Search Result for : Portugal

The Dollar Business Bureau Jayant Sinha, the Union minister for Civil Aviation proposed the Ude Desh ka Aam Nagrik (UDAN) scheme that would connect the smaller towns across the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region. Adding that such a move will be similar on the lines of the Open Sky Agreement that India enjoys with the SAARC countries, he said, "We can sign an MoU with different countries to be able to provide support for an UDAN-type scheme across the BIMSTEC community. Of course, we will have to couple that with something like an Open Sky Agreement so that airlines can fly freely," Sinha told reporters. Under the Open Sky Agreement (OSA), signed in 2016, New ...

The Dollar Business Bureau In order to enhance bilateral engagement, India and Portugal on Saturday signed seven agreements in wide range of fields including renewable energy, IT, defence and security, even as both the nations took an indirect dig at China for blocking India’s move at the United Nations (UN) to list Jaish-e-Mohammed (JeM) Chief Masood Azhar as global terrorist.  In wide-ranging discussions between Indian Prime Minister Narendra Modi and his counterpart from Portugal Antonio Costa, while agreeing to strengthen the relations, also called for strict global action against the networks of terror and the nations harbouring the terrorists and emphasising that to combat terrorism, there should not be double standards. PM Modi stated to the media that he and Portuguese Prime Minister ...

The Dollar Business Bureau  Indian pharma manufacturer Granules India said on Friday that it has got 11 observations from INFARMED - the health authority of Portugal, for its manufacturing unit situated at Gagillapur in the state of Telangana.  “INFARMED had conducted a renewal inspection of the facility. In this respect, the company has received the inspection report with 11 observations,” said Granules India in a regulatory filing.   INFARMED is a Government agency of Portugal accountable to the Health Ministry that evaluates, regulates, authorises, and controls health products as well as human medicines. The Gagillapur plant of the company manufactures finished dosages and pharmaceutical formulation intermediates (PFIs).  The Indian drug maker said that it has started taking necessary steps for addressing the observations of the Portuguese inspection agency and ...

Sai Nikesh | The Dollar Business The ongoing economic crisis in Greece will have a negative impact on India and widening of the same would badly affect Indian economy on a larger scale, according to industry experts. “Being part of the global economy and as a nation heavily depending on foreign support, India will need to face consequences of economic actions, crises and bad financial sentiments across the world,” said B C Bhartia, president, Confederation of Indian Traders (CAIT), speaking to The Dollar Business. He went on to say that ongoing crisis may lead to outflow of capital from India and foreign investors taking back their investments or hesitating for future investment in the country. This will have a negative impact ...