Singapore is in close contact with Indian authorities to seek exemption from the country’s ban on export of non-basmati rice, the Singapore Food Agency (SFA) has said.

FM Sitharaman discusses economic issues with Chinese counterpart on sidelines of G20 meet in Gujarat

Meeting on the sidelines of the third G20 Finance Ministers and Central Bank Governors (FMCBG) gathering in Gandhinagar today, Indian Finance Minister Nirmala Sitharaman today discussed various economic issues including inflation and trade with her Chinese counterpart Liu Kun.

India now more attractive to investors than China: Report

According to a report which polled 85 sovereign wealth funds and 57 central banks worth a total of USD 21 trillion in assets, India has overtaken China as the most attractive emerging market for investing.

India lone SCO nation which doesn’t endorse China’s Belt and Road Initiative

Highlighting its continued opposition to China’s attempt at total trade dominance, India yesterday once again refused to endorse the Belt and Road Initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the project.

Russian sanctions leading to increasing rupee surplus in India

A combination of economic sanctions on Russia and a lopsided trade relationship with India is leading to USD 1 billion each month in Russian rupee assets remaining stranded outside the country.

Police detain NRI Kirandeep Kaur, Amritpal Singh’s wife, at Amritsar Airport

Extremist Sikh leader Amritpal Singh’s wife Kirandeep Kaur, a Non-Resident Indian (NRI) who has a British passport, was stopped from leaving the country by the Punjab Police at Shri Guru Ram Dass International Airport in Amritsar.

In a digital push, Singapore and EU eye biz gains

Singapore and the European Union announced a new partnership in the digital sector, which both parties described as having “transformative potential” for the future of their economies.

Australia passes trade deal with India

The Australian Parliament passed legislation to give effect to a trade deal with India that will open up greater opportunities for Indian and Australian businesses.

India’s Trinity Lubes and Grease sets up first plant in Sharjah

Trinity Lubes and Grease FC, one of India’s leading lubricants and grease production companies, has set up its first overseas plant in the inner port of Sharjah’s Hamriyah Free Zone Authority (HFZA) at an investment of AED 50 million.

UK, Singapore begin talks on digital trade technology, barriers

The United Kingdom and Singapore have started negotiations on cutting barriers to digital trade, seeking to go further than the rollover free-trade agreement they struck when Britain left the European Union.

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