New tax refund scheme for exports faces US, EU action
NEW DELHI : At least two Indian products are facing anti-subsidy action in the form of countervailing duty (CVD) in the US and EU due to their use of Remission of Duties or Taxes
E-commerce Policy, rules to be notified immediately after return from US : Piyush Goyal to CAIT
NEW DELHI : E-commerce Policy : The Central government will soon announce the long pending E-commerce Policy and E-commerce Rules for the country, Commerce Minister Shri Piyush Goyal told Confederation of All India Traders’ (CAIT)
Visakhapatnam Port achieves record 50 MMT cargo handling volume in just 228 days
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) on Wednesday said it has set a record by handling 50 Million Metric Tonnes (MMT) of cargo handling in just 228 days in FY24. The port surpassed its
India signs deals to export 500,000 tons of new season Basmati Rice
NEW DELHI : India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday. India annually exports more
Jaishankar meets UK’s new FS David Cameron, holds talks on trade pact, West Asia
NEW DELHI : : India and the UK discussed ways to take forward their negotiations on a free trade agreement (FTA) and global challenges such as the Israel-Hamas conflict and the Ukraine war during a
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
Russia and India sign deal on supply, production of Igla air defence systems
NEW DELHI : Russia has signed an agreement with India to supply its Igla hand-held anti-aircraft missile to the country. According to the pact, Russia will also allow domestic production of the Igla anti-aircraft missile system in India,
Plan to construct $28-mn warehouse in UAE raises prospects of Indian rice & polymer exporters
SINGAPORE : Companies exporting rice, white goods and polymer from India to the Persian Gulf have got a leg up from a proposal to construct a warehouse in the UAE. The Singapore-headquartered transportation solutions enterprise, BoxcoWorld