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Onus placed on importers to curb Chinese goods coming via FTA countries

New Delhi, Sept. 18 -- The customs department is set to reject benefits of import duty relief on any shipment from India's free trade partner countries in South East Asia if Indian importers are not i... Read More


Factories do slightly better in July, but growth remains a concern

New Delhi, Sept. 18 -- India's industrial production shrank at a slower pace in July than in the previous month, suggesting a recovery in economic activity after restrictions meant to control the coro... Read More


Import of mobiles, cameras, electronic items from FTA partners under scanner

New Delhi, Sept. 15 -- The Customs Department will closely watch import of items like mobile phones, home appliances, set top boxes, cameras and other electronic items with a new set of rules for chec... Read More


Bill to amend Bankruptcy Code tabled in Rajya Sabha

New Delhi, Sept. 15 -- The government on Tuesday tabled a Bill in Rajya Sabha to suspend the operation of the Insolvency and Bankruptcy Code (IBC) for at least six months from 25 March, replacing an O... Read More


13 states seek to borrow to meet GST gap

New Delhi, Sept. 14 -- At least 13 states have conveyed their preferred borrowing options that were discussed at the Goods and Services Tax (GST) Council's meeting last month for meeting their GST rev... Read More


Licence of 56 customs brokers suspended in one year: CBIC

New Delhi, Sept. 13 -- Licence of 56 customs brokers linked with fraudulent exporters have been cancelled in the last one year, said the Central Board of Indirect Taxes and Customs (CBIC). Out of the... Read More


Factories do better, growth a concern

New Delhi, Sept. 12 -- India's industrial production shrank at a slower pace in July than in the previous month, suggesting a recovery in economic activity after restrictions meant to control the coro... Read More


Centre recalibrates spending plan for FY21

New Delhi, Sept. 11 -- The government has classified its departments as priority and non-priority, and slashed the latter's budgets, in a bid to make savings and protect capital expenditure pledges ma... Read More


Centre slashes non-priority spend to keep Budget promise on capital expenditure

New Delhi, Sept. 11 -- Central government has recalibrated its spending plan for the current fiscal to protect the commitments made in the Union Budget towards capital expenditure. Accordingly it has... Read More


India's industrial output contracts at a lower pace in July

New Delhi, Sept. 11 -- India's industrial production contracted by 10.4% in July, a slower pace than the 16.6% contraction witnessed in the previous month, suggesting that economic activity was gainin... Read More