by Manali bhanushali | Dec 30, 2020 | Industry And Cluster, News & Insights
Urging the next US government to give utmost priority to the US-India mini trade deal, the US India Business Council recently said bilateral ties continue to be ‘strong and vibrant’ and 2021 will offer important opportunities to broaden and deepen the partnership. The...
by Manali bhanushali | Dec 24, 2020 | Industry And Cluster, News & Insights
The Centralised ‘Investment Clearance Cell’, under the proposed single window system, aimed at facilitating businesses through a one-stop digital platform, is planned to be launched with relevant Ministries and Departments and select States by April 15, 2021, a senior...
by Manali bhanushali | Dec 19, 2020 | Industry And Cluster, News & Insights
The government will also continue to work to see to it that the duty structure is rationalised with finished products being taxed at higher rates and raw materials at lower. India is planning to raise duties on a range of imports including electronics, vegetable oils,...
by Manali bhanushali | Dec 17, 2020 | Industry And Cluster, News & Insights
Mumbai,14th December 2020: Pursuant to the 66th Annual General Meeting of TEXPROCIL (The Cotton Textiles Export Promotion Council) held on 5th December, 2020, Shri M. K. Patodia was elected as Chairman, TEXPROCIL and Shri Sunil Patwari was elected as Vice Chairman,...
by Manali bhanushali | Dec 17, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights
(San Francisco Bay Area, California, December 7, 2020) Discover e-Solutions (DeSL) updates its Adobe Illustrator Plug-In software for Creative Cloud 2021. DeSL recognizes that not all fashion companies are ready to move to 3D modelling and will still retain and use...
by Manali bhanushali | Dec 16, 2020 | Industry And Cluster, News & Insights
Retirement fund body EPFO is likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ Provident fund (EPF) accounts of around six crore subscribers in one go by the end of December. Earlier in September this year, the Employees Provident Fund...
by Manali bhanushali | Dec 16, 2020 | Finance & Economy, News & Insights
India’s annual rate of inflation, based on monthly wholesale price index (WPI), for November 2020, stood at 1.55 per cent over November 2019. The index for textiles increased by 1.48 per cent, and for apparel by 1.01 per cent in November, according to the...
by Manali bhanushali | Dec 16, 2020 | Corporate / SME News, News & Insights
Tax paying Indian micro, small and medium enterprises (MSMEs) with nil liability will no longer require to log on to the goods and services tax (GST) website to file their returns. They can instead do that through an SMS to help reduce their compliance cost, according...
by Manali bhanushali | Dec 16, 2020 | Industry And Cluster, News & Insights
Meanwhile, industry body CII has recommended a three-pronged strategy for Budget 2021 centring around growth, fiscal consolidation and strengthening of the financial sector. With the union budget-making process getting underway, Finance Minister Nirmala Sitharaman...
by Manali bhanushali | Dec 14, 2020 | Market Reports, News & Insights
Wholesale inflation firmed up to 9-months high of 1.6% in November 2020 compared with 0.6% in November 2019 and 1.5% in the previous month. CARE Ratings’ had estimated wholesale inflation at 1.8% for the month. Wholesale inflation has been registering a gradual...
by Manali bhanushali | Dec 14, 2020 | Industry And Cluster, News & Insights
In course of the succession planning, Christian Straubhaar will take on the position as Senior Vice President Sales at Rieter Machines & Systems in Winterthur on January 1, 2021. Straubhaar will succeed Reto Thom who will retire. Christian Straubhaar holds an...
by Manali bhanushali | Dec 14, 2020 | Industry And Cluster, News & Insights
India- December 2020: Taiwan Product Centre (TPC) was launched in India by Taiwan External Trade Development Council (TAITRA) with an objective to expand their business ties with India. The presence of TPC offices in Mumbai, Chennai and Delhi, TAITRA aims to scale up...
