Middle corridor : alternative to Red sea route..

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Highlights     The Red Sea route troubles have necessitated usage of alternative trade corridors for countries   The so-called Middle corridor, a predominantly rail route is gaining traction, connecting Central Asia and Europe   Middle corridor is 4,250 kms of railway lines and just over 500 kms of sea corridors, stretching from China's Pacific coast ...

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New trade route could revolutionize Indo Russia trade and strategic partnership.

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The trajectory of India's oil demand growth reflects the shifting contours of the global energy landscape. The Organization of Petroleum Exporting Countries (OPEC) estimates India's oil demand in 2024 at 5.59 million b/d, a marginal rise from 5.37 million b/d in 2023. India's oil imports reached unprecedented levels in January 2024, with inbound shipments of 5.33 ...

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Data suggests, Indian tourists to Maldives go down…

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  Home / India News / Indian tourists shun Maldives, island nation feels the pinch: Reports Indian tourists shun Maldives, island nation feels the pinch: Reports The number of Indian visitors was more than 240,000 in 2022 while over 2.11 lakh Indians flew to the Maldives in 2021 Travel agencies and operators relying on Indian arrivals report a revenue decline of 80 ...

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Majority of outstanding issues pertaining to the negotiations for a Free Trade Agreement between India and United Kingdom (UK) are “moving towards resolution”

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Majority of outstanding issues pertaining to the negotiations for a Free Trade Agreement between India and United Kingdom (UK) are "moving towards resolution" and the two sides are still in talks to iron out a couple of key priority issues to seal the deal to ensure a balanced outcome, the commerce ministry said on March ...

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UPI now in Nepal…

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NPCI International Payments Ltd (NIPL) and Fonepay Payment Service Ltd have signed a pact for facilitating cross-border transactions between India and Nepal, announced the news through a press release. After the announcement made at the Global Fintech Fest 2023 in India last September, both NIPL and Fonepay are fully operational, enabling seamless person-to-merchant (P2M) UPI transactions ...

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