Tag: india

China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports
Posted in Economy

China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports

BEIJING: China will continue imposing anti-dumping duties on single-mode optical fibre imports from India for another five years starting on ‌Friday, ⁠the commerce ⁠ministry said…

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FM Calls on Multilateral Banks to Lay BRICS for Private Infra Investment
Posted in Economy

Nirmala Sitharaman calls on multilateral banks to lay BRICS for private infra investment

New Delhi: Finance minister Nirmala Sitharaman on Wednesday said BRICS economies face common structural constraints in mobilising private capital at scale even though they have…

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Posted in Economy

India’s Russian crude imports hit record for second straight month

New Delhi: India’s imports of Russian crude oil rose to a record for the second consecutive month in July, underscoring the country’s continued reliance on…

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The development is in line with the Foreign Trade Policy (FTP), unveiled on March 31, 2023, which identifies e-commerce as a focus area for amplifying India’s exports. (MINT/ Representative photo)
Posted in Business

Govt operationalises inventory-based cross-border e-commerce export framework

The government on Wednesday operationalised inventory-based e-commerce exclusively for exports, requiring interested firms to conduct business through a registered entity as an exporter-on-record (EOR), which…

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Posted in Economy

Taxation laws amendment bill: Government proposes simplified exemption framework for offshore funds

New Delhi: Finance Minister Nirmala Sitharaman is likely to introduce a bill in Parliament soon to “significantly simplify” the framework governing offshore investment funds by…

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Warehouse automation to humanoids: Addverb bets on India, CEO says physical AI race has begun
Posted in Startups

Warehouse automation to humanoids: Addverb bets on India, CEO says physical AI race has begun

Homegrown robotics and automation company Addverb‘s CEO Sangeet Kumar believes humans and robots will increasingly coexist, with people remaining firmly in control even as physical…

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Posted in Economy

Textile minister Giriraj Singh reiterates focus on cotton sector

Union Textiles Minister Giriraj Singh on Saturday reiterated the centre’s commitment to transforming India’s cotton ecosystem through higher productivity, improved quality and greater traceability, highlighting…

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Posted in Economy

India’s engineering exports climb 21% to $11.48 bn as China demand surges 74%

India engineering exports record strong June growth despite Red Sea and Strait of Hormuz disruptions India’s engineering exports rose 21% year-on-year to $11.48 billion in…

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Posted in Economy

India’s private sector growth hits over four-year low

India’s private sector growth eased to over a four-year low as weaker demand and slowing services activity weighed on business expansion, according to a private…

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Posted in Economy

GTRI questions US 10% Section 301 tariff on Indian exports, says measure lacks credible evidence

New Delhi: The Global Trade Research Initiative (GTRI) has questioned the rationale behind the United States‘ decision to impose a 10 per cent Section 301…

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