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Tag: Finance Ministry

‘Orders cancelled, stocks piling’ – Kerala warns US tariff threaten Rs 2,500–4,500 crore hit to exports

EXPORT
KOCHI : Kerala estimates its export sector to see a Rs 2,500-4,500 crore hit annually due to US tariffs on Indian imports. Marine exports,...

Nirmala Sitharaman and Ashwini Vaishnaw launch NITI Aayog’s ‘AI for Viksit Bharat Roadmap’ and ‘Frontier Tech Repository’

COMMERCE
NEW DELHI : NITI Aayog on Monday launched two transformative initiatives, AI for Viksit Bharat Roadmap: Opportunity for Accelerated Economic Growth and NITI Frontier Tech Repository under its...

“Will undoubtedly buy”: FM Sitharaman says Russian oil suits India’s needs

Economy
NEW DELHI : Union Finance Minister Smt. Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be...

Can’t leave exporters high and dry’: FM Sitharaman says package soon for exporters hit by US tariffs

Economy
NEW DELHI : India will announce a package of relief measures to support exporters facing hardships in the wake of steep US Tariffs, Finance...

Govt sets up committee to examine tax, export clearance issues of manufacturing Sector

COMMERCE
NEW DELHI : The Indian Government has formed a committee with representatives from the finance ministry, DPIIT, Department of Commerce, DGFT, RBI, industry chambers,...

56th Meeting of the GST Council approves dual tax rate structure of 5% and 18%

Business
NEW DELHI : The GST Council on September 3 approved a dual tax rate structure of 5 percent and 18 percent, removing the slabs...

FM Sitharaman chairs textile industry representatives’ meet on economic challenges

COMMERCE
CHENNAI : Union Finance Minister Shri Nirmala Sitharaman chaired an interactive meeting with the representatives of the textile industry here on Tuesday in the...

Indian Govt suspends import duty on cotton

Global Trade
NEW DELHI : The Finance Ministry has removed the 11% import duty on cotton till September 30. In a notification issued on August 18,...

FinMin may soon notify infra status for ships

Business
NEW DELHI : The government is preparing to grant infrastructure status to ships, with the Finance Ministry expected to issue a notification soon, sources...

Third India-Singapore Business Roundtable held in New Delhi

Business
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman led the third India-Singapore Ministerial Roundtable (ISMR) along with Union External...
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