New Delhi, July 19 (IANS) Union Minister of Commerce and Industry Piyush Goyal has called for deeper collaboration between India and Estonia in trade, investment, innovation and technology as he addressed the India–Estonia Business Forum in Tallinn during his official visit to the Baltic nation.The forum brought together senior government representatives, industry leaders and business delegations from both countries to explore new opportunities for expanding bilateral economic cooperation and …
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New Delhi, July 17 (IANS) Union Commerce and Industry Minister Piyush Goyal held a series of high-level meetings with leading Finnish technology and industrial companies in Helsinki on Friday, urging them to deepen their investments in India by expanding manufacturing, research and development (R&D) capabilities and increasing exports from the country.During his meeting with Nokia Corporation President and CEO Justin Hotard and the company’s senior leadership, Goyal discussed opportunities t…
Washington, July 16 (IANS) US President Donald Trump has announced nearly $10 billion in new investments in the country’s defence industrial base in Pennsylvania, saying the projects would create more than 4,000 jobs and strengthen America’s military manufacturing amid growing global security challenges. Speaking at the Pennsylvania Defense and Innovation Summit hosted by Senator Dave McCormick on Wednesday (local time), Trump said the investments would support the construction of ships, submari…
New Delhi, July 15 (IANS) The landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which has come into effect from Wednesday, grants zero-duty access on nearly 99 per cent of India’s exports, covering almost 100 per cent of the trade value, which will strengthen the country’s export competitiveness, according to a government factsheet.India will benefit from one of the most ambitious services commitments ever offered by the UK under a Free Trade Agreement.The agreement seeks to…
New Delhi, July 14 (IANS) Commerce and Industry Minister Piyush Goyal met Jordi Hereu, Minister of Industry and Tourism of Spain, and explored new opportunities to strengthen India-Spain collaboration in trade, investment, manufacturing, innovation, tourism and other future-ready sectors that drive growth, competitiveness and job creation.“We also exchanged views on the India-EU FTA and reaffirmed our commitment to strengthening industrial partnerships, building resilient supply chains and dee…
Mumbai, July 13 (IANS) India’s small business credit ecosystem continues to expand steadily despite external headwinds as total portfolio outstanding (covering sole proprietors and enterprises) stood at Rs 49.2 lakh crore till March 2026, a report said on Monday.This was a robust growth of 13.4 per cent year-on-year, according to credit bureau CRIF High Mark’s 4th edition of CRIF–SIDBI Small Business Spotlight Report.With this increase, the active loans has reached to 7.5 crore as of March…
Thiruvananthapuram, July 9 (IANS) Artificial Intelligence (AI) must become an integral part of India’s education system and find applications across sectors beyond information technology if the country is to emerge as a global leader in the field, NASSCOM President Rajesh Nambiar said here on Thursday.Highlighting NASSCOM’s role in shaping India’s AI ecosystem, Nambiar said the industry body is working closely with the University Grants Commission (UGC) and other national education agencies to…
Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the state has witnessed a sharp increase in the number of registered Micro, Small and Medium Enterprises (MSMEs), asserting that the sector has emerged as a major driver of employment generation and economic growth. In a post on social media platform X, Sarma said Assam currently has 17.29 lakh registered MSMEs operating across various sectors and stressed that the government aims to further expand the ecosystem.”T…
New Delhi, July 9 (IANS) The government has rolled out more customs duty relief to lower the cost of importing a wide range of components and capital goods used to produce electronic goods such as smartphones and lithium-ion battery manufacturing, in order to promote domestic production of finished products.The Central Board of Indirect Taxes and Customs (CBIC) has issued three separate notifications to roll out the customs duty waiver and expand the list of goods eligible for concessional duty….
Melbourne, July 9 (IANS) Australian Prime Minister Anthony Albanese on Thursday said that they will keep working with business leaders and universities to grow Australia’s economic ties with India.After meeting Prime Minister Narendra Modi here, Albanese said that together, “we’re growing our economies and backing Australian and Indian businesses”. “The bond between our people has driven so many of our business success stories. And we’ll keep working with business leaders and universit…