New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced key relaxations for Customs Cargo Service Providers to promote ease of doing business and cut logistics cost in order to facilitate global trade, according to an official statement issued on Friday. The key relaxations include a reduction in the number of days … Read more
New Delhi: The government on Tuesday extended the existing approval system for import of certain IT hardware products, including laptops and tablets, for three months till December 31. The deadline for review of the system is September 30. These imports stood at USD 8.4 billion in 2023-24 against the authorisation of about USD 9.5 billion. … Read more
New Delhi: India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on Tuesday. Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per … Read more
Dozens of Canadian business associations across the country have signed a letter urging the Liberal government to prevent Air Canada pilots from striking by sending the labour dispute to binding arbitration. The letter — which was signed by the Canadian Chamber of Commerce, the Retail Council of Canada, Food Producers of Canada and the Canadian Toy … Read more
New Delhi: India has registered a sharp decline in the share of imported coal over the last 10 years with the compound annual growth rate (CAGR) of coal imports coming down from 21.48 per cent recorded between 2004-05 and 2013-14 to a mere 2.49 per cent for the period between 2014-15 to fiscal year 2023-24, … Read more
