Industry demand amnesty scheme for customs settlement
NEW DELHI : Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We
Govt has strictly no plans to put MEP on all Agricultural commodities: Commerce Ministry
NEW DELHI : The government on Friday said there are “strictly” no plans to impose the minimum export price (MEP) on all agricultural products. Additional Secretary in the
Petronet LNG to set up LNG terminal on east coast of India
GOPALPUR : Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast
Rice exports impacted by problems in Red Sea: Commerce Minister Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Thursday said rice exports have been impacted by the problems in the Red Sea, though a clear picture will
Piyush Goyal releases ‘E-Commerce Exports handbook for MSMEs’
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal released the comprehensive“E-Commerce Exports Handbook for MSMEs” prepared by the Directorate General of Foreign Trade (DGFT)
India could settle Oman and UK FTAs in early 2024
NEW DELHI : India negotiated hard to secure crucial bilateral deals with key trading partners, throughout 2023. Experts believe the country could secure Foreign Trade Agreements (FTAs) with
Engineering exports to Russia rise 140% to $1 billion
NEW DELHI : Due to the payment system in Rupees, the export of engineering goods from India to Russia is increasing. According to available data, in the April-November
Basmati prices have fallen as a restive Red Sea hurts exports
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market,
H-Line Shipping receives 210,000 dwt LNG dual-fuel bulk carrier
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier, HL Hope, to H-Line Shipping. The HL
Container freight rates surge along India-Europe maritime route amid Red Sea risks
MUMBAI : Container freight rates along major trade routes between India and Europe have surged following the emergence of security risks to shipping companies. Sources said that the