Monday, September 21
Navi Mumbai police registered an FIR and started a probe in connection with calls received about a bomb on a Mumbai-Ahmedabad flight and a threat to blow up Chhatrapati Shivaji Maharaj International Airport in the metropolis, an official said on Thursday.The calls were received between 2 pm and 2:30 pm on Wednesday at the office of the Navi Mumbai joint commissioner of police, a CBD police station official said."The callers said a bomb had been placed on board the Mumbai-Ahmedabad flight. Another call said Mumbai International Airport would be blown up at 6:30 pm. Thorough checks did not reveal anything suspicious. An FIR has been registered under Bharatiya Nyaya Sanhita as the calls were intended to disturb public peace and create fear in the minds of the people," the official informed.Th
Ratings firm CRISIL said that India's goods exports are likely to face some headwinds in fiscal 2026, as reciprocal tariffs imposed by the US are seen to aggravate this.With the tariff hikes expected to come into effect from August, India and the US are negotiating on a bilateral trade agreement and a key monitorable, the report said.The World Trade Organisation forecasts a 0.2 per cent decline in the volume of merchandise trade in 2025 compared to 2.9 per cent in 2024.The report said global growth is expected to slow down to 2.9 per cent in 2025 from 3.3 per cent.Growth in the US, India's largest export destination, is projected to slow to 1.7 per cent from 2.8 per cent.Accordingly, India's merchandise trade is expected to come under pressure this fiscal.However, the current account defic
Taiwan's Taipei Fubon Bank and CTBC Bank are planning to open branches in Gujarat, India, as said by the office of Republic of China (Taiwan) in India in a social media post on Thursday.The planned Indian branch of these Taiwanese banks are said to open in Gujarat’s GIFT City, the post said.With this move, cross-border trade and finance ties between India and Taiwan are said to grow stronger.India is rolling out the red carpet for Taiwanese investment, the embassy said."With Taipei Fubon Bank and CTBC Bank eyeing branches in Gujarat’s GIFT City — India’s emerging global financial hub — cross-border trade and finance ties are set to grow stronger, the post said.— TWIndia2 (@TWIndia2) CTBC Bank already has two branches in India, one in New Delhi, another in Chennai.
