India’s maritime sector seen drawing Rs 80 lakh crore investment; Vizhinjam to emerge as global hub, says Sonowal

India’s maritime sector is projected to attract investments of more than Rs 80 lakh crore in the coming years, helping the country regain its long-lost nautical supremacy and generate over 1.5 crore jobs, Union Shipping Minister Sarbananda Sonowal said on Saturday.Speaking at the inauguration of the second phase of development of Vizhinjam port in Thiruvananthapuram,…

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Continue with human touch amid digital push, banks told

PUNE: Union Finance Minister Nirmala Sitharaman on Friday said that banks should continue to have a human interface while serving the customers despite the massive continuing thrust on digitisation.“Digitisation should happen. It brings in greater inclusivity. But as this digitisation is happening we should ask ourselves whether we are getting distant from our customer base,”…

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India-EU FTA: Both sides eye final deal by 2025 end; agreement on steel, auto and other sectors remaining

Union commerce and industry minister Piyush Goyal has concluded a three-day visit to Brussels, where India and the European Union engaged in negotiations to achieve a mutually beneficial, balanced and equitable trade agreement.During the visit that lasted from October 26 to October 28, Goyal held detailed discussions with Maros Sefcovic, European commissioner for trade and…

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‘Bigger picture was lost’: Former NSA Bolton slams Trump’s tariffs on India; ‘didn’t sanction Russia, China but India’

US President Donald Trump’s former national security advisor John Bolton has sharply criticised his decision to impose additional tariffs on India for purchasing Russian oil.Bolton said, “Trump wanted to do was talk about trade. The bigger strategic picture was lost.”“I think he’s just done it again by sanctioning India for purchasing Russian oil and gas,”…

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