LAHORE: The short-term Punjab budget for 2023-24 lacks basic information and some of the provisions made under various heads need clarification including the bloc allocation of Rs325 billion for development schemes and Rs70bn subsidy for the poor.
“The budget document lacks details about the allocations made for various sectors. The...
BENGALURU: Egyptian supply minister Ali Moselhy said on Monday that no credit line had been opened with India but discussions were ongoing regarding payments for imports using currencies other than the dollar.
India was providing Egypt with a credit line worth an unspecified value. The news agency said that the minister did not give...
New Delhi: The 12th edition of the joint military exercise "Ex Ekuverin" between the Indian Army and the Maldives National Defence Force has commenced at Chaubatia, Uttarakhand. The exercise, which started on 11 June, will continue until 24 June, 2023, the defence ministry said.
Ekuverin meaning ‘Friends’ is a bilateral...
In another potential victory for India's defence export, India could sell its BrahMos supersonic anti-ship cruise missile to Vietnam.
According to a report, Vietnam is interested in acquiring three to five batteries of BrahMos missile.
With each battery of the system costing more than $125 million, the deal could be worth...
Bilateral trade between India and Myanmar could rise significantly from current level of $1.76 billion once rupee trade settlement mechanism is established, said P K Shah, Chairman of the Committee on Foreign Trade Policy & WTO and Past Chairman, EEPC India at an interactive session with U Aung Naing Oo, Union Minister, Ministry of Commerce, The...
TOKYO: In the more than two years since -- Myanmar's military took control of the government, China has clearly become the biggest backers of the generals who now hold power.
While many saw China becoming heavily involved in Myanmar to gain access to strategic points in the Indian Ocean, there...
Singapore is well-known for being an easy place to do business. Among the factors that play to the city-state's advantage is an attractive tax system, an extensive network of tax treaties, ready availability of quality human capital, geopolitical stability, accessibility to financing, connectivity to the rest of the world, and...
The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor in India during 2022-23, according to government data.
In the last fiscal, foreign direct investment (FDI) from the UAE to India jumped over three-fold to USD 3.35...
India is eyeing to expand its defence industrial partnership with Sri Lanka amid China’s growing presence in the Southern Indian Ocean Region.
The first-ever India-Sri Lanka defence seminar and exhibition was held at Colombo last week to identify newer areas of cooperation whilst ensuring capacity building of Sri Lanka Armed Forces.
President Droupadi Murmu and Serbian counterpart Aleksandar Vucic on Thursday agreed to set a target for bilateral trade from the present 32 crore Euros to one billion euros by the end of the decade, Ministry of External Affairs said on Thursday.
During the business event, both leaders agreed to set...
