Business and Economy

Engineering Sector Seeks greater Share in Africa Markets

Concerned over a sharp year-on-year fall of 9.25 per cent drop in engineering exports in June despite rupee depreciation by about same ratio in the last two months, the EEPC India (Formerly known as Engineering Exports Promotion Council) with support of the Commerce & External Affairs Ministries is seeking new markets in the African continent… Read More

Tags: AfricaBilateral tradeBusiness and EconomyChinaIndiaJuneMaruti SuzukiMumbai

DTAA with Monaco

NOTIFICATION NO. 43/2013 DATED 12/06/2013  SO 924(E) - Whereas an Agreement (hereinafter referred to as the said Agreement) between the Government of the Republic of India and the Government of the Principality of Monaco for the exchange of information relating to tax matters was signed at Monaco on the 31st day of July, 2012 ; And… Read More

Tags: Business and EconomyCollective investment schemeContractIndiaMonacoPublic companyRonaldoSecurities & Exchange Board of India

Forex Earnings from Tourism increases

Foreign Exchange Earnings from Tourism Increases by More than Nine Percent in May 2013  Foreign Tourist Arrivals also Goes up by Three Percent During the Month Foreign Exchange Earnings ( FEEs) from tourism increased by more than nine percent in May 2013 over May 2012.Foreign Tourist Arrivals ( FTAs) also went up by more than 3.2… Read More

Tags: Business and EconomyForeign Exchange EarningsJanuaryPercentageReserve Bank of IndiaRupeeTourism

Measures to promote the Gem and Jewellery sector

A token budget of Rs.1 crore has been provided in the budget of Department of Commerce during 2013-14 for the following projects of Gem & Jewellery Export Promotion Council: (i)        Convention Centre at Mumbai, (ii)       Gem & Jewellery Park at Mumbai, (iii)      Setting up of Common Facility Centers in Gujarat, (iv)      Setting up of Gem Bourse at Jaipur, (v)       Technology… Read More

Tags: Business and EconomyGem & Jewellery Export Promotion CouncilGovernment of IndiaGujaratIndiaJaipurJewelleryMumbai

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