50% of exports to free ports examined physically

Customs need to fine tune its risk-based parameters for Risk Management System (RMS) to detect such cases By Sai Nikesh D Even as the Government of India (GoI) in its Union Budget 2015 announced strict and stringent measures to curb money laundering, sources said a surge in trade between India and the United Arab Emirates during … More 50% of exports to free ports examined physically

Telecom sector: Indigenous manufacturing key to ensure security

Speaking at the Make in India conclave, Rakesh Garg, Secretary, DoT, rasied concerns of Indian telecom sector saying that research is being done in India, but the Intellectual Property Rights are lying with foreign countries. He went on to say that even after manufacturing products locally, India is opting to buy the same from the … More Telecom sector: Indigenous manufacturing key to ensure security

India ramps up rare-earths production to meet Chinese challenge

In the wake of China’s growing global dominance over rare earth supplies, increasing supplies by India would be good news for countries like Japan, which have been trying to get rid of dependence on China for imports By Sai Nikesh D Several countries, including India, are beginning to tap into their rare earths reserves to … More India ramps up rare-earths production to meet Chinese challenge