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Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

India capable of replacing US exports to China amid trade dispute

Government has directed its concerned departments to identify goods where it has a clear advantage in exports over US.

28 Aug 2018 2:35 PM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Commerce Ministry to seek Cabinet nod for national logistics policy

The proposed policy will also focus on increasing the warehousing capacity.

11 Sept 2018 4:17 PM IST

China has allowed imports of non-basmati rice from India and the first consignment of 100 tonnes will be shipped tomorrow from Nagpur, the commerce ministry said on Thursday.

India to export first consignment of non-basmati rice to China...

The consignment will be received by China National Cereals, Oils and Foodstuffs Corporation.

27 Sept 2018 2:28 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Commerce Ministry eases process for export incentives under MEIS...

Under Merchandise Exports from India Scheme, the govt provides duty benefits depending on the product and country.

16 Sept 2018 1:28 PM IST

However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

Duty hike on many products soon to support Rupee

The new list is likely to be announced on Wednesday.

24 Sept 2018 2:47 PM IST

Reliance Industries group. (Photo- PTI)

India drops anti-dumping probe against chemical from Saudi Arabia

Reliance Industries Ltd in its letter dated February 21 has requested to terminate the investigation against Saudi...

7 April 2020 2:07 PM IST

The government last year relaxed FDI norms in over a dozen sectors

Commerce Ministry to release next consolidated edition of FDI policy...

The whole exercise is aimed at providing investor friendly climate to foreign players and in turn boost economic growth.

24 Aug 2017 4:24 PM IST

The commerce ministry will work with IT firm Intellect Design Arena Ltd to make Government e-Market (GeM) portal more dynamic. Photo: GeM website

Commerce Ministry to upgrade GeM portal in 6 months

Use of government's e-marketplace by central and state departments would also help save taxpayers' money.

24 Aug 2017 4:14 PM IST

Nirmala Sitharaman

Industrial, manufacturing policies up for review: Nirmala Sitharaman

The review is being undertaken to ensure India's preparedness to tackle new challenges of Industrial Revolution 4.0.

31 Aug 2017 5:10 PM IST

Nirmala Sitharaman

India signs new free trade pact with Bhutan

Two-way trade stood at USD 808.72 million in 2016-17, up from USD 750.2 million in 2016.

1 Aug 2017 9:54 AM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

ECGC declares dividend of Rs 72.50 core, says Commerce Ministry

ECGC has posted profit before tax of Rs 407 crore in FY2016-17, an increase of 5 per cent over 2016.

10 Aug 2017 8:34 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Commerce Ministry backs fair valuation of rupee

During the April-October period of current fiscal, exports dipped by 0.17 per cent to USD 154.91 billion.

30 Nov 2016 3:35 PM IST