Colour TV import restrictions should apply to future goods: ICEA

After the government targeted China with a new import restrictions on colour television, mobile and electronics industry body India Cellular and Electronics Association (ICEA) on Friday demanded that these import restrictions should only apply for future imports after the clearance of goods in transits.

Steel industry will see shift in market share: JSW Steel

JSW Steel sees an opportunity as a market share shift takes place in the steel industry with the MSME and secondary producers not being able to ramp up in these challenging times.

Domestic CV industry volumes may contract by 25-28% in FY21: ICRA

The domestic commercial vehicle industry volumes are expected to contract further by 25-28 per cent in FY2021, rating agency ICRA said on Thursday.

How India’s Economy is Recovering from COVID-19: A Snapshot View

India's economic recovery is underway after withstanding some of the worst impacts of COVID-19, including extended nationwide lockdown.

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Karnataka’s New Industrial Policy for 2020-25: What Should India-Bound Foreign Investors Expect

Karnataka's new industrial policy will incentivize high-tech investments, jobs creation, and expand industrial and technology hubs beyond Bangalore.

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Sun Pharma's US arm Taro resolves anti-trust cases

Sun Pharmaceutical Industries on Friday said that its subsidiary Taro Pharmaceutical USA resolved all cases involving the company in connection with the multi-year investigations by the Department of Justice, Antitrust Division and Civil Division (DOJ) into the US generic pharmaceutical industry.

Due Diligence in India: What Foreign Companies Need to Know

Conducting thorough due diligence before doing business in India is advised for all foreign investors given the country's complex market and regulatory environment.

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India Discusses Preferential Trade Agreement with Southern African Customs Union

Indian and Southern African Customs Union trade officials have held online meetings to discuss a Preferential Trade Agreement, which if implemented, will reduce tariffs on various products.

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Assocham launches awareness programme for healthy living

Industry body Assocham on Friday announced the launch of a national health and wellness awareness programme "Illness to Wellness" to promote healthy living and preventive health through holistic measures.

India-EU Summit 2020: What Has Changed in Bilateral Ties and Can We Expect an FTA?

India and the European Union held their annual summit this week after a gap of two years and look to restart India-EU FTA talks in the coming months.

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India Extends Key Tax Deadlines Again for Businesses in 2020 due to COVID-19

India is extending dates for filing income tax returns and GST compliance procedures among measures to ease burden on businesses and entrepreneurs.

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US Businesses Increasingly Investing in India for Sourcing and Manufacturing in 2020

India’s electronics, IT, agritech, and pharmaceuticals sectors are big areas of interest for US investors.

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Coronavirus in India: Daily Updates and Business Advisory

Daily coronavirus updates in India and latest reported developments affecting the country's business landscape.

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Indian cotton industry body questions USDA's stock estimates

The Cotton Association of India (CAI) has objected the latest crop data, dated June 15, published by the US Department of Agriculture (USDA), showing an excessively high carry-over stock of Indian cotton at the end of July, which seems to have depressed the prices of Indian cotton globally.

Emirates lays off more pilots, cabin crew

Continuing the streamlining process of its workforce amid tough times for the aviation industry, Emirates Airlines has again laid off more employees, including pilots and cabin crew, sources said.

Non-life insurance sector posts 4.24% negative growth in Q1

The non-life insurance industry has logged a degrowth of 4.24 per cent during the first quarter of the current fiscal, said the sectoral regulator on Thursday.

Investing in India’s Healthcare Sector: New Opportunities, Regulation of Telemedicine

COVID-19 is reshaping India's healthcare landscape with various segments, including telehealth, nutrition, and hygiene primed for innovation and investment.

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JSW Group Chairman echoes 'Atmanirbhar Bharat'

Extending his support for procurement of domestic inputs for the steel industry, JSW Group Chairman Sajjan Jindal has said the industry cannot make money out of cheaper Chinese raw materials at a time when Indian soldiers are getting killed along the Line of Actual Control (LAC).

MSMEs in India: New Rules, Compliance Requirements from July 2020

India notified new investment and turnover criteria for enterprises to classify under the category of micro, small and medium enterprises (MSMEs).

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Developing Prospects for Growing Trade Between India and Brazil

In about ten years, India will be very important to Brazil as a major consumer of agricultural and food products – just as China is today.

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