In a first, India is all set to import 1.2 mn tonne of genetically modified soyameal, used as livestock feed, after the environment ministry and DGFT cleared the air on the GM issue, an official said
Feed meal prices have risen due to a staggering 64% increase in prices of soymeal, which is one of the main constituents of feed meal along with maize
The crisis in the global shipping industry has been largely on the back of uneven post-Covid recoveries of the major importing and exporting countries, according to a report by Drip Capital
The India-Pakistan cease-fire marked a milestone in secret talks brokered by the UAE, Bloomberg reported earlier this month
The system would help gather advanced information on imports of these products and make it available to the stakeholders, including government and domestic industries
Section 28DA of the Customs Act requires an importer to possess sufficient information about origin of imports, where preferential tariff treatment has been claimed.
Statscan revised July's trade deficit to C$2.53 billion from an initial C$2.45 billion.
From Facebook saying zero tolerance on hate speech to Delhi Metro seeing pick up in ridership, here are top headlines this morning
Creation of import barriers must be avoided
Move is in line with govt's 'Atmanirbhar Bharat' objective
Automobile industry bodies SIAM and ACMA expressed concern over import consignments from China being subjected to manual inspection
Surplus in trade services stood at $7.45 billion for December
Policymakers worried over dwindling imports, which contracted for 7th month
The 5/2019 notification grants exemption on goods imported by EOUs from the whole of customs duty leviable thereon under the First Schedule to the Customs Tariff Act, 1975
Free shipping bills as well as third party exports can be counted towards discharge of EO against EPCG authorisations
Providing fiscal support to domestic exporters of those sectors hit by the US decision and imposing retaliatory duties are also among the options considered by India
A government source said India may raise import duties on components used in mobile handsets, most of them imported from China, as one of the measures
Centre's strategy on cutting imports of non-essential items unlikely to have a significant impact, say experts
The government's justification for raising the import tariffs from February 2 was to provide protection to the local industry among others
The government had earlier this month put restrictions on imports of tur