by TANVI_MUNJAL | Oct 19, 2023 | Business & Policy, News & Insights
According to a paper published by a think tank in New Delhi, India should exercise caution regarding the United Kingdom’s proposed carbon tax. The report suggests that India should consider incorporating appropriate provisions within the Free Trade Agreement...
by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | Business & Policy
Manufacturer of technical textiles Garware Technical Fibres announced on Tuesday that its consolidated profit after tax (PAT) increased by 11% to Rs 59.6 crore for the three months ended March 31. According to a regulatory filing by Garware Technical Fibres, the...
by DIGITAL MEDIA EXECUTIVE | May 25, 2023 | Finance & Economy
During an interactive session hosted by the PHD Chambers of Commerce and Industry (PHDCCI), India’s secretary for commerce and industry, Rajesh Kumar Singh, disclosed large investment intentions and an extension of the Production Linked Incentive (PLI) scheme....
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | News & Insights
According to the Vietnamese ambassador to India, Nguyen Thanh Hai, West Bengal and Vietnam need to do a lot to expand their trade relations. The diplomat mentioned this while speaking at a special session on West Bengal and Vietnam that was sponsored by the Bharat...
by DIGITAL MEDIA EXECUTIVE | May 23, 2023 | Business & Policy
Leading textile producer Arvind Ltd. said on Thursday that tax advantages enabled its consolidated net profit climb by 12.7% to Rs 97.30 crore for the fourth quarter ended March 2023.According to Arvind’s regulatory filing, the business reported a net profit of...
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | Import/Export
The EU’s recent adoption of a deforestation legislation will have an impact on India’s 1.3 billion USD yearly exports of goods to the EU, including coffee, leather skins, and paperboard, according to a report by the economic think tank GTRI on Thursday....
by DIGITAL MEDIA EXECUTIVE | May 22, 2023 | Import/Export
The US-led G-7 grouping may sanction countries that turn discounted Russian crude oil into diesel, petrol and jet fuel – known as ‘clean products’ in the parlance – and then re-export these products to European consumers at full price. India,...
by DIGITAL MEDIA EXECUTIVE | May 3, 2023 | cotton industry, COTTON PRICE
India’s Australian cotton imports have increased over the last year, more than doubling to a value of $283.766 million in 2022—more than four times what they were in 2017. The record-high pricing of the natural fiber may be to blame for this increase. India...
by DIGITAL MEDIA EXECUTIVE | Apr 27, 2023 | science
Increasing construction activities worldwide has led to a surge in the demand for paints and coatings, which is expected to drive the sales of synthetic latex polymers. According to a recent research report by Fact.MR, a provider of market research and competitive...
by DIGITAL MEDIA EXECUTIVE | Apr 27, 2023 | Finance & Economy
Synopsis Credit offtake rose by 15.7% year on year (y-o-y) for the fortnight ended April 07, 2023. In absolute terms, credit offtake expanded by Rs.18.8 lakh crore to Rs.138.5 lakh as of April 07, 2023. The growth has been driven by personal loans, robust growth...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | Country Report, Finance & Economy, News & Insights
The UAE has announced that corporate tax will be introduced on 1st June, 23. As a result of its announcement, businesses and tax professionals have been buzzing about it. As a result of this announcement, UAE is slated to become the fourth country among the GCC...
by DIGITAL MEDIA EXECUTIVE | Apr 11, 2023 | Finance & Economy
Officials predict that the government will continue to offer the enlarged duty waiver programme to exporters after the deadline in September, easing the burden on the chemical, steel, and pharmaceutical industries. The Remission of Duties and Taxes on Exported...
