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Business Economy


March catch up good for exports; engineering at all time high at USD 83 Billion FY 2019: EEPC India

Kolkata, Apr 15 (UNI) Owing to a good catch-up in March, India's exports have crossed USD 331 billion in the financial year 2018-19 with engineering exports registering an all-time monthly figure of USD 9.4 billion and annual USD 83 billion, said EEPC India Chairman Ravi Sehgal.
However, Mr Sehgal said the fiscal 2019-20 appears to be a challenging one, as highlighted by the IMF and well -noted by the RBI. The global economy and trade seem to be coming under pressure with issues like protectionism refusing to go.
He said, exports have to be made among the top priorities of the new government, as this sector has a huge untapped potential for employment generation, which is the most pressing need for the country.
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Sastra Robotics inks MoU with Lockheed Martin Aeronautics for robots entry into avionics testing

Sastra Robotics inks MoU with Lockheed Martin Aeronautics for robots entry into avionics testing

20 Jul 2019 | 6:03 PM

Thiruvananthapuram, Jul 20 (UNI) Kochi-based startup Sastra Robotics India Private Limited has signed a Memorandum of Understanding (MoU) with the US global aerospace, defence security company Lockheed Martin Aeronautics, paving the way for the robots produced by the Indian venture to gain entry into avionics testing.

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“ We are the highest GST paid company in Tel, AP for the last two years”: MEIL clarifies on raids

“ We are the highest GST paid company in Tel, AP for the last two years”: MEIL clarifies on raids

20 Jul 2019 | 5:59 PM

Hyderabad, Jul 20 (UNI) Megha Engineering and Infrastructures Limited (MEIL) on Saturday said it is the highest GST paid company in both Telugu states of Telangana and Andhra Pradesh since the past two years.

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Vivo ropes in Sara Ali Khan for its new S Series

Vivo ropes in Sara Ali Khan for its new S Series

20 Jul 2019 | 5:57 PM

Mumbai Jul 20, (UNI) Vivo, the global innovative smartphone brand, on Saturday announced its brand association with the Bollywood diva and youth style icon Sara Ali Khan for its upcoming S series that focuses on design and camera.

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Fuel prices remain stable on Sat

Fuel prices remain stable on Sat

20 Jul 2019 | 4:21 PM

New Delhi, Jul 20 (UNI) Fuel prices remained stable on Saturday.

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Dr Reddy’s Laboratories announces closure of  transaction with Upsher-Smith Laboratories

Dr Reddy’s Laboratories announces closure of transaction with Upsher-Smith Laboratories

20 Jul 2019 | 4:20 PM

Hyderabad, Jul 20 (UNI) Dr Reddy’s Laboratories Limited on Saturday announced the closure of the transaction with Upsher-Smith Laboratories, LLC (Upsher-Smith), pursuant to the satisfactory completion of all customary closing conditions including the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended.

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