February 2, 2026
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Govt lifts ban on non-basmati white rice exports, removes floor price

October 24, 2024 EXPORT, Trade, Trending News
NEW DELHI : The Union government on October 23 removed the minimum export price (MEP) of $490 per tonne on overseas shipments of non-basmati white rice, a move expected to promote shipments of the commodity.

DGFT eases policy conditions on Cough Syrup Exports to USA, UK, Canada, EU, Japan, Australia, Singapore, Republic of Korea and Switzerland 

October 19, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade ( DGFT ) has eased export policy conditions on the export of cough syrups to select countries, including the USA, UK, Canada, the European Union,

DGFT reduces export obligation compliance

October 16, 2024 EXPORT, Business, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has reduced the compliance requirements on the fulfilment of an export obligation, which aims to increase the ease of doing business. The DGFT has amended chapter

DGFT imposes import curbs on parts of pocket lighters with immediate effect

October 14, 2024 Import, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The Central Government on Sunday imposed import curbs on parts of pocket lighters with immediate effect, a move which would help encourage domestic manufacturing and cut dependence on their inbound shipments

Registration certificate not mandatory for exporters seeking benefits: DGFT

October 10, 2024 DGFT, COMMERCE, EXPORT, Trending News
NEW DELHI : The Commerce Ministry’s arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the

Bengal exporters get relief as Centre lifts ban on non-basmati white rice

September 30, 2024 Trade, Economy, Trending News
KOLKATA : Stakeholders of West Bengal’s rice industry on Saturday heaved a sigh of relief after the Centre removed the ban on overseas shipments of non-basmati white rice. The government’s move is expected to

DGFT notifies extension of import regime for laptops till December 31

September 28, 2024 Import, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has notified the extension of the import management system for laptops and other IT hardware products for three more months—till December 31—and asked companies

Empowering exporters and streamlining processes main focus of Department of Commerce in first 100 days of Modi Government

September 21, 2024 Trending News, COMMERCE, Economy, EXPORT, Finance, Trade
NEW DELHI : The Department of Commerce (DoC) has focused on empowering exporters, streamlining processes, and promoting economic growth through innovative solutions during the first 100 days of this Government. These achievements underscore the.

Breaking barriers : India and South Korea are modernizing trade with eBills of Lading

September 21, 2024 Trade, COMMERCE, Customs, Economy, Finance, Global Trade, Trending News
NEW DELHI : According to an official announcement came that, India and South Korea have started electronically transferring bills of lading(eBill of Lading) between their customs authorities, a decision that is expected to simplify

Govt caps interest subvention amount at Rs 5 crore per IEC for MSME manufacturers

September 20, 2024 Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : The Commerce Ministry has imposed an interest subvention cap of Rs 5 crore per IEC (import-export code) for MSME manufactures till September 30, 2024 for the current fiscal. In a trade notice on
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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