June 10, 2026
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GST Council proposes to restrict IGST Refunds on Goods Subject to Export Duty

June 24, 2024 Export - Import, Business, COMMERCE, Finance, Trade, Trending News
NEW DELHI : The GST Council recommended important amendments in Section 16 of the IGST Act and Section 54 of the CGST Act. The proposed amendments seek to restrict the refund of IGST in

DGFT and Revenue Dept working on dedicated hubs to boost e-commerce exports

June 24, 2024 EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to

Commerce Ministry in talks to upgrade FTA with South Korea

June 24, 2024 Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : While India gave significant tariff concessions, there’s a push for South Korea to give more meaningful concessions, especially for competitive Indian products. With talks to upgrade the existing Free Trade Agreement

John Chambers predicts India will lead global economy, surpassing US and China

June 24, 2024 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
WASHINGTON D.C. : John Chambers, former CEO of Cisco Systems and renowned advocate for US-India relations, on Friday (June 21) boldly predicts India’s ascendance to becoming the world’s largest economy. Speaking exclusively to CNBC-TV18’s

Nitin Gadkari asks industries to establish skill development institutes

June 24, 2024 EXPORT, Business, COMMERCE, Education, Trade, Trending News
NAGPUR : Union Minister of Road Transport and Highways, Shri Nitin Gadkari, on Saturday urged industries to initiate skill development institutes to create a skilled and industry-ready workforce. Addressing the CII-Industry Academia Conclave in

Govt plans global trade promotion body for MSME exports, to be announced in budget

June 24, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
NEW DELHI : The Centre may propose a global trade promotion body focused on boosting MSME exports in the upcoming Union budget, three people aware of the development said. The move comes on the

Boosting Maharashtra’s industrial growth,focus on logistics and power supply : CII

June 24, 2024 Logistics, COMMERCE, Economy, EXPORT, Infrastructure, Trade
MUMBAI : CII Vice President R Mukundan emphasized the need for improved logistics infrastructure and cost-effective power supply to foster industrial growth in Maharashtra. Mukundan highlighted the significance of last-mile connectivity and reducing power

FIEO (Western Region) organised 8th & 9th Set of Export Excellence Awards at Mumbai

June 24, 2024 EXPORT, Business, COMMERCE, Trade, Trending News
MUMBAI : Federation of Indian Export Organisations (Western Region) organised its 8th & 9th Set of Export Excellence Awards at Mumbai on June 22, 2024. This prestigious award was started in the year 2015

Ministry of Commerce and Industry celebrates 10th International Yoga Day at Bharat Mandapam

June 22, 2024 Trade, COMMERCE, Economy, Trending News
NEW DELHI : The Ministry of Commerce and Industry celebrated the 10th International Day of Yoga at Bharat Mandapam, here. Union Minister of State for Commerce and Industry, Shri Jitin Prasada; Secretary, Department of

India allows 2,000 tonnes non-basmati white rice exports to Malawi and Zimbabwe

June 22, 2024 EXPORT, COMMERCE, Trade, Trending News
NEW DELHI : The government has permitted exports of 2,000 tonnes of non-basmati white rice to two African nations – Malawi and Zimbabwe. The export is permitted through National Cooperative Exports Limited (NCEL), the
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