Washington, July 2 (IANS) India will mount a coordinated challenge next week to a proposed US tariff on its exports, with government officials and leading industry bodies arguing that Washington’s findings on forced labour are legally flawed, unsupported by evidence and could disrupt supply chains linking the world’s largest and fifth-largest economies.The challenge will be presented before the Office of the US Trade Representative’s (USTR) Section 301 Committee on July 8.Poornima Shenoy of the …
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New Delhi, June 27 (IANS) Union Commerce and Industry Minister Piyush Goyal has urged Indian companies to deepen engagement with their UK counterparts and translate opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth, it was announced on Saturday.Addressing the India-UK: Partners in Progress Business Plenary in London, Goyal said the landmark trade pact offers significant opportunities to strengthen bilateral trade, investment, techno…
London, June 26 (IANS) Commerce and Industry Piyush Goyal on Friday announced the deployment of 1,000 advisory personnel across India and the upgradation of the trade portal to help businesses maximise the benefits of the India-UK free trade agreement, which will come into effect on July 15 and is projected to increase bilateral trade by 25.5 billion pounds annually.Goyal participated in a series of high-level engagements during the 10th Annual UK-India Week here on Friday, highlighting the oppo…
New Delhi, June 23 (IANS) India needs 7 to 8 per cent growth to become Viksit Bharat by 2047, which needs more investment from the private sector as well as strong export growth, Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), said on Tuesday.Speaking to reporters on the sidelines of a FICCI India event here, he said that “private sector investment is equally important and also export growth important. Prime Minister Narendra Modi has mentioned about ‘…
Jammu/Srinagar, June 8 (IANS) J&K government on Monday held a UT level workshop on Industrial corridors, ‘Plug & Play infrastructure’. The Department of Industries & Commerce, Government of Jammu & Kashmir on Monday organised a UT level Internal Consultative workshop at the Convention Centre, Jammu, on the theme “Industrial Corridors & Plug-and-Play Infrastructure: State Readiness for Global Manufacturing.”The workshop was held as part of a structured consultation pro…
New Delhi, May 24 (IANS) The first meeting of NITI Aayog’s high-powered ‘Education to Employment and Enterprise’ Standing Committee has decided to identify actionable recommendations to enhance employability, foster entrepreneurship, strengthen industry-relevant skilling, and accelerate growth in the services sector, according to an official statement issued on Sunday.The meeting concluded with a shared commitment to transform India’s demographic dividend into a growth dividend, enhance co…
New Delhi, May 22 (IANS) As India advances its trade negotiations and economic engagement with Europe, industry leaders and policymakers on Friday stressed the need for stronger standards infrastructure, digital compliance systems and institutional mechanisms to help Indian businesses effectively access European markets and address non-tariff barriers.The observations were made during a conference on “Next-Gen Trade Pacts: Leveraging India’s Partnership with Europe under FTAs”, organised b…
Gandhinagar, May 21 (IANS) As the Joint Parliamentary Committee (JPC) examining the proposed “One Nation, One Election” framework concluded its three-day consultation visit to Gujarat on Thursday, educational institutions and industry bodies emerged among the strongest supporters of simultaneous elections, arguing that repeated polls were causing sustained disruption to academic functioning, labour availability and economic activity across the state. The 39-member committee, chaired by BJP M…
Gandhinagar, May 8 (IANS) Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu said on Friday that seaplane operations will soon begin in Lakshadweep as part of India’s broader strategy to enhance regional air connectivity and diversify aviation infrastructure. Addressing the gathering at ‘India Aircraft Leasing and Financing Summit 2.0’ in GIFT City, the Union Minister added: “India’s aviation expansion is no longer limited to traditional aircraft operations but is extending to helicopters, …
New Delhi, May 7 (IANS) India’s real estate projects need end‑to‑end, enterprise‑led digital transformation due to increasing scale and complexity, as the market is projected to grow from $650 billion in 2025 to $5.8 trillion by 2047, a report said on Thursday.A joint report by KPMG in India and FICCI said that the sector is at an inflection point and technology must move from a peripheral enabler to a foundational driver in a project’s entire lifecycle.Technology must play a more pron…