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  • DCGI gives nod to SII-manufactured Ebola vaccine for export to Uganda Dec 08, 2022 05:34 PM IST

    DCGI gives nod to SII-manufactured Ebola vaccine for export to Uganda

    The vaccine has been developed by Serum Institute in collaboration with Oxford University, UK. According to sources, this vaccine will be used for solidarity clinical trials in Uganda.

  • Commerce ministry shares with exporters Russia's list of goods for import from India Dec 07, 2022 12:26 PM IST

    Commerce ministry shares with exporters Russia's list of goods for import from India

    Russia, on which sanctions have been imposed by western countries due to its invasion of Ukraine, has shared a list of hundreds of items from sectors including pharmaceuticals, textiles, auto components, and chemicals.

  • How to curb the dumping of steel in India Dec 07, 2022 09:40 AM IST

    How to curb the dumping of steel in India

    Dumping by foreign manufacturers hurts domestic steel makers in the short term, but measures such as minimum import prices distort the market

  • India holds up export of 27,000 Vivo phones in clash with China Dec 07, 2022 07:22 AM IST

    India holds up export of 27,000 Vivo phones in clash with China

    The shipment is worth nearly $15 million, according to one of the people. The people declined to be named as the matter is not public.

  • Exporters demand fiscal support, credit at affordable rates in Budget Nov 24, 2022 02:54 PM IST

    Exporters demand fiscal support, credit at affordable rates in Budget

    In a pre-budget meeting with Finance Minister Nirmala Sitharaman, Federation of Indian Export Organisations (FIEO) said depreciation of the rupee against the US dollar is affecting exports' competitiveness and due to that the sector requires more support.

  • Pre-Budger meet: Farmers' bodies ask govt to lift export ban on wheat, other agri items Nov 22, 2022 05:33 PM IST

    Pre-Budger meet: Farmers' bodies ask govt to lift export ban on wheat, other agri items

    They also demanded that the government should focus on increasing domestic output of local oilseeds such as soyabean, mustard, groundnut and sunflower, instead of palm.

  • As free trade deal with India squeaks through Aussie parliament, here's all you need to know Nov 22, 2022 01:23 PM IST

    As free trade deal with India squeaks through Aussie parliament, here's all you need to know

    Indian parliament is yet to pass the Australia-India Economic Cooperation and Trade Agreement that was signed in April this year

  • Removal of export duty to help steel makers pull up profits, say experts Nov 22, 2022 01:14 PM IST

    Removal of export duty to help steel makers pull up profits, say experts

    The government has cut the export duty on steel products and iron ore to nil with effect from November 19, 2022 -- six months after imposition of the levy on May 21.

  • Removal of export duty will lead to new era of growth for steel industry: Jyotiraditya Scindia Nov 21, 2022 01:12 PM IST

    Removal of export duty will lead to new era of growth for steel industry: Jyotiraditya Scindia

    The government has cut the export duty on steel products and iron ore to nil with effect from November 19, 2022 -- six months after imposition of the levy on May 21.

  • India's export to UAE rises 17.6% to USD 18 billion in April-October this fiscal Nov 16, 2022 07:30 PM IST

    India's export to UAE rises 17.6% to USD 18 billion in April-October this fiscal

    Imports during April-October 2022-23, on the other hand, increased by 33 per cent to USD 32.3 billion from the UAE, the data showed.

  • India likely to import 64% less soyabean; nil soyabean meal in 2022-23: SOPA Nov 16, 2022 03:02 PM IST

    India likely to import 64% less soyabean; nil soyabean meal in 2022-23: SOPA

    The country had imported 5.55 lakh tonnes of soyabean during the 2021-22 season (October-September)

  • India in talks to export green hydrogen, official says Nov 10, 2022 11:07 AM IST

    India in talks to export green hydrogen, official says

    "We are in a position to make green hydrogen as our main source of energy in the future," Prabhat Kumar, an additional secretary of the external affairs ministry, said at an industry event.

  • India seeks to include steel in export incentive scheme: Source Nov 09, 2022 12:21 PM IST

    India seeks to include steel in export incentive scheme: Source

    The Remission of Duties and Taxes on Export Products (RoDTEP) scheme offers refunds against various embedded taxes to exporters across sectors such as automobiles and agricultural produce, with steel exports presently outside its remit.

  • Cochin shipyard Ltd bags Rs 1000 crore worth international export order Nov 09, 2022 12:01 PM IST

    Cochin shipyard Ltd bags Rs 1000 crore worth international export order

    The contract is valued at around Rs 1000 crore, with potential for more orders in the series, a CSL statement here said.

  • ISMA hails sugar export policy, confident of govt nod for additional 3 million tons Nov 07, 2022 02:06 PM IST

    ISMA hails sugar export policy, confident of govt nod for additional 3 million tons

    While the industry had requested the government to allow exports of 9 million tonnes of sugar, the Food Ministry on November 5, permitted only 6 million tonnes on a quota basis till May 31 of the 2022-23 season (October-September).

  • Joe Biden administration expects deal with allies on China export curbs soon Oct 27, 2022 09:26 PM IST

    Joe Biden administration expects deal with allies on China export curbs soon

    This month, the Commerce Department published a sweeping set of export controls, including measures tightly restricting Chinese access to U.S. chipmaking technology, vastly expanding its reach in its bid to slow Beijing's technological and military advances.

  • Indian exporters hold off dollar sales eyeing better returns, hurting rupee Oct 21, 2022 12:19 PM IST

    Indian exporters hold off dollar sales eyeing better returns, hurting rupee

    The rupee breached the 83 per dollar mark in a dramatic fashion on Wednesday, once the Reserve Bank of India stopped protecting it at 82.40 levels.

  • CII urges government to consider lowering freight, power costs for exporters Oct 20, 2022 03:44 PM IST

    CII urges government to consider lowering freight, power costs for exporters

    CII National Committee on EXIM Chairman and Patton Group's MD Sanjay Budhiaalso asked for fast-tracking establishment of an export promotion body.

  • India will achieve $2 trillion export target by 2030: Piyush Goyal Oct 17, 2022 07:31 AM IST

    India will achieve $2 trillion export target by 2030: Piyush Goyal

    Piyush Goyal emphasised on sustaining the export momentum and said that he is confident that Indian exports will be able to wither the global headwinds and will surpass growth in exports by a big margin.

  • China faces its "Sputnik" moment as US export curbs deal a blow to its chip ambitions Oct 13, 2022 12:48 PM IST

    China faces its "Sputnik" moment as US export curbs deal a blow to its chip ambitions

    Under sweeping new regulations announced by the Biden administration on Oct. 7, U.S. companies must cease supplying Chinese chipmakers with equipment that can produce relatively advanced chips unless they first obtain a license.

  • U.S. gives reprieve from export curbs to at least two non-Chinese chipmakers in China: Sources Oct 12, 2022 07:29 AM IST

    U.S. gives reprieve from export curbs to at least two non-Chinese chipmakers in China: Sources

    The Biden administration had planned to spare foreign companies operating in China such as South Korean memory chip makers SK Hynix Inc and Samsung Electronics Co from the brunt of new restrictions, but the rules published on Friday failed to exempt such firms, the sources said.

  • Exporters fear further margin squeeze as GST exemption on freight goes Oct 11, 2022 01:57 PM IST

    Exporters fear further margin squeeze as GST exemption on freight goes

    The government has decided to discontinue GST exemption on ocean freight at 5 percent and air freight at 18 percent from October 1, 2022. Exporters, already facing a decline in demand in the US and Europe, are hurt more by the move. They say the move will hurt them as freight rates are yet to get back to pre-Covid levels

  • India's exports dip by 3.52% to $32.62 billion in September: Govt data Oct 03, 2022 11:08 PM IST

    India's exports dip by 3.52% to $32.62 billion in September: Govt data

    Imports during the month, however, grew by 5.44 per cent to USD 59.35 billion as against USD 56.29 billion in September 2021, the data showed.

  • Govt asks customs to allow export of rice consignments with limited quantity of broken rice Sep 28, 2022 07:43 PM IST

    Govt asks customs to allow export of rice consignments with limited quantity of broken rice

    The government imposed a ban on the export of broken rice with effect from September 9 to increase domestic availability.

  • How resilient is the growth in India’s merchandise exports? Sep 27, 2022 04:34 PM IST

    How resilient is the growth in India’s merchandise exports?

    That several of the top export categories exhibited record volume growth in FY22 as compared to FY21 as well as pre-COVID-19 levels, indicates a distinct possibility for India to achieve the ambitious exports target set by the government