ICC urges Govt to rationalise customs duty in Budget
KOLKATA : The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing.
Global tyre giants pledge over Rs 1,100 Cr after DPIIT’s import relaxation
NEW DELHI : In a significant development for India’s manufacturing sector, leading global tyre manufacturers have committed investments exceeding Rs 1,100 crore following a temporary relaxation of import restrictions by the Department for Promotion
Trade policy review meet of China in WTO : India flags trade deficit, non-transparent subsidies
GENEVA : India has flagged its concerns over high trade deficit and non-transparent subsidies of China in a meeting at the World Trade Organisation (WTO), Geneva, stating those measures impact domestic industry, an official
NITI Aayog reconstituted, 15 union ministers, NDA allies made part of it
NEW DELHI : The Narendra Modi-led NDA Government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either ex-officio members or special invitees. Prime
NHAI to charge double toll from vehicles with non-affixed FASTag on front windshield
NEW DELHI : To deter National Highway users from deliberately not fixing FASTag on the windscreen of the vehicle, NHAI has issued guidelines to collect double user fee from such users entering the toll
Piyush Goyal holds meetings with counterparts at G7 Trade Ministers’ meet in Italy
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the G7 Trade Ministers’ meeting held at Villa San Giovanni, Reggio Calabria, Italy. The meeting served as a pivotal platform for
ADB keeps India’s GDP growth projection for FY25 unchanged at 7%
NEW DELHI : Asian Development Bank kept India’s FY25 growth forecast unchanged at 7 percent from its April outlook, according to its latest report released on July 17. The Asian lender projected the economy
WCO expands its pool of Free Zone Experts for the MENA Region
BRUSSELS : Free Zones are widely used around the world to promote exports and facilitate foreign direct investment. Appropriate Customs operations and procedures in Free Zones, in cooperation with the private sector and other