NEW DELHI : For long-term financing for the maritime industry, the Union Finance Minister Smt. Nirmala Sitharaman has proposed to set up a Maritime Development Fund with a corpus of Rs 25,000 crore. Announcing
NEW DELHI : In a massive boost to India’s Shipbuilding industry, the Modi Government has accorded the coveted ‘infrastructure’ status for large ships. Finance Minister Smt. Nirmala Sitharaman announced in her speech for Budget 2025-26 on
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal hailed the Union Budget 2025-26 as a transformational budget, with a balanced and forward-looking approach. “Continuity is evident in the Budget, but very strategic
NEW DELHI : “The faster economic growth that India needs is only possible if the union and state governments continue to implement reforms that allow small and medium enterprises to operate efficiently and compete
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
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
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
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
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
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