Economic Survey 2024-25: New ‘Trade Connect e-Platform’ launched to help exporters access new marketsFinance Minister Nirmala Sitharaman highlighted India’s efforts to bolster exports through improved logistics, paperless transactions, and ...
Budget 2025: Easing compliance burden to boost trade efficiencySome steps like resolving input tax credit issues, automating GSTR forms, and improving refund timelines have been taken. However, challeng...
Modi 3.0 100 days: Commerce ministry takes several steps to support MSME exportersThe commerce ministry has introduced several measures to support MSME exporters facing global challenges. These include the launch of the '...
DGFT conducting study to identify and align best global practices in trade financeThe Directorate General of Foreign Trade (DGFT) is exploring global trade finance practices to align with India's future needs. Over 2.5 la...
Pilot launch of upgraded electronic bank realisation certificate system for exporters from Nov 15The commerce ministry plans to soft-launch the revamped electronic Bank Realisation Certificate (eBRC) on November 15. The eBRC is an essen...
Exporter status certificates to be issued based on available electronic data: Commerce MinistryThese certificates provide certain privileges, including simplified procedures under foreign trade policy (FTP) and priority custom clearan...
RBI to soon issue guidelines to banks for resolution of certain rupee trade issues: OfficialThe Reserve Bank of India (RBI) will soon issue guidelines for banks for the resolution of certain issues being faced by exporters while un...
Service sector exports likely to touch USD 350 billion this fiscal: SEPCIndia's services sector exports touched an all-time high of around USD 250 billion in FY22.
India's Jan trade deficit widens to $14.73 billion: Trade ministryTrade deficit had narrowed to $13.08 billion in December.
Flow of credit, caution listing, GST refunds a concern for exports: Industry tells govtFIEO President Ganesh Kumar Gupta said global trade has entered a tough phase in the second half of 2018
Exports payments worth Rs 100 crore pending with IranThe apex body of engineering exporters has received representations from its various members explaining how their payments have been blocke...
DGFT, GSTN sign pact for sharing forex, trade related dataThe sharing of data pertains to Bank Realisation Certificate (BRC) which is issued by banks based on realisation of payment against export ...
GSTN inks pact with DGFT for sharing forex realisation dataGSTN is a not-for-profit, non-government, private limited company promoted by the central and state governments with the specific mandate t...
GSTN inks MoU with DGFT for sharing of forex realisation dataThe MoU was signed by Director General of Foreign Trade Ajay K Bhalla and GSTN CEO Prakash Kumar.
Government launches online platform for all project approvalsThe government has launched a fresh initiative to help companies get over five dozen approvals to start a project through a single online p...
ED signs MoU with DGFT for sharing forex realisation dataForeign exchange realisation data, also called as eBRC, is a significant step in reducing the transaction cost of exporters.
DGFT inks MoU with Delhi govt for use of e-BRCIt would help reduce transaction cost to exporters, who will not be required to make any request to bank for issuance of bank export and re...