December 29, 2025
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India to become third largest economy with GDP of $5 trillion in three years : Finance Ministry

January 30, 2024 Trade, Economy, Trending News
NEW DELHI : India is anticipated to become the third-largest economy in the world with a GDP of $5 trillion in the next three years, the Finance Ministry said on Monday. The ministry added

Nirmala Sitharaman says every partner should collaborate for India to become 3rd largest Economy by …

January 29, 2024 Customs, Economy, Global Trade, Trade, Trending News
NEW DELHI : Union Finance Minister Smt Nirmala Sitharaman stated on Saturday that Customs Department initiatives, including Faceless Assessment and Single Window Clearance, must evolve with the overarching goal of boosting trade growth. She

Budget 2024 : FM to announce a Maritime Development Fund or not, to ease financing woes of fleet own…

January 29, 2024 Trade, Economy, Maritime, Trending News
NEW DELHI : The government’s policy managers are working on the contours of a Maritime Development Fund or MDF that seeks to extend low-cost, long-term capital to the sector, backing India’s ambitions to become

CBIC celebrates International Customs Day-2024 with theme of ‘Customs engaging traditional and new p…

January 29, 2024 Customs, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday celebrated the International Customs Day- 2024 here. This year, the World Customs Organisation (WCO) has dedicated the International Customs Day

India negotiating trade facilitation pact with 10 countries currently : CBIC Chairman

January 29, 2024 Customs, COMMERCE, Trade, Trending News
NEW DELHI : In a bid to facilitate faster customs clearance for traders, India is currently negotiating Mutual Recognition Agreements (MRAs) with 10 countries, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay

Government allows direct listing of securities by public Indian companies on International Exchanges…

January 25, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In pursuance of the announcement on July 28, 2023 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to enable direct listing of Indian Companies at GIFT- IFSC exchanges

Budget 2024 : Customs duty inversions on key items may be corrected in ‘Make in India’ p…

January 24, 2024 Customs, Trade, Trending News
NEW DELHI : India’s ‘Make in India‘ push may continue in the upcoming interim Budget as the central government is likely to majorly address the issue of inversions in custom duties imposed on various

Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters

January 18, 2024 EXPORT, COMMERCE, Economy, International Shipping, Trade, Trending News
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could

Finance Minister highlights GIFT City’s role in India’s financial evolution

January 12, 2024 Trade, Economy, Global Trade, Trending News
GANDHINAGAR : Finance Minister Smt Nirmala Sitharaman on Thursday said that the Gujarat International Finance Tec-City (GIFT City) can play a pivotal role in realizing India’s vision of becoming a developed country by 2047

Maritime India Vision 2030 drives ambitious plan to transform ports

January 8, 2024 Logistics, Maritime, Ports, Shipping, Trending News
NEW DELHI : The country’s major ports are continuing to significantly improve their key operational performance parameters during the current financial year as they have handled higher cargo volumes with faster loading and unloading
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