Maritime India on the move with govt backing: FM
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Wednesday laid out the government’s plans to “position India as a hub in new and diversified supply and value chains across the Indo-Pacific” with the
India signs pact with ADB for $400-million loan to support urban reforms
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to create high-quality urban infrastructure, improve service
Govt to increase customs duty on fishing vessels, tugs/pusher crafts and light vessels
NEW DELHI : In a bid to give impetus to Aatmnirbharbharat in the maritime sector, finance ministry is likely to raise basic customs duty (BCD) on fishing vessels, tugs and pusher crafts and light
Global uncertainties prompting shift to bilateral agreements : Nirmala Sitharaman
COLOMBO : Finance Minister Smt Nirmala Sitharaman, on November 1, said that there is a greater interest in the world now to forge regional and bilateral arrangements so that countries can protect their domestic
Union Finance Minister inaugurates the first Global Conference on Cooperation in Enforcement Matters (GCCEM)
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presided over as Chief Guest at the inaugural session of the first ever three-day-long Global Conference on Cooperation in Enforcement Matters
Customs using cutting-edge tech to detect illicit trade : CBIC Chairman
NEW DELHI : India’s Custom authorities are “actively deploying” cutting-edge technologies including big data analytics, artificial intelligence, image analytics to detect fraud and curb illegal trade, Central Board of Indirect Taxes and Customs (CBIC)
Use technology to catch big fish in illegal cross-border trade, FM Nirmala Sitharaman tells probe agencies
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Monday told global customs authorities to use technology to nab the big fish in illegal cross-border trade and to share information among themselves to bring
Govt crafts innovative scheme to boost Coastal Shipping
NEW DELHI : The government is weighing an innovative plan to promote coastal shipping by introducing integrated public-private-partnership (PPP) port projects at major ports by clubbing vessel acquisition with viability gap funding (VGF) support. VGF is