New Delhi, May 14 (IANS) The Centre has imposed a limit on duty-free gold imports under the advance-authorisation scheme for exporters at a maximum of 100 kg per licence in a move aimed at curbing diversion of imported gold into the domestic market to make a fast buck amid concerns over the soaring import bill, which is draining precious foreign exchange reserves.Under the revised norms issued by the Directorate General of Foreign Trade, first-time applicants seeking permission to import gold wi…
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New Delhi, April 17 (IANS) In pursuance of the government’s commitment to Ease of Doing Business and trade facilitation for exporters, the Ministry of Commerce and Industry has undertaken a series of targeted reforms to strengthen the functioning of Norms Committees under the Directorate General of Foreign Trade (DGFT) to improve turnaround time, enable early approvals, and enhance transparency and predictability under the Advance Authorisation Scheme, as per an official statement issued on Fr…
New Delhi, Feb 21 (IANS) India’s pharmaceutical exports grew by 9.4 per cent in 2024–25 to reach $30.47 billion, and the industry is now preparing to achieve double-digit growth in 2026–27 with strong government support, the Ministry of Commerce and Industry said on Saturday.The interaction, organised on the theme “Scaling up Pharma Exports,” reflected the government’s focus on expanding India’s global footprint in medicines through closer coordination with industry and regulators….
New Delhi, Feb 20 (IANS) The Central Consumer Protection Authority (CCPA) on Friday said it has issued notices to six e-commerce platforms for listing and offering for sale restricted wireless transmitting devices including drones.The six e-commerce entities are Everse, IndiaMart, Xboom, Javiat Aerospace, AirONE Robotics and Maveric Drones & Technologies Pvt Ltd.The online entities sold “Anti-Drone Systems”, “Drone Jammers” and “GPS Jammers”, in an alleged violation of the Consum…