New Delhi, July 26 (IANS) India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on Friday.
New Delhi, July 26 (IANS) The Directorate General of Foreign Trade (DGFT) has announced significant enhancements to the Export Promotion Capital Goods (EPCG) Scheme aimed at simplifying processes, reducing transaction costs, and promoting automation to benefit exporters.
New Delhi, July 26 (IANS) In a fillip to the country’s local manufacturing success story, tech giant Apple is set to make its ‘Make in India’ iPhone 16 Pro and 16 Pro Max models available in the country right after the global launch this fall, industry sources said on Friday.
New Delhi, July 26 (IANS) The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday.
New Delhi, July 26 (IANS) Finance Minister Nirmala Sitharaman decreased income tax and increased standard deduction rebate in the Union Budget 2024-25. This move by the government is likely to boost FMCG sector growth.
New Delhi, July 26 (IANS) In yet another success story of India’s local manufacturing push, iPhone maker Apple has achieved record exports numbers in the April-June quarter in the country, reaching around $3.8 billion.
New Delhi, July 26 (IANS) With strong macro-economic indicators, conducive government policies and over 7 per cent growth projected for the Indian GDP, the auto component industry will continue to perform well in FY25, according to the industry.
Mumbai, July 25 (IANS) Global credit agencies said the government’s plan for fiscal consolidation would positively impact India's credit profile.
Bengaluru, July 25 (IANS) Driven by India's potential to enhance processes amid improved business sentiments, Global Capability Centres (GCCs) are estimated to reach 26 million square feet by 2027, up from 19.69 million square feet in 2023, a report showed on Thursday.
New Delhi, July 25 (IANS) Driven by the government push to promote financial inclusion and electronic payments, more and more Indian consumers are embracing card payments, along with the unified payments interface (UPI)-based digital payments surge, transforming the country's payment landscape.
