Indian textile exports rise on demand from CIS and South Asian markets
NEW DELHI : Indian textile exports have increased 4.15% in the first quarter of the current fiscal year, driven by rising demand from Commonwealth of Independent States (CIS) and South Asian markets. According to
German lens maker Carl Zeiss invests ₹2,500 crore in new lens manufacturing facility in India
BENGALURU : Carl Zeiss India, the Indian arm of German optics, opto-electronics, lenses and medical technology brand Carl Zeiss, said it would start production of lenses in India from June 2025. The firm has acquired
Ashwini Vaishnaw says Rs 15,940 crore allocated for Maharashtra projects, 250 new suburban services to be introduced in Railway Budget 2024
NEW DELHI : The Indian Railways is all set to introduce 250 new suburban services in Mumbai in the next five years, build new mega terminals, and redesign the rail network for seamless travel in India, Railways
India says it plans to simplify GST rate regime in coming months
NEW DELHI : India is working on simplifying the country’s sales tax regime by introducing three slabs instead of the existing four rates, a top tax official said. “Too many rates in goods and
Angel tax abolition to further ease funding winter for Indian startups
NEW DELHI : The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.The
India committed to FTA with the U.K. : PM Modi
NEW DELHI : India is committed to concluding a Free Trade Agreement with the United Kingdom, said Prime Minister Shri Narendra Modi on Wednesday, after meeting the visiting Secretary of State for Foreign, Commonwealth and Development Affairs
GIFT City and Diamond industry greet Union Budget 2024
GANDHINAGAR : The Diamond sector in Gujarat and the GIFT City on Tuesday welcomed the Union Budget presented by Finance Minister Smt Nirmala Sitharaman, with industry leaders calling it a launch pad for a
India creates legroom to sign UK, EU FTAs with Customs Act amendments
NEW DELHI : To create legroom for signing free trade agreements (FTAs) with developed nations such as the UK and European Union, the Union Budget 2024 has introduced amendments in the Customs Act, liberalising