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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
Steel prices in India have hit their lowest in five years, creating both opportunity and caution for MSMEs. As rates drop amid weaker demand and rising imports, smart procurement decisions become crucial. This blog explains what’s driving the fall, how it impacts tenders, logistics, and working capital, and the practical steps small manufacturers can take to stay cost-efficient and supply-ready before the next price rebound.
DDP or Delivery Duty Paid is a delivery agreement between buyers and sellers that holds the seller responsible for risks and costs of transportation until the buyer receives them. This is one of the incoterms used in reference to global trade.
When goods and commodities are transported from one location to another, there are risks of damage. This naturally leads to financial losses and poor reputation for logistics companies. This is why transit insurance is important to keep goods protected during road transportation. Here, we take a look at transit insurance...
In 2025, the nuances between tenders and procurement are more significant than ever for businesses aiming to streamline operations and achieve sustainable growth. While tenders focus on competitive bidding to secure specific contracts, procurement encompasses the broader scope of acquiring goods and services necessary for business operations. Understanding the unique roles and strategies behind these processes can be a game-changer for companies navigating modern markets.
Understanding value of supply ensures businesses avoid penalties, disputes, and compliance errors. This guide simplifies GST valuation rules with practical examples and step-by-step processes, helping you align with regulatory requirements.
The Goods Transport Agency (GTA) under the GST regime plays a pivotal role in facilitating the transportation of goods across India. It is a critical aspect of modern supply chain management, impacting businesses across various sectors.
Advance Ruling under GST is a powerful tool for businesses to gain clarity on tax liabilities, classification of goods and services, and ITC eligibility. It helps resolve ambiguities, ensure compliance, and prevent disputes with tax authorities.
Bitumen concrete forms the final wearing course on most highways, expressways, and airport pavements, directly influencing ride quality, durability, and...
Bitumen prices in India vary by grade, refinery, order quantity, and delivery location. Understanding these factors helps contractors estimate procurement...
Accurate bitumen estimation can save lakhs of rupees and prevent costly project delays. Learn how to calculate bitumen quantity for...
Bitumen is the binding material that holds asphalt pavements together and plays a vital role in modern road construction. This...
