India, China, South Africa fared ‘relatively better’ than other major economies in Q1 of 2021 : UN
NEW YORK : The Global Trade Update by the United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that in Q1 2021, the value of global trade in goods and services grew
Services exporters hit as benefits held back
NEW DELHI : The Service Exports From India Scheme (SEIS) was introduced in the Foreign Trade Policy (FTP) for 2015-20; the validity of the FTP has now been extended up to September 2021. Services
No headway in lifting India’s anti-dumping duty yet
NEW DELHI : There is no development regarding lifting anti-dumping duty on Bangladeshi goods in Indian market and Dhaka is yet to hear from New Delhi despite sending a letter in this regard two
MSC ship suffers severe gash while berthing in Turkey
ISTANBUL : The 19,224 TEUs MSC Tina suffered a nasty allision with a pier in Turkey on Saturday. The 398.5m long ship has a sizeable gash along its port side while the pier at Ambarli Port
Govt hopeful of resolving Iran’s currency issue by next month; export to resume soon
NEW DELHI: As India’s export of commodities like sugar to Iran has been hit due to Tehran’s rupee reserves shortage with Indian banks, the government recently said the two nations are negotiating for the
Indian exporters experience surge in global demand
NEW DELHI : In a boost to Indian economy, Indian export books have reportedly swelled up to 40% in the current fiscal. This comes as a sign of relief as global demand had taken
Exporters may have to wait longer to get RoDTEP benefits
NEW DELHI: Exporters will have to wait longer to get incentives under the new Remission of Duties and Taxes on Export Products (RoDTEP) scheme. Sources privy to the development said differences between the Commerce
Gati targets 3x growth, to invest Rs. 100 crores in FY 21-22
MUMBAI: Gati-KWE Limited, an Allcargo company has launched advanced air freight solutions for pharma, electronics and auto ancillaries. The company has also earmarked a budget of Rs 100 crores for infrastructure and technology development