Increasing exports and reducing imports new ways ahead for patriotism : Nitin Gadkari
NEW DELHI : Increasing exports and reducing imports is the new way ahead for patriotism and “swadeshi”, and it will be a “new freedom” for India when not a drop of petrol or diesel
CBIC enabled the Gold Imports under India-UAE CEPA for valid TRQ Holders
NEW DELHI : The CBIC has issued Notification No. 66/2023 dated December 22, 2023, amending Notification No. 22/2022-Customs dated April 30, 2022. This amendment specifically pertains to facilitating gold imports under the India-UAE Comprehensive Economic Partnership
Red Sea crisis : Kanpur exporters hold back ₹100 crore-worth consignments
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance
Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to North America
HAMBURG : Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the United States and Canada West Coast effective 18 January 2024. Hapag-Lloyd
Transactions in rupee-mode not successful for payment of oil imports
NEW DELHI : India’s push for rupee to be used to pay for import of crude oil has not found any takers as suppliers have expressed concern on repatriation of funds and high transactional
Exports becoming less vulnerable to world demand changes : CEA
NEW DELHI : India’s Exports are becoming less vulnerable to changes in world demand and to changes in relative prices, the office of Chief Economic Adviser (CEA) said in a collection of essays named
India, Bangladesh agree to extend crucial Indo-Bangladesh Protocol route
NEW DELHI : India and Bangladesh have agreed to extend Indo-Bangladesh Protocol (IBP) route and declare Safardighi in West Bengal as the new port of call under Protocol on Inland Water Transit & Trade
Indian trade curbs to cut exports by $4 bln, Red Sea attacks a risk
NEW DELHI : India’s exports face a shortfall of about $4 billion to $5 billion this year after it clamped curbs on trade in wheat, rice and sugar, a person familiar with the matter