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August 5, 2024

India boosts Domestic Shipping Industry with Strategic Initiatives

Maritime, Policy, Ship Building, Shipping Line, Trade, Trending News
NEW DELHI : In a significant move to bolster India’s maritime sector, the government has implemented a series of measures aimed at enhancing the capacity and competitiveness of Indian shipping lines.  These initiatives are
July 26, 2024

Govt will come out with new shipbuilding policy soon: Sarbananda Sonowal

Maritime, Policy, Ship Building, Shipping, Trending News
NEW DELHI : A day after Finance Minister Smt. Nirmala Sitharaman, in her budget speech, announced the Centre’s push for indigenous shipbuilding, Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal on Wednesday
April 24, 2024

SEZ units exempt from IGST on certain services from DTA players : AAR ruling

Trending News, Business, COMMERCE, EXPORT, Policy, Trade
NEW DELHI : Units operating within Special Economic Zones (SEZs) could potentially be exempt from paying the integrated goods and services tax (IGST) on specified services taken from the domestic tariff area (DTA) through
March 19, 2024

Odisha targets ₹10,000 crore investment in textiles sector

Export - Import, Economy, Policy, Trade, Trending News
BHUBANESWAR : Odisha has set an ambitious target of attracting an investment of ₹10,000 crore for its textiles sector over the next five years, with the aim to bolster the state’s economy by creating
February 22, 2024

The FDI Policy amendment has been carried out to realize the vision of an Atmanirbhar Bharat as laid down by PM Modi

Technology, Economy, Global Trade, Policy, Trending News
NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the amendment in Foreign Direct Investment (FDI) policy on space sector.  Now, the satellites sub-sector has been divided into three different activities
February 1, 2024

Shipping may get infra tag in boost for shipbuilding, vessel owners

Ship Building, Coastal Shipping, Infrastructure, Maritime, Policy, Trending News
NEW DELHI : The Union Government is working on a plan to grant infrastructure status to the shipping industry, including coastal shipping, two people aware of the development said. The move aims to promote
January 29, 2024

FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President

EXPORT, Policy, Shipping Line, Trade, Trending News
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part
January 27, 2024

Interim Budget 2024: Exporters seek higher allocation for MAI scheme

EXPORT, Policy, Trade, Trending News
NEW DELHI : Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme to promote Indian exports and help them
January 2, 2024

MoCI seeks exporters’ inputs on reducing compliance burden

EXPORT, COMMERCE, Customs, Global Trade, Policy, Trade, Trending News
NEW DELHI : The Commerce and Industry Ministry(MoCI) has asked export promotion councils and other industry bodies to give specific inputs on measures to reduce regulatory compliances and streamline processes further and also share
December 30, 2023

Industry demand amnesty scheme for customs settlement

Customs, Business, EXPORT, Policy, Trade, Trending News
NEW DELHI : Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We have received proposals for introducing an
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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