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New Delhi, Apr 2 (PTI) India Inc on Thursday said the government's move to exempt import of critical petrochemical products from customs duty for three months till June 30 is a timely response to supply chain disruptions arising from the West Asia conflict which will provide relief to sectors such as textiles, packaging and pharmaceuticals. Chandrajit Banerjee, Director General, CII, said, "The Government of India's decision to grant full customs duty exemption on 40 critical petrochemical prod ...Read More >
The India Sporting Goods Fair is set to boost the nation's sports manufacturing sector, showcasing diverse athletic gear and equipment while highlighting government initiatives to propel India into a global manufacturing hub. Key PointsThe 4th India Sporting Goods Fair (ISGF) will showcase a wide range of athletic gear and sports equipment from 75 exhibitors.The Indian government has allocated Rs 500 crore to promote sports goods manufacturing, aiming to boost exports.India aims to increase its ...Read More >
New Delhi, March 31: Seventy five exhibitors from all over the country will showcase athletic gear, equipment, and apparel for diverse disciplines in the 4th India Sporting Goods Fair (ISGF) amid the government push to position the country as a global hub of sports goods manufacturing. ISGF, organised by the Sports Goods and Toys Export Promotion Council, was inaugurated on Tuesday and will wind up on April 2 at Yashobhoomi in Dwarka. The government, for the first time, has allocated Rs 500 cro ...Read More >
New Delhi [India], March 31 (ANI): India aims to scale sports goods exports from approximately Rs 3,000 crore to Rs 80,000 crore and manufacturers should dream big and adopt a forward-looking approach driven by innovation, Sports Secretary Hari Ranjan Rao has said. He was addressing exhibitors, international buyers and stakeholders at the 4th edition of the India Sporting Goods Fair (ISGF) 2026, which opened here with a strong focus on transforming India into a global hub for sports goods manuf ...Read More >
Addressing stakeholders, Secretary (Sports), Hari Ranjan Rao, outlined a transformative national goal: scaling India's sports goods exports from approximately ₹3,000 crore to ₹80,000 crore in the coming years. India has set an ambitious target to transform itself into a global hub for sports goods manufacturing, exports, and trade, as the 4th edition of the India Sporting Goods Fair (ISGF) 2026 opened at Yashobhoomi, Dwarka with strong industry and government participation. The three-day event ...Read More >
New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 5 lakh on e-commerce platform Snapdeal for selling toys that do not comply with mandatory Bureau of Indian Standards certification, violating the Toys (Quality Control) Order, 2020. A final order against Snapdeal (Ace Vector Limited) has been issued after taking suo-motu cognisance of the matter, CCPA Chief Commissioner Nidhi Khare told PTI. The CCPA has also issued notices to other e-commerce entities, incl ...Read More >
New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 5 lakh on e-commerce platform Snapdeal for selling toys that do not comply with mandatory Bureau of Indian Standards certification, violating the Toys (Quality Control) Order, 2020. A final order against Snapdeal (Ace Vector Limited) has been issued after taking suo-motu cognizance of the matter, CCPA Chief Commissioner Nidhi Khare told PTI. The CCPA has also issued notices to other e-commerce entities incl ...Read More >
Indore administration has banned dangerous carbide toy guns after 31 individuals, mostly children, suffered serious eye injuries during Diwali. The district magistrate prohibited their manufacture, storage, sale, and use, citing public health and environmental concerns. Police also banned social media content featuring these guns, with violations punishable by law. The Indore district administration on Friday banned the dangerous carbide toy guns after their use during Diwali led to at least 31 ...Read More >
Bhopal: In Madhya Pradesh, 14 children have lost their eyesight while playing with a carbide gun on the occasion of Diwali. In addition, more than 122 children were admitted to the hospitals for having serious injuries in their eyes due to the harmful firecracker guns. Every year, children and families anticipate the festival of Diwali. However, it's essential to ensure precautionary measures that can otherwise prove fatal. Even though the government had issued a ban on the carbide guns in Vidi ...Read More >
Two parked scooters exploded in Mishri Bazaar, injuring six people, including a woman. The incident occurred around 7:15 PM under the Mulganj police station limits. Authorities are investigating the cause, with a forensic team on site. Inquiries are being made with those who rode the scooters to determine if it was an accident or a conspiracy. Six people, including a woman, were injured on Wednesday after two parked scooters exploded in the Mishri Bazaar area under Mulganj police station limits ...Read More >
New Delhi, Sep 30 (PTI) As the free trade agreement between India and four European nations EFTA will come into effect from Wednesday, several Swiss products like wines, chocolates, apparel, and watches will become cheaper in the domestic market. On the other hand, Indian labour-intensive sectors, such as certain agri goods like tea and coffee, fruits, processed, textiles, marine products, leather, sports goods, toys, and gems and jewellery, will get greater market access in the member countrie ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, an ...Read More >
CHENNAI: The Indian government has directed businesses to submit monthly reports on the maximum retail price (MRP) of 54 essential consumer goods, starting from September 22, 2025. This step is aimed at ensuring that the benefits of the recent Goods and Services Tax (GST) rate cuts are passed on to consumers and to prevent any unfair price increases by companies. The Central Board of Indirect Taxes and Customs (CBIC) has instructed Central GST field offices through a Friday notification to clos ...Read More >
New Delhi: The Central Board of Indirect Customs and Taxes (CBIC) has directed its field formations to track price changes for various commodities before and after the goods and services tax (GST) rate rationalisation, effective September 22, 2025. This price tracking will continue for at least six months. In a letter dated September 9, the CBIC instructed field formations to submit a report by the 20th of each month on approximately 54 commodities, including toiletries, consumer durable items ...Read More >
New Delhi [India], July 20 : Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt ... New Delhi [India], July 20 : Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by Euro 25.5 billion every year. She highlighted that under this FTA, there are provisions for tariff reductions on 90 per cent of traded goods bet ...Read More >
Kerala Lottery Result SAMRUDHI SM 12 Results Live: The first winner of today's lottery game- SAMRUDHI SM 12 lottery- takes home Rs 1 crore as a cash prize. The Kerala lottery is one of the most trusted games in the country. Kerala Lottery Result Sunday 20-07-2025: The Kerala lottery is back with another fun game- that may lead you to win Rs 1 crore! The results for today's Kerala lottery games- SAMRUDHI SM 12 Sunday- are announced. The Kerala lottery results are announced here, so people with t ...Read More >
New Delhi [India], July 20 (ANI): Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by Euro 25.5 billion every year. She highlighted that under this FTA, there are provisions for tariff reductions on 90 per cent of traded goods between the two countries. However, it is not only about tariffs, which are indeed a crucial aspect that will benefit ...Read More >
BIS officials searching an e-commerce platform in Krishna district. Officials of the Bureau of Indian Standards (BIS), Vijayawada, conducted raids on e-commerce warehouses of Flipkart, Meesho and E-Kart at Mustabad in Krishna district and Amazon at Kandrika, and seized many non-certified products violating the provisions of Quality Control Orders (QOC). The enforcement drive was part of the ongoing nationwide initiate to curb the sale and distribution of non-certified and unsafe products. BIS ...Read More >
Piyush Goyal announced a scheme to boost toy production. The scheme will focus on enhancing design, quality, packaging, and brand building. India's toy industry is now exporting to 153 countries. This shift is due to policy support and quality standards. The government will support startups with innovative toy concepts. Industry leaders see huge potential to increase toy exports from India. Commerce and Industry Minister Piyush Goyal on Friday said a scheme to boost toy production in the country ...Read More >
New Delhi: There is a golden opportunity for the youth who are planning a career in toy design. If you want to step into the world of innovation and technology through toys by giving shape to your imagination, then for such students, Guru Gobind Singh Indraprastha University (IP University) has started a four-year undergraduate course in Toy Design and Development (B Des) from this academic session. This course was discussed in the opening ceremony of the 16th Toy Biz International B2B Exhibiti ...Read More >
New Delhi [India], July 4 (ANI): Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits. Speaking on the sidelines of the 16th Toy Biz B2B expo in New Delhi, Goyal made it clear that India's approach to international trade negotiations remains firm and principled. 'It should be a win-win agreement, and ...Read More >
New Delhi, July 4 (SocialNews.XYZ) India's toy industry, once heavily dependent on imports, is now manufacturing domestically and exporting to 153 countries, Union Commerce Minister Piyush Goyal said on Friday. Addressing the 16th 'Toy Biz International B2B Expo 2025' here, the minister highlighted this remarkable transformation. He said that this shift has been made possible through consistent policy support, the enforcement of quality standards, and the strengthening of local manufacturing c ...Read More >
Lucknow: With Eid-ul-Azha on Saturday, the goat markets in the city are bustling with activities, with Muslims making a beeline to select a goat or two for the sacrifice, an obligatory ritual for those who can afford one.In Lucknow, the Bakra Mandis have come up at Joggers Park, Dubagga, Nimbu Park, Herding Bridge (Pakka Pul), Khurramnagar, and Moulviganj.Of these, Dubagga market has established itself as a prominent destination, offering an extensive collection of sacrificial goats up for grabs ...Read More >
New Delhi: Inside the vast hall of Bharat Mandapam, stalls crafted with eco-friendly materials showcased an array of solutions to counter the ever-present plastic menace -- incense sticks made from discarded temple flowers, cutlery made of palm leaves and bagasse, and hand-crocheted flowers in pots.The theme of this year's World Environment Day -- on June 5 -- was "Beat Plastic Pollution". The ministry of environment, forest and climate change has organised a national-level expo on ecologically- ...Read More >
Ahmedabad: The Ahmedabad Municipal School Board approved a budget of Rs 1,155 crore for 2025-26 on Tuesday. The administrator's initial draft budget of Rs 1,143 crore received approval with an additional Rs 12 crore from the school board chairman. The budget encompasses a Rs 25 lakh allocation to train 1,000 students as heritage city guides. The plan also includes the construction of 12 new schools, the addition of 169 rooms across 20 schools, and repairs to 247 rooms in 22 schools. The 2025-26 ...Read More >
Indian startups nearly reached $1 billion in funding in November, boosted by major deals in e-commerce, healthtech, and fintech. While funding was slightly lower than in October, big investments in companies like Zepto and HealthKart showed strong investor interest. According to data compiled by TheKredible, Indian startups raised $972 million across 90 deals, with growth and late-stage funding dominating at $708.12 million from 14 deals. Early-stage funding contributed $263.5 million through ...Read More >
NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global science, technology, engineering and mathematics (STEM) toys market size is estimated to grow by USD 8.09 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.89% during the forecast period. Growing emphasis on stem education is driving market growth, with a trend towards integration of artificial intelligence (AI) and machine learning (ML) technologies in stem toy ...Read More >
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