June 21, 2026
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Nokia’s Chennai plant exports 50% of production

October 14, 2023 EXPORT, Business, Company, Technology, Trade, Trending News
CHENNAI : Nokia’s Chennai manufacturing facility exports 50 per cent of the production and has so far manufactured seven million telecom units, the company said in a media statement Thursday. The 15-year old factory in Chennai is

India far from replacing China as global growth engine : HSBC

October 14, 2023 Economy, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s impressive recent economic gains are unlikely to displace China as the world economy’s main growth engine anytime soon, according to HSBC Holdings Plc. “The numbers don’t exactly add up,” Economists Frederic Neumann

Vibrant Gujarat will further strengthen partnership between Mumbai and Gujarat : Gujarat CM Bhupendra Patel

October 13, 2023 Trade, Business, COMMERCE, Economy, Infrastructure, Trending News
MUMBAI : Hard-selling GIFT City, Dholera Special Investment Region (SIR) and Dream City projects in Gujarat to investors in Mumbai on Wednesday, Gujarat Chief Minister Shri Bhupendra Patel said the upcoming 10th edition of

Foreign Companies can open bank account without PAN in GIFT City

October 13, 2023 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
GANDHINAGAR : The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax

DGFT puts new import registration regime in place for laptops, tablets from November 1

October 13, 2023 Import, Business, COMMERCE, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) is gearing up to activate its import management system for registration of laptops, computers, and tablets from November 1, as there may be no further

DPIIT revises white goods PLI scheme : Beneficiary must get cost certificate for sales

October 13, 2023 Trade, Business, COMMERCE, Trending News
NEW DELHI : The government has revised the guidelines for the Rs 6,238 crore production-linked incentive scheme (PLI) for white goods as per which the companies selected under the programme will have to submit a certificate

RIL to invest ₹5 lakh crores in Gujarat over the next decade ; Gujarat CM meets Mukesh Ambani

October 12, 2023 Trade, Business, COMMERCE, Trending News
MUMBAI : In run up to the Vibrant Gujarat Global Summit 2024, scheduled for January next year, the Gujarat Government held a roadshow in Mumbai on Wednesday . As part of this event, Gujarat

Centre approves Customs clearance facility at Surat Diamond Bourse

October 12, 2023 Customs, Business, COMMERCE, Global Trade, Trade, Trending News
SURAT : Ministry of Finance, Government of India has approved custom clearance facility at upcoming Surat Diamond Bourse (SDB) which is going to be inaugurated by Prime Minister Shri Narendra Modi in December this

India expected to become $30-trillion economy by 2050 : Atanu Chakraborty

October 12, 2023 Trade, Business, Economy, Trending News
NEW DELHI : India is expected to become a USD 30-trillion economy by 2050 pushed by robust consumption and exports, HDFC Bank Chairman and Former Economic Affairs Secretary Atanu Chakraborty said on Wednesday. International

ICRA expects favourable demand outlook for the road logistics industry in FY24

October 12, 2023 Logistics, Business, Economy, Trade, Trending News
NEW DELHI : ICRA expects a favourable demand outlook for the road logistics industry in FY2024, supported by stable domestic consumption and investment demand. Revenue growth in the industry is expected to be 6-9%
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