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EFTA delegation to announce $100-billion investments under FTA with India

New Delhi, Sept. 30 -- A group of investors from European Free Trade Association (EFTA) -- Norway, Switzerland Iceland and Liechtenstein -- are arriving New Delhi on Wednesday to announce the first tr... Read More


'India, US optimistic of soon solving trade issues'

New Delhi, Sept. 25 -- India and the United States are optimistic to resolve both trade and non-trade issues soon as senior officials at different levels from both sides are constructively engaged to ... Read More


Logistics cost at 8% of GDP, below external estimates

New Delhi, Sept. 22 -- India's logistics costs stand at 7.97% of GDP, significantly below the 13-14% cited by external agencies, according to a government assessment released on Saturday. Union comme... Read More


Compensation cess on tobacco likely to be eliminated by December

New Delhi, Sept. 5 -- The vestige of the compensation cess, which will continue on tobacco and tobacco-related items under the new Goods and Services Tax (GST) regime even after September 22, when mos... Read More


Anti-profiteering body not set up as ease of business given priority

New Delhi, Sept. 5 -- The government did not form an anti-profiteering body to penalise non-transmission of GST rate cuts to the consumer on the industry's assurance and in line with the philosophy of... Read More


Comprehensive govt scheme soon to aid exports cope with crisis due to US tariffs

New Delhi, Aug. 31 -- The government is preparing a comprehensive export support strategy with immediate measures to counter the liquidity crisis triggered by 50% US tariffs, after stakeholders identi... Read More


India hopes to resume US trade discussions

New Delhi, Aug. 29 -- India and the US are continuing discussions on several bilateral issues, and New Delhi is hopeful that the two partners will soon resume formal trade talks - once there is a reso... Read More


GST Council to discuss rationalisation of 12%, 18% slabs

New Delhi, Aug. 23 -- A two-day meeting of the Goods and Services Council will be held on September 3-4 in New Delhi to discuss the three-pillar GST reforms proposed by the centre, including ratonalis... Read More