India launches probe into dumping of Dimethyl Formamide from China, Saudi Arabia

New Delhi: The Commerce Ministry has launched a probe into alleged dumping of a chemical, used in pharma and pesticide industries, from China and Saudi Arabia, according to an... Read more »

India imposes CVD on copper wire rod imports from 4 nations

New Delhi: India has imposed a countervailing duty on copper wire rods from Indonesia, Malaysia, Thailand and Vietnam for a period of five years after a probe found that... Read more »

DGTR launches anti-dumping probe into Chinese medicine imports

New Delhi:  The Commerce Ministry has initiated a probe into alleged dumping of a medicine from China. The Directorate General of Trade Remedies (DGTR) in a notification stated that... Read more »

Textiles & apparel exports to reach USD 300 bn by 2024-25

New Delhi: Textile and apparel exports of India are expected to reach USD 300 billion by 2024-25 — tripling the country’s share to 15 per cent in the global... Read more »

Commerce Ministry pitches for cut in gold import duty

New Delhi: The commerce ministry wants the finance ministry to reduce the import duty on gold in the forthcoming budget to boost exports and manufacturing of the gems and... Read more »

TPCI suggests 5-pronged plan to boost Agri exports

New Delhi: Trade promotion body TPCI on Friday suggested a five-pronged strategy, that includes mandatory pre-export certification and revamping SEZ policy for the food sector, to boost outbound shipments... Read more »

Gold imports rise by 6.6% in Nov

New Delhi: India’s gold imports rose by 6.6 per cent to USD 2.94 billion in November, logging a growth for the second month in a row, according to the... Read more »

India-Mauritius trade pact near finalization: Commerce Min

New Delhi: The proposed free trade agreement between India and Mauritius is nearing its finalisation with both the sides concluding the negotiations, the commerce ministry said on Wednesday. The... Read more »

FDI inflows rise 15pc to USD 26 billion in H1FY20

New Delhi: Foreign direct investment into India rose by 15 per cent to USD 26 billion in the first half of 2019-20 financial year, according to official data. Foreign... Read more »

Govt reduces import duty on refined, crude palm oils

New Delhi: The government on Wednesday announced a cut in import duty on refined palmolein from 50 per cent to 45 per cent and on crude palm oil to... Read more »