Invest in India News

  • Improving ease of doing biz: Govt to identify what's slowing cargo movement

    he government is conducting a nationwide study, the first of its kind, to identify bottlenecks in cargo movement, in a bid to improve trade and Ease of Doing Business ranking.

     

    The study will be based on surveys. It will look at causes of delays in movement of consignment caused by regulatory constraints, logistical issues in supply chains, or lack of infrastructure.

  • Will sign preferential tariff agreement with India soon, says Iranian envoy

    Iran will soon sign a preferential tariff agreement with India that will slash tariffs on a large number of traded goods, Iranian ambassador to India Ali Chegeni said on Wednesday.

     

    Many important items will be made zero duty as part of the deal, with a commitment to reduce tariffs on many others, he said, addressing Indian investors at the PHD Chamber of Commerce.

  • Varanasi to become hub for fruit and vegetable exports

    The government aims to make Varanasi, also known as Benaras or Kashi, a fruit and vegetable export hub. Major production of fruits and vegetables grown in the region and adjoining districts will be branded as 'Benaras Brand' and 'Kashi Brand,' respectively and marketed and exported to the world market, and step towards making the country achieve the USD 5 trillion economy.

     

  • Govt aims to raise MSME share in exports and GDP to 50% in next 5 years: MSME Minister

    Minister urges key stakeholders to come together to boost the Khadi sector

     

    The Union Minister for Micro, Small and Medium Enterprises and Road Transport and Highways, Nitin Gadkari has said that the Government has taken up a mission-mode project of creating 5 crore jobs in 5 years in the MSME sector.

  • Indo-Pacific one of new concepts in changing world: EAM S Jaishankar

    In his address to Maldivian Parliament in June, Prime Minister Narendra Modi underscored India's firm commitment to make the strategic Indo-Pacific an area for shared economic growth, saying it has been our lifeline, and also the highway for trade and prosperity.

     

  • Cabinet to soon consider India-Mauritius free trade agreement for approval

    The Cabinet will soon consider the proposed India-Mauritius free trade agreement, aimed at liberalising norms to boost two-way commerce and investments, for approval, an official said.

     

    In a free trade agreement, two trading partners cut or eliminate duties on majority of goods besides liberalising norms to promote services trade and boost investments.

  • India, UK to set up team to work on economic ties post Brexit

    In preparation for Brexit, India and UK have decided to set up a small team to work on the economic relationship between the two countries after the UK exits the European Union on October 31.

     

  • No impact of US-China trade war on India: Krishnamurthy Subramanian

    The ongoing trade war between United States of America and China will not have any impact on Indian export which is just below 2 per cent of the global trade, Chief Economic Advisor Krishnamurthy Subramanian said on Monday.

     

  • Agri Min urges progressive farmers to make farming profitable without subsidies

    Agriculture Minister Narendra Singh Tomar on Monday urged 'progressive' farmers to think of contributing to the country's farm GDP and set example by making farming profitable without depending on government subsidies.

     

    He, however, made it clear that the government is committed towards providing subsidies to farmers and it will continue.

  • Agri Min urges progressive farmers to make farming profitable without subsidies

    Agriculture Minister Narendra Singh Tomar on Monday urged 'progressive' farmers to think of contributing to the country's farm GDP and set example by making farming profitable without depending on government subsidies.

     

    He, however, made it clear that the government is committed towards providing subsidies to farmers and it will continue.

  • CMERI coming up with new inventions to modernise agriculture

    Dr Shekhar C Mande, secretary, Department of Scientific and Industrial Research (DSIR), Government of India and Director General, CSIR visited Centre of Excellence in Farm Machinery (CoEFM), an extension centre of Central Mechanical Engineering Research Institute (CMERI) on Sunday. Various farm technologies in the field of agricultural machinery, residue management, precision agriculture, renewable energy, and oil expeller were demonstrated live in the field. 

  • Over 100 stakeholder consultations on proposed RCEP in last 6 years: Commerce ministry

    The commerce ministry on Saturday said over 100 stakeholder consultations have been held on the mega free trade agreement RCEP in the last 6 years.

     

    The Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement being negotiated by 16 countries.

     

  • Honey may turn sweeter for Indian exporters

    Honey may turn sweeter for Indian exporters in the current financial year owing to the ongoing trade war between the United States and China that may lead to a spurt in demand for the local produce. 

     

  • India-Peru: Fifth round of Trade Negotiations held in New Delhi

    India and Peru on Thursday had another next round of negotiations for proposed free-trade agreement (FTA), aimed at boosting two-way commerce and investments. This is the fifth round of negotiations.

     

    The previous round took place in the Lima, where the agenda for discussions included the market access for good, movement of professionals and procedures for customs.

  • A new foreign trade policy on the anvil: Official

    The Commerce Ministry will soon come out with a new foreign trade policy, which provides guidelines and incentives for increasing exports for the next five financial years 2020-25, an official said.

     

    The Ministry is giving final touches to the new policy as the validity for the old one will end on March 31, 2020.