Sri Lanka on Friday urged India to remove trade barriers for better economic cooperation among South Asian nations, saying the move by the neighbouring country to restrict exports of onions has a massive impact on prices there.
Gujarat recently said new micro, small and medium enterprise (MSME) units will no longer be required to take various approvals to begin operations for the first three years.
Ahead of a crucial ministerial meeting of the Regional Comprehensive Economic Partnership (RCEP) in Bangkok next week, top Union Ministers including Amit Shah, Nirmala Sitharaman, and S. Jaishankar, held a meeting on Friday to discuss the proposed mega free-trade agreement, which is poised for conclusion at the ASEAN summit next month.
Exports of a range of fashion and textile products from the UK to the US will be hit with a 25 per cent tariff as part of the ongoing dispute between the US and the EU over subsidies granted to both Boeing and Airbus.
The Trade Ministry is working with a special task force to audit producers’ importer identification numbers (API-P) to verify the textile industry's import quantity and identify possible "import leaks", a top official said on Wednesday.
Finance Minister Nirmala Sitaraman is expected to inaugurate the National Tax Practitioners Day programme organised by Karnataka State Tax Practitioners’ Association (KSTPA), Bengaluru, and Dharwad District Tax Bar Association, in Dharwad on Saturday.