GJEPC asks Govt to allow diamond rough sale through SNZ and reduce import duty to 2.5%
MUMBAI : The Gem & Jewellery Export Promotion Council (GJEPC) has requested the Union Government to consider the introduction of the safe harbour rule for the sale of rough diamonds through Special Notified Zones
2nd Edition of Sourcex India 2024 concluded marking a significant milestone promoting manufacturing and exports: FIEO
NEW DELHI : The 2nd Edition of Sourcex India (Jan 17-19) 2024, concluded on Friday at Pragati Maidan, here, marking a significant milestone in Government of India’s efforts in not only promoting manufacturing and
Ministry of Textiles approves 11 R&D projects valuing INR 103 Crores across different areas of Technical Textiles
NEW DELHI : The Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal, while chairing the 8th Meeting of the Mission Steering Group (MSG) of National
Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due to jumping freight rates
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters while suggesting the government should start
Commerce Minister urges industry to share NTB concerns in exports
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal has declared India’s intention to implement reciprocal non-tariff barriers (NTB) and encouraged the industry to abandon the subsidy mind-set. “I’ve categorically told other countries
Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could
Hapag-Lloyd and Maersk are entering into an operational cooperation
HAMBURG : Hapag-Lloyd AG and Maersk A/S, an entity under A.P. Moller – Maersk, have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The
PLI Schemes witness exports surpassing Rs. 3.20 lakh crore, with significant contributions from Large-Scale Electronics Manufacturing, Pharmaceuticals, Food Processing, and Telecom & Networking products
NEW DELHI : Production Linked Incentive (PLI) Schemes witness over Rs. 1.03 lakh crore of investment till November 2023, which has led to production/ sales of Rs. 8.61 lakh crore and employment generation (direct