[ad_1] Union Commerce, Industry and Textiles Minister Piyush Goyal on Friday unveiled a new Foreign Trade Policy that moves away from providing incentives to exporters, but lowers a few costs for smaller firms and promises swifter clearances, along with a one-time amnesty scheme for export obligation defaults. Replacing the extant policy that had been in […]
Continue Reading
[ad_1] The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit widened by as much as […]
Continue Reading
[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]
Continue Reading
[ad_1] Former Niti Aayog vice-chairman Rajiv Kumar. File | Photo Credit: Sandeep Saxena India will still grow at 6%-7% in the next 2023-24 fiscal even as the economy may be affected by uncertain global conditions, former Niti Aayog Vice-Chairman Rajiv Kumar has said amid growing fears of the world slipping into a recession. Mr. Kumar further […]
Continue Reading
[ad_1] Union Minister Piyush Goyal on June 26 said India wants to capture the world market in all sectors and the country would “very soon” become a $30 trillion economy from the level of $3 trillion at present. The Minister for textiles and commerce and industry said the domestic textile industry has huge potential to […]
Continue Reading
[ad_1] Prime Minister Narendra Modi on June 23 appealed to exporters and the industry to fix long-term export targets for themselves and suggest ways to the government to achieve those figures. Also read: Explained | How significant is the attainment of India’s $400 billion exports target? Inaugurating the new Vanijya Bhawan in New Delhi, he […]
Continue Reading
[ad_1] The major news headlines of the day and more. The major news headlines of the day and more. In Denmark, PM Modi calls for immediate ceasefire in Ukraine Prime Minister Narendra Modi on Tuesday appealed for an immediate ceasefire in Ukraine and return to the path of dialogue and diplomacy to resolve the crisis, even as his […]
Continue Reading
[ad_1] S&P Global India Manufacturing PMI signals producers passed on costs to consumers at the sharpest pace in a year S&P Global India Manufacturing PMI signals producers passed on costs to consumers at the sharpest pace in a year India’s manufacturing sector recorded an acceleration in new orders and output in April, as per the […]
Continue Reading