Setting quota for shipment of sugar doesn’t make it a ‘restricted’ category to claim benefits under the export-promotion scheme, rules Gujarat High Court
Sugar exporters eligible for RoDTEP benefits: Gujarat High Court
SP Group owns 56% of the all-weather deep-draft port. Due diligence underway; Upto Rs 1200 cr equity valuation likely. Port also has long-term bank facilities of Rs 1,432 crore, as on Feb 23. Proceeds from asset sale will go toward repaying debenture holders .
“After the pandemic, India is being seen as a long-term partner in manufacturing and an appealing investment destination for global corporations. It is one of the few economies that offers a combination of scale and multi-decade growth, driven by growing domestic consumption and infrastructure spends. So the opportunity for overseas businesses for strategic cooperation with […]
As stipulated in the decree, the Investment Promotion Council will have the power to make binding decisions on both central and local government bodies and entities in the quasi-public sector.
ICC focuses on India-Italy bilateral trade, appoints Vas Shenoy as its Chief Representative in Italy
2 years ago
The Chamber aims to prioritize Italy as a strategic country for Indian companies, following the recent consolidation of diplomatic ties between the Indian and Italian governments after visits of Italian Prime Minister Giorgia Meloni to India, an ICC statement said.
The VIII International Conference on Antimonopoly Policy at Moscow’s Skolkovo Innovation Center focused on enforcing competition laws in the pharmaceutical market. Representatives from Indian antitrust authorities expressed intent to support competition laws enforcement in information disclosure and patent regulation against global pharmaceutical monopolies.
China+1: India’s rise in global manufacturing challenges China’s dominance. From ‘Make in India’ to ‘Make for the World,’ Narendra Modi’s vision fuels India’s rejection of Chinese influence and the Asian nations is becoming a great candidate for China+1 strategy. As India gains ground, China’s decline signals a shift in global supply chains. However, India grapples […]
Shipbuilding orders worth Rs 6,800 crore received in last four years: Sarbananda Sonowal
2 years ago
The scheme offers financial assistance to Indian Shipyards for shipbuilding contracts signed between April 1, 2016 and March 31, 2026 with rate of financial assistance starting from 20% in 2016 and diminishing to 11% in 2026.
Total I&L supply in 2023 is likely to touch 5.2 mn. sq. ft. Kolkata’s strategic location as the entry point to the country’s east and further to land-locked countries such as Nepal and Bhutan and the state’s industrial prowess has further boosted the city’s I&L sector.
India and Oman begin talks on Free Trade Pact
2 years ago
Mineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India’s top exports to Oman while oil, fertilisers and plastics are the top imports.