The directorate general of foreign trade (DGFT), had on Wednesday, notified that the import policy for unstudded jewellery made of gold, and other articles made of gold was amended to “restricted” from “free” except imports under the India-UAE free trade agreement.
SEZs out of gold import restrictions, govt clarifies
Energy, food security, and defence could very well be the focus areas when Prime Minister Narendra Modi touches down in Abu Dhabi for a day-long visit to the UAE on Saturday during which the two strategic partners will review the progress after they inked a landmark trade agreement. However, in the larger scheme of things, […]
India and the UK are addressing differences over intellectual property rights and rules of origin in their ongoing negotiations for a free trade agreement. The countries have closed 14 of the agreement’s 26 chapters, with issues surrounding environment, labour, and digital trade occurring in five remaining chapters.
A day after food inflation surged, India is considering banning exports of most rice varieties, news agency Bloomberg reported on Thursday. This move by India, the world’s biggest rice shipper, may send already lofty global prices of the food staple higher as the disruptive El Niño weather pattern returns.
Influx of inquiries from European companies on renewed interest in India: World Trade Center
3 years ago
The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India for manufacturing and distribution. Before the pandemic, the interest was more in China,” said Niraj Khinvasara, Chief Innovative officer, World Trade Center […]
China’s exports to India in the first half of this year totalled USD 56.53 billion compared to USD 57.51 billion last year registering a decline of 0.9 per cent, according to the data released by Chinese customs on Thursday. India’s exports to China during the same period totalled USD 9.49 billion compared to USD 9.57 […]
Piyush Goyal, who visited London this week amidst the India-UK talks for a free trade agreement, attended a gathering of Indian-origin chartered accountants (CAs) from the UK Chapter of the Institute of Chartered Accountants of India (ICAI) here on Wednesday evening.
India and the UK have focused on resolving challenges during low-hanging fruits negotiations that included closing several chapters, the Indian government has revealed. Minister of Commerce and Industry Piyush Goyal and the UK’s Secretary of State for Trade Kemi Badenoch discussed opportunities for mutual trade advancement and collaboration.
The government on Wednesday imposed restrictions on imports of certain gold jewellery and articles. In a notification, the directorate general of foreign trade (DGFT) amended the import policy for unstudded jewellery made of gold, and other articles made of gold to “restricted” from “free”.
The import of potatoes in India from Bhutan will continue without any import license for another year. A similar exemption has also been made for areca nut export. Earlier, the Indian government had given import exemption for potatoes from Bhutan for a year, which ended on June 30.