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Business

India tightens bidding regulations for bordering countries

With an eye mainly on China, India has amended rules imposing restrictions on public procurement from bidders of countries with which it shares land border, citing grounds of defence and national security, reports our New Delhi correspondent.

Bidders from these countries will be eligible only if they are registered with the Registration Committee constituted by the Department for Promotion of Industry and Internal Trade (DPIIT) ….

Categories
Business

Exporters get yet another shot in the arm from govt

The government yesterday gave yet another stimulus package worth Tk 3,000 crore for the export-oriented industries to help them provide wages and salaries to their workers for July.

This is the third stimulus package for the export-oriented industries, which are now actively running their units, since March.