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New Policy for Overseas Borrowings: Finance Ministry

New Delhi: Port Wings News Network: Reserve Bank of India (RBI), in consultation with the Government of India (GoI), has rationalized the framework for External Commercial Borrowing (ECB) and Rupee Denominated Bonds and notified a new Policy vide A.P. (DIR Series) Circular No. 17 dated January 16, 2019 in this …

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Promoting More Balanced India-China Trade

New Delhi: Port Wings News Network: India’s exports to China have grown after several years. India is poised to achieve its highest ever exports to China this fiscal.  Between April-December 2018, exports were USD 12.7 billion which is closer to last year’s exports of USD 13.33 billion. The Department of …

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TEA WELCOMES TN BUDGET 2019-20

Chennai: Port Wings News Network: The Hon’ble Deputy Chief Minister of Tamil Nadu and Minister of Finance  Thiru. O.Panneerselvam presented the Tamil Nadu Budget 2019-20 in Tamil Nadu Assembly today (8.2.2019). While welcoming the people measures,  Shri. Raja M Shanmugham, President said the Government decision to form Tamil Nadu Infrastructure …

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German Delegation Meets MoS Commerce and Industry

New Delhi: Port Wings News Network: A high level German delegation led by Dr. Andreas Pinkwart, German Minister of Economic Affairs, Digitalisation and Energy of North Rhine Westphaliamet with Minister of State of Commerce & Industry, C R Chaudhary, in New Delhi on 4 February 2019. Both sides held discussions …

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FIEO Sets the Pace for Global Logistics Trade

New Delhi: Port Wings News Network: Over 130 International Logistics and Freight Forwarder companies are attending Inaugural LOGIX INDIA 2019 to develop superior Trade linkages with India in the form of partnerships, joint ventures and 100 per cent foreign entities. Currently India is ranked 44 in the World Bank Logistics …

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Chennai Hosts India International Leather Fair

Chennai: Port Wings News Network: Designer leather products from 28 countries will be displayed in the 34th India International Leather Fair (IILF) – 2019, which will be held from Feb 1-3, 2019, Shri. P.R. Aqeel Ahmed, Chairman, Council for Leather Exports (CLE), has said. Addressing the media on 30 January …

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Commerce Secretary Meets Chinese Vice Minister in Beijing

New Delhi: Port Wings News Network: Commerce Secretary, Dr.Anup Wadhawan, was on a two-day official visit to Beijing last week. During the visit from 21st to 22nd January 2019, he had bilateral meeting with Mr. Zhang Jiwen, Vice Minister of General Administration of China Customs (GACC), for examining market access …

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