Government News Trade

Illicit Trade Casts Shadow On India’s Progress Towards Achieving $5 Tn Economy: Anurag Thakur

Union Minister Anurag Thakur on Friday said that the surge in illicit trade is a troubling consequence of globalisation which casts a shadow on the country’s progress toward achieving a 5 trillion-dollar economy. Addressing the 9th edition of FICCI CASCADE’s ‘MASCRADE 2023’, Anurag Thakur said, “Illicit trade, whether conducted through activities like smuggling, counterfeiting, or […]

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Brands Companies International News

Huawei Conducts 5G Testing In Nepal With Little Transparency, Raising Concerns

Chinese telecom giant, Huawei is conducting 5G testing in Nepal with little transparency, raising concerns over potential corruption issues and monopoly in the country’s telecom sector, Nepal-based Khabarhub reported. The Chinese telecom giant, which is seen as a security risk by the US and European governments was testing the 5G technology, with little transparency, in […]

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Companies Electronics Government International National News

India Rejects BYD’s $1 Bn Manufacturing Plant Proposal Due To Security Concerns

The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]

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Companies News

Pioneer To Set Up New R&D Center In Gurugram And Bengaluru

Pioneer Corporation today announced plans to expand its footprint in India by adding R&D presence. “By establishing R&D at Pioneer India in Gurugram and Bengaluru office, we will accelerate creating of innovation and develop innovative products and services in the mobility field as well as focusing on recruiting and training engineers with the aim of […]

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