Commerce Ministry

Commerce Ministry for imposing anti-dumping duty on pharma API from China

Ceftriaxone Sodium Sterile is an API used in formulation for treating disease like lower respiratory tract infection, skin and skin structure infection, and surgical prophylaxis.

published on : 24th September 2021

Commerce ministry fixes December 31 as the deadline for exporters to submit applications for pending dues

On September 9, the government announced to release Rs 56,027 crore against pending tax refunds of exporters under different export incentive schemes.

published on : 17th September 2021

Parliamentary panel asks Commerce Ministry to engage with Finance Ministry on increasing allocations for RoDTEP

The committee has recommended the commerce ministry to iron out issues that hindered the signing of free trade agreements with India's leading trade partners.

published on : 11th September 2021

Commerce Ministry recommends anti-dumping duty on certain aluminium items from China

The material injury suffered by the domestic industry has been caused by the dumped imports, DGTR has said in a notification.

published on : 10th September 2021

Commerce Ministry recommends anti-dumping duty on Vitamin C from China for five years

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.

published on : 7th September 2021

Think tank paper recommends India set up new trade negotiating body

Setting up of a designated trade wing, would give the ministry of commerce the capacity to work actively toward new versions of deep trade agreements with tough negotiators, the paper said.

published on : 16th July 2021

In a first, mangoes, black rice, bottle gourd from Varanasi make it to global markets despite COVID-19

The officials said the exports were made possible as they connected the Fresh Vegetables and Fruits Exporters Association in Mumbai with the farmer groups in Varanasi.

published on : 6th July 2021

Commerce Ministry seeks anti-dumping duty on certain rubber imported from four countries

The recommended duty is the difference between the landed value of the product and USD 2,086 per tonne.

published on : 13th May 2021

Xiaomi's removal from US blacklist 'beneficial': Chinese Commerce ministry

Xiaomi, a Beijing-based company known for its value-for-money smartphones and smart devices, was added to a Defense Department blacklist in January this year.

published on : 13th May 2021

FIEO seeks immediate release of exports benefits

Exporters’ body FIEO on Wednesday said a concerted strategy would be required to achieve the goods exports target of $400 billion for 2021-22 set by the Commerce Ministry.

published on : 13th May 2021

India, China trade showing strong resilience: Chinese Commerce Ministry

Chinese analysts say the trade between the two countries is growing despite the downturn in the relations between the two countries due to the border conflict at eastern Ladakh since May last year

published on : 29th April 2021

Commerce ministry starts COVID-19 helpdesk to resolve import, export issues

'DGFT has accordingly operationalised a 'COVID-19 Helpdesk' to support and seek suitable resolutions to issues arising in respect of international trade,' the ministry said.

published on : 26th April 2021

Exports rise to USD 13.72 billion during April 1-14: Commerce Ministry data

The data showed that the imports during the period under review swelled to USD 19.93 billion as against USD 6.54 billion during April 1-14 last year.

published on : 16th April 2021

Wholesale price-based inflation spikes to over eight-year high of 7.39 per cent in March

Inflation in the fuel and power basket was 10.25 per cent in March, against 0.58 per cent in February, mainly on account of rising prices of petrol and diesel.

published on : 15th April 2021