Centre Restricts Silver Jewellery Imports Till March 2026
The products that are now restricted include articles of jewellery of precious metal, silver and unstudded and other jewellery, which were free earlier
Export
Companies
E-commerce & Marketplaces
Government
News
DGFT, DHL Partners To Boost Ecommerce Exports For Indian MSMEs
- by BW Retail World Bureau
- March 15, 2024
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India, has intensified efforts to bolster e-commerce exports from the country, as part of its ‘District as Export Hubs’ initiative. Aimed at facilitating micro, small, and medium enterprises (MSMEs) to explore international markets via e-commerce channels, this initiative is […]
Export
Government
Grocery
News
India Approves Limited Onion Exports To Bangladesh, UAE
- by BW Retail World Bureau
- March 5, 2024
The Central government has allowed the export of 50,000-tonne onions to Bangladesh and 14,400-tonne onions to UAE, at a time when the staple vegetable’s outward shipments have been kept under restrictions. For exports to the UAE, a ceiling of 3,600 tonnes is kept every quarter, the official notification from the Directorate General of Foreign Trade […]
Feature
Government
News
PSU Faces Scrutiny For Zero-Duty Gold Dore Imports
- by Palak Shah
- January 29, 2024
Zero-duty import of Gold by a large PSU company has come under the scanner, sources told BW. India levies a 14.35 per cent duty on the import of Gold Dores (unrefined gold) but some refiners like MMTC, a public sector entity and PAMP, a Switzerland company, were importing dores from least developed countries (LCDs) on […]
Companies
E-commerce & Marketplaces
News
CAIT Opposes DGFT’s Ecommerce Initiative For District-Level Products
- by BW Retail World Bureau
- November 28, 2023
The Confederation of All India Traders (CAIT) came down heavily on the Directorate General of Foreign Trade (DGFT) for promoting e-commerce players to leverage district-specific products and their exports from the country. Terming the idea of the foreign trade policy formulator idea as “good,” it noted that it would be detrimental to the interests of […]
Export
Government
Grocery
National
News
Govt Allows Export Of Registered Onion Consignments Till 30 November
- by BW Retail World Bureau
- November 24, 2023
The government on Thursday clarified that onion consignments, registered with customs authorities before 29 October 29, can be exported until 30 November. The clarification comes after the government imposed a minimum export price (MEP) of USD 800 per tonne on onion exports until 31 December. The measure aims to boost domestic availability and control prices. […]
E-commerce & Marketplaces
Export
News
Indian Ecommerce Exports Likwlt To Hit $200 Bn In 6-7 Years
- by BW Retail World Bureau
- November 18, 2023
Indian ecommerce exports are likely to touch USD 200 billion in the next 6-7 years and will play a critical role in achieving the USD 2 trillion goods and services export target, a senior Directorate General of Foreign Trade (DGFT) official said here on Friday. Addressing the ‘FICCI E-commerce Exports’ conference, Additional Secretary and DGFT […]
Electronics
Government
News
DGFT Imposes Restrictions On Import of Laptops And Computers
- by BW Retail World Bureau
- August 4, 2023
The Directorate General of Foreign Trade (DGFT) has imposed restrictions on the import of specific laptops and computers falling under HSN code 8471. The new regulations, effective immediately, pertain to laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers. As per the notification issued by DGFT, importers are now required to obtain […]
National
News
India Imposes Restrictions On Gold Imports
- by BW Retail World Bureau
- July 14, 2023
The central government has amended the gold import policy and imposed restrictions on certain jewellery and articles. Through a notification on Wednesday, the Directorate General of Foreign Trade (DGFT) amended the import policy for unstudded jewellery, and other articles made of gold to the “restricted” category from earlier “free”. Putting a commodity in the “restricted” […]