8th Foundation Day of Land Port Authority of India held in New Delhi

On March 2, 2020, the eighth foundation day of the Land Port Authority of India was celebrated. The event discussed various aspects of land ports such as cargo operations at Integrated Check Ports and other border infrastructure. Land Port Authority ..

Month: Current Affairs - March, 2020

US drops Currency Manipulation Charge against China ahead of Trade Deal

According to the semi-annual report on Macroeconomics and Foreign Exchange Policies published by the United States Treasury Department on Monday 13th January 2020, United States has dropped its charges of designating China as a currency manipulator as no major US ..

Month: Current Affairs - January, 2020

US initiates new anti-dumping duty

The US has initiated new antidumping duty and countervailing duty investigations to determine whether forged steel fittings from India and Korea are being dumped there and to find if producers in India are receiving unfair subsidies. In 2018, imports of ..

India International Trade Fair Begins

The 39th India International Trade Fair is to begin in New Delhi on November 14, 2019. Around 25,000 people are expected to visit the fair. Theme: “Ease of Doing Business” The theme is inspired from India’s 63rd rank in the ..

Month: Current Affairs - November, 2019

Ministry of Defence approves issuance of two OGELs for export of certain parts and components

Defence Minister Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries. This decision is expected to give a boost to defence exports ..

Nirvik: New Export Credit Insurance Scheme

The Ministry of Commerce & Industries through the Export Credit Guarantee Corporation (ECGC) has launched a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending process. What is Export Credit Insurance? Export credit ..