directorate general of foreign trade

Indian banks should electronically transmit export data


July 27th, 2012 - 10:09 pm ICT by IANS
Chennai, July 27 (IANS) Banks in India should adopt the electronic bank realisation certificate (EBRC) scheme to reduce the transaction costs for exporters, said a top government official."The software glitches ... Read more...

Posted in Business |

Air India to import jet fuel directly


June 7th, 2012 - 9:02 pm ICT by IANS
New Delhi, June 7 (IANS) Air India wants to directly import jet fuel that would help the national carrier save around Rs.300 crore annually.To do this, the airline will seek ... Read more...

Posted in Uncategorized |

India allows fresh cotton exports


April 30th, 2012 - 6:08 pm ICT by IANS
New Delhi, April 30 (IANS) Succumbing to political pressure, the government Monday revoked the ban on cotton exports and said fresh exports will be allowed without any quantitative restrictions."A ... Read more...

Posted in Business |

India rolls back cotton exports ban


March 12th, 2012 - 6:45 pm ICT by IANS
New Delhi, March 12 (IANS) Buckling under domestic and international pressure, the Indian government Monday lifted the ban on cotton exports barely a week after imposing it.The government, however, ... Read more...

Posted in World |

Andhra seeks lifting of ban on cotton exports


March 7th, 2012 - 9:11 pm ICT by IANS
Hyderabad, March 7 (IANS) Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has urged the central government to lift the ban on cotton exports.In a letter to Prime Minister ... Read more...

Posted in Business |

Ministers’ panel to review cotton export ban


March 7th, 2012 - 4:44 pm ICT by IANS
New Delhi, March 7 (IANS) Just two days after the commerce ministry banned cotton exports, citing low output and increased domestic demands, Prime Minister Manmohan Singh Wednesday ordered a ... Read more...

Posted in Business |

India bans cotton export fearing lower stocks at home


March 5th, 2012 - 7:46 pm ICT by IANS
New Delhi, March 5 (IANS) India, the world's second largest producer of cotton, Monday banned all exports of the fibre with immediate effect, fearing a fall in availability in view ... Read more...

Posted in Business |

Government notifies direct fuel import by airlines


February 22nd, 2012 - 11:06 pm ICT by IANS
New Delhi, Feb 22 (IANS) The Indian government Wednesday notified direct import of jet fuel -- a long standing demand of the domestic airline industry -- and called upon ... Read more...

Posted in Business |

India to export 2.5 million bales of cotton by Feb 25


December 30th, 2010 - 8:44 pm ICT by IANS
New Delhi, Dec 30 (IANS) India will export 2.5 million bales of cotton by Feb 25, 2011 as prices have almost doubled in the international market within a year, Commerce Secretary Rahul ... Read more...

Posted in Business |

Tomatoes join high-priced onions, more supplies come from Pakistan (Intro Roundup)


December 24th, 2010 - 12:03 am ICT by IANS
New Delhi, Dec 23 (IANS) As onion prices continued to pinch, tomatoes too joined the league forcing the government to think of banning their exports. Meanwhile, more truckloads of onions came ... Read more...

Posted in Business |

Tomato exports may be banned as prices zoom


December 23rd, 2010 - 7:24 pm ICT by IANS
New Delhi, Dec 23 (IANS) After onions, the government may ban export of tomatoes too as their prices have nearly doubled in the past 10 days, Commerce Minister Anand Sharma said Thursday. ... Read more...

Posted in Business |

India to export 55 lakh bales of cotton in 2010-11


September 4th, 2010 - 5:05 pm ICT by IANS
New Delhi, Sep 4 (IANS) The government will allow cotton exports of up to 55 lakh bales in the current financial year, Commerce Secretary Rahul Khullar said Saturday. "The approximate quantity of exportable ... Read more...

Posted in Business |

India extends ban on milk products from China


June 24th, 2010 - 6:18 pm ICT by IANS
New Delhi, June 24 (IANS) India Thursday extended the ban on Chinese milk and milk products for another six months, a government statement said. "The central government further extends the prohibition on import ... Read more...

Posted in Business |

ASEAN envoys to visit northeast to boost trade, tourism


May 31st, 2010 - 8:46 pm ICT by IANS
Agartala, May 31 (IANS) Diplomats of the Association of Southeast Asian Nations (ASEAN) will soon visit the northeastern states to explore possibilities of promoting tourism and trade, officials said here Monday. "Union minister ... Read more...

Posted in Business |

Government may extend sops for exporters


May 6th, 2010 - 11:30 pm ICT by IANS
New Delhi, May 6 (IANS) The Indian government may extend sops for the exporters who are still reeling under the impact of the global meltdown, Commerce Minister Anand Sharma hinted here Thursday. Releasing ... Read more...

Posted in Business |

Exports rise 54 percent in March, fall for whole fiscal (Lead)


May 6th, 2010 - 7:53 pm ICT by IANS
New Delhi, May 6 (IANS) India's merchandise exports grew a healthy 54 percent in March to $19.9 billion, but the value of the outward shipments dipped 4.7 percent to $176.5 billion for ... Read more...

Posted in Business |

India bans import of CDMA mobile without unique number


October 23rd, 2009 - 7:25 pm ICT by IANS
New Delhi, Oct 23 (IANS) India has banned the import of CDMA mobile phones that do not have the unique serial number that enables tracking users. "Import of CDMA mobile phones without Electronic ... Read more...

Posted in Business |

Anand Sharma is new Board of Trade chairman


July 17th, 2009 - 8:04 pm ICT by IANS
New Delhi, July 17 (IANS) Commerce and Industry Minister Anand Sharma will succeed Aditya Birla group chief Kumar Mangalam Birla as chairman of the Board of Trade, an advisory body on export-import ... Read more...

Posted in Business |

Centre names Anand Sharma as new BoT chairman


July 17th, 2009 - 5:27 pm ICT by ANI
New Delhi, July 17 (ANI): The Government has named Commerce and Industry minister Anand Sharma as the new Chairman of the Board of Trade, ahead of the announcement of new Foreign Trade ... Read more...

Posted in National |

India bans import of toys lacking safety standards


June 17th, 2009 - 11:46 pm ICT by IANS
New Delhi, June 17 (IANS) India has announced restrictions till January 2010 on the import of all toys that fail to meet international safety standards. Hitherto, the ban only related to Chinese ... Read more...

Posted in Business |

India relaxes ban on import of Chinese toys (Lead)


March 2nd, 2009 - 7:59 pm ICT by IANS
New Delhi, March 2 (IANS) India Monday relaxed the general ban on the import of Chinese toys imposed over a month ago if such shipments come with certificates from independent agencies saying ... Read more...

Posted in Business |

India relaxes ban on Chinese toy imports


March 2nd, 2009 - 4:19 pm ICT by IANS
New Delhi, March 2 (IANS) The government has relaxed the ban imposed on import of Chinese toys, the Directorate General of Foreign Trade (DGFT) said a notification issued Monday. The DGFT notification said ... Read more...

Posted in Uncategorized |

India’s exports decline for fourth straight month


March 2nd, 2009 - 3:44 pm ICT by IANS
New Delhi, March 2 (IANS) India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the ... Read more...

Posted in Uncategorized |

India bans Chinese dairy products


September 25th, 2008 - 3:37 pm ICT by ANI
New Delhi, Sept 25 (ANI): India has banned import of dairy products, including milk, from China for three months following reports of deaths due to contamination in whitener in the neighbouring ... Read more...

Posted in National |

Norms amended for car imports by hospitality industry


May 28th, 2008 - 8:13 pm ICT by admin
New Delhi, May 28 (IANS) The norms for importing cars, sports utility vehicles and other high-end automobiles at lower tariff by the hospitality industry has been amended by the Indian government to ... Read more...

Posted in Business |

Cement export ban not applicable for SEZs: Kamal Nath


April 12th, 2008 - 6:38 pm ICT by admin
New Delhi, April 12 (IANS) A day after the government announced a ban on cement export to arrest prices, Commerce and Industry Minister Kamal Nath said Saturday that it is not applicable ... Read more...

Posted in Business |

India extends disputed export incentive scheme


March 31st, 2008 - 8:42 pm ICT by admin
New Delhi, March 31 (IANS) A popular export incentive scheme in India, challenged at the World Trade Organisation (WTO), has been given another extension, as the commerce ministry is yet to finalise ... Read more...

Posted in Business |

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