In the upcoming Budget, the government may consider a hike in customs duty on over 300 items like toys, furniture, footwear, coated paper, rubber items among other, in a measure to help domestic Small and Medium Enterprises (SMEs).
During the first Session of India-Norway Dialogue on Trade & Investment (DTI) was convened in New Delhi on 15-16 January, India and Norway discussed ways to boost cooperation in range of sectors including Micro, Small and Medium Enterprises (MSMEs).
The sluggish global economy, along with the domestic slowdown, dented India's external trade as both exports and imports showed a downtrend in December.
New Delhi : A recent analytics-driven probe into Goods and Services Tax (GST) refunds has led investigators to detect more than 1,200 untraceable exporters, saving the exchequer of over Rs 350 crore in refunds under payment.
The MSME Export Promotion Council (MSME-EPC) is holding the first three-day summit in Guwahati for aspiring entrepreneurs in the North East from Friday to pave the way for development of entrepreneurship and businesses by women and youths of the region.
The Indian textile industry should not expect the Cotton Corporation of India (CCI) to sell cotton at a loss just because it is a government enterprise, according to CCI chairman P Alii Rani, who recently said the corporation has so far bought a quarter of the cotton that has arrived in the markets this year since the beginning of the cotton year on October 1.