January 1, 2026
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Union Govt approves continuation of export incentive scheme for apparel, garment till March 2026

February 2, 2024 EXPORT, Trade, Trending News
NEW DELHI : The government on Thursday approved the continuation of an export incentive scheme – RoSCTL – for apparel, garments and made-ups up to March 31, 2026. The Rebate of State and Central

India-Switzerland EFTA Trade Pact : Commerce Ministry

January 31, 2024 EXPORT, Economy, Trade, Trending News
MUMBAI : Commerce and Industry Minister Shri Piyush Goyal recently held a meeting with Swiss Federal Councillor Guy Parmelin in Mumbai, as India has sought investment commitments from Switzerland under the proposed Free Trade

Red Sea diversion sends shipping costs soaring for Bangladesh apparel exporters

January 31, 2024 International Shipping, EXPORT, Trade, Trending News
DHAKA : There’s been a more than 30 per cent increase in freight charges and an additional 15 days in sailing time due to ships rerouting away from the Red Sea. Media reports maintained

Finance Ministry reviews that there are Scopes to add more quality and complexity to India’s exports…

January 30, 2024 Trade, Economy, EXPORT, Trending News
NEW DELHI : There is scope to add more quality and complexity to India’s exports, given the existing capabilities, the Finance Ministry said in its economic review for January. It also said that despite subdued global trends

Electronics and engineering goods’ exports among six focus sectors for targeting $1 trillion

January 30, 2024 EXPORT, Trade, Trending News
NEW DELHI : India has identified electronics, engineering goods, textiles, marine & agriculture, toys and pharmaceuticals as the six sectors that could help the country achieve almost 70% of its $1-trillion goods export target by FY30.

Container freight rates out of India continue to soar amid Red Sea crisis

January 30, 2024 Logistics, EXPORT, International Shipping, Shipping, Shipping Line, Trade, Trending News
MUMBAI : The boost in container freight rates seen on trades out of India as a consequence of the Red Sea crisis has accelerated in recent weeks, according to the latest market analysis. On

FIEO’S Pre-Budget proposal for FY’ 2024-25 by FIEO President

January 29, 2024 EXPORT, Policy, Shipping Line, Trade, Trending News
NEW DELHI : FIEO President (OFFICIATE) Mr. Israr Ahmed has announced FIEO’s Pre- Budget proposal for the upcoming Union Budget 2024-25. 1. R&D Support key to sustained Exports growth: R&D is an integral part

CBIC celebrates International Customs Day-2024 with theme of ‘Customs engaging traditional and new p…

January 29, 2024 Customs, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday celebrated the International Customs Day- 2024 here. This year, the World Customs Organisation (WCO) has dedicated the International Customs Day

Government will soon come up with new MSME policy: Sridhar Babu

January 29, 2024 EXPORT, Trade, Trending News
TELENGANA : Minister for IT and Industries D. Sridhar Babu said the government would soon come up with a new MSME policy and will try to focus on integrating the growth of Social Entrepreneurship

Exports from SMP Kolkata facing several challenges due to surging freight rate, rice ban and also ge…

January 29, 2024 EXPORT, Global Trade, Ports, Shipping, Trending News
KOLKATA : Exports from SMP Kolkata (Kolkata Port), a Gateway to Eastern India, are facing several challenges including, geopolitical tension, a government-imposed rice export ban and skyrocketing ocean freight costs, which could lead to
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