Commerce Division gathers inputs for Funds 2025-26

The Commerce Division has begun consultations with business gamers for Funds 2025-26, searching for solutions associated to customs duties, different levies and providers resembling banking and credit score that might enhance the profitability and competitiveness of home producers and exporters, sources mentioned. “The Commerce Division has already began reaching out to varied industrial our bodies … Read more

India’s buy of silver dropped 38% in 2023, says Silver Institute

India’s bodily funding in silver dropped by a whopping 38 per cent in 2023, whilst demand for silver jewelry and wares too declined, the Silver Institute’s “World Silver Survey 2024” has mentioned.  In consequence, silver imports plunged by 63 per cent to a two-year low of 111.7 million ounces in 2023. Nevertheless, buying and selling … Read more

AIRIA urges Centre to vary imported obligation construction for rubber items

The All India Rubber Industries Affiliation (AIRIA), an organisation comprising over 1,400 small and micro industries, has urged the Centre to extend the Customs obligation on imports of completed rubber items as it’s decrease than levy on pure rubber shipments into the nation, mentioned AIRIA President Shashi Singh.  Presently, the import obligation on pure rubber … Read more