Current Affairs

GK MCQs Section

Topic: Foreign Trade

Foreign Trade Policy 2023

The Indian government has recently announced its new Foreign Trade Policy (FTP), which replaces the previous one launched in 2015. The new FTP came into effect on April...

April 4, 2023

Extension of Foreign Trade Policy 2015-20 – Update (September, 2022)

The current Foreign Trade Policy has been extended by six months due to currency volatility and global uncertainty. Key facts Foreign Trade Policy 2015-20 has been extended for...

September 28, 2022

Amendment of Foreign Trade Policy of India for Rupee Settlement

The Central Government has made changes to the Foreign Trade Policy of India to activate the RBI’s mechanism facilitating trade in the Indian Rupee. Key facts The recently...

September 19, 2022

Extension of Foreign Trade Policy 2015-20

The Foreign Trade Policy 2015-20 has been extended by the government by six months up to 30th September 2022. Overview: Till 31st March 2022, the existing Foreign Trade...

April 4, 2022

Import of Oxygen concentrators for personal use permitted

The Directorate General of Foreign Trade recently notified that the import of oxygen concentrators shall be allowed for personal use. The Government of India has revised the Foreign...

May 3, 2021

New Foreign Trade Policy

The Union Ministry of Commerce and Industry recently announced that the new Foreign Trade Policy. 2021-26 is to come into effect from April 1, 2021. What is the...

January 13, 2021

Wagah Border reopened by Pakistan for Afghan Exports

Pakistan government has resumed the Afghan exports through the Wagah Border crossing as part of the Pakistan-Afghanistan Transit Trade Agreement. Pakistan had already opened the Pak-Aghan Border at...

July 15, 2020

GoI lifts ban on Paracetamol API exports

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...

May 29, 2020

GoI extends Foreign Trade Policy

On April 1, 2020, the Government of India notified that the export schemes such as Export Promotion Capital Goods and Duty-Free Import authorization are to be extended by...

April 1, 2020

US removed “Developing” Tag for India: What are its implications?

Recently, the United States of America removed the “developing” tag for dozens of countries. India is one amongst them. These countries are to be classified as developed economies...

February 17, 2020

Archives

Archives

Archives

Latest in Hindi