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Sharaf Group to invest ₹5,000 cr in Kerala dry ports

February 24, 2025/

UAE-based Sharaf Group has unveiled plans to invest Rs 5,000 crore in Kerala over the next five years, citing the state’s favorable business climate and skilled workforce. The investment will be directed towards developing two dry ports, generating numerous job opportunities and driving economic growth in the region. In a...

De-dollarization takes center stage at the BRICS summit

October 25, 2024/

At the BRICS summit in Kazan, member countries made significant strides toward de-dollarization, aiming to reduce their reliance on the U.S. dollar for international transactions. This initiative was underscored by the unveiling of a symbolic BRICS banknote featuring the flags of Brazil, Russia, India, China, and South Africa, signaling a...

India and UAE sign agreements on energy, trade, and connectivity

September 10, 2024/

In a major boost to India’s energy security and bilateral relations, India and the UAE finalized several key Memoranda of Understanding (MoUs) during Sheikh Khalid bin Mohamed bin Zayed Al Nahyan’s visit to New Delhi. These agreements aim to enhance collaboration in the vital areas of nuclear energy and petroleum,...

Falling prices of onion: Can export be the answer?

March 7, 2023/

As the world is in the grips of a severe supply crunch in onion exports, India is facing a paradox of plenty. Although the surplus has severely depressed onion prices, the window of opportunity to export the stock is limited.   Photo Source: Shutterstock New Delhi, Feb 28: In the...

India-UAE trade agreement and the F&B sector

February 26, 2022/

The India-UAE trade agreement is expected to boost agri exports by US$ 850 million in over five years. But there is much more that India can explore with the UAE beyond trade, considering the latter’s grand vision, well-targeted initiatives for food security globally and their growing partnership in food and...

India is showing potential in organic food exports

May 10, 2021/

Anil Kumar Verma, COO, Savings Hypermarket UAE, a major importer of Indian F&B products, talks about the company’s expansion plans and relations with Indian food suppliers. He expresses confidence that Indian exporters will be able to leverage the growing demand for organic food products. IBT: What is Savings Hypermarket’s current...

Efforts to employ migrants can be linked to Aatmanirbhar Bharat

September 11, 2020/

Professor Binod Khadria, South Asia Chair Metropolis Asia, and Former Professor of Economics, Education and Migration at Jawaharlal Nehru University opines that organisations need to come up with innovative solutions to solve India’s employment problem. Consistency of quality in Indian products is not at par with international standards. The rate...

COVID-19 and India’s migrant conundrum

September 7, 2020/

The World Migration Report 2020 states that the number of international migrants is estimated to be almost 272 million globally, with nearly two-thirds (164 million) of them being labour migrants. These migrants have played a major role in not only the places where they landed (by contributing taxes) but also...

COVID-19 & Indian diaspora: An unpleasant homecoming?

August 29, 2020/

India faces a tough challenge in generating jobs for returning diaspora post-COVID-19. A multipronged strategy would be needed to resolve this issue, which entails investments in human capital, revival of productive sectors, and programs to stimulate entrepreneurship. India has the largest diaspora in the world, with the UAE, US, Saudi...

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