NEW DELHI: The government on Sunday convened an all party meeting, chaired by Union defence minister Rajnath Singh, in preparation for the upcoming Budget session of Parliament. Parliamentary affairs minister Kiren Rijiju organised the meeting with floor leaders from various political parties to discuss the issues they plan to address during the session.Congress leader Jairam…
Gold trade expects the upcoming budget to introduce multiple measures to boost retail consumption and increase the consumption of jewellery and gold products. The trade has also urged the government to reduce import duties on precious metals, specifically gold, silver, and platinum bars as reduction is essential to curb gold smuggling, which has seen an…
India is the world’s sixth largest textile and apparel exporter having an 11.4 per cent share in India’s overall exports. The government aims to achieve $600 billion of textile exports by 2047 from $44 billion in FY22. However, this one’s a bumpy road for the Modi government. Will Budget 2024 be able to push the…
NEW DELHI: Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations set to kick off over the next few days.After taking charge as finance minister for…
The Gem & Jewellery Export Promotion Council (GJEPC) has suggested in its pre-budget representation that the Centre should introduce Safe harbour for the sale of rough diamonds in Special Notified Zones (SNZs) so that India can become a trading hub like Dubai and Belgium. This means that Indian diamond manufacturers will not have to travel…
