Dgft

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Dgft - Total results - 28
Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues
Business

Coronavirus Outbreak: Commerce ministry sets up help desk to resolve import, export issues

The commerce ministry on Thursday said it has set up a help desk to resolve export- and import-related issues arising due the coronavirus outbreak

Coronavirus Outbreak: Govt bans export of sanitisers, all types of ventilators with immediate effect
Business

Coronavirus Outbreak: Govt bans export of sanitisers, all types of ventilators with immediate effect

The government on Tuesday banned export of all sanitisers and ventilators with immediate effect in wake of the coronavirus outbreak

Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days
Business

Coronavirus outbreak cripples all major sectors in country; sharp fall in revenues, unemployment to rise in coming days

The coronavirus outbreak happened to be a major setback for hopes of a revival in beleaguered auto sector of the country, which had grappled in the red zone due to sharp fall in demand for over two quarters.

Coronavirus outbreak: Govt restrains exports of a few APIs, formulations; lists essential medicines that could run out of stock
Business

Coronavirus outbreak: Govt restrains exports of a few APIs, formulations; lists essential medicines that could run out of stock

In a notification, the government put curbs on the exports of certain APIs and formulations, including Paracetamol, Vitamin B1 and B12 amid the coronavirus outbreak claimed over 3,000 lives across the world.

Govt issues import licences for 1.1 mn tonnes of refined palmolein from Indonesia; DGFT move draws commerce ministry’s flak
Business

Govt issues import licences for 1.1 mn tonnes of refined palmolein from Indonesia; DGFT move draws commerce ministry’s flak

A resumption in refined palmolein buying by India, the world’s biggest palm oil importer, could lift its total palm oil imports and support Malaysian palm oil futures.

Onion crisis: Govt allows exports of Krishnapuram variety of kitchen staple with certain conditions
Business

Onion crisis: Govt allows exports of Krishnapuram variety of kitchen staple with certain conditions

Krishnapuram onions are not used in kitchen due to their size and pungency. The onions are imported by Thailand, Hong Kong, Malaysia, Sri Lanka and Singapore.

Coronavirus outbreak: India bans export of all kind of respiratory masks; toll due to virus tops 200 in China
India

Coronavirus outbreak: India bans export of all kind of respiratory masks; toll due to virus tops 200 in China

India on Friday banned exports of all kinds of personal protection equipment, including clothing and masks used to protect people from airborne particles as there could be a spurt in demand for such products due to outbreak of deadly coronavirus

Bharti Airtel says Directorate General of Foreign Trade removed  its name from blacklist
Business

Bharti Airtel says Directorate General of Foreign Trade removed its name from blacklist

Bharti Airtel on Friday said its name has now been removed from the denied entry list for non-fulfilment of export obligation under an export promotion scheme

Bharti Airtel says working with foreign trade regulator to remove name from 'Denied Entry List'
Business

Bharti Airtel says working with foreign trade regulator to remove name from 'Denied Entry List'

Bharti Airtel on Wednesday said it is working to get the company's name removed from 'Denied Entry List', but added that DGFT's latest action does not limit its ability to undertake future imports or exports

Commerce ministry puts Bharti Airtel in denied entry list for non-fulfilment of export obligation
Business

Commerce ministry puts Bharti Airtel in denied entry list for non-fulfilment of export obligation

The commerce ministry has put Bharti Airtel in denied entry list for non-fulfilment of export obligation under an export promotion scheme, sources said

Curbs on import of refined palm oil product-specific, not country-specific; decision defined by trade policy, says MEA
Business

Curbs on import of refined palm oil product-specific, not country-specific; decision defined by trade policy, says MEA

Putting palm oil in the restricted category means an importer will require a license or permission for the inbound shipment.

Govt puts restrictions on import of refined palm oil; shipment from Malaysia likely to be hit, no curbs on Indonesia
Business

Govt puts restrictions on import of refined palm oil; shipment from Malaysia likely to be hit, no curbs on Indonesia

Malaysia produces 19 million tonne of palm oil in a year, while Indonesia produces 43 million tonne, the trade data showed.

CBIC asks DGFT to tighten accreditation process of star exporters for curbing tax fraud
Business

CBIC asks DGFT to tighten accreditation process of star exporters for curbing tax fraud

The Central Board of Indirect Taxes and Customs (CBIC) has asked the Directorate General of Foreign Trade to make the accreditation system for star exporters more robust to curb tax fraud

New foreign trade policy may have simpler export promotion schemes: Govt official
Business

New foreign trade policy may have simpler export promotion schemes: Govt official

The commerce ministry is considering rationalising and simplifying certain export promotion schemes such as EPCG in the next foreign trade policy, which provides guideline and incentives for increasing shipments, an official said

Govt stops import incentives for exporters of gold medallions, coins: Commerce ministry
Business

Govt stops import incentives for exporters of gold medallions, coins: Commerce ministry

The government has withdrawn incentives being given to exporters of gold medallions and coins for import of raw material, according to a notice by the commerce ministry

Govt notifies sugar export quota of 10,000 tonne to EU at concessional rates for 12-month period beginning October
Business

Govt notifies sugar export quota of 10,000 tonne to EU at concessional rates for 12-month period beginning October

The government has fixed an export quota of 10,000 tonne of white/raw sugar to the European Union (EU) under a provision for a 12-month period beginning October

Commerce ministry seeks stakeholder comments for formulation of next foreign trade policy
Business

Commerce ministry seeks stakeholder comments for formulation of next foreign trade policy

The current policy will end in March 2020. The new five-year foreign trade policy (2020-25) is expected to be released in September this year

Govt removes export incentives for onion to discourage outbound shipments as prices rise in domestic market
Business

Govt removes export incentives for onion to discourage outbound shipments as prices rise in domestic market

The government has removed incentives for export of fresh and chilled onions, a move aimed at discouraging outbound shipments of the kitchen staple due to rising prices in the domestic market

Govt permits export of gold idols of 8-24 carats with certain conditions
Business

Govt permits export of gold idols of 8-24 carats with certain conditions

Foreign trade policy has been amended "to allow export of gold idols (only gods and goddess) of 8 carats and above (up to 24 carats) from domestic tariff area," Directorate General of Foreign Trade (DGFT) has said in a notification.

Govt imposes restrictions on imports of biofuels, ethyl alcohol, other denatured spirits
Business

Govt imposes restrictions on imports of biofuels, ethyl alcohol, other denatured spirits

The import of these items, which was free earlier, will now only be allowed for non-fuel purpose on actual user basis.