Cross-border payments for MSMEs: Will it empower India’s exports?
NEW DELHI : Facilitating seamless cross-border payments for MSMEs is a pivotal factor in propelling them towards achieving 60% of the formidable $2 trillion export target by 2030. In the pursuit of Prime Minister Shri
Govt considering several measures to help revive Special Economic Zones
NEW DELHI : The government is considering several measures such as a flexible framework for sale of products manufactured in special economic zones (SEZs) in the domestic market, easy de-notification norms, and streamlining approval
Centre cuts windfall tax on domestic crude sales, diesel exports
NEW DELHI : The union finance ministry on Thursday lowered the windfall tax on the sale of domestic crude oil to ₹6,300 a tonne, according to an official notification. For the past two weeks the
New tax refund scheme for exports faces US, EU action
NEW DELHI : At least two Indian products are facing anti-subsidy action in the form of countervailing duty (CVD) in the US and EU due to their use of Remission of Duties or Taxes
E-commerce Policy, rules to be notified immediately after return from US : Piyush Goyal to CAIT
NEW DELHI : E-commerce Policy : The Central government will soon announce the long pending E-commerce Policy and E-commerce Rules for the country, Commerce Minister Shri Piyush Goyal told Confederation of All India Traders’ (CAIT)
Visakhapatnam Port achieves record 50 MMT cargo handling volume in just 228 days
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) on Wednesday said it has set a record by handling 50 Million Metric Tonnes (MMT) of cargo handling in just 228 days in FY24. The port surpassed its
India signs deals to export 500,000 tons of new season Basmati Rice
NEW DELHI : India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday. India annually exports more
Jaishankar meets UK’s new FS David Cameron, holds talks on trade pact, West Asia
NEW DELHI : : India and the UK discussed ways to take forward their negotiations on a free trade agreement (FTA) and global challenges such as the Israel-Hamas conflict and the Ukraine war during a