India-UK FTA goes beyond goods in big boost to services exports

India-UK FTA goes beyond goods in big boost to services exports

Follow Us on Google News New Delhi, July 27 (IANS) The India-UK Comprehensive Economic and Trade Agreement (CETA) goes beyond goods and addresses services exports, which are a core strength of India’s economy. Currently, India’s services exports to the UK are a robust $19.8 billion, and CETA promises to expand this further with increased mobility … Read more

Drivers’ strike: Odisha Govt forms task force for supply of petrol, essential goods

Drivers' strike: Odisha Govt forms task force for supply of petrol, essential goods

Follow Us on Google News Bhubaneswar, July 10 (IANS) As a potential crisis in the supply of essential commodities including petroleum looms large over the state due to the ongoing drivers’ strike, the Odisha Government has formed a dedicated task force to deal with the logistical challenges and ensure the smooth movement of fuel and … Read more

Goods train derails near Muzaffarpur Junction in Bihar; no casualties

Goods train derails near Muzaffarpur Junction in Bihar; no casualties

Follow Us on Google News Patna, June 16 (IANS) Train operations were disrupted on Monday evening as four wheels of a goods train derailed near the Route Relay Interlocking (RRI) section of Muzaffarpur Junction at around 6 p.m. No casualties, however, were reported. The goods train was returning towards Narayanpur after unloading track ballast (stones) … Read more

India’s exports of goods and services rise 2.8 pc to cross $71 billion in May amid global uncertainty

India’s exports of goods and services rise 2.8 pc to cross $71 billion in May amid global uncertainty

Follow Us on Google News New Delhi, June 16 (IANS) India’s total exports of merchandise and services for May this year are estimated at $71.12 billion, which represents a growth of 2.77 percent over the same month of the previous year, despite the rising geopolitical tensions and trade war triggered by the hike in US … Read more

Tripura: Meeting held to discuss Centre’s port restriction on Bangladeshi goods

Tripura: Meeting held to discuss Centre’s port restriction on Bangladeshi goods

Follow Us on Google News Agartala, May 19 (IANS) Two days after the Central government imposed port restrictions on the import of certain goods from Bangladesh to India, a vital meeting was held at the Integrated Check Post (ICP) in Agartala on Monday to discuss the implementation of the curb. Tripura’s Industries and Commerce Department’s … Read more

India’s exports of goods & services surge 12.7 per cent to $73 billion in April

India’s exports of goods & services surge 12.7 per cent to $73 billion in April

Follow Us on Google News New Delhi, May 15 (IANS) India total exports of goods and services clocked a robust 12.7 per cent growth in April to touch the $73.80 billion mark compared with the corresponding figure of $65.48 billion during the same month last year, despite the global economic uncertainties triggered by the US … Read more

Traders vow to keep goods flowing in all circumstances amid tensions with Pakistan

Traders vow to keep goods flowing in all circumstances amid tensions with Pakistan

Follow Us on Google News New Delhi, May 9 (IANS) The Confederation of All India Traders (CAIT), which represents 90 million traders, on Friday said the country’s entire trading community stands firmly with the government and the armed forces under the leadership of Prime Minister Narendra Modi amid the ongoing tensions with Pakistan. Praveen Khandelwal, … Read more

Centre drawing up new plan to push exports of farm goods & processed foods

Centre drawing up new plan to push exports of farm goods & processed foods

Follow Us on Google News New Delhi, May 4 (IANS) The government is committed to reducing logistical barriers and enhancing market access for Indian agri and processed food products, Commerce Secretary Sunil Barthwal said at a high-level Chintan Shivir, organised by the Agricultural & Processed Food Products Authority (APEDA) here on Sunday. In his address, … Read more

Centre notifies 1 pc tax on all luxury goods priced above Rs 10 lakh

Centre notifies 1 pc tax on all luxury goods priced above Rs 10 lakh

Follow Us on Google News New Delhi, April 23 (IANS) The Central Board of Direct Taxes has notified the new rules to bring into immediate effect the 1 per cent tax collected at source (TCS) on luxury goods that cost over Rs 10 lakh, such as wrist watches, handbags, sunglasses, shoes, and sportswear. Art objects … Read more