Only four out of every 10,000 small- and medium-sized enterprises (SMEs) advance to mid-market status. Business leaders and Industry chambers advocate the need for reforms for corporate growth, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently
The Federation of Indian Chambers of Commerce and Industry (FICCI) President, Harsha Vardhan Agarwal, lauded the government's decision to approve the Rs 1,500 crore Incentive Scheme to promote Critical Mineral Recycling in the country and termed it a "landmark step."
New Delhi [India], September 5: Despite ongoing tariff pressures linked to Donald Trump's 50% duty implementation on Indian goods, India's $2.8 billion social media services sector remains insulated from disruption. According to Shubham Agrawal of Taptwice Media, the industry's reliance on f
Bengaluru (Karnataka) [India], September 5: UST, a leading AI and technology transformation solutions company, has successfully closed its transaction with Bain Capital involving UST HealthProof, a subsidiary of UST that provides solutions for core administration and clinical operations acro
Mumbai (Maharashtra) [India]/ Columbia (South Carolina) [US], September 5: Sterlite Technologies Inc. (STI), a U.S. subsidiary of STL [NSE: STLTECH], today announced that it has become one of the few companies to develop the world's slimmest optical fiber for data center operators, hyperscal
The events like Semicon India 2025 highlights that the semiconductor industry in India is growing rapidly with India showcasing that it has the ability to emerge as a powerhouse in the semiconductor sector, stated Ashok Chandak, President, Semi India.
Prasad further emphasised that war is never an "option" to solve conflicts in the world and hailed PM Modi's step towards protecting the country and building friendships with China.
Reacting to the Opposition's 'better late than never' swipe at the latest Goods and Services Tax revamp, Union Minister of Commerce and Industry Piyush Goyal said these remarks only demonstrate their ignorance. He said that Prime Minister Narendra Modi made the GST a success story over the
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
Stressing that negotiations are underway with the United States over 50 per cent tariff on Indian goods, Union Minister of Commerce and Industry Piyush Goyal said that there is no need to "panic" as India and US will come to an equitable, balanced and fair agreement.
"We have received assurance from all sectors of industry, different levels, big and small, have committed that we will pass on the entire benefit to the common man. We are very confident that they will meet our expectations. The Modi government always trusts stakeholders just as the people o