CBIC introduces auto-renewal for tier 1 AEO license holders
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has carried out away with renewal of Authorised Economic Operator (AEO) certification after each three years for Tier 1 or T1 stage entities, it stated in
Adani Group to enter petrochemicals business, sets up Adani Petrochemicals
MUMBAI : Adani Group, which has presence in ports, airports, power, gas distribution, among others, is all set to foray into petrochemicals business. Adani Enterprises, the flagship company of the Group, announced that it
Concor Q1 net profit jumps multi-fold to Rs 251 crore
NEW DELHI : State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company
Bengal Govt starts GIS mapping of 570 MSME clusters to boost ease of doing Business
KOLKATA : The West Bengal government has started GIS mapping of 570 clusters for micro, small and medium enterprises (MSMEs) in the state to assess availability of infrastructure and skill of workers in these
India, Maldives sign MOU to expedite Customs clearance
NEW DELHI : The Maldives and India have signed a Memorandum of Understanding on the exchange of pre-arrival information for trade facilitation and control of customs. The MoU will facilitate faster clearance of goods
Act to ensure safe trade through inland waters to be enacted soon
NEW DELHI : To promote economic and safe transportation and trade through inland waters and to bring uniformity in the application of law relating to inland waterways and navigation within the country, India is
Floodgates open for primary market issuances in GIFT City
NEW DELHI : Indian unicorns, unlisted companies and start-ups need not look for listing in global bourses to attract well-heeled foreign institutional and retail investors. These players can now go to GIFT City —
Commerce Ministry seeks stakeholders” suggestions for next foreign trade policy
NEW DELHI : The commerce ministry sought suggestions from stakeholders, including industry and trade associations, for the formulation of the next foreign trade policy (FTP 2021-26). The FTP provides guidelines for enhancing exports to