Brewing crisis. Spinning mills in Coimbatore to stop production and sale of yarn from Saturday
Mills are incurring huge losses due to import duty on cotton yarn and high electricity charges, say industry associations
#Textile
https://t.co/6dR537F3QF
Mills are incurring huge losses due to import duty on cotton yarn and high electricity charges, say industry associations
#Textile
https://t.co/6dR537F3QF
BusinessLine
Spinning mills in Coimbatore to stop production and sale of yarn from July 15
Crisis brews in Coimbatore's spinning mills due to heavy losses. Export of yarn and textiles down 28%, cotton price per candy โน58K, 40's yarn โน235/kg. Conversion cost of cotton to yarn only โน1, mills incurring loss of โน40/kg. Banks' interest rates up, TANGEDCOโฆ
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Taiwan Hit By Biggest Export Decline In 14 Years, #Semiconductor Chip Exports Down By 20.8%
#InternationalNews
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#InternationalNews
https://ift.tt/ey6QKAV
Swarajyamag
Taiwan Hit By Biggest Export Decline In 14 Years, Semiconductor Chip Exports Down By 20.8%
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Another Cheetah Dies At Kuno National Park, 8th Death In 4 Months โผ๏ธ
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IIT Delhi will set up its campus in Abu Dhabi, UAE. Both countries signed MoU.
#India #ForeignAffairs #Education
Source
#India #ForeignAffairs #Education
Source
The Hindu
IIT Delhi to set up campus in Abu Dhabi
Union Ministry of Education and Abu Dhabi's Education and Knowledge Department (ADEK) sign MoU to set up IIT Delhi campus in UAE.
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India, UAE to settle trade in local currency, link payment mechanisms of the 2 countries.
#India #Economy #NWO
Source ๐
#India #Economy #NWO
Source ๐
The Economic Times
India, UAE sign MoUs for promoting local currencies in cross-border trade
The Reserve Bank of India and the Central Bank of UAE (CBUAE) have signed two Memorandum of Understanding (MoU) to boost local currency use for cross-border transactions and to link their payment and messaging systems. A Local Currency Settlement System (LCSS)โฆ
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Sri Lankan President Ranil Wickremesinghe said Sri Lanka is not averse to using rupee as common currency. He said they would like to see rupee being used as much as US dollar. #IndianSubcontinent #NWO
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France Dassault Aviation Says It Has Won The Contract For 26 Rafale-Ms Beating American F-18 Super Hornets #Defence
https://ift.tt/MeD2Ytl
https://ift.tt/MeD2Ytl
Swarajyamag
France Dassault Aviation Says It Has Won The Contract For 26 Rafale-Ms Beating American F-18 Super Hornets
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Adani group wins bid to develop Asia's largest slum Dharavi....
Total area to be developed 2.5 KM
Total people will benefit - 6.5 Lakh
Facilities - Modern flats, schools, hospitals, parking area, Parks etc.
Cost - 5,069 crore
Timeline - 7 years.
Each slum owner will be entitled to a minimum of 405 sq. ft. unit of carpet area.
#India #Economy #Infra
Source ๐
Total area to be developed 2.5 KM
Total people will benefit - 6.5 Lakh
Facilities - Modern flats, schools, hospitals, parking area, Parks etc.
Cost - 5,069 crore
Timeline - 7 years.
Each slum owner will be entitled to a minimum of 405 sq. ft. unit of carpet area.
#India #Economy #Infra
Source ๐
Swarajyamag
Maharashtra Government Officially Awards Rs 23,000 Crore Dharavi Slum Redevelopment Project To Adani Realty 8 Months After Winningโฆ
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Indian Development News ๐ฎ๐ณ
India, UAE to settle trade in local currency, link payment mechanisms of the 2 countries. #India #Economy #NWO Source ๐
This is India's first ever Local Currency Settlement (LCS) System MoU. Reduces transaction costs and time & increases reliance on national currencies.
Under the newly implemented LCS system, the first transaction involved sale of 25 Kg Gold from a leading UAE gold exporter invoiced at approx 12.84 crore Rupees.
#Economy #NWO ๐ฎ๐ณ๐ค๐ฆ๐ช
Under the newly implemented LCS system, the first transaction involved sale of 25 Kg Gold from a leading UAE gold exporter invoiced at approx 12.84 crore Rupees.
#Economy #NWO ๐ฎ๐ณ๐ค๐ฆ๐ช
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Indian Railways to design and manufacture a new train named 'Vande Sadharan', a non-AC train with 8 unreserved & 12 sleeper class coaches.
#Infra #India #Railways
#Opinion: It's a bad idea:
1. We know a non-ac open train cannot be run at high speeds due to openings.
2. Its high time, the government should stop considering AC as a luxury, but start treating it as necessity
#Infra #India #Railways
#Opinion: It's a bad idea:
1. We know a non-ac open train cannot be run at high speeds due to openings.
2. Its high time, the government should stop considering AC as a luxury, but start treating it as necessity
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Safran and HAL announce plans to form a joint venture in Bangalore to co-develop engines for the 13 ton Indian Multirole Helicopter(IMRH) #Defence ๐ฎ๐ณ๐ค๐ซ๐ท
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Indian Football team likely to miss #AsianGames in China as it fails to qualify Sports Ministry Top-8 criteria in Asian Football Ranking.
#Sports #Football
Source ๐
#Sports #Football
Source ๐
The Indian Express
Indian football team unlikely to play at Asian Games for second successive edition
Government rules state teams ranked inside top-8 in Asia will be sent for the multi-sport event; the football team, ranked 18th, does not meet the criteria.
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WHO warns of โcancer riskโ from aspartame, but โ38% urban Indiansโ use artificial sweeteners monthly #Health
Read here
Read here
ThePrint
WHO warns of โcancer riskโ from aspartame, but โ38% urban Indiansโ use artificial sweeteners monthly
Survey by community-based social media platform LocalCircles reveals diet soda & sugar-free chewing gum are the most common products containing artificial sweeteners consumed by urban Indians.
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India weighs better market access to join IPEF trade pillar
๐As of now, market access has not been agreed upon for India, which is being seen as a crucial factor to join the trade pillar (Pillar-I), the official said. India has an observer status on the trade pillar negotiations.
๐IPEF has 14 partner countries including Australia, Brunei, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam & USA.
#India #Economy
Source ๐
๐As of now, market access has not been agreed upon for India, which is being seen as a crucial factor to join the trade pillar (Pillar-I), the official said. India has an observer status on the trade pillar negotiations.
๐IPEF has 14 partner countries including Australia, Brunei, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam & USA.
#India #Economy
Source ๐
The Indian Express
India weighs better market access to join IPEF trade pillar
As of now, market access has not been agreed upon for India, which is being seen as a crucial factor to join the trade pillar (Pillar-I), the official said. India has an observer status on the trade pillar negotiations.
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India eyes 5,000 km eastern regional waterways grid connecting Bangladesh, Myanmar: Sarbananda Sonowal
#India #Infra #Economy
Source ๐
#India #Infra #Economy
Source ๐
BusinessLine
India eyes 5,000 km eastern regional waterways grid connecting Bangladesh, Myanmar: Sarbananda Sonowal
India eyes greater presence in SE Asia, engages Myanmar, Bangladesh to push for port, waterways connectivity. India pushing for better port, waterways connectivity across 5,000 km grid to counter China's dominance in SE Asia. India engaging with Myanmar,โฆ
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India's automobile exports fell 28% in April-June due to economic crises in Africa and other developing countries, reports industry body SIAM.
#Trade #Economy
Source ๐
#Trade #Economy
Source ๐
Business-Standard
Automobile exports from India dip 28% in Q1 as several mkts hit by crisis
Automobile exports from India declined 28 per cent in the April-June period this year hit by monetary crisis in Africa and various other developing countries, according to the latest data shared by industry body SIAM.
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DBS Bank, Singaporeโs largest bank has announced opening of its IFSC Banking Unit (IBU) in #GIFT City, Gujarat. ๐ฎ๐ณ๐ค๐ธ๐ฌ
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