Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations should do more research to identify
Exports grow after 3 months in Dec, Gold imports widen trade gap to above 2 year high
NEW DELHI: India’s exports in December returned to the positive territory after three months even as the country’s trade deficit swelled to a 25-month high on high imports of non-oil goods especially gold. Buoyed
CBIC notifies Waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka …
NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh. The CBIC has received the
New FTP 2021-26 from 1st April, Expert Committee holds discussion
NEW DELHI: Meeting of the Parliamentary Consultative Committee of the Ministry of Commerce and Industry was held on the subject “New Foreign Trade Policy 2021-26”. The meeting was chaired by the Minister of State
China’s suspension of the import, Kerala seafood exporters lose crores, seek govt help
China’s suspension of the import of Indian seafood products has added to the woes of exporters in Kerala already hit by the Covid pandemic. According to the Seafood Exporters Association of India (SEAI), China
Exports show signs of revival, order booking position improved: FIEO President
Reacting to December 2020 export figures, Federation of Indian Export Organisation (FIEO) President, Sharad Kumar Saraf said that the monthly exports have moved towards positive territory as major export products show signs of further
Pharma industry requests centralised KYC depository system at Ports to avoid shipping delays
HYDERABAD: The pharma industry has raised concerns that India is facing duplication of KYC work at each port and this is causing a delay in the shipping of pharma consignment. Therefore, the industry has
India’s Gems, Jewellery exports picking up in major markets: GJEPC
MUMBAI: Gems and jewellery exports reached the pre-COVID levels in November and December as the demand picked up in all major markets, including the US where the spending on Thanksgiving Day rose by nearly