26
Sunday
March 2023
6:32 PM IST
News Headlines
Selena Gomez sets record straight on her relationship status amid dating rumours        SC refuses to entertain plea challenging caste-based census in Bihar        Bangladesh police arrest six persons for selling fraud US visa stamps        Mumbai City FC on course to becoming ISL ‘Invincibles’        One held in Swati Maliwal case: Delhi Police        Congress takes dig at Modi over unemployment        Equalize        Mumbai City FC win 4-0 as Bengaluru FC’s misery deepens        Australia thrash undermanned England in first ODI        AIBEA decides to go ahead with Nov 19 bank strike, discussions with IBA & Managements fail        Erdogan announces extension of grain deal by 120 days        Musk hints at new chief for Twitter        PM to deliver opening address at 'No Money for Terror' event        Transparency, accountability are essence of governance in parliamentary democracy: Birla        Rajiv Gandhi assassination: Centre moves SC seeking review of its order on per-mature release of six convicts        Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit        Rahul says only Congress can protect Constitution which is under constant attack from BJP        Centre misuses offices of Governors: Sitaram Yechury        Pollard announces IPL retirement, appointed as MI's batting coach        Twitter very slow in India: Elon Musk        
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Business News
Quality & Export define India and its Economy : Piyush Goyal
 
Hyderabad: Quality and exports will define new India and its economy ” said Piyush Goyal, Union Minister for commerce & Industry here on Friday.

In an interactive meeting with the trade and industry leaders on Enhancing Global Opportunities for Indian Manufacturers organized by FTCCI here, Goyal said that we are moving towards a quality based economy like developed countries. Quality should be our fundamental principle . Quality gives us the highest return with lowest cost.

Today 90 per cent of gold sold in India is hallmarked and future of India is to produce and demand quality products, he said while addressing issues on Pharma , Gold & Gems, Plastic and granite industry.

“I am happy to be in Hyderabad and Telangana which gave India the first indigenous vaccine for Covid, Covaxine and also proud to share that my family and myself were vaccinated with Covaxine”, he said.

As part of atma nirbhar bharat, our duty is to make, make in India successful, he said as recently shared by Prime Minister Narendra Modi , I request all Indians to spend at least 5 percent of their travel budget to but local goods and encourage our artisans ” Goyal added

FTCCI President Anil Agarwal said that we commend the efforts of the government for unveiling a $27 billion worth PLI scheme for 13 sectors to help integrate Indian companies into the global value chains and tap into the opportunity.

The PM Gati Shakti - National Master Plan (NMP) which brings together 16 ministries to enable integrated planning and coordinated implementation of infrastructural connectivity will surely boost trade and commerce by lowering logistics costs significantly, he said.

The reduction of corporate tax rate for new manufacturing to 15 per cent attracts investors from domestic as well as international players, he said.

We thank the Minister for addressing most of the issues and following up with concerned departments for taking necessary action, he added.

Mr Srinivas Garimella, Chair Industrial Development Committee FTCCI, requested the minister among others things to consider include Pharma Sector in the RoDTEP ( Remission of Duties and Taxes on Exported products); Consider anti-dumping duty on imports of synthetic yarn from SAFTA countries ; Either remove export duty on Non-Basmati rice or have a threshold limit based on price rather than on category and Mini PLI schemes to MSMEs ( for medium / Small).


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Sitharaman meets Japanese counterpart, discusses Indo-Pacific economic cooperation
Dhoni launches Droni, a Made-In-India camera drone
Ecosac launches biodegradable consumer products ‘Ecopath’
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World Bank slashes India's FY23 GDP growth forecast to 6.5 pc
GST collection Rs 1.48 lakh cr in Sep
KERALA NEWS
Top police official held in gang rape case
 Kozhikode: Police on Sunday arrested a Circle Inspector (station house officer) attached in Beypore  
Rain likely to occur many places in Kerala
Two killed as car plunged into well
Kerala CM greet Oommen Chandy on his 79th birthday
INTERNATIONAL NEWS
Bangladesh police arrest six persons for selling fraud US visa stamps
 Dhaka: Bangladesh police have arrested six persons who were selling fraudulent entry and exit stamps
Erdogan announces extension of grain deal by 120 days
Musk hints at new chief for Twitter
Modi interacts with Biden, Sunak and Macron on sidelines of G20 summit
NATIONAL NEWS
One held in Swati Maliwal case: Delhi Police
 New Delhi: A case has been filed at Kotla Mubarakpur Police Station and one person apprehended on th
PM to deliver opening address at 'No Money for Terror' event
Transparency, accountability are essence of governance in parliamentary democracy: Birla
Rahul says only Congress can protect Constitution which is under constant attack from BJP
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