Shreya Nandi

DPIIT asked to nudge ministries to hold talks with beneficiaries

Deal to focus on wider market access for goods and services

Everstone in talks to sell 41% stake in India's Burger King franchisee

Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a 40.9 per cent stake in Restaurant Brands as of March 31, according to Refinitiv data

During May-March (2022-23), out of 110 MTs TRQ of gold allocated, only 8.1 MT was imported

During May-March (2022-23), out of 110 MTs TRQ of gold allocated, only 8.1 MT was imported

Commerce department likely to tweak some SEZ rules in DESH Bill

Under the trade norms, a WTO member's food subsidy bill should not breach the limit of 10 per cent of the value of production

Services exports likely to see sharper jump, estimated to cross $320 billion in FY23 from $254 billion a year ago

These projects will provide multimodal connectivity and seamless movement of goods and passengers, and increase logistics efficiency across the country

Besides, since importers are not able to clear their goods at the ports, the CBIC has urged shipping lines to waive detention and demurrage charges till April 10

Non-compliance may result in a penalty

With this, the trade growth is below the 12-year average of 2.6 per cent since the trade collapse that followed the global financial crisis in 2008

The fifth round of negotiations will be held in New Delhi from June 19-23, 2023

The idea will be to monitor the process of the district-wise export plan across all 750 districts across the country, and enable the states and DGFT regional authorities to upload all information

In case there is a change in the policy, the transition time in that case will help the exporter execute the contract, giving some certainty for the exporter

'There are other sectors, such as engineering goods, agriculture, food processing, where the potential is very high'

Targets $2 trillion in goods and services exports by 2030

Apart from that, under the policy, e-commerce as export hubs (ECEH) will be set up through private initiative or in public-private partnership (PPP) mode, in partnership with the states or the Centre

The achievement will be commendable, given that exports of several high-value items, such as wheat and rice, have been banned during the financial year to control inflation

"We aim to use technology in every sphere to serve the people of India in a big way. Today, we are showcasing our developmental model to the rest of the world," Goyal said