Search Result for : International North South Corridor Project Instc

Sai Nikesh | The Dollar Business India’s shipping sector is expected to maintain negative-to-stable outlook in the current financial year, with favourable situation for tankers segment and challenges in case of offshore, dry bulk and containers segments, said a report on Monday. According to the report by India Ratings & Research, the dry bulk and containers segments are likely to get impacted due to weak global trade growth and offshore segment is expected to get affected due to low crude oil prices globally. However, the tankers segment will likely remain an exceptional case due to its better demand-supply situation, it added. Speaking to The Dollar Business, Shankar Shinde, vice-chairman, Federation of Freight Forwarders’ Associations in India (FFFAI) and Managing Director, Global Express Multilogistics Pvt. Ltd., ...

Source: PIB, Government of India The Minister of State for Commerce & Industry (Independent Charge), Nirmala Sitharaman.   India accepted the invitation extended by the Russian Government to participate as the Partner Country in the major Industrial Fair “INNOPROM 2016” to be held at Yekaterinburg, Russia in July 2016. This was conveyed by Nirmala Sitharaman, Minister of State (Independent Charge), Commerce & Industry, Government of India to her counter-part Denis Manturov, Minister of Industry and Trade of Russian Federation at a bilateral meeting held at St. Petersburg on July 19, 2015. India is likely to participate in the key handing over ceremony at Moscow later this year. Nirmala Sitharaman led a strong delegation to the annual St. Petersburg International and ...

Source: PIB, Government of India The Minister of State for Petroleum and Natural Gas (Independent Charge), Dharmendra Pradhan and the Minister of Energy of Republic of Kazakhstan, Vladimir Shkolnik signed the protocol at the 12th India-Kazakhstan, Inter-Governmental Commission meeting, in New Delhi on June 17, 2015. Source: PIB, Government of India   India and Kazakhstan have agreed to conduct a feasibility study on transportation of crude oil and gas from Kazakhstan to India via pipeline or as LNG, said Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan at the 12th India-Kazakhstan, Inter Governmental Commission meeting, which he co-chaired with Vladimir Shkolnik, Minister of Energy of Republic of Kazakhstan. The meeting also discussed issues pertaining to Economic, Scientific, Technical Industrial and Cultural ...

The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...

The Dollar Business Bureau Vladimir Putin is expected to meet PM Narendra Modi tomorrow. Putin's visit to India comes at a time when Russia is facing several challenges including isolation over the Ukraine crisis and low oil prices   Vladimir V. Putin, President, Russian Federation, will be in India to take part in the 15th Annual India-Russia Summit today, but his visit promises to be different this time, mainly due to the fast changing geo-political environment. Since the signing of the "Declaration of Strategic Partnership between India and the Russian Federation" in October 2000 in New Delhi, the two traditional friends, Russia and India, host annual summits between the Prime Minister of India and the President of the Russian Federation on ...