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Foreign trade News

11 Feb 2024

Indo-Canada Chamber Of Commerce On Target To Achieve India Mission 2024

Initiating the mission in Delhi, a delegation of the Indo-Canada Chamber of Commerce engaged in dialogues with policymakers and business leaders at FICCI, NITI AAYOG, and India Chamber Of Commerce.

23 Jun 2022

PM Narendra Modi exhorts exporters to set long-term export targets

PM Modi said that the government has removed over 32,000 unnecessary compliances to help the exporters with the process. The prime minister said that exports play a critical role in the transition of a country from developing to developed status.

23 Jun 2022

PM Narendra Modi to inaugurate Vanijya Bhawan, launch NIRYAT portal today

PM is scheduled to inaugurate the new premises of the Ministry of Commerce and Industry, Vanijya Bhawan today. PM Modi will address a gathering on the occasion of the inauguration of Vanijya Bhawan. PM will also launch a new portal-- National Import-Export Record for Yearly Analysis of Trade (NIRYAT) on Thursday.

01 Feb 2022

Govt removes restrictions on syringe exports

Restrictions were imposed last year in the wake of the COVID-19 pandemic. On September 9, 2021, the government had announced releasing Rs 56,027 crore against pending tax refunds of exporters under various export incentive schemes.

02 Jun 2017

'Looking at options for timely refund of taxes to exporters'

Allaying concerns of exporters related to GST, the commerce ministry on Friday said it is looking at all options to ensure timely refund of taxes under the new indirect tax regime to be rolled out next month.

30 Nov 2016

Cabinet announces flexibility in Visa norms for foreigners and businessmen

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

28 Oct 2016

GSTN signs MoU with DGFT for sharing forex realisation data

With an aim to strengthen processing of export transactions of taxpayers under GST, Goods and Services Network (GSTN) has signed an MoU with the commerce ministry for sharing of foreign exchange realisation and import-export code data.

05 May 2016

Government eases norm for availing export benefits under MEIS

Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS), a move aimed at facilitating ease of doing business.

economic growth

13 Nov 2015

Slower euro zone growth gives ECB ammunition to act in December

The 19-member euro zone grew by 0.3 percent in the third quarter.

08 Sep 2015

China's foreign trade declines, record drop of forex reserves

China Tuesday said its foreign trade in August decreased 9.7 percent year on year to about USD 320.8 billion amid rising concerns over the record drop of USD 93.9 billion in the Communist giant's foreign exchange reserves last month.

04 Jun 2015

Govt restricts free export of goods for promotion activities

The government Thursday restricted free outbound shipments of goods by large exporters for export promotion activities to Rs 10 lakh.

29 Dec 2014

China slashes foreign trade target to 6% next year

Citing India and Vietnam as major competitors challenging its vast exports markets, China has down graded its foreign trade target to six percent next year from this year's 7.5 percent this year.

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