Page-2 of Foreign trade of India
New Delhi hosts first-ever joint conference of Indian Customs and Department of India Posts
On May 11, the first-ever joint conference of Indian Customs and Department of India Posts at Vigyan Bhavan in New Delhi to deliberate on streamlining of imports and exports by post. Commissioners of Customs from all the States having Foreign ..
Ashgabat Agreement
Ashgabat Agreement aims at establishment of International Transport and Transit Corridor between the Iran, Oman, Turkmenistan and Uzbekistan. It was signed in April 2011 and is named after capital of Turkmenistan, Ashgabat. It establishes international transport and transit corridor between ..
Government of India launches FIEO Globallinker for MSME exporters to digitise their businesses
Commerce and Industry Minister Suresh Prabhu has launched FIEO Globallinker in New Delhi on April 17, which is a digital platform for MSME exporters to digitise their businesses and join a global community of growing businesses. FIEO stands for Federation ..
Month: Current Affairs - April, 2018
New Delhi World Book Fair started at Pragati Maidan
The New Delhi World Book Fair has started at Pragati Maidan in New Delhi on January 6, 2018. It is organised by the National Book Trust (NBT) in association with India Trade Promotion Organisation (ITPO). The main theme of 2018 ..
37th India International Trade Fair (IITF-2017)
President Ram Nath Kovind inaugurated the 37th India International Trade Fair (IITF-2017) with theme “Startup India Standup India” at Pragati Maidan in New Delhi on November 14, 2017. The 14-day annual event is organised by the India Trade Promotion Organisation ..
Nisha Biswalto to lead US-India Business Council (USIBC)
Nisha Biswal, a former state department official, will head the US-India Business Council (USIBC), a powerful advocacy group of US companies with business interest in India. She is expected to join on November 1, 2017. The USIBC is a part ..
Contact@DGFT online facility launched by Union government to resolve foreign trade issues
The Union government has set up an online service facility that can be used by importers and exporters to resolve all foreign trade-related issues. The Directorate General of Foreign Trade (DGFT), which comes under Ministry of Commerce, has asked all ..
RBI imposes penalty on 5 foreign banks for violating FEMA rules
The Reserve Bank of India (RBI) has slapped a fine on five foreign banks, namely, Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and The Royal Bank of Scotland for violating reporting requirements of the Foreign ..
Gitanjali Gems’ SEZ project cancelled
The Board of Approval (BoA) headed by Commerce Secretary has cancelled the Gitanjali Gems’ special economic zone (SEZ) project in Maharashtra. In a similar move, BoA has also cancelled the approval of Karanja Infrastructure’s Free Trade and Warehousing Zones (FTWZ) ..
India opens door for FDI from Pakistan
India allowed foreign direct investment (FDI) from Pakistan. But it will be only through government route and not through the automatic route. Earlier, no individual residing in Pakistan or a company based there was permitted to invest as FDI in ..