A high-level government panel in India is currently drafting a new regulatory framework to allow Special Economic Zone (SEZ) units easier access to the domestic tariff area (DTA). This initiative, which gained momentum throughout the current quarter, aims to revitalize the SEZ sector by removing long-standing trade barriers and aligning export-oriented units with the evolving…
India’s Wholesale Price Index (WPI) inflation surged to 8.30 percent in April, marking a significant jump from 3.88 percent in March. Data released by the Ministry of Commerce and Industry reveals this is the highest rate of wholesale inflation in 43 months, driven primarily by a sharp escalation in fuel, power, and crude petroleum costs….
A high-level government panel in India is currently finalizing a new regulatory framework designed to grant Special Economic Zone (SEZ) units greater access to the domestic market. This policy shift, spearheaded by the Ministry of Commerce and Industry, aims to integrate export-oriented units more seamlessly into the broader national economy by the end of the…
Union Commerce Minister Piyush Goyal announced this week that India expects to operationalize five new Free Trade Agreements (FTAs) within the next 12 months, marking a significant acceleration in the nation’s efforts to integrate deeper into the global economy. Speaking in New Delhi, Goyal outlined an ambitious roadmap to reach a $1 trillion export target…
