On July 11, 2022 the Reserve Bank of India (RBI) notified new measures to settle down “international trades in rupee”. This move will promote global trade and emphasise...
The Reserve Bank of India has proposed to modify the existing norms that are in place with the aim of rationalizing and simplifying the process for payment settlement...
On September 18, 2020, the Directorate General of Foreign Trade lifted the ban on export of onions to other countries including Bangladesh. The decision was made after a long...
On May 28, 2020, the Government of India lifted the ban on export of paracetamol Active Pharmaceutical Ingredients. Highlights The removal of ban will now allow the export...
On March 13, 2020, the Union Cabinet approved to withdraw the MEIS (Merchandise Export from India) Scheme in phases. It is later to be replaced with RoDTEP (Remission...
In September 2019, GoI had banned the export of onions in order to bring down its prices in the country. The prices of the key cooking ingredient had...
The Ministry of Textiles is organising a Handicraft thematic Exhibition named ‘Kala Kumbh’, for promoting Geographical Indication (GI) crafts, through the Office of Development Commissioner (Handicrafts). Recently the...
The Central Board of Indirect Taxes and Customs (CBIC) has recently started to capture district-wise data on origin of export goods. This proposed export information will provide a...
On January 20, 2020, the APEDA (Agricultural and Processed Food Products Development Authority) has added 135 laboratories to the existing 51 laboratories. With this initiative, the total number...