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 »

India imposes 20% import tax on Saccharin imports from China

New Delhi: Now import of Saccharin, a kind of sweetener, from China would attract 20 per cent countervailing duty, according to official notification. The product would attract 20 per cent... Read more »

Oilmeal exports plunge 73 pc to 98,871 tn in August

New Delhi: Oilmeals exports declined sharply by 73 per cent to 98,871 tonnes in August due to high prices of soybean meal in the domestic market, according to the... Read more »

Another booster soon to prop up exports

New Delhi: A reduction in import duty on coloured gems and polished diamonds and extension in tax benefits for new SEZ units beyond March 2020 are among the steps... Read more »

Commerce Min to brief PM on RCEP on Friday

New Delhi:  The commerce ministry will give a detailed presentation on the progress of the proposed mega free trade agreement RCEP to Prime Minister Narendra Modi on Friday, sources... Read more »

Govt works on system for vendor assessment on GeM portal

New Delhi: To ensure sale of quality products on the platform, public procurement portal GeM is working on a mechanism for carrying out vendor assessment, according to an official.... Read more »

Registration with SIMS must for import of 215 iron, steel items

New Delhi: The government has made it mandatory for traders to register themselves with Steel Import Monitoring System to import 215 iron and steel products, according to a notification... Read more »