Tag Archives: exim policy

Let rupee gain to contain imported inflation, boost exports: Report

The RBI should let the rupee rally against the dollar to contain imported inflation coming in mainly from crude prices and help push exports, as the current account risks from rising oil price can be contained at 1.4 per cent … Continue reading

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Government removes export curbs on all diagnostic kits, reagents

With COVID-19 cases coming down in the country, the government on Friday removed export curbs on all diagnostic kits and reagents including instruments, which are used in detection of coronavirus infections. India logged 16,862 new coronavirus infections, taking the total … Continue reading

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Aim for $450-500 billion exports next year, Industry Minister Piyush Goyal tells exporters

The country’s exports are growing at a healthy rate and now exporters can aim for USD 450-500 billion of outbound shipments during the next fiscal year, Commerce and Industry Minister Piyush Goyal said on Saturday. Exports have touched USD 197 … Continue reading

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Goods, services exports from India should touch $1 trillion each: Piyush Goyal

Commerce and industry minister Piyush Goyal said he wants both goods and services exports from India to touch $1 trillion each and the government is working on a specific plan of action where it will soon announce a deadline to … Continue reading

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India’s trade minister Piyush Goyal to meet Chinese counterpart on Tuesday

India’s Trade Minister Piyush Goyal will have a one-on-one meeting with his Chinese counterpart on Tuesday at the G-20 summit in Italy, the government said in a statement. Goyal will also meet other trade ministers, including those from the United … Continue reading

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Aggressive marketing, timely roll out of FTAs to help exports touch $500 billion: Exporters

Aggressive marketing of products, timely implementation of free trade agreements that are under negotiations and affordable credit to MSME players would help in taking the country’s merchandise exports to USD 500 billion in the next financial year, according to exporters. … Continue reading

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Sri Lankan economic crisis worries South India’s textile and fabric exporters

South India’s textile and fabric exporters are worried that the economic crisis in Sri Lanka–India’s second largest export destination for clothing products—may lead to a delay in payments from buyers in the island nation. The Sri Lankan rupee has weakened … Continue reading

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Opportunities galore in India for investors and industry stakeholders: Sitharaman to CEOs of major US gian

Opportunities are galore in India for all investors and industry stakeholders with the current reset in the global supply chain and clear-headed and committed leadership in the country, Finance Minister Nirmala Sitharaman has told CEOs of top American companies. Sitharaman … Continue reading

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India exempts Covid-19 vaccine from import duty

The Central Board of Indirect Taxes and Customs (CBIC) has fully exempted imports of Covid 19 vaccines from basic customs duty, from October 1 till December 31. “The Central Government, on being satisfied that it is necessary in the public … Continue reading

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