January 1, 2026
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Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due…

January 19, 2024 EXPORT, Global Trade, Shipping, Trending News
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should start

Commerce Minister urges industry to share NTB concerns in exports

January 18, 2024 EXPORT, Global Trade, Trade, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal has declared India’s intention to implement reciprocal non-tariff barriers (NTB) and encouraged the industry to abandon the subsidy mind-set. “I’ve categorically told other countries

Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters

January 18, 2024 EXPORT, COMMERCE, Economy, International Shipping, Trade, Trending News
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could

PLI Schemes witness exports surpassing Rs. 3.20 lakh crore, with significant contributions from Larg…

January 18, 2024 EXPORT, Trade, Trending News
NEW DELHI : Production Linked Incentive (PLI) Schemes witness over Rs. 1.03 lakh crore of investment till November 2023, which has led to production/ sales of Rs. 8.61 lakh crore and employment generation (direct

Union Commerce and Industry Minister Piyush Goyal announces commencement of work on Trade Connect eP…

January 17, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal chaired the second meeting of the reconstituted Board of Trade held at Bharat Mandapam,

India’s merchandise exports in December 2023 registered 0.96% growth at USD 38.45 Billion over USD 3…

January 17, 2024 EXPORT, Economy, Global Trade, Trade, Trending News
NEW DELHI : India’s overall exports (Merchandise and Services combined) in December 2023* is estimated to be USD 66.33 Billion, exhibiting a negative growth of (-) 4.25 per cent over December 2022. Overall imports

India sees December exports boost, but all eyes on Red Sea

January 17, 2024 EXPORT, Business, COMMERCE, Shipping, Trade, Trending News
NEW DELHI : Higher exports helped India’s merchandise trade deficit come in lower than expected at $19.8 billion in December, data showed on Monday, though officials signalled that the turmoil in the Red Sea

EEPC India suggests linking waterways with seaports at Board of Trade Meeting

January 17, 2024 EXPORT, Trade, Trending News
KOLKATA : EEPC India forwarded some proposals like-connecting waterways with sea ports, widening of steel at the Export Parity Price scheme, and inclusion of steel under the purview Remission of Duties and Taxes on

Consider giving refunds to exporters in cash for tax remission schemes : GTRI to Govt

January 17, 2024 EXPORT, Trade, Trending News
NEW DELHI : The government can consider giving refunds to exporters in cash instead of scrips for tax remission schemes, as it would immediately improve cash flow for them, Economic Think Tank GTRI said

Government looks at more secure new duty refund plan for exporters

January 16, 2024 EXPORT, Trade, Trending News
NEW DELHI : Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for Remission of Duties and Taxes on Exported Products (RoDTEP), attempting to
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