FinMin : New PPP model on cards to woo infra investors
NEW DELHI : The Finance Ministry plans to bring out a new Public-Private Partnership (PPP) architecture and a standard model concession agreement (MCA) framework for various sectors in FY24 to burnish the allure of
Finance Minister chairs meeting to review the preparedness of Public Sector Banks in wake of the stress in banking systems in the US and Europe
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting here to review the performance of Public Sector Banks (PSBs) on various financial health parameters, and the resilience
Balmer Lawrie Board approves incorporation of subsidiary in Dubai for logistics
KOLKATA : State-owned Balmer Lawrie said in a regulatory filing that the “board of directors of the Company at its Meeting held on March 24 has inter-alia, considered and approved the Incorporation of wholly
Govt. of India approves broken rice exports of 3.5 lakh tonnes to Gambia & Senegal
NEW DELHI : Indian Government has approved the export of 3.5 lakh tonnes (lt) of broken rice to Gambia and Senegal as a special consideration as shipments of this variety were banned on September 8,
India to spend 1.7% of its GDP on logistics to set stage for $5 trn economy
NEW DELHI : India will spend a whopping 1.7 per cent of its GDP on transport infrastructure this year — around twice the level in America and most European countries — a feat that
MoPSW for VGF Scheme change to push operational expenditure
NEW DELHI : The shipping ministry has identified a potential of 340 million tonnes of cargo movement by coastal shipping per annum. In a bid to promote coastal shipping, the shipping ministry has asked
Customs field formations and DRI keep constant vigil to deter smuggling of gold and drugs
NEW DELHI : The Directorate of Revenue Intelligence (DRI) celebrated its 65th Founding Day on 5th December 2022 in an Inaugural Function held in New Delhi. This was stated by Union Minister of State for Finance
Govt increases duty refunds to exporters despite of approaching global recession
NEW DELHI : The Budget has increased the duty refunds to exporters, amid a looming global recession.The allocation under Remission of Duties and Taxes on Export Products (RoDTEP) scheme has been raised 10 per