June 8, 2026
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MSC announces update #4 on the Israel situation

November 18, 2023 International Shipping, Import, Shipping Line, Trade, Trending News
GENEVA : MSC continues to monitor and assess the developing situation in Israel to ensure the safety of its personnel and minimize disruption to customer supply chains. As announced in our previous update, MSC

Tata Steel CEO & MD T V Narendran concerns over India’s rising steel imports

November 8, 2023 Import, Business, Global Trade, Trade, Trending News
NEW DELHI : India being a net importer of steel is a matter of concern, Tata Steel CEO & MD T V Narendran said Tuesday. The government has assured of intervention, if the imports

US East Coast vs. West Coast: More imports shift back to Pacific ports

November 7, 2023 International Shipping, Foreign Ports, Import, Trending News
CALIFORNIA : In the perennial tug-of-war between West Coast and East Coast ports, the momentum has shifted yet again. Imports from Asia are starting to head back to America’s Pacific gateways. East and Gulf

CBIC issued circular regarding the revision of All Industry Rates (AIRs) of Duty Drawback

October 28, 2023 Customs, COMMERCE, EXPORT, Export - Import, Import, Trade, Trending News
NEW DELHI : The CBIC issued Circular No. 26/2023-Customs dated October 26, 2023, regarding the revision of All Industry Rates (AIRs) of Duty Drawback. These revisions were notified in Notification No. 77/2023-Customs (N.T.) dated October 20,

India’s imports of Saudi oil in September slump to a multi-year low

October 27, 2023 Fuel, Global Trade, Import, Trending News
NEW DELHI : India’s reliance on imported crude in the April-September period of the current financial year ending March rose to 87.8 per cent from 86.5 per cent in the corresponding period last year

DGFT operationalises its online authorisation system for import of laptops, computers 

October 23, 2023 DGFT, Business, COMMERCE, Import, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade has operationalised its fully-automated online authorisation system for imports of laptops, computers and tablets from Thursday as the transition from a free import regime to

DGFT; discontinuation of issuance of physical copy of Restricted Import Authorisation with effect from October 19, 2023

October 21, 2023 Import, Customs, DGFT, Trade, Trending News
NEW DELHI : The DGFT issued Trade Notice No. 31/2023-24 dated October 19, 2023 regarding the discontinuation of the Issuance of a Physical copy of Restricted Import Authorisation with effect from October 19, 2023. To further

US, Korea, China raise concerns on India’s laptop import restrictions

October 18, 2023 Import, Business, COMMERCE, Trade, Trending News
NEW DELHI : The US, China, Korea and Taiwan have raised concerns on India’s decision to impose import restrictions on laptops, and computers, in a meeting of the World Trade Organisation (WTO), an official

India won’t impose restrictions on laptop imports : Sunil Barthwal

October 14, 2023 Import, COMMERCE, Trade, Trending News
NEW DELHI : India will not impose restrictions on laptop imports, said Trade Secretary Sunil Barthwal while addressing a press conference on Friday. The government’s decision to roll back its earlier plan to impose restrictions on laptop imports comes after

DGFT puts new import registration regime in place for laptops, tablets from November 1

October 13, 2023 Import, Business, COMMERCE, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) is gearing up to activate its import management system for registration of laptops, computers, and tablets from November 1, as there may be no further
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