DGFT reduces export obligation compliance
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has reduced the compliance requirements on the fulfilment of an export obligation, which aims to increase the ease of doing business. The DGFT has amended chapter
Consultations soon to draw roadmap for laptop import policy
NEW DELHI : The Ministry of Electronics and IT (MeitY) will soon start consultations with the industry to finalise the contours of the guidelines for the import management system for laptops and other IT
Progress on India-EU FTA ‘marginal’, Piyush Goyal points to ‘irrational standards’ set by bloc
NEW DELHI : Progress in negotiations between India and the European Union (EU) for a Free Trade Agreement (FTA) has been marginal, with “irrational standards” set by the multilateral bloc that are acting as
CMA CGM Group opens a new state-of-the-art inland depot in Mundra
MUNDRA : On October 10, 2024, Mr Atit Mahajan, Managing Director of CMA CGM India, along with Mr Jean Vanmalle, Vice President of CMA CGM Inland Services (CCIS), inaugurated the CMA CGM Group’s new
DGFT imposes import curbs on parts of pocket lighters with immediate effect
NEW DELHI : The Central Government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments
Asia-US container rates fall further; trend expected to continue post-ILA strike
HOUSTON : Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was averted at US Gulf and East Coast ports and as peak season
Ministry of Textiles celebrates ‘World Cotton Day’ 2024
NEW DELHI : The Union Minister of Textiles, Shri Giriraj Singh attended the celebration of World Cotton Day 2024 here . The Ministry of Textiles jointly hosted the conference with Confederation of Indian Textile
Registration certificate not mandatory for exporters seeking benefits: DGFT
NEW DELHI : The Commerce Ministry’s arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the