Monday, 7 March 2016

Daily Updates and News



Economy & News

Government eyes Rs 25,000 crore annual savings through coastal shipping 

Government is eyeing annual savings of Rs 25,000 crore on logistics costs by 2025 by promoting coastal shipping under its ambitious Sagarmala project.  Sagarmala aims at promoting port-led development by harnessing the country's 7,500-km long coastline, 14,500-km of potentially navigable waterways and strategic location on key international maritime trade routes.  "Across all commodities, coastal shipping volumes could grow to 5-6 times of current levels to about 400-480     [….] Read more at:



Haryana global investors’ summit to kick off on March 7 

The 'Happening Haryana Global Investors' Summit 2016' is set to take off on March 7 morning in Gurgaon, with participation of diplomats from a dozen countries, the who's of India Inc and representatives of foreign firms including Pepsico chairperson Indra Nooyi, who will share her experiences through video conferencing at the two-day event.  The participating countries include the Czech Republic, Japan, Mauritius, New Zealand, China, South Korea, Malawi, Peru, Poland, Spain, Britain and     [….] Read more at:



India keen to boost economic cooperation with Egypt: Envoy 

India is keen on ramping up economic cooperation with Egypt, focussing on trade and investment, the Indian envoy here has said while underlining the need for "transparency and predictability" to woo more Indian businesses to this key Middle East country.  "Trade between India and Egypt increased by about 60 per cent over the last five years and this is really remarkable because you will notice that trade between many other countries has actually stagnated or even gone down and global     [….] Read more at:



Mumbai to host BRICS Friendship Cities Conclave in April 

Mumbai First, a think-tank working to find solutions for city's development, will hold a three-day conclave, involving top urban policy makers and planners from BRICS nations, in April.  The event assumes significance given the megapolis's aspiration to become a global financial centre and is inspired by Prime Minister Narendra Modi's idea of promoting greater cooperation and people-to-people contact among BRICS (Brazil, Russia, India, China and South Africa) nations, a press release     [….] Read more at:



Government eyes Rs 25,000 crore annual savings through coastal shipping 

Government is eyeing annual savings of Rs 25,000 crore on logistics costs by 2025 by promoting coastal shipping under its ambitious Sagarmala project.  Sagarmala aims at promoting port-led development by harnessing the country's 7,500-km long coastline, 14,500-km of potentially navigable waterways and strategic location on key international maritime trade routes.  "Across all commodities, coastal shipping volumes could grow to 5-6 times of current levels to about 400-480     [….] Read more at:



How gritty women entrepreneurs are fighting prejudice in startup funding ecosystem 

On the eve of International Women's Day, a bunch of female startup founders share their experiences of raising capital in an ecosystem where men mostly hold the purse strings. "Investors, you should know that the only thing I have in common with your wife is a vagina." Israeli entrepreneur Sarah Nadav That was the earnest advice of Israeli serial entrepreneur Sarah Nadav to the global venture capital (VC) community, based on her experiences in fund-raising and battling queries along     [….] Read more at:


Thanks & Regards,
Meetesh Shiroya

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