FIEO

The commerce ministry has asked export promotion councils to work on export targets for current fiscal year and chalk out a detailed road map to achieve that. According to exporters, issues related to the country's outbound shipments were…

NEW DELHI: India’s exports inched up by just over 2% to $36. 3 billion in July, while imports jumped 46% to $66. 3 billion, pushing up the trade deficit to new high, official data released by the commerce department on Friday showed. July’s…

<!-- -->US became India's top trading partner in 2021-22, surpassing ChinaNew Delhi: The United States of America (USA) surpassed China to become India's top trading partner in 2021-22, reflecting strengthening economic ties between…

<!-- -->Taxpayers can seek IGST refund on ocean freightNew Delhi: Taxpayers who have paid GST on 'Ocean Freight' on imported goods will be entitled to claim refunds, following the Supreme Court verdict, provided they have not claimed…

Exports rose by 24.22 per cent to a monthly record high of $38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to $20 billion during the…

Nepal’s decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country’s central bank — Nepal Rastra Bank — last week instructed commercial banks not to open letters of credit (LCs) for…

Cotton imports earlier attracted 5% customs duty and 5% Agriculture Infrastructure Development Cess Cotton imports earlier attracted 5% customs duty and 5% Agriculture Infrastructure Development Cess The government's decision to waive…

The country's exports for the first time  crossed the $400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according to the commerce ministry's data…

India's exports rose by 22.36 per cent to $33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to $21.19 billion, according to preliminary data…

The Export Credit Guarantee Corporation (ECGC) has decided to withdraw coverage for shipments to Russia with effect from February 25, which is a huge setback for exporters, industry body FIEO said on Saturday.Amid the ongoing conflict…