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New Delhi, September 6 Union Electronics and IT Minister Ashwini Vaishnaw has announced that a telecom system using only domestically-produced chips has received certification from the Telecommunication Engineering Centre (TEC). The minister praised the development on X social media platform, describing it as a “big leap” for the country’s semiconductor industry. The minister wrote on […]

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Chandigarh, September 5 The Confederation of Indian Industry (CII) Northern Region has welcomed the Union Government’s announcement of Next-Gen GST reforms, calling them a landmark step that will simplify compliance, strengthen competitiveness, and drive growth across critical sectors. Anjali Singh, Chairperson of CII Northern Region and Executive Chairperson of ANAND Group, said the reforms would […]

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New Delhi, September 5 The next-generation GST reforms are a historic leap forward for India’s textile sector, serving as a catalyst for the country’s march towards becoming a $350 billion textile economy by 2030, according to the government. The Ministry of Textiles has reaffirmed its commitment to work hand-in-hand with industry stakeholders, exporters, artisans, and […]

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New Delhi, September 5 The ‘SEMICON India 2025’ event brought together global industry leaders, policymakers, academia, companies and startups — fostering investment, dialogue, and strategic partnerships, according to the government. The three-day conference served as a catalyst in advancing India’s semiconductor ambitions by enabling cross-border collaboration, commercialisation of research, skill development, and integration into the […]

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New Delhi, September 5 In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value. […]

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New Delhi, September 5 In a significant step, Bank of Baroda, one of India’s leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as ‘fraud’, according to an exchange filing. This classification pertains to loans taken before RCom entered the corporate insolvency resolution process […]

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