Imports

GST for textile sector corrrected, says Irani Source: Textile Ministry. Skill on making handlooms. Reclassification of micro, small and medium size enterprises (MSMEs) and 5% reduction in tax on annual turnover of companies up to Rs.250 crore will help manufacturing...

Pradhan details UAE energy pacts Abu Dhabi National Oil Company (ADNOC) will invest US$400 million by way of storing crude in an underground rock cavern in Mangalore, Karnataka. ADNOC has signed an agreement with Indian Strategic Petroleum Reserves Ltd (ISPRL)...

The Pan-Asian Trade Block for one-third global GDP Girija Pande. India’s planned participation in the Regional Comprehensive Economic Partnership (RCEP) has seemingly caused concerns within the Indian industry of the possible flooding of cheap Chinese imports into the Indian market,...

Index to caputre sentiment of exporters and importers Finance Minister Arun Jaitley has launched CriSidEx, India’s first sentiment index for micro and small enterprises ( MSEs) to flag potential headwinds and changes in production cycles and thus help improve market...

New SUV is distinctively Italian in style Maserati, the Italian luxury carmaker, has announced the launch of its most anticipated SUV – the 2018 Levante, in India. It is the latest addition to the 2018 range of the carmaker, which...

Bid submission by 12 Feb 2018 Numaligarh Refinery seeks supply of Petrochemical Grade Naphtha to Brahmaputra Cracker and Polymer Ltd. as per specification at Annexure_C. Tender Ref: OC05000186/SKD. Tender ID: 2018_NRL_297780_1. Bid submission: 12-Feb-2018 11:00 AM. Bid opening 13 Feb-2018...

Dynamic planning more important - Lawson India’s economy holds the brightest growth prospects amongst the world’s seven largest economies, according to results from the Global Trade Barometer released 22 Jan 2018 by DHL, global logistics operator. The first ever DHL...

Farmers meet buyers from 45 markets Prabhu (file picture). Commerce Minister Suresh Prabhu said an agricultural export policy will be introduced soon and will be formulated in the coming days. Farmers impacted by imports should get a chance to export...

Pent up demand following clearer GST rates As India sets to implement a large scale infrastructure projects this year, its oil product demand growth is seen at 190,000 barrels per day this year, more than double from 2017's 93,000b/d, according...

MSMEs reservation for projects under Rs.3 crore A simplified ‘Make-II’ procedure will enable greater participation of industry in acquisition of defence equipment, with the aim of substituting imports and promoting innovative solutions. This simplified ‘Make-II’ procedure will amend the existing...