Egypt is ready to be India’s gateway to Europe, Africa & W Asia: Hossam Heiba, CEO, GAFI

2 years ago

Egypt is located at the crossroads of Africa, Asia, and Europe. This gives it a strategic location for trade and investment. The Suez Canal, which is one of the world’s busiest shipping routes, is located in Egypt. This provides foreign investors with access to a large market of consumers and businesses in the MENA region, […]

US conducted countervailing probe on certain Indian goods: Anupriya Patel

2 years ago

The US has conducted countervailing investigations on certain Indian goods, including paper file folders and common alloy aluminum sheet, according to Minister of State for Commerce and Industry Anupriya Patel. The European Commission (EC) has also conducted a similar probe on certain graphite electrode systems.

Services exports hit USD 192 bn so far this fiscal: SEPC

2 years ago

India’s services exports is now just shy of $200 billion so far in this fiscal year that started April 1 and are likely to jump to $400 billion by the end of the financial year, according to SPEC. Sectors such as tourism, hospitality and medical value tourism are now showing revival signs after the Covid-led […]

Union Minister Piyush Goyal discusses progress of FTA negotiations during meeting with EFTA delegation

2 years ago

Union Commerce and Industry Minister Piyush Goyal held a meeting with the European Free Trade Association (EFTA) delegation led by Swiss State Secretary for Economic Affairs, Helene Budliger Artieda, and Norwegian Minister of Trade and Industry, Jan Christian Vestre, on Wednesday.

Ship building and repair clusters will be developed in coastal cities: Sonowal

2 years ago

Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal announced plans to establish ship building and repair clusters in strategic locations such as Mumbai, Kochi, Chennai, Gujarat, Goa, Vishakhapatnam, Andaman and Nicobar, and Odisha. The India Middle East Europe Economic Corridor plan will include building next-generation mega ports in India, with the Vadhavan and Tuna Tekra […]

Govt exempts rice exports to some European nations from inspection certificate for 6 more months

2 years ago

India deferred the mandatory requirement of a certificate of inspection by export inspection agencies for shipping both basmati and non-basmati rice to certain European countries by six more months. EIC is the official export certification body of India which ensures quality and safety of products exported from India.

Meghalaya exports 20 metric tons of Khasi Mandarin to Dubai

2 years ago

The Directorate of Horticulture and Meghalaya State Agricultural Marketing Board orchestrated the flagging off ceremony of 20 metric tons of Khasi Mandarin to Dubai.

India exports 26 lakh tonnes of basmati rice, 73.18 lakh tonnes of non-basmati rice in Apr-Oct: Govt

2 years ago

India has exported 26.08 lakh tonnes of basmati rice and 73.18 lakh tonnes of non-basmati rice during the April-October period of this fiscal year. In a written reply to Lok Sabha, Agriculture Minister Arjun Munda shared export data of major food grains.

ET Explainer: What’s in a number? A lot when it is numerical code HSN

2 years ago

In India, declaring a 4-digit HSN code is mandatory on goods and services tax (GST) invoices by businesses with turnover up to Rs 5 crore and a 6-digit code on invoices by businesses with a turnover of more than Rs 5 crore

Indian goods worth USD 3.7 billion entering Oman to get boost by free trade agreement: GTRI report

2 years ago

India and Oman are in the process of negotiating a Comprehensive Economic Partnership Agreement (CEPA), and a report by think tank Global Trade Reproach Initiative (GTRI) highlights that over 83.5% of Indian goods, worth $3.7 billion, such as gasoline, iron and steel, electronics, and machinery, could receive a significant boost in Oman once the agreement […]

Egypt is ready to be India’s gateway to Europe, Africa & W Asia: Hossam Heiba, CEO, GAFI

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