The recent Goods and Services Tax (GST) rate rationalisation has extended relief across key sectors, including handicrafts, food products, footwear, toys, textiles and industrial goods. According to a government release on Thursday, the reforms are expected to lower costs for consumers, impr
The Global Trade Research Initiative (GTRI), a trade-focused think tank, has suggested a 10-point plan to the central government, which it believes, if implemented, can shield India from the impact of US tariffs.
India must focus on the sectors in which it has a competitive edge over other countries and address the problems faced by the various stakeholders so that the country's exports can grow, Union Minister of Commerce and Industry Piyush Goyal said at the review meeting on the Production Linked
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
In her budget speech in Parliament today, Finance Minister Nirmala Sitharaman said that the budget proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation while keeping the interests of the gene