 "Piyush Goyal urges increased use of made-in-India products to boost manufacturing, reduce imports, and support local industries.")
Piyush Goyal, the Union Minister of Commerce and Industry, emphasized the importance of using made-in-India products to enhance domestic manufacturing and reduce imports during the UP International Trade Show in Greater Noida. He highlighted that one of the 20 approved industrial townships is being developed in Greater Noida, with its first phase already sold out. ...
 "India extends anti-subsidy duty on Chinese pesticides to protect local industries from damaging subsidized imports. Trade tensions escalate.")
India has decided to extend the anti-subsidy duty on a Chinese pesticide chemical, Atrazine Technical, for an additional five years to protect local manufacturers. This move follows recommendations from the commerce ministry’s investigation body, DGTR, which found that the duty has supported Indian producers by allowing them to expand their operations. The new duty rates ...
 "Lulu Group plans to boost Indian agricultural imports to Rs 15,000 crore, emphasizing organic produce as expansion accelerates globally.")
Lulu Group, based in the UAE, is aiming to boost its Indian agricultural procurements to Rs 15,000 crore within the next two years as part of its global expansion. Chairman M A Yusuff Ali announced a special focus on organic products, targeting an initial value of Rs 2,000 crore, which could rise to Rs 4,000 ...
 "Trade Minister Piyush Goyal advocates for a border adjustment tax to protect India’s steel industry from predatory imports and boost production.")
Trade Minister Piyush Goyal recently proposed a border adjustment tax (BAT) to protect India’s steel industry from cheap imports. Speaking at a steel conclave, he emphasized the need for this tax to level the playing field, as Indian producers face higher costs due to local taxes. However, some experts suggest that BAT might only slightly ...
Stay updated with the latest happenings in the financial world with these 50 multiple-choice questions. Based on significant events and updates reported on May 19, 2024, this comprehensive quiz is perfect for those preparing for competitive exams or anyone keen on current affairs. Current Affairs Questions and Answers for Business category Q1: Which company announced ...
