January 2, 2026
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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

TEA disappoints over Union Budget, await future announcements

July 25, 2024 EXPORT, COMMERCE, Trade, Trending News
TIRUPPUR/ERODE : The Tiruppur Exporters Association (TEA) expressed disappointment that some of its expectations were not addressed by Finance Minister Smt Nirmala Sitharaman, but hoped they would materialise it in the coming days. K

Budget will significantly enhance India’s shipping, cruise, shipbuilding, and ship repair indu…

July 24, 2024 Maritime, Cruise Tourism, EXPORT, Ports, Ship Building, Ship Repair, Shipmanagement, Shipping, Trade, Trending News
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal said the Budget is strongly grounded on the development of Garib, Mahilayen, Yuva and Annadata and provides the roadmap for renewed

Union Budget 2024-25 : FM announces to set up e-comm hubs to promote exports and establish 10-15 hub…

July 24, 2024 EXPORT, COMMERCE, Economy, Finance, Logistics, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman announced in her Union Budget 2024-25 speech on July 23 that, E-commerce export hubs will be set up in the country under a seamless regulatory and

Union Budget 2024-25: Reforms in Customs Duties will support domestic manufacturing and promote expo…

July 24, 2024 Customs, Economy, EXPORT, Finance, Trade, Trending News
NEW DELHI : The Budget proposals for Customs Duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers

Union Budget 2024: FM Sitharaman proposes eight new measures in support for promotion of MSMEs

July 24, 2024 EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : “This budget provides special attention to MSMEs and manufacturing, particularly labour-intensive manufacturing,” stated Union Minister for Finance and Corporate Affair Smt. Nirmala Sitharaman while presenting Union Budget 2024-25, in Parliament today.
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