New foreign trade policy may have simpler export promotion schemes
In the new policy, changes are expected in incentives given to goods as the current export promotion schemes are challenged by the US in the dispute resolution mechanism of the World Trade Organisation (WTO).
Indian edible oil industry has issued advisory to avoid import of palm oil from Malaysia
There were media reports that Government of India ma...
Mumbai port handles record 6,316-car shipment
"Mumbai Port Trust is consistently contributing to the 'Make in India' campaign by facilitating...
Smartphone shipments set to grow 37% in 2016: CMR
In 2015, 95 million smartphones were shipped while 144 million featurephones were shipped, according to data provided by the agency. This, however, is expected to change in 2016.
Government to tap overseas online sales data to boost outbound shipments
After putting in place a definition for ‘marketplace,’ the government now plans to tap data on overseas online sales as part of efforts to boost outbound shipments.
Commerce Ministry calls meeting of export promotion councils amid negative growth
The commerce ministry is exploring avenues to help contain the reduction in export growth. Owing to the economic slowdown, exports hit negative numbers in October and have not improved in the following month, leading to concerns about exports not making up numbers.
Exporters seek government intervention as outbound shipments plunge
Contracting for the ninth month in a row, India's exports plunged by 20.66 per cent in August to $21.26 billion, widening the trade deficit.
Government seeks inputs from exporters to check shipment decline
Nirmala Sitharaman discussed with exporters measures to curb the decline of outbound shipments, and sought their inputs on issues plaguing the sector,
India PC shipments decline 7.4% in first quarter of 2016: Gartner
In the first quarter of 2016, PC vendors had excess inventory that was carried forward from the fourth quarter of 2015. Analysts believe that inventory will be carried forward into the second quarter of 2016.
My First year at work: Akshay Saxena Co-founder, Avanti Learning Centres
I really enjoyed meeting the local community and spending time getting to know them. Some of my favourite memories are from evenings spent with truck drivers in rural Karnataka.
Exporters worried as outbound shipments continue to slide
India's exports were down 10.3% in July to $23.13 billion, hit by global slowdown and dip in crude oil prices which impacted the value of petroleum products.
Interest subsidy scheme to boost shipments: Exporters
Welcoming the announcement of "Interest Equalization Scheme" on pre and post shipment rupee export credit, Federation of Indian Export Organization (FIEO) said it will make pricing of exporters more competitive.
Government may reduce export target, says apex exporters' body
The downward revision may be to the tune of around USD 700 billion as India's exports performance has been dismal in the last couple of years owing to global factors.
MediaTek expects India to account for 10% of global shipments
The Taiwanese firm's chipsets will also power over 25 models of 4G VoLTE (voice-over-LTE) handsets in the coming months in India.
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