Decline in FDI temporary, India’s long term growth story strong: DPIIT Secretary
NEW DELHI : Tweaking of PLI tenure on the table; Incentives for white goods PLI will start flowing in the last quarter of FY24: Secretary The recent drop in foreign direct investment (FDI) in India was
Centre likely to achieve fiscal deficit target of 5.9% of GDP in FY24
NEW DELHI : The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, Junior Finance Minister Bhagwat Karad said on Monday. India’s fiscal
GIFT City unveils draft development plan for expansion; to engulf 5 villages in vicinity
GANDHINAGAR : The Gujarat government on Friday unveiled a draft development plan for the expansion of Gujarat International Finance Tec-City or GIFT City in Gandhinagar which will inflate its present size by three times.
Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat
NEW DELHI : The Indian manufacturing sector is experiencing a surge in investments, marking a significant milestone in the nation’s economic landscape. According to a report by Colliers, this has poised India’s manufacturing market
Indian Govt is likely to address inverted duty structure for certain products in Budget
NEW DELHI : The government is likely to address the issue of inverted duty structure for certain products in the forthcoming Budget to boost domestic manufacturing, an official said. Inverted duty structure refers to
Ship building and repair clusters will be developed in coastal cities : Sonowal
NEW DELHI : Speaking at the Deloitte India Government Summit 2023, MoPSW Shri Sarbananda Sonowal said the India Middle East Europe Economic Corridor (IMEEC) plan will encompass building next generation mega ports in India.
India and Oman fast-track FTA negotiations in boost to economic ties
A team of officials from India’s Department of Commerce is currently in Muscat, engaged in negotiations for a comprehensive free trade agreement (FTA) with Oman. The department has set an internal deadline to finalize the deal
Govt supports the export sector to make it self-sufficient : Piyush Goyal
NEW DELHI : Union Minister of Commerce Shri Piyush Goyal said that the government is supporting the export sector to make it self-sustaining and cost competitive. Addressing Infinity Forum 2.0 virtually at Gujarat Finance
