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Five-yr extension expected for export credit scheme
India is expected to extend a key support scheme for export credit to boost its export sector, which has been...
Read MorePiyush Goyal to meet exporters Thursday
India’s goods exports in FY24 were $437.1 billion and imports were $675.4 billion. The ministry has been developing standard operating...
Read MoreIndia buys record amount of sunflower oil as Ukraine-Russia fight for market share cuts price
Indian buyers purchased a record 500,000 metric tons of sunflower oil in June due to competitive pricing against soyoil and...
Read MoreCII calls for review of trade ties with China
The CII called for a review of trade ties with China due to the country’s reliance on electronics components imports,...
Read MoreIndia’s May oil imports: Russia at record high, Saudi lowest in 10-month
India’s oil imports from Russia hit a record high of 2.1 million bpd in May as discounts widened due to...
Read MoreDGFT implements automated system for adhoc input-output norms fixation
The Directorate General of Foreign Trade (DGFT) has introduced a new automated system to establish adhoc input-output norms, aimed at...
Read MoreEU’s proposed sustainability standards to hurt Indian exports: GTRI
EU’s ESPR regulation, criticized by GTRI, may raise costs and impact exports from developing nations due to stringent sustainability standards...
Read MoreGovernment proposes export obligation period review for certain sectors
India allows duty free import of inputs used for manufacturing for exports subject in advance authorisation to export obligation period...
Read MoreIndia, EU fail to reach accord on steel at WTO
India and the European Union failed to reach an agreement at the WTO on concessions related to safeguard measures on...
Read MoreRed Sea crisis makes Zara and others hop on to belly space of passenger aircraft
Tensions in the Red Sea region prompt US and Europe-bound exporters to shift to air transport via Gulf nations. Major...
Read MoreGovt steps help boost toy exports, manufacturing; more work needed: DPIIT Secretary
In the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for...
Read MoreIndian traders demand resumption of border trade with China through Lipulekh pass
Indian traders have been engaging in border trade with China through the Lipulekh pass in Pithoragarh district since 1992. They...
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