India to identify key sectors to drive its roadmap for becoming a Global Manufacturing Hub
NEW DELHI : The NITI Aayog is currently in the process of identifying around twelve sectors in which India can emerge as a global manufacturing hub. This initiative involves assessing the export potential of
BRICS: De-Dollarization becoming a reality
SHANGHAI : The BRICS Alliance kick-started the de-dollarization initiative early this year and a handful of countries are considering ditching the US dollar for global trade. While the idea of de-dollarization seemed to be
PM Modi’s ‘Vocal for Local’ vision ignites India’s toy industry, driving export growth and economic strength
NEW DELHI : India’s toy industry is experiencing a significant boost thanks to Prime Minister Shri Narendra Modi’s ‘Vocal for Local’ campaign which has ignited substantial export growth, contributing to the country’s economic strength.
India asks WTO to work on clear definition of e-commerce trade in goods, services
GENEVA : India has asked the WTO members to work on a clear definition of e-commerce trade in goods and services as it would help provide developing countries a policy space to make decisions
Global glass giant Corning to commence production in India by 2024 end
NEW DELHI : Corning, the largest specialised glass manufacturer for electronics globally, has officially announced a collaboration with Optiemus Infra to produce finished cover glass in India. The new factory is expected to receive
WCO organizes Second Symposium on E-Commerce and Customs Valuation
BRUSSELS : On 23 October 2023, the World Customs Organization (WCO) held its second Symposium on E-Commerce and Customs Valuation. Following the first Symposium in February, which underscored numerous challenges stemming from E-Commerce transactions, the
India poised to become $5 Trillion Economy : G20 Sherpa
NEW DELHI : India is poised to become a USD 5 trillion economy and the challenge for the country will be to grow at 8-9 per cent for the next three decades, India’s G20
CBIC issued circular regarding the revision of All Industry Rates (AIRs) of Duty Drawback
NEW DELHI : The CBIC issued Circular No. 26/2023-Customs dated October 26, 2023, regarding the revision of All Industry Rates (AIRs) of Duty Drawback. These revisions were notified in Notification No. 77/2023-Customs (N.T.) dated October 20,
