India to set up central processing department for faceless trade facilitationA central processing department will be established within the Directorate General of Foreign Trade. This new unit aims to implement a face...
ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
India eases raw sugar import rules as it cracks down on hoardingThe government has extended the processing window for duty-free raw sugar imports. This move aims to increase domestic sugar availability b...
DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding yearsThe government has relaxed export house status eligibility criteria for exporters. Exporters now qualify with performance in any two of thr...
Foreign trade policy changes to boost rupee internationalisation, add flexibility for exporters: CII's Sanjay BudhiaNew foreign trade policy amendments will ease exporter invoicing and payments in Indian rupees. This move promotes rupee internationalizati...
Rules eased to help exporters receive payments in rupeesIndia has eased rules for rupee-based export payments, allowing exporters to invoice and receive payments in Indian currency or foreign cur...
India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
MSME Ministry holds seminar at IIT Madras to help small businesses go global through digital commerceA national seminar at IIT Madras focused on enabling Indian MSMEs to tap global markets. Policymakers and experts discussed digital commerc...
India imposes minimum import price on clear float glass to curb cheaper importsTo safeguard its local glass industry, India has enacted a minimum import price for clear float glass, directly benefiting manufacturers li...
Govt issues advisory against two Bhutanese cos on trade risksThe government has advised exporters, banks and trade bodies to exercise heightened caution while dealing with Bhutan-based Legoy Powerspor...
DGFT removes physical duty payment challans for export obligation discharge certificate applicationsExporters will no longer need to present physical duty payment challans for EODC applications. The integration of authenticated payment dat...
More exporters leveraging benefits of free trade pacts: GovtIn 2025-26, India's ten largest import partner countries were China, UAE, Russia, US, Saudi Arabia, Iraq, Hong Kong, Switzerland, Singapore...
EXIM Bank to be implementing agency for interest subvention support for exporters: DGFTThe commerce ministry announced EXIM Bank will implement export credit interest subvention. This transition from the Reserve Bank of India ...
Govt mandates exporter registration for FDI-backed ecommerce inventory exportsForeign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods...
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exportsForeign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...
Commerce ministry notifies norms for inventory-based e-commerce exportsNew government norms permit foreign investment in inventory-based e-commerce for exports. Companies must register as Exporter-on-Record to ...
Import restriction on low-priced PVC resin may push domestic prices: GTRINew import restrictions on low-priced PVC resin will affect foreign suppliers. Domestic prices for this key raw material are expected to in...