February 28, 2026
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India’s first E-Commerce Export Hub to launch by March : DGFT

January 16, 2025 EXPORT, COMMERCE, Economy, Logistics, Logistics hub, Trending News, Warehousing
NEW DELHI : India’s first E-Commerce Export Hub is set to start operations by March 2025, revealed Santosh Kumar Sarangi, Director General of Foreign Trade (DGFT). The pilot launch for these hubs has been

India’s Trade deficit shrinks to $21.94 Billion in December

January 16, 2025 Export - Import, Global Trade, Trade, Trending News
NEW DELHI : India’s trade deficit dropped to $21.94 billion in December, improving from November’s $32.84 billion, driven by higher exports and lower imports. Merchandise exports rose to $38.01 billion in December from $32.11

Minister of Textiles inaugurates India Pavilion at Heimtextil 2025, Frankfurt

January 16, 2025 EXPORT, Economy, Global Trade, Trade, Trending News
FRANKFURT : India showcased its growing strength in the textile industry as the Hon’ble Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, held at Messe Frankfurt. With the largest country participation at

Major drivers of merchandise exports growth in December 2024 include Electronic Goods, Engineering Goods, Rice, RMG of all Textiles and Cotton Yarn

January 16, 2025 Export - Import, Business, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : India’s total exports (Merchandise and Services combined) for December 2024* is estimated at USD 70.67 Billion, registering a positive growth of 0.92 percent vis-à-vis December 2023.Total imports (Merchandise and Services combined)

Budget 2025: Trade think tank GTRI bats for cut in average import tariff to 10%

January 15, 2025 Import, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Global Trade Research Initiative (GTRI) proposed six reforms for Budget 2025-26 to boost India’s trade and manufacturing. The proposals include reducing the average import tariffs to around 10 percent to

Comm Min may seek 5 year extension of interest equalisation scheme for exporters

January 15, 2025 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The Commerce Ministry is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments,

DGFT updates export policy for every product to promote ease of doing biz

January 15, 2025 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The Commerce Ministry‘s arm DGFT on Monday updated the export policy for all products, specifying detailed conditions for each item to enhance the ease of doing business in the country. Earlier

Malaysia clamps anti-dumping duties on iron and steel from four nations

January 15, 2025 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
KUALA LUMPUR : Malaysia has imposed provisional anti-dumping duties on some exports of flat-rolled iron products or non-alloy steel from China, India, Japan and South Korea, the trade ministry said. The duties, which take

Suraj Forwarders honored as ‘Best Logistics Service Provider’ at Western India Exim Awards 2024

January 13, 2025 Export - Import, Logistics, Trade, Trending News
AHMEDABAD : Suraj Forwarders Pvt Ltd is proud to announce that it has been awarded the prestigious Best Logistics Service Provider Award at the Western India Exim Awards 2024, organized by EXIM Club. The

Indian Railways collaborates with RKFL and TWL to reduce reliance on China

January 13, 2025 Import, Railway, Trade, Trending News
NEW DELHI : Indian Railways, which is mainly dependent on China for its forged wheel requirements, has collaborated with an Indian firm to reduce imports, officials said. According to Railways, it has been importing
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