No home advantage, garment exporters eye Vietnam base
The Indian textile and garment industry sees its woes accentuated by the recently-negotiated Trans-Pacific Partnership (TPP) that could give Vietnam duty-free access to the US market.
Commerce ministry pushes for MAT exemption, other benefits for SEZs
The ministry wants SEZ manufacturing units to be given the benefit of a 3% interest subvention scheme for exporters
Insurance in Kerala for rubber in NE
According to official sources, the ADB assistance, to be availed of by the Centre, would be extended to the NE states — 70% as loan and the balance as grant.
PM Modi to meet MNC chiefs in NY to hear their concerns
The MNCs are expected to raise concerns over the slow progress of negotiations on the proposed Bilateral Investment Treaty, among others
Govt gets set for some heavy lifting, to revamp HMT, HEC
The domestic capital goods industry, highly fragmented and under-performing, could receive a boost with the Modi government reading a comprehensive national policy for the sector with a plan to enforce it from December.
Irda asks Bharti-AXA to rework shareholder pact
Four months after the Foreign Investment Promotion Board and the Competition Commission of India had cleared European insurance major AXA SA’s proposal to hike its stake in its life and non-life insurance ventures with Bhar
States’ ranking: Govt to give hand-holder status
To allay fears that the ranking of states on ease of doing business could lead to “naming and shaming” of lower-ranked states and politicisation of the exercise, the Centre has decided to appreciate even the relative unde
India likely to take up industry concerns with China in high-level meet next week
Fears of ‘dumping’ from Chinese companies following the recent yuan devaluation are also expected to be discussed during the dialogue
Govt unlikely to achieve bankruptcy code target this winter session
The government is unlikely to achieve its “internal” target of introducing a bankruptcy code in Parliament in the winter session slated for November...
Commerce department: Steel trade trend not harmful
In the first quarter of this year, steel imports have increased at a brisker pace than exports but it is too early to resort to overprotective measures to arrest this trend, the department feels.
Proposed policy to push solar UMPPs of 3,000 MW & above
Sops may include capital, interest subsidies & customs duty relief
Govt prods Gujarat on land for DSIR
Disappointed that a dispute over a relatively small stretch of land is delaying the start of the core infrastructure development in the Dholera Special Investment Region...
India should turn crisis in global trade into opportunity
Even as China is trying to boost its exports and perk up its slowing economy by piggybacking on the recently devalued yuan...
‘India should make crisis in global trade an opportunity’
Even as China is trying to boost its exports and perk up its slowing economy by piggybacking on the recently devalued yuan, the Department of Industrial Policy and Promotion...
Land area norm for NMIZs may be eased
States with sizeable contiguous land area may get nod on guarantee they will meet 50-sq-km condition
Centre mulling Rs 5,000-crore boost to push exports
With merchandise exports shrinking for the eighth consecutive month in July, the government is looking to provide an additional Rs 5,000 crore towards covering more sectors and markets under the reward programme
UAE to talk gold during Modi visit
The UAE is likely to take up the issue of prevailing "high import duty" on gold in India during the visit of PM Narendra Modi...
FE Exclusive: SC ends Toshiba’s five-year ordeal, allows company to supply ‘green power’
Allows company to supply green power
PSBs should have an arm’s length relationship with the govt: Thomas Richardson
It is good the govt and RBI are not taking the easy road by encouraging large loan write-offs in the hope that growth will pick up
‘PSBs should have an arm’s length relationship with the govt’
'It is good the government and the RBI are not taking the easy road by encouraging large loan write-offs in the hope that growth will pick up.'
Huawei’s ‘Make in India’ project hangs in balance
Huawei's plan to set up unit stuck over levy of anti-dumping duty
Envoys told to avert fallout of drug regulators’ actions
New Delhi has asked diplomatic personnel stationed in key European countries to try and avert any adverse fallout on India's generic drug exports.
DIPP clarification soon on FII in banking, defence
A day after the Cabinet approved a composite-cap policy for foreign investment, sources from the department of industrial policy and promotion (DIPP)...
Tax Flipkart, Amazon, Snapdeal, other e-tailers like traders: States
Even as taxation of e-commerce continues to be a vexed issue, several states have told the Centre that firms like Flipkart, Amazon and Snapdeal need to be treated like retailers...
New financing model to be compatible with pharma sector’s special needs
Commerce ministry, Exim Bank to unveil model to meet longer-term loan requirements
Project exports set to get boost
Centre to augment credit cover corpus
STEP loan: Govt seeks time-bound tech transfer
Meet to discuss Japan's reluctance to accept Indian demands on tweaking loan conditions at recent talks
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
