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CUSTOMS CLEARANCE BOTTLENECKS
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...- Cable, DTH vs streaming: Battle lines drawn at Trai over FAST TV rulesIndia's old television distributors and new digital companies are in a regulatory fight. The debate is about whether internet-delivered TV ...
- Standstill in India gold imports drags on, threatens supplyIndian banks face an unprecedented five-week halt in gold and silver imports, causing domestic prices to surge and threatening shortages. A...
- Nvidia rival Cerebras discloses US IPO filing as AI boom drives listingsCerebras Systems revealed its filing for a US initial public offering on Friday, bringing the Nvidia rival closer to the public markets as ...
- Tariff relief on US nuts could lower landed costs by up to 50%, boost consumption: NDFC PresidentWith the US accounting for nearly 93% of India’s almond imports, trade liberalisation under the FTA could redefine sourcing, retail pricing...
- Continuous cheque clearing hits roadblocks, customers face long waitsA new cheque clearing system, intended for same-day clearance, is facing significant delays and rejections due to initial technical glitche...
- View: The biggest challenge in fight against Covid pandemic begins nowThe enormity of the challenge arises from the need for vaccines to reach remote, poorly connected areas, and the necessity to store and tra...
- Automation of cargo clearance processes to improve trade facilitation: ADBThe pandemic has underscored the importance of trade facilitation within South Asia and with the region's neighbours, said the blog written...
- Govt, exporters to talk customs issues todayThe consultative meeting will also discuss quality and cost of services provided by intermediaries in the customs environment.
- Scrap import licence norms for radio frequency equipment: COAIIn a submission to the telecom regulator on 'ease of doing telecom business in India', COAI has also said that the Trai Act should be "revi...
- Taking steps to discourage import of bulk drugs: GovernmentThe government is clearing bottlenecks like environment clearance which the manufacturers are facing in order to give boost to domestic man...
- Government to simplify customs norms,to reach out to ports, airports, border areasThe agreement is part of the WTO’s Bali ministerial package of 2013 and will come into force after it is formally accepted by two-thirds of...
- Following SC observation, real estate companies say building plans approved only after environment clearanceEnvironment clearance, however, has been a sore point with builders because it is the biggest contributor to delays in building projects.
- Government sets up CCFCs at ports to expedite customs clearanceThe CCFC will be headed by the chief commissioner of customs/commissioner of customs in charge of the seaport and airport concerned.
- Government cuts Customs clutter, to set up high-level clearance bodyAny delay in securing the approval from one regulatory agency holds up the Customs permission, said the Central Board of Excise and Customs.
- Deloitte calls for integrated approach to develop portsDeloitte called for an urgent need on a holistic approach while developing such terminals, saying support infra like road & rail connectivi...
- Power Ministry seeks tax sops for hydropower gearIf accepted, the move would benefit companies like NHPC, NTPC, GMR and Jaiprakash Associates that are implementing hydroelectric projects.
- Coal mining reforms on the cards: Sriprakash Jaiswal, Coal MinisterImmediate removal of hurdles in environmental clearance of coal projects and public-private partnership in coal transportation are necessar...
- Simplifying logistics through automationSoftlink Global helps Wilson Sandhu Logistics speed up its customs compliance processes.
- Govt focuses to remove export bottlenecksWith India's exports surging by nearly 35 per cent this year, the government is now focusing on removing bottlenecks, simplifying procedure...
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