The MoU, signed by Sivasubramanian Ramann, CMD, SIDBI and T Koshy, MD&CEO, ONDC, provides for several collaborative efforts by SIDBI and ONDC in helping MSMEs access open network e-commerce platform proposed by ONDC.
The commission regulates the international shipping industry at American ports, an element of modern life that is typically ignored but has emerged as a reason major retailers are short of popular goods, and why people renovating homes are waiting months for doorknobs.
The restart of cargo shipments at California's third-busiest port and busiest agricultural export hub created another snarl - traffic jams in and around the port, whose maritime operations contribute an estimated $56.6 billion to the state's economy.
A total of 11.5 crore farmers benefit by getting Rs 6,000 every year, 9 crore families received gas connection under Ujwala scheme, BPL families get free rations like wheat, rice and dhal, and loans to industries and street vendors with collateral under Mudra scheme, he said.
The first half of this year brought the additional uncertainty of Russian President Vladimir Putins invasion of Ukraine and Chinas strict Covid lockdowns. With the second half of 2022 just underway, there may yet be another culprit for supply stress labor unrest.
Greek firm Euroseas bought it in 2019 for $10 million when it was already a decade old. As world trade spiralled into chaos last year, it raked in $21 million in just over 100 days at the highest daily freight rate in history for a ship of its size.
The price of war could be even higher, it warned, describing a long list of risks ranging from an abrupt cut-off of Russian supply in Europe to vulnerabilities on financial markets from high debt and elevated asset prices.
The canal saw record amounts of cargo pass through its locks in its most recent fiscal year as an easing of trade restrictions between China and the US opened up the market for grains, pork and liquefied natural gas.
With a penetration of as low as 6%, the disposable diaper market, especially the adult diaper segment, is shrouded in stigma around incontinence. A Mumbai-based company wants to change that perception.
Surat, one of the worlds largest polishing hubs, the diamond bazaars have gone quiet in recent weeks. Workers sit idly and grumble over cups of tea. Imports of new stones are down. Prices have fallen. Everybody has the same complaint: Sanctions have pushed exporters into a tough spot.
Despite UPIs phenomenal success, it is mostly used by smartphone-savvy people. Attempts to create ways to onboard feature-phone users onto the platform are bearing fruit. India could soon add a staggering 900 million users to its digital payment ecosystem.
WTO Director General Ngozi Okonjo-Iweala told an event hosted by the National Foreign Trade Council that economists estimated that a fragmentation of the global economy could reduce global gross domestic product by 5% in the longer run.