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G20 Meeting in Mumbai deliberates on Trade Finance Cooperation among G20 Member Countries
G20 Meeting highlights role of Trade in Development of countries and exhorts for Inclusive Trade Finance “All countries…
India to allow US firms to bid for Govt. contracts worth $50 billion in wider scope for foreign firms: Report
India and UK agreed on a free trade pact that gives British firms access to Federal Government contracts…
A New Tree of Flowering Plants? For Spring? Groundbreaking.
Almost every plant we eat has a flower and flowering plants populate every corner of the planet. After…
India notifies sugar exports quota of 5,841 tons for EU
TRQ is a quota for a volume of exports that enters the European Union (EU) with relatively low…
How Gujarat is Shaping Up as India’s Semiconductor Hub, Building on its Strength as an Economic Powerhouse
Gujarat is emerging as India’s primary semiconductor centre, with major investments being attracted by policy support, abundant land,…
Private sector General Insurers for growth and development of insurance sector
DFS Secretary Dr. Vivek Joshi chairs meeting with private sector General Insurers for growth and development of insurance…
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Changes in Taxation for Mutual Funds
Mutual funds are becoming the popular route for retail investors to participate in the capital markets with assets under management of the industry crossing ₹60 lakh crores. The Union Budget 2024-25 has changed capital gains taxes on financial assets. WHAT IS THE TAX REGIME FOR EQUITY-ORIENTED MF SCHEMES? As per income tax laws, any gain […]
Public procurement rules revised to boost local manufacturing
The most visible impact of this order will be seen in the Government buying of IT and other technology products. In an effort to further push the Make in India…
Wholesale inflation soars to 16 months high of 3.4%
The wholesale price inflation surged to 16 months high in June as food and manufactured product prices shot up. Data released by the Commerce and Industry Ministry showed inflation, as…
Exports grow for 3rd month in a row, trade deficit rises
India’s exports grew for the third straight month, rising 2.6% to $35.2 billion, while imports increased 5% $56.2 billion. As a result, trade deficit rose to $21 billion, compared with…
Industry body urges FM to continue 45-days MSME payment rule for buyers
SME Chamber of India argues that provision serves as incentive for companies to adhere to payment timelines, thereby supporting MSMEs’ financial health. The Chamber has urged Finance Minister, Smt. Nirmala…
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