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PLI scheme for mobile production led to 20% value addition, says govt

Of the $101 billion electronics production in FY23, smartphones constituted $44 billion

India-UAE aim to double non-oil trade to $100 bn by 2030: Piyush Goyal

Joint committee of officials from both sides to review terms of CEPA, which came into force on May 1, 2022

In a first, Centre to review PLI scheme to sort out teething issues

Interactions with ministries lined up to seek feedback

'Missing the mark': Asset monetisation 18% short of target in FY23

Govt stays with Rs 1.79-trn target set by NITI for FY24

To join or not? India yet to take a final call on IPEF trade pillar

IPEF has four pillars: trade, supply-chain resilience, clean economy, and fair economy (tax and anti-corruption)

India, UAE to review CEPA progress next week, to chalk out data sharing

A delegation from the UAE will be in the national capital next to meet key officials from the department of commerce, a person aware of the matter said

Trade deal with UK: India may give UK access to PV market, with riders

India has proposed a tariff rate quota (TRQ) that will impose a ceiling on the number of PVs (under 100,000 units) to be allowed to be imported on a concessional tariff

WTO ruling on IT products: India, EU to jointly defer appeal by 3 months

A deferment through mutual agreement of an appeal will give both parties time to resolve the dispute

Agriculture, fisheries subsidies on agenda at WTO meet in Paris next week

In the previous ministerial (MC12), India was hoping to get a permanent solution to the public stockholding issue for food security

India, European Union eye mutually agreeable solution over ICT tariffs

Meetings between Indian, European Union officials set to take place today

Need states' support to resolve industrial corridor issues: FM Sitharaman

The industrial corridors can be operationalised by expediting land acquisition, facilitating the implementation of external infrastructure linkages, among other things

Govt to brief industry on US-led initiative IPEF's supply chain pillar

Government officials said there will be more rounds of stakeholder and legal consultations will take place before the text is finalised

FDI equity inflow contracts 22% to $46 billion in FY23: Govt data

The trading sector amassed $4.79 billion in FDI but contracted YoY

Goa meet agenda: G20 nations look at common framework to define start-ups

A finance task force will unlock financing of start-ups in general for nations to invest in these enterprises and also for cross-border investments

Allow MSMEs to pay liabilities in tranches: Exporters urge Centre

The scheme was announced by DGFT in the Foreign Trade Policy (FTP) on March 31 and is set to benefit 2,500-3,000 exporters

India's forex reserves comfortable for next 5-6 years: Piyush Goyal

Minister says many countries keen on fast-tracking FTA with India now

G20: An engagement group call for global definition for start-ups

It also called for a favourable policy environment for startups through tax incentives and has recommended enabling measures to ease the cross-border flow of capital across G20 nations

Govt shouldn't roll out PLI for shoes, handicrafts, says think tank boss

These items are mostly made by small firms while scheme focuses on scale production; Small firms don't need PLI--they need access to tech and low-cost finance through separate schemes

GatiShakti: Govt looks to develop local areas via national masterplan

Going forward, the focus will be development of a region as a whole, a senior government official said, adding that towards this, as many as 100 projects for area planning has already been taken up

Chinese fast-fashion retailer SHEIN 100% Indian on return, says Centre

No FDI, only tech transfer by Chinese fast-fashion retailer