Simplified Trade Finance
Earlier this week, union shipping minister Sarbananda Sonowal virtually inaugurated a dwarf container train service from Mumbai's Jawaharlal Nehru Port (JNPT) to ship the first batch of consignments to inland container depot Kanpur.
It looks like our sugar traders would soon be on a sugar high as they are now gearing up to witness a bumper export season with the international price of the commodity at a four-year high of around 20 cents/lb.
Boosting bilateral trade, investments, and addressing critical issues like barriers in trade and development was on India’s agenda heading into the 13th BRICS summit, which was hosted virtually on September 9.
India appears to be doing its bit in a bid to adopt an economy-ecology approach after initiating negotiations with the UK to invest in sustainable projects and renewable energy intended to drive India’s green growth ambitions.
Finance minister Nirmala Sitharaman unveiled the National Monetisation Pipeline (NMP) earlier this week to assist the government in leasing an array of public infrastructure assets over the next four years.
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