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Cut in customs duty, support to MSMEs in Budget to help boost mfg, exports: Exporters

Cut in customs duty, support to MSMEs in Budget to help boost mfg, exports: Exporters

The announcements for tweaking customs duties in certain sectors and measures to support MSMEs will help in boosting domestic manufacturing and the country's outbound shipments, exporters said on Thursday. Increase in capital investment outlay by 33 per cent to Rs 10 lakh crore, 50 years interest free loan to states to incentivise infrastructure investment, highest-ever [...]
3-day G-20 Employment Working Group meet to begin in Jodhpur Thursday

3-day G-20 Employment Working Group meet to begin in Jodhpur Thursday

The first G-20 Employment Working Group meeting will begin in Jodhpur Thursday afternoon to address priority labour, employment and social issues for sustainable, inclusive and job-rich growth. The first day of the three-day meeting will explore strategies for global skills, qualification harmonization, and developing a framework for common skill taxonomies. The panel discussion will be [...]
Budget 2023 to give lot of support to India’s startup ecosystem: Goyal

Budget 2023 to give lot of support to India’s startup ecosystem: Goyal

Measures announced in the Budget such as extending the period of incorporation of eligible budding entrepreneurs for providing tax incentives, would provide a lot of support to further strengthen the country's startup ecosystem, Commerce and Industry Minister Piyush Goyal has said. The government on Wednesday proposed to extend the period of incorporation of eligible startups [...]
Markets fall in early trade; bounce back later

Markets fall in early trade; bounce back later

Equity benchmarks fell in initial trade on Thursday, but later bounced back to trade in the positive territory, amid firm global market trends and foreign fund inflows. The 30-share BSE benchmark Sensex had fallen 492.46 points to 59,215.62 in early trade. The broader NSE Nifty declined 170.35 points to 17,445.95 in initial trade. However, later [...]
Budget provisions will boost country’s industrial development: MP industry bodies

Budget provisions will boost country’s industrial development: MP industry bodies

Industry bodies in Madhya Pradesh on Wednesday said the Budget 2023-24 provisions will boost the country's industrial development. Finance minister Nirmala Sitharaman tabled the Union Budget in Parliament on Wednesday. "The government has proposed a capital fund of Rs 10 lakh crore for infrastructure development and Rs 2.40 lakh crore for railways, which will give [...]
Mukesh Ambani is richest Asian as Adani tumbles out on Hindenburg row

Mukesh Ambani is richest Asian as Adani tumbles out on Hindenburg row

Ports-to-energy tycoon Gautam Adani has tumbled on the world's top billionaire ranking and is no longer the richest Asian or Indian. Rival business magnate Mukesh Ambani, who was richest Indian before Adani's eye popping gains in company stock prices catapulted him to top spot in April last year, has regained that position. Adani, who ranked [...]