On laptops, we are of the view that there are no restrictions as such. We are only saying that somebody who is importing these laptops, have to be under close watch, so that we can look at these imports,” he said. Barthwal said: “It is basically monitoring, which we are doing. It has nothing to do with restrictions as such.”
GFT Technologies SE (ETR:GFT – Get Free Report) shot up 5.5% on Monday . The company traded as high as €26.90 ($28.32) and last traded at €26.38 ($27.77). 82,490 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 133,979 shares. The stock had previously closed at €25.00 ($26.32). […]
This follows a decision taken by the government that there won’t be any licensing or quota for companies to import products, at least till September next year. Representatives from the IT hardware industry along with officials from the ministry of electronics and IT (Meity) attended a meeting with DGFT on September 25 to discuss the registration process.
In a notification, the Directorate General of Foreign Trade (DGFT) said: “Export of 75,000 MT of non-Basmati white rice to the UAE is permitted through National Cooperative Exports Limited.” India exported $2.2 billion of non-Basmati white rice in FY23 of which Kenya, Madagascar, Benin and the UAE were among the top destinations.
India has lifted the ban on the export of non-basmati white rice and allowed the export of 75,000 tonnes to the UAE. The export was previously prohibited to control domestic prices and ensure food security. The exports will be permitted through National Cooperative Exports Limited, based on government permission and requests from other countries for their food security needs. India had previously allowed rice exports to Singapore and Benin is one of the major importers of non-basmati rice from India.