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Ahead of Budget 2026–27, industry is asking the government to focus on execution. With global uncertainty and a slowdown in domestic growth, businesses want results on manufacturing, infrastructure and MSME support rather than fresh promises. This sentiment comes through clearly in a pre-Budget survey released on January 15 by the Associated Chambers of Commerce and…
New Delhi: As India’s manufacturing ecosystem accelerates toward greater scale and sophistication, factories are increasingly turning to modern material-handling technologies to stay competitive. Manual load movement once the norm on most shop floors is no longer sufficient for today’s high-volume, fast-paced production demands. Manufacturers are now embracing advanced solutions such as Electric Overhead Travelling (EOT)…
New Delhi: Commerce and Industry Minister Piyush Goyal launched the Trade Intelligence & Analytics (TIA) Portal on Tuesday to open up new insights for exporters, importers, startups, and MSMEs, with additional trade data being made available to all stakeholders. Goyal said that smaller businesses, even in the remotest regions, will now have access to data…
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday chaired the third pre-Budget consultation with stakeholders from micro, small, and medium enterprises (MSMEs). The meeting was in connection with the forthcoming Union Budget 2026-27, according to a Finance Ministry statement. “Union Minister for Finance and Corporate Affairs @nsitharaman chairs the third Pre-Budget Consultation with the stakeholders…
Last Updated:September 03, 2025, 22:51 is PM Modi said that during his Independence Day speech, he had mentioned the government’s plans to bring “Next-Generation” reforms in the GST Prime Minister Narendra Modi (Image: PTI) Shortly after the GST Council announced new reforms on Wednesday, Prime Minister Narendra Modi hailed the changes, saying they will improve…
New Delhi: Prime Minister Narendra Modi on Friday outlined a detailed vision for reforms and achieving self-reliance – from transforming taxation to empowering small businesses and more. Addressing the nation from the Red Fort, PM Modi highlighted India’s journey of self-reliance and transformation, saying that over the past decade, India has been reforming, performing, and…
Budget 2025: The manufacturing sector players have widely praised the announcements made in the Union Budget 2025-26, stating that these proposals will drive innovation, job creation, and sustainability across various manufacturing industries. In her budget speech on Saturday, Finance Minister Nirmala Sitharaman announced the National Manufacturing Mission, which aims to support small, medium, and large…
Budget 2025: Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Lok Sabha, making it her eighth consecutive budget. Before her speech, the Cabinet, led by Prime Minister Narendra Modi, approved the budget. She focused on 10 key areas, including support for farmers, youth, women, and the poor. She also highlighted agriculture, MSMEs,…
New Delhi: Mild cuts in personal Income Tax rates to boost consumption and concessional Corporate Tax scheme for manufacturing hubs and FDIs to push the ‘Make in India’ strategy are likely in Budget 2025-26 with the government aiming to push economic growth, according to a private sector report. “Watch for higher customs duty on gold…
New Delhi: The Open Network for Digital Commerce (ONDC), which has the potential to create a market opportunity to the tune of Rs 3.75 lakh crore in additional gross merchandise value (GMV) in the next five years, is addressing the challenges of monopolistic practices and empowering smaller players, the government said on Saturday. ONDC has…