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Rationalised GST, Import Duties Key to Boosting Mining, Construction Equipment Sector: Report

New Delhi, May 20 -- A recent report by Kearney and the Confederation of Indian Industry (CII) highlights the urgent need to rationalise the goods and services tax (GST) and import duties to improve c... Read More


GeM Set to Invite Foreign Bids in FY25 Post Public Procurement Opening In UK & UAE FTAs

New Delhi, May 20 -- India's public procurement portal, Government e-Marketplace (GeM), is preparing to allow foreign suppliers to bid on government tenders and is introducing rate contract tenders to... Read More


China's Squeeze On Rare Earth Magnets Puts India's EV Industry In A Tizzy

New Delhi, May 20 -- India's electric vehicle (EV) sector is grappling with supply chain disruptions following China's tightening of rare earth magnet exports, crucial components in EV motors. In res... Read More


India's Steel Industry Under Fire for High Carbon Emissions

New Delhi, May 20 -- The steel industry, a major contributor to global carbon emissions, is under increasing pressure to adopt cleaner technologies. Responsible for over 10 per cent of worldwide emis... Read More


India Calls For Stronger BRICS Cooperation To Ensure Global Energy Security

New Delhi, May 20 -- Indian Power and Housing Minister Manohar Lal led the country's delegation at the BRICS Energy Ministers' Meeting held on Monday, in Brasilia under Brazil's presidency. During th... Read More


Anti-Dumping Duty On Thiram Fungicide From EU Origin Proposed

New Delhi, May 20 -- India's Directorate General of Trade Remedies (DGTR) has recommended imposing an anti-dumping duty of USD 733 per tonne on imports of Thiram fungicide from the European Union. Th... Read More


180 Ton Gold Import Quota Under UAE CEPA For FY26 Draws Record Applications

New Delhi, May 20 -- The government allocated a 180-tonne quota for gold imports from the UAE at concessional duty rates under the Comprehensive Economic Partnership Agreement (CEPA) on Monday. This ... Read More


DGFT Tightens Import Norms For Precious Metals To Curb Duty Evasion

New Delhi, May 20 -- The Directorate General of Foreign Trade (DGFT) has issued a new notification aimed at tightening and streamlining the import regulations for precious metals, in an effort to harm... Read More


LED Component Manufacturer Calcom Vision Upgraded To Large Investment Category Under PLI Scheme

New Delhi, May 20 -- Calcom Vision Limited, a domestic Original Design Manufacturer (ODM) and electronics manufacturing services (EMS) provider, has been elevated to the Large Investment category unde... Read More


West Bengal Pushes For MSME Expansion In North, 4 Industrial Parks Announced

Kolkata, May 20 -- West Bengal Chief Minister Mamata Banerjee emphasised the importance of establishing micro, small and medium enterprises (MSMEs) throughout north Bengal during the North Bengal Busi... Read More