Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-issues-verification-regulations-for-new-importers-exporters/articleshow/81936548.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Commissioner of Customs shall on the basis of the report of verification submitted by the proper officer, and other evidence as deemed
Category: EXIM
Mandatory registration of copper, aluminium products import is a welcome move – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/mandatory-registration-of-copper-aluminium-products-import-is-a-welcome-move/article34246707.ece The process of mandatory registration of import contracts for several copper and aluminium items under the ‘Non-ferrous metal import monitoring system’ has kicked-in
Commerce ministry makes import registration compulsory for host of aluminium, copper products – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/commerce-ministry-makes-import-registration-compulsory-for-host-of-aluminium-copper-products/articleshow/81908490.cmsSynopsis The copper items include blister copper, refined copper, copper bars, certain copper rod, copper alloys and sanitary ware.Similarly, the aluminium products include ingots,
Defying the Covid-19 pandemic: Buoyant exports of ‘core’ products signal trade edge – The Financial Express
Clipped from: https://www.financialexpress.com/economy/defying-the-covid-19-pandemic-buoyant-exports-of-core-products-signal-trade-edge/2226796/ India’s exports of ‘core’ products, or goods excluding petroleum and gems & jewellery, have accelerated at a quicker pace than that of overall
How much longer can the rupee stay strong? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-much-longer-can-the-rupee-stay-strong/2226596/ Over the past year, the rupee has already strengthened by around 4% against the dollar, while most emerging market currencies have been broadly
Chip shortage impacts Stellantis, Nissan, Nio – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/chip-shortage-impacts-stellantis-nissan-nio/article34179232.ece Automakers announce output cuts Stellantis NV and Chinese electric vehicle maker Nio became the latest carmakers to announce new production cuts as a
Clearing the Suez Canal took days. Figuring out the costs may take years. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/clearing-the-suez-canal-took-days-figuring-out-the-costs-may-take-years-/articleshow/81812405.cmsSynopsis Teams from the German company that hired the crew and a consortium of insurers for the ship’s owner are just starting to investigate
The stuck container ship on the Suez Canal was a metaphor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/the-stuck-container-ship-on-the-suez-canal-was-a-metaphor/articleshow/81815390.cmsSynopsis Long-distance supply chains hide costly risks and those risks may help usher in a new stage of global commerce The March 23 grounding
India’s March trade deficit widens to $14.11 billion – govt – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-march-trade-deficit-widens-to-14-11-billion-govt/articleshow/81848841.cmsSynopsis Merchandise exports rose 58.23% in March from a year earlier to $34 billion, while imports were up 52.89% to $48.12 billion, the data
Exports jump 58.23% to $34 billion in March; 7.4% dip in 2020-21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-58-23-per-cent-to-usd-34-billion-in-march-7-4-per-cent-dip-in-2020-21/articleshow/81851617.cmsSynopsis In March 2020, the exports stood at USD 21.49 billion, which was a decline of about 34 per cent over March 2019 due
India’s March gold imports surge 471% to a record 160 tonnes: Government source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-march-gold-imports-surge-471-to-a-record-160-tonnes-says-government-source/articleshow/81851788.cmsSynopsis Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17% from an all-time high of
American exporters still face significant tariff, non-tariff barriers in India: USTR–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/american-exporters-still-face-significant-tariff-non-tariff-barriers-in-india-ustr/story/435443.html In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said while the Indian government pursued
Covid year in review: Four areas where India acquitted itself well during the worldwide pandemic crisis–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/covid-year-in-review-four-areas-where-india-acquitted-itself-well-during-the-worldwide-pandemic-crisis/ At the end of one year since the onset of Covid-19 crisis, India can take pride in its accomplishments in at least four
India records 0.2 pc current account deficit in December quarter – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-records-0-2-pc-current-account-deficit-in-december-quarter/2224170/ In the current fiscal, the current account had been in surplus in the previous two quarters, at USD 15.1 billion and USD 19
Govt extends current foreign trade policy till Sept 30–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/govt-extends-current-foreign-trade-policy-till-sept-30/story/435360.html The government had extended the Foreign Trade Policy 2015-20 for a year till March 31, 2021 on March 31, 2020 amid the coronavirus
CBIC notifies new system for filing bill of entry for importers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-notifies-new-system-for-filing-bill-of-entry-for-importers/article34197122.ece Hopes to facilitate faster clearance The Central Board of Indirect Taxes and Customs (CBIC) has notified a new system for filing Bills of
Higher import tariffs will hurt Atmanirbharta – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/higher-import-tariffs-will-hurt-atmanirbharta/article34200087.ece?homepage=true A well-calibrated Foreign Trade Policy is key to helping import competing industries. Higher import tariffs will hurt exports An overarching goal of the
DGFT extends deadline for track & trace system in pharma exports till April 1, 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/dgft-extends-deadline-for-track-trace-system-of-pharma-exports-till-april-1-2022/article34201149.ece?homepage=true The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementation of the track and trace system in pharma exports till
MSMEs look at Foreign Trade Policy for relief from up to 50% spike in input, fuel costs – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/msmes-look-at-foreign-trade-policy-for-relief-from-up-to-50-spike-in-input-fuel-costs/articleshow/81752705.cmsSynopsis The Ministry of Commerce and Industry is likely to roll out its new foreign trade policy for a five-year period effective from April
Govt likely to extend further current foreign trade policy – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-likely-to-extend-further-current-foreign-trade-policy/2223488/ FTP provide guidelines for enhancing exports to push economic growth and create jobs. In such a policy, the government announces support measures for
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