Latest News

The Indian govt might consider permitting certain Chinese investments in India, with each venture evaluated based on its individual merit The Government Said the Indian Partner Must Hold a Controlling Majority Stake in The Joint Venture India appears to be considering the possibility of permitting Chinese electronics firms to invest in the country on a …

India may permit Chinese electronic firms to invest on a select basis Read More »

In Beijing, Chinese MFA spokesperson “notes” comments, says sound, stable India-China ties are in region’s interest’; PM’s remarks come as China strengthens ties with other nations; contrasts tough talk from Cabinet Ministers April 11, 2024 07:56 pm | Updated 08:53 pm IST – NEW DELHI/BEIJING Prime Minister Narendra Modi’s comments about tensions at the Line of …

PM Modi’s comments on China ‘highly significant’, denote readiness for post-poll re-engagement, say experts Read More »

Purchasers and exhibitors crowd the exhibition venue of the 135th phase of the Canton Fair in Guangzhou, South China’s Guangdong Province, on April 15, 2024. Over 60,000 global purchasers showed up on the first day of the fair. Photo: VCG The 135th China Import and Export Fair (Canton Fair) concluded its first phase of the …

Canton Fair ends first phase with strong results, as back-to-back expos show China’s continuous opening-up Read More »

smoothening of the train operations and improved punctuality as well as wagon turnaround time They will facilitate reduction of congestion and increase in rail traffic The projects will generate direct employment for about 3 (Three) crore man-days during construction Financial outgo of the projects will be Rs 12,343 crore (approx.) with likely completion by 2029-30 …

Cabinet approves 6 multi tracking projects across Indian Railways: To facilitate ease of travelling, minimize logistics cost, reduce oil imports and lower CO2 emissions Read More »

Department for Promotion of Industry and Internal Trade (DPIIT) is the Nodal Department for coordinating the initiatives under Ease of Doing Business(EoDB) which are aimed at creating a conducive business environment in India. Series of steps have been taken to enhance EoDB in India by Ministries/ Departments and States/Union Territories (UTs).These include: Reducing Compliance Burden …

DPIIT coordinates initiatives for Ease of Doing Business creating a conducive business environment Read More »

At Chinese New Year event, Chinese acting Ambassador hopes for resumption of travel links  Ma Jia, Chargé d’Affaires a.i. of Chinese Embassy in India India and China trade reached record levels in 2023, said the Chinese envoy to India, indicating that bilateral trade had surpassed 2022 figures despite a slowdown mid-year. Speaking at an event …

India-China bilateral trade hit a new record in 2023: Envoy Read More »

Two-way trade has exceeded $50 billion, driven largely by India’s purchases of Russian oil since the start of the Ukraine conflict in 2022 India and Russia are focused on diversifying bilateral trade to address “huge” imbalances even as Moscow works to attract more Indian firms and investments, Russian ambassador Denis Alipov said on Monday. Denis …

India, Russia focused on diversifying bilateral trade: Russian ambassador Read More »

According to separate notifications of the Central Board of Indirect Taxes and Customs (CBIC) issued last month, the duties have been imposed on gypsum board/tiles with lamination at least on one side. The anti-dumping duties imposed under these notifications will be levied for five years unless revoked, superseded or amended, according to the notifications. India …

India imposes anti-dumping duty on 3 Chinese products for 5 years Read More »

High e-way bill generation usually indicates high collections of Goods and Services Tax (GST) in the following month In October, e-way bills reached a historic high of over 100 million due to heightened festive demand for goods. In December, central and state governments collected INR1.65 trillion in GST revenue. This increase was attributed to businesses …

E-way bills increase in December at 95 million Read More »

The dedicated ecommerce export hubs will have warehousing facilities for easy storage, customs clearance, returns processing, labelling, testing and repackaging. The move is expected to aid sellers relying on online platforms, including social media such as Instagram, to sell their merchandise. India is looking to create a green channel for ecommerce exports on the lines …

Green channel based on China model likely to speed up ecommerce shipments Read More »