China to impose anti-dumping deposits on cypermethrin from India

Cypermethrin, an insecticide used in agriculture and sanitation, controls pests on crops such as cotton, vegetables, corn, and flowers, according to the ministry.

The Indian government has mandated certification under the National Programme for Organic Production (NPOP) for the export of organic products to ensure adherence to specific standards. With a target of USD 2 billion in exports by 2030, standards ensure product authenticity and quality, promoting exports to various global markets.

The government will not ask laptop makers to cut down imports immediately. It expects local production to grow, with HP and Dell boosting output from the next fiscal year. A new financial incentive plan is being finalised to attract chip makers. The target is to improve the competitiveness of India-made products without disrupting current supplies.

Senior officials from the commerce ministry and Indian Missions of 20 countries will hold a three-day meet to discuss ways to promote exports of goods and services. Commerce Minister Piyush Goyal will engage with commercial representatives on January 6. The discussions will focus on opportunities, challenges, and strategy for six key product categories to 20 […]

AEPC is requesting the government remove certain tax provisions and customs duties to support apparel exporters. They have also asked for an interest equalization rate and extension of tax benefits for new manufacturing units. Additionally, they want the e-commerce cap and export realization period increased to encourage growth in the sector.

The government has approved the export of 2 lakh tonnes of wheat to Nepal via National Cooperative Exports Limited (NCEL), despite a general wheat export ban. Separately, the DGFT exempted advance authorization holders, EOUs, and SEZs from the $3.5/kg minimum import price (MIP) condition on synthetic knitted fabric imports to support production and trade.

India and Iran reviewed their relationship, focusing on Chabahar port development, trade, and economic cooperation. They discussed ways to resume Iranian crude oil procurement, regional issues, and boosting tourism. Both sides stressed Chabahar’s role in Afghanistan’s reconstruction and their commitment to deeper multilateral cooperation in organizations like the UN, BRICS, and SCO.

The Directorate General of Foreign Trade (DGFT) mandates stakeholder consultations for drafting Foreign Trade Policy to ensure inclusive participation. Amendments reflect the commitment to ease of doing business, but the government reserves final decision-making power to handle conflicting opinions.

Commerce and Industry Minister Piyush Goyal stated that despite global economic uncertainties, India’s exports of goods and services are anticipated to surpass USD 800 billion this fiscal, setting a new record. The previous fiscal year saw exports at USD 778 billion. India’s export basket is large, and services exports are growing rapidly, indicating a resilient […]