News

Leather exports continue to fall

Chennai: Leather exports are still on the downward trend, with data from the Council for Leather Exports (for 2016-17 until February) showing a negative growth of 4.12 per cent for overall leather exports. In absolute numbers, the total exports during FY16 for the same period was at $5396.7 milli…

For IT industry, GST roll-out a $1 b business

The Indian IT industry is chasing a $1 billion opportunity with the advent of the GST regime, at a time when the sector is going through a bad patch with a slowing demand environment. Industry observers feel that the GST roll-out will provide the sector an opportunity akin to the Y2K phenomenon, …

Rupee volatility threatens Bengal’s engineering exports

With increasing volatility in Rupee and strengthening of steel price, engineering exports from West Bengal face threats that may have fallout on thousands of local employment. “Rupee getting stronger day by day and steel prices rising since protections, both hurting engineering exports and …

DIPP & WIPO to set up tech & innovation centres for IP generation

New Delhi: Industrial promotion body DIPP and the World Intellectual Property Organisation (WIPO) have joined hands to establish Technology and Innovation Support Centres in the country which is expected to boost generation and commercialisation of intellectual properties. The agreement, signed b…

How to uncomplicate your small business digital marketing strategies

Does your business get enough leads every month? Are you spending too much time and money on marketing? Getting more leads is often the number one wish-list item of a small business and those with an effective online presence find new ways to gain access to a new customer base. The ambit for digi…

Mid-term foreign trade policy to be out before GST roll out: Sitharaman

New Delhi: Commerce Minister Nirmala Sitharaman has said the revised mid-term foreign trade policy (FTP) is to be announced few days ahead of July 1, the scheduled date for the Goods and Services Tax roll out. After holding a meeting with various stakeholders, including exporters as part mid-term…