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COMMERCE Secretary Rita A.Teaotia yesterday held detailed consultations and deliberations with around 27 Export Promotion Councils to seek their views and suggestions on ways to promote exports. The major issues highlighted by the Export Promotion … Continue reading

The Supreme Court will hear in October the Centre’s appeal challenging the Gujarat High Court’s order that held as unconstitutional the provisions of foreign trade policy relied upon by the Directorate General of Foreign Trade … Continue reading

NEW DELHI: India’s exports contracted for the ninth month in a row, dipping 20.66 per cent in August to USD 21.26 billion, due to steep decline in engineering and petroleum shipments. Trade deficit widened to USD 12.47 … Continue reading

The requirement of registration of quantity with DGFT for export of sugar has been dispensed with in a notification issued by DGFT on 7th September 2015

As per the order issued by Principal Secretary (services) Rajendra Kumar, Ashwani Kumar , Delhi government on Tuesday effected a major bureaucratic reshuffle involving 16 IAS officers and three other officials. Mr. Anup Wadhawan, Additional … Continue reading

The Modi-led Government has gone in for a major Secretary level reshuffle involving at least 16 Secretaries of various Ministries. The major change in the Finance Ministry includes elevation of Revenue Secretary Shaktikanta Das as … Continue reading

DGFT clarified the procedure for filing applications under Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) by the units located in SEZs and EOUs. Making the amendments, DGFT said, Exporters … Continue reading

To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme. “We have moved … Continue reading

DGFT has amended the Import Policy for 17 controlled substances like potassium permanganate, Butanone, etc. from free to “No Objection Certificate” from the Narcotics Commissioner of India, Gwalior

Finally to follow a bottom-up approach to boost exports and rationalize non-essential imports at a time when foreign shipments have been contracting for five months in a row, the government has decided to constitute a … Continue reading

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