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June 19, 2013

DGFT Prohibits import of milk and milk products from China

The prohibition on import of milk and milk products (including chocolates and chocolate products and candies/ confectionary/ food preparations with milk or milk solids as an ingredient) from China was effective till 23/06/13 as per the Notification No. 4 (RE-2012)/2009-2014 dated 02/07/2012 and now its extended up to 23/06/2014.

May 17, 2013

Foreign investment inflows top $50bn

This is the first time since 2009-10 when net foreign investment - which includes FDI and portfolio flows - has topped the $50 billion mark.

April 04, 2013

Foreign trade policy to be announced by month-end

The policy seeks to provide incentives for exporters, address their concerns

April 04, 2013

Foreign trade policy review on April 18 to perk up dwindling exports

The sectors that are going to get special focus are engineering, gems & jewellery and leather. Besides, the government is expected to give a major thrust to the special economic zone (SEZ).

April 01, 2013

Govt to ease norms for exporters

The government is planning to do away with the registration-cum-membership certificate (RCMC) that exporters have to furnish, in a move aimed at simplifying the process for traders and reducing transaction cost.