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Centre withdraws 20% onion export duty as prices slump

India has exported around 1.71 million tonnes of onions in FY24 while in FY25 (till March 18) around 1.16 million tonnes has already been exported

Centre withdraws 20% onion export duty as prices slump
Updated On : 22 Mar 2025 | 8:56 PM IST

Many nations want to adopt India's development model, says Piyush Goyal

Addressing the valedictory function of Vejalpur Startup Festival 2.0, Goyal also said India aims to take the number of unicorns from the existing 118 to 1,000 and 5,000

Many nations want to adopt India's development model, says Piyush Goyal
Updated On : 22 Mar 2025 | 7:24 PM IST

Backlog baggage: Staff shortage delays advance pricing agreement process

Presently, there are five APA teams in the country with two teams in Delhi and one team each in Mumbai, Bengaluru and Gurgaon

Backlog baggage: Staff shortage delays advance pricing agreement process
Updated On : 21 Mar 2025 | 11:57 PM IST

Expand PLI scheme to labour sectors: Parliamentary committee to govt

The committee also recommended that the commerce department should 'proactively' take measures to conclude the FTAs

Expand PLI scheme to labour sectors: Parliamentary committee to govt
Updated On : 21 Mar 2025 | 11:50 PM IST

Datanomics: Challenges galore as Bihar celebrates foundation day

Bihar's per capita income was one-tenth of Sikkim, which was the top state in 2023-24

Datanomics: Challenges galore as Bihar celebrates foundation day
Updated On : 21 Mar 2025 | 11:32 PM IST

Exports from SEZs and EOUs till Feb 5 eligible for Rodtep scheme benefits

Earlier, the exporters were allowed to seek benefits under the scheme till December 31, 2024

Exports from SEZs and EOUs till Feb 5 eligible for Rodtep scheme benefits
Updated On : 21 Mar 2025 | 3:50 PM IST

Advanced economies overtake Gulf nations in share of remittances to India

Advanced economies such as the US, the UK, Singapore, Canada, and Australia together accounted for more than half of India's remittances in FY24, reflecting a shift in migration patterns

Advanced economies overtake Gulf nations in share of remittances to India
Updated On : 21 Mar 2025 | 3:40 PM IST

India's ambitious $23 bn PLI scheme to counter China factories set to lapse

As of October 2024, participating firms had produced $151.93 billion worth of goods under the scheme, or 37 per cent of the target that Delhi had set

India's ambitious $23 bn PLI scheme to counter China factories set to lapse
Updated On : 21 Mar 2025 | 1:30 PM IST

Govt replaces 'certificate' with 'proof' in Rules of Origin regulations

The amendment, effective from March 18, modifies key rules governing the determination of the country of origin of imported goods - a crucial factor in availing duty benefits under FTAs)

Govt replaces 'certificate' with 'proof' in Rules of Origin regulations
Updated On : 21 Mar 2025 | 11:08 AM IST

GST Council meet: Uniform 5% rate on drones for business use on agenda

This could be a major relief to India's burgeoning drone industry, which consists of around 488 drone companies that have collectively secured $518 million in funding so far

GST Council meet: Uniform 5% rate on drones for business use on agenda
Updated On : 21 Mar 2025 | 12:32 AM IST

Key India-US trade negotiations next week to finalise BTA contours

Both sides are aiming to finalise the first tranche of a "mutually beneficial" deal by the fall of 2025

Key India-US trade negotiations next week to finalise BTA contours
Updated On : 21 Mar 2025 | 12:04 AM IST

Five Centres of Excellence for skilling likely to be set up in NSTIs

The CoEs will also be empowered to operationalise higher national skill qualification framework (NSQF) level (level 5-level 8) courses which are not well represented in the skilling ecosystem

Five Centres of Excellence for skilling likely to be set up in NSTIs
Updated On : 20 Mar 2025 | 11:17 PM IST

US Fed's wait-and-see approach gives respite to tariff-struck investors

Fed policymakers signaled a cautious stance of their own on Wednesday at a policy meeting that left interest rates unchanged but acknowledged rising risks to both growth and inflation

US Fed's wait-and-see approach gives respite to tariff-struck investors
Updated On : 20 Mar 2025 | 11:02 PM IST

Net ECB inflows surge over 2x to $18.4 billion in 10MFY25: RBI data

ECB outflows due to principal repayments stood at $23.9 billion during the April 2024-January 2025 period, resulting in robust net inflows of $18.4 billion

Net ECB inflows surge over 2x to $18.4 billion in 10MFY25: RBI data
Updated On : 20 Mar 2025 | 10:45 PM IST

Balancing data integration and privacy big task: Mospi secy Saurabh Garg

MoSPI has defined national metadata standards to lay down clear definitions for data collection and set out a quality assessment framework for various ministries that collect the information

Balancing data integration and privacy big task: Mospi secy Saurabh Garg
Updated On : 20 Mar 2025 | 10:37 PM IST

Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation

During their discussion, Jane Fraser highlighted Citi's expansion in India and expressed interest in strengthening the company's presence in the country

Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation
Updated On : 20 Mar 2025 | 9:15 PM IST

Chhattisgarh govt expands mineral exploration with 13 new projects

Initial surveys estimate reserves of 283 million tonnes (mt) of limestone, 67 mt of iron ore, and 300,000 tonnes of bauxite, a senior official of state mineral resources department said

Chhattisgarh govt expands mineral exploration with 13 new projects
Updated On : 20 Mar 2025 | 7:00 PM IST

Parl's Standing Committee on Finance calls for GST relief on MPLAD fund

A GST of up to 18 per cent is charged on the work done under the MPLAD scheme

Parl's Standing Committee on Finance calls for GST relief on MPLAD fund
Updated On : 20 Mar 2025 | 5:23 PM IST

National interest key in India's international oil purchases, says Centre

The Ministry of External Affairs was asked in Rajya Sabha whether 'it is a fact that the USA had asked India to stop unloading Russian oil tankers and has set a deadline for it'

National interest key in India's international oil purchases, says Centre
Updated On : 20 Mar 2025 | 4:36 PM IST

Govt's divestment plan to push fundraising activities in FY26: Emkay Global

The steep correction in the equity market has started showing its impact on fundraising activities

Govt's divestment plan to push fundraising activities in FY26: Emkay Global
Updated On : 20 Mar 2025 | 3:37 PM IST