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New Delhi, April 10 The government on Friday extended the minimum import price (MIP) for natural honey for nine months, until December 31 of this year, in an effort to discourage the import of cheap honey.The MIP is USD 1400 per tonne.The Directorate General of Foreign Trade (DGFT) stated...

New Delhi, April 6 The government imposed export restrictions on wood briquettes, an eco-friendly alternative to traditional firewood, effective immediately, amid the West Asia crisis.Previously, there were no restrictions on the export of this wood product. Now, an exporter needs permission...

New Delhi, April 2 The government imposed import restrictions on all forms of gold, silver, and platinum articles on Thursday, a move aimed at preventing the misuse of free trade agreements (FTAs).These restrictions will apply regardless of any prior contract, irrevocable letter of credit...

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 30 The government on Monday provided an additional 30 days to the gems and jewelry sector to meet certain obligations, in order to help them cope with the ongoing crisis in West Asia.The region is a key export destination for the sector. West Asia accounts for approximately...

New Delhi, March 30 The government has extended the state trade enterprise (STE) status of Indian Potash Ltd until March 31, 2027, for the import of urea, according to a notification.India produced 306.67 lakh tonnes of urea in 2024-25 and imported 56.47 lakh tonnes of the nutrient to meet...

Director General of Foreign Trade (DGFT), Luv Agrawal, stated today that the government is aware of the crisis in West Asia and is taking appropriate measures to provide relief to Indian exporters. Speaking at a press conference in New Delhi, Mr. Agrawal also said that the government has issued...

Patna, March 12 Bihar's Minister for Industries, Dilip Kumar Jaiswal, on Thursday emphasized the need for the state to develop a "progressive" export promotion policy.He was addressing an exporters' conclave here, which focused on Free Trade Agreements (FTAs) and the Export Promotion Mission...

New Delhi, March 9 The Customs department has issued guidelines for dealing with export cargo returning to Indian ports due to the closure of the Strait of Hormuz and disruptions in maritime routes amid the West Asia crisis.The guidelines, issued by the CBIC on March 8 and valid for 15 days...

New Delhi, March 7 The government has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is facing difficulties in the movement of goods due to the ongoing West Asia crisis, according to a notification."In view of the prevailing...

The Directorate General of Foreign Trade (DGFT) has formed an Inter-Ministerial Group to assess the impact of ongoing geopolitical developments on India's exports, particularly supply chain disruptions. In a notice, the Ministry of Commerce and Industry stated that the group will monitor global...