“Will undoubtedly buy”: FM Sitharaman says Russian oil suits India’s needs
NEW DELHI : Union Finance Minister Smt. Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest. “Whether it is Russian oil
Can’t leave exporters high and dry’: FM Sitharaman says package soon for exporters hit by US tariffs…
NEW DELHI : India will announce a package of relief measures to support exporters facing hardships in the wake of steep US Tariffs, Finance Minister Smt.Nirmala Sitharaman said on Friday.This statement comes as the
Govt sets up committee to examine tax, export clearance issues of manufacturing Sector
NEW DELHI : The Indian Government has formed a committee with representatives from the finance ministry, DPIIT, Department of Commerce, DGFT, RBI, industry chambers, export promotion councils, and consultancy firms. The committee’s mandate is
56th Meeting of the GST Council approves dual tax rate structure of 5% and 18%
NEW DELHI : The GST Council on September 3 approved a dual tax rate structure of 5 percent and 18 percent, removing the slabs of 12 percent and 28 percent, highly placed sources told.
FM Sitharaman chairs textile industry representatives’ meet on economic challenges
CHENNAI : Union Finance Minister Shri Nirmala Sitharaman chaired an interactive meeting with the representatives of the textile industry here on Tuesday in the backdrop of economic challenges affecting the sector, including concerns over
Indian Govt suspends import duty on cotton
NEW DELHI : The Finance Ministry has removed the 11% import duty on cotton till September 30. In a notification issued on August 18, the Ministry said the Customs Duty will not be levied
FinMin may soon notify infra status for ships
NEW DELHI : The government is preparing to grant infrastructure status to ships, with the Finance Ministry expected to issue a notification soon, sources told .According to those aware of the deliberations, the eligibility
Third India-Singapore Business Roundtable held in New Delhi
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman led the third India-Singapore Ministerial Roundtable (ISMR) along with Union External Affairs Minister Dr.S Jaishankar, Union Minister for Commerce and Industry