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Germany Grants License to Export Small Arms to India

New Delhi, April 27 -- Germany has granted a license to India to purchase small arms from German companies, officials say. This marks a major relaxation of Germany's longstanding policy restricting t... Read More


Indian Basmati Rice Exports Surge 22% to $5.2 Billion in Apr 2023- Feb 2024

New Delhi, April 27 -- Exports of high-quality basmati rice from India grew robustly during the April 2023 to February 2024 period, driven by strong demand primarily from West Asia. According to data... Read More


Hyundai Motor Group Aims To Expand Annual Production Capacity In India

New Delhi, April 27 -- South Korean automotive giant Hyundai Motor Group unveiled its ambitious plans to significantly expand its annual production capacity across the Hyundai and Kia brands in India ... Read More


Deloitte Raises India's GDP Growth Forecast For FY24 To 7.6-7.8%

New Delhi, April 27 -- Deloitte has revised upwards its forecast for India's GDP growth in the fiscal year 2023-24 (FY24) to the range of 7.6-7.8 per cent. This marks an increase from its earlier pro... Read More


India Advocates Fair Trade Guidelines For Pesticide Residue Limits At WTO

New Delhi, April 27 -- India has taken a strong stance at the World Trade Organisation (WTO), calling for the formulation of guidelines to determine default maximum residue limits (MRLs) for pesticide... Read More


India's Cotton & Textiles Exports Surge Despite Overall Dip In Trade

New Delhi, April 27 -- The country's cotton yarn, fabrics/made-ups, and handlooms exports registered a 6.71 per cent year-on-year growth in fiscal year 2023-24, reaching USD 11.7 billion. According t... Read More


MSSIDC, MNLU Mumbai Ink MoU for IPR Awareness in 36 Districts of Maharashtra

Mumbai, April 27 -- The Maharashtra Small Scale Industries Development Corporation Ltd. (MSSIDC) and Maharashtra National Law University Mumbai (MNLU Mumbai) have signed an MoU to conduct Intellectual... Read More


Government Permits Export of 99,150 MT Onions to Bangladesh, UAE, Bhutan, Bahrain, Mauritius, & Sri Lanka

New Delhi, April 27 -- The Indian government has permitted the export of 99,150 metric tons of onions to six neighbouring countries - Bangladesh, UAE, Bhutan, Bahrain, Mauritius, and Sri Lanka. This ... Read More


Japanese Firm Sharp Eyes $3-5 Billion Display Fab Semiconductor Project in India

New Delhi, April 27 -- In a major boost to India's semiconductor ambitions, Japanese electronics giant Sharp is reportedly eyeing a USS 3-5 billion investment to set up a display fabrication unit in t... Read More


Legal Battles Mount As Startups Contest Tax Demands Post 'Angel Tax' Easing

New Delhi, April 27 -- Seven months after the Indian tax authorities eased the valuation norms for foreign investments in startups, in an attempt to address concerns over the controversial "angel tax,... Read More