Govt to handhold exporters for defending RoDTEP benefits
NEW DELHI : The government is working out a mechanism to help exporters handle the investigations by importing countries on support extended to them under the Remission of Duties and Taxes on Exported Products
Govt to focus attention for the promotion of India’s textiles exports: Textiles Secretary
NEW DELHI : The government will accord focused attention to promote India’s textiles exports, which declined for the second year in a row in 2023-24, Textiles Secretary Rachna Shah said. The government has set
Russian firms buy $4 billion worth of India-made arms, pay in Indian Rupee
MOSCOW/NEW DELHI : Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This
China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn
NEW DELHI : China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The
Panama Canal in talks with US LNG producers to increase transit
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover after a prolonged drought, the canal’s
Commerce Ministry is looking for a plan to diversify its export destinations
NEW DELHI : The Ministry of Commerce is working on a plan to diversify its export destinations, and ship goods such as electronics goods, drugs, engineering goods, and food products to new markets, as
India’s Technical Textiles market has huge potential backed by a significant growth rate of 10%: Textiles Secretary
NEW DELHI : The Ministry of Textiles in partnership with Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries’ Research Associations (ATIRA) organized a National Symposium on Advancements in Composites, Speciality Fibres and Chemicals
Investments surge on strong demand outlook for LNG bunkering
LONDON : Drewry projects more than 1,000 LNG-fuelled vessels to be in service by 2027. However, development of the bunkering infrastructure appears to be lagging in comparison to the growth in fleet as well