New Delhi [India], India's services exports, in US dollar terms, grew at a strong compound annual growth rate (CAGR) of more than 14 percent over the last 30 years (between 1993 and 2022), leading to India's merchandise export growth. Much more than. (10.7 per cent) as well as world services...
New Delhi: The government is planning an action plan for two agricultural products including banana, mango, potato and baby corn to further boost exports of these commodities, a senior official said on Tuesday.Rajesh Aggarwal, Additional Secretary, Commerce Department, said that action for...
New Delhi: Several small exporters have requested the government to continue the rebate scheme for one-time settlement of export obligation defaults till September, an industry body said on Monday.SC Ralhan, president of Ludhiana-based Hand Tools Association, said many small exporters have not...
KARACHI: Russia has warned Pakistan that it will again ban rice imports if Moscow's phytosanitary concerns are not addressed in future shipments after quarantine organisms were found in rice consignments.The warning comes after Russia's Federal Service for Veterinary and Phytosanitary...
Mumbai: Gems and jewelery exports declined by 12.17 per cent to Rs 2,65,187.9 crore (US$ 32,022.08 million) during 2023-24 compared to the previous financial year due to higher interest rates in the US and slow recovery in China. The data from the Export Promotion Council (GJEPC) revealed...
New Delhi, Online food delivery platform Zomato has received a GST-related penalty order of Rs 11.82 crore on export services provided to its subsidiaries based outside India from July 2017 to March 2021.The order was passed by the Additional Commissioner, Central Goods and Services Tax...
A video that has now gone viral on social media shows sweets being distributed after an Indian Air Force C-17 aircraft landed at the Philippine AI Force's Clark Air Base on Luzon island.Defense experts say the deal for the shore-based version of the anti-ship cruise missile with a range of 290...
New Delhi [India], India's trade deficit with the Association of Southeast Asia Nations (ASEAN) has more than doubled since the implementation of the free trade agreement (FTA) in 2010, according to data released by the Ministry of Commerce and Industry. . India's exports to ASEAN member...
New Delhi [India], According to a notification from the Directorate General of Foreign Trade (DGFT), India has imposed port restrictions on the export of restricted or restricted essential commodities, which were recently allowed to be sent to Maldives. DGFT said in the notification that the...
New Delhi [India], India has allowed onion exports in limited quantities to the United Arab Emirates (UAE) and Sri Lanka at a time when outward shipments of the staple vegetable have been placed under restrictions, through the Ministry of Commerce and Industry. The Directorate General of Foreign...
New Delhi: India's merchandise exports declined marginally to US$ 41.6 billion in March, and 3.11 per cent to US$ 437.06 billion during the last financial year, mainly due to geopolitical turmoil and decline in global trade. Is.Imports also declined in March throughout 2023-24. The trade...
New Delhi: The government on Monday ruled out the possibility of allowing sugar exports in the current 2023-24 season ending in October, despite persistent demand from the industry.At present, there is an indefinite ban on export of sugar.However, the Indian Sugar Mills Association (ISMA)...
Tiruchirappalli (Tamil Nadu) Behind its image of an attractive urban area surrounded by fields, Tiruchirappalli has its own problems.Rising unemployment, farmers' difficulty in increasing exports, and the issue of land acquisition for the airport project are among the many issues that are...
Berlin [Germany], Police in Berlin disrupted and canceled a pro-Palestinian conference shortly after it began, banning any political activity until Sunday citing the risk of the speaker's speech, Al Jazeera reports. Did "At the 'Palestine Congress'", a speaker was associated who is banned from...
After Alamgir and two other close associates of Shahjahan, Shibu Hazra and Didarbux Mollah, were produced in the special court on Friday, the ED counsel told the court how the arrested accused invested the proceeds of crime in their brother's business.According to the ED lawyer, the money...
New Delhi: The commerce ministry may seek to extend the interest equalization scheme on pre- and post-shipment rupee export credit for another five years to boost the country's outbound shipments, an official said.This scheme will end on June 30 this year."The ministry will reform some...
New Delhi: Global automotive major Stellantis plans to make India a hub for exports of electric vehicles, initially targeting the South East Asian markets, according to a senior company official.Stellantis India on Thursday began exports of its 'Made in India' e-C3 electric car to Indonesia...
Berlin [Germany], With Germany one of the top arms suppliers to Israel amid the ongoing offensive against Hamas in Gaza, pro-Palestinian organizations in the country are taking legal route to persuade German policy makers to change their stance on Tel Aviv. DW News reported Deutsche Welle (DW)...
In his message to President Muizzu, the island nation's ruling government and the people of the Maldives, PM Modi highlighted the cultural and civilizational ties shared by India and the Maldives "that go back in time".Giving details of PM Modi's Eid wishes, the Indian High Commission in Male...
VMP New Delhi [India], April 10: India's No. 1 tractor export brand, Sonalik Tractors concluded its comprehensive FY 2014 by setting a new stellar milestone while leveraging its farmer-centric approach and fostering its commitment to innovation. Excited to end the journey. , The company is...