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FISME Welcomes Proposed GST Decriminalisation Measures, Says Reforms Could Boost MSME Confidence

New Delhi, Nov. 2 -- The Federation of Indian Micro and Small & Medium Enterprises (FISME) has welcomed the GST reforms approved at the 57th GST Council meeting, saying the proposed changes could redu... Read More


MoD Signs Rs 53,866.50 Crore Contracts For Eight Next Generation Corvettes

New Delhi, Nov. 2 -- The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for the construction... Read More


India's GST Collection Rises 22.9% To Rs 2.31 Lakh Crore In October

New Delhi, Nov. 2 -- India's gross goods and services tax (GST) collection rose 22.9 per cent year-on-year to Rs 2.31 lakh crore in October, according to official data released on Sunday. Cumulative ... Read More


Labour Ministry Constitutes Social Security Boards For Unorganised, Gig And Platform Workers

New Delhi, Nov. 2 -- The Union Labour Ministry on Friday (October 30) notified the constitution of the National Social Security Board for Unorganised Workers, comprising 40 members, and the National S... Read More


EPFO Launches WhatsApp Service To Check PF Balance, Transactions And Passbook

New Delhi, Nov. 2 -- Union Labour and Employment Minister Mansukh Mandaviya on Sunday launched a set of digital and user-friendly services for Employees' Provident Fund Organisation (EPFO) subscribers... Read More


Captive And Commercial Coal Production Rises 42% To 22.03 MT In October 2026

New Delhi, Nov. 2 -- Coal production from captive and commercial mines rose around 42 per cent year-on-year to 22.03 million tonnes (MT) in October 2026, compared with 15.49 MT in the corresponding mo... Read More


India's Coal Imports Drop To 104.57 MT In August From 111.05 MT

New Delhi, Nov. 2 -- India's coal imports declined 5.83 per cent year-on-year to 104.57 million tonnes (MT) in August 2026, from 111.05 MT in the corresponding month last year, according to data relea... Read More


Govt Extends Customs Duty Exemption On Cotton Imports Until December 31

New Delhi, Nov. 2 -- The government has extended the customs duty exemption on cotton imports by two months until December 31, 2026, to meet the raw material requirements of the domestic textile indus... Read More


Manufacturing PMI Slips to 54.7 in October as Domestic Demand, Hiring Moderate; Export Demand Rises: HSBC India

New Delhi, Nov. 2 -- India's manufacturing sector remained in expansion territory in October, although growth in output and new orders moderated. Stronger export demand supported activity, while input... Read More


Madhya Pradesh To Develop 30 New Industrial Areas, Provide Plots To 5,000 Industries By 2028

Bhopal, Nov. 2 -- Madhya Pradesh plans to develop 30 new industrial areas and provide industrial plots to 5,000 industries by 2028 as part of efforts to improve land availability and infrastructure fo... Read More