Govt cuts sugar export subsidy to Rs 4,000 a tonne on global price rise
NEW DELHI : The Centre on Thursday slashed subsidy on sugar exports from Rs 6,000 per tonne to Rs 4,000 per tonne with immediate effect in view of firm global prices. However, trade sources
India, China, South Africa fared ‘relatively better’ than other major economies in Q1 of 2021 : UN
NEW YORK : The Global Trade Update by the United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that in Q1 2021, the value of global trade in goods and services grew
India begins exporting GI certified Gholvad Sapota
NEW DELHI : After exporting geographical indication (GI) certified mangoes to South Africa this month, APEDA (Agriculture and Processed Food Export Development Agency) helped export Dahanu Gholvad Sapota consignments from the Palghar district of
Why Indian exports are doing well in 2nd Covid wave
NEW DELHI : A revival in global demand has seen India’s exports surge in April with segments like gems and jewellery and engineering goods seeing a sharp increase during the month. A close look
Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central Board of Indirect Taxes and Customs
Sustained growth in North America East Cost import volumes
LOS ANGELES : North America East Coast laden container imports in the first quarter of 2021 grew by 22.3% year-on-year, according to a Sea-Intelligence report. Growth was also seen over pre-pandemic levels, with Q1
Commerce Ministry weighing proposal to revamp scheme for services exports
NEW DELHI : The commerce ministry is weighing a proposal to overhaul a key scheme for services exporters to make it more broad-based and foolproof so that a wider pool of businesses, especially Covid-hit
Indian oil refiners cut output, imports as pandemic hits demand
NEW DELHI : India’s top state oil refiners are reducing processing runs and crude imports as the surging COVID-19 pandemic has cut fuel consumption. India’s top oil refiners are reducing processing runs and crude