Japan on Tuesday expressed disappointment over India’s decision to appeal against a ruling of the WTO trade dispute settlement panel on import duties on certain information and technology products, and has urged to withdraw it, a Geneva-based official said.On May 25, India appealed against a ruling of the World Trade Organization’s (WTO) trade dispute settlement […]
India on Monday deferred the mandatory requirement of a certificate of inspection by export inspection agencies for shipping both basmati and non-basmati rice to certain European countries by six months. The Directorate General of Foreign Trade (DGFT) said that it is amending a notification dated August 17, 2022, to the extent that export of rice […]
Breadcrumb Trail Links News Economy The risk of inaction is simply too high for Canada to ignore Saudi Arabia any longer The Kingdom Tower, left, stands alongside the King Fahd highway, illuminated by the light trails of passing traffic, in Riyadh, Saudi Arabia. Photo by Waseem Obaidi/Bloomberg Article content As global trading rules and political […]
Prime Minister Narendra Modi on Saturday said that the Centre, states and Union Territories need to work as a team and develop a long-term common vision to fulfil the aspirations of people to make India a developed country by 2047, when the country completes 100 years of Independence. Addressing the eighth Governing Council meeting of […]
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More measures are needed to weed out fake input tax credit (ITC) generators from the system for checking tax evasion and increasing GST revenues, CBIC member Sanjay Kumar Agarwal said on Wednesday. He said the government has taken various steps to tackle the menace of fake ITC claims and has already launched a special 2-month-long […]
India’s growth in the April-June quarter is expected to be driven by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing, a Reserve Bank article said on Monday. The global economy is transfixed in the cross-currents of slowing growth and high inflation, and an uneasy calm prevails in the global financial markets […]
Union Minister Piyush Goyal on Sunday said Prime Minister Narendra Modi’s welfare schemes have ensured no family goes to sleep hungry. He was speaking at an event to lay the foundation stone of a mega textile park in Gandhwani, some 60 kilometres from here. It was also attended by Madhya Pradesh Chief Minister Shivraj Singh […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Sammy Hudes Published May 18, 2023 • 3 minute read Join the conversation People pass the Bank of Canada building on Wellington Street in Ottawa, on Tuesday, May 31, 2022.The Bank of Canada says it is more concerned than it was a year […]
S&P Global Ratings on Thursday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook saying strengths lie in a fast-growing economy and strong external balance sheet but flagged weak fiscal performance and low GDP per capita.It said the Indian economy is set for real GDP growth of about 6 per cent in 2023, which […]