February 15, 2026
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Faceless assessment reduces manual intervention in Customs Department in Indore

January 30, 2024 Customs, COMMERCE, Trade, Trending News
INDORE : The Customs Department is working as a trade facilitator through Risk Management Systems (RMS) and clearing more than 90% consignments without manual intervention in Assessment and Examination. Initiatives like faceless assessment have

PHDCCI urges to focus on ‘EoDB’ in Union Budget 2024-25

January 29, 2024 Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : The PHD Chamber of Commerce and Industry has presented a set of recommendations for the Union Budget 2024-25, with a major emphasis on enhancing the “Ease of Doing Business” in India.

CBIC celebrates International Customs Day-2024 with theme of ‘Customs engaging traditional and new partners with purpose’

January 29, 2024 Customs, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) on Saturday celebrated the International Customs Day- 2024 here. This year, the World Customs Organisation (WCO) has dedicated the International Customs Day

India negotiating trade facilitation pact with 10 countries currently : CBIC Chairman

January 29, 2024 Customs, COMMERCE, Trade, Trending News
NEW DELHI : In a bid to facilitate faster customs clearance for traders, India is currently negotiating Mutual Recognition Agreements (MRAs) with 10 countries, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay

Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT IFSC

January 25, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : In pursuance of the announcement on July 28, 2023 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to enable direct listing of Indian Companies at GIFT- IFSC exchanges

DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exports

January 25, 2024 Trade, Business, COMMERCE, EXPORT, Global Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has urged the Gem & Jewellery Export Promotion Council to popularise jewellery exports through e-commerce and to position India as a top supplier, design

Switzerland and India reach FTA deal

January 23, 2024 Trade, COMMERCE, Global Trade, Trending News
DAVOS : Switzerland and India have reached consensus on a Free-Trade Agreement after 16 years of negotiations, Swiss Economy Minister Guy Parmelin said.  Parmelin traveled to India directly after the World Economic Forum 2024 in Davos,

Goods & services exports marginally up at $765.6 bn in 2023: MoCI

January 23, 2024 EXPORT, COMMERCE, Trending News
NEW DELHI : India’s Exports of goods and services rose marginally by 0.4 per cent to $765.6 billion in 2023 despite global economic uncertainties, according to the Commerce Ministry(MoCI) data. Sectors which helped keep

GJEPC asks Govt to allow diamond rough sale through SNZ and reduce import duty to 2.5%

January 20, 2024 Export - Import, Business, COMMERCE, Trade, Trending News
MUMBAI : The Gem & Jewellery Export Promotion Council (GJEPC) has requested the Union Government to consider the introduction of the safe harbour rule for the sale of rough diamonds through Special Notified Zones

Maharashtra Govt signs MoU worth Rs 10,000 Crore with Web Werks

January 20, 2024 Trade, Business, COMMERCE, Economy, Infrastructure, Trending News
DAVOS : The Maharashtra Government has signed a memorandum of understanding (MoU) worth Rs 10,000 crore with Web Werks for investment in a mega IT/ITES data centre in the state in the next five
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