Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/icici-bank-launches-online-platform-to-help-indian-exporters/articleshow/87864422.cmsSynopsis The objective of this initiative is to increase efficiency and productivity of exporters and importers decongesting the time-taking physical procedures. MUMBAI:ICICI Bankhas announced
Category: EXIM
A controversy in the making? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-controversy-in-the-making/2373371/ For the purposes of levying Social Welfare Surcharge, imports enjoying ab initio exemption should not be viewed with the same lens as imports
Time to harvest the tailwind in exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/time-to-harvest-the-tailwind-in-exports-121111801576_1.html The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again
Time to harvest the tailwind in exports | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/time-to-harvest-the-tailwind-in-exports-121111801576_1.html The current high tide in global trade offers an opportunity for India to get its exports strategy in order before growth dips again
SME Chatroom: General bond can be furnished for warehousing imported goods | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-general-bond-can-be-furnished-for-warehousing-imported-goods-121111500819_1.html Business Standard brings you the fortnightly Q&A on SMEs Q. We import certain goods that we want to keep in a bonded warehouse
Pick-up signs | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/trade-data-merchandise-exports-indian-economy-7626379/ With exports on the upswing, policy thrust should be on enhancing competitiveness, integration with global value chains. The country’s exports have benefitted from
Economy ‘bouncing back’, set to record highest-ever exports of $550 billion in 2021-22: Piyush Goyal – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/economy-bouncing-back-set-to-record-highest-ever-exports-of-550-billion-in-2021-22-piyush-goyal/article37486941.ece?homepage=true Trade fair starting on Sunday will tell the world that ‘India is back in business’, he says The economy is “bouncing back” strongly with festive
Telecom shines: Electronics exports surge, may hit record $15 billion in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/telecom-shines-electronics-exports-surge-may-hit-record-15-billion-in-fy22/2363197/ However, in the first half of the current fiscal, such exports surged 59% to $6.2 billion. Overseas despatches are expected to spike in
‘IGST refund rules for exports by EOUs need to be reviewed’ | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-igst-refund-rules-for-exports-by-eous-need-to-be-reviewed-121101800629_1.html Business Standard brings you the fortnightly Q&A on SMEs Q. We are an EOU, exporting our goods through Chennai Customs. We pay IGST
42 firms selected under PLI scheme for white goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/42-firms-selected-under-pli-scheme-for-white-goods/articleshow/87511306.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Ministry of Commerce & Industry said the selected applicants include 26 for air conditioner manufacturing with committed investments of Rs 3,898 crores &
Exports rise for 11th month, up 43.3% in October – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-rise-for-11th-month-up-43-3-in-october/articleshow/87479003.cmsSynopsis Official data released on Monday showed a 62.48% rise in imports leaving a trade deficit of $19.9 billion compared to $9.15 billion and
India needs a PLI for steel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-a-pli-for-steel/2361464/ Sino-Indian tensions telling on Indian iron-ore exports, PLI can catalyse domestic value addition The fortunes of the Indian producers in terms of exports
How domestic electronic component manufacturing can help reduce imports, boost private sector investments – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/how-domestic-electronic-component-manufacturing-can-help-reduce-imports-boost-private-sector-investments-310291-2021-10-24 The challenge for India is to bring together capital from the government, industry and the advanced nations and the know-how to trigger the
PayPal, IIFT to help MSME exporters tap into cross-border trade opportunity with training, support – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-paypal-iift-to-help-msme-exporters-tap-into-cross-border-trade-opportunity-with-training-support/2349333/ Trade, imports, exports for MSMEs: IDTFF will particularly look at challenges around exports faced by small exporters and share ideas for possible solutions.
Import surge drives September trade deficit to record $22.6 bn – The Financial Express
Clipped from: https://www.financialexpress.com/economy/import-surge-drives-september-trade-deficit-to-record-22-6-bn/2350065/ However, imports surged at a much faster pace of 84.8% from a year before (albeit on a low base), driving up trade deficit
Centre scraps customs duty on crude edible oils, lowers agri cess – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/centre-cuts-duty-on-crude-edible-oils-to-zero-to-rein-in-surging-prices/article36981846.ece?homepage=true Move aimed at tackling surging cooking oil prices, rising inflation The Centre on Wednesday cut the Customs duty on crude edible oils to
Dixon Technologies to make Acer laptops in India under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dixon-technologies-to-make-acer-laptops-in-india-under-pli-scheme-121100800027_1.html Dixon is an eligible player for the PLI scheme under the IT hardware category Dixon will also be the first domestic manufacturer to
Exports boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/exports-boost/article36826624.ece India’s exports have been resilient to the Covid impact but policies need to be tailored differently India’s export sector may be a middling
Duty cut lifts India’s palm oil imports in Sept to a record 1.4 mn tonnes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/duty-cut-lifts-indias-palm-oil-imports-in-sept-to-a-record-1-4-mn-tonnes/articleshow/86680283.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India lifted restrictions on imports of refined palm oil and slashed base import taxes on palm oil, soyoil and sunflower oil in recent
Exports jump over 21% to $33.44 billion in September – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-over-21-to-33-44-billion-in-september/articleshow/86686079.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The trade deficit in September was at USD 22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion. India’s merchandise
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