Gandhinagar, Feb 6 (IANS) The Free Trade Agreement (FTA) concluded between India and the European Union is expected to significantly expand export opportunities for Gujarat, particularly its southern region, by providing wide-ranging duty-free and preferential access to one of the world’s largest import markets. The agreement marks a major step in India’s efforts to deepen its global trade engagement while strengthening export-led industrial growth across key sectors.India’s exports to the…
Latest Surat News & Updates
Surat, Feb 4 (IANS) Surat’s diamond industry is set for a major revival after the United States reduced import tariffs on Indian goods from 50 per cent to 18 per cent, a decision expected to benefit lakhs of workers and boost India’s diamond and jewellery sector. The U.S. is India’s largest market for diamonds, accounting for nearly 30 per cent of total exports in the sector, valued at around USD 10 billion annually.Diamond exports alone contribute USD 7-8 billion. Last year, high tariffs …
Ahmedabad/Surat, Feb 3 (IANS) The Indian share market surged on Tuesday after the announcement of a trade agreement between India and the United States, which lowered tariffs on Indian exports. The deal, finalised after discussions between Prime Minister Narendra Modi and US President Donald Trump, cuts tariffs from 50 per cent to 18 per cent, ending months of uncertainty that had been weighing on investor sentiment.The reduction in tariffs has had a notable impact on key sectors, partic…
Gandhinagar, Feb 3 (IANS) Surat is set to host the South Gujarat edition of the Vibrant Gujarat Regional Conference on April 9 and 10, with a special focus on strengthening Micro, Small and Medium Enterprises through an MSME Conclave scheduled on the second day of the event.The two-day conference is part of the state government’s first-ever initiative to take the Vibrant Gujarat platform to four regional zones, building on the legacy of the global summits that began in 2003.The South Gujarat z…
New Delhi, Feb 3 (IANS) India is poised to host over 2,400 GCCs by 2030 employing over 2.8 million professionals, and the country’s GCC market could reach a size of $105 – 110 billion by growing at a compound annual growth rate of 10 per cent, a report said on Tuesday.The report from FICCI and ANAROCK said India’s office market posted all‑time high leasing across the top seven cities in 2025, driven largely by Global Capability Centres that now account for more than 40 per cent of gross le…
Bhubaneswar, Feb 2 (IANS) The Crime Branch of the Odisha Police has arrested a man from Bhubaneswar in connection with a Rs 6 crore investment fraud case, a senior police official said on Monday. The accused cyber criminal, identified as Vedgiri Srinivasrao, 39, is a resident of the Guntur area in Andhra Pradesh.Police sources revealed that a businessman from Berhampur in Ganjam district came into contact with an unidentified cyber fraudster on the popular social media platform Facebook on May 7…
Gandhinagar, Feb 2 (IANS) Over the last 10 years, more than 1.18 lakh birds injured largely during the Uttarayan kite-flying season have been rescued across Gujarat under the state’s Karuna Abhiyan, according to official data of the Forest and Environment Department. The campaign, launched in 2017, has provided medical treatment to over 1.29 lakh injured birds, achieving a recovery rate of more than 92 per cent.Forest and Environment Minister Arjun Modhwadia said the sustained outcomes reflect…
Kolkata, Feb 1 (IANS) Leader of the Opposition (LoP) in West Bengal Assembly, Suvendu Adhikari, on Sunday, hailed the Union budget for 2026-27, saying it has a lot for the state. Using his official X account, LoP Adhikari said, “Today’s Union Budget has kindled a ray of hope in the hearts of the people of West Bengal. A massive investment plan has been outlined for infrastructural development to usher in a wave of industrialisation.”Talking about the proposed projects for the state, BJP leader A…
Kolkata, Feb 1 (IANS) A dedicated freight corridor and a high-speed railway corridor are two important takeaways for West Bengal from the budget proposals for the financial year 2026-27 that were presented by Union Finance Minister Nirmala Sitharaman in Parliament earlier in the day. The Union Finance Minister announced in her budget speech in Parliament that seven high-speed rail corridors will be built across the country. One of them will connect West Bengal. The high-speed rail corridor will …
New Delhi, Feb 1 (IANS) Presenting the Budget for 2026-27 on Sunday, Union Finance Minister Nirmala Sitharaman proposed a dedicated freight corridor connecting Surat in Gujarat and Dankuni in West Bengal. The new freight corridor will establish a direct link between the two states, setting up new corridors for logistics and freight movement.The Finance Minister also proposed to operationalise 20 new national waterways over the next five years, to promote an environmentally sustainable route for …