India fails to make substantial export gains in the US and Europe in FY24
NEW DELHI : India’s exports to its largest markets, Europe and the US, remained flat as its global shipments declined in FY24 on account of falling demand and
India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from
Indian exporters urge Govt for relief from the 45-day payment rule from MSEs’ purchase
NEW DELHI : Indian exporters sought the government and requested an exemption from the 45-day payment rule for goods purchased from MSEs, emphasising that the norm will impact
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to
India-EFTA pact : India to phase out import duties on chocolates, watches, textiles, smartphones
NEW DELHI : Duties on substantial number of goods imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including chocolates, watches, smartphones, olive oil, corn flakes, machinery, textiles, medicines, cod liver
Govt should not cut import duties on parts used in making smartphones : GTRI
NEW DELHI : The government should not cut import duties on electronic components used in making smartphones in the forthcoming Budget as the current tariff structure has already
Consider giving refunds to exporters in cash for tax remission schemes : GTRI to Govt
NEW DELHI : The government can consider giving refunds to exporters in cash instead of scrips for tax remission schemes, as it would immediately improve cash flow for
Switzerland’s decision to eliminate import duties limits FTA utility for India’
NEW DELHI : Switzerland’s policy to allow tariff-free entry for all industrial goods from all countries significantly limits India’s prospects of gains from India and the European Free
High tariffs among reasons behind weak exports : GTRI
NEW DELHI : The reasons behind India’s weaker export performance include higher tariffs in India and lower tariffs in its FTA partner countries, think tank Global Trade Research
High import duties; resisting pressure to open agri sector imp to ensure India’s food security
NEW DELHI : Maintaining high import duties on sensitive agri commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving