The RoDTEP scheme, announced in January 2021, refunds embedded duties and taxes such as VAT on fuel used in transportation, mandi tax and duty on electricity used during manufacturing of the exported items. | Photo Credit: VIPIN CHANDRAN In what could provide confidence to Indian exporters grappling with an unpredictable global market, the government is […]
NEW DELHI: Govt is assessing the impact of Pakistan’s airspace closure on air cargo from India that is headed to the Gulf, Europe, and the US. Exporters suggest that the impact is not going to be significant.While most of the cargo moves by sea, around 3-4% of garments are exported on aircraft, either on passenger […]
India wants to enhance production from underground mines to 10% of the country’s total output by the end of the current decade from less than 4% currently. | Photo Credit: Ahmad Masood In a bid to boost underground coal mining, the Coal Ministry has reduced the floor percentage of block revenue share for such mines […]
The target is to buy 31.27 mt of wheat this year as the agriculture ministry estimates wheat production at record 115.43 mt during 2024-25 crop year (July-June) | Photo Credit: SRINATH M India will not allow wheat export even if the government procurement exceeds the target of 31.3 million tonnes (mt) as the priority is […]
A view of the Kochi Water Metro | Photo Credit: H.VIBHU Kerala’s Kochi Water Metro has been asked to present a detailed project report for a similar service in Mumbai, Maharashtra ports minister Nitesh Rane has said. Speaking to PTI, he said the DPR is expected by the end of the month, adding that a […]
MUMBAI: India is poised to contribute significantly to global steel demand, commerce and industry minister Piyush Goyal said on Friday, while emphasising that govt has been able to protect the domestic steel industry from unfair dumping and irrationally low pricing.Speaking on sidelines of the Steel India event here, hosted by ministry of steel and industry […]
NEW DELHI: Bharti Airtel’s about Rs 41,000-crore of adjusted gross revenue (AGR) dues will not be converted into equity automatically as the telco’s application for such conversion will go through a scrutiny at the Department of Telecom (DoT), an official source said on Friday.Bharti Airtel has sought conversion of its AGR dues of around Rs […]
As the government tries to connect farmer producer organisations (FPOs) directly with corporates to sell their produce so that they get the 5-6 per cent margin that currently goes to intermediaries, a major challenge is the purchase price of the quality produce, which may be resolved with handholding. The issue of farm-gate price gained prominence […]
There are several other agrochemical molecules not yet been classified as banned or hazardous, and their efficacy and safety are under scientific review. | Photo Credit: VEDHAN M In a step towards monitoring the use of agro chemicals by the tea industry in West Bengal, the government has asked all the insecticide manufacturers and distributors […]
Coal Secretary Vikram Dev Dutt noted that the RSR transportation, which integrates rail and coastal shipping, is not only an economical alternative but also environment-friendly due to its lower carbon footprint | Photo Credit: KAMAL NARANG The Coal Ministry has set a target of despatching 65 million tonnes (mt) of coal via the rail-sea-rail (RSR) […]
