Bangladesh is a good place to invest in. Some Indian companies have already expressed their desire to invest here, said Indian High Commissioner (HC) to Bangladesh, Vikram Doraiswami. He said India currently has investments of $3.5 billion in Bangladesh. The establishment of the government's...
There is no problem between India and Bangladesh and the two want to work together to take advantage of future opportunities created by the rapidly changing world of finance, trade and money, said Indian High Commissioner Vikram Kumar Doraiswami. "There is nothing contradictory with Bangladesh and India's...
Bangladesh has beaten India on exports in the past decade, and the Economic Survey 2021 explains why. Bangladesh exports posted a compounded annual growth rate of 8.6% over 2011-2019 versus India's export growth of 0.9% and a world average of 0.4%, the survey said.
The Government of India has imposed anti-dumping duty in the range of $125.21 per tonne and $138.97 per tonne on the import of jute sacking cloths from Bangladesh. The duty will be applicable for five years effective from June 18, 2019. The decision has been taken in...
India’s unemployment rate rose to 6.1pc in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge for Prime Minister Narendra Modi to kick-start job creation in his second term in office. The data, that has been repeatedly delayed, was released a day after...
India’s No 2 software services exporter, Infosys Ltd, is probing whistleblower complaints that its top two executives engaged in ‘unethical practices’ to boost short-term revenue and profit, sending its shares down 16 per cent on Tuesday. Chief executive Salil Parekh, who took charge in 2018, had bypassed...
The country’s vegetable exporters fear that they may lose the Middle East market to Indian exporters as the shipment of vegetables from Bangladesh has remained halted for more than two months due to lack of air communications amid the coronavirus pandemic. They said that...
Bangladesh will be able to double its export to India in three years if the former can utilise its trade potential in the northeastern Indian states, according to the India-Bangladesh Chamber of Commerce and Industry (IBCCI). Bangladesh’s export to India crossed $1 billion in the last fiscal year...
A strategy paper by the Indian commerce ministry has outlined steps like pushing exports, launching export incentive schemes, cutting import dependence and attracting foreign firms that are looking at shifting manufacturing bases from China to reduce trade imbalance. The paper was submitted recently to commerce and industry...
When the pandemic first locked us indoors, there were things nobody was prepared for. New businesses especially, with no prior experience to lean on, were confronted with a restrictive environment. However, despite these challenges, many start-ups managed to not only survive but also thrive, innovating and thinking...