Global LNG: Asia spot steady at three-year high on outages, tender awards, oil
Exxon Mobil evacuated non-essential staff working in the highlands of Papua New Guinea due to unrest in the area but there have been no signs of LNG export disruptions as yet. “Beyond India, buyers are pretty shy about showing their requirements,” a ...
Tea concern over import tariff decrease
Siliguri: Representatives of small tea growers in India have written to Union commerce minister Suresh Prabhu, expressing concern over the reduction in the import tariff on tea as per the ASEAN Free Trade Agreement (AFTA). Such reduction in the tariff ...
Govt doles out higher incentives for garments, made-up exports
Federation of Indian Export Organisations president Ganesh Kumar Gupta asked commerce minister Suresh Prabhu to extend the MEIS benefits to other export sectors as well on Friday. The textile industry said the move would only offer interim relief.
Govt doubles incentives rates for garments, made-ups to 4 pc
INDIA IMPORT SCRAP: HMS buying gathers momentum amid stronger demand
Import ferrous scrap markets have improved in India over recent weeks thanks to low scrap stocks at steel mills and a rebound in the Turkish import market. “India has come up while international prices have also been increasing. India still needs to ...
ExportPortal.com Launches Brand Ambassador Search Across India and Dubai – PR Newswire India (press release)
ExportPortal.com Launches Brand Ambassador Search Across India and Dubai
PR Newswire India (press release)
Export Portal CEO Ally Spinu said at a recent event in Glendale, California, "Out of 120+ countries, India is currently the leading country on our international B2B e-commerce platform and we want to expand export and import of India and the Middle ...
Bio-fuel would boost agriculture, create jobs, cut pollution, says Nitin Gadkari – Financial Express
Bio-fuel would boost agriculture, create jobs, cut pollution, says Nitin Gadkari
Calling bio-CNG, ethanol and methanol cost-effective, pollution-free and import substitute alternatives, Union transport minister Nitin Gadkari today said the use of these alternative fuels will boost the agriculture sector and create new jobs. “Today ...
Black Friday: Top tech deals from Amazon's 4-day sale for India users
If the actual Import Fees are less than the Import Fees Deposit collected by us on your behalf, you'll automatically be refunded the difference to the payment method you used for the order,” Amazon explains. That said, the Oculus Rift along with motion ...
Black Friday 2017: Amazon India hosting sale on Global Store from today
DGAD initiates investigation on import of caustic soda from Saudi ...
In an attempt to protect the domestic industry, the Directorate General of Anti-dumping and Allied Duties (DGAD) has launched an anti-dumping investigation on ...
Pest attack dampens India's cotton export outlook - India Infoline
The problem was especially widespread in the western Indian state of Maharashtra, the country's biggest cotton producers.
Sri Lanka's higher TV content import levy to hurt Indian TV channels
MUMBAI: Ouch! India's content syndication executives are yelping in pain. Sri Lanka's (SL) finance & mass media minister Mangala Samaraweera, earlier this month, issued a set of regulations which increases the levy that the government will be imposing ...
Trade deficit with India no big deal: economist
Times of India
GST makes 'orphan drugs' prices soar
Times of India
According to guidelines, patients can import these lifesaving medicines (for personal use) which are not approved in India, by applying for an import permit and custom duty exemption. In addition to the 12% levy, patients need to cough up the freight ...
Russia's choppers made in India may be exported
The agreement between India and Russia for development of the advanced BrahMos system allows the use of the missile in both countries' armed forces and export to other friendly countries. And on Wednesday the BrahMos supersonic cruise missile was ...
Hindu Business Line
With garment exports in tatters, govt steps in with higher incentives
Hindu Business Line
India's apparel sector, which has witnessed a sharp fall in exports in the ongoing fiscal, is in for some immediate relief. The government will soon double the incentive for garment exporters under the Merchandise Export from India Scheme (MEIS).
Economic Times (blog)
Drop the tax demand on software exports
Economic Times (blog)
Countries export goods and services, not taxes: this is the general rule, commodities whose export is sought to be restricted forming the exception. India wants to boost, not curtail, software exports. Revenue has raised the tax demand under a rule ...
'Chinese checkers' with Indian trade data
Another reason for discrepancy in the data is that China records import on a cost insurance and freight (CIF) basis, which includes transport and insurance costs between the two countries. India records export on a free on board (FOB) basis, excluding ...
Government Imposes $850 Per Tonne Minimum Export Price On Onion To Boost Local Supplies
New Delhi: The government on Thursday imposed a minimum export price (MEP) of $850 per tonne on onion to increase domestic supplies and check rising prices. MEP is the minimum rate below which exports are not allowed. Onion MEP was scrapped in ...
Onions to Be Imported By MMTC to Check Price Rise
Centre sets minimum export price for onion as prices surge to highest in two years
Govt fixes Minimum Export Price at $850 per tonne
Minimum floor price of $850 per tonne imposed on export of onions
India set a minimum price of $850 per tonne for overseas sale of onions, a government order said on Thursday, as the price of the politically-sensitive vegetable surged to its highest in two years in the local market. Traders cannot export onions below ...
Return export benefits and pay service tax of Rs 10000 cr, says tax dept to IT firms – Moneycontrol.com
Return export benefits and pay service tax of Rs 10000 cr, says tax dept to IT firms
Around 200 IT and ITeS companies have been served notices to give back export incentives they had received on providing software services to clients outside India. In addition to this, these firms also have to pay 15 percent service tax along with ...
IT, ITeS companies jittery over Rs 10000 crore tax demand
Pink bollworms eat up crop, deter India's record cotton production
Wardha: India is likely to export nearly one-fifth less cotton than previously estimated as pink bollworms are set to eat into the south Asian country's output which was expected to hit a record, industry officials told Reuters on Thursday. Lower ...
India imports filthiest fuel, offers tax advantage
In contrast, India increased the import of pet coke because it was cheaper than the alternative fuels like pulverized coal or light diesel oil that was used until recently. The declining air quality index across the country has, however, is forcing ...