Chinese companies in trouble due to Trump tariffs have hope from India, exporters are offered to fulfill US orders

Trump

Some China-based companies, hit by heavy tariffs imposed by the US, are now approaching Indian exporters to fulfill orders for their American customers and retain their customers amid the global trade war. News agency Bloomberg gave this information in a report. At the ongoing Canton Fair (the world’s largest trade fair) in Guangzhou, several Indian … Read more

Private companies will build satellite-bus platform

satellite-bus

The way is open for private companies to design and develop satellite-bus platforms in the country. This will greatly help in reducing dependence on imports. Space regulator Indian National Space Promotion and Authorization Center (IN-Space) said in a statement that the new initiative, called Satellite Bus as a Service, aims to help private companies working … Read more

India Emerges as Growth Engine for MNCs, Boosts Contribution to Global Volume Growth 8-Fold

MNCs

India’s contribution to the global volume growth of consumer products is tremendous. Its contribution to growth during the last five years (2019 to 2024) has increased the volume share by 2 to 8 times compared to the previous year in various categories. This has made India a strong growth engine for major consumer goods multinational … Read more

Amazon to Google, SaaS companies in India worried about the tax burden

income tax

Many foreign companies providing Software as a Service (SaaS) products like Amazon, Microsoft, Google, Oracle, IBM, and Salesforce have received a new notice of tax demand from the Income Tax Department for the financial years 2021-22 and 2022-23. According to sources, the tax department has issued assessment orders to these companies. Under this, the income … Read more