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Jaishankar urges more South-South trade, tech tie-ups

Mint Mumbai

|

September 25, 2025

External affairs minister S. Jaishankar has urged countries in the Global South to reduce dependence on any single supplier or market by building resilient supply chains, alongside promoting fair economic practices, and boosting South-South trade and technology collaborations.

- PTI

Jaishankar urges more South-South trade, tech tie-ups

Addressing a high-level meeting of Like-Minded Global South Countries on the sidelines of the 80th session of the United Nations General Assembly in New York on Tuesday, Jaishankar said, “We meet in increasingly uncertain times, when the state of the world is a cause for mounting concern for member states.”

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

Jaishankar urges more South-South trade, tech tie-ups

External affairs minister S. Jaishankar has urged countries in the Global South to reduce dependence on any single supplier or market by building resilient supply chains, alongside promoting fair economic practices, and boosting South-South trade and technology collaborations.

time to read

1 min

September 25, 2025

Mint Mumbai

Mint Mumbai

OfBusiness arm picks JP Morgan to raise $150 million

xyzo Financial Services, the lending arm of B2B e-commerce startup OfBusiness, has appointed JP Morgan to raise up to $150 million in primary capital, two people familiar with the matter said.

time to read

1 mins

September 25, 2025

Mint Mumbai

PhonePe files for IPO to raise up to ₹12,000 cr

US retailer Walmart Inc.-owned Indian payments firm PhonePe has filed draft papers for an initial public offering (IPO) via the confidential pre-filing route, the fintech said in a statement on Wednesday.

time to read

1 min

September 25, 2025

Mint Mumbai

Mint Mumbai

Govt set to refresh solar booster scheme

The government is working on a new incentive scheme to boost production of wafers and ingots, key sub-components that go into making solar photovoltaic (PV) modules, amid choked supplies from China, three people with knowledge of the matter said.

time to read

2 mins

September 25, 2025

Mint Mumbai

India considers US blueprint to forge new trade deal with Japan

India is set to pursue a new trade deal with Japan seeking greater market access modelled on the East Asian giant’s pact with the US, as New Delhi seeks to correct the trade gap with its longtime partner, said two people aware of the development.

time to read

2 mins

September 25, 2025

Mint Mumbai

Mint Mumbai

Large exposure rule begins to squeeze corporate lending

A six-year-old Reserve Bank of India (RBI) rule meant to keep a check on banks’ lending to large corporate groups is once again causing heartburn for lenders.

time to read

3 mins

September 25, 2025

Mint Mumbai

Mint Mumbai

New highway builders may toll older parallel roads too

Highway developers winning new projects may also be allowed to operate older parallel roads and charge tolls on them, in an effort to reduce toll leakage and attract more investors.

time to read

2 mins

September 25, 2025

Mint Mumbai

Mint Mumbai

Govt unwraps $8 bn outlay to buoy ports, shipping

India is setting sail on its biggest maritime bet yet, with the Union cabinet on Wednesday unveiling an incentive package of ₹69,725 crore or about $8 billion for the shipping and ports industry.

time to read

3 mins

September 25, 2025

Mint Mumbai

Anti-dumping duty could slightly help Teflon maker GFL

The Directorate General of Trade Remedies has recommended a five-year anti-dumping duty of $2.8-5.9 per kg on Chinese and Russian imports of a high-performance _ plastic used in making Teflon nonstick cookware.

time to read

1 mins

September 25, 2025

Mint Mumbai

Mint Mumbai

Makhana to millets, snack makers tap into mindful munching

Urban Indians’ appetite for healthier snacking is growing—and no food is off limits as snack-makers race to cash in on the trend.

time to read

3 mins

September 25, 2025

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