June 23, 2026
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Removal of angel tax for startups to help attract investors : Piyush Goyal

July 30, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Sunday said that removal of angel tax, which was introduced in 2012 by the UPA Government, for all classes of investors will help

New fund will work to help MSMEs: FM Sitharaman on 45-day payment rule

July 30, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : While talking about the central government’s controversial 45-day payment rule, Finance Minister Smt. Nirmala Sitharaman has said that new fund in collaboration with banks by the Centre in the Union Budget

Mundra Customs seizes Rs. 100 Cr worth illicit Narcotic Drug being exported to Africa

July 30, 2024 EXPORT, Customs, Trade, Trending News
AHMEDABAD : Based on intelligence gathered by SIIB (Special Intelligence & Investigation Branch) of Mundra Customs, two export consignments of a Rajkot based merchant exporter destined for West African countries of Sierra Leone and

Bangladeshi garment shippers experiencing delays must pay more as they resort to using air freight

July 30, 2024 EXPORT, AIR LOGISTICS, Logistics, Maritime, Trade, Trending News
DHAKA : Due to curfews that impeded maritime transport, Bangladeshi garment manufacturers are forced to use expensive airfreight to meet rising consumer demand. However, buyers are unwilling to absorb the increased expenses. Furthermore, sources

Union Budget 2024 is inclusive and innovative, largest industrial park among 12 proposed to be set up in Maharashtra : Piyush Goyal

July 29, 2024 Export - Import, Business, COMMERCE, Economy, Finance, Trade, Trending News
MUMBAI : Union Minister of Commerce and Industry Shri Piyush Goyal said on Saturday that the Union Budget 2024 is impactful, inclusive and innovative and the country’s largest industrial park will be built in Maharashtra. At a press conference here,

India has highest trade deficit with China but gap narrowing: Goyal

July 29, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : India has the highest trade deficit with China in goods but the gap expanded at a lower pace during 2014-15 to 2023-24 as compared to the previous 10 years, Commerce and

Nitin Gadkari stresses MSMEs’ role in innovation and economic growth

July 29, 2024 EXPORT, Technology, Trade, Trending News
NEW DELHI : At the Grand Finale of the HSBC presents CNBC-TV18 SME Champion Awards, Shri Nitin Gadkari, Minister of Road Transport & Highways, spoke about the pivotal role of Micro, Small, and Medium

MD & CEO of Kotak Mahindra AMC warns signal to FM Sitharaman about not to let gold become the next oil

July 29, 2024 Import, Economy, Finance, Infrastructure, Trade, Trending News
NEW DELHI : Kotak Mahindra AMC’s Managing Director and CEO Mr. Nilesh Shah has urged Finance Minister Smt Nirmala Sitharaman to keep a watchful eye on any surge in India’s gold import bill in

Relief to producers and exporters: DGFT eases Export Promotion Capital Goods Scheme

July 29, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has introduced a series of significant amendments to the Export Promotion Capital Goods ( EPCG ) Scheme, as per Public Notice No. 15 dated

Indian textile exports rise on demand from CIS and South Asian markets

July 29, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian textile exports have increased 4.15% in the first quarter of the current fiscal year, driven by rising demand from Commonwealth of Independent States (CIS) and South Asian markets.  According to
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