RCEP: Industry, traders & farmers welcome India’s decision

Posted on   4:35 pm

The country’s leading milk supplier Amul described the move as “landmark”. Prime Minister Narendra Modi in Bangkok said India will not join China-backed RCEP deal as negotiations failed to satisfactorily address New Delhi’s “outstanding issues and concerns”. He made the announcement during his speech at the RCEP Summit here, which was attended by several world leaders, including Chinese Premier Li Keqiang.

Government unveils two new IT initiatives

Posted on   4:29 pm

The government unveiled two new IT initiatives, ICEDASH and ATITHI, for improved monitoring and pace of customs clearance of imported goods. These initiatives will also facilitate arriving international passengers with e-filing of baggage and currency declarations.

Sundram Fasteners nets Rs 71 crores in Q2 results

Posted on   4:25 pm

Sundram Fasteners Limited (SFL), part of the $8.5 bn TVS group announced its Q2 results for FY 2020. The net profit of SFL (standalone) for the Quarter ended 30 September 2019 was at Rs 71.07 crores as against Rs110.66 crores during the same period in the previous year.