Gujarat Govt announces new Textile Policy
GANDHINAGAR : The Government of Gujarat announced its new Textile Policy, in which 10 to 35 percent capital subsidy is provisioned. In contrast to the previous policy, which
Centre to offload 5% stake in Cochin Shipyard through OFS at ₹1,540 per share
NEW DELHI : The Narendra Modi Administration announced plans to divest a 5% stake in Cochin Shipyard Ltd through an Offer for Sale (OFS), with the minimum share price set
DGFT reduces export obligation compliance
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has reduced the compliance requirements on the fulfilment of an export obligation, which aims to increase the ease of doing
Logistics automation startup Elixia raises USD 1 mn
NEW DELHI : Logistics automation startup Elixia has raised USD 1 million (about Rs 8.4 crore) in a funding round led by JITO Incubation and Innovation Foundation (JIIF).
Ministry of Textiles celebrates ‘World Cotton Day’ 2024
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment
India and UAE to setup food corridor, likely to attract $2-billion investments : Piyush Goyal
MUMBAI : India and the United Arab Emirates will establish a food corridor, which is likely to attract investments of $2 billion, Commerce and Industry Minister Shri Piyush
‘We Missed the Manufacturing Bus’ : Dr. S Jaishankar
NEW DELHI : India has missed the opportunity to scale up their manufacturing sector due to the lack of governance of the previous government and thus, manufacturing and
Amul MD Jayen Mehta says the company is ready to enter European market after recent success in US
JAMSHEDPUR : Managing Director of AMUL and Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) Jayen Mehta said AMUL’s recently launched milk in US has been “highly successful” and
India’s exporters fear an impact with disruption to shipping and trade, besides costlier oil
NEW DELHI : A full-blown war in West Asia is in prospect following Iran’s ballistic missile strike on Israel to avenge the killing of Hezbollah leader Hassan Nasrallah,
