June 8, 2026
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New fund will work to help MSMEs: FM Sitharaman on 45-day payment rule

July 30, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : While talking about the central government’s controversial 45-day payment rule, Finance Minister Smt. Nirmala Sitharaman has said that new fund in collaboration with banks by the Centre in the Union Budget

Mundra Customs seizes Rs. 100 Cr worth illicit Narcotic Drug being exported to Africa

July 30, 2024 EXPORT, Customs, Trade, Trending News
AHMEDABAD : Based on intelligence gathered by SIIB (Special Intelligence & Investigation Branch) of Mundra Customs, two export consignments of a Rajkot based merchant exporter destined for West African countries of Sierra Leone and

Bangladeshi garment shippers experiencing delays must pay more as they resort to using air freight

July 30, 2024 EXPORT, AIR LOGISTICS, Logistics, Maritime, Trade, Trending News
DHAKA : Due to curfews that impeded maritime transport, Bangladeshi garment manufacturers are forced to use expensive airfreight to meet rising consumer demand. However, buyers are unwilling to absorb the increased expenses. Furthermore, sources

India has highest trade deficit with China but gap narrowing: Goyal

July 29, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : India has the highest trade deficit with China in goods but the gap expanded at a lower pace during 2014-15 to 2023-24 as compared to the previous 10 years, Commerce and

Nitin Gadkari stresses MSMEs’ role in innovation and economic growth

July 29, 2024 EXPORT, Technology, Trade, Trending News
NEW DELHI : At the Grand Finale of the HSBC presents CNBC-TV18 SME Champion Awards, Shri Nitin Gadkari, Minister of Road Transport & Highways, spoke about the pivotal role of Micro, Small, and Medium

Relief to producers and exporters: DGFT eases Export Promotion Capital Goods Scheme

July 29, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has introduced a series of significant amendments to the Export Promotion Capital Goods ( EPCG ) Scheme, as per Public Notice No. 15 dated

Indian textile exports rise on demand from CIS and South Asian markets

July 29, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Indian textile exports have increased 4.15% in the first quarter of the current fiscal year, driven by rising demand from Commonwealth of Independent States (CIS) and South Asian markets.  According to

Piyush Goyal chairs stakeholder interaction with Leather and Footwear Industry

July 26, 2024 EXPORT, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry Shri Piyush Goyal chaired a stakeholder interaction with the Leather and Footwear Industry yesterday here. The Minister encouraged the industry to aim for a bigger

Minister informed Lok Sabha on export of small products by MSMEs

July 26, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : MSME sector has a significant contribution in GDP, employment generation, manufacturing output, and exports in the country. The sector is manufacturing a large variety of products including small products. Product/sector wise

DGFT and DoR close to finalising framework for E-Commerce export hubs

July 25, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : Setting up of the proposed E-Commerce export hubs, highlighted in Union Budget 2024-25, is being expedited with the Directorate General of Foreign Trade (DGFT) and the Department of Revenue close to
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