Current Affairs

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Page-5 of Topic: Trade

Government hikes import duty on non-palm oils by 5-10%

The Central Board of Indirect Taxes and Customs (CBITC) under Finance Ministry has raised import duty by 5-10% on non-palm edible oils, both crude and refined ones, in...

June 15, 2018

Commerce Ministry establishes Directorate General of Trade Remedies  

Union Ministry of Commerce and Industry issued notification for creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce. In this regard amendments were made in...

May 18, 2018

Generalized System of Preferences: US announces eligibility review of India

The United States Trade Representative (USTR) has formally announced that it is reviewing eligibility of India, Indonesia and Kazakhstan in Generalized System of Preferences (GSP) based on concerns...

April 14, 2018

India-Iran: Cabinet approves MoU to establish expert group on trade remedy measures

The Union Cabinet has given its ex post facto approval to Memorandum of Understanding (MoU) between India and Iran on establishment of an expert group on trade remedy...

April 4, 2018

India and China agree roadmap for addressing Trade Imbalance

The eleventh session of the China-India joint-group on Economic Relations, Trade, Science & Technology was held in New Delhi. The session was co-chaired by Union Minister of Commerce...

March 28, 2018

Government imposes anti-dumping duty on Ofloxacin import from China

The Revenue Department in the Finance Ministry has imposed anti-dumping duty on import of ‘Ofloxacin’, a pharma product used in treatment of certain infections from China. It was...

March 19, 2018

India-China trade hits record $84.4 billion in 2017

According to data of Chinese General Administration of Customs, India-China bilateral trade has reached $84.44 billion last year, a historic high with 18.63% year-on-year growth rate. This is...

March 8, 2018

Government appoints IIFT, ICAI, NICMAR to improve World Bank's 'Doing Business' ranking

The Union Commerce and Industry ministry has appointed four institutes to interact with stakeholders and suggest measures to push India’s ranking in World Bank’s Ease of Doing Business...

February 28, 2018

CriSidEx: CRISIL, SIDBI launches India’s first MSE Sentiment Index

The SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The...

February 3, 2018

India joins Ashgabat agreement

India has joined Ashgabat Agreement which envisages facilitation of transit and transportation of goods between Central Asia and the Persian Gulf to significantly boost up trade and investment....

February 2, 2018

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