Latest news with #SureshKhanna
Time of India
9 hours ago
- Business
- Time of India
UP team extends invitation to Hanwha Grp to invest in state
1 2 3 Lucknow: A delegation led by finance minister Suresh Khanna is attending the ongoing World Expo 2025 in Osaka, Japan, to strengthen economic ties and attract global investments. On the second day, the delegation held detailed discussions with members of the Hanwha Group and invited them to invest in UP. The delegation also toured Hanwha Group's advanced manufacturing facilities in Wakayama, which produce high-quality steel, food products, and other industrial goods. Their engagement with Hanwha's leadership focused on deepening industrial partnerships and encouraging Japanese enterprises to explore UP's investment landscape. An official spokesperson said: "The finance minister extended a formal invitation to the Hanwha Group to establish manufacturing operations in UP. He highlighted the state's world-class infrastructure, investor-centric policies, and availability of a skilled, future-ready workforce. He also emphasised the importance of local employment generation and encouraged Hanwha to recruit talent from UP and contribute to ongoing skill development initiatives. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Up to 70% off | Shop Sale Libas Undo " Meanwhile, an EU delegation led by Vivian Loonela visited the UP Pavilion, exploring strategic partnerships to promote sustainable, experience-rich tourism across the state. As part of its global outreach, Invest UP has set up the UP Pavilion, which is witnessing enthusiastic footfall from investors and international delegates keen to explore the state's business-friendly environment, attractive incentive structures, and rapidly evolving industrial ecosystem, officials said. The spokesperson said that principal secretary, industries and infrastructure development, Alok Kumar assured full institutional support to Japanese investors and reaffirmed the state govt's commitment to facilitating investments in key sectors such as manufacturing, logistics, semiconductor and green energy. This outreach marks another milestone in UP's efforts to position itself as a globally competitive investment destination and strengthen industrial cooperation with Japan, officials said.
Time of India
a day ago
- Business
- Time of India
UP showcases investmentpotential at expo in Japan
Lucknow: A delegation from Uttar Pradesh, led by finance minister Suresh Khanna, is participating in the ongoing World Expo 2025 in Osaka, Japan, where it is showcasing the state as a preferred hub for investments, trade and tourism. Speaking at the UP Pavilion, Khanna highlighted UP's achievements and how it has positioned itself to attract both domestic and foreign investments. He emphasised the state's progress in the sectors of manufacturing, electronics, green hydrogen, renewable energy and tourism. He reaffirmed the state's commitment to strengthening partnership with Japan, referencing an earlier MoU signed between govt and Yamanashi Prefecture for collaboration in industry, tourism and vocational education. Among various visitors to the Pavilion was Yutaka Kaneko, the mayor of Sano City, Japan. He and members of the UP delegation engaged in discussions on investment opportunities and UP's progressive industrial ecosystem. Kaneko expressed interest in future cooperation with UP, further cementing Indo-Japan relations. A team from the German Pavilion also visited the UP Pavilion to explore possibilities of a student exchange programme with India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo Preliminary discussions were held with the Invest UP team, and contact details were exchanged to initiate future academic and cultural collaboration. "Thanks to the state's dynamic participation in the event, the India Trade Promotion Organisation felicitated the UP delegation, celebrating their impactful role in taking India's development story to the global stage. The presence of UP at World Expo 2025 reflects its growing stature as an engine of economic growth and innovation. Through strategic international partnerships, the Expo has served as a global stage for the state to articulate its vision of inclusive, sustainable and future-ready development," a govt spokesperson said. In addition to Khanna, the delegation from UP comprised Alok Kumar, principal secretary, infrastructure & industrial development, MSME & export promotion and NRI Affairs, Amit Singh, secretary to CM, and Vipin Kumar Jain, special secretary to CM.
Hans India
4 days ago
- Business
- Hans India
UP government mops up Rs 27,858 cr tax revenue
Lucknow: The Uttar Pradesh government has collected tax revenue of about 27,858 crore in the April-June quarter of 2025-2026 (Q1FY26). The collection of 27,858 crore corresponds to 62.8 per cent of the tax revenue target set at 44,356 crore for the first quarter, according to UP Finance Minister Suresh Khanna. Of the total collection, the share of GST and VAT stood at 20,798 crore and 7,060 crore, respectively. In addition to it, the UP excise department collected 14,229 crore in revenue, reaching almost 99 per cent of the 14,400 crore target. Khanna said the non-tax UP stamp and registration department collection during Q1 touched 8,353 crore, while the state transport department collected 2,914 crore. Similarly, the UP energy department earned 762 crore, while the land revenue stood at 72 crore. This has helped the total tax and non-tax revenue kitty of the state in Q1FY26 reach more than 54,000 crore. In the UP Budget 2025-2026, the Yogi government had estimated total receipts to be at 7.79 trillion, including revenue receipts of more than 6.62 trillion and capital receipts of 1.16 trillion. The share of tax revenue in revenue receipts for FY26 has been pegged at 5.5 trillion, including its tax revenue of 2.95 trillion and the state's share in central taxes at 2.55 trillion. Traditionally, the tax collections have gained pace in the successive quarters.
Time of India
5 days ago
- Business
- Time of India
UP to showcase investment, tourism potential in Japan
Lucknow: The UP govt is set to explore investment opportunities and promote tourism at the ongoing Osaka Expo 2025 in Japan. The Indian govt has allotted a window to UP from July 21 to Aug 1 at the Bharat Mandapam pavilion at the Expo to showcase its resources and potential. A four-member delegations will attend the Expo in two groups. The first group, headed by finance minister Suresh Khanna and accompanied by principal secretary Alok Kumar, secretary to the chief minister Amit Singh, and additional CEO of Invest UP Shashank Chaudhary, will visit the Expo from July 21-24. The second group will be led by cabinet minister for IT and electronics Sunil Kumar Sharma, along with principal secretary (planning) Alok Kumar and special secretary Bipin Jain, and will be in Osaka from July 28 to Aug 1, an official said. "The UP govt will try to seize this opportunity to present the state as a favourable investment destination and invite industries to set up operations in state," the official said, requesting anonymity. The state also aims to explore collaborations for UP-based companies, promote tourism, facilitate student exchange programmes with Japanese universities, and identify employment opportunities in Japan for UP's youth, the official added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why seniors are rushing to get this Internet box – here's why! Techno Mag Learn More Undo The Osaka World Expo 2025 began on April 13 in Yumeshima, an artificial island located on the waterfront in Osaka and will continue until Oct 13. This is the second time Osaka is hosting the event, the first being in 1970. The previous edition was held in Dubai in 2021. This year's Expo, themed 'Designing Future Society for Our Lives', revolves around three sub-themes: 'Saving Lives', 'Empowering Lives', and 'Connecting Lives'. It aims to foster a society aligned with the United Nations' Sustainable Development Goals (SDGs).
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Business Standard
10-07-2025
- Business
- Business Standard
Uttar Pradesh govt mops up nearly ₹27,858 crore tax revenue in Q1 FY26
Of the total collection, the share of goods and services tax (GST) and value added tax (VAT) stood at ₹20,798 crore and ₹7,060 crore, respectively Virendra Singh Rawat Lucknow Listen to This Article The Uttar Pradesh (UP) government has collected tax revenue of about ₹27,858 crore in the April-June quarter of 2025-26 (Q1FY26). The collection of ₹27,858 crore corresponds to 62.8 per cent of the tax revenue target set at ₹44,356 crore for the first quarter, according to UP Finance Minister Suresh Khanna. Of the total collection, the share of goods and services tax (GST) and value added tax (VAT) stood at ₹20,798 crore and ₹7,060 crore, respectively. In addition to it, the UP excise department collected ₹14,229 crore in revenue, reaching almost 99 per cent of the ₹14,400 crore target.
