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India crosses $1 trillion in FDI inflows
FDI equity inflows into the manufacturing sector during 2014–2024 surged to $165.1 billion, up 69% from the previous decade's $97.7 billion. Read more
India's exports set to exceed $800 billion this fiscal year: A Sakthivel
He highlighted that the establishment of 12 new industrial cities would further stimulate domestic manufacturing, while the success of the Production-Linked Incentive (PLI) scheme has bolstered the manufacturing sector. Read more
Andhra cabinet approves policy to boost drone manufacturing
The government has allocated Rs 5 billion to support the policy’s implementation.Read more
RAHSTA to submit policy recommendations to NHAI
RAHSTA to submit policy recommendations to NHAI for improving highways.Read more
IMS and its significance
With the implementation of the IMS, changes in GSTR-3B format can be expected. Read more
Telangana launches MSME policy to tackle gaps in TS-iPASS
Key features include the development of five new industrial parks dedicated to MSMEs, with one park exclusively for women-owned businesses and another for innovative startups. Read more
Bio-E3 policy to ignite bio-revolution in India; Jitendra Singh
The policy will also drive the creation of biotech hubs across India, facilitating collaboration between startups and established companies and bridging the gap between research and commercial manufacturing.Read more
Gadkari suggests vehicle scrapping to boost auto sales by 18-20%
Currently, India has 63 scrapping centers and 78 fitness centers, with plans for more.Read more
Centre plans vehicle scrappage policy based on pollution levels; Anurag Jain
Jain pointed out that a policy mandating scrappage after a certain number of years often raises questions from vehicle owners who maintain their vehicles well.Read more
GST Council introduces Reverse Charge Mechanism on metal scraps
Typically the seller charges the buyer for GST, but under the newly introduced RCM provision, the buyer will be responsible for paying the tax directly to the government. Read more