Last year, India set out on an ambitious campaign to increase its income from exports by $350 billion. It tasked Pawan Goenka to chalk out a plan. Watch the video for all the updates.

Explained: How India plans to boost exports

Company eyes Rs 30 crore revenue in first year, Rs 200 crore by 2030

Billionaire Gautam Adani-led conglomerate on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding.
In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy.
The company said it has withdrawn its 2023 "request for financing from the US International Development Finance Corporation (DFC)".
The US International Development Finance Corp, in November last year, agreed to provide a USD 553 million loan to support the development, construction, and operation of a deep-water container terminal called the Colombo West International Terminal (CWIT) at the Port of Colombo in Sri Lanka.
The CWIT is being developed by a consortium of Adani Ports, Sri Lankan conglomerate John Keells Holdings Plc, and the Sri Lanka Ports Authority (SLPA).
DFC ...

In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year"

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Start-ups not working on technologies that can replace humans in workflow will not last long, Paytm founder and CEO Vijay Shekhar Sharma said on Tuesday.
While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology and provide support as the adoption of AI increases.
When asked about whether Paytm is also looking at technologies to reduce its workforce, Sharma said, "We will need to hire more ... to provide technology support. Technology companies will become stronger with the adoption of tech".
During his session on Digital Transformation, Sharma said anything that is being done physically or mentally will be replaced by AI like car driving and writing code. Startups not developing tech to replace human workflow will not last long.
"If you are not building a startup that removes the obligation of a human's workflow, you're not building a company that will be .

While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology

The goods exports stood at over Rs 83,704 crore as of FY24. The move will promote initiatives to elevate product quality and facilitate certiﬁcation of exported goods

With its per capita income far exceeding the national average, Tamil Nadu was faring better in its contribution to national economy and the state's industries and services sectors played a pivotal role in increasing the Gross State Domestic Product (GSDP) by 14 per cent in 2022-2023 amounting to Rs 23,64,514 crore, Principal Accountant General (Audit-I), Tamil Nadu, D Jaishankar said on Tuesday.
As regards the resources of the state government, he said the revenue receipts increased by 17.47 per cent during 2022-2023 when compared to the previous year because of an increase in both tax revenue and non-tax revenue.
Briefing reporters on the State Finances Audit report of the Comptroller and Auditor General of India for the year ended March 2023, tabled in the Assembly earlier in the day, he said the state GDP in 2022-2023 was Rs 23,64,514 crore, an increase by 14 per cent over the previous year.
"Industries and services sectors were the main contributors and the per capita income of 

The state's own tax revenue constituted a major part of the revenue receipts to almost 62 per cent

Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Call for reining in food inflation and raising investment in pre-Budget  talks

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Explained: How India plans to boost exports

Last year, India set out on an ambitious campaign to increase its income from exports by $350 billion. It tasked Pawan Goenka to chalk out a plan. Watch the video for all the updates.

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