NEW DELHI: Keen for a bigger pie of the world’s fastest growing aviation market, the biggest sectoral original equipment manufacturers’ legal teams are poring over the fine print of the landmark Indo-US trade deal.A zero-duty access to components exported from India to the US will give India parity with other aerospace supply chains such as…
NEW DELHI: India’s commitment to import $500 billion of goods from the US over five years depends not just on the ability of Indian companies to place orders but also on how quickly American suppliers can cater to the demand.Last year, India imported goods worth $45.5 billion from the US; during the first nine months…
NEW DELHI: The income tax department Saturday unveiled the draft income tax rules which aim to simplify tax filing and usher in ease of compliance. The new rules, which will come into effect from April 1, cover a range of issues for ordinary taxpayers and companies, with an emphasis on simplification, faceless assessments and reducing…
The 8th Central Pay Commission (CPC) has launched its official website and begun seeking structured feedback from stakeholders, marking a key step in the process of reviewing salaries, pensions and allowances for central government employees and pensioners.According to a statement posted on the Commission’s official website, inputs are being collected through a structured questionnaire hosted…
The interim India-US trade agreement is expected to strengthen cooperation in pharmaceuticals and medical technology, with industry bodies saying medicine supply chains are closely linked to national security priorities.Strengthening the India-US medicines partnership is important as medicine security is a part of national security, the Indian Pharmaceutical Alliance said on Saturday, welcoming the interim trade…
The India-US trade agreement is expected to unlock America’s $118 billion global imports market for textiles, apparel and made-ups, offering a major opportunity for India’s textile sector, the government said on Saturday.US remains the largest market for India’s textile exports, and the new tariff framework is expected to strengthen India’s positioning in global textile supply…
The safe harbour regime proposed in the Union Budget for component warehousing linked to manufacturing could offer multinational companies a comparable or better post-tax cost structure, along with lower regulatory risk, Finance Ministry sources told PTI.The proposal, which targets supply chain efficiency for electronics manufacturing, is expected to result in an effective tax of about…
India and Russia continue to share a strong bilateral relationship built on trust and mutual respect, with Moscow open to cooperation with all countries willing to engage constructively, Russian Consul General Ivan Fetisov said on Saturday.Speaking to PTI Videos on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, Fetisov said…
NEW DELHI: Commerce minister Piyush Goyal on Saturday assured that the India-US trade deal framework will not harm Indian farmers, MSMEs, artisans, or craftsmen, and said their interests remain fully protected.“I can say with absolute certainty that the farmers, MSMEs, artisans, and craftsmen of India will not suffer any kind of loss,” Goyal said in…
India-China trade is unlikely to be influenced by external geopolitical or economic developments, as both countries are large economies that support multilateralism and global trade frameworks, China’s Consul General in Mumbai Qin Jie said on Saturday.Speaking to PTI on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, the diplomat said…
