Customs officer hails traders as real heroes of economy at EXIM-23 Summit
KOCHI : The trading community is the driving force of the economy and the government is promoting trade and commerce actively, Customs Commissioner Gurkaran Singh Bains said here on Friday. The Indian Revenue Service
Ashok Leyland expects 20% revenue from exports in 5 years : Dheeraj Hinduja
CHENNAI : Hinduja Group-owned commercial vehicles maker Ashok Leyland expects over one-fifth of its revenue to come from exports in the next five years, according to company’s Executive Chairman Dheeraj Hinduja. The thrust is
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,
Saudi Arabia seeks trade deals, mulls BRICS offer to lift exports
RIYADH : Saudi Arabia is looking to sign more free trade agreements and still considering joining the BRICS club of emerging nations, as it looks to boost non-oil exports, according to the Kingdom’s Minister
COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7% year-on-year to 11.4 million TEUs. Moreover, the
Cabinet approves Semiconductor Supply Chain Partnership between India & Japan
NEW DELHI : The Union Cabinet has approved a memorandum of cooperation between India and Japan on a Semiconductor Supply Chain Partnership, an official statement said on Wednesday. The memorandum of cooperation between the two countries was
Union Commerce and Industry Minister Piyush Goyal to attend G7 Trade Ministers’ meeting in Osaka, Japan
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal will attend the Group of Seven (G7) Trade Ministers’ Meeting in Osaka, Japan from
Govt eyeing shift to BOT as private cos show interest in roads sector : Nitin Gadkari
NEW DELHI : The federal government will bid out over ₹2 lakh crore price of highway tasks on the build-operate-transfer (BOT) mannequin by March 2024, giving a renewed push to the public-private partnership in highway building,