"I would urge all of you to take this message to the world, to the Americans and American corporations and to the sphere of influence that each one of you has that India is the place to be, India can be your trusted partner in your supply chains, in your investment portfolio, in your business," Goyal said on Sunday as he addressed diaspora and members of the Indian-American community at a reception Jersey.
The credit worthiness outlook for sovereigns in the Asia-Pacific (APAC) region, including India for 2023 is stable as compared to the negative outlook for sovereigns globally, said credit rating agency Moody's Investors Service on Monday.
Union Budget 2023: As per a recent study, more than 67% of the fresh graduates in India struggle with their placements - employers demand evidence of experience even from fresh graduates! The 60% dropout rate of students between Class 10 and college is a result of India’s fragmented systems of education and skill building that have quite often erected barriers between working, learning and earning, rather than bridging the two worlds of employment and education.
Private jets, helicopters, high-end electronic items, plastic goods, jewellery, high-gloss paper and vitamins are among items that are on the list prepared by the government.
The TPF has five focus groups, on agriculture, investment, innovation and creativity (intellectual property rights), services, and tariff and non-tariff barriers. The meeting will be co-chaired by commerce and industry minister Piyush Goyal and US trade representative Katherine Tai.
The INR vostro facility is part of a special trade settlement mechanism which was finalized by the Reserve Bank of India (RBI) in July 2022. The arrangement allows Indian importers to deposit rupees in vostro accounts that overseas banks open with banks in India and clearing of dues to Indian exporters from the surplus balances in the vostro accounts.
Finance minister, who was speaking at an event in Kota, had a word of advice for aspiring entrepreneurs. She said they should be ready to take risks and at the same time not shy away from closing down if the venture is not working.
India's agri exports are growing at a healthy pace and there is a need to focus on the processed food sector as it holds huge potential to boost the country's outbound shipments, Trade Promotion Council of India (TPCI) said on Sunday.
Union Finance Minister Nirmala Sitharaman along with Lok Sabha Speaker Om Birla distributed loans worth Rs 2,500 crore to street vendors, small scale entrepreneurs and cattle rearers at a credit outreach program here on Sunday.