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EXPORT ELIGIBILITY
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...- 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...
- India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
- DRI uncovers Rs 2,500 crore duty evasion through fraudulent SAFTA claims on areca nutsThe Directorate of Revenue Intelligence has uncovered a major areca nut import racket involving fraudulent SAFTA claims and false declarati...
- ISM 2.0 will offer 30% capital subsidy, five-year PLI for chip ecosystemThe PLI will be set at 10% of the domestic bill of materials (BoM) value in the first year, staggered to 8%, 6%, 4% and 2% over the next fo...
- Looms of Ladakh rejects irregularity charges, says Pashmina cooperative acted within lawLooms of Ladakh Women Cooperative Ltd denies registration and functioning irregularities. The cooperative asserts its decade-long work foll...
- India's big billion-dollar trade deals are done. Now comes the real testIndia has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the...
- India’s new 15-year tax break could unlock global rough diamond tradeIndia is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This me...
- India-UK trade pact to boost agri, auto exports with lower tariffs, better market access: ExpertsThe India-UK CETA agreement enhances agricultural exports by reducing tariffs on processed food products. This pact improves India's price ...
- 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 ...
- Govt weighs PLI 2.0 with sharper focus on high-performing sectorsIndia is planning a second phase for its production-linked incentive programme. This new phase will support high-performing sectors and red...
- China steps up protection for chip designs in revised regulationsChina is beefing up its defenses for homegrown chip designs. New regulations are being rolled out to offer stronger legal protection, aimin...
- Social Stock Exchange: How it works and why investors should careEvery SSE listing goes through months of due diligence, financial and social audits. It connects credible social enterprises, both non-prof...
- DoT, Madhya Pradesh sign MoU for telecom manufacturing zone in GwaliorThe Department of Telecommunications and Madhya Pradesh government signed an agreement for a new manufacturing zone. This Gwalior facility ...
- Gujarat industry seeks easier access to incentives, lower cost of doing businessIndustry stakeholders say the opportunity for them lies in strengthening the link between its large industrial base and MSMEs while reducin...
- Trump vs Netanyahu over F-35s for Turkey: Why a fighter jet sale is creating a new US-Israel riftPresident Trump rejected Israeli concerns over F-35 jet sales to Turkey. Turkey was removed from the F-35 program after buying Russian S-40...
- Deepinder Goyal’s Temple eyes fresh funding; PE-VC exits shiftDeepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5.
- Chips, phones, and the Viksit Bharat playbookWith the mobile phone manufacturing scheme and ISM 2.0, the government has communicated a clear signal to the world that India is a long-te...
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