India adopts joint statement on cooperation on global supply chains

On behalf of partner economies including India, US State Department on Wednesday (local time) released a Joint Statement of the 2022 Supply Chain Ministerial Forum, focussing on the global challenges which include — the COVID-19 pandemic, wars and conflicts and climate change. “The shocks to global supply chains from pandemics, wars and conflicts, extreme climate impacts, […]

India’s services sector saw recovery on improved demand: Finance Ministry

India’s services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report. The Information technology (IT) companies maintained strong growth while non-IT service companies continued to recover […]

India denies facilitating travel of Gotabaya Rajapaksa out of Sri Lanka

The Indian High Commission in Sri Lanka has dismissed “baseless” and “speculative” media reports that said that India has facilitated President Gotabaya Rajapaksa’s exit from the country. According to reports, Gotabaya had fled the crisis-hit island country hours before he was scheduled to resign from the post. “High Commission categorically […]