Global Trade Management Update: Simplifying complexity
As international trade volumes continue to hit records every year, shippers of all sizes are turning to applications to gain visibility and control of their
Daily Export Import News
Europe open for international trade, says German Chancellor Scholz
Asserting that Europe remains open for international trade, German Chancellor Olaf Scholz has said he is doing his utmost to ensure that the free trade
‘Rice diplomacy’ between India, Bangladesh and Myanmar
Bangladesh has offered over $40 a tonne more to Indian co-operatives to import 2.5 lakh tonnes of parboiled rice in a government-to-government deal compared with
Gold and silver jewellery to get a lot more expensive
Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold, silver and platinum and costume jewellery has
Anti-dumping tariffs lapse on French fry imports
The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed. In July
India’s services exports to cross USD 300 bn target for this fiscal: Piyush Goyal
The country’s services exports are doing “extremely well” and going by the current trend these outbound shipments would register about 20 per cent growth in
India raises naphtha import tax to boost local sourcing
India has increased its tax on naphtha imports to 2.5pc from 1pc earlier with an aim to boost domestic sourcing of the petrochemical feedstock, budget
Legislative Changes in Customs Laws
Under the newly proposed union Budget 2023 the Union Ministry has proposed certain major legislative changes in Customs Laws. The legislative changes are; Section 25
Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports
To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per
HIGH DEMAND FOR MEDICINAL PLANTS IN INDIA
India has 15 agroclimatic zones that comprise ~18,000 types of plants, of which 6,000-7,000 have therapeutic properties. These medicinal plants are used in numerous applications