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New Delhi [India], October 25 (ANI): Union Minister of Commerce and Industry Piyush Goyal met Anne-Laure Parrical de Chammard, Member of the Executive Board of Siemens Energy, in Berlin to explore ways to enhance cooperation in developing reliable, affordable and sustainable energy systems. The discussions underlined India's consistent focus on clean energy and its commitment to global partnerships that support the nation's transition towards a low-emission and sustainable future. Sharing detai ...Read More >
In Berlin, Piyush Goyal met with EU Commissioner Dombrovskis to address outstanding issues in the India-EU Free Trade Agreement, aiming for a year-end deal.Source : PTI New Delhi, Oct 24 (IANS) Commerce and Industry Minister Piyush Goyal on Friday held a discussion with EU Commissioner for Economy and Productivity V Dombrovskis in Berlin on outstanding issues in the India-EU Free Trade Agreement in order to enable the two sides to reach a balanced and mutually beneficial trade deal by the year- ...Read More >
Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procurement amounting to appr ...Read More >
Founder of trade think tank Global Trade Research Initiative, Ajay Srivastava (Image: ANI)Amid a global economic slowdown, India must shift its export strategy towards long-term competitiveness, advises GTRI's Ajay Srivastava. As the global economy slows and trade dynamics shift, India must shift focus from traditional export strategies to building long-term competitiveness through technology, cost efficiency, and domestic capability, says Global Trade Research Initiative (GTRI) founder Ajay Sr ...Read More >
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has ordered the creation of an online portal for homestay registrations within ten days. He also directed that all payments in Himachal Pradesh Tourism Development Corporation hotels and government guesthouses be made online. Tenders will be issued for user-friendly online portals across departments. Professional architects will be empanelled for tourism projects. Shimla: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday di ...Read More >
New Delhi, Oct 23 (PTI) Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procu ...Read More >
New Delhi, Oct 19 (SocialNews.XYZ) Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister Keir Starmer in Mumbai to advance the India-UK trade and investment partnership as major highlights of his ministry in the last fortnight. "The Trade and Economic Partnership Agreement (TEPA) between India and the EFT ...Read More >
The Bombay Chartered Accountant Society (BCAS) has urged the Union Finance Ministry to extend the due date for filing GSTR-3B returns for September 2025, citing its clash with the Diwali festive period. The current statutory deadline of October 20, 2025, falls immediately after Sunday, October 19 -- right in the middle of the major festival week when offices across the country are closed. In its representation dated October 8, 2025, BCAS said the overlap between the filing date and Diwali festi ...Read More >
New Delhi, Oct 17 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal said on Friday that India has undergone a significant shift in recent years and that it now negotiates from a position of strength, reflecting the country's growing economic confidence and global stature in terms of India's approach to Free Trade Agreements (FTAs) and other trading arrangements. Addressing the annual conference and 105th annual general meeting of Assocham in New Delhi, Goyal said the country is now e ...Read More >
NEW DELHI, Oct 14 (Reuters) - India will resume all postal services to the United States from Wednesday after putting in place systems to collect duties upfront, the Department of Posts said, ending a nearly two-month suspension triggered by new U.S. import regulations. Postal shipments to the United States were halted in August after the U.S. administration issued an executive order suspending the "de minimis" exemption that had allowed low-value commercial shipments to enter the country witho ...Read More >
VIJAYAWADA: HRD and IT Minister Nara Lokesh announced that global tech giant Google will invest $15 billion (Rs 1.25 lakh crore) in setting up India's largest data center in Visakhapatnam, calling it the single biggest Foreign Direct Investment (FDI) in the country's history. He said the project represents not just a victory for the state, but a proud moment for the entire country. Addressing a press conference at his Undavalli residence on Wednesday, Lokesh said the milestone was possible onl ...Read More >
Mumbai: The Madhya Pradesh government has received investment proposals worth over ₹74,300 crore following an interactive session with industry leaders in Mumbai, as the state steps up its efforts to attract private sector participation across key sectors. Chief Minister Dr. Mohan Yadav said the state's recent policy reforms -- 18 new measures introduced during the Global Investors Summit -- have improved the ease of doing business and accelerated project clearances. Of the total proposals, ₹19 ...Read More >
Recently, PM Modi launched nearly 1 lakh towers for state-run Bharat Sanchar Nigam Limited (BSNL), which will provide fourth-generation-backed high-speed mobile services to consumers, including in rural and remote regions. NEW DELHI: Prime Minister Narendra Modi on Wednesday said that the "Made-in-India" 4G stack is ready for exports, demonstrating the country's rising presence in global technology markets. At the inaugural event of the India Mobile Congress (IMC) 2025, PM Modi said the develo ...Read More >
Mumbai, October 7: With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled foreign currency settlement system in GIFT City. Addressing the 'Global Fintech Fest 2025' here, Sitharaman said that "foreign currency settlement system to solve the problem of facilitating seamless transactions on real-time basis, enhance liquidity management, and ensuring compliance." IMC 2025 on October 8: PM Narendra Modi to Inaugurate ...Read More >
Mumbai, Oct 7 (SocialNews.XYZ) With an aim to boost international trade, investment, and ease of doing business, Finance Minister Nirmala Sitharaman on Tuesday unveiled foreign currency settlement system in GIFT City. Addressing the 'Global Fintech Fest 2025' here, Sitharaman said that "foreign currency settlement system to solve the problem of facilitating seamless transactions on real-time basis, enhance liquidity management, and ensuring compliance." She further informed that the FCSS will ...Read More >
New Delhi: Federal policy think tank NITI Aayog on Friday proposed a presumptive taxation scheme for offshore companies deriving profits from India as part of efforts to enhance the country's appeal to investors with tax certainty and ease of doing business. NITI Aayog said such an optional, industry-specific scheme, along with broader legislative clarity, administrative efficiency, strong dispute resolution schemes and adoption of global best practices, will dramatically cut litigation. That w ...Read More >
New Delhi, Oct 3 (SocialNews.XYZ) Industry association Engineering Export Promotion Council of India (EEPC India) on Friday welcomed the relaxation of Merchanting Trade Transaction (MTT) rules, saying that it would significantly improve the ease of doing business, particularly for small exporters and retailers. The Reserve Bank of India (RBI) has eased the MTT rules by extending the time period for outlay of foreign exchange from four to six months, effective as of October 1, 2025. The central ...Read More >
Mumbai, Oct 3 (PTI) The Maharashtra government has allowed shops and commercial establishments, including residential hotels, restaurants, eateries, theatres, places of public amusement or entertainment, to remain open all 24 hours a day across the state. A Government Resolution (GR) issued to this effect on October 1, however, made it clear that establishments involved the sale and supply of liquor, including wine shops, beer bars, dance bars, hookah parlours, discotheques and permit rooms, ca ...Read More >
The Finance Ministry has launched a detailed inquiry into corruption allegations against Chennai Customs by Wintrack Inc., an import company that shut down its business citing harassment and bribe demands. A senior officer will conduct a factual examination, while the CBIC claims the issue involves misdeclaration by the importer. The government assures serious action. New Delhi: Amid allegations of corruption levelled against Chennai Customs by Wintrack Inc, the Finance Ministry on Thursday sai ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
MUMBAI: While the RBI-led MPC has underwhelmed headline-seekers with its unanimous vote for status-quo on the benchmark rates, the Reserve Bank has overwhelmed them with a flurry of measures -- as many as 22 regulatory changes to count -- aimed at improving customer convenience, credit flow to the economy and individuals, and the overall ease of doing business for all along with reducing the compliance cost for regulated entities. Unveiling the 22 additional measures, Governor Sanjay Malhotra s ...Read More >
NEW DELHI, Oct. 1 (Xinhua) -- The Indian central bank, Reserve Bank of India (RBI), on Wednesday announced several measures to help exporters. The RBI Governor Sanjay Malhotra, in his statement after the culmination of the bank's three-day Monetary Policy Committee deliberation, said the export sector remains a vital part of India's economy. "To further strengthen the sector and enhance ease of doing business, we shall extend the time period for repatriation from foreign currency accounts of I ...Read More >
Mumbai: The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian shipments. The measures include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," said RBI Governor Sanjay Malhotra, while announcing steps to further strengthen the sector and enhance ease of doing business for traders. One of t ...Read More >
New Delhi: The Reserve Bank of India (RBI), on Wednesday, announced several measures to help exporters tide over challenges posed by the imposition of 50% tariffs by the US. These include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," RBI governor Sanjay Malhotra said while announcing steps to further strengthen the sector and enhance ease of doing business for traders. Extension of the time period for repatria ...Read More >
Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam. Through "atmanirbharta", India is building supply chains to navigate through weaponisation of trade, Union Minister of Commerce and Industry Piyush Goyal said on September 30. Delivering the address at the curtain raiser event for the 30th CII Partnership Summit in New Delhi, Goyal said g ...Read More >
New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
VIJAYAWADA: Chief Minister Nara Chandrababu Naidu has invited global industry leaders to the CII Partnership Summit in Visakhapatnam on Nov 14 and 15. He said, "Andhra Pradesh is endowed with unique advantages, including a long coastline, an investment-friendly atmosphere with pro-industry policies, and a technologically skilled youth force." Speaking as the chief guest at the curtain-raiser of the 30th CII Partnership Summit in Visakhapatnam, in Delhi on Tuesday evening, the CM said he is hos ...Read More >
New Delhi [India], September 30 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Monday said that India is steadily advancing on three core principles: Aatmanirbharta (self-reliance), Aatmavishwas (self-confidence), and Aatmaraksha (self-protection). "India is advancing on three foundational principles - Aatmanirbharta, Aatmavishwas, and Aatmaraksha. We are building robust capabilities, resilient supply chains, and dynamic value chains, while engaging globally from a position of st ...Read More >
Bhubaneswar : The Odisha Cabinet on Monday approved an outlay of Rs 12,000 crore to set up 2,200 primary schools under Godabarish Adarsha Vidyalaya (GAV) scheme in three years from 2025-26, Chief Minister Mohan Charan Majhi said. The State Cabinet meeting, chaired by Majhi, also approved three other proposals including beautification of Maa Tarini Temple at Ghatagaon in Keonjhar district at a cost of Rs 226 crore. Briefing mediapersons after the meeting, the Chief Minister said at least one mod ...Read More >
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