Guidelines soon on foreign exchange credit to exporters: Goyal

New Delhi: The government will soon release guidelines on extending foreign exchange credit to exporters at affordable rates, Commerce Minister Piyush Goyal said on Thursday while expressing concern over a... Read more »

Govt mulls hiking free import entitlement rate to 5% for leather

New Delhi: The government is considering a proposal to increase entitlement rate to 5 per cent from the current 3 per cent for duty-free import of raw leather material... Read more »

Bill on fast transport of goods to get Cabinet approval soon

New Delhi: A bill that seeks to facilitate fast movement of goods for domestic as well as foreign markets would be placed before the Union Cabinet for approval soon, Commerce... Read more »

India agrees to cut down duty on Indonesian palm oil

New Delhi: India has agreed to cut down import duty on processed palm oil from Indonesia to 45 per cent, the commerce ministry said. The decision was taken by... Read more »

Working on easing procedures, funds at competitive rates to help exporters: Goyal

New Delhi: Commerce and Industry Minister on Wednesday said the government is working on simplifying procedures and making funds available at competitive rates to exporters to boost the export... Read more »

Sugar exports touch 3.68 million tn in 2018-19

New Delhi: Sugar exports reached 3.68 million tonne in 2018-19 marketing year so far against the approved volume of 5 million tonne, according to the India Sugar Trade Association... Read more »

MMTC floats tender for 2000 tn onion import

New Delhi: MMTC has floated a tender for the import of 2,000 tonnes of onion from countries such as China, Afghanistan, Pakistan and Egypt to boost domestic supply and... Read more »

Exim Bank projects marginal growth in exports during July-Sept

New Delhi: Exim Bank has projected a marginal growth in the country’s merchandise exports to USD 82 billion in the July-September quarter mainly due to a fall in non-oil... Read more »

India, ASEAN to review 10-year old free trade pact

New Delhi: India and 10-member ASEAN have decided to review their 10-year old trade agreement to further promote business relationship and extend cooperation in areas like financial technology, startups... Read more »

Govt floats draft guidelines on IPR policy in academic institutions

New Delhi: A patent right will rest with the academic institution if a student, researcher or faculty member have used its resources and funds for developing a product, according... Read more »