Govt caps prices of alcohol used in hand sanitisers

New Delhi: Prices of alcohols used in manufacturing hand sanitizers have been capped under the Essential Commodities Act on account of coronavirus outbreak, an official release said. The decision would... Read more »

AEPC seeks immediate support from Fin Min amid coronavirus outbreak

New Delhi: Apparel exporters body AEPC on Tuesday said coronavirus outbreak is impacting the global supply chain of goods and the government should immediately extend support to the sector... Read more »

Gold imports down by 8.8 pc at USD 27 bn in Apr-Feb

New Delhi: Gold imports declined by 8.86 per cent to USD 27 billion (about Rs 1.90 lakh crore) in April-February 2019-20, the commerce ministry data showed. Imports of the... Read more »

AEPC asks members to diversify markets for sourcing raw material

New Delhi: An export promotion body has asked its members to explore more markets for sourcing intermediates or raw materials to cut down reliance on China due to the coronavirus... Read more »

Exports under GSP scheme grows 5% to USD 5.47 bn in Jun-Dec 2019

New Delhi: Exports of 1,945 Indian products, which were availing duty incentives under the GSP scheme of the US, has recorded a growth of 5 per cent to USD... Read more »

Cabinet likely to approve scheme for exporters to reimburse levies tomorrow

New Delhi: The Union Cabinet is likely to approve tomorrow  a scheme for exporters to reimburse taxes and duties paid by them with a view to give a boost... Read more »

Commerce Min to create Data Management and Research Unit by restructuring DGCI&S

New Delhi: The commerce ministry is in the process of restructuring its Directorate General of Commercial Intelligence and Statistics (DGCI&S) for creating a new Data Management and Research Unit... Read more »

Defence sector gets $8.82 million FDI during Apr 2000-Dec 2019

New Delhi: India’s defence sector received foreign direct investment of USD 8.82 million (Rs 51.93 crore) during April 2000 and December 2019. In 2018-19, FDI in the sector was... Read more »

DGFT launches probe into soda ash imports from Turkey

New Delhi: India has launched an investigation into increased subsidised imports of soda ash, used in making detergents and soaps, from Turkey following complaints by domestic players. DCW Ltd,... Read more »

COVID-19 outbreak may hit India diamond exports

New Delhi: India’s diamond exports could shrink by a fifth to USD 19 billion by 2020-21-end as COVID-19 outbreak amplifies sluggishness in global demand, a report said. In 2018-19,... Read more »