India-Russia trade: Western exit creates space for Indian exporters; ITE Group CEO sees $100 bn goal

The withdrawal of several Western companies from the Russian market has created gaps across critical sectors, paving the way for Indian MSMEs and exporters to expand their footprint. Dmitry Zavgorodniy, Chief Executive Officer of Russian exhibition leader ITE Group, said Indian businesses are increasingly competitive and well-positioned to fill the demand, reported news agency ANI.ITE…

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Farm sector: Nitin Gadkari says sugar industry survives due to ethanol; calls for new technology in farming

Union minister Nitin Gadkari on Sunday said the sugar industry in India has managed to survive largely due to the advent of ethanol and stressed the need for adopting new technologies in farming.Speaking at an event organised by Naam Foundation in Pune, Gadkari said farmer suicides in Maharashtra’s Vidarbha and Marathwada regions were mainly linked…

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GST reforms: FM Nirmala Sitharaman hails tax cuts as a huge victory; rejects critics’ ‘Gabbar Singh Tax’ jibe

Union finance minister Nirmala Sitharaman speaking at a joint conclave of trade and industry associations in Chennai (Picture credit: PTI) Union finance minister Nirmala Sitharaman on Sunday described the latest Goods and Services Tax (GST) reforms as a huge victory for every Indian, saying they would ease the tax burden on citizens while giving a…

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