ministry of commerce

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    Navigating Trade Disruptions: India’s Response to West Asia

    New Delhi, March 13 The Ministry of Commerce is working to provide insurance support to exporters to help them cope with the ongoing West Asia crisis, an official said on Friday.An inter-ministerial group is monitoring developments on a daily basis and interacting with exporters."There is...
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    Saccharin Imports: Countervailing Duty Probe Launched

    New Delhi, March 12 India has started an investigation into alleged circumvention of countervailing duties imposed on saccharin—used in various industries such as food, beverage, and pharmaceuticals—imported from China, according to a notification.The investigation was initiated by the...
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    India's Government Addresses Export Concerns Following Global Conflicts

    Commerce and Industry Minister Piyush Goyal stated today that the government will utilize all available policy tools and the export promotion mission to support the country's exporters. Speaking to the media in New Delhi about trade disruptions caused by the US-Israel and Iran conflicts, the...
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    Inter-Ministerial Group Established to Assess West Asia Risks

    New Delhi, March 3 The government has established an inter-ministerial group, which is meeting daily to closely monitor developments in West Asia, Commerce Minister Piyush Goyal said on Tuesday.Exporters have expressed concerns that escalating tensions in the West Asian region due to joint...
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    Wheat Export Policy Update: 25 Lakh Tonnes Approved for Stability

    New Delhi, February 24 The government has allowed the export of 25 lakh tonnes of wheat, according to a notification from the Ministry of Commerce.The decision was made earlier this month, but the Directorate General of Foreign Trade (DGFT) announced it on Tuesday."The export policy for...
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    Government Clarifies RoDTEP Rates for Agricultural Products

    New Delhi, February 24 The government clarified on Tuesday that the reduced rates and value caps under the export support scheme, RoDTEP, are not applicable to the export of agricultural and processed food products.This development is significant, as the government halved the duty benefit...
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    January Trade Data: Exports Up, Imports Soar

    India's total exports, encompassing both merchandise and services, increased by 13.17 percent year-on-year to $80.45 billion in January this year, compared to $71.09 billion in January last year. According to data released by the Ministry of Commerce, overall imports during the month grew at a...
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    Debate Proposed on External Affairs, Commerce, Rural Development in Upper House

    New Delhi, February 13 Leaders from various opposition parties in the Rajya Sabha have demanded that a discussion on the functioning of the Ministry of External Affairs, Rural Development, and Commerce be held during the ongoing Budget session, sources said on Friday.According to a source, the...
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