Middle East Crisis Prompts Credit Support For Exporters
India rolls out credit support for ecommerce MSME exporters as Iran–Israel tensions threaten shipping routes and raise freight costs.
India rolls out credit support for ecommerce MSME exporters as Iran–Israel tensions threaten shipping routes and raise freight costs.
CCPA issues notices to six platforms over online listings of drone and GPS jammers, seeking import licences, approvals and buyer details.
The Centre has extended the minimum export price of USD 1,400 per tonne on natural honey by three months till March 31, 2026, according to a DGFT notification.
The products that are now restricted include articles of jewellery of precious metal, silver and unstudded and other jewellery, which were free earlier
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]