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April 25, 2024
Additional Secretary in the Department of Commerce Anant Swarup said that the Asian Development Bank has been requested to conduct a study in this regard.
March 31, 2024
Exporters Seek Exemption From 45-day Payment Rule: The new rule, Section 43B(h) of the Income Tax Act, introduced in the Finance Act 2023, is designed to make sure small businesses get paid on time. It allows companies to get tax breaks if they pay their small business suppliers within the time limits set by the MSMED (Micro, Small and Medium Enterprises Development) Act, 2006.
March 13, 2024
India primarily imports gold from the Dominican Republic and exports pharmaceuticals, marine products, motor vehicles, two and three wheelers to them.
February 17, 2024
India’s goods exports picked up slightly in January. But conflict in Red Sea continues to pose risk
January 22, 2024
Moneylife is a comprehensive online resource for news and opinions on personal finance like stocks, mutual funds, loans, insurance, credit cards, real estate and on companies, banking, finance and industry sectors from India.
January 19, 2024
The commerce department has begun the exercise with barriers such as registration requirements, higher pesticide levels and domestic standards, put up by Africa and 12 Central Asian countries, including Russia, and would then study the restrictions imposed by other trading partners.
November 16, 2023
The gap between exports and imports widened to $31.46 billion on the back of a jump in gold imports, official data released Wednesday showed. It was at $19.37 billion in September and $26.3 billion in October last year. Gold imports rose 95% to $7.23 billion last month.
November 16, 2023
India Imports: The gap between exports and imports widened to $31.46 billion on the back of a jump in gold imports, official data released Wednesday showed. It was at $19.37 billion in September and $26.3 billion in October last year. Gold imports rose 95% to $7.23 billion last month.
October 13, 2023
Indian exports decline by 2.59% YoY to $34.47 bn in September
October 9, 2023
The Indian government is considering imposing a 25% duty on the export of molasses due to an expected decline in sugar production. The move aims to increase the availability of molasses for domestic distilleries, helping them meet the governments ethanol blending target. India experienced a dry August, causing damage to the sugarcane crop in key cane-producing states.