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Indian exporters are hoping that the country’s goods and services outflows could touch $1 trillion in 2026-27, supported by the recently signed trade agreements with the United States and the European Union. The anticipated surge comes as the US has reduced tariffs on Indian products from 50% to 18%, opening the door for more orders…
NEW DELHI: India and the US have discussed ways to strengthen collaboration in “critical and emerging defence technologies” to meet the evolving requirements at a key meeting hosted here, officials said.Defence Research and Development Organisation (DRDO) hosted the 24th Indo-US Joint Technical Group Plenary Meeting in New Delhi on Feb 3 and 4, they said….
Union Commerce and industry minister Piyush Goyal said India’s approach to information and communication technology (ICT) product access is focused on safeguarding domestic interests while ensuring the country secures critical technologies needed for economic and national security priorities.Speaking in Delhi, Goyal said policy direction in the sector is aimed at protecting India from countries that…
MUMBAI: In a boost to the startup ecosystem, govt has widened the scope of recognition of startups, extending the benefit to companies with a turnover of Rs 200 crore from Rs 100 crore earlier. This means that startups generating a turnover of up to Rs 200 crore will now get recognised, expanding the coverage of…
Commerce Secretary Rajesh Agrawal (Photo-PTI) The Budget FY27 proposal to allow Special Economic Zone (SEZ) units to sell goods in the domestic market at concessional duty rates is expected to boost import substitution and generate employment, Commerce Secretary Rajesh Agrawal said, adding that detailed operational guidelines will be rolled out in the next two to…
File Pic: Babar Azam and Virat Kohli (AP Photo) NEW DELHI: Babar Azam etched his name into T20I history on Sunday, surpassing Virat Kohli to become the batter with the most half-centuries in the format, as Pakistan completed a dominant 3–0 series sweep of Australia in Lahore. Babar’s unbeaten 50 not only anchored a commanding…
The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…
Finance Minister Nirmala Sitharaman, presenting the Union Budget on Sunday, announced a new scheme to support states in setting up five regional medical hubs in partnership with the private sector. These hubs will function as integrated healthcare complexes, combining medical care, education, and research, and aim to position India as a leading destination for medical…
NEW DELHI: Union finance minister Nirmala Sitharaman announced the plans to set up a new unit for the National Institute for Mental Health and Neuro Sciences in North India. Acknowledging the lack of mental health institutions in the region, she also announced the national mental health institutes in Jharkhand’s Ranchi and Assam’s Tezpur shall also…
NEW DELHI: High railway freight rates arising from cross-subsidisation are distorting competition with road transport, pushing up commodity prices, consumer inflation, and overall logistics costs, the Economic Survey 2025–26 highlighted.Reiterating the proposal in the Electricity Amendment Bill, 2026, the survey recommended the complete elimination of cross-subsidies for railways and the manufacturing sector within the next…
