In July, the commerce department sought inter-ministerial comments on the DESH Bill that aims at replacing the existing special economic zone (SEZ) law
Also calls for greater cooperation among enforcement agencies of member countries
Move to steer clear of West sanctions on Russia deals
The new rule states that a unit will have to only maintain the lists of employees who are allowed to follow WFH or from any place outside SEZs
Expanded list of items will be applicable for exports made from December 15. Scheme outlay pegged at Rs 1,000 crore, says govt official
'As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time'
To start with, a small number of banks will be allowed to manage cross-border transactions in domestic currency with a particular country
India's balance of trade has worsened with countries with which it has signed free trade agreements
Trade between the two countries is expected to cross $45-50 bn in five years
The triggers: Ukraine war, high energy prices, monetary tightening by major economies
The clause was added to the agreement to encourage other countries to join the pact, making it a regional agreement, the sources said
After witnessing a robust growth for two years, foreign direct equity investments during April-September declined 14 per cent on year to $26.9 billion
Negotiations between India-GCC FTA expected in Jan-March quarter
The meeting took place at a time when external demand is waning as exporters are facing global headwinds of high inflation, currency depreciation and geopolitical tensions
Launch date of negotiation not divulged
There is a need to go beyond the usual buyer-seller meets and get more aggressive towards their ways to sell products in the Australian market, people aware of the matter told Business Standard
G20 Presidency an opportunity to showcase ODOP products
The three nations that saw positive growth in exports were the Netherlands (21.6 per cent), Singapore (24.8 per cent), and Brazil (57.7 per cent)
Exports may still face some curbs with the imposition of a duty instead of the complete ban that is currently in place, but matters are still at a discussion stage, say sources
Exports decline 17% to $29.78 bn in October