commerce ministry

New Delhi, April 1 The commerce ministry said on Wednesday that a total of 12,690 export obligation discharge certificates (EODCs) were approved in March, compared to 3,747 in February.These certificates are crucial instruments for the formal closure of export obligations.They enable the...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...

New Delhi, March 16 The Ministry of Commerce is expected to announce certain support measures to help exporters cope with the crisis in West Asia, Commerce Secretary Rajesh Agrawal said on Monday."Hopefully, within this week, we will provide you with a detailed briefing on the steps the...

New Delhi, March 16 India's exports to the US fell by 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while the trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal, according to data released by the commerce...

New Delhi, March 16 The Ministry of Commerce is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on Monday."Hopefully, within this week, we will provide you with a detailed briefing on the steps the...

New Delhi, March 13 India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first phase...

New Delhi, March 13 The commerce ministry said on Friday that India and the US are still engaged in discussions for a mutually beneficial bilateral trade agreement.The ministry has denied reports about a halt to bilateral engagement."We have noted a media report regarding ongoing trade talks...

New Delhi, March 7 The commerce ministry has assured that the full benefits under the export support scheme, RoDTEP, will be restored from April 1 this year, providing much-needed relief to exporters facing challenges due to the West Asian crisis, FIEO said on Saturday.Except for agricultural...

New Delhi, March 5 Shipping lines are demanding contingency surcharges of up to USD 4,000 on 40-foot containers carrying perishable goods, and are refusing to release consignments even for products that reached ports before the US-Israel launched attacks on Iran, exporters say.This demand is...

New Delhi, February 26 India and Israel will hold the next round of negotiations for the proposed free trade agreement (FTA) between the two countries in May, the commerce ministry said on Thursday.The two sides concluded the first round of four-day talks here.Both countries are engaged in...

New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that it is too early to comment on the tariff changes announced by the United States, and the Commerce Ministry is reviewing the situation.On Friday, the US Supreme Court ruled against the sweeping import tariffs imposed...

New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that it is too early to comment on the tariff changes announced by the United States, and the commerce ministry is reviewing the situation.On Friday, the US Supreme Court ruled against the sweeping import tariffs imposed...

New Delhi, February 22 India and the US have decided to reschedule the proposed meeting of their chief negotiators, scheduled to be held in Washington from Monday, to finalize the text for the interim trade pact, sources said on Sunday.The Indian team was scheduled to begin the three-day...

Washington/New Delhi, Feb 21 India will face a reduced tariff of 10 per cent from February 24 for 150 days, after US President Donald Trump announced a new global levy on imports into America following a Supreme Court verdict against his earlier sweeping tariffs.The Indian government is...

New Delhi, February 21 The commerce ministry said on Saturday that the country's pharmaceutical exports grew by 9.4 per cent in 2024-25 to USD 30.47 billion, and the industry is aiming for double-digit expansion in 2026-27.Issues related to pharmaceutical exports were discussed between...

New Delhi, February 21 The Indian government is examining the developments regarding US tariffs and their implications, the Commerce Ministry said on Saturday."We have noted the US Supreme Court's judgment on tariffs yesterday (Friday). US President Donald Trump has also addressed a press...

New Delhi, February 21 The Indian government is examining the developments related to the US tariffs and their implications, the commerce ministry said on Saturday."We have noted the US Supreme Court's judgment on tariffs yesterday (Friday). US President Donald Trump has also addressed a press...

New Delhi, February 20 A three-day meeting between Indian and American officials to finalize the legal text for an interim trade agreement will begin in the US on February 23, an official said on Friday.Earlier this month, India and the US released a joint statement to announce that a...

New Delhi, February 19 Google CEO Sundar Pichai visited the Commerce Ministry's Coffee Board stall at the AI Impact Summit here on Thursday."When @SundarPichai drops by for a cup, you know it's truly worth it! The world is raising a toast to Bharat GI Coffee at #IndiaAIImpactSummit2026,"...

New Delhi, February 19 Google CEO Sundar Pichai visited the Commerce Ministry's Coffee Board stall at the AI Impact Summit here on Thursday."When @SundarPichai drops by for a sip, you know it's truly worth it! The world is raising a cup to Bharat GI Coffee at #IndiaAIImpactSummit2026,"...