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
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
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
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
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
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
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
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
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
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