Ahead of the winter season, many European nations are prepping up their coal-fired power plants as a last resort to cover the gap in case other sources cannot produce enough electricity, especially due to lower gas flows from Russia as a result of disputes triggered by its invasion of Ukraine, media reports said.
India and the United Kingdom (UK) concluded the fifth round of talks for an India-UK Free Trade Agreement (FTA) on July 29, the Ministry of Commerce & Industry said.
UK's largest steel company, Tata Steel, has threatened to close operations unless the British government provides assistance of nearly 1.5 British pounds (around Rs 14,400 crore) within the next one year to help the company reduce its carbon emissions, the Financial Times (FT) reported.
London/UNI/Sputnik: UK Prime Minister Boris Johnson, during a phone call with Ukrainian President Volodymyr Zelenskyy, expressed hope for progress on the issue of Ukrainian grain exports, the Prime Minister's office said in a statement.
Hosur: Two-wheelers and three-wheelers manufacturing giant, TVS Motor Company Thursday announced an additional investment of £100 million in Norton Motorcycles, Britain's most iconic sporting motorcycle brand, which was acquired in April 2020.
New Delhi/UNI: In view of difficulties faced by exporters arising out of Russia-Ukraine crisis, Commerce Ministry has set up a helpdesk to support and seek suitable resolutions to issues related to trade.
In a slew of economic sanctions against Russia, UK Prime Minister Boris Johnson announced measures targeting banks, members of President Vladimir Putin's closest circle and wealthy Russians who enjoy high class London lifestyles, Reuters reported.
New Delhi/UNI: Seeking to negotiate an early trade deal, India and the UK have concluded the first round of talks for Free Trade Agreement (FTA) between the two countries.
New Delhi/IBNS: As India and UK are set to work on building closer trade ties based on mutually agreed terms through a Free Trade Agreement (FTA), both sides expressed confidence that the deal would boost bilateral trade by up to £28 billion a year by 2035.
New Delhi/UNI: In a major calibration of the India-UK bilateral relations, Minister of Commerce and Industry Piyush Goyal and UK Secretary of State for International Trade Anne-Marie Trevelyan launched negotiations on Thursday for a Free Trade Agreement(FTA).
Washington D.C/IBNS: Cairn Energy renamed Capricorn Energy has entered into a scheme with the Indian government seeking a refund in taxes and to conclude the multi-billion dollar dispute between both parties.
Kolkata/IBNS: The paradigm shift towards clean growth will reduce toxic air and promote health benefits by continuously reducing dependence on fossil fuel-based sources that provide approximately 64% of India’s electricity, according to Allan Walker, Green Finance Specialist, UK Department for International Trade (DIT).
New Delhi/UNI: Asking industry to provide their inputs for the trade pact with Australia, Commerce and Industry Minister Piyush Goyal on Thursday said that he expected an 'early harvest' pact with the country.
New York/IBNS: In a move to stock enough necessary items and free up inventory space amid the Coronavirus scare, Amazon.com Inc has announced to suspend sellers from sending non-essential products to its US and UK warehouses until April 5, media reports said.
London: State Bank of India (SBI) launched its digital banking app Yono for customers of SBI (UK) Limited, by Rajnish Kumar, Chairman, SBI at an event hosted in coordination with the UK India Business Council (UKIBC).