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Interim Budget 2024: Commerce department seeks 10% hike in Rodtep

For the current financial year, the finance ministry had allocated Rs 15,069 crore towards the scheme. A 10 per cent jump will make the allocation for the scheme Rs 16,575.9 crore

Commerce department mulls strategy to help industry leverage FTAs better

The government also plans to set up a digital architecture to help the industry overcome the challenges that are specific to FTAs

Interim Budget 2024: Exporters seek higher allocation for MAI scheme

The scheme aims to promote India's exports on a sustained basis

UK delegation meets top govt officials in final push for trade agreement

For India, the cut-off date is model code of conduct. Talks will stop once it sets in

WTO meet: India to bargain for 'poor fishermen' in developing countries

The discussion comes against the backdrop of the global trade body trying to build a consensus on an agreement that aims to curb subsidies contributing to overcapacity and overfishing

Rodtep reimbursements: Govt likely to guide industry on documentation

The RoDTEP scheme allows refunds of the embedded non-creditable central, state and local levies paid on inputs to exporters and is compliant with World Trade Organisation (WTO) norms

Lok Sabha polls nearing, PMO reviews UK free trade agreement progress

Officials say 'political call' now needed to fructify proposed deal

India to push for public stockholding of food grains at WTO MC13

The official said that developed countries have demanded discussion on export restrictions-on items such as wheat-imposed by India

In Russia's egg crisis, Tamil Nadu town hopes to crack export opportunity

A combination of high inflation and sanctions imposed by the West has led to the egg crisis in Russia

Red Sea crisis: Comm dept asks FinMin to maintain credit flow to exporters

Shipping ministry asked to monitor trade volume at major ports in India

PLI scheme spurs Rs 1.03 trillion investment; boosts exports, jobs

While the incentive disbursement to companies participating in the scheme was Rs 4,415 crore as of now, the payout as of September was Rs 1,541 crore

PLI payout for FY24 may lag behind govt's estimate of over Rs 11,000 crore

Ministries asked to ensure scheme is 'aggressively' monitored

Will have 1 mn startups in the next 10 years: MoS IT Rajeev Chandrasekhar

Chandrasekhar along with other senior ministers from the government were marking and celebrating National Startup Day

Overall imports down 4% but shipments from Russia, China up: Govt data

Overall exports, meanwhile, increased 0.9 per cent, according to the data compiled by the commerce department

Leverage free trade agreements to our benefit, Piyush Goyal tells industry

There were also discussions on the priorities identified in the Foreign Trade Policy (FTP) 2023 and the strategies and measures to be adopted to take forward the export growth

Trade deficit falls to three-month low of $19.8 billion in December

Merchandise imports, meanwhile, grew 8.45 per cent to $58.25 billion, boosted by gold imports

The Red Sea crisis: Commerce department flags rising import cost

The Red Sea strait is vital for 30 per cent of global container traffic and 12 per cent of global trade

Govt seeks 'treaty status' from US for visa easing, trade boosting

Discussions on E1, E2 visas aimed at enhancing bilateral trade and investment

US urges transparency in India's IT import monitoring beyond 2024

USTR Katherine Tai emphasizes open communication with India on import policies

US to India: Ensure personal computer import rules don't hurt trade

The DGFT clarified that the present monitoring would apply to five specified products and not to all other items, such as desktop computers