Maldives to expand MIFCO facilities via Indian credit line

The Indian High Commission in Maldives, on Tuesday announced the expansion of Maldives Industrial Fisheries Company (MIFCO) facilities, a project funded by the USD 800 million credit line extended by India to the Maldives

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Sri Lanka to facilitate, protect and promote liberal ecosystem for Indian Investors

Sri Lanka’s Foreign Secretary Ravinatha Aryasinha said the investment environment in Sri Lanka for Indian investors is conducive not only because of its stable leadership but also due to the strong bilateral relationship between Sri Lanka and India

Kanpur institute develops aromatic fabric

You may no longer need to wear expensive perfume -- your clothes may have a fragrance of their own. The medical textile laboratory of the Fragrance and Flavour Development Centre (FFDC) in Kanpur, has developed clothes that have a fragrance of their own and can survive even after multiple washes

Over 14 vehicles full of Afghan dried fruit arrives in India

Over 14 vehicles laden with dry fruits and assorted goods from Afghanistan have crossed over to India through the Attari-Wagah border in Punjab’s Amritsar since Pakistan allowed Afghanistan to send goods to India, a trade body said on Wednesday, according to The Hindustan Times report

Sri Lanka call for dollar loan draw bids from India, China state banks

State-run Industrial and Commerce Bank of China and State Bank of India are in consortia that responded to a call for dollar term loans to Sri Lanka, the Finance Ministry said

'Transshipment will boost economy of India, Bangladesh'

The trial transshipment of goods from India to its eight northeastern states via the sea route started on Tuesday after four containers bound for the region were unloaded from a merchant vessel at Bangladesh's Chittagong port

India-US closing in on trade deal: Commerce Minister

A trade deal between India and the US is closed to being sealed, Commerce and Industry Minister Piyush Goyal said on Tuesday

US' top cyber diplomat tells global telcos to follow India's Jio model

The United States is urging telecom operators around the world to follow India's Reliance Jio template of developing homegrown 5G solutions, while delivering stinging criticism against Chinese telecoms giant Huawei and the consequences of "untrusted" Chinese components in 5G infrastructure

First transhipment from India arrives at Chattogram port in Bangladesh on trial run

The Chattogram port has received the first shipment of goods from India as part of a 2018 agreement on using the ports and land routes of Bangladesh to transport goods to northeastern India

Tripura scientist's 'Warbot' helps in Covid care

The first of its kind in northeast India, a robot developed by a scientist from Tripura University has been deployed in a government Covid care centre to deal with the patients

India may build strategic petroleum reserve in US

India proposes to build a portion of its strategic oil reserve in the US to take advantage of current low prices and quickly scale up its storage

Japanese contribute to Bhutanese at the Toorsa temporary settlement

More than 140 individuals, mostly Japanese friends of Bhutan, contributed equipment worth Nu 863,947 for the Phuentsholing Thromde’s ECCD centre, which is expected to open later this year

ADB grants additional USD 1 mln for Maldives' COVID-19 response

The Asian Development Bank (ADB) on Monday approved an additional grant of USD 1 million to support the Maldivian government's emergency response to the ongoing COVID-19 pandemic

Opening of Chaman border with Afghanistan urged for trade activities: Quetta chamber

Quetta Chamber of Commerce and Industries (QCCI) president Ghulam Farooq Khan Khilji and senior vice president Badaruddin Kakar have expressed serious concern over the closure of the Chaman border between Pakistan and Afghanistan and said it is badly affecting the Balochistan’s economy as the trade between the two countries has come to a complete halt

Two Afghan trucks enter India for first time after Pakistan allows transit

Six days after Pakistan announced the resumption of Afghan exports to India through the Attari-Wagah border to facilitate transit trade, the first consignment of goods crossed over to India in two trucks on Saturday

Strengthening medical education in Bhutan with JICA support

Beginning this month, Khesar Gyalpo University of Medical Sciences of Bhutan with support from Japan International Cooperation Agency (JICA) will implement a technical cooperation project

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