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Govt allows pharma formulations exports under export-linked scheme

Govt allows pharma formulations exports under export-linked scheme NEW DELHI: The government on Friday allowed the exports of 13 formulations including those made of Vitamin B6, B12 and B1 under advance licenses issued on or before March 3. It also permitted exports of the restricted 13 active pharmaceutical ingredients (API) and 13 formulations is allowed from units in special economic zones (SEZ). The Directorate General of Foreign Trade (DGFT) had restricted the exports of 26 active pharmaceutical ingredients (API) and…

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Sugar exports from India will again pick up soon, says ISMA

Sugar exports from India will again pick up soon, says ISMA Pune: Industry body Indian Sugar Mills Association (ISMA) has said that despite COVID-19 impacting global sugar prices, increased demand for Indian sugar from Indonesia will help the sugar exports to pick up again. In a release issued today, ISMA said, “As per reports available, sugar mills have dispatched almost 30 lac tons of sugar from their factories for export against MAEQ of 60 lac tons till 15.3.2020. As per…

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Covid-19 scare shoots up demand for India’s raw turmeric

Covid-19 scare shoots up demand for India’s raw turmeric PUNE: Turmeric sales to Europe and West Asia have shot up because its medicinal properties are getting renewed attention at the time when the coronavirus is spreading rapidly, traders said. Concerns over the virus have also boosted domestic sales of fruits and vegetables, while the poultry industry is struggling to sell chicken even after a steep fall in prices. Raw turmeric is often used with hot milk, which is believed to…

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Ships in Corona virus affected countries banned until 31 March, not allowed to arrive at Indian ports

Ships in Corona virus affected countries banned until 31 March, not allowed to arrive at Indian ports In view of the increasing threat of Corona virus, the Indian government has started taking tough measures. The government said that international passenger ships to Corona virus-affected countries would not be allowed to arrive at Indian ports until 31 March. At the same time, the captain of the ship will have to hand over the documents to the port by a passenger or any member…

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Paid workshop Jaipur

ATTENTION Jaipur Members… A Golden Chance To Come Your City.. Global Fortune brings Mind-Blowing news for you and your entrepreneur friends – Global Fortune family invites you to earn in Doller.. “EXIM Business Blueprint” – An Entrepreneur Networking and International Business Growth Workshop – This workshop gives all detailed knowledge about Export & Import to inspire all the entrepreneurs to grow their business Internationally. The most Magnificent speaker KDSushma …Exporter, Entrepreneur, Trainer, Business & Life Coach. For Registration cal on…

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Free Seminar in Pune 26th March

“EXIM BUSINESS BLUEPRINT” @ Pune By KDSushma Most of people don’t know about Export- Import Business What you will learn : SCOPE & OPPORTUNITY OF EXIM  GOVERNMENT SCHEMES THAT PROMOTE EXPORT & IMPORT HOW TO MINIMIZE & OVERCOME RISK IN THIS SEMINAR. Register Now

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Cabinet approves RoDTEP scheme to reimburse taxes, duties paid by exporters

Cabinet approves RoDTEP scheme to reimburse taxes, duties paid by exporters New Delhi: The Union Cabinet on Friday approved the Remission of Duties or Taxes on Export Products (RoDTEP), a scheme for exporters to reimburse taxes and duties paid by them such as value added tax, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not getting exempted or refunded under any other existing mechanism. “This RoDTEP scheme is very important for our exports to get…

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