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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...

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...

CBIC notifies Waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh

NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of Bank Guarantee for Transhipment of Import & Export Cargo...

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...

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....

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...

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...

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...

Pharma, engineering sectors drive India’s exports up 16.2% in Jan first week

The country’s exports grew 16.22 per cent year-on-year to $6.21 billion in the first week of January, mainly driven by healthy growth in pharmaceuticals,...

India”s coal import drops 17% in Apr-Nov

India”s coal import declined by 17 per cent to 137.16 million tonne (MT) in the April-November period of the current fiscal. The country had...

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