Minister says DGFT will also discuss issue of high prices charged by shipping firms with the concerned govt dept
The move comes as a major relief to several entities that were denied refunds when they were exporting services to their parent or subsidiary companies abroad
Sources say the Centre has been working to create a stockpile of vaccines for India in case a third wave strikes
FIEO Vice Chairman Khalid Khan said that the continuous growth in exports since March will help in achieving the target of USD 400 billion for this fiscal
Exports of software services, including services delivered by foreign affiliates of Indian companies, recorded 2.1 per cent growth during 2020-21 and stood at $148.3 billion, as per a RBI Survey
Poonawalla said easing the export restrictions is a government of India's decision, and he will go by what the Centre feels is appropriate
Govt officials say they are cautious as they don't want to be trapped in the WTO quagmire
Merchandise imports continued to widen at $47.09 billion in August
Business Standard brings you the top headlines on Tuesday
The government should iron out the issues hindering the signing of Free Trade Agreements (FTAs) with the US and the EU nations: panel
Clearing their dues has been a long-standing demand of exporters
Old established production arrangements have broken down, there are new opportunities
APEDA on Friday inked an MoU with ICAR-Indian Institute of Millet Research for increasing exports through quality production and processing
This, despite a 45% YoY spike in shipment values; non-oil, non-bullion import growth was 34% YoY
The Centre on Thursday said India would start exporting Covid-19 vaccines after its public health needs are met
The Supreme Court Thursday asked the Centre to file its response in two weeks to a PIL seeking a direction to the CBI to register an FIR and probe the alleged duty evasion by 61 iron exporting firms including Essar Steel and Jindal Steel & Power in exporting iron ore to China since 2015. A bench headed by Chief Justice N V Ramana, which was initially of the view that a fresh petition was needed to be filed after withdrawing the present one, later asked the Centre to file its counter affidavit on the PIL filed by lawyer M L Sharma in his personal capacity. This is a serious matter if correct, the bench, also comprising Justice Surya Kant, said. Initially, the bench asked the lawyer to file a fresh petition dealing with the specific roles of companies which have been made parties to the PIL. Sharma said the bench, headed by the then CJI S A Bobde, had considered his submissions while issuing notice on the plea on January 15 this year. Earlier, he had said that the companies be ...
Taxes paid by exporters should be refunded swiftly
Top exporter India's 5% broken parboiled variety was quoted at $352 to $356 per tonne this week, down from last week's $354 to $358
Ajay Sahai says Taliban has stopped the movement of cargo through the transit routes of Pakistan, thereby stopping imports from the country
The government on Monday imposed restrictions on export of Covid-19 rapid antigen testing kits amid several experts warning of a possible third wave of the coronavirus pandemic