UK surpasses China to become India’s 4th largest export market
NEW DELHI : The United Kingdom (UK) has overtaken China to become India’s fourth-largest export market in May 2024, commerce department data showed. The UK was India’s sixth-largest export destination in May last year. While exports to the UK grew by
Fship plans major expansion: Hiring 100+ professionals to fuel 30% month on month shipment growth
NEW DELHI : Fship, a Delhi/NCR-based, technology-driven shipping aggregator and end-to-end logistics solution provider, is gearing up for a major expansion. The company has announced plans to recruit over 100 new employees by the
S&P retains India’s FY25 GDP forecast at 6.8%; lower than RBI’s estimate
NEW DELHI : S&P Global Ratings on Monday retained India’s GDP growth forecast for the current financial year at 6.8 per cent and said high interest rates and lower fiscal spur would temper demand.
GST Council proposes to restrict IGST Refunds on Goods Subject to Export Duty
NEW DELHI : The GST Council recommended important amendments in Section 16 of the IGST Act and Section 54 of the CGST Act. The proposed amendments seek to restrict the refund of IGST in
DGFT and Revenue Dept working on dedicated hubs to boost e-commerce exports
NEW DELHI : In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to
Commerce Ministry in talks to upgrade FTA with South Korea
NEW DELHI : While India gave significant tariff concessions, there’s a push for South Korea to give more meaningful concessions, especially for competitive Indian products. With talks to upgrade the existing Free Trade Agreement
John Chambers predicts India will lead global economy, surpassing US and China
WASHINGTON D.C. : John Chambers, former CEO of Cisco Systems and renowned advocate for US-India relations, on Friday (June 21) boldly predicts India’s ascendance to becoming the world’s largest economy. Speaking exclusively to CNBC-TV18’s
Nitin Gadkari asks industries to establish skill development institutes
NAGPUR : Union Minister of Road Transport and Highways, Shri Nitin Gadkari, on Saturday urged industries to initiate skill development institutes to create a skilled and industry-ready workforce. Addressing the CII-Industry Academia Conclave in