April 8, 2026
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India executes first Rs 1 crore pulses export to Myanmar under Rupee-Kyat Trade Settlement Mechanism

July 3, 2024 EXPORT, COMMERCE, Global Trade, Trade, Trending News
YANGON : The first transaction of over Rs 1 crore pulses export to Myanmar from India was successfully executed under the Rupee-Kyat Trade settlement mechanism on Tuesday, a move which will boost bilateral trade

FSSAI cancels manufacturing licences of 111 spice firms

July 2, 2024 Trade, Business, COMMERCE, EXPORT, Trending News
NEW DELHI : India’s top food regulator has cancelled the manufacturing licences of 111 spice makers since last month, asking them to stop production with immediate effect, according to two officials aware of the

SBI unveils digital loan solution, ‘MSME Sahaj – End to End Digital Invoice Financing’

July 2, 2024 EXPORT, Business, Digitalisation, Economy, Finance, Trade, Trending News
MUMBAI : Lender State Bank of India (SBI) has unveiled a web-based digital business loans solution for MSMEs’ Invoice Financing, aimed at facilitating MSME loans with a fast turn-around-time. The solution, named “MSME Sahaj

India’s LNG terminals run at less than half capacity, petroleum and natural gas regulator proposes new rules

July 2, 2024 LNG, Terminal, Trending News
NEW DELHI : India’s petroleum and natural gas regulator proposed new rules to address the persistent issue of LNG capacity underutilization and bring greater transparency. India’s Petroleum and Natural Gas Regulatory Board (PNGRB) released

Confident of over $800 billion exports in goods and services this year : Piyush Goyal

July 1, 2024 EXPORT, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s goods and services exports are expected to cross USD 800 billion this fiscal despite global challenges, Commerce and Industry Minister Shri Piyush Goyal said on Saturday. How much did India

Balmer Lawrie launches ‘Port Link Express’ export train between Haldia-Kolkata

July 1, 2024 Logistics, Company, EXPORT, Ports, Rail Freight, Railway, Trending News
KOLKATA : In a notable advancement for trade logistics, the inaugural ‘Port Link Express’ export train—a groundbreaking cost-effective and eco-friendly land bridge initiative—embarked for Haldia from the Balmer Lawrie Container Freight Station (CFS). This

Daikin aims to turn India into global exports hub by 2030

July 1, 2024 EXPORT, Business, Company, Global Trade, Trade, Trending News
GURGAON : Daikin Airconditioning India, the local subsidiary of the Japanese cooling major Daikin Industries, is gearing up to boost its operations rapidly over the next few years. The global management, in concert with

Piyush Goyal helds interaction with Export Promotion Councils & Industry Associations

June 29, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry Sri Piyush Goyal held an engaging interaction with Export Promotion Councils & Industry Associations. The discussion was about the strategies to enhance global market outreach,

Interest Equalisation Scheme for exporters extended for 2 months ; FIEO disappointed

June 29, 2024 EXPORT, Economy, Trade, Trending News
NEW DELHI : The Commerce Ministry on Friday extended pre and post-shipment rupee export credit till August under the Interest Equalisation Scheme (IES) for Micro, Small & Medium Enterprises (MSME) exporters. A notification released

Container freight rates out of India on major trades see gains as capacity tightens

June 29, 2024 EXPORT, Shipping, Trade, Trending News
NEW DELHI : Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an analysis of market data for June.
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