Decathlon is planning to invest €100 million in India over the next five years. This is largely to source more made-in-India goods and also to expand its store network. The French sports retailer has been sourcing products from Indian suppliers since the late 1990s. Watch for more information!
22 Aug 2024India’s de-dollarization efforts are gaining momentum. In 2023, first, Bangladesh, then UAE, and now Indonesia will trade with India using local currencies. Other than that, 18 countries have been allowed by the RBI to use the rupee as a primary currency. In less than 48 hours of signing a memorandum of understanding with the UAE for Rupee-dirham trade India has inked a deal with Indonesia to trade in local currencies.
18 Jul 2023Agus Azhari, 19, was with his mother in their home when the living room was destroyed within seconds by the quake. Recounting the moments, he said ‘everyone around him was screaming’
1 min read21 Nov 2022The European-Mediterranean Seismological Centre estimated the magnitude at 7.7, placing it at a depth of 5 km (3.11 miles).
1 min read14 Dec 2021Divers just off the coast of the capital Jakarta hauled the jet’s flight data recorder to the surface, as the hunt continues for its cockpit voice recorder
3 min read12 Jan 2021Nearly 2,800 people from at least 28 villages were evacuated from the slopes of Mount Ili LewotolokThe 5,423-meter mountain is one of three currently erupting in Indonesia after Merapi on Java island and Sinabung on Sumatra island
1 min read29 Nov 2020Indonesia added 4,411 confirmed cases in the 24 hours through midday on Oct. 15, bringing its total to 349,160. The Philippines added just 2,261 cases with its total at 348,698
1 min read15 Oct 2020The Job Creation Law approved by Parliament last week is expected to substantially change Indonesia’s labor system and natural resources managementClashes broke out in the afternoon when riot police used tear gas to try to disperse protesters
2 min read13 Oct 2020USGS says the magnitude 6.8 earthquake occurred at a depth of 22 kilometers under the sea. It was centered in Bengkulu province on Sumatra islandA 6.9 magnitude quake jolted the area six minutes later, a bit deeper and 13 kilometers from the first
1 min read19 Aug 2020In an unusual morning for Indonesians on Monday, Mount Sinabung volcano erupted ashes as high as 5,000 meters in the skyAuthorities have taken precautionary steps by distributing masks and assisting in cleanliness work
1 min read10 Aug 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared