Commerce and Industry Minister Piyush Goyal on Sunday expressed confidence that the country will achieve the goods and services export target of USD 2 trillion by 2030. The minister was speaking at the exporters’ conference held in Chennai. Goyal stressed on maintaining the momentum of exports and said he is confident that Indian exports will …

India will achieve export target of USD 2 trillion by 2030: Piyush Goyal Read More »

India will allow shipments of 397,267 tonnes of overseas broken rice backed by letters of credit (LCs) issued before September 8, the government said in a notification on Wednesday, as a sudden ban on export of grains prevented loading of the cargo. Gave. On September 8, India banned the export of broken rice as the …

India allows broken rice exports backed by already issued LCs Read More »

The government on Wednesday allowed export of raw sugar in specified quantities to the US under the Tariff-Rate Quota (TRQ) till the end of December this year. Earlier it was allowed till 30 September. The Directorate General of Foreign Trade (DGFT) said in a public notice, “The validity of export of raw sugar to the …

Indian exporters can Export sugar to the US under TRQ till December 31 Read More »

India and its economic partner in Africa – Tanzania have explored the possibilities of opening an Indian SEZ in Tanzania and bilateral trade in Indian Rupees and Tanzanian Shillings. These ideas were explored when Secretary (ER) in the Ministry of External Affairs Dammu Ravi visited Tanzania on 06-07 October. During the visit, he called on …

India-Tanzania explore trading in national currencies Read More »

Commerce and Industry Minister Piyush Goyal will meet various export promotion councils on October 7 to discuss ways to boost the growth rate in the country’s outbound shipments, an official said. The meeting assumes significance as India’s exports declined by 3.52 per cent to USD 32.62 billion in September from USD 33.81 billion in the …

Commerce and Industry Minister Piyush Goyal will hold a meeting of Export Promotion Councils on October 7 Read More »

The 59th Foundation Day celebrations of Jawaharlal Nehru Agricultural University, Jabalpur were organized online today. The Chief Guest, Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar said on the occasion that if Madhya Pradesh has emerged as one of the leading states in the field of agriculture today, then the role of …

Important role of scientists in making Madhya Pradesh a leading state in the field of agriculture- Shri Tomar Read More »

Additional Secretary Amit Yadav said on Monday that the Commerce Ministry will extend the existing Foreign Trade Policy (FTP) (2015-20) for another six months till March 2023. The current Foreign Trade Policy (FTP) was to end on 30 September. Amit Yadav, additional secretary in the commerce department, said there had been demands from various quarters, …

The commerce ministry extended the foreign trade policy for another six months Read More »

Representatives of the ninth session of the Governing Body of the International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA) finalized a resolution on ‘Celebrating the Guardians of Crop Diversity’ here on Thursday. It recognizes the role of communities, farmers and women as ‘guardians of crop diversity’. During the discussions, India took a …

India is in favor of multilateral system for discussions on food, agriculture Read More »

The global e-commerce market has seen significant growth in recent years. This comes as no surprise as the business model creates greater accessibility for both buyers and sellers. Greater global expansion creates greater international business opportunities for B2B businesses that currently focus on domestic business. This article will discuss the transfer from domestic trade to …

10 Tips for Moving from Domestic Business to International Business Read More »

Global trade is facing further difficulties after the Russia-Ukraine war had a huge impact on global crude oil and food prices. The WTO has already raised its forecast for global trade from 4.7 per cent to 3% in April, 2022 and we expect further downward revision in October, 2022. The contraction in global trade is …

Global Business Scenario and Indian Exports Read More »