The negotiations for the proposed bilateral trade agreement between India and the US are progressing well, a top government official said on Thursday. Commerce Secretary Sunil Barthwal said that an Indian team will be going to Washington for further discussions. Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 17 for discussions with their US counterparts on the agreement. He will hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit. The four-day talks (May 17-20) come against the backdrop of both countries exploring the possibility of an interim trade arrangement in goods to secure "early mutual wins" ahead of finalising the first phase of the trade ag
ISRO will launch its 101st satellite on May 18, its Chairman V Narayanan announced on Thursday, and asserted that the space agency's programmes were planned to ensure the safety and security of the country. "We successfully launched the one-hundredth rocket from Sriharikota in January. India's 101st satellite - the Earth Observation Satellite RISAT-18 aboard the Polar Satellite Launch Vehicle (PSLV-C61) - will be launched on May 18," the Chairman of the Indian Space Research Organisation said. The PSLV bolsters India's surveillance and disaster management capabilities. He said ISRO's missions were driven by the country's requirements in diverse fields, and it was technologically capable of delivering them. "All our programmes are for the safety and security of our people and country. We do
Markets regulator Sebi has restrained SME company Varyaa Creations Ltd (VCL) from accessing the securities market for alleged diversion of funds raised through its initial public offering (IPO). Additionally, the regulator has barred Inventure Merchant Banking Services Pvt Ltd from taking up any new assignment relating to merchant banking activities in the securities market till further directions. Also, the shareholdings of seven promoter group entities have been frozen until further directions, according to an interim order passed by Sebi on Wednesday. Varyaa Creations, which is primarily engaged in wholesale trading of precious metals, and manufacture and sale of jewellery, came out with its Rs 20.10-crore IPO and got listed on the SME platform of the BSE on April 30, 2024. The Secu