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MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

USTR discusses proposed IP rights waiver with Pfizer, AstraZeneca

Development comes a day after US President Joe Biden said he is determined to help India in its time of need

Govt steps in to counter oxygen crisis; MHA directs free movement

India has floated a global tender for procuring 50,000 tonnes of oxygen

Raw material imports from US to produce vaccines may take a month

The Joe Biden administration's decision to invoke the US Defense Production Act has blocked exports of crucial raw materials used in vaccine production

US currency list move an intrusion in RBI policy space: Commerce secretary

The commerce secretary said he expects robust growth in exports in the current fiscal year

Can't understand US move to put India on currency watchlist: Commerce secy

Anup Wadhawan asserts RBI is not accumulating reserves and its activity in forex market is 'perfectly balanced'

Startup India Seed Fund scheme will back domestic biz ideas: Piyush Goyal

The minister said often good ideas are bought out by international venture capitalists at throwaway prices

Govt panel to iron out e-commerce delivery hurdles in curfew-hit states

E-commerce firms also making arrangements to keep their supply chains running

Govt limits industrial use of oxygen amid spike in Covid-19 cases

The decision to restrict the industrial usage of oxygen has been taken to meet the rising demand for medical oxygen

Piyush Goyal for removal of Covid-19 vaccine production barriers

Last year, India and S Africa, along with 57 other WTO members proposed a temporary waiver from certain provisions of the TRIPS agreement relevant to the prevention, treatment and containment of Covid

Covid-19 curfews: Nasscom says laptops and chargers are 'essential'

In its letter to the MIDC, Nasscom has stressed the need for a clarification while stating that e-commerce companies must be allowed to deliver all goods and services

Exports jump 60% in March to $34.5 bn; trade deficit widens to $14 bn

Trade deficit widens to $14 billion despite 54% jump in imports

Delhi curfew: Movement of all goods, e-comm delivery of essentials allowed

Order steers clear of confusion on essentials and non-essentials, allows inter and intra city movement of goods, unlike Maharashtra, where clarity on this took some time

Indo-China trade deficit hits 7-year low amid Covid-19 pandemic

This is mainly due to robust double-digit growth in exports, coupled with contraction in imports

E-marketplace for marine products to raise farmer income: Piyush Goyal

Launching e-Santa, the minister said the platform will change the traditional way of carrying out business on word-of-mouth basis and will make the system more formal and legally binding

Feb factory output shrinks 3.6% in sharpest contraction in six months

The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

Govt likely to tweak RoDTEP scheme amid outcry over refund rates

The new scheme aims to refund to exporters the embedded non-creditable central, state and local levies paid on inputs.

Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights

Local manufacturers may delay investments in building capacity to assemble

PM Narendra Modi to soon unveil masterplan on multimodal connectivity

The bigger idea is to cut logistics cost, travel time and enhance competitiveness of domestic manufacturing