NEW DELHI: The commerce, MSME and finance ministries will work together to identify various sectors that will require maximum capital support for technology upgradation, marketing, brand building, and accessing newer markets, to boost exports, commerce minister Piyush Goyal said Saturday. Govt has announced setting up an Export Promotion Mission with an outlay of Rs 2,250…
NEW DELHI: Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025-26, outlined an ambitious roadmap aimed at sustaining India’s rapid economic growth. The budget prioritizes agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports, positioning them as key drivers of job creation, self-reliance, and enhanced global competitiveness. A budget for growth and inclusion…
NEW DELHI: Enhancing economic freedom for individuals and small businesses is the most important policy priority to define and bolster India’s medium-term growth prospects, a finance ministry document said Friday.Amid this new and emerging global reality, the best way to succeed with these structural reforms is to start relying on the internal engines and domestic…
Reliance Retail Ventures is set to finally launch Chinese fast-fashion label Shein in the coming few weeks, a year after it inked a strategic partnership with the latter, multiple executives aware of the developments said. The Mukesh Ambani-owned retailer will be selling Shein’s products on its app as well as offline stores owned and operated…
The Directorate General of Foreign (DGFT) has put on hold its recent decision on changes in maximum permissible wastage norms for gold, platinum, and silver content in jewellery exports, according to a media release issued by Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday. In a virtual meeting on 28th May GJEPC urged DGFT…
Representative umage Indore: Readymade garment manufacturing units of Indore saw a decline of more than 40 per cent in orders as against the corresponding period ahead of the peak demand season starting Eid due to the 45-day timely payment obligation for MSMEs. Payments to MSMEs will be required to be done within 45 days starting…
Prime Minister Narendra Modi Bharat Tex Expo: Prime Minister Narendra Modi on Monday inaugurated the four-day Bharat Tex Expo 2024 at Bharat Mandapam, which boasts to be the world’s largest textiles event. Speaking at the marquee event, the PM highlighted the government’s focus on connecting all elements of the textile value chain with five Fs:…
