The Asian Development Bank (ADB) has revised India's growth forecast for the current financial year to 6.9 percent from 6.5 percent. According to the ADB's Asian Development Outlook, India's growth is expected to remain strong this fiscal year, driven by strong domestic demand, improved...
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New Delhi, April 1 The government's decision to provide limited duty concessions to manufacturing units in special economic zones (SEZs) for selling goods in the domestic market is a one-time relief measure, not a permanent policy change, according to sources in the finance ministry on...
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one-time intervention
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sezs
special economic zones
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New Delhi, April 1 The Confederation of Indian Industry (CII) on Wednesday welcomed the government's decision to extend the RoDTEP Scheme for all eligible export products until September 30, 2026, and the introduction of a one-time concessional framework for Domestic Tariff Area (DTA) sales by...
confederation of indian industry (cii)
domestic tariff area (dta)
duty relief
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remission of duties and taxes on exported products (rodtep)
special economic zones (sezs)
tax refund
tradeuncertainty
Mumbai, February 25 The rupee remained within a trading range and closed with a gain of 4 paise at 90.91 against the US dollar on Wednesday, supported by foreign fund inflows and a weak dollar.However, the currency faced pressure due to higher crude oil prices and trade-related uncertainties...
Mumbai, February 25 – Benchmark indices Sensex and Nifty trimmed early gains to close marginally higher on Wednesday in a volatile session as the US imposing 126% import duties on Indian solar goods dampened investor sentiment and triggered profit-taking.The 30-share BSE Sensex, retreating...
Mumbai, February 24 – The Sensex and Nifty benchmark indices tumbled by more than 1% on Tuesday, driven by heavy losses in IT stocks amid concerns over disruption caused by artificial intelligence and renewed trade-related uncertainties.Rising global crude prices, fueled by escalating US-Iran...
Mumbai, February 24 The benchmark equity indices, Sensex and Nifty, fell by more than 1% on Tuesday, dragged down by heavy losses in IT stocks amid concerns over disruption caused by artificial intelligence and renewed uncertainties related to trade.Rising global crude prices, coupled with...
New Delhi, February 23 Precious metal prices rose by 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong demand for safe-haven assets amid growing global trade uncertainties following the US...
Mumbai, February 23 The rupee gained 7 paise to settle at 90.87 (provisional) against the US dollar on Monday, supported by a sharp fall in global crude oil prices and a weaker US dollar amid renewed global trade-related uncertainties.However, foreign fund outflows, coupled with geopolitical...