Vizhinjam to emerge as India’s biggest Port : FM Kerala
THIRUVANANTHAPURAM : Kerala Finance Minister Shri KN Balagopal on Tuesday announced that Vizhinjam is set to become India’s largest port within the next decade, establishing a new benchmark in the nation’s maritime and port trade. Speaking
MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports
NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports have increased from Rs 3.95 lakh
Union Budget 2025 : India may shift focus to railways from road transport in infrastructure push
NEW DELHI : India will bump up spending on the modernisation of its railways in the upcoming federal budget while marginally increasing allocations to road building, two government sources said. Prime Minister Shri Narendra
Budget 2025: Trade think tank GTRI bats for cut in average import tariff to 10%
NEW DELHI : The Global Trade Research Initiative (GTRI) proposed six reforms for Budget 2025-26 to boost India’s trade and manufacturing. The proposals include reducing the average import tariffs to around 10 percent to
Government to launch new Credit Guarantee Scheme for MSMEs covering loans up to Rs 100 crore
NEW DELHI ; The government is set to introduce a new Credit Guarantee Scheme for the Micro, Small, and Medium Enterprises (MSME) sector, providing collateral-free loans up to Rs 100 crore. Financial Services Secretary
Piyush Goyal reveals a new export strategy aiming for $2 trillion by 2030
NEW DELHI : The government is working on an export strategy to further accelerate the country’s goods and services shipments, Commerce and Industry Minister Shri Piyush Goyal has said. He said the ministry is
FinMin wraps up Pre-Budget talks with focus on jobs, growth, and demand
NEW DELHI : The Finance Ministry concluded nine rounds of Pre-Budget consultations on Monday, during which stakeholders proposed measures to boost consumption and employment, introduce tax concessions for individuals and MSMEs, and implement broad
India targets strong growth in 2025 amid inflation challenges and global headwinds
NEW DELHI : India will need to navigate geopolitical challenges, control domestic inflation, and encourage greater private sector investment as it strives to sustain its position as the world’s fastest-growing major economy in 2025,