Commerce ministry to seek duty relief for SEZs
NEW DELHI : The commerce ministry may float a proposal to allow units in special economic zones (SEZs) to sell goods in the domestic market, at least temporarily, at the lowest tariffs at which
Stimulus plans revive investor confidence
DUBAI : Government stimulus plans have revived the confidence of investors and businesses, and they are poised to play a more active role in stabilising Dubai’s economy, says a top official. Abdulla bin Damithan,
Need Calibrated Steps to Support Economic Recovery: PHDCCI
NEW DELHI : Also asks government to do away with customs duties on import of primary raw material Calibrated measures are needed to support the country’s economic recovery and to diminish the daunting impact
Samsung shifts display manufacturing unit from China to UP’s Noida
Electronics major Samsung has completed the construction of the display manufacturing unit that is shifted from China to Noida in Uttar Pradesh, a release said . A delegation of electronics major Samsung led by
New levels of disruption affecting global trade
A few weeks into a very substantial port congestion in Yantian caused by a Covid-19 outbreak, supply chain disruptions continue to be very present in global trade. COPENHAGEN : After a six-day stop on
Forex reserves rise $3.07 billion to lifetime high of $608.08 billion
MUMBAI : Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The country’s foreign
India signs $484 m loan pact with ADB for an industrial corridor project in TN
Project emphasises sustainability, climate change resilience, and road safety elements CHENNAI : The Government of India has signed a $484 million loan agreement with the Asian Development Bank to improve transport connectivity and facilitate
Shanghai to Europe rates rise for 10th consecutive week
Freight rates for container exports from the Port of Shanghai in Week 23 increased from the previous week on several trade routes, which do not include those to the west coast of North America