Recent Posts
Industry divided over lifting 60 kg cap for low-speed electric two-wheelers
The government’s proposal to remove the 60 kg weight limit for low-speed electric two-wheelers has split the industry, with mobility operators warning that heavier, more…
Indian exporters see strong festive season orders for textiles and food products to US and Europe
New Delhi: This year’s festive season promises to be more buoyant than the last for Indian exporters. Textile exporters have seen a 30-40% jump in…
MDR on UPI transactions faces PIL in Supreme Court
New Delhi: A PIL has been filed in the Supreme Court seeking quashing of the government’s move to levy a merchant discount rate of 0.4%…
DGFT to set up central unit for trade applications
New Delhi: The government is setting up a Central Processing Department (CPD) in the Directorate General of Foreign Trade (DGFT) to act as a central…
India clears 642 UK car imports under FTA in two months of implementation
New Delhi: India has approved applications of seven companies for importing a total of 642 passenger vehicles from Britain on concessional tariffs in two months…
Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extension
New Delhi: Exporters will not be required to obtain Registration-cum-Membership Certificate (RCMC) for shipments valued up to ₹3 lakh, thereby reducing compliance burden for new…
Pulses, oilseed prices rise as rain deficit hits crops
Pune: Prices of key pulses like tur and chana and oilseeds such as soyabean and groundnut have increased sharply compared with last year, as scanty…
Taxman’s JAARing move opens fresh debate over Mauritius treaty
Mumbai: In an unsettling decision, the Indian tax office has invoked the Judicial Anti Avoidance Rule (JAAR) to deny treaty benefits to a few Mauritius…
NITI seeks easier access to geological data, capital for small exploration companies
New Delhi: The government should improve access to geological data, risk capital and fiscal support for junior exploration companies, while expanding private participation in exploration…
NITI Aayog VC defends UPI merchant fee, says businesses must be self-sustainable
NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday defended the government’s decision to impose a merchant discount rate (MDR) on UPI transactions, saying businesses…