Trade balance with Europe moves into deficit in FY24
NEW DELHI : India’s trade balance with Europe has moved into negative territory over the first three quarters of FY24, with imports exceeding exports during the period. This
Commerce Ministry announces Progress on including SEZs, EOUs in RoDTEP Scheme
NEW DELHI : The Ministry of Commerce & Industry (SEZ Section), issued Office Memorandum vide Κ.43022/35/2019-SEZ dated February 16, 2024, updates on integrating SEZs and EOUs into the RoDTEP
AEPC Chairman said the government to suspend trans-shipment of Bangladesh export cargo via Delhi
NEW DELHI : Apparel exporters body AEPC on Thursday urged the government to suspend an order which allows the trans-shipment of Bangladesh export cargo to third countries through
Textile and Apparel Exports fall in January
NEW DELHI : India’s textile and apparel exports are down in January 2024 as data issued by the Ministry of Commerce & Industry shows that textile exports registered
India’s January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis
NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in
Red Sea crisis : Indian exporters save on higher shipping costs as importers start sharing burden
NEW DELHI : Even as the Red Sea crisis pushes up shipping expenses, Indian exporters are getting some relief from the higher cost burden by negotiating rates afresh
CBI registers 3 corruption cases against 18 customs officials and 5 exporters for fraudulent duty dr
MUMBAI : In a major crackdown on corruption, the Central Bureau of Investigation’s (CBI) Mumbai unit has booked 35 persons, including 24 customs officers, in three separate cases
India-UAE Logistics partnership boosts following the implementation of CEPA
DUBAI : The partnership between India and the UAE in the logistics sector has received a substantial boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA)
PM Modi lays foundation stone of 100,000sqm Bharat Mart in Dubai to boost exports
DUBAI : The foundation stone of Bharat Mart, which will combine retail, warehousing and logistics facilities at Jebel Ali Free Trade Zone in Dubai, was laid during a
CNS links Customs processes across Ports and Airports to support future of UK trade
LONDON : Digital trade enabler CNS (Community Network Services), a DP World company, has enhanced its customs management system to integrate with CCS UK, the electronic system that