The Centre on Tuesday extended duty free imports of tur or arhar by a year till March 2026 to temper retail food prices that are still ruling above the government’s comfort levels. The existing import policy was first introduced in May 2021 and extended several times till March 2025 amid faltering domestic production due to El […]
Rice has been an integral part of Indian culture and tradition for ages, representing prosperity, rituals, and celebrations. From being a part of auspicious ceremonies to everyday meals, rice holds an emotional and spiritual bond with millions of Indian households. There has been a growth in Indian rice brands diversifying their export markets, and significant […]
India has flagged concerns over the problems faced by its milk exporters in Nepal, with the neighbouring country agreeing to explore the possibility of facilitating imports of specific products like whey and cheese, an official statement said on Sunday. The matter came up for discussion during the meeting of the India-Nepal Inter-Governmental Committee (IGC) on Trade, […]
India Seatrade News Global air freight rates eased lower during the first week of the year, according to the latest data from TAC Index. The global Baltic Air Freight Index fell -3.7 percent over the week to January 6 as the traditional peak season period ended and volumes declined, the update added. “Nevertheless, the index starts […]
India Seatrade News The government has laid out a procedure for the export of certified organic products, requiring mandatory certification under the National Programme for Organic Production (NPOP) for such shipments, according to a public notice. The Directorate General Of Foreign Trade (DGFT) in a public notice said that a product will be allowed to be […]
Deal still needs to be ratified by vote by union members Major point of contention in talks was the use of automation A US dockworkers union reached a tentative deal on a new labour contract with a group of ocean carriers and terminal operators that, if ratified would avoid a shutdown of East and […]
Iran exported non-oil commodities valued at $1.2 billion to India during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. Foroud Asgari said that India was Iran’s seventh top export destination in the mentioned eight-month period. Exporting commodities valued at $1 […]
The government is hopeful of doubling exports of organic products from India in 2025-26 to $1 billion, compared to the previous fiscal, and is set to announce new guidelines for National Programme for Organic Production (NPOP) and initiatives to increase traceability for ensuring greater credibility in exports, officials said. “The idea is if that if […]
Apparel Export Promotion Council (AEPC) on Sunday said huge import opportunities are there for British apparel firms in India and they should participate in large numbers in the upcoming mega textile show here next year. Bharat Tex 2025 will be held here from February 14-17, 2025, at Bharat Mandapam and from February 12-15 next year at […]
The Soybean Processors Association of India (SOPA) revised upward the exports of soybean meal from India in the 2023-24 oil year to 22.75 lakh ton, up 24 per cent from the preceding year. The trade organisation, in its latest assessment, elevated the exports in the previous oil year to 22.75 lakh ton compared to 18.36 lakh […]