SERVICES EXPORT

Pre-Budget India P&L statement: Goods trade in deficit, services surplus

The country’s trade balance has also benefited from reduced imports from China as well as lower oil prices.

India implemented several measures to facilitate trade during 2015-20: WTO

"During the period under review, India implemented several measures to facilitate trade, such as a reduction in the number of documents req...

India’s export restrictions, import duties on farm goods, reforms come up in WTO review

The global trade body, in the seventh Trade Policy Review of India, said New Delhi continued to use trade policy to meet non-trade policy o...

India-US trade ties hit by tariff policies under Trump administration: US Congress report

The bipartisan Congressional Research Service (CRS), in its latest report, pointed out that India's recent tariff hikes on cell phones and ...

ASEAN, Japan and India will bounce back stronger post Covid-19: Asian Roundtable

The discussion focused on the economic strength of the region, how intra-regional trade and relationships can be further strengthened, how ...

View: Revamped ecosystem will generate higher growth, goods and services tax, employment and exports

Most MSME units were mainly operating as partnership firms, and some as limited liability partnerships (LLPs), or private companies.

India should now aggressively pursue FTAs with EU, UK: Trade experts

Britain clinched a historic deal with the European Union on Thursday as both sides managed to thrash out a post-Brexit free trade agreement...

Importers challenge notices seeking duty on EOU imports

The tax notices have been issued under Rule 96 (10) of the Central Goods and Service Tax (CGST) Act introduced in 2017. The rule initially ...

Govt looks to revamp key exports incentive scheme for services sector

The government is looking to revamp a key exports incentive scheme for the services sector, the hardest hit by the Covid-19 pandemic. The p...

Kenya giving tough competition to India's black tea export in global market

Further, payment issues with Iran have dented India’s tea exports. Hardly any tea is being shipped to the Gulf nation these days, said indu...

Services exports fall 1.4% to $17.3 billion in September

Services imports (or payments) also dropped 8.7 per cent to USD 10.14 billion as against USD 11.10 billion in the year-ago month, according...

India faces container shortage due to export-import mismatch

The waiting time for an access to a container for exporters is now two-three weeks, compared with a maximum of four days earlier, said indu...

Exports clocked by STPI units in H1 FY21 estimated at Rs 2.49 lakh crore: DG

By implementing Software Technology Park (STP) and Electronic Hardware Technology Park (EHTP) schemes, STPI focuses on building an enabling...

India Post, US Postal Service sign pact for electronic exchange of customs data

The Department of Posts and United States Postal Service on Tuesday signed an agreement for the electronic exchange of customs data related...

Relief to exporters: RBI discontinues automatic caution-listing system

Exports have been adversely impacted by the pandemic-related contraction in external demand, RBI Governor Shaktikanta Das said during a vir...

Rs 10,000 crore export sops stoppage causing liquidity challenge: Exporters body tells govt

The pitch for easing the liquidity constraints comes amid exporters receiving enquiries and new orders from new buyers and destinations tha...

Exporters fear uncertainty over govt’s move to cap export incentives

Federation of Indian Export Organisations (FIEO) President Sharad Kumar Saraf said exports that will be made during September-December 2020...