Wednesday, Dec 6 2023 | Time 17:23 Hrs(IST)
Business Economy

Govt announces extension of foreign trade policy for another 6 months

New Delhi, Sep 26 (UNI) Central government on Monday announced an extension of foreign trade policy (2015-20) for another six months till March 2023.
A statement from the Ministry of Commerce said the government had received requests from Export Promotion Councils and leading exporters that it should continue with current Foreign Trade Policy (2015-20), which had been extended from time to time.
''In recent days, exporters and industry bodies have strongly urged the government that in view of the prevailing, volatile global economic and geo-political situation, it would be advisable to extend the current policy for some time, and undertake more consultations before coming out with the new policy. The government has always involved all stakeholders in formulating policy. In view of this, it has been decided to extend the Foreign Trade Policy 2015-20, valid till Sept 30, 2022 for a further period of six months with effect from October 1, 2022,'' the statement added.
More News

Liquor industry body urges Bihar govt to lift prohibition

06 Dec 2023 | 4:58 PM

New Delhi, Dec 6 (UNI) The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the Bihar government to end liquor ban in the state claiming that the move would boost state economy, end unlawful trade of poor quality alcohol, and avert hooch tragedies.

see more..

Scania partners with PPS Motors to strengthen in mining sector

06 Dec 2023 | 4:14 PM

Hyderabad, Dec 6 (UNI) Scania Commercial Vehicles Private Limited on Wednesday announced its exclusive partnership with Hyderabad-based PPS Motors, designating them as the sole representative for Scania's mining tippers in India.

see more..

Waters Corporation opens $16M GCC in Bengaluru

06 Dec 2023 | 4:07 PM

Bengaluru, Dec 6 (UNI) Waters Corporation inaugurated its $16M new Global Capability Center (GCC), a strategic investment to accelerate technology adoption, innovation, digital transformation, and business efficiencies through a concentrated hub of talent that will operate across the Waters global enterprise.

see more..

Sensex closes at 69,653 73 pts

06 Dec 2023 | 4:06 PM

Mumbai, Dec 6 (UNI) Extending rally for the third straight session on Wednesday, the BSE Sensex ended at a new peak at 69,653.73, up 357.59 pts following gains in Power, Utilities, Oil and Gas and IT stocks.

see more..

UST recognized by Business Culture Awards for fourth Consecutive Year

06 Dec 2023 | 3:44 PM

Thiruvananthapuram, Dec 6 (UNI) UST, a leading digital transformation solutions company, was recognised for the fourth consecutive year at the prestigious 2023 Business Culture Awards (BCA), winning recognition for its commitment to fostering a culture of excellence and sustainability.

see more..