India announces largest infra project worth USD 500 million, cargo service in Maldives

EAM underscored the significance of this service in enhancing bilateral trade and connectivity and in further boosting the economic partnership between the two countries. The cargo ferry service will enhance sea connectivity and provide predictability in supplies for importers in Maldives and exporters in India. It will also reduce logistics costs and times for traders, […]

Ambassador confident of stronger Vietnam-India partnership

COVID-19 has brought disruptions in this engagement but I also think it opens up new opportunities. COVID-19 has pushed us into rethinking the way we engage with each other and it is there that new opportunities emerge. Given our supply chain as well as demand disruptions in the wake of COVID-19, we are all exploring […]

Spat on and abused: Coronavirus fuels racism against India’s northeasterners

‘TIP OF THE ICEBERG’ Golmei, who herself was called “coronavirus” in the street earlier this year, said calls to the helpline had more than doubled to about 200 a day since late January, around the time that India’s first coronavirus infections were reported.

Goans give travel influencer a reality check on tourism during pandemic

“[Goa is] up and running because the economy of Goa depends on tourism. Also the medical facilities in Goa was on the news for not being able to provide adequate treatment to all its citizens suffering from the disease. Goa is open because we have no other option. Imagine getting tested positive after coming to […]

India announces $500 million assistance for mega infra project in Maldives

“India will fund the implementation of Greater Male Connectivity Project through a $400 mn LOC & $100 mn grant. This 6.7 km bridge project connecting Male with Gulhifalhu Port & Thilafushi industrial zone will help revitalise and transform Maldivian economy,” Mr. Jaishankar tweeted.

India announces $500 million connectivity project, cargo service to boost trade ties with Maldives

New Delhi: India on Thursday announced that it will fund the implementation of the Greater Male Connectivity Project (GMCP) to revitalise the Maldivian economy through a $400 million Line of Credit (LOC) and $100 million grant linking its capital Male with Gulhifalhu Port and Thilafushi industrial zone along with a regular cargo ferry service between […]

Connectivity brings prosperity: Importance of the India funded infra project in Maldives

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Tourism Finance Standalone June 2020 Net Sales at Rs 63.08 crore, up 0.71% Y-o-Y

Tourism Finance Corp of IndiaStandalone Quarterly Resultsin Rs. Cr.Jun’20Mar’20Jun’19Net Sales/Income from operations63.0854.3962.64Other Operating Income——Total Income From Operations63.0854.3962.64EXPENDITUREConsumption of Raw Materials——Purchase of Traded Goods——Increase/Decrease in Stocks——Power & Fuel——Employees Cost3.955.332.63Depreciation0.290.280.08Excise Duty——Admin. And Selling Expenses——R & D Expenses——Provisions And Contingencies2.002.00–Exp. Capitalised——Other Expenses1.443.751.63P/L Before Other Inc. , Int., Excpt. Items & Tax55.4143.0458.30Other Income0.000.040.04P/L Before Int., Excpt. Items & Tax55.4143.0858.34Interest33.9532.5828.75P/L […]

‘Make in India’, ‘Make for World’: PM Modi addresses nation on 74th Independence day; highlights

Prime Minister Narendra Modi on Saturday addressed the nation on the occasion of the 74th Independence Day from the ramparts of Red Fort in New Delhi and said that ‘self-reliance’ is now a mantra for all the people. Modi began his address by paying tributes to freedom fighters and security forces and reassured full support […]

MP Tourism takes the monsoon route to build confidence among tourists

Madhya Pradesh Tourism has launched a campaign ‘#IntezaarKhatamHua’ to build the confidence and trust amongst the travellers and to keep the audience engaged during the monsoon season by featuring the major monsoon tourism attractions of the destinations.As part of the campaign, travel influencers will visit various destinations of Madhya Pradesh as per the travel itinerary […]