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No decision to reduce import duty on rubber as of now, says govt

This is because the government believes that the differential between local and international prices has been maintained

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

The commerce department had sought the Union Cabinet's nod to bring amendments in the existing SEZ Act, 2005 late last year

Exports brave ongoing Red Sea crisis to post 3.2% growth in January

Trade deficit inched up to $17.49 billion

Govt rejects EFTA's data exclusivity demand to protect generic drug cos

Commerce secretary Sunil Barthwal on Thursday said that there is no free trade agreement (FTA) in which India will go against the generic drug industry

India-EFTA trade deal raises concerns on domestic access of generic drugs

Leaked IP chapter suggests potential hindrance to affordable medicine production

Supply chain delays impact investment in speciality steel PLI: Govt

Investments in the steel sector have a long gestation period and depend on the procurement of various equipment. Often some of these equipment are sourced from abroad.

PLI scheme's progress slows in key sectors, affecting manufacturing goals

Even as the investment exceeded the government's estimate in the previous financial year, progress was not uniform across all schemes

Overdependence on external commercial borrowing under UPA: White Paper

The white paper, tabled in Parliament on Thursday, compared the UPA government's two consecutive terms, starting 2004, vis-a-vis the NDA's tenure, beginning 2014

PMO likely to review Red Sea conflict impact on trade and logistics

The Red Sea is vital for 30% of global container traffic and 12% of global trade

WTO MC13: India to oppose any negotiation mandate on non-trade issues

The 13th Ministerial Conference (MC) will be held from February 26-29 at Abu Dhabi, United Arab Emirates (UAE)

Claim payout delays put PLI scheme's nodal agencies under scrutiny

NITI Aayog to monitor project management agencies, ministries to ensure speedier claim settlement

Nearly Rs 41,000 crore unspent from govt's Rs 1.97 trillion PLI fund

This means that 80 per cent of the total allocated amount or Rs 1.56 lakh crore will be used to pay incentives to companies eligible to claim benefits over the next few years

PLI scheme to support industry only initially, not create dependency: Goyal

'Ultimately, competition will prevail,' he said, urging industry to be more outward-looking in terms of scaling businesses

Moving away from a disinvestment target: Dipam secy Tuhin Kanta Pandey

He said that of the Rs 30,000 crore miscellaneous receipt for FY24, the Centre expects to get about Rs 12,000 crore from asset monetisation and Rs 18,000 crore from disinvestment

DPIIT to meet over 1,200 stakeholders on Sat, may discuss fresh PLI targets

The first-of-its-kind meeting will see participation of all 10 ministries/ departments, project management agencies, and industry meetings

Interim Budget: Disinvestment, monetisation target set at Rs 50,000 crore

Current goal pared down to Rs 30,000 cr

We are worried about the ongoing Red Sea crisis, says Piyush Goyal

Exporters are now able to stand up on their feet and we have been able to move away from the mindset of export incentives, said Union Minister Piyush Goyal

PM Narendra Modi set to inaugurate India's first global mobility expo

The mobility show-Bharat Mobility Global Expo-will be conducted from February 1-3 in the national capital and will bring the entire mobility value chain under one roof

Six Indian markets offer counterfeit products, shows US report

For instance, Heera Panna market reportedly offers counterfeit watches, footwear, accessories, and cosmetics that may have health and safety risks

Likely surge in prices due to Red Sea attacks, says finance ministry report

Geopolitics may weigh on 'remarkable' export show