The government will be presenting the interim budget on February 1, the last one before the upcoming elections. While incumbent finance ministers generally do not announce major reforms that could potentially burden the next government, we expect this budget to be more populist in nature.

Mumbai: “Under the aegis of Ministry of Textiles, for the first time in the history of India, we have dedicated to the nation 207 HSN codes for technical textiles. I see this as a function of unleashing the potential of not only technical textiles but also of an industry which impacts both our farm life and our space pursuits.

NEW DELHI: Foxconn, the world’s largest contract manufacturer, has flagged its concerns to the government over delays in refunds of about Rs 1,000 crore under the goods and services tax regime, saying one of its key India units has been left cash-starved and this could hurt plans to deepen local production of electronics. 

JODHPUR: Rajasthan High Court on Tuesday issued notices to the Central government, state government and the GST Council seeking reply in four weeks on the denial of the input tax credit benefit. 

NEW DELHI: Top apparel manufacturers and retailers are expected to meet in Mumbai in the first week of February to kick-start a project aimed at studying Indian body types to create an Indian size chart.

BHUBANESWAR: Vietnam invited micro, small and medium enterprises (MSMEs) of Odisha for trade with the country.