MANSA hails government’s exemption of 5% integrated GST on ‘ocean freight’ on import from 1st October 2023
MUMBAI : The Finance Ministry has notified changes to the IGST Act exempting payment of 5% integrated GST under reverse charge mechanism on ‘ocean freight’ on imports by CIF (Cost, Insurance and Freight) contract,
S Jaishankar is ‘architect’ of modern India-US ties, says top Biden official
NEW DELHI : A top Biden administration official has heaped praise on External Affairs Minister Shri S Jaishankar, calling him “incredibly talented” and an “architect” of modern India-US relations. Richard Verma, the Deputy Secretary of
GIFT City to rival global financial hubs
GANDHINAGAR : Last week, a group of senior bureaucrats, planners and stakeholders gathered for a closed-door meeting to discuss the masterplan for the 2,300-acre expansion of GIFT-IFSC Global City.Among the cities discussed as models
India-West Asia-Europe Economic corridor to give ‘fillip’ to Gujarat’s potential
AHMEDABAD : The proposed India-Middle East-Europe Economic Corridor will give a “fillip” to Gujarat’s “potential” as an investment hub, said state government officials, adding that the coastal state is the gateway to the Middle
India-Middle East-Europe Economic Corridor: Work on Rs 65,000 Crore Vadhavan Port Project to commence soon
MUMBAI : As part of India’s efforts to develop the India-Middle East-Europe Economic Corridor (IMEEC), the government has started mapping tasks for augmenting the capacity of ports on the western coast. The work on
Viral map depicts direct sea route between India & US ; Elon Musk reacts
NEW DELHI : A picture of map showing the possibility of a direct sea route from India to US has caught the attention of the internet, including billionaire Elon Musk.The picture of the 2D route map, posted on X
Jaishankar hails India-Middle East-Europe Economic Corridor
WASHINGTON : The India-Middle East-Europe Economic Corridor will have “enormous consequences” with the US as a “guarantor partner” in the project, India is already enmeshed in economies of West Asia, and Delhi and countries
CONCOR announces Sanjay Swarup as new CMD
NEW DELHI : Shri Sanjay Swarup appointed as the new Chairman and Managing Director of Container Corporation of India (CONCOR). This announcement follows the recent Annual General Meeting (AGM) held on September 26, 2023.