December 29, 2025
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Retailers urge FinMin and GST Council not to go for higher 35% tax rate

December 13, 2024 Trade, Economy, Finance, Trending News
NEW DELHI : Indian Sellers Collective, an umbrella body of trade associations and sellers across the country, has urged the finance minister and the GST Council not to accept some of GST rate rationalisation

Indian shipping directorate consults on India P&I Club

November 29, 2024 Shipping, Maritime, Trending News
NEW DELHI : The plan for a new Indian Protection & Indemnity (P&I) Club has taken a step closer to reality with news that the Indian Directorate General of Shipping has issued a tender

Fin-Min highlights export hurdles amid weakening demand in developed nations

November 27, 2024 Export - Import, Economy, Finance, Global Trade, Trending News
NEW DELHI : India’s export recovery may face challenges due to softening demand in developed markets, the Ministry of Finance stated in its monthly report on Monday. Merchandise exports registered moderate growth during the

MSMEs will get collateral free loans of upto Rs 100 Crore via New Credit Model : FM Sitharaman

November 11, 2024 Trade, Business, Economy, Finance, Global Trade, Trending News
BENGALURU : Union Finance Minister, Smt. Nirmala Sitharaman said at National MSME Cluster Outreach Programme here, that a new credit assessment model by public sector banks will be rolled out soon. This model will help the

India to impose FDI restrictions to safeguard national interest : FM Sitharaman

October 25, 2024 Trade, Economy, Finance, Global Trade, Trending News
WASHINGTON D.C. : India will impose restrictions on foreign direct investment (FDI) in the national interest to ensure safeguards due to its location in a highly sensitive neighbourhood said Finance Minister Smt. Nirmala Sitharaman

India to be World’s 3rd Largest Economy by 2027: FM Sitharamam

October 23, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW YORK : Finance Minister Smt. Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy by 2027. India currently is the

Central Govt. considers seed funding to establish a shipping insurance entity

October 11, 2024 Trade, Economy, Finance, Ports, Shipping
NEW DELHI : With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its funds as a preliminary investment. This approach would involve private

PM Modi addresses third edition of Kautilya Economic Conclave in New Delhi

October 5, 2024 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : The Prime Minister, Shri Narendra Modi addressed the Kautilya Economic Conclave in New Delhi. Organized by The Institute of Economic Growth in partnership with the Ministry of Finance, the Kautilya Economic

Centre working on framework to take manufacturing into Tier II and III towns : DPIIT Secretary

October 1, 2024 Trade, Business, COMMERCE, Economy, Finance, Trending News
NEW DELHI : In a bid to take manufacturing deeper into the geography, the Centre is working on a framework that would enable investors to set up factories in Tier II and Tier III

CBIC extends export benefits to courier shipments to boost e-commerce

September 14, 2024 EXPORT, COMMERCE, Economy, Finance, Logistics, Trade, Trending News
NEW DELHI : In a significant move aimed at enhancing India’s e-commerce export landscape, the Central Board of Indirect Taxes and Customs (CBIC) has extended export-related benefits under the duty drawback, Remission of Duties and Taxes
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