Market Access, Data Sharing, and FTA Discussed, ETCFO

New Delhi, India and the UAE have discussed issues related to market access, data sharing, allocation of gold import quota, and anti-dumping matters, services to boost economic ties, the commerce ministry said on Thursday. These issues were discussed during a meeting of the Joint Committee under the India-UAE CEPA (comprehensive economic partnership agreement). CEPA is a […]

India’s Auto and Pharma Sectors Alarmed by Mexico’s Proposed Tariff Hike, ETCFO

With exports of $887 million (₹7,900 crore) last fiscal year, Mexico is the third-largest destination for car exports from India, after South Africa and Saudi Arabia. New Delhi: India’s automobile manufacturers and auto component makers have conveyed their concerns to the government over Mexico’s plan to more than double tariffs on countries with which it does […]

UK Government Unveils Tax-Raising Budget Amid Economic Downturn: Key Details Inside, ETCFO

Britain’s centre-left Labour government unveiled a tax-raising budget Wednesday to curb debt and fund public services — and said the country would grow less than expected over the coming years. Ahead of the budget, Prime Minister Keir Starmer vowed to reduce National Health Service waiting times and ease a prolonged cost-of-living crisis, hoping to strengthen Labour’s […]

Cabinet likely to give nod to Rs 7,000 cr rare earths scheme: Report, ETCFO

The Union Cabinet is likely to clear an incentive scheme for rare earth permanent magnets and approve an outlay of around Rs 7,000 crore, ET Now reported Wednesday citing sources. The plan is expected to be taken up at the Cabinet meeting scheduled today. The rare earth scheme comes amid threats of export curbs from China, […]

Union Labour Secretary Vandana Gurnani, ETCFO

Under the Code on Wages, 2019, appointment letters are now mandatory, ensuring full transparency. Minimum wages have been universalised The new Labour Codes mark a “big, big improvement” for the country’s workforce by strengthening wage, social security and safety provisions, union labour secretary Vandana Gurnani said. In an interview to ET’s Yogima Seth Sharma and Deepshikha […]

Labour Code rollout set to add 77 lakh jobs, Rs 75,000 crore consumption boost: SBI Research, ETCFO

Labour Code rollout set to add 77 lakh jobs, Rs 75,000 crore consumption boost: SBI Research India’s implementation of the four comprehensive labour codes is expected to significantly accelerate formalisation, expand social-security coverage, reduce unemployment and lift consumption over the medium term, according to estimates based on Periodic Labour Force Survey (PLFS) data and SBI Research […]

Piyush Goyal Promotes Growth and Innovation in India’s Pharmaceutical Sector Amid Global Tariff Challenges, ETCFO

New Delhi [India], November 25 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, held an interaction with key stakeholders from India’s pharmaceutical ecosystem, focusing on strengthening industry growth and regulatory reforms. In a social media post on Monday, the minister stated that he had an engaging discussion with industry representatives aimed at enhancing India’s position […]