmark free trade agreement with the United Kingdom that will make Australian exports to the UK cheaper, create new opportunities for workers, young people and businesses and further strengthen the special relationship between our two countries. This is the most comprehensive and ambitious free trade agreement that Australia has concluded, other […]
Global debt rose to a record $226 trillion in 2020 as the world was hit by the raging Covid-19 pandemic and a deep recession, the International Monetary Fund (IMF) announced. Global debt rose by 28 percentage points to 256 per cent of gross domestic product (GDP) in 2020, the largest one-year debt surge since World […]
US President Joe Biden has signed the law to ban Chinese tech companies like Huawei and ZTE from getting approval for network equipment licences in the country. The ‘Secure Equipment Act of 2021’ had received bipartisan support prior to it being signed by the President, ZDNet reported on Friday. Last year, the Federal Communications […]
Petrol and diesel prices rose again on Thursday after a two-day break, taking its retail rates to record high levels across the country. Accordingly, in the national capital, petrol and diesel prices increased by 35 paise per litre to Rs 104.79 per litre and Rs 93.53 per litre respectively. In India’s financial capital, Mumbai, petrol […]
In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service (IMPS) of banks to Rs 5 lakh. RBI Governor Shaktikanta Das said that the limit has been raised in view of importance of the IMPS system and for enhanced consumer convenience. The current […]
Minister for Trade, Tourism and Investment Dan Tehan will travel overseas to boost trade and investment opportunities and represent Australia at multilateral engagements. Mr Tehan will travel to Indonesia, India, the United Arab Emirates, France, Italy, Belgium, and the United Kingdom. In India he will be meeting Minister for Commerce and Industry Shri Piyush Goyal. […]
BOT Operators at Visakhapatnam Port Trust (VPT) have demanded immediate reforms in the port sector, from Shipping Minister Shri Sarbananda Sonowal for effective utilization of the port infrastructure. Without suitable policy reforms, these BOT operators will not be a part of the growth path of VPT by effectively utilizing the port infrastructure and are on […]
India’s benchmark equity index S&P BSE Sensex crossed the 60,000 points milestone during Friday’s early morning trade session. Accordingly, the 30-scrip sensitive index traded at 60,166.69 points at 9.15 a.m. just after the pre-open session. The Sensex opened at 60,158.76 points from its previous close of 59,885.36 points. It took 246 days to accumulate the […]
The Nasdaq listed Sify Technologies Ltd will be setting up 200 MW capacity data centres over the next four years with a mix of hyperscale and retail facilities, said a company official. The new data centres will come up in Mumbai, Delhi and Bengaluru where the demand is expected to be more both for colocation […]
Leading sportswear giant – adidas unveiled its first flagship store in India. Located in the heart of the national capital – Connaught Place, ‘The Home of Possibilities’ store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers. Spread in 5,900 sq ft of retail area […]