All options are open for 3 trading companies: Goyal

New Delhi: All options are open for three state-run trading corporations of MMTC, STC and PEC, Union minister Piyush Goyal said on Tuesday amid reports that the government is... Read more »

India, US in talks to resolve trade issues: Goyal

New Delhi: India and the US are working on to resolve their trade issues early, Commerce and Industry Minister Piyush Goyal said on Monday ahead of Prime Minister Narendra... Read more »

Exports fall 6%, imports down 13.4% in Aug

New Delhi: India’s exports fell by 6.05 per cent year-on-year to USD 26.13 billion in August as shipments of gems and jewellery, engineering goods and petroleum products continued to... Read more »

Huge trade opportunities in Russia for leather, footwear exports: CLE Chairman

New Delhi: Russia, the 13th biggest importer of leather products, offers a huge opportunity for Indian leather and footwear exporters, according to the Council for Leather Exports. Russia’s imports... Read more »

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 »