News Buzz

Duty-free imports for EV batteries and mobiles to aid local industry

India has removed import duties on key raw materials for EV batteries and mobile phones to strengthen domestic manufacturing.

India-Singapore to develop Green and Digital Shipping corridor

India and Singapore have signed a Letter of Intent to establish a Green and Digital Shipping corridor, focusing on maritime digitalization and decarbonization.

Indian auto component industry explores new markets amid US tariff challenges

The Indian auto component industry is grappling with export challenges driven by US tariffs, sluggish demand in the Middle East.

Govt revises MSME classification criteria effective April 1

The government has updated the investment and turnover limits for MSME classification, set to take effect from April 1.

India’s financial system has grown more resilient and diverse

India's financial system has become more robust and varied, fueled by rapid economic growth and successfully navigating the challenges of the pandemic.

Govt to establish 100 NABL-accredited food testing labs

The Ministry of Food Processing Industries (MOFPI) will support the establishment of 100 new NABL-accredited food testing laboratories

Anti-dumping duties imposed on 5 Chinese imports

India has imposed anti-dumping duties on five Chinese products, including aluminium foil, to safeguard its domestic industries from the adverse effects of low-cost imports from the neighbouring country.

PLI scheme spurs ₹25,200 Cr investment, boosts exports and jobs

PLI schemes continue to attract strong industry interest, with 35 companies committing ₹25,200 crore in specialty steel alone.

South India drives bioeconomy with US$ 75.2 bn in 2024

South India has emerged as the powerhouse of India’s bioeconomy, contributing a significant $75.2 billion.

EVs to match petrol vehicle prices within six months: Gadkari

Union Minister Nitin Gadkari has announced that electric vehicles (EVs) in India will cost the same as petrol vehicles within six months, signaling a major breakthrough in the country’s green mobility push.

Load More

Subscribe To Newsletter

Stay ahead in the dynamic world of trade and commerce with India Business & Trade's weekly newsletter.