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By Manbir Sandhu , 12 April 2025
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DP World Breaks Ground on Bharat Mart in Dubai: A Landmark Gateway for Indian MSMEs

In a strategic move to enhance global trade connectivity, DP World has initiated the construction of Bharat Mart—a sprawling 2.7 million sq. ft. business marketplace in Dubai aimed at positioning Indian micro, small, and medium enterprises (MSMEs) at the heart of global commerce. Slated for completion by the end of 2026, the facility is located within the Jebel Ali Free Zone (JAFZA) and is designed to facilitate both B2B and B2C transactions.

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  • Business
By Gurminder Mangat , 12 April 2025
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India's Revocation of Bangladesh Transshipment Rights Signals Policy Shift Amid Surging Trade

In a significant move reshaping regional trade logistics, India has revoked a key transshipment facility granted to Bangladesh, halting the movement of third-country cargo through the Petrapole Land Port. The decision comes despite a sharp 46% increase in transshipment cargo volume between fiscal years 2023–24 and 2024–25. While bilateral trade through Petrapole continues uninterrupted, the suspension impacts Bangladesh’s export supply chains—particularly for high-value garments destined for Europe and the U.S.

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  • Economy
By Kirti Srinivasan , 12 April 2025
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Strengthening Strategic Ties: President Murmu’s Landmark Visit to Portugal & Slovakia Signals Diplomatic & Economic Renewal

President Droupadi Murmu has concluded a landmark diplomatic tour to Portugal and Slovakia—marking the first presidential-level visit to either nation in nearly three decades. This historic mission emphasized expanding bilateral cooperation in emerging sectors such as space, artificial intelligence, and cybersecurity, while also reaffirming cultural and economic ties. In Slovakia, President Murmu explored industrial synergies through her visit to Tata Motors’ JLR facility and promoted India’s people-centric diplomacy by engaging with the local Indian diaspora.

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  • Economy
By Gurminder Mangat , 12 April 2025
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JSW MG Motor India Accelerates EV Leadership with Windsor Surge and Ambitious 2025 Sales Target

JSW MG Motor India is making a decisive push into the electric vehicle (EV) market, with projections that 60–65% of its total vehicle sales will be electric by the end of 2025. Building on strong momentum from 2024, when EVs accounted for half of its 60,000-unit sales, the company is capitalizing on the resounding success of its Windsor electric crossover, which has achieved 20,000 cumulative unit sales within just six months of launch.

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  • Automobiles
By Gurminder Mangat , 12 April 2025
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Aurobindo Pharma Faces FDA Scrutiny at U.S. Facility, Market Reacts with Caution

Aurobindo Pharma Ltd. has disclosed that the U.S. Food and Drug Administration (USFDA) issued a Form 483 with 11 procedural observations following a recent inspection of its North Carolina-based manufacturing unit, operated by its wholly owned subsidiary, Aurolife Pharma LLC. Conducted between March 24 and April 10, 2025, the inspection concluded with compliance concerns that, while non-critical, have prompted the company to implement corrective actions.

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  • Pharmaceutical
By Kirti Srinivasan , 12 April 2025
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VIP Clothing Partners with Zepto to Accelerate Digital Expansion and Capture Quick-Commerce Growth

VIP Clothing Partners with Zepto to Accelerate Digital Expansion and Capture Quick-Commerce Growth

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  • Business
By Manbir Sandhu , 12 April 2025
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Bandhan Bank’s Strategic CSR Commitment Enhances Brand Equity Amid Market Resilience

Bandhan Bank’s latest Corporate Social Responsibility (CSR) contribution of Rs. 4 crore to the upcoming Vivek Tirtha—a centre for human excellence and social sciences spearheaded by the Ramakrishna Mission—reflects its sustained commitment to community upliftment. While its philanthropic initiatives bolster public goodwill, the bank also maintains a stable footing in the equity markets, driven by consistent performance in retail lending and strategic asset management.

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  • Banking
By Gurminder Mangat , 12 April 2025
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Mumbai’s Transit Revolution: Unified Mobility Card and Mega Rail Investments Reshape Urban Infrastructure

Mumbai is on the verge of a transformative leap in public transportation, as Maharashtra’s Chief Minister Devendra Fadnavis and Railway Minister Ashwini Vaishnaw announced the upcoming launch of ‘Mumbai 1’, a unified travel card for all modes of public transit across the Mumbai Metropolitan Region. This digital mobility solution is complemented by record-breaking infrastructure investments totaling over Rs. 1.73 lakh crore, including suburban rail modernization, AC train expansion, and connectivity boosts to underserved regions.

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  • Infrastructure
By Manbir Sandhu , 12 April 2025
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Sri Lanka’s Recovery Tested by Geopolitical Headwinds Amid IMF-Led Reforms

Sri Lanka’s fragile post-crisis recovery is facing renewed pressure from external shocks, as aggressive trade tariffs imposed by the Trump administration threaten to derail momentum. The International Monetary Fund (IMF), concluding its recent staff visit, acknowledged the country’s impressive 5% rebound in growth for 2024 and noted substantial fiscal reforms and falling inflation. However, the 44% tariff on Sri Lankan exports to the United States, particularly apparel, casts a shadow over the sustainability of this progress.

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  • IMF
By Gurminder Mangat , 12 April 2025
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Strengthening Global Supply Chains: DP World’s Strategic Expansion in India Marks a New Era in UAE-India Trade

In a significant stride toward enhancing bilateral trade between the UAE and India, DP World has launched its new Free Trade Warehousing Zone (FTWZ) at the Nhava Sheva Business Park (NSBP) near Mumbai. This facility, inaugurated by UAE Deputy Prime Minister Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum during his official visit to India in April 2025, forms part of DP World’s broader investment exceeding USD 200 million in India’s logistics infrastructure.

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  • Business
  • Logistics

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