EEPC India proposes ‘faceless’ GST audit system to boost ease of doing biz
NEW DELHI : The Engineering Export Promotion Council (EEPC), India on Sunday proposed the introduction of a faceless GST audit system to boost ease of doing business in the country. The apex engineering exports
India-Australia Economic Cooperation and Trade Agreement marks two years of success
NEW DELHI : The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes two years of remarkable success, driving mutual growth and showcasing the complementarity of both economies. The Ind-Aus ECTA has significantly advanced
Logistics major Flomic Global Logistics accelerates expansion plans amid industry shifts
NEW DELHI : As global markets recover and e-commerce reshapes supply chain dynamics, Flomic Global Logistics is gearing up to expand its presence in the cross-border logistics sector. The company aims to capitalise on
Nitin Gadkari highlights role of AI in transforming India’s Logistics Sector
NEW DELHI : Union Minister Shri Nitin Gadkari has emphasized the transformative potential of Artificial Intelligence (AI) in revolutionizing India’s logistics sector. Addressing the ‘Revolutionizing Supply Chain with Artificial Intelligence’ conference organized by the
DPIIT establishes 1,300+ manufacturing units under PLI Scheme in 2024
NEW DELHI : Success related to the production-linked incentive (PLI) Scheme to boost the start-up ecosystem, streamlining logistics, enhanced foreign direct investment (FDI) inflows and establishing of over 1,300 manufacturing units under the PLI
CAD of India moderates marginally to 1.2% of GDP in Q2FY25
NEW DELHI : India’s current account deficit (CAD) moderated marginally to 1.2 per cent of GDP in the second quarter (Q2: July-September) of FY25 against 1.3 per cent in the year-ago period. The moderation is due to an
Department of Commerce-Year End Review 2024
NEW DELHI : Following are the important achievements and milestones of the Department of Commerce in the year 2024: Free Trade Agreement (FTA) negotiations India and the European Free Trade Association (EFTA) signed the Trade and
WT-ECIB Scheme likely to benefit 1,000 new small exporters : Commerce Ministry
NEW DELHI : The ECGC is aiming to reduce the export credit gap through the WT-ECIB Scheme, which is expected to benefit about 1,000 new small exporters, in addition to the existing 8,000-odd by