WORLD TRADE SCANNER

Pay Duty on Re-export after 12 months of Import

ABS News Service/23.11.2020

Govt Allows Foreign Seafarers to Sign on at Indian Ports

ABS News Service/23.11.2020

India is Net Exporter of Agri Machinery; EEPC India Organises FarmMech 2020 to Promote Exports

ABS News Service/23.11.2020

India likely to Report Current Account Surplus for Current Fiscal Year, CEA Subramanian

ABS News Service/23.11.2020

CAIT in War against Arbitrariness of E-commerce Portals

ABS News Service/23.11.2020

Modi Highlights Solar, Disaster and Climate in G20 speech at Riyadh

ABS News Service/23.11.2020

WTO Urges G20 to Support Economic Rebound, Pandemic Response and WTO Reform

ABS News Service/23.11.2020

India Korea FTA under WTO Scan

·   Economic Partnership Agreement between EU and Cameroon

·   Economic Partnership Agreement between the EU and the SADC States (Botswana, Eswatini, Lesotho, Mozambique, Namibia and South Africa)

·   Comprehensive Economic Partnership Agreement between India and Korea

·   Free Trade Agreement between EFTA and the Philippines

·   Free Trade Agreement between Australia and Hong Kong, China

·   Comprehensive Economic Partnership Agreement between Chile and Indonesia

·   RTAs and transparency

ABS News Service/21.11.2020

World Trade Moves Up by 15 points after Covid Crash

ABS News Service/21.11.2020

Cotton-4 Reports on by-products Initiative, Cotton Trade and Development Issues Discussed

ABS News Service/21.11.2020

Virtual Symposium to Mark 25 years of the TRIPS Agreement

ABS News Service/21.11.2020

FM Sitharaman Tight Lipped in G20 Meet

ABS News Service/21.11.2020

WTO Concerned as Third World Countries Slap Trade Restrictions

ABS News Service/20.11.2020

WTO’s Achievements, Challenges addressed at 25th Anniversary Event

ABS News Service/20.11.2020

Customs Arrests Three with 3kg Gold at Mumbai Airport

·   Gold Dust a favourite with Smuggler

ABS News Service/20.11.2020

Duty-free Shop in Trivandrum Smuggles Liquor into DTA

ABS News Service/20.11.2020

G20 Leaders’ Summit on Nov. 21-22, 2020

ABS News Service/20.11.2020

Joint Statement on the India-Luxembourg Virtual Summit

ABS News Service/20.11.2020

List of Agreements Acknowledged on the Occasion of India-Luxembourg Virtual Summit

ABS News Service/20.11.2020

Minister Anurag Thakur Bats for Legalising Betting

ABS News Service/20.11.2020

UAE Suspends Issuance of Visitor Visas to Pakistan & 11 other Countries

ABS News Service/20.11.2020

China Perceives Rising India as 'Rival'; wants to Constraint its Partnership with US, Allies, Report

ABS News Service/19.11.2020

Financial Services Centres Authority (Global In-House Centres) Regulations, 2020

IFSCA/2020-21/GN/REG 003 Notification dated 12 November 2020

WTO Report Shows Slowdown in G20 Trade Restrictions as COVID-19 Impacts World Economy

ABS News Service/19.11.2020

Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020

Notification No. IBBI/2020-21/GN/REG065 dated 13 November 2020

Inter State Fake Invoice racket with fake transactions valued at over Rs. 131 Crore value busted by DGGI involving fraudulent Input Tax credit of Rs. 26.09 Crore

ABS News Service/19.11.2020

Nashik based Builder Arrested for Rs. 4.86 crs False ITC Case

MoF Press Release -Mumbai/Nagur, November 19, 2020

WTO Marks its 25th Anniversary

ABS News Service/19.11.2020

WTO Members Discuss Implementation of Preferential Rules of Origin for LDCs

ABS News Service/19.11.2020

Former Trade Minister Anand Sharma Advocates RCEP Membership

ABS News Service/18.11.2020

DIPP Issues Revised SOP for Investments under Government Route

No. 1/8/2016-FDI Policy dated 9th November 2020

Telangana Decides to Go for Option-1 to Meet the GST Implementation Shortfall

·    State will get Rs.2,380 crore through Special Borrowing Window and also Permission to Raise Additional Rs.5,017 crore through Borrowings

ABS News Service/18.11.2020

Telephone Conversation between PM Modi and Joseph R. Biden, President-elect of the United States of America

·    The Prime Minister also extended his heartiest congratulations and best wishes to Vice President-elect Senator Kamala Harris

ABS News Service/18.11.2020

SPS Declaration in 2021 Nur-Sultan Ministerial Conference

ABS News Service/18.11.2020

New Initiatives Launched to Intensify WTO Work on Trade and the Environment

ABS News Service/18.11.2020

Agriculture Negotiators Discuss Focus of New Talks as Facilitators Report on First Findings

ABS News Service/18.11.2020

Will China Walk the Talk of Collaborative Multilateralism at the Moscow Summit?

ABS News Service/18.11.2020

China-Led RCEP is Signed, in Challenge to U.S.

·      India Pulled Out of the Negotiations in July

ABS News Service/17.11.2020

The RCEP Question – Door is Open for India

ABS News Service/17.11.2020

R.K. Jain Founder CENTAX Publications No More

ABS News Service/17.11.2020

Govt Tightens Regulatory Grip Over Digital Media, Only 26% FDI Allowed, Registration and Returns must

·      Deadline of 15 Oct 2021 laid out

ABS News Service/17.11.2020

Govt Mulls Easing Rules for Border Nation FDI, 26% FDI from China may be Allowed

ABS News Service/17.11.2020

Thailand, European Union Question India’s Import Restrictions on Tyres, ACs and TV Sets

ABS News Service/17.11.2020

India's Gold Imports Drop 47 percent during April-October; Fall to $9.28 billion

ABS News Service/16.11.2020

Enforcement Directorate Chief Sanjay Mishra Gets Tenure Extension

ABS News Service/16.11.2020

Thailand Joins WTO Negotiations on Services Domestic Regulation

ABS News Service/16.11.2020

Good Progress in the Formal Negotiations for an Investment Facilitation Agreement

ABS News Service/16.11.2020

Anger in China after Domestic Abuse goes Live

ABS News Service/16.11.2020

New Asia-Pacific Trade Deal Shows China’s Clout

ABS News Service/16.11.2020

Ministry of I&B Requests Compliance of Policy on FDI in Digital Media within A Month

ABS News Service/16.11.2020

Union Labour Ministry Notifies Draft Rules under the Code on Social Security 2020

ABS News Service/16.11.2020

Finance Minister Announces Aatma Nirbhar Bharat 3.0 Stimulus worth ₹ 2.65 Lakh Crore

Min of Finance/12.11.2020

Last Date for Filing Applications under Sabka Vishwas (Legacy Dispute Resolution) Scheme Extended to 31st December, 2020 for UT of Jammu & Kashmir and UT of Ladakh

Min of Finance/12.11.2020

Proposal for Allocation Funds for MEIS for the FY 2019 and for 9 months of the FY 2020-21 i.e. from 01.04.2020 to 31.12.2020

CBIC Office Memorandum/12.11.2020

PM Addresses 17th ASEAN India Summit, Underlines Security in Region under China Threat, Offers $1bn for ASEAN Connectivity

ABS News Service/13.11.2020

NTPC Develops Geo-polymer Aggregate from Fly Ash

Min of Power Press Release/ 13.11.2020

Atmanirbhar Bharat Package 3.0

Min of Finance /12.11.2020

Draft Model Bid Documents - National Programme on Advance Chemistry Cell (ACC) Battery Storage

NITI Aayog Stakeholders Consultation/11.11.2020

Agriculture Ministry Organizes Virtual Meet on ‘Value Chain Creation for Kiwi Fruit – Farm to Fork’

ABS News Service/12.11.2020

Cabinet Approves Continuation and Revamping for Financial Support to Public Private Partnerships in Infrastructure Viability Gap Funding VGF Scheme

ABS News Service/12.11.2020

DG GST Intelligence, Mumbai, Arrests Four Persons for Passing on and Availing Fictitious Input Tax Credit

ABS News Service/12.11.2020

Firm Busted for Availing Benefit from Bogus Invoices of around Rs 685 crore

MoF Press Release/12.11.2020

Govt Sets Up 22 Member Inter-Ministerial Committee to Strengthen the Capital Goods Sector

ABS News Service/12.11.2020

High-Level Dialogue Reviews Accessions of Arab Countries, Marks Oman’s 20th WTO Anniversary

ABS News Service/12.11.2020

IFSC Authority Approves the International Financial Services Centres Authority (Banking) Regulations, 2020

ABS News Service/12.11.2020

IFSC International Retail Business Development Committee Presented the Final Report to IFSCA

ABS News Service/12.11.2020

Piyush Goyal Invites the Global Investors to Invest in India

ABS News Service/12.11.2020

10 Key Sectors Introduced under PLI Scheme for Enhancing Exports and Manufacturing Capabilities

ABS News Service/11.11.2020

Cabinet Gives in-Principle Nod to PLI in 10 Sectors, Sops Worth Rs 1.4 lakh crore Likely

ABS News Service/11.11.2020

GST cannot Block Import Export Code (IEC): Bombay High Court

ABS News Service/11.11.2020

Finance Ministry Moves to Set Up Database of Migrant Workers

ABS News Service/11.11.2020

WTO Members Adopt Timeline for Review of TBT Agreement, Discuss Environmental Concerns

ABS News Service/11.11.2020

Quarterly GSTRs Pose New Hurdles for MSMEs – Monthly Returns and Quarterly Returns Create Mismatches

·      Provisional Credit is the Solution, say Experts

ABS News Service/11.11.2020

British Prime Minister Johnson Defeated in Parliament on Treaty-Breaking Brexit Laws

ABS News Service/11.11.2020

STOP PRESS

New Faceless Assessment Creating Logjams in Customs Clearance

ABS News Service/10.11.2020

WTO Shares Views with International Agency Heads on Future of Multilateral Cooperation

ABS News Service/10.11.2020

Draft Data Centre Policy 2020

Ministry of Electronics & Information Technology

29 Projects Approved under Chairmanship of Narendra Singh Tomar

·   Projects to Generate Employment of About 15000 and to Benefit Over 2 Lakh Farmers

·   21 Projects to Leverage Investment of Rs 443 Crores

ABS News Service/10.11.2020

Economy Needs a Mega ‘Capital Expenditure’ Push: C Rangarajan

·   Former RBI Governor Optimistic on Growth Recovery in 2nd half

ABS News Service/10.11.2020

Finance Minister Nirmala Sitharaman Attends 1st BRICS Finance Ministers and Central Bank Governors Meeting

ABS News Service/10.11.2020

The 15th Finance Commission Submits its Report for 2021-22 to 2025-26 to the President of India

ABS News Service/10.11.2020

Joe Biden’s Victory Makes Major Stimulus Unlikely before January

ABS News Service/09.11.2020

Regime Change in US a Shot in the Arm for Chabahar Port Project

ABS News Service/09.11.2020

US President-elect Joe Biden to Keep India-US Relations Chugging on Track

ABS News Service/09.11.2020

All 4 Wheel Vehicles required to have FASTags from 1 Jan 2021

·   MoRTH Issues Notification for Promotion of Digital and IT based Payment of Fees through FASTag

ABS News Service/09.11.2020

New Online System of MSME/Udyam Registration Stands the Test of Time & Technology

ABS News Service/07.11.2020

Huge Shortages in FMCG as Govt Policy Fails to Fulfil Consumer Demand

ABS News Service/07.11.2020

General Council Meeting on DG Selection Postponed

ABS News Service/07.11.2020

WTO Working Group Finalises Package of Declarations and Recommendations to Assist Small Business

ABS News Service/07.11.2020

China Exports Remain Strong in October, Import Growth Slows

ABS News Service/07.11.2020

Great Eastern’s Bulk Carrier Crew Stuck Off Jintang in North China at Chinese Port for 5 months without Relief

ABS News Service/07.11.2020

China Cites Covid Concern to Suspend Entry of Travellers from India

ABS News Service/07.11.2020

India-Italy Virtual Summit Held on 6 Nov

ABS News Service/07.11.2020

Suspend New Customs Rules of Origin CAROTAR 2020, Review Terms of EPA, FTA

ABS News Service/06.11.2020

Rajasthan Decides to Go for Option-1 to Meet the GST Implementation Shortfall

ABS News Service/06.11.2020

Companies Get GST Audit Notices from Various States

ABS News Service/06.11.2020

New WTO Paper Explores Linkages between Trade and the Spread of Diseases of Animal Origin

ABS News Service/06.11.2020

Acrylonitrile under Compulsory BIS Standards

Min of Chemical & Fertilizers Order S.O. 3999(E) dated 4 November 2020

Declaration of the Private Sector on Climate Change a Historic Step, Prakash Javadekar

·   India CEO Forum on Climate Change Forges Long Standing and Sustainable Partnership between the Government and Private Sector

ABS News Service/06.11.2020

Draft Regulation on Food Safety and Standards (Health Supplements, Nutraceuticals, Food for Special Dietary Use, Food for Special Medical Purpose, Functional Foods and Novel Foods) Amendment Regulations, 2020

FSSAI Notification 29.10.2020

Gadkari Calls for Greater Utilization of Bamboo Resources; Reducing Logistics Cost

·   Minister Inaugurates Virtual Bamboo Exhibition

ABS News Service/06.11.2020

Loan Moratorium Case: Facing Great Difficulties with Interim Order on NPAs, says RBI to SC

ABS News Service/06.11.2020

Maleic Anhydride, Technical under Compulsory BIS Standards

Min of Chemical & Fertilizers Order S.O. 4000(E) dated 4 November 2020

Massive Encouragement for ‘Other Service Provider’ Industry in BPO and ITeS Sectors

·   Liberalized Guidelines issued by Government of India

ABS News Service/06.11.2020

PM Chairs Virtual Global Investor Roundtable

ABS News Service/06.11.2020

Travellers Take Note! Return to 2019 Levels expected only by 2023, UNWTO Confidence Index

ABS News Service/06.11.2020

UGC Issues Guidelines for Re-opening the Universities and Colleges Post Lockdown Due to COVID-19 Pandemic

ABS News Service/06.11.2020

Workshop on Information Technology Agreement to be Held in Spring 2021

ABS News Service/06.11.2020

Patents Rules 2003 Amended

·      New Table of Application Fee Issue for e-Filing and Physical Filing

·      Amount Raised by Two to Three Times

·      No Concession on Transfer

Ministry of Commerce and Industry Notification dated 4th November 2020

Will you Get Compound Interest Waiver on Loan Account Sold by One Bank to Another? Check New FinMin FAQs

ABS News Service/05.11.2020

Interest on Interest Waiver: Banks Start Crediting Accounts; FinMin Issues Additional FAQs

ABS News Service/05.11.2020

Interest Waiver: Gold Loan Borrowers to be Eligible for Cashback from Lenders, says Govt

ABS News Service/05.11.2020

8th Meeting of the India-UAE High Level Joint Task Force on Investments

MoC&I Press Release/03.11.2020

WTO Members Highlight Key Role of Investment to Increase Small Economies’ Trading Capacity

ABS News Service/05.11.2020

Cabinet Approves Memorandum of Understanding between India and United Kingdom on Cooperation in the Field of Medical Products Regulation

ABS News Service/05.11.2020

Cabinet Approves Rs 1810 crore Investment Proposal of 210 MW Luhri Stage-I Hydro Power Project

ABS News Service/05.11.2020

Cabinet Approves Signing of the Memorandum of Understanding between India and Spain to Develop Scientific and Technical Collaborations in Astronomy

ABS News Service/05.11.2020

Cabinet Approves Signing of the Memorandum of Understanding between India and United Kingdom on Cooperation in the Field of Telecommunication/ICTs

ABS News Service/05.11.2020

Key Declaration on Climate Change to be Signed at the India CEO Forum on Climate Change

ABS News Service/05.11.2020

‘FinMin Expects Uptick in Economy to Hold, will Announce Next Stimulus Soon’

ABS News Service/04.11.2020

Customs to Move Interpol to Get Egyptian National with UAE Kerala Consulate in Gold Case

ABS News Service/04.11.2020

CBI Arrests Four Accused including a Deputy Commissioner of Customs in Old Document Forgery Case for Exports

ABS News Service/04.11.2020

The Arbitration and Conciliation (Amendment) Ordinance 2020

Min of Law and Justice Ordinance No. 14 of 2020 dated 4 November 2020

High Court Grants Bail to Party after 134 days behind Bars for Fraudulently Availing ITC

ABS News Service/04.11.2020

Software Sales can’t be “Royalty” under India-Finland Tax Treaty: ITAT

ABS News Service/04.11.2020

Customs Duty to be Phased Out Slowly, Says Rev Secy

ABS News Service/03.11.2020

India’s Trade Continues to Shrink with Oct Exports Down 5.4% and Imports 11.6%

MoC&I Press Release/03.11.2020

Anti-Dumping Committee Holds First 2020 Meeting

ABS News Service/03.11.2020

WTO Fisheries Subsidies Negotiating Group Introduces Revised Draft Consolidated Text

ABS News Service/03.11.2020

IMF Tells G20 Countries to ‘Keep Spending’ on Covid-19 Crisis

ABS News Service/03.11.2020

Manufacturing PMI at a Decade-High as Factories Recover from Covid Blues

ABS News Service/03.11.2020

Tele-Law Touches a New Milestone; 4 Lakh Beneficiaries received Legal Advice under the Initiative through CSC

·    2.05 lakh Advices have been Enabled during the First Seven Months of FY-20-21 as against total 1.95 lakh Advices given till April 2020

·    Enriching IEC has been uploaded on its public portal that may be accessed on https://www.tele-law.in/

ABS News Service/03.11.2020

TN Govt Rolls Out 100% Tax Exemption for E-vehicles

ABS News Service/03.11.2020

India has time till December-end to Appeal against Vodafone Arbitration Award

ABS News Service/03.11.2020

e-Invoice Completes one month on 31st October

·   More than 495 Lakh e-Invoices have been Generated on the NIC Portal by 27,400 Tax Payers within the First Month of Introduction

·   641 Lakh E-way Bills Generated during month of October, 2020, Highest in a month during 30 months of E-way Bill System

Ministry of Electronics & IT Press Release/02.11.2020

Central Govt Releases Rs 6,000 crore as Second Tranche to 16 States and 3 Union Territories on Account of GST Compensation under Special Borrowing Window

·   Ministry of Finance has Facilitated Loans of Rs 12,000 crore till date under the Special Window to States/UTs

ABS News Service/02.11.2020

Growth Back as GST Mop-up Tops ₹1-lakh cr

ABS News Service/02.11.2020

Emergency Credit Line Guarantee Scheme Extended by One Month

·   Loans of more than Rs. 2 lakh crore Sanctioned under ECLGS

MoF Press Release/02.11.2020

Media Registration for Aero India 2021 Begins from 2 Nov

ABS News Service/02.11.2020

RBI Set to Change India's Payments Picture with New QR Code Rules

ABS News Service/31.10.2020

WTO Cites “Chronic” Low Compliance with Subsidy Notification Requirements

ABS News Service/31.10.2020

Income-tax Exemption for Payment of Deemed LTC Fare for Non-Central Government Employees

MoF Press Release/29.10.2020

Kerala says its New Sea Food Park will Boost Seafood Exports

ABS News Service/30.10.2020

India, Italy Focus on Advanced Manufacturing; Railways & Agro-Industry to Lift Partnership to the Next Level

ABS News Service/30.10.2020

Fraudulent Input Tax Credit through Fake Billing of around Rs 1,278 crore Detected

·    Milk Food as Major Beneficiary Alleged

MoF Press Release/29.10.2020

DGGI Gurugram Arrests Man for Forging Input Tax Credit of Around Rs 392 crore from 31 Firms

MoF Press Release/29.10.2020

Members Indicate Strong Preference for Ngozi Okonjo-Iweala as DG

·    US Objects, wants Korean Yoo Myung-hee as New DG

ABS News Service/30.10.2020

Over 60 Safeguard Actions Reviewed at WTO Committee

·    India among 24 Countries on Hit list, EU Prominent in Steel Safeguards

ABS News Service/30.10.2020

Equalisation Levy Rules for E-commerce Operators Amended

CBDT Notification dated 28.10.2020

Thirteen Items of Rubber and Plastic Footwear along with Raw Material and Parts put in Compulsory BIS List, Standards to be Applicable on Imports

MoC&I Order dated 27 October 2020

Ten More Items Placed of Footwear under BIS Compulsory Licences, Measure Applicable on Imports

MoC&I Order S.O. 3860(E) dated 27.10.2020

Air Quality Commission for NCR Constituted by Ordinance

Min of Law and Justice Ordinance No. 13 of 2020 dated 28 Oct 2020

Pharma PLI Scheme Revised for Bulk Drugs and Manufacturing of Medical Devices

·   ‘Minimum Threshold’ Investment Requirement Replaced by ‘Committed Investment’

·   This takes into account availability of Technology Choices which varies from Product to Product

·   Last date of Filing Applications by Potential Investors Extended by One Week upto 30.11.2020

ABS News Service/29.10.2020

Customs Plans to Invoke Draconian COFEPOSA for Preventive Detention without Trial against Sarith, Six Others

·   NIA and Customs in Turf War, ED too in the Picture

ABS News Service/29.10.2020

Finance Minister Leads Indian Delegation in 10th Round of Ministerial UK-India Economic and Financial Dialogue

ABS News Service/29.10.2020

Who Invented AarogyaSetu, MEITY Issues Clarification regarding Orders Passed by Central Information Commission on an RTI Query

PIB Press Release/28.10.2020

Cabinet Approves Extension of Norms for Mandatory Packaging in Jute Materials

ABS News Service/29.10.2020

Cabinet approves Mechanism for Procurement of Ethanol by Public Sector Oil Marketing Companies under Ethanol Blended Petrol Programme

·   Revision of Ethanol Price for Supply to Public Sector OMCs for Ethanol Supply Year 2020-21

CCEA Press Release/29.10.2020

STOP PRESS

Bank Guarantee for FTA Imports and Post Import Audit Leave Importers Breathless

ABS News Service/28.10.2020

Payment in Foreign Currency must for Duty Drawback for Supplies into FTWZ from DTA

MoC Notification dated 23 October 2020

Revival on, India will be Fastest Growing Economy Next Year

ABS News Service/28.10.2020

Minister Stresses on Preparing a Long-term Roadmap on Reforming an Ailing and Imbalanced Global Trading System

ABS News Service/28.10.2020

Two More Regulations for Gift City, Bullion Exchange and Fin Centre, Okayed

·    International Financial Services Centres Authority (Bullion Exchange) Regulations, 2020

·    International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020

ABS News Service/28.10.2020

Kerala Gold Smuggling Case: IAS Officer M Sivasankar Taken into Custody by Enforcement Directorate

ABS News Service/28.10.2020

Customs will become Contactless, Paperless, and Faceless while Striving for Trade and Industry Facilitation and for Building Aatma Nirbhar Bharat, says Senior Officials of Customs Department

ABS News Service/28.10.2020

India Post and United States Postal Service (USPS) Signs Agreement for Electronic Exchange of Customs Data related to Postal Shipments Exchanged between the Two Countries

·    The Agreement Aims to Facilitate ‘Ease of Exports’ for Small and Large Exporters through Postal Channels

ABS News Service/28.10.2020

Global Foreign Direct Investment Halved in First Six Months of 2020

ABS News Service/28.10.2020

Covid-19: MHA Extends Guidelines for Re-opening till November 30, Most Remain Unchanged

·   Air Travel, Cinema, and Schools still under Restrictions even as Covid under Retreat

ABS News Service/27.10.2020

MHA Extends the Guidelines for Re-opening

·   Moving Ahead with Caution (सतर्कता के साथ अग्रसर)

·   States/ UTs Advised to Enforce COVID-Appropriate Behavior

PIB Press Release/27.10.2020

Dept of Revenue Invites Suggestions for Union Budget 2021-22 from Industry and Trade Associations – Last Date 13 Nov’2020

FNo.334/4/2020-TRU dated 23 October 2020

Negotiations on E-commerce Continue, Consolidated Text Expected by the End of the Year

ABS News Service/27.10.2020

‘Direct Port Entry Facility’ for Exports at V.O. Chidambaranar Port (Tuticorin)

ABS News Service/27.10.2020

Customs Insisting on Bank Guarantees in 90% FTA Cases

ABS News Service/25.10.2020

GST Officials Arrest Person for Trading Fake Invoice, Generating ITC Worth Rs 52.19 Crore

ABS News Service/25.10.2020

ED Alleges Sivasankar Pulled the Strings of Gold Smuggling Racket

ABS News Service/25.10.2020

MLA Involved in Kerala Gold Smuggling Case, Customs Report

ABS News Service/25.10.2020

Trade War with China didn’t Boost U.S. Manufacturing

ABS News Service/25.10.2020

Import of Food only with FSSAI Food Import Clearance

·      Provisional Clearance only for pre-pack Food Form 13A Declaration

FSSAI F.No. 1-1275/FSSAI/Import/2015 dated 20 October 2020

Food Safety and Standards (Prohibition and Restriction on Sales) Regulations, 2011 Amendments

FSSAI Notification F. No. Stds/Agmark-BIS/02/FSSAI-2018 dated 20 October 2020

Defence Canteens to Ban Import of Finished Goods

ABS News Service/24.10.2020

House Panel Calls Meet on 5G Preparedness

ABS News Service/24.10.2020

Indo-US 2+2 Dialogue: Focus on Addressing ‘Dragon in the Room’, taking Strategic Partnership to a New Level

ABS News Service/24.10.2020

Income Tax Returns dates Extended to Dec 2020 or Jan 2021

MoF Press Release/24.10.2020

Parliament Committee Irked by Amazon’s Refusal to Appear before It

ABS News Service/24.10.2020

Trump’s ‘Filthy’ Comment Overlooks Steps Taken by India to Cut Carbon Footprint

ABS News Service/24.10.2020

WTO Hails United Nations on its 75th Anniversary

ABS News Service/24.10.2020

Members Discuss Proposals on Trade in Environmental and Agricultural Services

ABS News Service/24.10.2020

Services Trade Drops 30% in Q2 as COVID-19 Ravages International Travel

ABS News Service/24.10.2020

Stock Limit on the Onions of 25MT for Whole Sellers and 2MT for Retailers for a period from 23 Oct to 31 Dec 2020

·   Sale from the Buffer Stock Stepped Up

ABS News Service/23.10.2020

International Travel other than Tourist Allowed

ABS News Service/23.10.2020

IFSCA Committee submits second interim report on development of international retail business – Finserv from India

MoF Press Release/22.10.2020

Trade Facilitation Key for Access to Goods to Tackle COVID-19

ABS News Service/23.10.2020

NTBs Relaxed to Facilitate Onion Import from Iran and Egypt for Import upto 15 Dec 2020

·   NAFED and Other PSUs not in Import Race, Field Open for Private Players

Press Release/21.10.2020

Govt Relaxes Import Norms for Onion to Boost Domestic Supply, Check Prices

ABS News Service/22.10.2020

12 LMT of Subsidised Apple from Kashmir Flood Indian Markets

ABS News Service/22.10.2020

International Real Estate Trusts Allowed to List in Gift City, Abad Exchange for Global Operations

ABS News Service/22.10.2020

World Trade Rebounds Slowly in Sept Quarter, Outlook Uncertain, UNCTAD Reports

ABS News Service/22.10.2020

US Proposes not to Issue Business Visa for H-1B Speciality Occupations

ABS News Service/22.10.2020

Priority Filing of Patents Allowed in India under Patents Corp Treaty

DPIIT Notification GSR 652(E) dated 19 October 2020

Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Rules, 2020 Notified

Min. of Agri Notification GSR 650(E) dated 20 October 2020

Farmers’ Agreement on Price Assurance and Farm Services (Dispute Resolution) Rules, 2020 Notified

Min. of Agri Notification G.S.R. 655(E) dated 21 October 2020

Opium Poppy Licence for Cultivation Rules Issued for Crop Year 2020-21

Min of Finance Notification No. 02/2020-Narcotics Control-1 dated 21 October 2020

AAAR Rules Mere Printing of Advertisement on PVC Banners and Supply of Service Attract 12% GST under Heading 9989

ABS News Service/21.10.2020

India and South Africa Asks for TRIPS Waiver on Covid-19

ABS News Service/21.10.2020

Raghuram Rajan says Demonetisation, GST and Covid will Hold Back the Economy

·    Lower Middle Class Slipping Back into Poverty

ABS News Service/21.10.2020

Responsibilities of State Govt for Environmentally Sound Management of Hazardous and Other Wastes – Rules 5(2) Clause (a), (c) and (d) Amended – Scope of Activities Enlarged

MoEF&C Notification G.S.R. 641(E) dated 9 October 2020

Food Safety and Standards (Laboratory and Sample analysis) Regulations, 2011 Amendments

FSSAI Notification dated 15.10.2020

9th Session of India-Oman Joint Commission Virtual Meeting Held

ABS News Service/20.10.2020

Centre Nudges 2,800 Large Corporates to Clear Dues of MSMEs by Oct-End

ABS News Service/20.10.2020

IFSCA Introduces Framework for Regulatory Sandbox to Tap into Innovative FinTech Solutions

ABS News Service/20.10.2020

China to Start Hi Tech Export Control to Allow Retaliation against US

ABS News Service/19.10.2020

CBI Rakes up Old 2012 Gold Case in Connection with Missing 2.6kg Gold in Bangalore, Arrests Six

ABS News Service/19.10.2020

Sandeep Nair in Gold Smuggling Case in COFEPOSA to Stop him from Turning Approver in NIA Case

ABS News Service/19.10.2020

40% Discount on Cargo Movement between India and Chabahar Port Extended for One Year

·   Discount Applicable on Cargo being Handled at JNPT and Deendayal Port from/to Shahid Beheshti Port, Iran

Ministry of Shipping Press Release 16 October 2020

Finance Minister Nirmala Sitharaman Participates in 102nd Meeting of the World Bank Development Committee Plenary

Ministry of Finance Press Release dated 16 October 2020

Exports on Uptick as Imports Flounder

·   Exports Grew 6% in Sept after Six Months of Contraction, Trade Deficit Narrows

Ministry of Commerce & Industry Press Release dated 15.10.2020

DG Shipping Notified as National Authority for Ships Recycling

·   DG, Shipping Designated as an Apex Authority under the Recycling of Ships Act, 2019 for the Ship Recycling Industry of India

·   Office of National Authority will be Set Up in Gandhinagar, Gujarat

ABS News Service/16.10.2020

Narcotics Control Bureau (NCB) Affected Multiple Pan-India Operations wherein Mumbai Emerged as Major Destination

·   Seizure at Mumbai - 1 kg of Cocaine, 2 kg of P.C.P. (Phencyclidine), 29.300 kg MDA, 70 Gms of Mephedrone

·   In Separate Operation 56 kg of Hashish seized at Jammu whose main Receiver was Arrested from Mumbai

MHA Press Release/15.10.2020

New WTO Report Looks at the Global Intellectual Property System and COVID-19

ABS News Service/16.10.2020

No E-Way Bills for GSTR-3B Defaulters from 15 Oct, Warns CBIC

ABS News Service/16.10.2020

Nirmala Sitharaman in G20 Finance Meeting through Video Conferencing

·   Debt Service Suspension Initiative (DSSI) which provides time bound suspension of debt service payments for the low income debtor countries – Six Month Extension Proposed

ABS News Service/15.10.2020

India is One of the Largest Manufacturers and Exporters of Generic Medicines Across the World

·   Market Size of Chemicals & Petrochemicals Sector in India is Around 165 billion dollars; expected to double by 2025: DV Sadananda Gowda

Press Release/ 15.10.2020

MSME Ministry Introduces Intel Sponsored Artificial Intelligence (AI) and Machine Learning (ML) Strengthening its Single Window System Portal ‘Champions’ to assist MSMEs of the Country

Press Release/ 14.10.2020

WTO Members Search for Compromise as Text-Based Negotiations on Fishing Subsidies Continue

ABS News Service/15.10.2020

DTAA to Prevail over DDT

ABS News Service/15.10.2020

Bombay High Court says Imports without BIS cannot be Seized or Confiscated without Order, Caustic Soda Consignment from Iran Released

ABS News Service/14.10.2020

Notification for the of Starting Activities in SEZ - Date Extended to 31st Mar 2021 from 30 Sept

·   The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Ministry of Law and Justice/ 29.09.2020

Twenty States Allowed to Mobilize Rs.68,825 crore thru Open Market

ABS News Service/14.10.2020

50% Subsidy under Operation Greens Scheme

·   Subsidy under Operation Greens a Step towards Aatma Nirbhar Bharat: Narendra Singh Tomar

·   Transportation Subsidy for Kisan Rail Scheme Too

Press Release/14.10.2020

DoCA to Release 40,000 MT of Tur from the Buffer Stock in Open Market Sale

·   Andhra Pradesh, Kerala, Maharashtra, Bihar and Tamil Nadu Place Requirements for over 1 Lakh MT of Tur under Retail Intervention Scheme of Price Moderation of Pulses

DoCA Press Release/ 13.10.2020

WTO Members Discuss Contributions to Aid for Trade, Approve Stocktaking event on COVID-19 Impact

ABS News Service/14.10.2020

Maldives Considers Scrapping Free Trade Agreement (FTA) with China

ABS News Service/13.10.2020

No Consensus over Borrowing to Meet Compensation Shortfall

ABS News Service/13.10.2020

Negotiations on an Investment Facilitation Agreement show High Level of Engagement

ABS News Service/13.10.2020

Anil Ambani Case: HC sends Notice to Chinese Banks

ABS News Service/13.10.2020

Finance Minister Announces Measures of Rs 73,000 crore to Stimulate Consumer Spending Before End Of This Financial Year In Fight against COVID-19

·   Cash Payment and Leave Encashment in lieu of one LTC during 2018-21 according to Entitlement

·   Special Festival Advance Scheme Revived as a one-Time Measure for both Gazetted and non-Gazetted Employees

·   Special Interest Free 50-year Loans to States for Capital Expenditure for Rs. 12,000 crore

·   Additional Budget of Rs. 25,000 crore, in Addition to Rs. 4.13 lakh crore given in Union Budget 2020, is being provided for Capital Expenditure

ABS News Service/ 12.10.2020

Union Finance Minister Announces Stimulus to Boost Demand in the Economy: Highlights

·   “Total Demand Boost Due to today's Measures Expected to be more than ₹ 1 lakh crore”

ABS News Service/ 12.10.2020

GST Council Meet to Chart the Way Forward

ABS News Service/ 12.10.2020

GST Council Meeting - Showdown Expected between Centre and Oppn-Ruled States Over Compensation Cess

ABS News Service/ 12.10.2020

Telangana Issues Unlock-5 Guidelines

Order dated 07.10.2020

FIEO Welcomes the Decision of RBI to Discontinue the Automatic Caution-Listing while Simultaneously Monitor the Exports Realisation through Banks

ABS News Service/10.10.2020

Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) October 7-9, 2020

ABS News Service/10.10.2020

RBI Delivers without a Policy Rate Cut

ABS News Service/10.10.2020

Ludhiana Based Exhorts Arrested in Shimla for False ITC and Refund

MoF Press Release/09.10.2020

Min of Finance Press Release on Annual Return (GSTR-9) and Reconciliation Statement (GSTR 9C) for FY 2018-19

MoF Press Release/09.10.2020

India gets Second Set of Swiss Account Details under Automatic info Exchange Framework

ABS News Service/10.10.2020

UK to Join Government Procurement Pact in its Own Right in the New Year

ABS News Service/10.10.2020

WTO Launches New Import Licensing Platform

ABS News Service/10.10.2020

Brochure of Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (CAROTAR, 2020)

Brochure of CAROTAR, 2020

Commerce Ministry Releases Press Note on Export Policy on Kudremukh Iron Ore Pellets

·   Clarification on Iron Ore Exports

·   Duty free Iron Ore Pellet Exports Ongoing even before 2014

·   Export Policy Restriction put in 1998 only for KIOCL

MoC&I Press Note/08.10.2020

Great Wall Motors Chinese Co will Legit Soon

ABS News Service/09.10.2020

Nigerian and South Korean Ladies in Top of War Final Over WTO DG Post

·   Countries Trade Spoils to Reward Support

ABS News Service/09.10.2020

₹10-lakh-crore Stimulus can get the Economy Back to 2019-20 Growth Levels, says Pronab Sen

ABS News Service/08.10.2020

Blow to Indian Techies as US further Tightens H-1B Visa Rules

·   Narrows Definition of ‘Specialty Occupation’, Visa Validity Slashed to One Year from Three Years

ABS News Service/08.10.2020

Cabinet Ratifies Ban on Seven Hazardous Chemicals to Health & Environment Listed under Stockholm Convention as POPs Banned by Cabinet

(i) Chlordecone

(ii) Hexabromobiphenyl

(iii) Hexabromodiphenyl ether and Heptabromodiphenylether (Commercial octa-BDE)

(iv) Tetrabromodiphenyl ether and Pentabromodiphenyl ether (Commercial penta-BDE)

(v) Pentachlorobenzene

(vi) Hexabromocyclododecane, and

(vii) Hexachlorobutadiene

ABS News Service/08.10.2020

Export Markets Look Up for Two-Wheeler, Tractor Makers

ABS News Service/08.10.2020

Piyush Goyal says Trade & Economy Most Important Pillars of India- European Union Partnership

·   Hopeful of Working with EU towards a FTA

·   India can be the Trusted Partner and Countries can Work with India for Robust & Sustainable Global Supply Chains

ABS News Service/08.10.2020

PLI Scheme to Herald a New Era in Mobile Phone and Electronic Components Manufacturing

·   Ministry of Electronics and IT gives its Approval to 16 Eligible Applicants under the PLI Scheme

·   PLI Scheme has been Huge Success in Terms of the Applications received from Global as well as Domestic Mobile Phone Manufacturing Companies and Electronic Components Manufacturers: Ravi Shankar Prasad

·   Production of Rs. 10.5 lakh crore and Exports of Rs. 6.5 lakh crore Expected over next 5 years

·   Major boost to Make in India and AtmaNirbhar Bharat

Ministry of Electronics & IT Press Release/06.10.2020

Indian Textile Companies to Benefit from US-China Trade War

·   Vacuum Space Created by Restrictions could help Indian Garment Exporters, says Report

ABS News Service/07.10.2020

Government’s Indirect Tax Litigation Reduction Scheme 'Sabka Vikas' Challenged in Court

ABS News Service/07.10.2020

WTO Tempers Fall in World Trade to 9.2% in 2020 on ‘Strong’ June, July

ABS News Service/07.10.2020

RAISE 2020 –PM Modi inaugurates 5-Day RAISE 2020 Global AI Summit, says Committed to make India AI Hub of the World

ABS News Service/07.10.2020

AI Discussed on the 2nd day of RAISE 2020

·   As many as 55 experts discuss, over 10 sessions, the need to develop responsible AI that inspires consumer confidence

·   Top 21 AI solutions by Indian startups showcased to global audience

ABS News Service/07.10.2020

Exhibitions Crucial to Find Right Sourcing Partners for Business as India Begins Unlock 5

ABS News Service/07.10.2020

Guidelines for BIS Registration

Registrations/G-14:3 dated 1 Oct 2020

Recommendations of the 42nd GST Council Meeting Held on 5 Oct 2020 thru Video Conferencing

·    GSTR-1 and GSTR-2B to be Auto Populated from Jan 2021

ABS News Service/06.10.2020

Compensation Cess Extended beyond 2022, say Sources

ABS News Service/06.10.2020

Standard Operating Procedures on Preventive Measures to Contain Spread of COVID-19 during Festivities

MoH&FW SOP dated 6 October 2020

Appellate Body says Parota is only a Reheated Chapati, Ruling to Classify under Prepared Food in HS 2106 with 18% GST Quashed

ABS News Service/05.10.2020

Customs Officials Seize 21 Kg Gold woth Rs. 6.62 crs at Hyderabad Shamshabad Airport

·   Courier Imports was on way to Mumbai and Jaipur

ABS News Service/05.10.2020

Economy Unlock - Record 26.19 lakh E-way Bills Generated on September 30

ABS News Service/05.10.2020

WTO Members Review Four Minor RTAs between Developing Countries

·   Preferential Trade Agreement between MERCOSUR and SACU

·   Free Trade Agreement between ASEAN and the Republic of Korea

·   Preferential Trade Agreement between India and Afghanistan

·   The accession of Egypt to COMESA

ABS News Service/05.10.2020

Timor-Leste Formally Kick-Starts Its WTO Accession Process

ABS News Service/05.10.2020

Cameras, Microphones, Speakers among Seven Items in New CRO List

MeitY Notification S.O. 3429(E). dated 1 October 2020

IRN Number Must for GST Invoices in October Month Period

Notification No. 73/2020-Central Tax dated 1st October 2020

Display Panel and Touch Panel Duty Reverts to 10% as Exemption Notification Lapses, Phones to Cost More

ABS News Service/03.10.2020

Exports Rise for First Time in Six Months, up 5.27% in September

ABS News Service/03.10.2020

Dismissed Customs Officer Slapped with Rs 25 lakh Penalty for Smuggling Red Sanders worth Rs 1.2 crore in 2013

·      Indonesia Bound Ship was Recalled in Mid Sea

ABS News Service/03.10.2020

Home Secy to Head Panel to Clear FDI from China from Security Angle

ABS News Service/03.10.2020

Unlock 5.0

MHA Issues New Guidelines for Re-opening from 1 Oct 2020

·   Gives Flexibility to States UTs for Opening of Schools

·   Opens up more Activities Outside Containment Zones

·   Strict Enforcement of lockdown in Containment Zones till 31st October 2020

ABS News Service/01.10.2020

Agriculture Committee Discusses Bali and Nairobi Ministerial Decisions, Farm Policies and COVID-19 Impact

ABS News Service/01.10.2020

BRICS' NDB Approves Loans for Mumbai Metro ($241 mn) Delhi-Ghaziabad-Meerut ($500 mn) RRTS

ABS News Service/01.10.2020

Clarification on Doubts Arising on Account of New TCS Provisions

MoF Press Note/30.09.2020

Bangladesh Complains on NTBs by India at the Border

ABS News Service/01.10.2020

Tax Collected at Source (TCS) Applicable on All Forex Transactions under LRS w.e.f. 1st Oct '20

·   FAQ on TCS

ABS News Service/01.10.2020

Last Date for Filing GSTR-9 and GSTR-9C Extended to 31 Oct 2020

ABS News Service/30.09.2020

GST E-invoicing: Gradual Roll-Out will Ease the Pain

ABS News Service/30.09.2020

A Chartered Accountant’s Nightmare

ABS News Service/30.09.2020

Supreme Court Saves Past Importers from 200% Enhanced Customs Duty on Pakistan Imports Post-Pulwama Attack – Duty Applicable only with Forward Effect, no Retrospective Application from Previous Midnight of Notification Date

ABS News Service/30.09.2020

India may Soon Store Crude Oil in US, other Foreign Nations; Invites Cos to Enhance Domestic Capacity

ABS News Service/30.09.2020

Secondary Steel Units Urge PM to Ban Iron Ore Export to China

ABS News Service/30.09.2020

India Opposes Canada’s Proposal of Prior Notice for Tariff Changes in Farm Products at WTO

ABS News Service/29.09.2020

Google Removes 17 Apps from Play Store after Cloud Security Firm Cautions of Malware Causing WAP Fraud

ABS News Service/29.09.2020

Joint Statement for India-Denmark Green Strategic Partnership

ABS News Service/29.09.2020

WTO Workshops to Review Progress on Cotton By-Products Initiative

ABS News Service/29.09.2020

Bills to Replace Ordinances

Bill No. 116 of 2020 dated 18.09.2020

Essential Commodities (Amendment) Act, 2020

No. 22 of 2020 dated 27.09.2020

Defence, FDI under Auto Route Revised to 74% from 49%

Press Note No. 4 (2020 Series) dated 17.09.2020

India Wants Review of ASEAN FTA as other 14 Countries not Ready to Play Ball

ABS News Service/28.09.2020

India’s Crude Steel Output Falls Over 4 per cent to 8.48 MT in August: World Steel Association

·   Global Steel Production was at 155.374 MT in August 2019

ABS News Service/28.09.2020

Monetary Policy: RBI Likely to Hold Repo Rate Steady

ABS News Service/28.09.2020

Signs of Pick - up in Global Demand for Select Industrial Commodities Amidst Overall Subdued Trade: EEPC India

ABS News Service/28.09.2020

GST e-Invoicing to Start from Oct 1, as Planned, says GSTN CEO

·    Auto Population of GSTR-3B from Nov

ABS News Service/26.09.2020

Guidelines to Regulate and Control Ground Water Extraction in India

Notification S.O. 3289(E) dated 24.09.2020

ICJ gives Arbitration Award in Voda Cases against Govt, Ministry Studying Implications

ABS News Service/26.09.2020

India, Denmark Sign MoU on Intellectual Property Cooperation

ABS News Service/26.09.2020

NPPA Fixes Cap Price of Liquid Medical Oxygen and Medical Oxygen Cylinders

·    Cap Raised at Filler end to Rs. 25.71/CUM from Rs. 17.49/CUM

NPPA Press Note dated 26.09.2020

Investment Facilitation for Development Move into Negotiating Mode at WTO

ABS News Service/26.09.2020

Technical Barriers to Trade and Trade Concerns under Debate at WTO

ABS News Service/26.09.2020

Open Trade and Policy Reforms must for Food Security Goals, WTO DDG Wolff

ABS News Service/26.09.2020

Foreign Direct Investment (FDI) Policy in Defence Sector

DPIIT Press Note No. 4 (2020 Series) dated 17 September 2020

₹20,000 cr Retro Tax Case: Vodafone Wins Arbitration against India

ABS News Service/25.09.2020

Faceless Appeals Launched by CBDT - Honoring The Honest

ABS News Service/25.09.2020

Onion Prices Move North Despite Export Ban

ABS News Service/25.09.2020

RAISE 2020 – Mega Virtual Summit on Artificial Intelligence to be Held from October 5-9

·   Prime Minister Narendra Modi to Inaugurate the Summit ‘Responsible AI for Social Empowerment 2020 on 5th Oct at 7 PM’

·   Representatives from the Global AI Industry to Hold Discussions at the Summit

ABS News Service/25.09.2020

With Covid Restrictions Gone, Demonetisation Cash Deposits Back under the Taxman's Scanner

ABS News Service/25.09.2020

World Trade Falls 14% in Volume, 21% in Value in Q2 Amid Global Lockdown

ABS News Service/24.09.2020

Automobile Wheel Rim Component (Quality Control) Order, 2020

Department of Heavy Industry ORDER S.O. 3227(E) dated 21 September, 2020

Insolvency and Bankruptcy Code (Second Amendment) Act, 2020

No. 17 of 2020 dated 23rd September, 2020

Committee on RTAs Considers EU-Armenia, MERCOSUR-Israel Trade Agreements

ABS News Service/24.09.2020

Economic Contraction may Lead to Permanent Income Loss in India; GDP may Shrink 5.9% in 2020, says UNCTAD

ABS News Service/24.09.2020

Standards for Safety Evaluation of Hydrogen Fuel Cells based Vehicles Notified

ABS News Service/24.09.2020

Modi’s ‘Atmanirbhar Bharat’ has Downside Risks Too; will India Take Pre-liberalisation Stand Again?

ABS News Service/24.09.2020

New WTO Working Group Established to Deepen Trade and Gender Discussions

ABS News Service/24.09.2020

Insolvency and Bankruptcy Code, 2016 Amendments Bill Introduced in Rajya Sabha

Bill No. XXXI of 2020 dated 15 September 2020

Foreign Contribution (Regulation) Act, 2010 Amendments Bill Introduced in Lok Sabha

Bill No. 123 of 2020 dated 20 September 2020

Setting up of Industries by Foreign Companies

ABS News Service/23.09.2020

Steps to Boost the Growth of Industries

ABS News Service/23.09.2020

Customs Brokers Written Exam for 2021 Postponed till Declaration of Oral Exam Result of 2020

NACIN Notice dated 14.09.2020

GST Dept Moves Metropolitan Magistrate Court for Judicial Remand of Person Alleged in 29cr ITC Fraud Case

ABS News Service/23.09.2020

Agricultural Imports

ABS News Service/23.09.2020

Parliament gives its Approval to Taxation Bill

ABS News Service/23.09.2020

Direct Cargo Ferry Service between India and Maldives Started

·   Another Milestone in the Comprehensive Bilateral relations between India and Maldives, says Mandaviya

ABS News Service/23.09.2020

Development in MSME Sector

ABS News Service/23.09.2020

Granting Trademark under startup India

ABS News Service/23.09.2020

Hallmarking of Precious Metals

ABS News Service/23.09.2020

In wake of Covid 19 Pandemic, Permission Granted to the Petroleum and Explosives Safety Organisation (PESO) to Introduce ISO Tank Containers for Movement of Liquid Oxygen for Domestic Transport

ABS News Service/23.09.2020

Impact of Covid-19 Pandemic on Textile Industry

ABS News Service/23.09.2020

DDG Wolff Urges G20 Trade Ministers to Step Up Engagement on WTO Reform

ABS News Service/23.09.2020

SEZ Sops can be Based on Employment, R&D, Green-Tech Use, instead of Export Income, says ICRIER Study

ABS News Service/22.09.2020

Sales of Manufacturing Companies Declined 7.4% in FY20, RBI Data

ABS News Service/22.09.2020

Cabinet Approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2021-22

ABS News Service/22.09.2020

Hind Lever Boss Sure of India Reaching $ 10 tn status

ABS News Service/22.09.2020

IFSCA Committee Submits Interim Report on Development of International Retail Business

ABS News Service/22.09.2020

WTO Members Start Text-Based Negotiations on Fisheries Subsidies

ABS News Service/22.09.2020

WTO Members to Discuss Proposals to Enhance Special Treatment for Developing Countries

ABS News Service/22.09.2020

Action packed agenda in 28 Sept meet of WTO DSB

ABS News Service/22.09.2020

Customs Duty on Open Cell for TV may Revert to 5% after Lapse of Exemption on 1 Oct

ABS News Service/21.09.2020

Gujarat HC Rules CrPC not Applicable on DRI/Customs, No FIR under Sec 133 to 135 of CA, 1962 for Arrest Required

·      Sec 108 does not Require Magistrate – Arrest does not make Person Accused

ABS News Service/21.09.2020

Plastic Waste in SEZ to Continue for some more time, Matter before BOA in Commerce Min and DGEP as MoEF Opposes Import

ABS News Service/21.09.2020

Ministry for Duty Hike on Apple and Fruit Juices to Curb Imports on 26 Tariff Lines in Chapter 20 from Industry, Seeks Data from Industry

ABS News Service/21.09.2020

Steps to Facilitate the Reduction of Steel Imports

ABS News Service/21.09.2020

AG Opinion on Borrowing for GST Compensation

ABS News Service/21.09.2020

Safety Glass QC Order Amended to Exclude Rule 126 Cases

DPIIT Order S.O. 3190(E) dated 18th September, 2020

Fiscal and Monetary Policies in Aatma Nirbhar (Self Reliance) to Deal with Slowdown Due to COVID-19

ABS News Service/21.09.2020

Revised Consumer Protection Act 2019 Provides Protection against Unfair Contracts

ABS News Service/21.09.2020

President Approved The Aircraft (Amendment) Act, 2020

Ministry of Law and Justice Order No. 13 of 2020 dated 19th September, 2020

Parliament Passes The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020

ABS News Service/21.09.2020

Vivad Se Vishwas Scheme Extended till 3 Dec, Yields Rs. 9538 crs Revenue till date

ABS News Service/21.09.2020

472 Cases for BIS Clarification on Steel Imports, No Figures for Pending Applications for BIS Licences!

Ministry of Steel Press Release dated 19th September 2020

Bhilai, Rourkela Double Capacity after Modernisation

[Ministry of Steel Press Release dated 19th September 2020]

Steel Consumption falls 38% in Covid-19 Period

[Ministry of Steel Press Release dated 19th September 2020]

NIA Interrogates Kerala Education Minister in Gold Smuggling Case for Eight Hours

ABS News Service/18.09.2020

World Services Trade Volume Fell by 4.3% in Q1 of 2020

·   Services Trade Barometer Signals Resilience in Key Sectors Amid Overall Decline

ABS News Service/18.09.2020

Consumer Durables Industry Hopes Misuse of FTAs will be Curbed

ABS News Service/18.09.2020

Global Economic Recovery may Take 5 years, says World Bank Chief Economist

ABS News Service/18.09.2020

Harsimrat Kaur quits govt as LS passes farm Bills

ABS News Service/18.09.2020

Lok Sabha Passes The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020

ABS News Service/18.09.2020

Desktop PC Added in Public Procurement Order for Domestic Manufactured Item

MeitY Notification dated 07.09.2020

Ban on Chinese Products

ABS News Service/17.09.2020

Goods Export from SEZ Drops in Corona Period but Software up 9%

ABS News Service/17.09.2020

Exports in Lockdown Period

ABS News Service/17.09.2020

Single Window System

ABS News Service/17.09.2020

Shaktikanta Das Sees Economic Activity Stabilising in Q2; Lists Five Things to do to Revive Growth

ABS News Service/17.09.2020

At ₹2.53-lakh crore, Total Tax Mop Up Dips 22.5% in April-Sept

ABS News Service/17.09.2020

Agriculture Discussions at WTO to Enter New Phase this Month

ABS News Service/17.09.2020

WTO Issues Report on Measures to Expedite Access to COVID-19 Critical Goods, Services

ABS News Service/17.09.2020

Comoros Reaffirms Ambition to Secure WTO Membership by Next Ministerial Conference

ABS News Service/17.09.2020

August Exports Shrink 12.6%, Trade Deficit Hits 4-month High of $6.77 bn

ABS News Service/16.09.2020

August Exports Show similar Trends as in July 2020 as Businesses & Economic Activities Move towards Normalcy with Limited Local Lockdown, says FIEO President

FIEO/PUB/PR/23/2020-21 dated September 15, 2020

Implementation of Quality Testing (BIS Standards) of Toys Imports Extended to 31 Dec 2020

·    Standards to come into effect only from 1 Jan 2021

Order S.O. 3146(E) dated 15.09.2020

Piyush Goyal says Double Digit Growth in Exports Last Week Shows that Country is Showing Rapid Recovery;

·    Says time is Ripe for early Harvest Trade Deal with the UK

ABS News Service/16.09.2020

Customs’ Scrutiny to Check All Chinese Imports through FTA Countries from Sept 21

ABS News Service/16.09.2020

Chinese Investments Crash, Inflows nearly Half the Level Three Years Ago

ABS News Service/16.09.2020

25 Member Development Council for Footwear and Leather Industry Constituted, RK Gupta of Action Shoes Leads

ABS News Service/16.09.2020

House Panel for Abolishing Long-Term Capital Gains Tax on All Investments in Start-Ups

ABS News Service/16.09.2020

Government Working on Strong Legal Frameworks for Data Handling

ABS News Service/16.09.2020

WTO Members Discuss Participation of Developing Countries in World Trade

ABS News Service/16.09.2020

Pak, Others Will Benefit - Sharad Pawar Urges Onion Export Ban Rethink

ABS News Service/15.09.2020

Exporters Urge Govt to Sort Out Liquidity Issues to Help them Execute New Orders

ABS News Service/15.09.2020

No Retrospective Effect for Customs Duty Payment, Measure to Apply on Date and Time of the Notification Issued and not from the Midnight of the previous Day - Madras High Court Order in Peas Import Case

·   Customs Lose Case, Final Decision on Adjudication

ABS News Service/15.09.2020

Madras HC Directs Customs Authority for Provisional Release of Containers of Used Rubber Tyre Cut in Two Pieces upon Payment of Customs Duties

ABS News Service/15.09.2020

Importer Wins Case against Customs as matter time barred under Section 28(4) of Customs Act, 1962

ABS News Service/15.09.2020

MSME Instant Loan Approval Gains Popularity – Rs. 67k crs Sanctioned by End Aug

ABS News Service/15.09.2020

ICEA Seeks 25% Anti-Dumping Duty on Optical Fibre, Especially on Cheap Imports from China

ABS News Service/14.09.2020

ASEAN-India Ministerial Meeting

MEA New Delhi, September 12, 2020

CBIC Suspends Licences of 56 Customs Brokers Linked with Fraudulent Exporters

ABS News Service/14.09.2020

AP, Odisha Join 11 other States to Go for Borrowing

ABS News Service/14.09.2020

Export Benefits need to Seamlessly Flow to Exporters to help Execution of New Orders, says  FIEO President

FIEO/PUB/PR/22/2020-21 dated 14 September 2020

MSME Ministry writes to CMDs of top 500 Corporate Enterprises to show Solidarity with Smaller Units and Clear MSME Dues on Priority

·   Ministry of MSME Takes the Efforts even Deeper to Realise these Payments

·   After Government Agencies and Public Sector Units, Union Ministry takes up the matter with Private Corporates too

·   Enterprises with over Rs 500 crore turnover required to onboard TReDS platform to improve cash flow to MSMEs

MSME Press Release/14.09.2020

Establishment of Biofuel Stations

ABS News Service/14.09.2020

India Plans to Restrict Copper, Aluminium Imports with an Eye on China

ABS News Service/12.09.2020

Customs Seizes Smuggled Textiles worth Rs 3.3 crore on Fishing Trawler to Bangladesh

·   No Shortage of Textiles in India, Smuggling to good since Export Incentives are Saved

ABS News Service/12.09.2020

Achieving Divestment Target this year will be a Challenge, says CEA

ABS News Service/12.09.2020

CARE expects GDP to contract 8-8.2% in FY21

ABS News Service/12.09.2020

India, China Agree on Five Guiding Principles to Resolve Current Stand-Off

ABS News Service/12.09.2020

Aero Show Feb 2021 Countdown Begins

·   Raksha Mantri Launches Aero India 21 website; Space Booking Opens

ABS News Service/11.09.2020

Jaishankar, Singh Discussed Chabahar Port, other with Iranian Counterparts

ABS News Service/11.09.2020

Shipping Minister Launches Port Disputes Society through Arbitration

ABS News Service/11.09.2020

E-waste Authorities Threaten Action by EPR

ABS News Service/11.09.2020

Rajiv Mehrishi Panel to Recommend Interest Waiver and Moratorium in Covid-19 Period

ABS News Service/11.09.2020

Virtual Engineering Export Exhibitions Replace Traditional Expos for EEPC India, Webinars Replace Face to Face Meets

ABS News Service/10.09.2020

J&K Industry Leaders Interact with Union Finance Minister, Demand Separate Industrial Policy for UT

ABS News Service/10.09.2020

Supreme Court Grants Relief to Borrowers, Extends Loan Repayment Moratorium till Sept

ABS News Service/10.09.2020

India is Working on Clean Energy Mission with a Collective Mindset, says Piyush Goyal

·   Envisions that one day Power will almost become free in the World because of Renewable Sources

ABS News Service/10.09.2020

Aiming to enhance MSME contribution to GDP from about 30 % to 50%; and in exports from 49% to 60% : Mr. Gadkari

·   Targeting creation of 5 crore additional jobs in MSME sector in 5 years

·   ANIC - ARISE Challenges (Atal New India Challenges in Applied Research and Innovation for medium and Small Enterprises) launched

ABS News Service/10.09.2020

WTO Members to Debate how Aid for Trade can Address COVID-19 Impact on Developing Countries

ABS News Service/10.09.2020

Karnataka Clears Special Incentives Scheme for ESDM Sector

ABS News Service/09.09.2020

SOP for Partial Reopening of Schools for Students of 9th to 12th Classes on a Voluntary Basis

Ministry of Health & Family Welfare  Instruction dated 08.09.2020

Phase-wise Unlocking Activities for Skill or Entrepreneurship Training

Ministry of Health & Family Welfare  Instruction dated 08.09.2020

Pradhan Mantri Garib Kalyan Package - Progress so Far

·   More than 42 crore poor people received financial assistance of Rs 68,820 crore under PMGKP

FinMin Press Release/08.09.2020

Thailand, Indonesia Trade Policy Reviews for Remainder of 2020

ABS News Service/09.09.2020

Entire GST Shortfall will be Compensated, says Centre

ABS News Service/08.09.2020

Chennai Port Trust to Roll Out Special Voluntary Retirement Scheme

ABS News Service/08.09.2020

Tamil Nadu Releases Electronics Policy – Aims for 25% Exports Share by 2025

·   Proposes Two Fab Facilities

·   Incentive Packages for MSME Sector in ESDM

ABS News Service/07.09.2020

The 2.35 lakh crore GST Questions – Who will Borrow?

ABS News Service/07.09.2020

China Exports Up 9.5%

ABS News Service/07.09.2020

Samsung to Exit TV Production in China, LCD Panels Exit in Korea and China

ABS News Service/07.09.2020

Guidelines for Grant of Parole/Furlough to Inmates from Prison

MHA File No. 17013/23/2020-PR dated 3 September 2020

Draft Classification of Non-Notified Medical Devices

File No. 29/Miwsc.03/2020-DC (200) dated 3 September 2020

Draft Classification of Non-Notified Diagnostic Medical Devices (IVD Analyzers)

IVD/Misc/196/2020 dated 3 September 2020

Piyush Woos Japan Subsidy to Divert China Departing Japanese Investors towards India

ABS News Service/05.09.2020

India Disputes Memberships of Dispute Panels on Mobiles at WTO

ABS News Service/05.09.2020

DDG Agah Launches Preparatory Process for WTO’s End-of-Year Trade Monitoring Reports

ABS News Service/05.09.2020

Minister Meets Export Promotion Councils

·      Piyush Goyal says Country’s Exports and Imports are Showing Positive Trends; Trade Deficit is Narrowing

·      Capping of Rs 2 Crore for MEIS will not Affect 98% of the Exporters: Goyal

MoC&I Press Release/04.09.2020

India, Bangladesh Launch New Initiative to Connect Landlocked North East

ABS News Service/04.09.2020

Woman’s $26k Alligator Skin Bag Destroyed by Customs after Permit Mistake

ABS News Service/04.09.2020

No Bank Charges on Compulsory Electronic Mode Payment under Sec. 269SU of IT Act, 1961

CBDT Circular No. 16 dated 30th August 2020

Supreme Court says No Intervention in Anti-dumping Matters by Courts

ABS News Service/03.09.2020

Madras HC Orders Provisional Release of Used Tyres for Recycling after Duty Payment

ABS News Service/03.09.2020

Mundra Adani Port under Scrutiny Over Link with Chinese Link

ABS News Service/03.09.2020

CBI Arrests Former Retired CBIC Deputy Commissioner, Two others in Delhi over Toy Import Case

ABS News Service/03.09.2020

Government Blocks 118 Mobile Apps Which are Prejudicial to Sovereignty and Integrity of India, Defence of India, Security of State and Public Order

ABS News Service/03.09.2020

Nigerian with US-Nigeria Dual Citizenship in Fight with Kenya Minister Amina over WTO DG Post

ABS News Service/03.09.2020

Cabinet Approves MoU for Testing for the Japanese Market

ABS News Service/03.09.2020

Govt Entities to Pay MSME within 45 Days

·   Bill Discounting through TReDS also in Place

ABS News Service/03.09.2020

Rs. 86,449 crore of Gross GST Revenue Collected in the Month of August

·   States Show Significant Shortfalls, IGST Satisfactory

MoF Press Release/01.09.2020

Auto Sales & Manufacturing PMI see a Bounce

·   Manufacturing Output Expanded the Highest since March

ABS News Service/02.09.2020

Engineering Share in Total Exports Up, Shows 9.1% Growth on the Back of HRC Steel

ABS News Service/02.09.2020

FIEO Demands Action on Pending MEIS Claims, is very Unhappy on Rs. 2 Cr Ceiling with Rs. 5K Crs Ceiling

ABS News Service/02.09.2020

Australia-India-Japan Economic Ministers’ Joint Statement on Supply Chains Resilience

ABS News Service/02.09.2020

Mini Trade Deal with US is Cooking, says Piyush

ABS News Service/02.09.2020

India Ready to Sign the Initial Limited Trade Package with America, says Minister

ABS News Service/02.09.2020

PUBG MOBILE Game Among 118 Additional Chinese Apps Blocked by Government

ABS News Service/02.09.2020

DDG Wolff Announces Comoros, Timor-Leste in Queue to Join WTO, Ethiopia and Uzbekistan too Move Forward

ABS News Service/02.09.2020

At -23.9% in Q1, Worst-ever GDP Contraction as Lockdown Bites

ABS News Service/01.09.2020

Andhra Pradesh Industrial Development Policy 2020-13 Released

ABS News Service/01.09.2020

Second Set of Customs Officers Handling Gold in Kerala Airport get Marching Orders

ABS News Service/01.09.2020

Unlock 4 Opens Free Movement throughout India, Metro Services to Restart in Sept

MHA Order No. 40-3/2020-DM-I(A) dated 29th August 2020

India Asks for Review of ASEAN FTA by End of the Year in ASEAN Trade Ministers Meet

·    17th ASEAN-India Economic Ministers’ Consultations Held

ABS News Service/31.08.2020

FM to Review Fund Release by Banks and NBFCs in COVID-19 Program

ABS News Service/31.08.2020

India’s maintains its high Recovery Rate: total Recoveries cross 27 lakh

·    Recovered Patients are more than 3.5 times the Active Cases

ABS News Service/31.08.2020

India Crosses Another Landmark- Records Highest Ever Tests in a Single Day

·    More than 10.5 lakh COVID Tests Conducted in the last 24 hrs

·    All State/UTs conducting more than 140 tests/day/million, as advised by WHO

ABS News Service/31.08.2020

States to Discuss Two Options for GST Compensation Cess with Finance Secretary on 1 Sept

·    Cutting Expenditure to Reflect Poor Collection not an Option!

MoF Press Release/29.08.2020

Gujarat Leads in Investor Interest

·    Release Industrial Policy 2020

ABS News Service/29.08.2020

China and Vietnam Pick Cheap Indian HR Steel, Tata and Jindal Lead Export Push

ABS News Service/29.08.2020

GST Compensation Cess Shortfall to be met by More Borrowing from RBI – More Money Supply of Rs. 2.30 lakh crs in the Economy Forecast

·    41st GST Council Meeting Outcome: Key Highlights dated 27th August, 2020

ABS News Service/28.08.2020

Karnataka New Industrial Policy 2020-25 Notified

ABS News Service/28.08.2020

Home Secy Orders No Restriction on inter-State and intra-State Movement of Persons and Goods and Services

D.O.No.40-3/2020-DM-I(A) dated 22.08.2020

Jan Dhan Accounts Explained

·    Pradhan Mantri Jan-Dhan Yojana (PMJDY) - National Mission for Financial Inclusion, completes six years of successful implementation

·    PMJDY has been the foundation stone for the Modi government’s people-centric economic initiatives –Finance Minister

·    More than 40.35 crore beneficiaries banked under PMJDY since inception, amounting to Rs. 1.31 lakh crore

·    63.6% Rural PMJDY accounts; 55.2%Women PMJDY accounts

·    Under PM Garib Kalyan Yojana, a total of Rs. 30,705 crore have been credited in accounts of women PMJDY account holders during April-June, 2020

·    About 8 crore PMJDY accountholders receive Direct Benefit Transfer (DBT) from the Government under various schemes

PIB Press Release dated 28th August 2020

WTO Issues New Report Regarding Impact of COVID-19 Crisis on Agricultural Trade

·    Agri Trade Shows Rise in Staples but other Segments Fall

ABS News Service/28.08.2020

Coastal States Emerge as Leader in Export Preparedness

·    Rajasthan Leads in Landlocked Group

ABS News Service/27.08.2020

Cooperation, Collaboration and Commitment will Guide the Strategic Partnership between India and ASEAN Countries, says Piyush Goyal

·    India demonstrated itself as the trusted partner to the world, particularly in times of stress, Goyal

ABS News Service/27.08.2020

India Manages Pushback of Compliance of Implementation of Poultry Panel Report to March 2021

·    New Delhi Hopes to Convince US to Withdraw request for Authorisation to Impose Retaliatory Duties

ABS News Service/27.08.2020

Karnataka Govt Ordinance for Ease of Doing Business

Karnataka Ordinance No. 12 of 2020

FASTag made Mandatory for Availing All Discounts on the National Highways Fee Plazas

ABS News Service/27.08.2020

Mobility Worst Affected by Restriction following Covid-19

ABS News Service/27.08.2020

Structural Reforms are a Key Priority of the Government: Finance Minister

MoF Press Release/25.08.2020

Centre Mulls Introducing 2nd Stimulus Package only after COVID-19 Fears Subside: FinMin

ABS News Service/26.08.2020

‘No-GM’ Certificate Mandatory for 24 Food Crops from January 2021

·    No Action yet on Oil Seeds and Edible Oils

ABS News Service/25.08.2020

Delhi HC Clubs 40-Odd Pleas by HUL, Patanjali against Anti-Profiteering Rulings

·    Next Date 3 Nov

ABS News Service/25.08.2020

Study wants ₹3-lakh-crore Loans for MSMEs at 3.5-4% Interest

ABS News Service/25.08.2020

COVID-19: Delhi High Court extends All Interim Orders till October End

ABS News Service/25.08.2020

DPIIT Notifies Format for Bidders from Countries Sharing Land Border with India

DPIIT Office Memorandum dated 24.08.2020

Major Reform by Govt of Maharashtra for FDI cases above 50 crore will be provided Time Bound Clearances including Deemed Clearance

Resolution No. PSI-2020/C.R.73/INDUSTRY-8 dated 19 August 2020

Large Food Chains and Fast Food Joints to Display Calory Value on Menu from 1 Jan 2022

F. No. REG-18/Menu Labelling/ FSSAI-2018 dated 21st August 2020

FSSAI Releases Draft Standards for Max Pesticide Residues in Major Crops

F.No.01-SP (PAR) Notification-Pesticides/Stds-FSSAI/2017 dated 20th August 2020

FSSAI Circular on Adulteration of Edible Oils

F.No.12(3)2016/Edible Oil/RCD/FSSAI dated 19th August 2020

Refund of Wrong Payment in FSSAI

No.15(6)2020/FLRS/RCD/FSSAI dated 18th August 2020

FSSA 2006 Revived to More Papers

F.No.1-95/Std/Misc/ SP(L&C/A)/FSSAI-2015-PT-2 dated 17th August 2020

Credit Guarantee Scheme for Sub-debt may Benefit MSMEs...

ABS News Service/24.08.2020

Loan Restructuring Plan Will Help Revive Economy, says RBI Chief

ABS News Service/24.08.2020

Govt to Study Auto Supply Chain to Boost Localization

ABS News Service/24.08.2020

Kerala HC Prescribes EMI Shot for Covid-Hit Business - Permits GST Assessee to Pay Tax Dues in Equated Instalments

ABS News Service/24.08.2020

Tiktok to Challenge Trump's Crackdown in Court Amid Rising Dispute

ABS News Service/24.08.2020

Ministry of Information and Broadcasting Releases SOP for Media Production

ABS News Service/24.08.2020

From September 1, Imported Toys to be Let in only after Quality Testing, says Paswan

ABS News Service/22.08.2020

Details of Manufacturer, Date of Expiry, Price and other details of the Product should be Legibly given on Packages of All Products - Ram Vilas Paswan

ABS News Service/22.08.2020

DoCA will Launch One Nation One Standard Scheme for Standardization of All Products in the Country Soon

·    Ram Vilas Paswan Launches Online System of Registration and Renewal for Jewellers and Online System of Recognition and Renewal of Assaying and Hallmarking (A&H) Centers

ABS News Service/22.08.2020

Chinese Firm Sole Foreign Bidder, Railways Cancels Tender for Vande Bharat Trainsets

ABS News Service/22.08.2020

Adanis close to acquiring GVK’s 51% in Mumbai International Airport

ABS News Service/22.08.2020

Government Claims Issuing Over ₹88,000-crore Income-Tax Refund so far this Fiscal

·    ₹3,400-crore Fund for Pending Housing Projects Got Final Approval

ABS News Service/22.08.2020

Income Tax Department conducts searches in Bhopal

MoF Press Release/21.08.2020

Guidelines for Credit Guarantee Scheme for Subordinate Debt (CGSSD) for Stressed/NPA MSMEs

ABS News Service/22.08.2020

Indians to Get E-passports with Electronic Chip from Next Year

ABS News Service/21.08.2020

CBIC Notifies Eligible Importers may Avail Benefit of Deferred Import Duty Payment without Intimation

ABS News Service/21.08.2020

World Trade Crashes 18.5% in Q2 of 2020

·   L-Shape Recovery Round the Corner, says WTO

ABS News Service/20.08.2020

Engineering Goods Exporters Complain ''AatmaNirbhar'' Benefits Pocketed by Large Steel Sector

·   Pig Iron Price Rises by 3 per kilo

·   Exporters Demand Steel at “Export Parity” Price

ABS News Service/20.08.2020

Textile Ministry to Provide Certified Seeds to Jute Farmers: Smriti Irani

·   MoU Signed between NSC and JCI for Distribution of Seeds

ABS News Service/20.08.2020

Beirut Explosion of Ammonium Nitrate Shows Systems Failure in Clearing Cargo – Lessons for Indian Customs who Holds Up such Cargo for years

·   Seized Stocks in Chennai Port is a Ticking Time Bomb

ABS News Service/20.08.2020

MoEF Specifies 19 Integrated Regional Offices with Jurisdictions Over 33 States Covering Five MoEF Agencies from 1st October

ABS News Service/19.08.2020

Agri Exports Up 23% in Mar-June 2020 Quarter

·   Export Promotion Forums for Specific Agri Products under APEDA Formed at the Behest of Ministry of Agriculture, Comprehensive Action Plan Prepared

ABS News Service/19.08.2020

State Govt Claims No Exemption Certificate to Consulate for Diplomatic Baggage in Gold Smuggling Case

ABS News Service/19.08.2020

TKD Customs Appraiser Arrested by CBI in Chennai with 1 crore Cash

ABS News Service/19.08.2020

Food Supply to Migrants in Covid period

ABS News Service/19.08.2020

Construction, Agriculture, Electronics Demand for Skill Development in Garib Kalyan Movement

ABS News Service/19.08.2020

UP Releases New 2020 Electronics Policy

·   To attract investment worth INR 40,000 Cr

·   To establish three (3) Electronics Manufacturing Clusters (EMC) in the state

·   To establish three (3) Center of Excellence (CoE) in the state

·   To establish ESDM parks for Domestic/Foreign investors in the state

·   To attract investment in semiconductor manufacturing through FAB units

ABS News Service/19.08.2020

More than 300 Items in Electronics, Solar and Textiles due for Duty Hikes in Atmanirbhar Campaign

·   Textiles, Electronic Goods such as Cameras and Laptops, Solar Modules, Solar Panels, and Solar Inverters

ABS News Service/18.08.2020

Exports Pickup in July 2020, Textiles Improve

·   Gold Imports Up

·   General Imports Including Machinery Continue to Fall

ABS News Service/17.08.2020

Thermal Coal, Coking Coal Imports at Major Ports Dip 31 per cent in April-July, says IPA

ABS News Service/17.08.2020

Statement of EEPC India Chairman Mahesh Desai on Trade Data

ABS News Service/17.08.2020

Arrested Governor of Brazil Sergio Cabral Floated Dozens of Shell Companies in India

ABS News Service/17.08.2020

Draft EIA in Line with Green Rules, Court Rulings: Prakash Javadekar, Environment Minister

ABS News Service/17.08.2020

Prime Minister Narendra Modi Launches Platform for “Transparent Taxation - Honouring the Honest”

·   “Faceless should not be Heartless!”, says a Taxpayer

·   Tax System Aims to be Seamless, Painless, Faceless: PM

·   Says the number of taxpayers is significantly low with only 1.5 Crore paying taxes in a country of 130 Crore people

·   Prime Minister urges people to introspect and come forward to pay Income taxes due on them to build an AtmaNirbharBharat

·   With the launch of the Tax Charter, taxpayer is assured of fair, courteous and rational behavior: PM

·   Faceless appeal will be available across the country from 25th September i.e. Deen Dayal Upadhyay's Birth Anniversary: PM

·   “Banking the Unbanked, Securing the Unsecured, Funding the Unfunded and Honoring the Honest” - Focus of the Government: PM

·   Emphasis is on making every law and policy People Centric and Public Friendly rather than Power Centric: PM

ABS News Service/14.08.2020

PM: Tax System will be Made Seamless, Painless, Faceless

·   Modi Launches Taxpayer Charter; CBDT Restricts Power of Officers in surveys

ABS News Service/14.08.2020

Need to Upgrade Ordnance Factories to Lower Import Dependence, say Defence Experts

·   Local Manufacturers Eye Big Opportunities in ‘Local Push’; Confident of Achieving Targets

ABS News Service/14.08.2020

China Slaps Another Five Years Anti-dumping Duty on India-made Optical Fibre

ABS News Service/13.08.2020

NIA Officer Probing Kerala Gold Smuggling Case is Rewarded with Medal

ABS News Service/13.08.2020

Quran Book from UAE through Diplomatic Bag in Customs Net, Protocol Officer to give Statement

ABS News Service/13.08.2020

For Export Boots, CII Urges Extension of Interest Subsidy Scheme, Faster GST Refunds

ABS News Service/12.08.2020

Gadkari Calls upon AEPC for Taking Measures to Target increasing Exports by Two Times

·   Minister Stresses on Ensuring Quality at Competitive Cost to Meet needs of Global Market

·   Will Review Every Scheme from the Point of Adopting Digital Management System for increasing Transparency, Avoiding Project Delays and Resolving Grievances: Gadkari

ABS News Service/12.08.2020

Prime Minister Modi to Launch the Platform for “Transparent Taxation – Honoring the Honest” on the 13th August 2020

ABS News Service/12.08.2020

Around 68% rural Indians faced ‘high’ monetary difficulty during lockdown: Survey

·   Only 20% got Work under MGNREGA; but 74% are Satisfied with Govt’s Handling of the Pandemic

ABS News Service/11.08.2020

Import Embargo on 101 Items Beyond given Timelines to Boost Indigenisation of Defence Production

·    Domestic Companies Expected to Get Rs. 10,000 crs Orders every Year

·    MoD's Big Push to Atmanirbhar Bharat Initiative

MoD Press Release/09.08.2020

Import Embargo on Defence Items: Military-Industry Partnership Long Overdue, says Anand Mahindra

ABS News Service/10.08.2020

LCA, Akash Missile and Pinakarocket System are in Negative List of Import even if named Differently, Clarifies MoD

MoD Press Release/10.08.2020

Piyush Goyal Asks the Traders to Undertake Customer Awareness Drive to Promote Make in India Goods; Lauds their Role during Lockdown

·    National Traders Welfare Board will be Soon Constituted

ABS News Service/10.08.2020

New Industrial Registration for MSME – Official Clarification

MSME Office Memorandum dated 6 August, 2020

Coaching Classes are not eligible for GST Exemption, Rules Andhra Bench of AAR

ABS News Service/10.08.2020

Arvind Panagariya Cautions Govt: Import Licences will be a Complete Violation of WTO

ABS News Service/10.08.2020

Banks not Liable for Service Tax in International Trade Facilitation: CESTAT

ABS News Service/08.08.2020

Inherited Gold and Silver cannot be added to Income, Rules ITAT

ABS News Service/08.08.2020

CBIC Web Interaction on “In Bond Manufacturing & Other Operations”

ABS News Service/08.08.2020

PMP and PLI Schemes for White Goods

·    DPIIT Requests Inputs from Domestic Industry

ABS News Service/08.08.2020

Xiaomi Developing New Version of Compliant Browser in Phone

·    MD Manu Jain Threatens Legal Action against those Spreading Misinformation

ABS News Service/08.08.2020

WTO Members Discuss Cotton Development Assistance, Impact of COVID-19 on Cotton Trade

ABS News Service/08.08.2020

Luxury Auto Manufacturers and Exporters Pressurize DGFT for Easy Licences for Tyre Import from China

ABS News Service/07.08.2020

UAE Consulate Attaché in Trivandrum Threatened Customs Officials with Retaliation in Dubai over Diplomatic Baggage Carrying Gold

ABS News Service/07.08.2020

MSME Borrowers Eligible for Debt Restructuring under Existing Framework

ABS News Service/07.08.2020

IBBI Amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

PIB Press Release/06.08.2020

WTO Members Push for Increased Transparency on COVID-19 Measures in Farm Trade

ABS News Service/07.08.2020

Patanjali Chased Profits by Exploiting Public Fear - Madras HC Imposes Rs 10 lakh Fine on Firm

ABS News Service/07.08.2020

Messe Frankfurt says Virtual will Make Inroads in Exhibition Space but Face to Face Meetings will Remain

ABS News Service/07.08.2020

RBI Governor Keeps Rates Unchanged in MPC

·   Borrowing Up 90% (Current 75%) of Value Pledged against Gold and Jewellery Allowed

ABS News Service/06.08.2020

India, Japan to Hold Investment Forum

ABS News Service/06.08.2020

WTO Report Draws Attention to Impact of COVID-19 Trade Disruptions on Women

ABS News Service/06.08.2020

Pradhan Mantri Garib Kalyan Anna Yojana Phase-I: April 2020 to June 2020

ABS News Service/06.08.2020

India Bans more Chinese apps, including some from Xiaomi, Baidu

·   The bans are part of India's moves to counter China's dominant presence in the country's internet services market

·   The Govt in June banned 59 Chinese apps for threatening the country's 'sovereignty and integrity', including TikTok, UC Browser and Mi Community app

ABS News Service/05.08.2020

Trump on Track to Stop TikTok as Microsoft on Takeover Path

ABS News Service/05.08.2020

India Woos Maldives to Check China Neighbourhood

ABS News Service/05.08.2020

ASEAN-India FTA Review can Double Trade between the Two, says Puri

·   Cambodia, Philippines Seek Bilateral FTAs with India

ABS News Service/05.08.2020

CBIC Revamp Slow, Thousands of IRS Posts Vacant

ABS News Service/05.08.2020

Faceless Assessment: I-T Dept Hopes to Dispose of over 49,000 Remaining cases by Mid-Sept

ABS News Service/05.08.2020

WTO Members Adopt Report on Food Safety, Animal and Plant Health, Paving Way for New Work

ABS News Service/05.08.2020

Vivek Johri Joins Board, Appointment Cleared by the Cabinet Committee

ABS News Service/04.08.2020

Delhi International Airport Challenges 'Blocked ITC' Provision

·      Demand Credit or Refund, Delhi HC Double Bench Issues Notice

Delhi High Court Order dated 29.07.2020

India to Impose Import Restrictions to Counter Circumvention of China Origin Goods through FTA

ABS News Service/04.08.2020

Draft Defence Production and Export Promotion Policy 2020 Released, Aims to Hit 1.75 lakh crs of Export

MoD Press Release/03.08.2020

Defence Equipment Manufacturing Industry ‘Preparing a Negative List for Imports’

·      DAP 2020 provides Effective Framework to Encourage Industries take up Local Manufacturing

ABS News Service/04.08.2020

Govt Issues Guidelines for Reopening Gyms, Yoga Institutes

ABS News Service/04.08.2020

Customs Officials, Agent Booked by CBI for “Cheating” Chennai Port Trust on Refund of wharfage Charges

ABS News Service/04.08.2020

Foreign Direct Investment in Commercial Coal Mining in India

PIB Press Release dated 3rd August 2020

WTO Members Reviews ASEAN FTA

ABS News Service/04.08.2020

WTO Members Stress Role of IP System in Fighting COVID-19

ABS News Service/04.08.2020

Phase I

PLI Scheme for 4% to 6% Incentive Concludes, 22 Majors File Applications

·   Big Boys Apple and Samsung Dominate

·   Average Annual Rs. 2.3 lakh crs Incremental Production Expected in Rs. 41,000 crs Budget

·   Rs. 5.7 crs Extra Production for 5 years for every 1 crs Investment

·   Exports Linked Production and WTO Compatibility Main Feature

ABS News Service/03.08.2020

Public Suggestions on Enforcing BIS Certification for Two-wheeler Helmets Invited

Ministry of Road Transport and Highways (MLV Section) Notification dated 30.07.2020

Automatic Agarbatti Making and Powder Mixing Machines for “Hand Made” Khadi Industry under PPP Mode

·   Agarbatti Industry Reduced to Job Worker Status with Rs. 500 per day for workers and Rs. 300 for Mixers

ABS News Service/03.08.2020

Exports of Ventilators Allowed, Falling Case Fatality Rate Provides Opportunity

ABS News Service/03.08.2020

Kerala Gold Smuggling Case

Swapna, Sandeep Shifted to Judicial Custody from Customs Custody till August 21

ABS News Service/01.08.2020

General Council Agrees Guidelines for Final Stage of DG Selection

ABS News Service/01.08.2020

TEMA Demands Procurement Benefits under ‘Make in India’ for Private Sector also

ABS News Service/31.07.2020

Engineering Exporters Approach Commerce Minister for Urgent Restoration of MEIS Benefits

ABS News Service/31.07.2020

Saudi Arabia Appeals Panel Report regarding Intellectual Property Measures

ABS News Service/31.07.2020

Panels Established to Review Indian Tech Tariffs, Japanese Export Restrictions, EU Palm Oil Measures

ABS News Service/31.07.2020

Customs Officer Transferred in Gold Smuggling Case as he States No Pressure on him from CM Office to Release Gold Consignment

·   Diplomat Offered Rs. 750 per 10 gms Commission for Use of Diplomatic Bag

ABS News Service/30.07.2020

COVID-19 Unlock 3

Lockdown Continues in Unlock.3 with Only Gyms and Yoga Centres Opened Up, Transport Freeze Remains

ABS News Service/30.07.2020

Strict Enforcement of Lockdown in Containment Zones till 31st August 2020

ABS News Service/30.07.2020

Japan, Taiwan Get a WTO Panel each on Mobile Tariff Dispute, Total Three Panels now against India including EU Set Up in June 2020

ABS News Service/30.07.2020

WHO, WIPO, WTO Launch updated Study on Access to Medical Technologies and Innovation

ABS News Service/30.07.2020

Brajendra Navnit, Ambassador & Permanent Representative of India to the WTO presents letter of Credentials to Director-General, WTO

PIB Press Release/29.07.2020

20 Hawala Agents Involved in Gold Smuggling, Claims Customs

·   Faizal Fareed and Rabins Hide in Dubai

ABS News Service/29.07.2020

India Set to Ban Import of Weapons that can be Produced Indigenously

ABS News Service/29.07.2020

Artificial Sweetener Declaration must on Cups and Containers Sold through Vending Machines

FSSAI Notification dated 21st July 2020

No Sale Licence for Hand Sanitizers under DCA, 1940

Ministry of Health and Family Welfare Notification dated 27th July 2020

Minister Updates BIS Performance

ABS News Service/28.07.2020

All Provisions of the Consumer Protection Act, 2019 have come into force from 24th July, 2020 including the Consumer Protection (e-Commerce) Rules, 2020, says Paswan

ABS News Service/28.07.2020

India Bans 47 more Chinese Apps, Xiaomi App Zili too on Hit List

ABS News Service/28.07.2020

War of the Two Ladies: US Backs Nigerian while China is for the Kenyan for WTO Top Job

ABS News Service/28.07.2020

China woos India Neighbour Pak, Nepal and Afghanistan

ABS News Service/28.07.2020

Gold Smuggling Case: CPM Central Committee Pledges Support to Vijayan

ABS News Service/28.07.2020

Customs Acquires Control, Gets Custody of Swapna Suresh, Sandeep Nair in Kerala Gold Smuggling Case by Court Intervention

ABS News Service/28.07.2020

IAS Officer Grilled Further

ABS News Service/28.07.2020

Centre Pays ₹13,000 crore GST Compensation to States, UTs

ABS News Service/28.07.2020

Centre Released Rs. 1,65,302 Crore as GST Compensation to States/UTs for the FY 2019-20 against Cess Collection of Rs. 95,444 crore

MoF Press Release/27.07.2020

6940 Entries Received for Aatma Nirbhar Bharat App Innovation Challenge

MeitY Press Release/27.07.2020

Centre to Go Ahead with PSUs’ Divestment Cleared by Cabinet: Sitharaman

ABS News Service/28.07.2020

DGGI Books 3 Firms for Alleged Tax Evasion of more than Rs 600 Crore

ABS News Service/28.07.2020

Goods Council Agrees on 2020 Chairs for Subsidiary Bodies, India Missing in all 14 Chairs

ABS News Service/28.07.2020

FEMA Notification on Air Transport Services

Ministry of Finance Notification S.O. 2242(E) dated 27th July 2020

Customs Objects to Police Handing Over Gold Suspects to NIA

ABS News Service/27.07.2020

200 Investment Proposals from China Wait for Security Clearance by Home Ministry

ABS News Service/27.07.2020

After Ban on 59 Chinese Apps, 275 more on Radar; List includes PubG, Resso

ABS News Service/27.07.2020

Customs Department to Send Notice to Lokanath Behera

ABS News Service/27.07.2020

Extension of Issue of Certificate of Origin (CoO) from 60 days to 180 days under India-Chile PTA in case of Emergency

ABS News Service/27.07.2020

Fake GST Refund Claims

FinMin to Crack the Whip against over 1,400 ‘Risky Exporters’

ABS News Service/27.07.2020

Kerala Gold Smuggling Case: Swapna Suresh says UAE Head was Key in Gold Import. Hints that Trial may go Back to the Emir Himself

ABS News Service/25.07.2020

India Needs further Economic Reforms to attract more Investment, says IMF

ABS News Service/25.07.2020

INDIA-UK Affirm Shared Commitment to a Free Trade Agreement and towards that, Early Harvest Deals in a Staged Manner

ABS News Service/25.07.2020

Exporters Complain of Compliance Burden on Crackdown of IGST Refund Cases

ABS News Service/25.07.2020

China Orders Closure of US Consulate in Chengdu

ABS News Service/25.07.2020

Former RBI Governor Urjit Patel says New Bankruptcy Law caused Rift with Government

ABS News Service/25.07.2020

Donald Trump Eases Controls on Export of Armed Drones

ABS News Service/25.07.2020

WTO Report Shows Members Moving to Facilitate Imports even as Trade Restrictions remain High

ABS News Service/25.07.2020

WTO Members Appoint Costa Rica for Agriculture Talks

ABS News Service/24.07.2020

WTO Members Set Work Programme for Text-Based Phase of Fisheries Subsidies Talks

ABS News Service/24.07.2020

Brazil Underlines Bid to Join Government Procurement Pact, Côte d’Ivoire becomes Observer

ABS News Service/24.07.2020

Azevêdo Farewell Remark to General Council of WTO

ABS News Service/24.07.2020

Restrictions on Public Procurement from certain Countries

ABS News Service/24.07.2020

After FDI Curbs, India Plans Stricter Check on FPIs from China and HK

ABS News Service/24.07.2020

Chinese Tech Companies with Government Links Face Curbs

ABS News Service/24.07.2020

Consumer Protection (E-Commerce) Rules, 2020

·   Short title and commencement

·   Scope and Applicability

·   Definitions.

·   Duties of e-commerce Entities

·   Liabilities of Marketplace E-commerce Entities

·   Duties of Sellers on Marketplace

·   Duties and Liabilities of Inventory E-commerce Entities

·   Contravention of Rules

Department of Consumer Affairs Notification G.S.R. 462(E) dated 23 July 2020

Gold Smuggling Case could Affect India-UAE Relations, says NIA

ABS News Service/24.07.2020

New Specified Health Warning on Tobacco Products Packs

ABS News Service/24.07.2020

Piyush Goyal Calls for All Nations to Enhance Transparency in their Trade and Build Trust

·   Goyal Participates in the 10th BRICS Trade Ministers Virtual Meeting

·   WTO Reform Process should be Inclusive, Balanced and Consensus Based

·   Minister Stresses on Removing Multiple Hurdles in Access to Medicines at Affordable Prices

ABS News Service/24.07.2020

Recovery in Petro Products Demand Falters

‘Stagnation’ Attributed to Partial Lockdowns in Parts of the Country

ABS News Service/24.07.2020

Sharp Rise in Iron and Steel Exports to China, Vietnam, Taiwan helped Arrest Slide in Engineering Exports in June: EEPC India analysis

ABS News Service/24.07.2020

Finance Minister Holds Review Meeting on Special Window for Stressed Residential Projects to Boost Investment in the Real Estate Sector

·   Rs. 8767 crore Approved for 81 Projects; Enable the Completion of almost 60,000 Homes across India

·   Activation of Construction Sites by the Special Window would provide Employment Opportunities for various Skilled and Semi-skilled Labourers

ABS News Service/24.07.2020

UK’s OneWeb Bid with India’s Bharti under Parliament Scrutiny

ABS News Service/24.07.2020

Expert Committee Invites Public Comments on Non-Personal Data Framework

ABS News Service/24.07.2020

Heavy Industries Releases 21 Broad Spectrum Machinery for Compulsory BIS Clampdown on Imports

·   In Addition “Safety” Components Listed to Create Hurdles on other Machinery

Ministry of Heavy Industries and Public Enterprises Draft Order dated July 2020

Conformity Assessment Scheme for Grant of licence to use or apply BIS Standard Mark for Goods and Articles for BIS Licence

Draft BIS Scheme-IX

Draft Omnibus Technical Regulation (OTR) on Machinery and electrical Equipment for Safety

Ministry of Heavy Industries and Public Enterprises Letter dated 17th July 2020

Voltage Switchgears and Control Gears under Compulsory BIS Mark on Imports

Ministry of Heavy Industries and Public Enterprises Draft Order dated July 2020

PLI (Production Linked Incentive) for Pharma Starting Materials, Intermediates and APIs

Ministry of Chemicals and Fertilizers Notification dated 21.07.2020

Scheme for Promotion of Medical Device Parks

No. 31026/08/2020-MD dated 21.07.2020

Amid Looming Chinese Presence, India Woos Bhutan with Trade and Connectivity

ABS News Service/23.07.2020

Brother of Raj CM Gahlot Exports Potassic Fertiliser in 2010, Lands in ED Lap Charged under PMLA for Proceeds of “Criminal” Activities

ABS News Service/23.07.2020

DGGI Detects Rs 72 crore of Cigarettes in Kota

ABS News Service/23.07.2020

Centre Ponders how to Define ‘Country of Origin’ for E-commerce Products

ABS News Service/23.07.2020

CCI Approves Acquisition of Krishnapatnam Port Company Limited by Adani Ports and Special Economic Zone Limited

ABS News Service/23.07.2020

Members Endorse Turkmenistan’s WTO Observer Status

·   A Dy DG at WTO may take as Acting DG from 1 Sept

ABS News Service/23.07.2020

Govt will bring Tariff Barriers to Protect Domestic Battery Manufacturers

·   Customs Duty on Imported Battery will Come, says RK Singh

ABS News Service/22.07.2020

Govt to Revamp FTA Strategy to Ensure Economic Benefits

ABS News Service/22.07.2020

India, US are Close to Quick Trade Deal, says Piyush Goyal

ABS News Service/22.07.2020

Govt will bring Tariff Barriers to Protect Domestic Battery Manufacturers

·   Customs Duty on Imported Battery will Come, says RK Singh

ABS News Service/22.07.2020

Form GSTR-4 now Available on GSTN Portal

ABS News Service/22.07.2020

Steel and Steel Products (Quality Control) Order, 2020 for Compulsory BIS Mark on Imports

·   List now Covers 120 Items in All, 2 Additions in Table 1

·   Input too must Qualify for BIS for 5 New Items totaled 7 items in Table 2

The current notification dated 17 July 2020 supersedes the previous notification number S.O. 1673(E), dated 27th May, 2020

Ministry of Steel Order S.O. 2379(E) dated 17 July 2020

PQ Order 2003

Stone Aggregate (Rodi) Dust for Construction – Nancowry and Port Meadow of Andaman & Nicobar Island Notified as Point of Entry for Non-Agricultural purposes from ASEAN

Min of Agri. Notification S.O. 2390(E) dated 20.07.2020

New Consumer Protection Act comes into force

ABS News Service/21.07.2020

India, US Trade deal

New Delhi seeks Preferential Treatment on Drugs, other Goods

ABS News Service/21.07.2020

MSME Status to be Determined from Income Tax Reruns

ABS News Service/21.07.2020

FinMin Rules Out Clarification, FAQ on ‘Google Tax’ (Equalisation Levy)

·    ₹200 cr has already been Collected so Far this Fiscal

ABS News Service/21.07.2020

Faceless Assessment more Important than Search, Survey and Probe: CBDT Chairman, Pramod Chandra Mody

ABS News Service/21.07.2020

MyGov (CBIC) Invites suggestions for Review of Existing Customs Exemption Notifications and Laws by 21 Aug 2020

ABS News Service/21.07.2020

Farmers’ Agreement on Price Assurance and Farm Services (Dispute Resolution) Rules, 2020

Ministry of Agriculture and Farmers’ Welfare Notification dated 20th July 2020

Health Warning on Tobacco Products (Image-2) to Continue till 30 Nov 2020

Ministry of Health and Family Welfare Notification dated 20th July 2020

Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Rules, 2020

Ministry of Agriculture and Farmers’ Welfare Notification dated 20th July 2020

Senators Introduce Bill to Allow Americans to Sue China Over COVID-19 Pandemic

ABS News Service/21.07.2020

“Decisions made at the WTO will matter” for Economic Recovery from COVID-19 Crisis, says DG Azevêdo

ABS News Service/21.07.2020

WTO to Set Up Two More Dispute Panels against India on Japan, Taiwan’s Request in Mobile Phone Case

·   EU Request already in Pipeline

ABS News Service/20.07.2020

Amina Mohamed of Kenya with US Support Emerges an early WTO DG Front-Runner

·   Tracking COVID-19’s Impact on Trade

ABS News Service/20.07.2020

After Indian Railways shows Chinese Firm the Door, China Company Retaliates, Sues Railways

ABS News Service/20.07.2020

Finance Minister Attends the 3rd G20 Finance Ministers and Central Bank Governors Meeting

ABS News Service/20.07.2020

Kerala Gold Smuggling Case: Customs to Probe Phone Calls made to UAE

ABS News Service/20.07.2020

Time Limit for Availing Transitional Credit under GST is Mandatory, says Madras HC

ABS News Service/20.07.2020

Truck with Space Research Machinery Took a Year to Reach Kerala from Maharashtra

ABS News Service/20.07.2020

Type Approval for Mobile Import Returns as DoT Server Breaks Down

ABS News Service/20.07.2020

CBIC Claims 1,377 Exporters Fraudulently Claimed IGST Refund of ₹1,875 crore

ABS News Service/18.07.2020

FIEO Offers to Help Locate Untraceable Exporters

FIEO Press Release dated 18.07.2020

Madras HC Rules in Landmark Judgement that Enhanced Duty cannot be charged on Imports Cleared before Time of Notification Issue

·    Board must Refund old Cases where wrongful Duty Charged at Gun Point by Customs

ABS News Service/18.07.2020

Eight Candidates for WTO DG Race

·    WTO Members Meet the Candidates for Director-General

ABS News Service/18.07.2020

Beware the Silent Spreader – Covid Waste

·    Surging Biomedical Waste Generated from Residential and Containment Areas can Pose a Major Threat to People

ABS News Service/18.07.2020

Time to bring in the ‘Fourth’ Bin for Home Medical Waste

·    India needs to put a Tighter Lid on this Waste to contain the Spread of Covid-19

ABS News Service/18.07.2020

Kerala Gold Smuggling: Hawala Network, more Shipments over Rs 40 crore under Scanner

ABS News Service/18.07.2020

Joint Statement on U.S.-India Strategy Energy Partnership

ABS News Service/18.07.2020

New Form 26AS is the Faceless Hand-Holding of the Taxpayers

Min of Fin Press Release/18.07.2020

Air Conditioners under Compulsory BIS Regime – Imports Must Bear BIS Mark

MoC&I Order dated 5th December 2019

Rupee Gains by 30 paise against Dollar, Pegged at Rs. 76.10 w.e.f 17 July 2020

59-Cus(NT)/16.07.2020

India and Bhutan Launch Jaigaon-Ahllay for Pasakha Industrial Estate Trade Route

·   Alternate Route via Phuentsholing

ABS News Service/17.07.2020

Covid-19: Why Casual Workers and the Self-Employed are most likely to Lose their Work and Incomes

ABS News Service/17.07.2020

For home-grown 5G, RJio bets on free platform Open RAN

ABS News Service/17.07.2020

India-US FTA in the Making? – Tele-conversation held between Piyush Goyal and Ross

ABS News Service/17.07.2020

Kerala Gold Smuggling Case: UAE Consular Attache’s Gunman Missing, Allege Family

·   Diplomatic Baggage cannot be checked under Vienna Convention

·   Fazil Fareed and KT Ramees in Suspect List

·   Sivasankar IAS Suspended

ABS News Service/17.07.2020

Giriraj Singh Launches the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund

·   Milk production is expected to rise to 330 million tons by 2024; Government trying to increase milk processing up to 40% - Giriraj Singh

·   AHIDF will facilitate incentivization of investments in establishment of infrastructure for dairy and meat processing and value addition, and establishment of animal feed plants in the private sector

ABS News Service/17.07.2020

Kolkata to North East via Chittagong Port Route Open

·   Union Shipping Minister Flags Off First Container Ship from Kolkata Port to Agartala via Chattogram Port

·   It’s a Historic move in Indian Maritime Sector and Economic Development of North East Region: Mandaviya

ABS News Service/17.07.2020

Government unable to give GST to Hand Sanitizers will Lead to Inverted Duty Rate

Min of Fin Press Release/15.07.2020

No BIS Certificate for ACs if both Indoor and Outdoor Units are Outsourced to Supporting Manufacturer

·   Guidelines for Certification of Air Conditioners (AC) having Indoor Unit (IDU) and Outdoor Unit (ODU)

ABS News Service/16.07.2020

Issue Notification to Ban RO Purifiers by year-end, NGT tells Govt

ABS News Service/16.07.2020

Agri Ministry Issues New Guidelines for New Farmer Producer Organisations

ABS News Service/16.07.2020

Ministry favours Scrapping Criminal Charges for Offences under Legal Metrology Act

ABS News Service/16.07.2020

India Records all time high Export of Coir and Coir Products

ABS News Service/16.07.2020

Exports, Imports Fall for 4th month in June, but Trade Turns Surplus after a Decade

ABS News Service/15.07.2020

Monthly Figure yet again Shows Drastic Arrest in the Decline of Exports as Business Activities Starts Across Major Economies of the Globe: Sharad Kumar Saraf, President, FIEO

FIEO Press Release dated 15.07.2020

No Sign of EU-India FTA Talks Resuming, New High-Level Trade Dialogue Established

ABS News Service/15.07.2020

Joint Statement of the 15th India-EU Summit (July 15, 2020)

MEA/New Delhi/July 15, 2020

EU-India Joint Declaration on Resource Efficiency and Circular Economy

ABS News Service/15.07.2020

India-EU Strategic Partnership: A Roadmap to 2025

ABS News Service/15.07.2020

US Calls for more IP Protection, Liberal Foreign Investment Norms, Policy Predictability at India-US CEO Forum

ABS News Service/15.07.2020

Union FPI Minister Highlights Champion Segments in Food Processing Sector for both Countries to Benefit Mutually

·   Smt. Harsimrat Kaur Badal addresses the Digital Indo- Italian Business Mission on Food Processing'; discusses the emerging trends and growth opportunities in the food processing sector

PIB Press Release dated 15.07.2020

Jio Ready with 5G Solution, Ropes in Google for Affordable Smartphone

ABS News Service/15.07.2020

Chinese E-commerce Firm Club Factory Finally Suspends India Operations; Puts Sellers’ Payments on Hold

ABS News Service/15.07.2020

Automobile Makers want GST Cut, Incentives-based Vehicle Scrappage Scheme

·         Passenger Vehicle Sales Fall to 20-Year Low in Q1

ABS News Service/15.07.2020

Low-cost Supercapacitor from Industrial Waste Cotton & Natural Seawater Electrolyte can help Energy Storage

ABS News Service/15.07.2020

Mandaviya Reviews the Development of India’s First Trans-shipment Hub - Vallarpadam Terminal of Cochin Port, Kerala

ABS News Service/15.07.2020

India-US CEO Forum 2020 Deliberates Current Issues, Piyush Inaugurates

ABS News Service/15.07.2020

CBIC Issues FAQ on Manufacture and other Operations in Customs Warehouse

CBIC Website

For strong, resilient and ‘’Aatma Nirabhar Bharat’’, trade bodies have an important role to play: Mr. Piyush Goyal

·    Commerce and Industry Minister addresses 184th AGM of Bombay Chamber of Commerce Industry

PIB Press Release dated 13.07.2020

Atmanirbhar Bharat’s First Boost to be made in China; 5 New Urea Plants to make India Self-Reliant

ABS News Service/14.07.2020

PM interacts with Google CEO Sundar Pichai

·    Google CEO appreciates PM’s leadership in the battle against the pandemic in India

·    Google CEO briefs PM on Google’s large investment plans in India

·    Technology has been of great benefit for farmers; immense potential of AI in agriculture: PM

·    Use of technology to expand the scope of online education and increasing access to technology in native language discussed

PIB Press Release dated 13.07.2020

Finance Minister Nirmala Sitharaman Reviews Pradhan Mantri Fasal Bima Yojana

·    Stresses the importance of carrying out awareness activities & need for States to release Premium Subsidy on time to ensure timely settlement of claims

PIB Press Release dated 13.07.2020

Finance Minister Reviews Implementation of Insurance Scheme for Health Workers Fighting COVID 19 Announced under PMGKP; Emphasizes the need for Speedy Settlement and Benefit Reaching Out to the Nominees at the earliest

PIB Press Release dated 13.07.2020

Road Ministry Advises States to not to insist upon Registration/Driving Licence for Road Building and Rehabilitation equipments and Heavy Earth Moving Machineries.

·    Heavy Road Making Machinery is not a Motor Vehicle, and is not covered under MV Act

PIB Press Release dated 13.07.2020

Income Tax Department Carries Out Search and Survey Operations in Rajasthan, Delhi and Mumbai

PIB Press Release dated 13.07.2020

NIA Suspects Terror Funding in Kerala Gold Smuggling Case

ABS News Service/14.07.2020

Iran Drops India from Chabahar Rail Project, Cites Funding Delay

ABS News Service/14.07.2020

U.S. Rejects China's Claims in South China Sea

ABS News Service/14.07.2020

Keeping Trade Open Amid COVID-19 crisis Central to Achieving SDGs and Economic Recovery, says WTO

ABS News Service/14.07.2020

Three Months Extension for Re import of Graded Diamonds to Get Post Covid Logjam

Min of Fin Press Release/ 12.07.2020

More Gold Seized at Kerala Airports following Controversial Smuggling Case

ABS News Service/13.07.2020

Boycott China Clamour Leaves Delhi Traders Mulling Options

ABS News Service/13.07.2020

China’s Central Bank Sells Stake in HDFC

ABS News Service/13.07.2020

China Out in Aatma Nirbhar Pact

MoF Press Release/12.07.2020

Cash Withdrawal from Banks

·    CBDT provides Utility to Ascertain TDS Applicability Rates on Cash Withdrawals

ABS News Service/13.07.2020

Taxman is Watching Your Cash Withdrawals from Banks

·    CBDT’s New Tool for Banks, Post Offices to Deduct Tax on Heavy Cash Withdrawals

ABS News Service/13.07.2020

MoRTH asks NIC to Ensure Capturing FASTag Details before New Vehicle Registration and while Issuing fitness Certificates for National Permit Vehicles

·    Besides facilitating smooth commutation/transit, the move to check Covid

·    NETC integration with VAHAN fully achieved

MoRTH Press Release/ 12.07.2020

Displaying Rule of Origin Mandatory for E-commerce Packaging

·   Compliance with Standards for Packaging and Labelling

MCA Notification No. WM-7(7)/2020 dated 03.07.2020

Bangladesh Gets Zero-Tariff on Exports to China

ABS News Service/11.07.2020

China Suspends Imports of Ecuador Shrimp on Coronavirus Risk

·   Exporter says Virus found only in Container Walls

ABS News Service/11.07.2020

Trump Says China Relationship "Severely Damaged," Rules Out Phase 2 of Trade Deal

ABS News Service/11.07.2020

Explained: How in Kerala Gold Smuggling Rackets, the Big Sharks always escape

ABS News Service/11.07.2020

WTO Debates Economy, Measures to Tackle Plastic Pollution

ABS News Service/11.07.2020

WTO, ICC and B20 Call for Action to Narrow the Growing Trade Finance Gap

ABS News Service/11.07.2020

At Over ₹1-lakh cr, Centre to Pay Stiff Interest on Recap Bonds

ABS News Service/11.07.2020

Draft Code on Wages (Central) Rules, 2020 Notified

·    Old Eight rules on Wages Combined in One

Ministry of Labour and Employment Notification dated 7 July 2020

Efficient Sivasankar in Gold Smuggling Case only for One Time Employment of Swapna through NIC

ABS News Service/10.07.2020

Kerala Gold Smuggling Case Shifted to NIA, No Expertise in Handling Gold which is a DRI Matter, Diplomat and UAE Govt in the Dock

ABS News Service/10.07.2020

No anticipatory Bail for Swapna Suresh

ABS News Service/10.07.2020

China Imports: India should Shun Knee-Jerk Reaction, says SBI Report

ABS News Service/10.07.2020

Modi, EU Leaders to discuss multilateralism, strategic partnerships at India-EU Summit

ABS News Service/10.07.2020

Gold Smuggling case Gets Murky, Alleged Smuggler Files Case in High Court

·   IAS Secy to CM Kerala Implicated

·   Big Fish in UAE are the Owners of the Gold, Swapna and Suresh are Small Fry

ABS News Service/09.07.2020

Display Country of Origin by August 1, Deadline Fixed for Ecommerce

ABS News Service/09.07.2020

China Delaying Clearance of Indian Seafood Consignments, Exporters Worried

ABS News Service/09.07.2020

Alcohol-based Hand-Sanitiser Makers under Scanner for Alleged GST Evasion

·   Misclassification of Products Hits Tax Revenue, says Govt source

ABS News Service/09.07.2020

Big Move! Flipkart, Amazon, E-commerce Players must Display 'Country of Origin' for Products, says DPIIT

ABS News Service/09.07.2020

Pradhan Mantri Garib Kalyan Anna Yojana – Allocation of Additional Foodgrain for further Five months from July to November, 2020

ABS News Service/09.07.2020

Cabinet Approves Central Sector Scheme of Financing Facility under 'Agriculture Infrastructure Fund'

ABS News Service/09.07.2020

Cabinet Approves Capital Infusion for the three Public Sector General Insurance Companies – Oriental Insurance Company Limited, National Insurance Company Limited and United India Insurance Company Limited

Press Release/08.07.2020

Spend Half of Annual Capital Expenditure Target by Q2 of Fiscal 2020-21, says Nirmala Sitharaman

ABS News Service/09.07.2020

Memorandum of Understanding (MoU) between CBDT and SEBI Signed for Data Exchange

ABS News Service/09.07.2020

World's E-Waste 'Unsustainable', Says UN Report Citing China, India, and US

ABS News Service/09.07.2020

United Kingdom Nominates Dr Liam Fox, Saud Arabia (Mr Mohammad Maziad Al-Tuwaijri) and Kenya (Ms Amina C. Mohamed) for WTO DG Race

ABS News Service/09.07.2020

Non WTO Compliant Port Barriers to Restrain “Cheap” Imports from China

·   India may Go beyond China to Cut Cheap Shipments

ABS News Service/09.07.2020

AIIMS Delhi Starts Tele-Consultation Guidance to State Doctors on COVID Clinical Management

·   To Strengthen Central Govt’s Efforts to Reduce COVID Mortality

·   10 Hospitals with more than 1000 Beds to participate in the First Session

·   Tele-Consultation Sessions Twice Every Week, on Tuesdays and Fridays

ABS News Service/09.07.2020

Covid-19 Antibody Test-It’s Advantage Private Labs

·   With No ICMR Norm, Laboratories are Charging Arbitrarily

ABS News Service/09.07.2020

Online Services Trade Challenges and Opportunities Amid COVID-19 Crisis Discussed at WTO

ABS News Service/07.07.2020

LDC Enhanced Integrated Framework issues 2019 Annual Report

ABS News Service/07.07.2020

Covid Effect: A Long Road to Normalcy for India Inc

ABS News Service/07.07.2020

Fighting Covid-19 with Pods and Robots

ABS News Service/07.07.2020

$12 bn worth Chinese Imports under Government Lens; Customs Duty may be Hiked

ABS News Service/06.07.2020

Relief on Chinese Goods Import to some Extent, 1 July Cases to be Covered Now

ABS News Service/06.07.2020

TV Manufacturer Complains on 100% Exam at Airports

ABS News Service/06.07.2020

Amazon, Google Face Tough Government E-Commerce Rules: Report

ABS News Service/06.07.2020

Complete Ban News on Import of Power Equipment from China Pushes up Share Prices of BHEL

ABS News Service/06.07.2020

Cache of Diplomatic Baggage in Trivandrum Yields 30 kg of Gold

ABS News Service/06.07.2020

Exporters want Flexibility in Fixing Rates under New RoDTEP Duty Refund Scheme

ABS News Service/06.07.2020

AatmaNirbhar (Self Reliance) App Launch in 2 Track Mode

·   Existing Apps are to be Promoted in Track 1 of App Innovation Challenge

·   The Track 2 of the Challenge Focuses on Development of New Apps

Press Release/04.07.2020

Covid-19 Hits 70% Start-Ups, FICCI-IAN Survey

ABS News Service/06.07.2020

June Merchandise Exports to Reach 88% Last year Figure, Commerce & Industry Minister Tells EEPC India New Chairman

ABS News Service/06.07.2020

World Bank and Govt of India Sign $750 mn Agreement for Emergency Response Programme for MSME

ABS News Service/06.07.2020

MSMEs Feel Heat Due to Delay in Clearance of Chinese Goods

ABS News Service/04.07.2020

Banning Power Equipment Imports from China, Pakistan, says Power Minister

ABS News Service/04.07.2020

Late Fee Capped at Rs. 500/- for each GSTR-3B Return

Min of Finance Press Release/03.07.2020

Minister Optimistic of Export Revival

·   Holds Meeting with Exporters to Discuss and Address their Issues

MoC&I Press Release/03.07.2020

Revised BIS Standards for Secondary Cells and Batteries for Nickel and Lithium Systems Notified

Revised Standards/02.07.2020

All Doctors Allowed to Prescribe Corona Tests

·   ICMR Guidelines Empowering Citizens for Testing SARS- Cov-2 Virus

Ministry of Health & Family Welfare Guidelines dated 01.07.2020

Customs Department gives Clearance to Cargo Imported from China

ABS News Service/03.07.2020

Clearance of Cargo as per Filing of Bills of Entry upto June 30 Irrespective of COO

Delhi Customs Brokers Association

Nitin Gadkari Asks Centre to Ensure Quick Release of Chinese Goods Stuck at Indian Ports

ABS News Service/03.07.2020

FedEx Joins DHL, Temporarily Suspends Chinese Import Shipments to India

ABS News Service/03.07.2020

India Customs Tightens Clearance Process for Chinese Imports

ABS News Service/03.07.2020

Chinese Imports Stalled at India’s Ports and Airports

The Straits Times

More than 2 Crore N95 Masks & more than 1 Crore PPEs distributed Free of Cost by Central Government to States

Press Release/03.07.2020

WTO Sets up Panel on Mobile Tariff Dispute on EU Request

·    Single Panel to Club Dispute Raised by Other Countries

·    13 Others including US, Japan, Taiwan and Pak Join as Third Country

ABS News Service/02.07.2020

CBDT Extends Tax Holiday to SEZ New Units by Sox months to 30 Sept, Industry Wants at least 31 March 2021

ABS News Service/02.07.2020

Minister Marks Third Anniversary of GST

ABS News Service/02.07.2020

Covid Tests Hits 1 cr Mark

ABS News Service/02.07.2020

Members Discuss Possible SPS Declaration for WTO’s 12th Ministerial Conference

ABS News Service/02.07.2020

Heads of WTO and Development Banks Voice Support for Trade Finance Amid COVID-19 crisis

ABS News Service/02.07.2020

New Portal for Udyam Registration (www.udyamregistration.gov.in) Launched by the MSME Ministry

·   New Process of MSME Registration Takes Off in the name of Udyam Registration from 1st July, 2020 as planned earlier

·   The Portal Guides the Entrepreneurs Step by Step as to what they should know, what they should do

·   Government has Organized a Full System of Facilitation for Registration Process

MSME Press Release/30.06.2020

Implementation of Amendments in the Indian Stamp Act, 1899 and Rules made from 1st July, 2020 for Rationalized Collection Mechanism of Stamp Duty across India with respect to Securities Market Instruments

ABS News Service/01.07.2020

Handicraft Exports may Fall 40% this Fiscal Due to Covid-19

ABS News Service/01.07.2020

Rs. 90,917crore gross GST Revenue Collected in the month of June

·   GST Revenue Collection for June, 2020

MoF Press Release/01.07.2020

Unregistered Pan Masala/Gutkha Manufacturing Unit in Delhi under GST Fire

MoF Press Release/01.07.2020

Domestic Flights may not See Immediate Rise

ABS News Service/30.06.2020

Sufficient Stock of Food Grains available with Food Corporation of India

·   FCI Procured total 388.34 LMT Wheat and 745.66 LMT Rice till June

·   Total 99,207 MT of Food Grains Distributed under AtmaNirbhar Bharat Package and 101.90 LMT Food Grains under PMGKAY to Beneficiaries

·   Most of the remaining States expected to implement One Nation One Ration Card scheme by December 2020

ABS News Service/30.06.2020

WTO Report on G20 Shows Moves to Facilitate Imports even as Trade Restrictions Remain Widespread

ABS News Service/30.06.2020

PM Addresses Nation and Announces Extension of Pradhan Mantri Garib Kalyan Anna Yojana

·   Scheme Extended till Deepawali & Chhath Puja, ie till the end of November: PM

·   5 kg Free Wheat/Rice to be provided to more than 80 crore people - to each Member of a Family - along with 1 kg free whole Chana per Family, per month

·   PM Credits Hardworking Farmers and Honest Taxpayers for Making the Scheme Possible

·   As the fight against Coronavirus Shifts to Unlock 2, PM Asks everyone to Follow Regulations with same Seriousness as during Lockdown

ABS News Service/30.06.2020

MHA Issues New Guidelines for Unlock 2

·   Unlock 2 Opens up more Activities Outside Containment Zones

·   Strict Enforcement of Lockdown in Containment Zones

MHA Press Release dated 29.06.2020

MHA DO Letter to Chief Secretaries and Administrators on Unlock.2

Home Secretary Letter dated 29.06.2020

Centre Bans 59 Chinese Apps, including TikTok

PIB Press Release dated 29.06.2020

Covid 19 Puts Brakes on Automobile, Auto Parts Exports in May, says EEPC

ABS News Service/29.06.2020

Home Ministry Slashes Treatment Costs by almost two-thirds in Delhi as Recommended by Committee Headed by NITI Aayog

·    Union Home Minister, Amit Shah said “The entire nation rallies behind Prime Minister in the fight against Corona”

·    Delhi has not reached community transmission stage, situation far better today in Delhi compared to June beginning, public need not to panic

·    Testing scaled by four times and beds availability to touch almost 30,000 by 30th June from 9,500 on 14th June

·    We have provided Delhi with 10,000 Pulse Oxymeters, 440 Ventilators and 500 Oxygen cylinders and directed more Ambulances for Delhi

·    Common strategy soon for tackling Corona crisis in Delhi NCR

ABS News Service/29.06.2020

Ministry of MSME Shows the Way to make MSMEs Break their Barriers and become Champions

·    New Classification Raises the Investment Limits and adds turnover as another criteria: this raises the hopes and aspirations of millions of MSMEs

·    Eases the Entry Rules beyond Comprehension; No Papers required for Registering an MSME called Udyam now Onwards

·    Effective Mechanism for Facilitation Set up Right from Registration Level

[MSME Press Release/ 26.06.2020]

Exclusion of Export Turnover from MSME Definition to be notified in 2-3 days, says Nitin Gadkari

ABS News Service/27.06.2020

Tackling Challenges Facing MSMEs is Critically Important, says DG Azevêdo

ABS News Service/27.06.2020

WTO, UNCTAD, ITC Chiefs Announce Rollout of Revamped Trade Data Tool for Small Businesses

ABS News Service/27.06.2020

President Promulgates Banking Regulation (Amendment) Ordinance, 2020

·    Amendments to Ensure better Management & Sound Regulation of Cooperative Banks

·    Facilitates making of Reconstruction/Amalgamation Scheme in the Interest of Public/Depositors/Banking/Proper Banking Company Management

ABS News Service/27.06.2020

Health Ministry Issues Updated Clinical Management Protocol for Managing COVID-19 cases

·    Updated Protocol includes use Dexamethasone as an Alternative to Methylprednisolone for Managing Moderate to Severe Cases

ABS News Service/27.06.2020

Center Bolsters Efforts for COVID Management in Delhi

·    Diagnostic Material for 4.7 lakh RT-PCR Tests, and 50,000 Rapid Antigen Test Kits supplied Free of Cost to Delhi Govt by ICMR

·    “Sardar Patel Covid Care Centre” at Chhattarpur, a 2000-bedded facility, to be operated by Medical and other Personnel of Central Armed Police Forces

ABS News Service/27.06.2020

WTO Members Underline Importance of Facilitating Safe Agri-Food Trade in Times of Crisis

ABS News Service/27.06.2020

Fisheries Subsidies Negotiations Chair Introduces Draft Consolidated Text to WTO Members

ABS News Service/27.06.2020

Battery Swapping Facility Quick Interchange Service inaugurated in Chandigarh

·    We must leverage technology to scale up electric mobility in the country, says Dharmendra Pradhan

ABS News Service/27.06.2020

India Prepares for a Change in Electricity Sector through Proposed Electricity (Amendment) Bill 2020

ABS News Service/26.06.2020

Chennai Customs to Check Chinese Cargo based on ‘Specific Intelligence’

·   Detained Goods to Suffer Demurrage from 27 June after Expiry of Three Day Free Period

ABS News Service/26.06.2020

Pile-up of Chinese Goods at Indian Ports - Exporters Fear Retaliation

ABS News Service/26.06.2020

India Holds up Chinese Imports after Deadly Border Clash

ABS News Service/25.06.2020

Made-in-China Labels soon on Products Sold by E-tailers?

ABS News Service/25.06.2020

MSME Shishu Loan Scheme Recast - 2% subsidy for 12 month Offered

ABS News Service/25.06.2020

Rs. 20,000 crore of Guarantee Cover to two lakh MSMEs

·    Refinance for NPA MSMEs

ABS News Service/25.06.2020

Rs 15000 crore Animal Husbandry Infrastructure Development Fund Set-up

·    Additional Investment for further Development of Shwe Oil & Gas Project in Myanmar Approved – will Assist Strengthening of Energy Bridges with Neighbours

ABS News Service/25.06.2020

Cabinet Approves Establishment of Animal Husbandry Infrastructure Development Fund

ABS News Service/25.06.2020

Mandaviya Calls for Exploring the Possibility of Recycling of Dredging Material

ABS News Service/25.06.2020

Private Sector Participation in Space Activities Approved

ABS News Service/25.06.2020

IMF Scales Down Growth Projection, says Indian Economy will Contract by 4.5% this Fiscal

·    Expects a Bounce-back in FY 2021-22, Still Lowers Forecast

ABS News Service/25.06.2020

Korea Nominates Ms Yoo Myung-hee for Post of WTO DG

ABS News Service/25.06.2020

COVID-19 Farm Support Packages and Export-Restrictive Measures under Scrutiny at WTO

ABS News Service/25.06.2020

MEA Issues 1.22 crs Passports in 2019

ABS News Service/25.06.2020

Extension of various Time Limits under Direct Tax & Benami Laws

MoF Press Release/24.06.2020

Income Return Filing AY 2018-19 Extended to 31 July 2020, AY 2019-20 to Nov 2020

CBDT Notification dated 24.06.2020

E-Pass Non Issue Hinders Goods Movement in Chennai Customs

Circular dated 20.06.2020

Chaos in Ports as Customs Stops all Consignments from China for “Examination”

·   Importers Advised to Shift Boxes to Bonded Warehouse under Sec.49 of CA 1962 to Avoid Demurrage

ABS News Service/24.06.2020

CBIC Enables End to End Paperless Exports under Turant Customs

PIB Press Release dated 23rd June 2020

Government Declares Minimum Support Price for Mature Dehusked Coconut

·   More than 5 percent increase for the season 2020 to benefit millions of farmers

·   Central Government has given utmost importance to the interests of farmers growing all kinds of crops – Union Agriculture & Farmers’ Welfare Minister Shri Narendra Singh Tomar

ABS News Service/24.06.2020

Commerce and Industry Minister Piyush Goyal Meets Service Exporters

·   Exhorts them to Develop Competitive Advantage, Focus on Quality, and Explore New Destinations and Services

·   Calls the Services Sector to Reduce Import Dependence, and give Opportunity to Large and Varied Skilled Workforce within the Country

MoC&I Press Release/23.06.2020

Pharma Exports up 19% in May

·   Growth likely to Sustain on Demand for Covid-19 Drugs

ABS News Service/24.06.2020

Government Schemes for MSMEs & NBFCs Creating Significant Impact - Sanctions under Emergency Credit Line Guarantee Scheme (ECLGS) Cross Rs. 79,000 crore

ABS News Service/24.06.2020

India Seeks 50% Reduction in Pakistan High Commission Strength

ABS News Service/24.06.2020

Pick-up in Discretionary Spending unlikely as long as Covid Uncertainty Persists, says CEA

·   Cash Transfers won’t help as Money will be Used only to Purchase Essential Items

ABS News Service/24.06.2020

Statement issued by the Ministry of Ayush on Claims of Patanjali Ayurved regarding Treatment of COVID-19

PIB Press Release dated 23rd June 2020

Trump Move on Non-immigrant Visas may not Hit Indian IT Firms Hard

ABS News Service/24.06.2020

Suggestions Invited for Amending Motor Vehicle Rules to Defer BS-IV Emission Norms for Construction Equipment Vehicles, Tractors and Harvestors

PIB Press Release dated 23rd June 2020

Trade Falls Steeply in First Half of 2020

WTO Press Release dated 23rd June 2020

100 percent Examination of All Consignments of China Origin Goods

·   Port Clearance of China Origin Goods Arrested

ABS News Service/23.06.2020

Govt Mulls Stricter Curbs Amid India-China Faceoff

ABS News Service/23.06.2020

Information about Country of Origin by the Sellers made Mandatory on GeM to promote Make in India and Aatmanirbhar Bharat

MoC&I Press Release/23.06.2020

Kerala becomes the First State to Adopt Second Level Verification for New GST Registrations

ABS News Service/23.06.2020

New Opportunities Opening Up in Food Processing Sector

·   6 States and over 180 Investors participate in Webinar Chaired by Union FPI Minister

ABS News Service/23.06.2020

ITC cannot be Availed on GST Paid for Hiring Vehicles for Employee Transportation

ABS News Service/22.06.2020

Apparel Export Body Seeks Lifting of Export Ban on PPE Kits as Production Hits 8 lakh Units per Day

ABS News Service/22.06.2020

China Loses WTO Dispute to EU Over Market-Economy Status, may be Slapped with High Anti-Dumping Tariffs

ABS News Service/22.06.2020

“Chasing the Virus” in Dharavi, and Ensuring a Steep Decline of Daily Cases from an Average 43 in May to 19 in Third Week of June

PIB Press Release dated 21st June 2020

Fresh Demarcation of Containment Zones, Strict Monitoring and Control of Activities in these Zones

·      Union Home Minister Amit Shah chaired a high level meeting where report of Dr. V.K. Paul Committee on containment strategy of COVID-19 in Delhi was presented

·      Contact Tracing and Quarantining of Contacts of all infected persons, with the use of Aarogya Setu and Itihas App

·      Listing and monitoring of each household even outside containment zones, which will help in getting comprehensive information about Delhi

·      Serological survey to be conducted in all of Delhi from 27.06.2020 to 10.07.2020 involving sample testing of  20,000 persons

PIB Press Release dated 21st June 2020

India against Easing Farm Export Tariffs Amid Covid

ABS News Service/22.06.2020

The Number of Covid Recoveries Exceeds Active Cases by more than 50,000

·      Recovery Rate Improves to 55.49%

PIB Press Release dated 21st June 2020

Supreme Court Stays Delhi HC Judgment Directing Dept to Open GST TRAN-1 Till 30th June 2020

ABS News Service/20.06.2020

ITAT wants Larger Bench to Review Centre’s Decision on Granting Stay in Tax Disputes

ABS News Service/20.06.2020

MoRTH Invites Suggestions from Stakeholders including for Amending Motor Vehicle Rules for Facilitating MOUs with Neighbouring Countries Involving Movement of Passenger or Goods Vehicles

Press Release/20.06.2020

India - AIIB Sign an Agreement for $750 mn for COVID-19 Support for India

Press Release/19.06.2020

PM Modi Launches Garib Kalyan Rojgar Abhiyaan

·   Prime Minister Narendra Modi launches Garib Kalyan Rojgar Abhiyaan on 20th June 2020 to boost employment and livelihood opportunities for migrant workers returning to villages, in the wake of COVID-19 outbreak

·   Abhiyaan focuses on durable rural infrastructure and providing modern facilities like internet in the villages : Prime Minister

·   Skill Mapping of the rural migrant labour being done to help them work closer home : PM

·   Rs 50,000 Crore worth project to be implemented in a mission mode campaign in 125 days in 116 Districts of 6 States

ABS News Service/20.06.2020

Prime Minister Garib Kalyan Package-Progress So Far

·   More than 42 crore poor people received financial assistance of Rs 65,454 crore under the Pradhan Mantri Garib Kalyan Package

Press Release/20.06.2020

PM Holds All Party Meeting to Discuss Situation in India-China Border Areas

·   20 of our Brave Soldiers made the Supreme Sacrifice in Ladakh but also Taught a Lesson to those who dared to look towards our Motherland: PM

·   Neither is anyone inside our territory nor is any of our post captured: PM

·   India wants peace and friendship, but upholding sovereignty is foremost: PM

·   Armed forces have been given a free hand to take all necessary steps: PM

·   Govt has given primacy to development of border area infrastructure to make our borders more secure: PM

·   All necessary steps for national security and construction of infrastructure will continue at a fast pace: PM

·   Leaders of political parties express commitment to stand united with the government and repose faith in the leadership of PM

ABS News Service/20.06.2020

Government Closely Monitoring Transmission of Repo Rate Cut by the Banking Sector and Recognise Efforts of Wealth Creators in Scripting India’s Growth Story - Finance Minister in a Virtual Meeting with PHD Chamber

ABS News Service/20.06.2020

11% of India’s Medical Devices Imports are from China

ABS News Service/20.06.2020

COVID-19 Updates

Centre Writes to States to Follow the Guidelines for Effective Home Isolation

ABS News Service/20.06.2020

Charges for Isolation Beds in Private Hospitals for COVID Patients Slashed to about One-Third

·   From health surveys to testing and cap on in-patient private hospital costs, COVID-19 management in Delhi streamlined on directions of the Union Home Minister Shri Amit Shah

·   House-to-house health survey in 242 containment zones of Delhi completed; a total of 2.3 lakh people surveyed

·   Cheaper and faster Rapid Antigen testing started; a total of 7,040 people tested in 193 testing Centres; Testing to be ramped up in coming days

ABS News Service/20.06.2020

Centre Lauds Karnataka’s IT-based Model of Comprehensive Contact Tracing and House-to-House Survey

Press Release/19.06.2020

Domestic Production Capacity HCQ Tablets Increases three Fold from 10 Crore Tablets (Approx) per month to 30 Crore (Approx) Tablets per month

·   After providing for Enough/Surplus Stocks For Domestic Market, Ban on Export of HCQ Lifted

·   Inter-ministerial High-Level Empowered Committee reviews the situation regularly on Fortnightly basis

ABS News Service/20.06.2020

Harsimrat Kaur Badal Holds Video Conferences with Promoters of Agro-Processing Clusters

·   36 Projects Reviewed under Agro-processing Cluster Scheme

·   Monthly Virtual Inspections of Projects Carried Out

ABS News Service/20.06.2020

BIS SMART Registration – Discontinuation of Offline Test Reports

BIS, HQ - Registration Department

India Plans Extra Tariffs, Trade Barriers on 300 Imported Products– Sources

ABS News Service/19.06.2020

India Set to Re-enter UN Security Council

India’s candidature for 2021-22 for the lone seat from Asia Pacific had been unanimously endorsed by 55 members of the group last June.

ABS News Service/19.06.2020

India will be UN Security Council President for August, 2021

ABS News Service/19.06.2020

India’s Vision after Entry to UNSC

ABS News Service/19.06.2020

Finmin Seeks Expenditure Proposals for First Supplementary Demands

ABS News Service/19.06.2020

DoT Decides to Withdraw 96% of AGR Dues Demanded from PSUs

ABS News Service/19.06.2020

Used-Cars Segment Sees Renewed Buyer Interest

ABS News Service/19.06.2020

Fisheries Subsidies Work Resumes in Geneva as COVID-19 Restrictions Ease

ABS News Service/19.06.2020

Insurance Regulator Mulls including Covid-19 Home Treatment Costs under Health Cover

ABS News Service/19.06.2020

Advisory for Managing Health Care Workers Working in COVID and Non-COVID Areas of the Hospital

MoH&FW (EMR Division)/18.06.2020

India China Confrontation on the Border, Commanding Officer among 20 Die in Fight without Arms

ABS News Service/18.06.2020

Oppo Cancels Live Online Phone Launch in India Amid Calls to Boycott Chinese Goods

ABS News Service/18.06.2020

Gem, Jewellery Exports Plunge 82% as Covid takes Heavy Toll

ABS News Service/18.06.2020

No Merit in ‘Charging Interest on Interest’ for Deferred Payments during Moratorium, Supreme Court

ABS News Service/18.06.2020

Scheme for Relaxation of Time for Filing Forms related to Creation or Modification of Charges under the Companies Act, 2013

Ministry of Corporate Affairs General circular No. 23/2020 dated 17.06.2020

PM Holds Interaction with CMs to Discuss Situation Emerging Post Unlock 1.0

·   We must focus on both life and livelihood; boost health infrastructure, testing and tracing as well as increase economic activity: PM

·   We have tried to save each and every life; recovery rate in the country is now over 50%: PM

·   India is amongst the countries with least deaths due to coronavirus: PM

·   For the safety of self, family and community, no one should even think about venturing outside house without mask or face cover: PM

·   Due to recent efforts, several green shoots in economy now visible, which are encouraging us to forge ahead: PM

·   CMs provide feedback about ground situation in the states, give account of existing health infrastructure and steps taken for augmentation

ABS News Service/17.06.2020

PM sees Green Shoots in the Economy

ABS News Service/17.06.2020

Dharmendra Pradhan Stresses on Enhancing Domestic Steel Usage and Reducing Import Dependence for Meeting Oil & Gas Sector’s Steel Requirements

ABS News Service/17.06.2020

‘Jet Fuel Price Hike may not Impact Airlines Much’

ABS News Service/17.06.2020

Cooperation at the WTO would help the Global Economy Recover from COVID-19

ABS News Service/17.06.2020

Moldova Nominates Tudor Ulianovschi for Post of WTO DG

ABS News Service/17.06.2020

India May Exports Fall 36.47% to $19.05 bn, Trade Deficit Down to $3.15 bn

MoC&I Press Release dated 15th June 2020

May Figure Shows Drastic Arrest in Fall of Exports Due to Start of Businesses and Order Enquiries from US and EU, says FIEO President

ABS News Service/16.06.2020

CBIC Launches e-Office in all CGST and Customs Offices

ABS News Service/15.06.2020

India Joins Global Partnership on Artificial Intelligence (GPAI) in OECD Frame as a Founding Member

ABS News Service/15.06.2020

TN, Punjab likely to Get Additional Sum from Accumulated IGST of 2017-18

ABS News Service/15.06.2020

Union Home Minister Asks Delhi Government, all three Mayors and MCDs to Work Together

ABS News Service/15.06.2020

MoHA Clarification on Movement of Persons and Vehicles Plying on Highways between 9 PM and 5 AM

D.O. No. 40-10/2020-DM-I(A) dated 12th June, 2020

Nirmala says GST Collections only 45K crores per month in April and May

ABS News Service/13.06.2020

WTO Members Commend Efforts to Monitor Governments’ Trade Measures during COVID-19 Crisis

ABS News Service/13.06.2020

GST Council gives Little Relief to Tax Payers

·    Dismal Revenue Performance and Bleak Outlook

ABS News Service/12.06.2020

Enhanced Import Duty on Bamboo Sticks to give a Big Boost to Agarbatti and Bamboo Industries in India: KVIC

ABS News Service/12.06.2020

Government Issues Advisory to Streamline the Process for Import and Possession of Exotic Live Species in India

ABS News Service/12.06.2020

Shipping Ministry Approves Revised Cost Estimates to Augment Ship Repair Facilities in Andaman & Nicobar Islands

ABS News Service/12.06.2020

ILO Probes CTUs’ Complaint on Unfair Labour Laws

ABS News Service/12.06.2020

GDP Growth may Dip this year, says CEA

ABS News Service/12.06.2020

Special High Power Committee for FDI Clearances under Cabinet Secretary Notified

·    Indian Champions to be Promoted for Eight Sectors including Mobile and Electronics

DPIIT Order dated 10 June 2020

Department of Revenue to Provide Budget Support for ROSL after 7.3.2019 to Clear Back log

·    Cut-off Date Revised to 7.3.2019 from 1.4.2019

Ministry of Textiles Notification dated 9 June 2020

Nokia SEZ Size Cut by 4.774 hectares to Release area from Notification

MoC Notification/08.06.2020

LDCs Demand Medical Supplies for Covid-19

ABS News Service/11.06.2020

India’s economic growth profile will be ‘W’ shaped if the virus outbreak recurs: OECD India economist

ABS News Service/11.06.2020

QCI Celebrates the World Accreditation Day 2020

·    Role of credible, competent accreditation for improving food safety highlighted

ABS News Service/11.06.2020

Singapore, China Emerge as the only Positions for Engineering Goods Exports, says EEPC

·    Massive Contraction of Demand in US, EU, SAARC, UAE Seen

ABS News Service/10.06.2020

COVID Emergency Credit Facility Covers All Companies and not Just MSMEs, says Finance Minister

MoF Press Release/08.06.2020

Govt may Consider Extending Deadline for Availing 15% Corporate Tax Rate Benefit

ABS News Service/09.06.2020

India on the Mat on Six Quality Based Non-Tariff Barriers at WTO

ABS News Service/09.06.2020

Mexico Nominates Mr Jesús Seade Kuri for Post of WTO Director-General

ABS News Service/09.06.2020

SMS Returns Accepted for Nil Return under GSTR-3B from 8 June 2020

Ministry of Finance Press Release 8th June 2020

Revision of Public Procurement (Preference to Make in India), Order 2017

DPIIT Order dated 4 June 2020

Use of Digital Copy of Bill of Lading for Movement of Goods by Ships/Other Carrier

Indian Bank’s Association (IBA) Communication dated 5 June 2020

GST Council to Meet on June 12

GST Refrains from Revealing the Dismal Collections Figures for April and May (Believed to be one fifth the Normal 1 lakh cr per month)

ABS News Service/06.06.2020

Ordinance to Exclude Food Stuffs from ECA Issued with many “ifs and buts” to bring them back under Extra Ordinary Situations

Ministry of Law and Justice Ordinance dated 05.06.2020

What is the Essential Commodities Act, and how will amending it help?

ABS News Service/06.06.2020

Two Ordinances to “Boost to Rural India and Agriculture” Issued

PIB Press Release dated 05.06.2020

IBC Ordinance to Stop Insolvency Proceedings for Post March 25 Defaults Promulgated

IndiaLegal

Two Judgments on Transitional Credit

ABS News Service/06.06.2020

Clarification on Notification No. 26/2020-Cus dated 02.06.2020 regarding Basic Customs Duty on Imports of Lentils (Masur)

FinMin Press Release dated 4th June 2020

Centre Releases ₹36,400 crore as GST Compensation to States

ABS News Service/05.06.2020

Implementation of Paperless Process for Grant of Industrial Entrepreneur Memorandum (IEM)

ABS News Service/05.06.2020

Production Linked Incentive Scheme for Promotion of Domestic Manufacturing of Critical Key Starting Materials, Drug Intermediates and Active Pharmaceutical Ingredients

Department of Pharmaceuticals Notification dated 2 June 2020

Schemes for Promoting API Manufacturing in India

Department of Pharmaceuticals Notification dated 2 June 2020

Pak PM Aide Tells Exporters to Ship PPE

ABS News Service/05.06.2020

Motor Vehicle Rules Amendments Re-invited on Registration of New Vehicles, Driving Licences, and Recall of Old Vehicles

ABS News Service/04.06.2020

WTO Report Examines Impact of COVID-19 Pandemic on Small Businesses

ABS News Service/04.06.2020

India-Australia in Virtual Summits on 4 June

·    CEPA in Trade, RCEP to be discussed

·    Major Topics Health, Education, Defence

·    Many Pacts including Mutual Logistics Support Agreement to be signed

ABS News Service/04.06.2020

Disruptions in the Commercial Vehicle Market may Drive Truck Sales in the Post-lockdown Period: Survey

ABS News Service/04.06.2020

New Window for FDI Approval under Cab Sec

·   Government approves setting up of an “Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs)” in Ministries/ Departments for attracting investments in India

·   Proposal for Enhancing Investments in India

·   This will make India a more investor-friendly destination and to handhold and further smoothen investment inflows into the country. It will give a fillip to our domestic industries

·   EGoS and PDC is an important step in realising Prime Minister Narendra Modi’s vision of a $5 trillion economy

·   Will bring about synergies between Ministries/Departments and among the Central and State Governments in investment and related incentive policies

·   To give a boost to the economy and open up immense direct and indirect employment potential in various sectors

ABS News Service/03.06.2020

Cabinet Approves Two New Ordinances

·   Agri Trade

·   Another Ordinance to Amend Essential Commodities Act also Released

ABS News Service/03.06.2020

Foreigners Allowed to Enter India on Business Visa Issued by Indian Embassy – Four Categories Listed

ABS News Service/03.06.2020

DCGI Approves Remdesivir for Restricted Emergency Use for Covid-19 Treatment

ABS News Service/03.06.2020

Dharmendra Pradhan Holds Meeting with Steel Fabricators

·   Discusses Roadmap for Developing Steel Fabrication Cluster around Bhilai Steel Plant

ABS News Service/03.06.2020

Piyush Goyal Asks NPC to Leverage its Strengths for Expansion of its Advisory & Capacity Building Services

·   Online Review Meeting of National Productivity Council Held

ABS News Service/03.06.2020

Kolkata Port Trust Renamed as Syama Prasad Mookerjee Port

ABS News Service/03.06.2020

Guidelines for Implementation of Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme

File No. W-45/03/2020-IPHW-MeitY dated 01.06.2020

Guidelines for the Operation of Production Linked Incentive Scheme (PLI) for Large Scale Electronic Manufacturing

File No. W-28/1/2019-IPHW-MeitY dated 01.06.2020

Appraisal and Disbursement Guidelines for Effective Functioning of the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS)

File No. W-18/30/2019-IPHW-MeitY dated 31.05.2020

Minister Releases Guidelines and Application Process for Production and Investment Linked Incentives for Electronics Industry

PIB Press Release dated 02.06.2020

New Science, Technology, and Innovation Policy (STIP) consultation Initiated

ABS News Service/02.06.2020

Five Tips on How to Live with Novel Coronavirus

ABS News Service/02.06.2020

Issue of GST Late Fee for the Past Period (August 2017 to January 2020) to be Discussed in the Next GST Council Meeting

ABS News Service/02.06.2020

Chemicals and Petrochemicals Prescribes Minimum 60%, 70% and 80 percent Local Contents for 2020-21, 2021-23 and 2023-25  in Public Procurement

ABS News Service/02.06.2020

Kisan Credit Cards (KCC) campaign launched for 1.5 crore dairy farmers

·   Special drive part of Prime Minister’s Atma Nirbhar Bharat package for Farmers

PIB Press Release dated 01.06.2020

Cabinet Approves Upward Revision of MSME Definition and Modalities

·   Road Map for Implementing Remaining Two Packages for MSMEs

(a) Rs 20k crore package for Distressed MSMEs

(b) Rs 50k crore equity infusion through Fund of Funds

·   Fully Paved Way for Energising the MSME Sector through Entire Gamut of 'Atmanirbhar Bharat Package'

Cabinet Committee on Economic Affairs (CCEA) Press Release dated 01 June 2020

PM Chairs First Cabinet Meeting of Second Year in Office

·   Historic Decisions for MSME Sector, Street Vendors and Farmers Taken

·   MSME Definition Revised for the First Time after 14 years

·   Definition of Medium Units Enhanced further to Rs 50 crore Investment and Rs 250 crore Turnover

·   Special Micro Credit Facility Scheme 'PM SVANidhi' for providing Affordable Loans to Street Vendors Launched

·   For Kharif season 2020-21, Government Keeps Its Promise of Fixing MSP at a Level of at Least 1.5 times of the Cost of Production

·   Repayment Dates for Short-term Loans for Agriculture and Allied Activities Extended; Farmers to also Get Benefit of Interest Subvention and Prompt Repayment Incentive

·   Caring for the Poor is the Top Focus of the Government

Cabinet Secretariat Press Release dated 1st June 2020

MSME Turnover Limit Enhanced; Support Price for Paddy Hiked

ABS News Service/02.06.2020

PM Modi Launches CHAMPIONS, Technology Platform to Empower MSMEs

Prime Minister’s Office Press Release dated 1st June 2020

Steel and Steel Products (Quality Control) Order 2020

·    BIS Steel Standards for another 111+2 Items

·    Implementation period for Half the Items Vary from 3 Months to 9 Months

Ministry of Steel Order S.O. 1673(E) dated 27 May 2020

Unlock 1 New Guidelines 1st June 2020

·   Strict Enforcement of Lockdown in Containment Zones, which are to be Demarcated by State/ UT Governments based on Health Ministry Guidelines

·   Phased Re-opening of All Activities Outside Containment Zones; Unlock 1 to have an Economic Focus

·   Night Curfew to Remain in Force on Movement of Individuals for All Non-essential Activities from 9 pm to 5 am

MHA Press Release/30.05.2020

Lifting of Curbs on Movement of Goods, Persons to Help Exporters Recover Business, says EEPC Chairman

ABS News Service/01.06.2020

IT Minister Launches National Artificial Intelligence (AI) Portal of India- www.ai.gov.in

·   Inaugurate Intel India’s Initiative to Promote AI among School Students

PIB Press Release dated 30th May 2020

Medical Device Industry to Get over ₹3,000 crore Boost

·   Financial Incentives on Anvil to Boost Local Manufacturing of Medical Devices over Five Years

ABS News Service/01.06.2020

GSTN Enables Registration Functionality for Companies under Insolvency and Bankruptcy Code (IBC)

PIB Press Release dated 31st May 2020

Grievance Cell of MoFPI Resolves 581 out of 585 Issues Received from Industry Amid Covid-19 Situation

·   Smt. Harsimrat Kaur Badal holds regular Video Conferences with Food Processing Industry Stakeholders to Assess Situation at Ground Level

PIB Press Release dated 30th May 2020

Food Movement and Regulatory Reform Big Achievement, says Minister

PIB Press Release dated 30th May 2020

The Centre Asks for and Gets 'One Tight Slap' from ILO

ABS News Service/01.06.2020

Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices

1.    Background

2.    Objective

3.    Quantum of Incentive

4.    Target Segments

5.    Eligibility

6.    Tenure of the Scheme

7.    Base Year

8.    Incentive Outlay

9.    Incentive per company

10.  Basis of Computation

11.  Approval and Disbursement Process

12.  Nodal Agency

13.  Empowered Committee (EC)

14.  Annexure A: Target Segments of Medical Devices Eligible under PLI

15.   Annexure B: Eligibility Threshold Criteria

Ministry of Chemicals and Fertilizers, Department of Pharmaceuticals Notification dated 28 May 2020

Amendments in Income Tax Rules, 1962

CBDT Notification dated 28 May 2020

Nominations for New WTO DG Invited from 8 June Onwards for One Month

ABS News Service/30.05.2020

WTO Report Looks at Impact of COVID-19 Pandemic on Services Trade

ABS News Service/30.05.2020

Meeting of BRICS Heads of Tax Authorities held on May 29, 2020 – Held through VC

PIB Press Release dated 29th May 2020

MeitY Calls for Proposal to conduct ICT Grand Challenge under National Policy on Software Products (NPSP)

Ministry of Electronic & Information Technology

India and EU Hold Talks on Pandemic, Upcoming Summit

ABS News Service/29.05.2020

WTO Members Highlight COVID-19’s Impact on Agriculture Negotiations

ABS News Service/29.05.2020

CBDT Notifies Minimum Fee for India based Fund Managers Managing Offshore Funds

ABS News Service/29.05.2020

CIEPT Centres at Murthal, Jaipur, Madurai and Lucknow have Developed Face Shield as a Protective Equipment to Fight against 'Coronavirus'

Press Release/27.05.2020

Commerce and Industry Minister Piyush Goyal Holds Meeting with the Industry and Trade Associations

·    Goyal says that Aatamnirbhar Bharat Implies a Confident, Self-reliant and Caring Nation, and not an Inward-Looking One

PIB Press Release dated 27.05.2020

Marcos Troyjo Takes Over New Development Bank (BRICS Bank) from Kamath

·    Anil Kishora is VP and CRO

ABS News Service/28.05.2020

Locust Swarms Sweeping in the Affected States of Rajasthan, Punjab, Gujarat and Madhya Pradesh

·    200 Locust Circle Offices and Temporary Camps Conducting Survey & Control Operations

·    Union Agriculture Minister Approves Procurement of Additional 60 Sprayers from UK, Drones to be Deployed Soon

PIB Press Release dated 27.05.2020

SBI says GDP to Fall 40% in April-June 2020 Quarter

ABS News Service/27.05.2020

FSSAI Extends Display of "Date of Manufacturing" and "Best before Date" on Non Packed Sweets to 1 Aug 2020 from 1 June 2020

FSSAI Order dated 21.05.2020

Economy Set to Fall Off a Cliff

ABS News Service/27.05.2020

NPPA Claims N-95 Mask Prices have Fallen by 47% after its Threats of Action under ECA

Press Note dated 25 May 2020

Chair of Agriculture Negotiations Announces he will Step Down on 30 June

ABS News Service/26.05.2020

ILO Expresses Deep Concern at ‘Suspension’ of Labour Laws in India

ABS News Service/26.05.2020

SOP for Foreign Travel also Issued

·   Only 7 days Institutional Quarantine for Arrivals

·   Non Scheduled Aircraft bringing back Stranded Indians can take Passengers to Source Countries on Return Leg

MHA Press Release dated 24th May 2020

Revised Advisory on the Use of Hydroxychloroquine (HCQ) as Prophylaxis for COVID-19 Infection

ABS News Service/25.05.2020

Emission Norms for L7 (Quadricycle) Category for BS VI Notified

PIB Press Release dated 24th May 2020

Notification for extension of validity of fee payment and extension of time period for paying fees as mandated under rule 32 and 81 of Central Motor Vehicle Rules 1989

PIB Press Release dated 24th May 2020

OCI Ban on Entry Lifted, Allowed to Enter India from Family Reasons

·   MHA Relaxes Visa and Travel Restrictions Imposed in response to COVID -19, Permitting certain Categories of OCI Cardholders Stranded Abroad, to Come Back to India

MHA Press Release dated 22 May 2020

Food and Immunity: Correlation to Combat against COVID-19

PIB Press Release dated 23rd May 2020

EEPC Chairman Calls for Cost Subsidies to Face “Existential Crisis” for Exporters

ABS News Service/22.05.2020

Violations of MHA Guidelines being reported at various places across the country

·    States/UTs must strictly implement all measures to contain COVID19; Local authorities must take all necessary steps to enforce the guidelines: MHA

MHA Press Release dated 21st May 2020

Textiles Committee Sets up Accredited PPE Testing Facility in Mumbai

PIB Press Release dated 21st May 2020

IMD Forecasts Saved Many Lives, 7 lakhs in WB and Orissa Evacuated in Time

PIB Press Release dated 21st May 2020

Local to Global: Khadi Cotton and Silk with Double Twisted Yarn Masks to Hit Foreign Markets

PIB Press Release dated 21st May 2020

Linking Borrowings with Reforms will Help States

ABS News Service/22.05.2020

No Change in Safe Harbour Rules in Income Tax for Fixed Transfer Price for AY 2020-21

·    The Central Board of Direct Taxes (CBDT) Notified Changes in Safe Harbour Rules (SHR)

ABS News Service/22.05.2020

Government Caps Minimum and Maximum Domestic Air Fares till August 24

ABS News Service/22.05.2020

Economic Viability is Crucial for Higher Educational Institutions- Nitin Gadkari

·    Vehicle Scrappage Policy will give a Major Push to Automobile Manufacturing Industry in the Country- Gadkari

PIB Press Release dated 21st May 2020

America could Shirk Its Debts to China

ABS News Service/22.05.2020

WTO Establishes Nomination Window for DG Selection

·    One Month Window from 8 June Set for Nominations to WTO DG

·    Current DG Azevêdo to Step Down Aug End

ABS News Service/21.05.2020

Senate Passes Bill to Delist Chinese Companies like Alibaba and Baidu from Exchanges

ABS News Service/21.05.2020

Ministry of Steel Invites Comments from Stakeholders on the Draft Steel and Steel Products (Quality Control) Order 2020 for 30 Additional Steel Products

Ministry of Steel Order dated 14th May 2020

12 Standards Enforcement Delayed by Three Months from 23 April 2020

Ministry of Steel Order dated 22.04.2020

Stranded Persons Allowed Domestic Air Travel from 25 May 2020

·    Domestic air Travel of Passengers Removed from Prohibited List

·    MHA Amends Lockdown Guidelines to Facilitate Domestic Air Travel for Stranded Persons in India

MHA Press Release dated 20.05.2020

SOP for Domestic Air Travel Released

·    Only Web Checkin

·    No Covid +ve Cases

Ministry of Civil Aviation Order dated 21 may 2020

Lockdown Opened Up for Board Exams

ABS News Service/21.05.2020

New Scheme with 20K for Fisheries Development of Five Years

·    Cabinet Approves Pradhan Mantri Matsya Sampada Yojana for Boosting Fisheries Sector

·    Scheme Envisages an Investment of Over Rs.20 thousand crores in 5 years

ABS News Service/21.05.2020

WTO Report Looks at Standards and Regulations Notified by Members in COVID-19 Response

ABS News Service/21.05.2020

Electronic Components and Agri Raw Material Stable in Covid-19, Export Orders Index Falls to 83.3, Auto Production down to 79.7

·    WTO Goods Barometer Flashes Red as COVID-19 Disrupts World Trade

ABS News Service/21.05.2020

Business Leaders Stress Role of Trade and WTO in COVID-19 Response

ABS News Service/21.05.2020

Calls for Trade facilitation to Keep Global Supply Chains Moving

ABS News Service/21.05.2020

Chancellor Merkel, DG Azevêdo and other Agency Heads Discuss COVID-19 Pandemic

ABS News Service/21.05.2020

Gadkari for Further Doubling of MSME Recognition Criteria to 50 crs Invest and 200 crs Turnover

ABS News Service/20.05.2020

Recovery in Steel Demand to be Delayed on Lockdown Extension

ABS News Service/20.05.2020

Brazil Submits Application to Join Government Procurement Pact (GPA)

ABS News Service/20.05.2020

Standard Operating Protocol (SOP) on Movement of Stranded Workers by Trains

PIB Press Release dated 19.05.2020

Guidelines on preventive measures to contain spread of COVID-19 in workplace settings

MoH&FW Press Release dated 18.05.2020

Dispel Rumours, give Clarity on Train/Bus Departures: MHA to States

·    Proactive coordination among States and Railways essential to run more trains for smooth transport of Migrant Workers; District Authorities must give their requirements to Railways

·    Run more Buses, ensure their Smooth Transition across States and inter-State borders

·    Create en-route Rest Places with basic amenities for people on foot, till they are guided to bus/rail stations

PIB Press Release dated 19.05.2020

No 5.8% Rebound Next Year in 2021, Warns IMF Chief

ABS News Service/19.05.2020

More Local Powers for Border Infra

PIB Press Release dated 18.05.2020

Home Ministry Withdraws Order Making Wage Pay Mandatory during Lockdown

ABS News Service/19.05.2020

Lockdown Extended up to May 31, 2020 – Limited List of Prohibitions Released

·    States to decide Zones and Activities

·    Air, Metro Not Allowed

·    Silence on Buses, Road and Rail Transport

MHA Order dated 17th May 2020

Nirmala Releases Across Seven Sectors - Fifth Stimulus Package to Fight COVID-19 under Aatma Nirbhar Bharat Abhiyaan

Key Highlights

·    Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boost

·    Increased investments in Public Health and other health reforms to prepare India for future pandemics

·    Technology Driven Education with Equity post-COVID

·    Further enhancement of Ease of Doing Business through IBC related measures

·    Decriminalisation of Companies Act defaults

·    Ease of Doing Business for Corporates

·    Public Sector Enterprise Policy for a New, Self-reliant India

·    Increase borrowing limits of States from 3% to 5% for 2020-21 only & promoting State level reforms

ABS News Service/18.05.2020

Lockdown4.0 - States/UTs cannot dilute restrictions imposed in MHA guidelines, can only make them stricter based on local level assessment and Health Ministry Guidelines: MHA

PIB Press Release dated 18.05.2020

National Migrant Information System (NMIS) - a Central Online Repository on Migrant Workers - Developed by NDMA to Facilitate their Seamless Movement Across States

·    MHA writes to States to use NMIS for capturing the information on movement of migrants and for better inter-State co-ordination

PIB Press Release dated 17.05.2020

Power to Extend Lockdown

NDMA Order dated 17.05.2020

Physical Distancing and Behavior Etiquettes are Potent ‘Social Vaccines’ for Battling COVID-19

ABS News Service/18.05.2020

Relief Package Announced by Union Government for Different Sectors and New MSME Definition will give Huge Boost to Industry, says Gadkari

·    Nitin Gadkari Calls for Exploring Rating and Effective Implementation of Fund of Funds Announced for MSMEs

PIB Press Release dated 17.05.2020

Stimulus Package Announced by the FM Encouraging in Medium Term; however boost to demand, supply chain and bailout of overall trade and industry is the immediate need of the hour, says FIEO President

ABS News Service/18.05.2020

Covid-19 Cases Cross 90,000 in India

·    Highest Deaths also recorded in the Last 24 hours

ABS News Service/18.05.2020

India Opposes Rejoining RCEP over China Concerns

·    Narendra Modi had announced India’s decision to quit the grouping, which includes the 10 ASEAN nations

ABS News Service/18.05.2020

Finance Minister Announces New Horizons of Growth; Structural Reforms Across Eight Sectors Paving Way for Aatma Nirbhar Bharat

Key Highlights

·      Commercial Mining introduced in Coal Sector

·      Diversified Opportunities in Coal Sector

·      Liberalised Regime in Coal Sector

·      Enhancing Private Investments and Policy Reforms in  Mineral Sector

·      Enhancing Self Reliance in Defence Production

·      Policy Reforms in Defence Production

·      Efficient Airspace Management for Civil Aviation

·      More World-Class Airports through PPP

·      India to become a global hub for Aircraft Maintenance, Repair and Overhaul (MRO)

·      Tariff Policy Reform in Power Sector; Privatization of Distribution in UTs

·      Boosting private sector investment through revamped Viability Gap Funding Scheme in Social Sector

·      Boosting private participation in space activities

·      Reforms in Atomic Energy Sector

ABS News Service/17.05.2020

FM of 4th Tranche Presentation

Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19

PIB Press Release dated 16.05.2020

FM 5th Tranche for Government Reforms and Enablers

Presentation of details of 5th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19

PIB Press Release dated 17.05.2020

Atma Nirbhar Bharat Scheme to provide Free Food Grains to Migrant Labour Kicks Off

PIB Press Release dated 16.05.2020

FM 3rd Tranche for Agri and Food Sector

·    FM 3rd Tranche of Measures to Strengthen Infrastructure Logistics, Capacity Building, Governance and Administrative Reforms for Agriculture, Fisheries and Food Processing Sectors

PIB Press Release dated 15.05.2020

FM 3rd Tranche Presentation

·    Presentation of details of 3rd Tranche by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19

PIB Press Release dated 15.05.2020

Third Tranche of ‘Aatmanirbhar Bharat Abhiyan’: Agriculture Sector Gets ₹1.5-lakh-cr Booster

·    FM Proposes to Remove 6 Farm Produce from Essential Commodities Act

ABS News Service/16.05.2020

Modi Government's faith – India’s welfare only through Farmers’ Welfare; when Farmers are Empowered, Country would become Self-reliant: Mr. Amit Shah

·    Prime Minister Modi's sensitivity towards Farmers, even in adverse circumstances, is exemplary for the whole world: Home Minister

·    Modi government’s Aatmanirbhar Bharat Mission to result in unprecedented development, increase in income and employment: Mr. Amit Shah

PIB Press Release dated 15.05.2020

Mansukh Mandaviya Welcomes the Slew of Measures Announced under Aatmanirbhar Bharat Abhiyaan to Support Indian Economy in Fight against COVID-19

PIB Press Release dated 15.05.2020

HS says, Don’t send Migrant Workers on walk back home, and perform the journey only in buses & ‘Shramik’ Special Trains being run by the Government

Home Secretary Letter dated 15.05.2020

Delay in PF Condoned

Home Secretary Letter dated 15.05.2020

India Potash to Cut the Price of Muriate of Potash from Rs 19000 per MT to Rs.17500 per MT

ABS News Service/16.05.2020

38 New Mandis Integrated with eNAM

·    The pan-India electronic agri-produce trading portal reaches milestone of 1000 mandis across 18 States & 3 UTs

ABS News Service/16.05.2020

Permission for Bringing Workers to Factories in UP

UP Circular dated 13.05.2020

Payments to MSME by Public Sector

Central Public Sector Enterprises (32 Maharatnas and Navratnas) Due Payments to MSMEs

ABS News Service/16.05.2020

Exports Plummet by 60.3% in April, Imports by 58.7%

·    Food, Iron Ore and Pharma Hold Out

·    Services Steady

·    Crude Crashes along with Gold

·    FIEO Expects World Climate to Improve only in July as Measures in Developed Countries Show Results

MoC&I Press Release dated 15.05.2020

EEPC India Chairman Mr Ravi Sehgal says Sharp Drop in April Exports No Surprise

ABS News Service/16.05.2020

Face Masks Exports Seized in IGI Airport Customs Seizes Illegal Shipments of Medical Gear

ABS News Service/16.05.2020

DG Azevêdo Hails G20 Pledges on Trade Cooperation in COVID-19 Response

·    (DG has resigned from WTO w.e.f Aug 2020 to leave the Space Open for Reform as Demanded by US and its Allies)

ABS News Service/16.05.2020

$1 Billion from World Bank to Protect India’s Poorest from COVID-19

PIB Press Release/15.05.2020

Project Signing: World Bank Project Agreement Signed to Reduce Flooding and Improve Irrigation in West Bengal

PIB Press Release/15.05.2020

Finance Minister Measures for Supporting the Poor, including Migrants, Farmers, Tiny Businesses and Street Vendors – 14 May 2020

·    Free food grains supply to Migrants for 2 months.

·    Technology system to be used enabling Migrants to access PDS (Ration) from any Fair Price Shops in India by March, 2021-One Nation one Ration Card

·    Scheme for Affordable Rental Housing Complexes for Migrant Workers and Urban Poor to be launched

·    2% Interest Subvention for 12 months for Shishu MUDRA loanees- Relief of Rs. 1500 crore

·    Rs 5000 crore Credit facility for Street Vendors.

·    Rs70,000 crore boost to housing sector and middle income group through extension of Credit Linked Subsidy Scheme for MIG under PMAY(Urban)

·    Rs 6,000 crore for Creating employment using CAMPA funds

·    Rs 30,000 crore Additional Emergency Working Capital for farmers through NABARD

·    Rs 2 lakh crore concessional credit boost to 2.5 crore farmers under Kisan Credit Card Scheme

ABS News Service/15.05.2020

In Second Tranche, FM Announces Nine Measures

ABS News Service/15.05.2020

India calls upon the G-20 nations to ensure access to essential medicines, treatments and vaccines at affordable prices;

·    Piyush Goyal, in G-20 Trade Ministers meeting, says staying true to our tradition of “Vasudhaiv Kutumbakam, India has unconditionally provided medical supplies to over 120 countries to combat this disease

·    India will emerge stronger after the implementation of the special economic package announced by the Prime Minister, says the minister

·    World has to come together to build partnerships among like-minded nations with shared values of democracy, rules-based and transparent business models and concern for humanity as a whole

MoC Press Release/14.05.2020

MHA Issues Standard Operating Protocol (SOP) for Movement of Passengers by Train

MHA Letter dated 14.05.2020

Karnataka Govt Reiterates Asymptomatic Travellers should not be subjected to any kind of Quarantine

Health and Family Welfare Service Order dated 14.05.2020

Odisha Govt Order for Standard Operating Protocol (SOP) for Passengers Travelling by Special Trains

Govt of Odisha Order dated 13.05.2020

Private Clinical Establishments should Provide Dedicated/Separate Fever Clinics following the Government of India and Govt of Tamil Nadu Guidelines

Health and Family Welfare Department, Tamil Nadu dated 09.05.2020

Prime Minister’s interaction with Mr. Bill Gates

ABS News Service/15.05.2020

Finance Minister Presentation of details of Tranche 2 under Aatmanirbhar Bharat Abhiyaan to Support Indian Economy in Fight against COVID-19

Govt of India/ 14.05.2020

Finance Minister Package for MSME

·     Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs

·     Rs 20,000 crore Subordinate Debt for Stressed MSMEs

·     Rs 50,000 crore equity infusion through MSME Fund of Funds

·     New Definition of MSME and other Measures for MSME

·     No Global tenders for Government tenders of uptoRs 200 crore

·     Extending the Employees Provident Fund Support for business and organised workers for another 3 months for salary months of June, July and August 2020

·     EPF Contribution to be reduced for Employers and Employees for 3 months to 10% from 12% for all establishments covered by EPFO for next 3 months

·     Rs. 30,000 crore Special Liquidity Scheme for NBFC/HFC/MFIs

·     Rs. 45,000 crore Partial credit guarantee Scheme 2.0 for Liabilities of NBFCs/MFIs

·     Rs 90,000 crore Liquidity Injection for DISCOMs

·     Relief to Contractors given by extension of up to six months for completion of contractual obligations, including in respect of EPC and concession agreements

·     Relief to Real Estate Projects the registration and completion date for all registered projects will be extended up to six months.

·     Tax relief to business as pending income tax refunds to charitable trusts and non-corporate businesses and professions to be issued immediately

·     Reduction in Rates of ‘Tax Deduction at Source’ and ‘Tax Collected at Source” by 25% for the remaining period of FY 20-21

·     Due Dates for various tax related compliances extended

ABS News Service/14.05.2020

FM Presentation under Aatmanirbhar Bharat Abhiyaan to Support Indian Economy in Fight against COVID-19

FinMin/13.05.2020

EPF Support to Continue for 3 more Months, Norms for Contribution Relaxed

ABS News Service/14.05.2020

Equalisation Levy on e-commerce Companies may be Deferred to Second Half of FY 2020-21

ABS News Service/14.05.2020

EEPC Welcome E-Market Linkage

ABS News Service/14.05.2020

Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)

PIB Press Release dated 13.05.2020

Security Repayment of 8.27% of 2020 Security - Issue of Press Communiqué

ABS News Service/14.05.2020

Guidelines for RT-PCR based Pooled Sampling for Migrant Returnees

ABS News Service/14.05.2020

Work From Home Frame

Ministry of Personnel Public Grievances and Pensions Office Memorandum dated 13.05.2020

States Fare at ₹97,100-crore Revenue Hit in April: Ind-Ra

ABS News Service/14.05.2020

PM Gives Atmanirbhar Bharat (Self Reliant) India

·     Comprehensive Package of Rs 20 lakh crore to be Announced

·     PM Gives a Call for Self-Reliant India; Lays Down Five Pillars of Atmanirbhar Bharat

·     It is time to become Vocal for our Local Products and make them Global: PM

PIB Press Release dated 12th May 2020

 

Prime Minister Narendra Modi’s Address to the Nation on 12.5.2020

PIB Press Release dated 12th May 2020

 

FIEO says Integration with Global Value Chain a Must for Exports

ABS News Service/13.05.2020

 

Gujarat Brings in Ordinance to Check APMCs, Opens Doors to Private Players

·     Cess only for Transactions in their Own Yards, Private Sector too can Set Up Yards

ABS News Service/13.05.2020

 

Materials and Digital Tech in Post Covid Focus

·     Experts at Digital conference on rebooting the economy through S&T

PIB Press Release dated 12th May 2020

 

Karnataka Woos Japan, Korea and the West for Investment

Government Order No. CI 120 SPI 2020 dated 11.05.2020

 

MHA Issues Standard Operating Protocol (SOP) to Facilitate Movement of Persons by Train

MHA Order dated 11th May 2020

 

MHA and Railways conduct Video Conference with State Nodal Officers to review operation of ‘Shramik Special’ Trains, to facilitate faster movement of stranded Workers to their Native places

ABS News Service/12.05.2020

 

NDMA (MHA) Issues Guideline on Restarting Manufacturing Industries after the Lockdown Period

·     Field Functionaries to Ensure Strict Compliance of Guidelines

MHA Press Release dated 10th May 2020

 

Prime Minister Interacts with the Chief Ministers of All the States and UTs

·     5th such Meeting with the Chief Ministers since 20th of March 2020

·     The Effort now should be to Stop the Spread of COVID19 in Rural Areas: PM Narendra Modi

·     India must Leverage the Opportunities that Arise in the Post COVID Era: PM

·     We Must all Plan for the New World Reality: PM

ABS News Service/12.05.2020

 

Rights Issue to Continue without Issues of Notices

·     Clarification on Dispatch of Notice under section 62(2) of Companies Act, 2013 by Listed Companies for Rights Issue Opening upto 31st July, 2020

Ministry of Corporate Affairs Circular No 21 dated 11.05.2020

 

Kerala Orders Total Lockdown on Sundays

·     COVID-19 - Regulations to contain the COVID-19 pandemic - total lock-down on Sundays - Orders issued. - G.O.(Ms) No. 94-GAD – Kerala

Kerala Govt order dated 09.05.2020

 

Ministry of MSME Launches CHAMPIONS Portal to Help “Small Industries Becoming Big”

·     A Technology driven Control Room-Cum-Management Information System

·     Based on modern ICT tools the network of control rooms is created in a Hub & Spoke Model

·     Aimed at assisting Indian MSMEs march into big league as National and Global CHAMPIONS

ABS News Service/12.05.2020

 

India Must Stop Buying and Depending on Foreign-Made Weapons says India Defense Chief

ABS News Service/12.05.2020

 

Ration Card Seeding with Aadhar Extended to 30 Sept 2020

ABS News Service/12.05.2020

 

Economic Activities to Gather Steam in Coming Days’

ABS News Service/12.05.2020

 

Senior IAS Officer Manivannan Shunted Out without New Posting for Taking Stiff View on Workers’ Wages during Lockdown Period

ABS News Service/12.05.2020

 

MHA Issues New Guidelines for Reopening Manufacturing Units, Insists on Safety

MHA Press Release dated 10th May 2020

 

Cabinet Secretary Chairs a Meeting with Chief Secretaries and Health Secretaries of all States and UTs to Review their Status of COVID-19 Management

PIB Press Release dated 10th May 2020

 

Movement of Migrant Workers in Buses and ‘Shramik’ Special Trains

PIB Press Release dated 11th May 2020

 

Movement of Medical Professionals and Para-Medical Staff

PIB Press Release dated 11th May 2020

 

Delhi Govt Order to District Magistrates for Enforcement of COVID-19 Lockdown Relaxations

Disaster Management Order dated 8th May 2020

 

Epass Facility

ABS News Service/11.05.2020

 

Gradual Resumption of Select Passenger Services by Indian Railways

PIB Press Release dated 10th May 2020

 

Central Helpline Number for Corona-Virus

ABS News Service/11.05.2020

 

Adequate Health Infrastructure and Health Facilities Set Up for COVID-19 Management

PIB Press Release dated 10th May 2020

 

Law Minister Holds Review Meeting with Attorney General, Solicitor General and all the Law Officers of Govt. of India

PIB Press Release dated 10th May 2020

 

DBT-BIRAC COVID-19 Research Consortium Recommends 70 Proposals for funding in Vaccines, Diagnostics, Therapeutics and other Technologies

PIB Press Release dated 10th May 2020

 

Chidambaram Welcomes Centre's Decision to Borrow Additional 4.2 lakh cr

ABS News Service/11.05.2020

 

India, Pakistan Grappling with Archaic Epidemic Law

Still to update 1897 British law, India, Pakistan see COVID-19 as Disaster to Enable Strict Government Response

ABS News Service/11.05.2020

 

Of Disasters and Epidemics- The Constitution (44th Amendment) Act, a Probe into the Wisdom of our Choices

ABS News Service/11.05.2020

 

The Epidemic Diseases Act- The Stench of Colonial Legislation?

ABS News Service/11.05.2020

 

Manufacturing Permitted, Workers Not Ready to Touch Imports from China

ABS News Service/11.05.2020

 

Revised Discharge Policy for COVID-19

ABS News Service/11.05.2020

 

Odisha Govt Order on Distancing for Migrant Workers

Govt of Odisha Order dated 8th May 2020

 

Commerce Ministry Working on Package to Bail Out Exporters

·     PMO asks Ministries to Suggest Measures to Support Respective Sectors

ABS News Service/09.05.2020

 

Basmati Rice Exporter Defaults on Rs 411 crore Loan, Flees Country

·     SBI Seeks CBI Help

ABS News Service/09.05.2020

 

Centre to borrow ₹4.20-lakh crore more; Fiscal Deficit may Widen to 5.4%

ABS News Service/09.05.2020

 

Interpreting Interpretation: Textual, Contextual, and Pragmatic Interpretative Methods of International Trade Law

Connecticut Journal of International Law, Vol. 35, No. 2, 2020 dated 04.05.2020

 

Supreme Court Issues Notice in Plea Seeking Exemption from Paying Wages to Workers who Voluntarily Stopped Reporting to Work

·     Matter Listed for Hearing on 15 May 2020

ABS News Service/09.05.2020

 

Trump to Push out China Supplies from US, The Elephant of India may Replace the Chinese Dragon

ABS News Service/09.05.2020

 

Unions Up in Arms as State Govts Dilute Labour Laws Via Ordinances

ABS News Service/09.05.2020

 

Labour Secretary says No Cuts in Wages regardless of whether He or She on Duty or Not

Ministry of Labour & Employment Letter dated 20.03.2020

 

IT and ITES Activity Allowed Outside SEZs Too, Only Containment Zone Excluded

UP Chief Secretary Letter dated 07.05.2020

 

Bangladesh, Nepal, Bhutan and Myanmar among we on Verge of Losing LDC Status at WTO

·     Textiles, Footwear and Fish Exports may be Affected

ABS News Service/09.05.2020

 

UP High Court on Guidelines in Courts

Allahabad High Court

 

No Insults to Public Allowed in Lockdown Period

Bombay High Court, Nagpur Bench Order dated 08.05.2020

 

Ban on Liquor in Tamil Nadu

Madras High Court Order dated 08.05.2020

 

Amit Shah Concerned Over Covid Spread in Central Armed Police

PIB Press Release dated 08.05.2020

 

PM Reviews Vishakhapatnam Gas Leak Incident

PIB Press Release dated 07.05.2020

 

No Limitation Period Accounting during Lockdown Period Beginning 15 March

·     Both the Litigants and Lawyers to get Relief from this Move

ABS News Service/08.05.2020

 

Covid-19 Tally Crosses 50,000

·     3,561 New Cases and 89 New Deaths Reported Over Past 24 hours

ABS News Service/08.05.2020

 

Train Runs Over Migrant Workers in Aurangabad District, at least 14 killed

ABS News Service/08.05.2020

 

Levy of IGST on Ocean Freight under RCM is Unconstitutional

ABS News Service/07.05.2020

 

Adani Ports ups Vessel Charges at Mundra from 16 May, Demand for Cargo Falls 20%

ABS News Service/07.05.2020

 

Lockdown Impact - Services PMI in April Crashes to 5.4 from 49.3 in March

ABS News Service/07.05.2020

 

Intellectual Property Rights and Innovation in the Times of Corona Epidemic

ABS News Service/07.05.2020

 

Pakistan’s Exports Plunge in April at $957mn are Down 55% Over March

ABS News Service/07.05.2020

 

Notice Period for Draft Environment Impact Assessment Notification(EIA), 2020 Extended till 30th June

Ministry of Environment, Forest and Climate Change Press Release/07.05.2020

 

MHA Issues SOPs for Movement for those Stranded outside the Country and India

·    Only Indian Nationals Covered

·    Persons Specified for Travel from Country include Visa Holders

MHA Press Release/05.05.2020

 

International Air Travel Advisory by Indian Govt following COVID-19

·    All existing Visas granted to Foreigners, except certain categories, to remain suspended till the Prohibition on International Air Travel of passengers from/to India is lifted

PIB Press Release/05.05.2020

 

Foreigners Visa to be Extended for Free

PIB Press Release/05.05.2020

 

Multiple Entry Visa for OCI Cardholders, to Remain in Abeyance till Prohibition on Passengers is Lifted

PIB Press Release/05.05.2020

 

GoM Reviews Current Status, Preparedness and actions for Management of COVID-19

·    Dr. Harsh Vardhan Emphasizes that Use of Technology is Integral for the Containment Strategy forCOVID-19

MoH&FW Press Release/ 05.05.2020

 

GST Assessees can Claim Transitional Credit Till June 30

DHC Ruling will not only Benefit Petitioner but All Affected Assessees

ABS News Service/06.05.2020

 

A Series of Medium-Sized Packages, Calibrated Approach Needed to Revive the Economy, says Sanjeev Sanyal

·    State Govts should Play Critical Role in Global Supply Chain, he says

ABS News Service/06.05.2020

 

PM Chairs a Meeting of the Task Force on Corona Vaccine Development, Drug Discovery, Diagnosis and Testing

PIB Press Release dated 05 May 2020

 

Delhi Hikes Petrol by Rs 1.67 per litre, Diesel Rs 7.10 More

Finance (Revenue-I) Department Notification dated 04.05.2020

 

Corona Fee on Liquor for Consumption “off” the Premises of Licensee

Finance (Revenue-I) Department Notification dated 04.05.2020

 

Excise Duty on Petrol Hiked by Rs 10, Diesel by Rs 13 Per Litre

ABS News Service/06.05.2020

 

WTO Report Looks at Role of E-commerce during the COVID-19 Pandemic

ABS News Service/05.05.2020

 

Top 40 Indian, Global Economists, Academics, Biz Leaders Piece Together Covid-19 Assessment

ABS News Service/05.05.2020

 

Corporate Affairs Ministry Sets up 7-Member Amarjit Chopra Panel to Control Big 4

ABS News Service/05.05.2020

 

Prime Minister Participates at the Online Summit of NAM Contact Group

PIB Press Release/04.05.2020

 

MHA Writes to States to Facilitate Movement of Stranded Migrants, Residents from Other States Not Covered

Home Secretary Letter dated 03.05.2020

 

MHA Control Room to be Utilised for Resolving Complaints of Drivers and Transporters on Passage of Goods Carriers including Empty Trucks

·     MoRTH Officials being Deputed to the MHA Control Room

·     MHA Helpline Number 1930 and NHAI Helpline number 1033 may be Used to Seek Assistance

MHA PIB Press Release/03.05.2020

 

Central Teams being Deployed to Districts with Highest Number of COVID-19 Cases

PIB Press Release/03.05.2020

 

Recycling Industry says Scrap Cargo Stuck at Ports, Charges not Waived; 6,000 Units Face Closure

ABS News Service/04.05.2020

 

MEIS and SEIS Incentives for Exports from Special Economic Zones/EOUs – No Relief as of Now

Min of Commerce Circular/29.04.2020

 

Lockdown Extended for Two More Weeks with some Relaxations

·     Zone wise Activities – Red Zone Reduced to Containment Zone

MHA Press Released/01.05.2020

 

Highlights of Red, Orange and Green Zones Restrictions and Liberalisation

Press Release/01.05.2020

 

Opened, but not Unshackled, Decoding the Lockdown Guidelines

ABS News Service/02.05.2020

 

West Bengal Govt Writes to Centre Over 'Erroneous' Assessment of Red Zones in State

ABS News Service/02.05.2020

 

Passenger Train Services Cancellation Extended till 17 May 2020

PIB Press Release/02.05.2020

 

Indian Missions should Identify Business and Export Opportunities Abroad

·     Piyush Goyal Calls upon the Indian Missions Abroad to Play an Important Role in Making India a Preferred Destination

·     Recovery path for India in the post-Covid era will be through Trade and Investment, says External Affairs Minister

MoC Press Release/01.05.2020

 

Commerce Minister Welcomes to Foreign Missions to Promote Business with India

MoC Press Release/01.05.2020

 

China’s New Export Orders Index at 33.5 – Container Shipping Demand in Free Fall

ABS News Service/02.05.2020

 

Bombardier Lowest Bidder for Delhi-Meerut RRTS’ 210 Coach Contract

·     Local Companies Far behind the MNCs, Plead for “Make in India”

ABS News Service/02.05.2020

 

MHA DO Letter to Chief Secretaries and Administrators to Allow Unhindered Movement of Trucks Carrying Goods

MHA Press Release/30.04.2020

 

Health Secy Issues Revised Guidelines on Red/Orange/Green Zones, No Case Permit Reduced to 21 from 28 Days

MoHFW Circular dated 30th April 2020

 

Special Trains to be Operated for Movement of Stranded Persons Across the Country, due to Lockdown Restrictions to fight COVID-19

MHA Order Dated 1st May 2020

 

PM Modi Holds a Meeting to Discuss Ways to Boost Defence and Aerospace Sector

ABS News Service/01.05.2020

 

Scrap Order on Waiver of Detention charges: Container Carriers Tells Government

ABS News Service/01.05.2020

 

G20 Digital Ministers Summit Calls for Coordinated Global Digital Response to Fight the Pandemic

PIB Press Release dated 30th April 2020

 

MHA Holds a Comprehensive Review Meeting on the Lockdown Situation in Wake of Spread of COVID-19

·   New Guidelines will come into effect from 4 May

ABS News Service/30.04.2020

 

Home Secretary Allows Movement of Persons across State Borders through Respective State Governments

MHA Press Release dated 29.04.2020

 

Commerce Minister Sees New Export Opportunities after COVID-19

ABS News Service/30.04.2020

 

Electronics Minister Meets Industry, Offers Little

·   Ravi Shankar Prasad Exhorts the Electronics Industry to Explore the New Opportunities Arising Out of the Adversity

·   Aarogya Setu App Reaches around 8 crore Mobile Phones in the Country

·   Industry Representatives Presented “Restart, Restore and Resurgence” Model to Capture the Global Opportunity in Electronics System Design and Manufacturing (ESDM) Sector

PIB Press Release/29.04.2020

 

Agri Minister Lists Nine Exemptions to Calm in Lockdown

PIB Press Release/29.04.2020

 

Finance Minister Rebuts Rahul Gandhi says 18,000 crs plus Assets of Nirav Modi-Mehul Choksi-Vijay Mallya Attached

ABS News Service/30.04.2020

 

National Infrastructure Pipeline Report Sees Rs 111 lakh crore Investment in Infrastructure in Next Five Years

ABS News Service/30.04.2020

 

Mamata Opens Up Home Delivery of Non-essential Goods in Bengal

ABS News Service/29.04.2020

 

Ravi Shankar Prasad Appreciated the Efforts of All States and UT in the Fight against Covid19

·   Minister Expressed his Vision to Realize 1 lakh digital villages that are self-sufficient with amenities such as digital education, digital health, digital payment etc

·   Minister made an appeal to all States to work unitedly, digitally and physically to pool together national and state level resources to fight against COVID-19 and assured all the help from Central Government in this effort

PIB Press Release dated 28th April 2020

 

WFH for IT Sector Extended till July 31

Union Minister IT Minister to Interact with Heads of IT Firms to Understand Problems

ABS News Service/29.04.2020

 

GoM Reviews Current Status, and Actions for Management of COVID-19

·   Dr. Harsh Vardhan Commends the Collective Efforts of All Stakeholders in Combating COVID-19

PIB Press Release dated 25th April 2020

 

Guidelines for Home Isolation of Mild Symptomatic COVID-19 Cases

Ministry of Health & Family Welfare

 

RBI wrote off over Rs 68 thousand crore loans, Choksi among 50 top wilful defaulters: RTI

ABS News Service/28.04.2020

 

Guidelines under FEMA for FDI in Insurance Sector

S.O. 1374(E) dated 27.04.2020

 

Lockdown period Excluded in Insolvency Proceedings with effect from 17 April, 2020

No. IBBI/2020-21/GN/REG060 dated 20.04.2020

 

IFSC Gandhinagar Gujarat Notified under the IFSC Authority Act, 2019 – An Important Section coming into force on 27 April 2020

·   International Financial Services Centre Authority carrying the powers of RBI, SEBI and IRDAI for IFSC at GIFT City would have it’s head office at Gandhinagar, Gujarat.

·   GoI notifies April 27, 2020 as date for the establishment of IFSC Authority, Head Office and few sections of the IFSC Authority Act.

·   Gujarat to house first central regulatory authority … big boost for GIFT City to emerge as Global Financial Hub.

S.O. 1383(E) dated 27.04.2020

 

IT Officers Pitch for 40% Tax on Super Rich, New Covid Cess

ABS News Service/28.04.2020

 

Pay Demurrage under Protest, says Material Recycling Association

Ports Violate Govt Orders Charge Demurrage in Lockdown

ABS News Service/28.04.2020

 

WTO Issues New Report on Treatment of Medical Products in Regional Trade Agreements

ABS News Service/28.04.2020

 

India must Aim at Medical Devices Import Substitution; Import Dependence @ 70-90 % - EEPC India - Deloitte Report

ABS News Service/28.04.2020

 

E-commerce Allowed only to Essential Goods like Foodstuff only, Neighbourhood Shops Registered under Shops and Establishment Act (10 or more persons) can Open, No Shops to Open in Containment Zones

·   Liquor Shops will Remain Closed

·   Markets Like Connaught Place or Karol Bagh to Remain Closed

MHA Press Release dated 25.04.2020

 

MHA Allows Neighbourhood Shops to Open but States yet to Comply, Shops in Rural Areas Also to Open but many Restrictions Still Operate (Sl No. 13 in Original order Missing!)

MHA Press Release dated 25.04.2020

 

Maritime Logistics Players Openly Defy Shipping Ministry Order on Waiving Charges

ABS News Service/25.04.2020

 

Post Lockdown: Big Units Get Ready, MSMEs see Roadblocks to Restart

ABS News Service/25.04.2020

 

RBI Moratorium: At least 328 Firms, including JSW Steel, Air India Express, seek COVID-19 Relief Package

ABS News Service/25.04.2020

 

Centre Suspends DA Hikes till July 2021 with No Arrears after Announcing it in March

ABS News Service/25.04.2020

 

Recovery of Interest for Late GST Payment Needs to be Adjudicated in Case of Dispute, says HC

ABS News Service/24.04.2020

 

Home Secy Clarifies that No Arrests or Factory Sealing of Owners if Worker Found Corona Positive

·   MHA Clarifies Misplaced Apprehensions of Industry Associations regarding Legal Liability on Company CEOs, if Employees Found COVID-19 Positive

·   No Separate/Fresh Permissions required from Authorities for Industries already permitted to operate prior to 15.04.2020, in areas falling outside Containment Zones

MHA Press Release dated 23.04.2020

 

Global Container Shipments Set to Fall 30% in Next Few Months

ABS News Service/24.04.2020

 

As Government Wields Stick, EXIM Logistics Players Fall in Line

·   The Director General of Shipping made it more ‘binding’ on carriers not to levy container detention charges on export-import shipments till May 3

ABS News Service/24.04.2020

 

145 Indian Crew Disembark at Mumbai Port from German Cruise Ship following MHA’s SOP of Sign-on/ Sign-off

Ministry of Shipping Press Release dated 23.04.2020

 

WTO Report Finds Growing Number of Export Restrictions in Response to COVID-19 Crisis

ABS News Service/24.04.2020

 

Promulgation of an Ordinance to Amend the Epidemic Diseases Act, 1897 in the Light of the Pandemic Situation of COVID-19

PIB Press Release/22.04.2020

 

Ordinance Issued to Amend Epidemic Diseases Act  to Punish those Committing “Acts of Violence” to Covid-19 related Health Care Personnel Doctors and below to Asha Health Worker and Property

·   Offences Cognizable and Non-bailable

·   Minimum Three  Months Imprisonment and Rs. 50,000 Fine Stipulated

·   Investigation to be Completed within One month of FIR

·   Day to Day Hearing and Trial to be Completed within One year

·   Compounding of Offences Allowed but with the Permission of the Victim Doctors

·   Presumption of Offences in Grievous Hurt Caused to Doctor Cases

·   “Culpable Mental State” Presumed for Offences, Accused to Prove the Contrary

·   Offender Liable to Pay Compensation of Twice the Value of Damaged Property

·   Inspection of Transport Vehicles in Epidemic period given Legal Status

Ministry of Law and Justice (Legislative Department) Ordinance No.5 OF 2020 dated 22nd April, 2020

 

Principal Employer of Outsourced Work Liable to Pay the Outsourcing Agencies for Payment of Workers Wages, says Chief Labour Commissioner

Min of Labour & Employment Circular/22.04.2020

 

UP to Bill Commercial Consumers on the basis of Actual Consumption, Fixed Charges Recovery to be Postponed

UPPCL Notice

 

NDMA Issues Guidelines for Heat Wave Expected in 2020

MHA D.O. No. 1-38/2016-PP dated 20.04.2020

 

Pulses and Oil seeds Procurement on Target

PIB Press Release dated 22.04.2020

 

Senior Citizens Caregivers, Prepaid Mobile Recharge, Food Processing Units Subject to Social Distancing Exempted from Lockdown

MHA Press Release dated 21st April 2020

 

Government Exempts Additional Agricultural and Forestry items

·   Shops of Educational Books for Students and Shops of Electric Fans Exempted from Lockdown Restrictions to Fight COVID19

·   MHA Issues SOPs on Sign-on/Sign-off for Indian Seafarers at Indian Ports and their Movement

MHA Press Release dated 21st April 2020

 

Home Secy Threatens West Bengal

Home Secretary Letter dated 21.04.2020

 

Home Secretary Calls for Tough Action for Security of Doctors and other Health Care Professionals, Cabinet Approves Ordnance to Amend Epidemic Diseases Act, 1897

·   DO Lr. Dt. 22.4.2020 to Chief Secretaries Administrators DGPs reg. security to healthcare professionals

Home Secretary Letter dated 22.4.2020

 

Three Month Waiver of Shipping Demurrage and Deferment and Step Down of Payment for Services to August 2020

·   Action on Airport Front Awaited

Min of Shipping Notification dated 21.04.2020

 

G20 Farm Ministers’ Met Global Food Security

ABS News Service/22.04.2020

 

Congress Calls for Revival of Budget Review through Parliament Committee to take Another Look at Economy in the light of COVID-19 Developments

ABS News Service/21.04.2020

 

CBDT Defends Action to Adjust Disputed Demands with Refund Claims

PIB Press Release/21.04.2020

 

WHO and WTO Call for Open Trade on Medical Supplies to Combat COVID-19

ABS News Service/21.04.2020

 

Now Resident Workers of Bengal to get One Thousand Rupees from Government on Mobile App

Department of Disaster Management and Civil Defence Notification dated 20.04.2020

 

Commerce Ministry Considering Licensing Barriers on Key Consumer Goods like Mobile Phones, Televisions, Food Articles and Textiles to check Imports from China and Vietnam

ABS News Service/20.04.2020

 

e-Commerce Companies to Continue to Operate for Essential Goods as has been Allowed Earlier

·      States Must Ensure Smooth Movement of the Entire Supply Chain of Essential Goods, including by e-Commerce

MHA Press Release dated 19th April 2020

 

No Relaxation in Lockdown in Delhi, says Kejriwal

ABS News Service/20.04.2020

 

Central Government Constitutes 6 Inter-Ministerial Teams to make Assessment of Situation and Augment State Efforts to Fight and Contain Spread of COVID-19 Effectively

PIB Press Release dated 20.04.2020

 

Chidambaram on How to Deal with Corona

ABS News Service/20.04.2020

 

UP may not Allow Industrial Activity in Noida, Greater Noida and Yamuna till 03 May

ABS News Service/20.04.2020

 

Fish Gills Used to Develop Efficient Low-Cost Electro-Catalysts for Rechargeable Metal-Air Battery

PIB Press Release dated 20.04.2020

 

I-T Return Forms to be Modified – Returns only after 31 May as New Software will be Issued

ABS News Service/20.04.2020

 

All Fresh FDI from China under Approval Route Now

DPIIT issued Press Note 3 (2020 series) on 17 April 2020

 

MRAI says Ports not Honouring Demurrage Waiver Circulars!

ABS News Service/18.04.2020

 

WTO Members Discuss Use of Virtual Platforms during COVID-19 Lockdown

ABS News Service/18.04.2020

 

RBI Equates High Quality Liquid Assets with SLR to Negate Basel and Help Banks

DOR.BP.BC.No.65/21.04.098/ 2019-20 dated 17 April 2020

 

RBI Allows Accounting Fiction on NPA Classification to Help Banks during COVID-19 Period – A Case of Ostrich Shutting Eyes?

·   No Dividend from Past Reserves

·   Reverse Repo Cut by 0.23 percent to Push Lending to Consumers

·   Governor Maintains Silence on Export and Import Crisis

Governor’s Statement, April 17, 2020

 

More Additions for Small and Medium Sectors in Exemption List for Lockdown

MHA Press Release dated 17th April 2020

 

International Travel Advisory by Indian Government Following COVID-19

ABS News Service/17.04.2020

 

Green Peas Import Quota of 75k MT Released but Port Restriction of Kolkata, MIP of Rs. 200 per kg Remains

MoC&I Notification S.O. 1260(E) dated 16th April 2020

 

EEPC Not Happy with RBI Measures, Asks for Special Package to Face Covid Recovered China which will Flood the Market

ABS News Service/17.04.2020

 

Agri Minister Launches All India Agri Transport Call Centre Numbers 18001804200 and 14488 to facilitate Inter-state Movement of Perishables during Lockdown

PIB Press Release on 15 APR 2020

 

Customs Offices to re-open on 20 April with all Officers on Duty

CBIC Order dated 15th April 2020

 

Nirmala Attends G20 Virtual Meet, says USD 3.9 bn Disbursed to 33 crores Poor

PIB Press Release dated 15th April 2020

 

Health and Family Welfare Ministry Frames Criteria for Hotspots

Ministry of Health and Family Welfare Notification dated 15.04.2020

 

Exports plummet 34.57% in March

·   Exports in 2019-20 decline 4.78 %, imports fall 9.12%, trade deficit shrinks

·   Lockdown of Transport Hits Movements from and to Ports

·   Engineering Goods Exports Worst Hit

·   Capital Goods, Steel Imports Totter

·   Pile Ups in Ports as Local Transport and Rail Movements Come to Grinding Halt

ABS News Service/16.04.2020

 

FIEO claims 50% of the Orders Cancelled, says Delay in special Relief Package will be “Catastrophic”

·   Demands Interest free working capital and waiver of EPF and ESIC contributions

·   Extension of credit from 90 to 180 days, Forex cover extension without interest and penalty

·   Price Crash Feared as Competition Intensifies

FIEO/PUB/PR/6/2020-21 dated April 15, 2020

 

MHA Issues Consolidated Revised Guidelines with effect from 15 April 2020

ABS News Service/15.04.2020

 

5,516 MT of Pulses Dispatched to States for Distribution under PMGKY

·    Initiatives of Department of Agriculture, Cooperation & Farmers Welfare to Promote Farming and allied sectors during lockdown

PIB Press Release dated 14th April 2020

 

IMF Cuts India GDP Growth to 1.9%, Projects Sharp Contraction in Global Economy

ABS News Service/15.04.2020

 

FIEO President Welcomes Opening of Manufacturing and Exporting Unit

ABS News Service/15.04.2020

 

CBDT Issues Important Circular Clarifying TDS Process – Taxpayers Alert

ABS News Service/15.04.2020

 

PM Addresses the Nation for 4th Time in 4 Weeks in India’s Fight against COVID-19

·   Announces extension of lockdown till 3rd May

·   High Risk Areas and Hotspots to be under constant vigil

·   Ease of Certain Restrictions in Low Risk Areas from 20 April

·   Detailed guidelines to be issued by the Government tomorrow

·   PM seeks support for seven things including taking care of elderly and adhering to social distancing and lockdown

Prime Minister’s Office, Press Release dated 14th April 2020

 

USD 155mn Sale of 10 Missile ($92mn), 16+3 Torpedoes ($63mn) to India

ABS News Service/14.04.2020

 

Government Initiates Dialogue to Resurrect Agri Sector Exports in the Aftermath of Current COVID-19 Crisis

Following directions from Agriculture Minister Narendra Singh Tomar, Secretary DAC&FW held video conference with Associations of producers/exporters of agri commodities to resolve their issues

ABS News Service/14.04.2020

 

Home Secy Lifts Lockdown for Truck Movements

·   Movement of Inter and Intrastate Cargo, Trucks, Workers and functioning of Warehouse and Cold Storages Exempted from Lockdown

ABS News Service/13.04.2020

 

Migrant Labour Welfare in Host State Must

·   MHA Writes to All States to Ensure Compliance of Supreme Court Directions on Welfare of Migrant Labourers Housed at Relief Camps

ABS News Service/13.04.2020

 

DPIIT Secy Mohapatra Asks for Priority to Open Electronics, Textile, Auto Industry at 25% Capacity

·   Lists 17 other Industries to be Opened on Single Shift Operations

·   Industry not Happy as Partial Production not Viable

DPIIT Letter dated 11th April 2020

 

FIEO Welcoming DPIIT Letter to Home Secretary Listing Industries for Early Opening up

FIEO Press Release dated 13.04.2020

 

Exporters Trapped in Forex Hedge

·   Buyers Cancel Orders, Domestic Units not able to Pay Wages

ABS News Service/13.04.2020

 

Teva Ships $2mn Hydroxychloroquine from India to the US

ABS News Service/13.04.2020

 

SEZs want Domestic Market at Discounted Import Duty as Buyers Cancel Orders, 50% of 2.5mn Labour may be Retrenched

ABS News Service/13.04.2020

 

Steel Importers want LC on Korean Exporters Cancelled but BHC Says No

·   “Force Majeure” Clause in Contract doesn’t Help, Condition only to Help Exporters

ABS News Service/13.04.2020

 

KVIC Develops Double Layered Khadi Masks

·   KVIC to Supply 7.5 Lakh Masks Soon to J&K

·   Chairman KVIC Appeals to KVIC Centres to Provide 500 Masks Free to District Collectors

ABS News Service/13.04.2020

 

Fish and Aquaculture Exempted from Lockdown – Movements of Goods and Workers Included

MHA Press Release dated 10th April 2020

 

Plain Medium Density Fibre Board Anti-dumping Investigation – Questionnaire Response Time Extended to 30 April 2020

F. No. 7/6/2020-DGTR dated 10 April 2020

 

Home Secretary Orders Ban on Religious Congregation

·    Social Media Vigil against Objectionable Content

D.O. No. 40-3/2020-DM-I(A) dated 10th April 2020

 

COVID-19 – Frequently Asked Questions on Corporate Social Responsibility

MCA General Circular No. 15 dated 10th April 2020

 

Agri Minister Conferences with State Ministers – Pulses and Oilseeds Procurement Prolong to 90 Days

ABS News Service/11.04.2020

 

Punjab Extends Curfew Till May 1, Task Force to Decide on Exit Strategy

·    There was general consensus in the medical community that the lockdown curbs would only delay the spread of the disease, he said, hoping that some medication/cure would be found soon

ABS News Service/11.04.2020

 

Health Ministry says has 3.28 cr Hydroxychloroquine Tablets in Stock as against Domestic Demand of 1.6 cr Tablets

·    Only 1.8% SARS Cases Found Positive

ABS News Service/11.04.2020

 

More than 300 Respond with Proposals to DST Call for COVID Combat Devices

ABS News Service/11.04.2020

 

FinMin’s Monthly Report Indicates Fiscal Deficit may Widen in FY2019-20

ABS News Service/11.04.2020

 

G20 Extraordinary Energy Ministers Meeting – India Minister wants Low Price

ABS News Service/11.04.2020

 

India Organises South Asia less Pak Video Meet on Trade – Highlights

·   Prov Clearance of Imports

·   Digital and Scanned Copies for COO, Payments

·   India to Coordinate Focal Facilitation Points in each Member

ABS News Service/10.04.2020

 

Cigarette Prices Rise 50-80% above MRP

·   No Production in ITC, Godfrey Phillips Factories

·   Gutkha being Sold at Twice MRP

ABS News Service/10.04.2020

 

Cold India Sells on LC to Users Instead of Advance Payment to Help Users

ABS News Service/10.04.2020

 

Piyush Expects Workers to Return Back after Corona Declines

ABS News Service/10.04.2020

 

₹15,000 crore sanctioned for States to Combat Covid-19

ABS News Service/10.04.2020

 

Harsh Vardhan Chairs GoM Meet on Combating COVID, Gen Rawat CDS Present

ABS News Service/10.04.2020

 

US Gives India 3569 MT Increase in TRQ of Raw Sugar

ABS News Service/10.04.2020

 

Trump Thanks Modi for Lifting Ban on Export of Key Drug

·   Trump said the US had secured 29 million doses of HCQ from India

·   India on 4 April banned exports of HCQ through a notification, without exemptions on humanitarian or other grounds

ABS News Service/09.04.2020

 

Kerala Permits Mobile Phones and Computer Shops Function on Sundays from 10.00 am to 5.00 pm

Kerala Government Order dated 8th April 2020

 

Dubai Allows Alcohol Home Delivery as Virus Shuts Down Bars

ABS News Service/09.04.2020

 

Orissa Extends Lockdown Till 30 April 2020

·    Recommends Continuation of Train or Air Services Suspension

·   Free Movement of Goods Transport, Agro, Animal Husbandry Allowed

ABS News Service/09.04.2020

 

Piyush Goyal Holds consultation with EPCs

ABS News Service/09.04.2020

 

One Time Relaxation (upto 30 Sept 2020) of MRP Revision Allowed on Sticker Following GST Hike

·   Both Old and New Price to be Stated on Sticker

·   Notification Issued by Consumer Affairs Ministry

Ministry of Consumer Affairs Notification dated 1st April 2020

 

WTO Forecasts 13-32 percent Fall in 2020 Trade

·   Double Digit Fall in Trade Volumes

·   Electronics and Auto with Import Intensity in for special hit

·   Transport and Travel Restrictions likely to Kill Services Trade

WTO Press Release dated 8th April 2020

 

All Refunds of GST and Income Tax Refund upto 5 lakhs to be Released Immediately

DoR Press Note dated 08.04.2020

 

Opposition Lambasts Centre for Lifting Ban on Drugs Export

ABS News Service/08.04.2020

 

As Crude Prices Plummet, India’s Tanks are Only Half Full

ABS News Service/08.04.2020

 

Jute Mills Closure in Lockdown Forces Govt to Raise Plastic Bag Limit to 2.62 lakhs from 1.80 lakhs for Agri Goods Transport

·   Textiles Ministry Extends Limit for HDPE/PP Bags from 1.80 lakh bales to 2.62 lakh  to Tide Over Crisis of Packaging of Foodgrains Due to Closure of Jute Mills during Lock down

·   Writes to Governments of All Jute Growing States to Allow Movement, Sale and Supply of Jute Seeds, Fertilizers and other Farming Aids

·   Ministry Committed to Protect Interest of Jute Farmers and Workers

Ministry of Textiles Press Release/07.04.2020

 

CBIC Names 20 Nodal Officers for Corona-19 Customs Clearances

ABS News Service/08.04.2020

 

Lockdown may be Extended, Decision by End of Week Depending upon Progress in Combating Corona Spread

ABS News Service/08.04.2020

 

Bhalla for Action under ECA on Traders to Control Prices, States may also Get Powers of Detention

ABS News Service/08.04.2020

 

MHA Writes to States to give Special Attention on Keeping the Supply of Medical Oxygen Smooth and Hassle-Free Across the Country

ABS News Service/08.04.2020

 

No MPLADS for Two Years (2020-21 and 2021-22) for Managing COVID 19 – Rs. 7000 crs plus Impact on Development Funds and Ongoing Projects

ABS News Service/08.04.2020

 

No Container Detention Charge, Waiver of Demurrage

·   Ministry of Shipping plays a pro-active role towards ensuring smooth shipping operations in COVID-19 situation and lockdown in the country

·   Total traffic handled at Major Ports from April to March 2020 shows 0.82% growth in tonnage

·   Over 46,000 crew/passenger thermal- scanned at ports

·   Penalties, demurrage, charges, fee, rentals levied by the Major ports waived off on any port user

·   Hospitals across the Major Port Trusts are prepared for Covid-19

·   Over Rs. 59 crore Contributions from Salary and CSR funds to PM CARES Fund;

·   DG, Shipping provides reliefs concerning Seafarers, Waivers, Shipping Lines, Sanitization, Safety certificates

ABS News Service/08.04.2020

 

India's Fiscal Response to Covid-19 Inadequate Compared to other Countries, says Industry Body

ABS News Service/08.04.2020

 

Income Tax Appellate Tribunal Holds All India Video Conference on ‘The Direct Tax Vivad Se Vishwas Act, 2020’

·   ITAT President Justice P.P. Bhatt Encourages Stakeholders to Avail the Scheme so as Reduce Pending Tax Litigation

·   Government Open to Suggestions for Better Implementation of the Scheme and Propose Amendments to the Bill, says Mr. P.C. Mody, Chairman, CBDT

ABS News Service/08.04.2020

 

Agro Included in Lockdown Lifting

MHA issues an Addendum to exempt Shops of Agricultural machinery, spare parts & repair; Truck repair shops and Tea industry from Lockdown Restrictions to fight COVID-19

ABS News Service/04.04.2020

 

Agro Operations Liberalised

D.O. No. 40-3/2020-DM-I(A) dated 03.04.2020

 

Clarifications on Scope of “Essential”

·   MHA clarifies on ground level issues being faced by States in ensuring smooth flow of supply chain of Essential Items during National Lockdown to fight COVID-19

·   States advised to inform District authorities and field agencies regarding the Clarifications so as to avoid any ambiguity at the ground level

MHA Press Release/03.04.2020

 

State Disaster Risk Management Fund

ABS News Service/04.04.2020

 

Worldwide Trade in COVID-19

ABS News Service/04.04.2020

 

India for Renewal of WTO Bali Declaration to Maintain MSP to Farmers

·    India's Food Security Discussed at WTO Amidst Covid-19 Pandemic

·    WTO Rules Restrict India’s Ability to Build its Food Stock as the Procurement of Food Grains at MSP is subject to Strict Limits

ABS News Service/ 04.04.2020

 

WTO and ICC to Formulate Response to COVID-19

ABS News Service/ 04.04.2020

 

Mandis, Agriculture Direct Marketing, and Ayush Exempted from Lockdown

ABS News Service/ 04.04.2020

 

Home Secy Orders Criminal Cases on Lockdown Violators

ABS News Service/ 04.04.2020

 

Now, Planes will Fly Medical Equipment, Essential Drugs

ABS News Service/ 04.04.2020

 

Payment of Wages to Migrant Workers during Coronavirus Lockdown: Supreme Court Issues Notice in PIL by Harsh Mander and Anjali Bhardwaj

ABS News Service/ 04.04.2020

 

Lockdown Shows Signs of Relaxation as PM goes into Dialogue with CMs

·   Modi seeks formulation of common exit strategy in meeting with Chief Ministers

ABS News Service/ 03.04.2020

 

Govt to Foot PF for Employees below Rs. 15K per month

ABS News Service/ 03.04.2020

 

UP Cuts Electricity Prices for Units under Lockdown

ABS News Service/ 03.04.2020

 

MSME Units in J&K and Ladakh given One More year for Registration

DPIIT Notification dated 31st March, 2020

 

Eight Out of Twenty Major Countries in the World are not in Lockdown

ABS News Service/ 03.04.2020

 

Demurrage on Held up Cargo at Airport Halved Till 16 April 2020

Ministry of Civil Aviation (ER Division) Order dated 1st April 2020

 

Exporters Given 15 Months from Export Date to Realize Proceeds, Present 9 Months Period Extended

·      States Credit Upped by 30% for Six months

·      Banks Buffer Capital Reserve Inactivated for One Year

·     Present Measures in Addition to those Announced Last Week

ABS News Service/ 02.04.2020

 

Rs. 97.6K Crore of Gross GST Revenue Collected in Mar, IGST of Rs. 18K crs on Import Falls by 23%

·     Only Haryana and Gujarat in Positive Territory in March 2020

Min of Finance Press Release/01.04.2020

 

MeitY Advisory to Curb False News on Corona Virus

MeitY Advisory dated 20.03.2020

 

Oil Prices can Fall below Zero, Storage Capacities Exhausted

ABS News Service/ 02.04.2020

 

Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020

GST Council to Get Power to Extend Last Dates on Account of Force Measures like Corona Virus with Retrospective Effect

Ø Direct Taxes & Benami

Ø Indirect Taxes:

Ø PM Cares Fund

Ministry of Finance/31.03.2020

 

Finance Minister attends the 2nd Extraordinary G20 Finance Ministers and Central Bank Governors Virtual Meeting

ABS News Service/ 01.04.2020

 

Medical Devices Notified as Drugs w.e.f. 1st April 2020 vide Notification dated 11 February 2020 issued by Ministry of Health & Family Welfare to be Governed under the provisions of Drugs (Prices Control) Order, 2013

ABS News Service/ 01.04.2020

 

India Calls for further Enhancing Affordable Access to Medicines and Facilitating Easier Movement of Health Professionals Across National Borders

·    Piyush Goyal says India has been a dependable and affordable source of efficacious and high quality medical and pharma products

·    G20 Trade and Investment Ministers decide to keep their markets open, and ensure smooth and continued operation of the logistics networks

ABS News Service/ 01.04.2020

 

Revision of Ceiling Price of Scheduled Formulations

Ministry of Chemicals and Fertilizers/31.03.2020

 

Ministry of Shipping Issues Direction to All Major Ports not to Levy any Penalties/Charges/Fees on any Port user for any delay caused Due to COVID-19

Ministry of Shipping/31.03.2020

 

RBI Moratorium on EMI - Frequently Asked Questions

Ministry of Finance Press Release dated 01.04.2020

 

Foreign Trade Policy 2015-2020 Extended for One Year

·   MEIS at 2% Extended for One year minimum, No Sunset Clause in Handbook Notification as before (Old Position Continues) but Ad hoc Extra 2% on Mobile Phones for Jan-March 2020 period sunset Automatically till 31 March 2020

·  Other Immediate Relief Measures also Announced

MoC&I Press Release/31.03.2020

 

Existing foreign trade policy likely to be extended

·    Schemes like MEIS, EPCG may continue for some more months providing stability to exporters

ABS News Service/31.03.2020

 

More than 280 Units in SEZs, Manufacturing Essential Items like Pharmaceuticals and Hospital Devices, are Operational

MoC&I Press Release/31.03.2020

 

Office of Principal Scientific Adviser issues manual on homemade masks: Masks for Curbing the Spread of SARS-CoV-2 Coronavirus

PIB Press Release dated 31.03.2020

 

Validity of expired Driving Licences and Vehicle Registration Extended Till June 30

·    Includes fitness, permits, driving licence, registration and other motor vehicle documents

ABS News Service/31.03.2020

 

Government of India Gazette Notification regarding 75% of Advance will Permissible to those Members who Effected with the Lock Down Due to Epidemic

Ministry of Labour and Employment Notification dated 27th March 2020

 

Helpdesk Operationalized by DGFT for COVID-19 on Export or Import Issue

DGFT Press Release/26.03.2020

 

Allow us to work with half the regular workforce: Exporters to Central Government

ABS News Service/28.03.2020

 

Points Raised by FIEO in the Video Conferencing with the Honble Commerce and Industry Minister on March 27, 2020 at New Delhi

ABS News Service/28.03.2020

 

DPIIT Sets up a Control Room to Monitor the Status of Transportation and Delivery of Goods, Manufacturing, and Delivery of Essential Commodities

ABS News Service/28.03.2020

 

MHA Issues SOPs for Maintaining Supply of Essential Goods during 21-day Nationwide Lockdown to Fight COVID-19

ABS News Service/28.03.2020

 

Extraordinary Virtual G20 Leaders’ Summit

ABS News Service/28.03.2020

 

Govt of India Issues Orders Prescribing Lockdown for Containment of COVID-19 Epidemic in the Country

ABS News Service/25.03.2020

 

WTO Members Asked to Share Information on Trade Measures related to COVID-19 on the lines of H1N1 Flue Break in 2009-10

ABS News Service/25.03.2020

 

COVID-19 Hits WTO Kazakhstan Govt says No to June WTO Ministerial Meet in Astana (Nur-Sultan)

·    Geneva HQ Out of Bounds till April End

ABS News Service/25.03.2020

 

World Port Report after Corona

·    Empty Container Shortages Squeeze Trade

·    Payment Delays and Tight Money Affects Trade

ABS News Service/25.03.2020

 

Tax Filing Dates Extended, Business Rules Eased, ATM, Bank Charges Waived Off in Covid-19 Relief Measures

ABS News Service/24.03.2020

 

Lockdown in India Leads to Lock Out at Ports

·    Closing Ports will Lead to Disaster for India People

ABS News Service/24.03.2020

 

ATF Price Cut by 12 per cent; Petrol, Diesel Prices Untouched

ABS News Service/24.03.2020

 

Bogus Input Tax Credit of around Rs 281 Crores claimed by Moradabad-Meerut- Delhi Axis

ABS News Service/24.03.2020

 

Lockdown on Goods Transport Freezes Movement of Imports and Exports

-Arun Goyal-

·      Shipments Delayed as Buyers Cancel Orders, Payments Crisis Round the Corner

·      The Transport Lockdown Affects Movement to Airports and Ports, Customs Staff in then Attendance, Provisional Clearance for Regular Importers and Exporters must to Clear Bottlenecks and Keep Supply Chains moving

·      District Border Sealed as Police make no Distinction between Goods (Free) and Passengers (Restricted)

·      Incoming and Outgoing International Flights may be Allowed for Goods Transport, regret even Courier Services are Closed Down by the Police

·      No Trade Facilitators Appointed by the States, even Movement of Food Supplies and Essential Medicine Affected

·      Curfews by State Governments Anvil worsen situations

·      Lockdown are based only on Risk Assessment World over, only in India Road and Rail are Totally Closed, Police Check Post have taken over

·      Postponements of all GST and Duty Changes must till Situation Stabilises

ABS News Service/23.03.2020

 

Lok Sabha Passes Finance Bill without Discussion

·   Global Income of NRIs will not be Taxed in India Now

·   TDS on Dividends for Foreign Companies Set at 20%, No Tax for Dividend Already Paid

ABS News Service/23.03.2020

 

ASEAN and Japan FTA under Review

·      Study Finds FTA Utilization in Korea for Steel, Plastics for Singapore and Malaysia for Auto Parts

ABS News Service/20.03.2020

 

Central Govt Implements Kalyani Committee Recommendations for SEZ

ABS News Service/20.03.2020

 

European Commission Delists 14 Establishments and Seafood Consignments for Using Antibiotics

ABS News Service/20.03.2020

 

India Improves Examination Time for Trade Mark and Patent Applications

ABS News Service/20.03.2020

 

WTO Ruling against India

ABS News Service/19.03.2020

 

India under No Obligation to Implement WTO's Dispute Panel Recommendations on Export Schemes: Goyal

ABS News Service/19.03.2020

 

Formulation of the National e-Commerce Policy and the New Industrial Policy under Consideration of the Government

ABS News Service/19.03.2020

 

APEDA signs MoU with Small Farmers Agribusiness Consortium (SFAC)

ABS News Service/19.03.2020

 

Exporters to Gear Up for Difficult Times with Drop in Demand Globally particularly in Advance Economies, says President, FIEO

FIEP Press Release dated 18 March, 2020

 

Exports from India

ABS News Service/19.03.2020

 

Customs Duty on e-transmissions-India, South Africa make New Submission at WTO

ABS News Service/16.03.2020

 

Excise Duty on Petrol, Diesel up by Rs 3 per litre as Oil Prices Decline

·      Special Excise Duty on Petrol Hiked by Rs 2 to Rs 8 per litre and to Rs 4 in case of Diesel

·      Road and Infrastructure Cess on Petrol and Diesel Raised by Rs 1 per litre to Rs 10

ABS News Service/14.03.2020

 

Govt Brings Masks and Hand Sanitizers under the Essential Commodities Act

Press Release dated 13 March 2020

 

Govt Invoke Disaster Management Act to Ensure Prices Regulation and Availability of Surgical and Protective Mask, Hand Sanitizer and Gloves

Press Release dated 13 March 2020

 

Exports Increase 2.9% in Feb, but Outlook Grim on Coronavirus Scare

MoC&I Press Release dated 13.03.2020

 

Modest Growth in Exports Amidst pandemic is Satisfactory, says FIEO President

ABS News Service/14.03.2020

 

DG Azevêdo provides Urgent Information to WTO Members on MC12 Date and Venue

ABS News Service/14.03.2020

 

India’s on-Going Trade Negotiations

ABS News Service/14.03.2020

 

Tax on Cotton and Man-Made Fibres

ABS News Service/14.03.2020

 

Cabinet Approves Scheme for “Remission of Duties and Taxes on Exported Products (RoDTEP)” to Boost Exports Scheme for Enhancing Exports to International Markets

·      To make Indian exports cost competitive and create a level playing field for exporters in International market

·      RoDTEP scheme is WTO compliant, will reimburse taxes/duties/levies at the Central, State and Local Level, which are currently not being refunded

·      To give a boost to employment generation in various sectors

·      Items will be shifted in a phased manner from existing scheme MEIS to RoDTEP with proper monitoring & audit mechanism

PIB Press Release dated 13th March 2020

 

Services Trade Growth Weakens as COVID-19 Crisis Hits Global Economy

ABS News Service/13.03.2020

 

Trade Impact of Coronavirus for India estimated at $348 mn: UN Report

ABS News Service

 

INR at All Time Low: Rupee Falls Beyond 74 per US Dollar

ABS News Service/06.03.2020

 

CBDT Issues FAQs on Direct Tax Vivad se Vishwas Scheme, 2020

ABS News Service/06.03.2020

 

Ministry of Shipping Reviews Preparedness against COVID-19 at All Major and Non- Major Ports of the Country

ABS News Service/06.03.2020

 

APEDA Signs MoUs with 13 Clusters for Implementation of Agri Export Policy

ABS News Service/05.03.2020

 

TDS Surveys by Income Tax Department Unearths Defaults in Deduction and Deposit

MoF Press Release dated 4 March 2020

 

Govt Restricts Export of 26 Drug Formulations

ABS News Service/04.03.2020

 

Current Status of Availability of Coronavirus Drugs in India

Press Note dated 3 March 2020

 

DSB Meeting Suspended Over Disagreement between the Philippines and Thailand in Cigarette Dispute

ABS News Service/04.03.2020

 

TBT on Self-drive Cars and Medical Tools at WTO

·    India on the Mat on Food Standards, Liquor Labelling

ABS News Service/03.03.2020

 

Fake Invoicing of Rs.7896 crore for False ITC Credit Involving Network of 23 Shell Companies

·    Two Unnamed Accused Arrested & Remanded to 14 Days Judicial Custody

ABS News Service/03.03.2020

 

Fake Invoices to Claim Input Tax Credit of Goods worth Rs 436 crores Detected

·    Bank Employees said to Partner

ABS News Service/03.03.2020

 

Minister Goyal Convenes Meet on 3 Mar to Deliberate on Corona Disruption of Supply Chain

MoC&I Meeting Notice dated 28h February 2020

 

PIB Press Release on “Two Corona Cases Detected in India”

PIB Press Release

 

New Explosive Detection Device, Developed by DRDO & IISc Bangalore, Unveiled in Pune

ABS News Service/02.03.2020

 

GST Revenue Collection for February, 2020

·      ₹1,05,366 crore Gross GST Revenue Collected in February

ABS News Service/02.03.2020

 

WTO Holds Meet to Prepare for Agri at Nur-Sultan Ministerial

ABS News Service/29.02.2020

 

BIS Issues Standards for Toys

·   Standards to come into effect from 1 Sept 2020

·   Compulsory Apply to All Domestic Goods and Imported Goods, Exports Exempted

MoC&I Order S.O. 853(E) dated 25th February 2020

 

Agencies Start Collecting API Data to Facilitate Imports from China

·   Commerce Ministry Assessing Impact on Pharma Ingredient Supplies from China

ABS News Service/28.02.2020

 

Mundra Port to Gain Access in the Dedicated Freight Corridor from Dadri, JNPT Upset over Delay

ABS News Service/28.02.2020

 

Central Asia, China to Sign WTO Government Procurement Agreement

ABS News Service/28.02.2020

 

India Faces WTO Heat to Exempt Food for Humanitarian Needs from Export Curbs

·   New Delhi has been resisting move as it could compromise food security

ABS News Service/ 27.02.2020

 

Third Anniversary of Trade Facilitation Agreement Sees Increasing Implementation Rate

ABS News Service/25.02.2020

 

MoEF Releases Draft Rules for EPR (Extended Producers Liability) for Battery Scrap over and above the Hazardous Waste Rules, 2008

·   Battery Waste Management Rules, 2020

·   Application

·   Definitions

·    Prohibitions and Labelling Requirement

·   Responsibilities

·   Computerization of Records and Returns

·   Procedure for seeking authorization and registration for handling battery wastes

·   Sch. I – Classification of Batteries

·   Table 2 – Classification of Batteries in-purview of regulations and mandates

·   Sch. III – Targets for extended producer responsibility – Authorisation

Ministry of Environment, Forest and Climate Change Notification dated 20.02.2020

 

Shooters can now keep 12 Additional Weapons as again 7 earlier

·   Amendments in Arms Act, 1959 and Arms Rules, 2016 Notified

Ministry of Home Affairs Press Release dated 24 Feb 2020

 

BIS Standards for 26 New Items Released with effect from 30 Jan 2020

BIS Notification PUB/3/3/2019-20 dated 03.02.2020

 

AEPC says PTA Anti-dumping Duty Hurting Exports of Synthetic Fibre Apparel

ABS News Service/ 21.02.2020

 

India Issues Import Licences for 1.1mn tonnes of RBD from Indonesia, Malaysia Still on Hit List

ABS News Service/ 21.02.2020

 

CGST Wing Detects Input Tax Credit Fraud of more than Rs 214 crores in Delhi, 1 Held

ABS News Service/ 20.02.2020

 

CBIC Prepares to Launch “Faceless e-Assessment” Releases Consultation Paper with 3 Mar 2020 as Last Date

·    “Faceless” Assessment Commissionerates in Different Commodity Groups (Group I to Group VI) to be Set All Over India without Contact with Importer

·    Examination of Goods Duty Payment at Port of Import at Jurisdiction Port

·    Automatic RMS, e-SANCHIT and Turant Systems Provide Support

·   Model Copies Faceless Assessment of Income Returns in Bangalore

ABS News Service/19.02.2020

 

Services Exports from SEZ Shoots Up by 22.6%, Mechandise Share in Total SEZ Exports Falls from 47% to 42%

·   FTWZ Do Well, Diamonds, Leather and Textiles Up

MoC&I Press Release dated 18 February 2020

 

FTA in Foreign Country to be Declared in SB

·   GSTIN must in Export and Import Declaration

·   Origin District Required in Export Declaration

Min of Finance Press Release/17.02.2020

 

Minister Calls for Special Steel Manufacture in Steel Meet

·   More Steel Items in Quality Control Order on the Anvil

ABS News Service/ 18.02.2020

 

Finance Commission Enters Agro Export Promotion from States Scene

·   High Level Commission under ITC Chairman Puri Constituted

ABS News Service/ 18.02.2020

 

Current World Trade Trends Drop by 1.1 percent Point

·   Agro Shipping, Electronic Components Worst Affected

·   Coronavirus will Worsen Trend

ABS News Service/ 18.02.2020

 

Export Fall Once again in Jan, Imports Static but Crude, Capital Goods Rise while Official Gold Falls

MoC&I Press Release dated 14th February 2020

 

WTO Members Prepare to Firm up Legal Text for Fisheries Subsidies Agreement

ABS News Service/ 17.02.2020

 

China Urges WTO Members not to Slap Trade Restrictions on Account of Corona Virus

ABS News Service/ 14.02.2020

 

Aid for Trade Discussed in WTO

ABS News Service/ 14.02.2020

 

SC Stays Order of Raj HC Extension of Deadline for Filing GSTR 9 and GSTR 9C Annual Return, No Later Fees till 12 Feb

ABS News Service/ 13.02.2020

 

Regulation of Check Wrong ITC Credit Issued, says Minister in Reply to Parliament Question in GST Claims

ABS News Service/ 13.02.2020

 

CBIC Destroys Cannabis, Heroin and other Drugs in Eight Centres

MoF Press Release dated 11 Feb 2020

 

States Refuse to Lift Onions Imported by MMTC

ABS News Service/ 13.02.2020

 

Japan Initiates Second WTO Dispute Complaint on Korean Support for Shipbuilders

ABS News Service/ 13.02.2020

 

WTO Members Discuss LDC Technology Transfer, Highlight Progress on Transparency Obligations

·   e-TRIPS Online to Make Submissions by Members Activated

·   Technology transfer to LDCs

·   Notifications and transparency

·   IP and innovation; IP and the public interest

·   Non-violation and situation complaints

·   Cross promotion

·   TRIPS amendment

ABS News Service/ 13.02.2020

 

Anand Mahindra Supports Proposed EU Legislation for Common Charger Across All Devices

ABS News Service/ 13.02.2020

 

FIEO Cries Foul as DGFT Withdraws Additional MEIS from Back Date

·   Complain that No Money Released on Pending Incentive Claims for Nearly One Year

ABS News Service/ 11.02.2020

 

Key Highlights of Economic Survey 2019-20

ABS News Service/ 31.01.2020

 

Thalis are more Affordable for the Common Person Now, Says the Economic Survey

ABS News Service/ 31.01.2020

 

Textile Exporters Bleed as Govt Asks them to Repay Sops Availed

ABS News Service/ 31.01.2020

 

STDF Launches 2020-2024 Strategy for Safe and Inclusive Trade

ABS News Service/ 31.01.2020

 

Just One Out of 4 Assessees Submitted GST Audit Conciliation Report So Far for FY18

·    Last Date for Filing FY Annual Return is January 31

ABS News Service/ 29.01.2020

 

Members Adopt Panel Ruling in Australia-Indonesia Paper Duty Dispute

ABS News Service/ 29.01.2020

 

CBIC Moves Away from President, Awards to Revenue Officers on Republic Day and WCO Day Handed by MoS to 63 Officers Plus One CHA

·   3 DRI Officers in Border Areas Recognized

·   Only 26 Field Officers in 63 Awarded, Balance 37 from DRI or Staff Functions like TRU

ABS News Service/28.01.2020

 

Adani Arm Set to Buy GMR Group’s Greenfield Port/SEZ in Kakinada

ABS News Service/ 23.01.2020

 

JNCH Issues Guidelines on Electronic based E-waste in its Premises as the Bulk Consumer

JNPH Public Notice No. 12/2020 dated 21.01.2020

 

GST Taxpayers can File their GSTR-3B Returns in a Staggered Manner

ABS News Service/ 23.01.2020

 

Potato Cluster Notified under Agri Export Policy

·    APEDA Organizes Awareness Camp for Potato Exports in Agra

·    APEDA Expediting Cluster Development in States

ABS News Service/ 23.01.2020

 

India Achieves Complete Phase Out of One the Most Potent Ozone Depleting Chemical

ABS News Service/ 23.01.2020

 

Central Government Notifies National Startup Advisory Council

·    Commerce & Industry Minster to Chair National Startup Advisory Council

ABS News Service/ 23.01.2020

 

FIEO Seeks Export Development Fund, Double Tax Deduction for MSMEs

ABS News Service/ 23.01.2020

 

As Agreement Deadline Nears, First Set of 2020 Fisheries Subsidies Talks Get under Way

ABS News Service/ 23.01.2020

 

Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu gives TWD 4.5 million for LDCs at Ministerial Conference

ABS News Service/ 23.01.2020

 

APEDA Adds 135 Agri Products Testing Laboratories

·    Recognition of Laboratories Simplified; will boost Agri Exports from States

ABS News Service/ 20.01.2020

 

Commerce Ministry Wants Curbs Imposed on Duty-Free Sale of Alcohol, Tobacco Products

ABS News Service/ 20.01.2020

 

United States Notifies Decision to Appeal Compliance Panel Ruling in Steel Dispute with India

ABS News Service/ 18.01.2020

 

Trump’s Trade Deal with China is Communism with American Characteristics

ABS News Service/ 18.01.2020

 

India Believes in Multilateralism and Strengthening WTO

·    Trade Policies will have to be people Centric– Piyush Goyal

ABS News Service/ 17.01.2020

 

World Bank and Govt of India Sign $88 mn Loan Agreement for Implementation of Assam Inland Water Transport Project

ABS News Service/ 17.01.2020

 

No Imports in ‘Others’ Category without HSN Code

·   New ERA of Quality Production Being Established in India

·   Government to Support Industry to Establish International Quality Standards– Piyush Goyal

ABS News Service/ 16.01.2020

 

FIEO Prez Demands Release of Incentives Claim Pending for more than Five Months as Trade Continues to Shrink

ABS News Service/ 16.01.2020

 

India's Exports Fall for Fifth Straight Month in December

·   Imports Fall 8.83 percent, Trade Deficit Shrinks to $11.25 bn

ABS News Service/ 16.01.2020

 

India’s Foreign Trade: December 2019

MoC&I Press Releasse dated 15 January 2020

 

India-China Trade Dips by Nearly $3 bn in 2019, Deficit Still High at $57 bn

ABS News Service/ 15.01.2020

 

Central Government may Address Inverted Duty Structure, say sources

ABS News Service/ 14.01.2020

 

Revenue Dept Cautions DGFT on ‘Star’ Exporters Getting GST Refunds Using Fake Invoices

ABS News Service/ 06.01.2020

 

Finance Ministry Notifies Norm Limiting ITC to 10% in case of GST Details Mismatch

ABS News Service/ 28.12.2019

 

Steel Ministry Releases 5-Point Plan for Steel Role in $5tn Economy

Ministry of Steel Press Release dated 24.12.2019

 

Tech Limitations cannot be Ground to Deny Input Tax Credit under GST, says Delhi HC

ABS News Service/ 24.12.2019

 

No Denial of Input Tax Credit Due to System Failure

ABS News Service/ 24.12.2019

 

Commerce and Industry Minister Meets Export Promotion Councils and Boards

·   Review of Foreign Trade Policy; Performance of EPCs discussed

·   Rationalization of EPCs Essential, says Piyush Goyal

ABS News Service/ 20.12.2019

 

Commerce and Industry Minister Inaugurates Exports Summit 2019

·   Industry must Reduce Dependence on Imported Goods, says Piyush Goyal

·   To make Industry Competitive and Proactive Government and Industry must work together

ABS News Service/ 19.12.2019

 

Nirmala Sitharaman Holds Pre-Budget Consultation with Finance Ministers of State/UTs

ABS News Service/ 19.12.2019

 

Rs 1550 Crs Food Processing SEZ in Tripura is a First

ABS News Service/ 19.12.2019

 

Budget 2020 – Finance Minister to hold consultations from December 16

ABS News Service/ 17.12.2019

 

The Recycling of Ships Bill, 2019 Becomes an Act after Receiving Assent of President of India

ABS News Service/ 17.12.2019

 

Interim Arrangement to Resolve Global Trade Disputes in the Works

·    European Union Suggests Multi-Party Interim Appeal Arbitration Arrangement

ABS News Service/ 17.12.2019

 

Indonesia Initiates WTO Dispute Complaint against EU Biofuels Measures

ABS News Service/ 17.12.2019

 

Exports Fall Marginally to $25.98 bn in November

ABS News Service/ 14.12.2019

 

Report Shows Trade Restrictions by WTO Members at Historically High Levels

ABS News Service/ 14.12.2019

 

FIEO Launches “2nd LOGIX INDIA 2019” - International Buyer Seller Meet on 12 Dec 2019 at New Delhi

ABS News Service/ 13.12.2019

 

WTO Members Agree to Extend E-commerce, Non-violation Moratoriums

ABS News Service/ 11.12.2019

 

Parliament Passes Ship Recycling Bill

ABS News Service/ 10.12.2019

 

Draft National Logistic Policy

ABS News Service/ 07.12.2019

 

DG Azevêdo Urges WTO Members to Find Ways Forward on the Dispute Settlement System

ABS News Service/ 07.12.2019

 

Eighth China Round Table Underlines Contributions of Accessions to WTO Reform

ABS News Service/ 07.12.2019

 

US Blocks Early Decision in Pending Cases before Appellate Body

·      India Appellant is 3 Out of 14 Pending Cases

ABS News Service/ 06.12.2019

 

Kazakhstan Submits Application to Join Government Procurement Pact

ABS News Service/ 04.12.2019

 

WTO Claims 163 Countries Agree to Make Changes in Rules Governing Trade Dispute Resolution

·      New Rules for Appellate Body Appointment Drafted by WTO General Council

·      Decision to be taken in 9 Dec Meeting to Get Appellate Body working again as last but One Member Retires on 11 Dec

ABS News Service/ 02.12.2019

 

Hallmarking of Gold Jewellery & Artefacts will be mandatory across the nation from 15th January, 2020: Ram Vilas Paswan

ABS News Service/ 02.12.2019

 

India Trade Policy Review at WTO in Sept 2020

ABS News Service/ 02.12.2019

 

SAFEGUARD MEASURES

WTO Committee Reviews Record Number of Safeguard Actions

·    A record 45 notifications of safeguard actions taken by WTO members

·    United States Launches 28 Safeguard Investigations

ABS News Service/ 27.11.2019

 

Double Taxation Avoidance Agreement between India and Chile Approved

ABS News Service/ 27.11.2019

 

Cabinet Approves Extension of Norms for Mandatory Packaging of Foodgrains and Sugar in Jute Materials

ABS News Service/ 27.11.2019

 

Appellate Body at WTO may Become Dysfunctional from December 11

ABS News Service/ 25.11.2019

 

Top USTR Team in India to Finalise Mini-Trade Package

ABS News Service/ 25.11.2019

 

Trade Restrictions among G20 Economies Remain at Historic Highs

ABS News Service/ 25.11.2019

 

Monitoring System for Steel Imports

ABS News Service/ 23.11.2019

 

Steel Imports - Japan Flags Concern over Dumping Probe by India at WTO

ABS News Service/ 23.11.2019

 

Members Press EU and UK to Address Concerns of Reduced Market Access following Brexit

·   EU's trade remedies and non-tariff barriers

·   China's restrictions on imported scrap materials

·   Indonesia's trade policies and practices

·   India's quantitative restrictions on imported pulses

·   Progress on beverage taxes and car import measures

·   United States measures on ICT products

ABS News Service/ 23.11.2019

 

TECHNICAL BARRIERS TO TRADE

WTO Members Discuss Product Quality, Safety and Standards, Debate New Trade Concerns

ABS News Service/ 22.11.2019

 

“Electronic Components Trade Falls, WTO Index for Trade in this Segment Falls to 88.2 below Baseline Value of 100”

·    Falling Trend Shows Shrinkage in World Market for Electronics

ABS News Service/ 22.11.2019

 

European Union Initiates WTO Dispute against Colombian Duties on Frozen Fries

ABS News Service/ 22.11.2019

 

Cabinet Approves Taxation Laws (Amendment) Bill, 2019

ABS News Service/ 22.11.2019

 

Cabinet Approves Proposal For enactment of Recycling of Ships Bill, 2019

·    Accession to the Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships, 2009

ABS News Service/ 22.11.2019

 

DGTR Simplifies Process to Protect Domestic Industry from Unfair Trade Practices

·    Two Cases of Bilateral Safeguards Filed this Year

MoC&I Press Release dated 20.11.2019

 

Export-Import of Agricultural Products

ABS News Service/ 22.11.2019

 

Cabinet Clears Bill to Replace Ordinance on Tax Reduction

ABS News Service/ 22.11.2019

 

Tax Exemptions to Indian Exporters

ABS News Service/ 22.11.2019

 

India Appeals Panel Report regarding Export Promotion Measures

ABS News Service/ 20.11.2019

 

India, South Africa Adopt Tough Stand on E-commerce Moratorium

ABS News Service/ 20.11.2019

 

MRPL Makes First Export Shipment of BS-VI-Grade Diesel

ABS News Service/ 20.11.2019

 

Defence Export Policy Opened up, Minister Highlights Past Actions

Min of Defence Press Release dated 18.11.2019

 

India Hosts KPCS (Kimberley Process for Diamond Origin) Plenary 2019 on 18 to 22 Nov’2019

MoC&I Press Release dated 18 November 2019

 

Oct Exports Fall by 1.11 percent, Imports Decline Showing Slow Down in Economy

·    FIEO Complains of Hold up in MEIS Disbursal Drawback too affected as Liquidity Dries up in Government System

·    FIEO Calls for Action on MEIS and Drawback and GST Refund

ABS News Service/16.11.2019

 

BRICS Business Council Created A Roadmap to Achieve $ 500 billion Intra-BRICS Trade Target by the next Summit, says PM Modi

·      PM requests BRICS Countries and NDB to Join Coalition for Disaster Resilient Infrastructure Initiative

·     PM Modi Participates in Leaders Dialogue with BRICS Business Council and New Development Bank

ABS News Service/15.11.2019

 

India to Host the 8th International Conference on Agricultural Statistics in New Delhi from 18 to 21 Nov’2019

·     Union Agriculture Minister Narendra Singh Tomar to inaugurate the event and Bill Gates to be the Chief Guest

ABS News Service/15.11.2019

 

Norms of Aadhaar KYC are Eased, not of the Change of Address in Aadhaar

Ministry of Finance Press Release dated 14.11.2019

 

Racket of Issuance of Fake Invoices Involving GST of Rs 22 crores Busted

Min of Finance Press Release dated 15.11.2019

 

SANITARY AND PHYTOSANITARY MEASURES

SPS Committee Addresses New Trade Concerns, Hears Update on Transparency

ABS News Service/15.11.2019

 

GSTR-9 and GSTR -9C Annual Return Simplified, Many Fields Declared Optional

·    Tax Payers need not give breakup on ITC

·    HSN Level Information to be provided only from Next Financial Year, 2019-20 Onwards

·    Previous Year HSN for 2017-18 and 2018-19 not Required

Ministry of Finance Press Release dated 14.11.2019

 

No Refunds if Claim is not Filed in Time in Appeal

·  Note on CVD Refund – Impact Post ITC Judgement of SC(1)

ABS News Service/12.11.2019

 

Prime Minister to Attend BRICS Summit at Brazil from 13th to 14th November

PMO Press Release dated 11 November 2019

 

Peter Varghese, Former Foreign Secy of Australia Calls India to RCEP

·    Points to Scope in Services and Minerals in India Aussie Relations

ABS News Service/12.11.2019

 

Govt Notifies Steel Scrapping Policy, Mandates Discounts on Junking Old Cars

·      OEMs, dealers to aid the collection of old vehicles, recyclable spares through the take-back scheme, or by setting up scrapping centres or through tie-ups with such facilities

ABS News Service/ 09.11.2019

 

Any ‘Further Decision’ on RCEP can be taken only if other Members Address our Concerns, says MEA

ABS News Service/08.11.2019

 

RCEP Members will Work with India to Sort Its Sensitivities: New Zealand Trade Minister

ABS News Service/08.11.2019

 

WTO Members Review Preferences Granted to LDCs’ Service Suppliers

·    Enhancing LDCs' participation in services trade

·    Improving transparency

·    Concerns about cybersecurity measures

·    Access to markets for foreigners

·    Workshop on financial technology

ABS News Service/ 07.11.2019

 

Azevêdo Urges Ministers to Step Up Work on the Road to MC12

Pleads for Continuous Reform, Specific Reform Program not a Good Idea

ABS News Service/ 07.11.2019

 

Khadi Gets Separate Unique HS Code, Export to Get a Boost

ABS News Service/ 07.11.2019

 

Agriculture Ministry Relaxes Fumigation Condition on Imported Onion upto 30 Nov 2019

Min of Agriculture Press Release dated 6 November 2019

 

Cabinet Approves Protocol Amending Double Taxation Avoidance Convention (DTAC) between India and Brazil

ABS News Service/ 07.11.2019

 

Cabinet Approves Special Window for Funding of Stalled Affordable and Middle-Income Housing Projects

ABS News Service/ 07.11.2019

 

India Exploring Trade Agreements with USA & EU

·   FTAs with Japan, Korea & ASEAN being Reviewed

·   No Trade Agreements in a hurry, says Piyush Goyal

MoC&I Press Release dated 5 November 2019

 

No Separate Environmental Clearance Required to Produce Additional Ethanol from B-heavy Molasses, says Javadekar

MoE&F Press Release dated 5 November 2019

 

Pre-import in Advance Authorisation and IGST – Supreme Court to Rule – DRI Complicates Export Promotion

ABS News Service/05.11.2019

 

Agriculture Committee Adopts Report on Implementation of Bali Decision on Tariff Quotas

ABS News Service/05.11.2019

 

India Out of RCEP for the Time Being

ABS News Service/05.11.2019

 

India comes in the Way of Concluding RCEP in Bangkok Meet

·   Final Signing Postponed to Feb 2020

·   India does want Negotiation from 2010 Tariff Rates when Peak Tariff was 10%, after this we raised duties to 20% on some 4000 plus Tariff Lines

·   Transition Period for India should start with Current base Year and not 2010 as Demanded by China

·   US Downgrades Summit, Trump does not come Personally but Deputes Commerce Secy Ross to Substitute

ABS News Service/04.11.2019

 

Prime Minister Participate in East Asia and RCEP Summit in Bangkok

PIB Press Release dated 4th November 2019

 

ATITHI: Mobile App for International Travelers to File the Customs Declaration in Advance of Landing

·   Finance Minister Launches Two New IT Initiatives -ICEDASH & ATITHI for improved Monitoring and Pace of Customs Clearance of Imported goods and facilitating arriving international passengers

·   ICEDASH: Ease of Doing Business monitoring dashboard of the Indian Customs helping public see the daily Customs clearance times of import cargo

PIB Press Release dated 4th November 2019

 

Ease of Doing Business – Manufacturing in BOND, a Substantial Initiative of the Government of India, Trade should make full use of it and benefit, don’t worry, its WTO Compliant

Nishchal Padhya- Foreign Trade Consultant & Managing Director – Siddhartha Logistics FTWZ Pvt. Ltd. Dated 04.11.2019

 

US wants India to Open Up more Sectors for Its Companies

·    New Delhi Asks for Chabahar Port in Iran to be Exempted from Economic Sanctions

·    Oil Supplies from Iran may be Substituted from other Sources

·    India Prepares for G20 Presidency in 2022

ABS News Service/02.11.2019

 

WTO Dispute Settlement Panel Finds Leading Export Promotion Schemes Incompatible with its Rules on Prohibition of Export Subsidies

·      Four Schemes viz. MEIS, EPCG, SEZ/ EOU and DFIA shot down.

·      Only Advance Authorisation (Import before Export) and Duty Drawback remain, along with specific subsidies for particular industries (Transport and Market Assistance for Agro export).

·      120 days’ time granted for withdrawal, 180 days for SEZ.

·      India may appeal; but Appellate body dysfunctional from December 2019.

·      India’s refusal to implement can result in countervailing duty in importing countries. 12 other countries including China, Korea, European Union etc. join disputes as third parties.

USTR Press Release dated 31.10.2019

 

Rs 95,380 crore Gross GST Revenue collected in October

Ministry Finance Press Release dated 01.11.2019

 

Status Report on Implementation of Several Measures Announced by Finance Minister to Boost Economy

Ministry of Finance Press Release dated 31 October 2019

 

Fear-psychosis Around FTAs must be Overcome, says Goyal

·         Govt will weigh all aspects carefully before signing pacts, says Commerce Minister

ABS News Service/ 31.10.2019

 

Japan Tries to Convince China to Relax Demands on India in RCEP Deal

·    Sections of Indian industry, farmers and dairy sector have expressed concerns over the mega trade deal

ABS News Service/ 30.10.2019

 

Commerce Ministry Considers 5-Year Extension of Income Tax Benefits for SEZ Units

ABS News Service/25.10.2019

 

China Submits Revised Offer for Joining Government Procurement Pact

ABS News Service/25.10.2019

 

Members Debate Way Forward on Non-violation Complaints at TRIPS Council

·   Non-violation and situation complaints

·   IP and innovation: public-private collaborations in innovation

·   IP and the public interest: R&D costs and pricing of medicines and health technologies

·   Inclusive approach to transparency and notification requirements

·   Incentives for technology transfer to least-developed countries

ABS News Service/25.10.2019

 

WTO Members Mark Milestone in Implementation of Trade Facilitation Agreement

ABS News Service/25.10.2019

 

Amit Yadav Appointed as New DGFT

No. 36/02/2019-EO(SM-1) dated 23 October 2019

 

Direct Shipment Requirements on Preference Use by LDCs Kills Trade

·   Only Half the LDC Shipments Get the Benefit in Land Locked Countries

·   China Emerges as Biggest Defaulter

ABS News Service/24.10.2019

 

Norway gives NOK 12mn to Help Poorer Countries Take Part in Multilateral Trade Talks

·   Emphasis on Fisheries

ABS News Service/24.10.2019

 

Sitharaman has a Word with US Treasury Secy on Trade Talks

ABS News Service/21.10.2019

 

New Rules of Origin Initiative to Help Firms Better Utilize Trade Preferences

·    Rules of Origin Facilitator provides firms with free access to a unique searchable database on duty savings in trade agreements

ABS News Service/18.10.2019

 

WTO General Council Elects Bakhyt Sultanov of Kazakhstan as Chair for MC12

ABS News Service/18.10.2019

 

Export Shrink 6.57% in Sept 2019, Imports 13.85%

ABS News Service/16.10.2019

 

Facilitators Consult Members on Latest Fisheries Subsidies Proposals

ABS News Service/16.10.2019

 

Power Minister RK Singh Approves Amendments in Electric Vehicle (EV) Charging Guidelines and Specifications

·    ‘Revised Guidelines will Address the Concerns of EV Owners’ says the Minister

·    At least one Charging Station to be available in a grid of 3 Km x 3 Km in the Cities and one Charging Station at every 25 Km on both sides of Highways/Roads

·    All Mega Cities & Expressways Connected to these Mega Cities to be taken up for Coverage in first Phase, other Big cities to be taken up in Second Phase

·    For Inter-city Travel, Fast Charging Station to be Installed at every 100 Kms

·    Bureau of Energy Efficiency (BEE) Nominated as the Central Nodal Agency to Facilitate Installation of Charging Infrastructure

Press Release dated 04.10.2019

 

RCEP in Vietnam for Final Talks

·    Final RCEP Result Due in Two Months

ABS News Service/ 24.09.2019

 

Indonesia Launches Safeguard Investigation on Fabrics, Yarn and Curtains

ABS News Service/ 24.09.2019

 

Income Tax Window for Project Imports @15% Tax with Used Machinery Opens from 1 October 2019

The Taxation Laws (Amendment) Ordinance, 2019 No 15 of 2019 dated 20th September 2019

 

GST Council Decisions on GST Rate on Goods Reduction

·   Changes effective from 1 Oct 2019

Ministry of finance Press Release dated 20 September 2019

 

GST Council Decisions on GST Rate Changes on Services

·   Hospitality and tourism

·   Job work service

·   Warehousing

·   Transportation

·   Insurance

·   Export promotion

·   Miscellaneous

·   Rationalization/ Trade Facilitation Measures

·   Clarifications

Ministry of finance Press Release dated 20 September 2019

 

GST Council Recommendation on Changes in Law and Procedure

Ministry of finance Press Release dated 20 September 2019

 

Corporate Tax Rates Slashed to 22% for Domestic Companies

·   15% for New Domestic Manufacturing Companies

Ministry of finance Press Release dated 20 September 2019

 

Name Changes in DPIIT Rules

·   Ministry of Industry (Department of Industrial Development)” or “Ministry of Industrial Development Name Changed as Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade

·   Grant of Licence or permission extended to five months from three months

·   Registration and Licensing of Industrial Undertakings Rules, 1952 Amendments

Ministry of Commerce & Industry Notification of Registration and Licensing of Industrial Undertaking (Amendment) Rules, 2019 dated 20 September 2019

 

Transport Documents from DigiLocker or mParivahan Only Accepted as Genuine

MoRT&H Press Release dated 20 September 2019

 

GST Registration Link to Aadhaar, may be must for Refunds

ABS News Service/ 21.09.2019

 

RBI Hikes Loan Cap to Rs. 40 cr for Small Exporters

ABS News Service/ 21.09.2019

 

US lifts Tariffs on 400 Chinese Products

ABS News Service/ 21.09.2019

 

Civil Body Urges PM to Reject FTA with US

ABS News Service/ 21.09.2019

 

Joint Economic Commission between India and Belgium Luxembourg Economic Union

MoC&I Press Release dated 19 September 2019

 

E-Cigarette (Nicotine Vaping) Ban Ordinance Approved

·   Fine and/or Jail for Offence

PIB Press Release dated 18th September 2019

 

Foreign Direct Investment (FDI) Policy Reviewed

·   Coal and Lignite Mining FDI

·   Uploading/ Streaming of News &Current Affairs through Digital Media

·   Contract Manufacturing

·   Single Brand Retail Trading

DPIIT Press Note No. 4 (2019 Series) dated 18.09.2019

 

Trade Interests, not Diplomacy, will Decide the RCEP Pact, says Jaishankar

ABS News Service/ 18.09.2019

 

Steel Import Monitoring System Launched

·    SIMS to Give Advance Information About Steel Imports to Government and Stake Holders

MoC&I Press Release dated 16 September 2019

 

ECGC Introduces Nirvik to Enhance Loan Availability for Exporters

·    Nirvik will Ease Lending Process, says Piyush Goyal

MoC&I Press Release dated 16 September 2019

 

Commerce Ministry through ECGC Raises Insurance Cover for Banks up to 90% for Working Capital Loans

·    Enhanced cover to ensure Forex and Rupee Export Credit

·    Stimulus package to enhance volume of Export Credit Lending

MoC&I Press Release dated 16 September 2019

 

Commerce Ministry Launches Common Digital Platform for Issuance of Electronic Certificates of Origin

·    Digital Platform to Give Single Point Access to Exporters

MoC&I Press Release dated 16 September 2019

 

Measures to Enhance IPR Ecosystem through Lower Fees

·    Nurturing Innovation and Creativity in a Knowledge Economy Essential - Piyush Goyal

MoC&I Press Release dated 16 September 2019

 

RoDT on EP to Replace MEIS on 1 Jan 2020

·   New Scheme to have Cap of 2% for WTO Compatibility Announced

·   DGFT Alok Chaturvedi says no loss to Exporters at Rs. 50k crs Budget to be Set Aside on Lines of MEIS under New Scheme

ABS News Service/ 14.09.2019

 

Exports down 6% in August as most major sectors falter

·   Sharper fall in imports narrows trade deficit to $13.45 billion

ABS News Service/ 14.09.2019

 

Negative growth in exports show worsening global economic conditions and pointing to further downward revision of global trade growth: Sharad Kumar Saraf, President, FIEO

ABS News Service/ 14.09.2019

 

Exports Crash by USD 1.5bn in Aug, Electronics and Iron Ore only Silver Lining

·   Imports of Cotton and Steel Shoot up as Gold Falls

MoC&I Press Release dated 13.09.2019

 

Goa GST Meet: ‘Rate Rationalisation’ to be Core of Discussion on Rate-Cut Proposals

ABS News Service/ 14.09.2019

 

As States Push for GST Compensation for 3 more years, No End to Cess Pain

ABS News Service/ 14.09.2019

 

Delhi Declaration, an Ambitious Statement of Global Action by each Country on how to Achieve Land Degradation Neutrality: Union Environment Minister

·   Calls for Synergy between All Three Rio Conventions

MoE&F Press Release dated 13 September 2019

 

Ravi Shankar Prasad to hold Round Table Discussions with Prominent CEOs of the Electronics Industry

PIB Press Release dated 13th September 2019

 

No Industrial Licence/Arms Licence Required for the Manufacture of any Parts or Accessories in Defence Sector

Press Note No. 2 (2019 Series) dated 12.09.2019

 

Compulsory Licensing of Cigars and Tobacco, Defence Equipments, Industrial Explosives and Hazardous Chemical - Withdrawal of Press Note No. 17 (1984 Series) Withdrawn

Press Note No. 3 (2019 Series) dated 12.09.2019

 

Scheme for Export Credit to be Announced Soon, says Piyush Goyal

·    ECGC procedures being made Exporter Friendly

·    Day-long board of trade meeting concludes

MoC&I Press Release dated 12.09.2019

 

Goyal Addresses Board of Trade Meeting

·    Right Time Now to Expand India’s Export Footprint Globally: Piyush Goyal

·    Every District to Transform Into an Export Hub: Commerce Minister

·    Leads Index 2019 Released: Gujarat Tops Logistics Index

ABS News Service/ 13.09.2019

 

DGGI and DRI Raid at 336 Different Locations Across the Country on 11 Sept

·    Biggest ever pan-India joint operation by Directorate General of GST Intelligence and Directorate General of Revenue Intelligence against fraudulently claiming refund of IGST by exporters

·    DGGI & DRI crackdown involves about 1200 officers

Ministry of Finance Press Release dated 12.09.2019

 

Marking Must on Package Even in a E-labelling Cases

Registration/CRS E&IT & Solar Goods dated 06.09.2019

 

India to Align Trade Remedy Rules with Global Best Practices

ABS News Service/ 12.09.2019

 

Joint Statement of 16th AEM-India Consultations

PIB Press Release dated 10.09.2019

 

US China Trade War Casts Shadow Over RCEP Meet in Bangkok

·    Joint Statement of 7th RCEP Ministerial Meeting Held in Bangkok

Ministry of Commerce & Industry Press Release dated 09.09.2019

 

Sixth India-China Strategic Economic Dialogue (SED) Concludes

·    New Working Group on Pharma Constituted

NITI Aayog Press Release dated 09.09.2019

 

Dispute Settlement

·   Chinese Taipei Initiates WTO Dispute Complaint against Indian Tech Tariffs

·   Thailand Appeals Second Compliance Panel Report regarding Thai Cigarette Import Measures

ABS News Service/ 10.09.2019

 

Commerce Minister to Meet Exporters on September 11 to Discuss Measures to Push Export

·    MEIS Case Decision at WTO Due this Month

ABS News Service/ 05.09.2019

 

India, Russia Agree to Step up Trade to $30 bn by 2025

ABS News Service/ 05.09.2019

 

China Initiates WTO Dispute against Additional US Duties on Chinese Imports

Jordan Launches Safeguard Investigation on Potato Chips

ABS News Service/ 05.09.2019

 

Govt Restores Duty-Free Replenishment Facility for Jewellery Exporters

ABS News Service/ 03.09.2019

 

India Takes Over COP Presidency from China for Next Two Years

·   India will Highlight its Leadership in Navigating the Land Management Agenda at Global Level

ABS News Service/ 03.09.2019

 

FIEO Immediate Past President Ganesh Kumar Gupta (1952-2019) is no more

FIEO/PUB/PR/38/19 dated 30th August 2019

 

CBIC Chairman PK Dash Elected to Director Post in WCO, to Join Post in Jan 2020

WCO

 

Cabinet Approves Proposal for Review of FDI Policy on Various Sectors

PIB Press Release dated 28 August 2019

 

Cabinet Approves Sugar Export Policy for Evacuation of Surplus Stocks During Sugar Season 2019-20

·      About 60 lakh tonnes Sugar to be Exported this Financial Year

PIB Press Release dated 28th August 2019

 

New E-commerce Norms Set to become Mandatory by Year-End

ABS News Service/ 29.08.2019

 

DG Azevêdo Tells G7 Leaders: WTO Reform is Opportunity to Tackle Inequalities

ABS News Service/27.08.2019

 

G7 Leaders’ Declaration - Biarritz, France, 26 August 2019

ABS News Service/27.08.2019

 

Amnesty with Discounts of 40% to 70% Offered for Past Cases of Service Tax and Excise

·   One Time Settlement to Close Legacy Disputes

·   Sabka Vishwas - Legacy Dispute Resolution Scheme notified ; to be operationalized from 1st September 2019

·   Government expects Scheme to be availed by large number of taxpayers for closing their pending disputes relating to legacy Service Tax and Central Excise cases

PIB Press Release/22.08.2019

 

Dr Ajay Kumar Appointed Defence Secretary

MoD Press Release dated 22.08.2019

 

WTO Reforms Must be Taken Up by All Member Countries, says Piyush Goyal

·   Commerce & Industry Minister Addresses the South-South and Triangular Cooperation

MoC&I Press Release dated 22.08.2019

 

More than 5000 Consignments for Printed Books Stuck at Foreign Post Office Bombay as Modi Govt Bans Imports through Postal Channel in Budget 2019

·   Books must be imported by Air in regular Consignments with High Freight Cost

·   5.5% Customs Duty must be Paid through Bill of Entry Filing at Port with Importer Exporter Code

·   Remittance for Invoice through regular Banking Channel and RBI Exchange Control Oversight

ABS News Service/22.08.2019

 

Attention: GST Taxpayers!
31st August, 2019 is the last date to file your Annual Return (GSTR-9, GSTR-9A & GSTR-9C).All GST Taxpayers are kindly requested to file their respective returns in time.

ABS News Service/22.08.2019

 

GST Mela for Annual Return-Daman Commissionerate

ABS News Service/22.08.2019

 

Adani to Buy 70% Stake in Krishnapatnam Port for over ₹5,500 crore

ABS News Service/21.08.2019

 

July Exports Stagnate at $26.33 bn, Official Gold Imports Crash

MoC&I Press Release/ 14.08.2019

 

DGGI (HQs) Arrests Two in Cases of Fraudulent IGST Refund Claims

MoE Press Release dated 16.08.2019

 

New Panels Established to Review US Solar Cell Duties, Indian Sugar Programmes

ABS News Service/19.08.2019

 

Revamped Trade Indicator Suggests further Weakening of Goods Trade into Third Quarter

ABS News Service/16.08.2019

 

US Appeals against WTO Ruling favouring India in Renewables Case

ABS News Service/16.08.2019

 

Pakistan Prohibits all Imports from India, Equates Indian Origin Goods with those of Israel

·    Rs 17930 cr worth of Goods in Annual Export and Import Trade Affected by Bans between the Two Neighbours in Last five Months

ABS News Service/ 10.08.2019

 

DGFT Asks Exporters to Check on its website if RCMC Data Uploaded by Export Promotion Council

DGFT Website

 

Korean Request for Retaliation with Suspension of Concessions on $350mn Goods against US in Dumping Dispute Referred to Arbitration

ABS News Service/ 10.08.2019

 

Piyush Goyal to Lead Delegation to Vladivostok to Explore Investment Opportunities in Russia’s Far East Region

·    BJP CMs to Accompany Minister

MoC&I Press Release dated 9 August 2019

 

Additional Liquid Cargo Jetty Worth Rs 309 Crore to Come Up at JNPT

·    Shipping Minister Mansukh Mandaviya Says the New Liquid Jetty will Enhance the Port’s Capacity by around 4 MTPA

Ministry of Shipping Press Release dated 9 August 2019

 

FIEO Hails J&K Action on Modi

·    Claims Positive Impact on Trade and Investment

FIEO Press Release dated 7 August 2019

 

Pakistan Expels India’s Envoy, to Suspend Bilateral Trade

·    Will Take Up J&K Issue with UN Security Council

ABS News Service/ 08.08.2019

 

RBI Trims Repo Rate by 35 bps

·    Unveils a Measures to Boost Consumer Credit

ABS News Service/ 08.08.2019

 

BIS Certification for Pashmina Products

Min of Textiles Press Release dated 2 August 2019

 

India Participates in 8th RCEP Inter-Sessional Ministerial Meeting in Beijing

Min of C&I Press Release dated 3 August 2019

 

Kerala Flood Cess Rules 2019 Amended

Notification No. S.R.O. No. 505/2019 G.O.(P)No.116/2019/Taxes dated 30th July, 2019

 

Commerce Minister Holds Discussions with CEOs of Indian IT Companies; Urges them to Explore New Markets

Min of C&I Press Release dated 1 August 2019

 

India to Conduct First National Time Release Study to Enable Faster Movement of Cargo Across Borders to Benefit Traders

MoF Press Release dated 1 August 2019

 

₹1,02,083 crore Total Gross GST Revenue Collected in July 2019

MoF Press Release dated 1 August 2019

 

Exports to Contribute USD1 trillion in USD 5 trillion Economy

·  Government to Facilitate Exports with China

Min of C&I Press Release dated 31 July, 2019

 

Stiff Fines in Motor Vehicles Act Passed by Parliament

Min of RT&H Press Release dated 31 July 2019

 

CAG for Invoice Matching in GST – First Audit Report Released

ABS News Service/ 31.07.2019

 

Rajiv Kumar Appointed as Finance Secretary

PIB Press Release dated 30th July 2019

 

Kerala Flood Cess not Applicable on Supply in Furtherance of Business

ABS News Service/ 30.07.2019

 

Six Monthly Fitness Testing for Vehicles Over 15 Years

·   Draft Notification Released

MoRT&H Press Release dated 26 July 2019

 

Silk Samagra Scheme for Silk Industry

Min of Textiles Press Release dated 26 July 2019

 

Draft National Policy on E-Commerce

Min of C&I Press Release dated 26 July 2019

 

Indian Sugar Subsidies in WTO Panel

·    US Safeguard on Solar Cells also Covered

ABS News Service/ 27.07.2019

 

Govt Alkaloid Factory Allowed to Send Samples to Drug Law Enforcement Agencies

Ministry of Finance (Department of Revenue) Notification dated 25 July 2019

 

Paper Industry Frets as India Gears Up for RCEP Talks

·    Keep Paper, Paperboard in Negative List, says Industry Body

ABS News Service/ 26.07.2019

 

GST Council Meeting Rescheduled for July 27

ABS News Service/ 26.07.2019

 

RCEP Negotiations: Tea Sector Seeks Protection from Tariff Cuts

ABS News Service/ 26.07.2019

 

Use of Geographical Indications (GI) Logo

·    As on 20.07.2019, 301 Indian Products have been Registered as GIs

ABS News Service/ 25.07.2019

 

Parliament Approves Modi Govt's FY20 Budget

ABS News Service/ 24.07.2019

 

Tariff Rate Quotas Proposed by DGTR as Safeguards

·    Safeguards Rules 1997 Amendments Released for Stakeholders Comments

·    31 July Last Date for Comments

ABS News Service/ 23.07.2019

 

5% Standard GST on EUs on the Agenda in GST Council Meet of 25 July

·    Other Subjects on Agenda Includes Lottery, Valuation of Solar Energy

ABS News Service/ 23.07.2019

 

India Seeks to Benefit from US Curbs of China Imports, Prepares List of 151 items for Exports

ABS News Service/ 23.07.2019

 

New Digital Currency Bill to Ban Crypts Currency

Ministry of Finance Press Release dated 22 July 2019

 

WTO Members Prepare for Intensified Fisheries Subsidies Negotiations in September

ABS News Service/ 20.07.2019

 

WTO Members Submit New Proposals to Move Farm Negotiations to “Solution-Finding” Phase

ABS News Service/ 20.07.2019

 

DGGI Headquarters Arrests One Person for Issuing Bogus Invoices without Supply of Goods

ABS News Service/ 20.07.2019

 

Exports Contract 9.71% in June; Trade Deficit Narrows to $15.28 bn as Imports Fall as Oil Crashes

·      Gold Import Up 13%

MoC&I Press Release dated 15 July 2019

 

Decline in Exports Reflects Worsening Global Economic Conditions, says FIEO President

ABS News Service/ 16.07.2019

 

DSB to Take Up Indian Sugar Subsidy in Panel

ABS News Service/ 16.07.2019

 

Goods and Services Trade in June 2019 Estimated to $44.46bn

ABS News Service/ 16.07.2019

 

Joint Statement on BRICS Leaders’ Informal Meeting on the margins of G20 Summit

ABS News Service/ 29.06.2019

 

Sharad Kumar Saraf Elected as New FIEO President

ABS News Service/ 29.06.2019

 

WTO Azevêdo Joins Prime Minister Abe and other Leaders to Launch “Osaka Track” on the Digital Economy

ABS News Service/ 29.06.2019

 

WTO to Launch World Cotton Day on 7 Oct for the Cotton-4 of West Africa (Benin, Burkina Faso, Chad and Mali)

ABS News Service/ 29.06.2019

 

WTO Debates TBT

ABS News Service/ 29.06.2019

 

WTO Report Shows Trade Restrictions among G20 Continuing at Historic High Levels

ABS News Service/ 25.06.2019

 

Govt of India Compulsorily Retires 15 Senior Officers of the Indian Revenue Service (C &CE) with Immediate Effect

ABS News Service/19.06.2019

 

Commerce Minister Holds Meeting with E-Commerce and Tech Companies

ABS News Service/19.06.2019

 

CCI begins Market Study in E-Commerce in India, findings expected at end of August

ABS News Service/19.06.2019

 

Exports Up 3.93 percent in May; Imports too Rise @4.31 percent

PIB Press Release/14.06.2019

 

India- Kyrgyz Republic Joint Declaration during visit of Prime Minister to Kyrgyz Republic

ABS News Service/15.06.2019

 

Cabinet Approves the Special Economic Zones (Amendment) Bill, 2019

ABS News Service/14.06.2019

 

Cabinet Approves Signing of Memorandum of Understanding between India and Kyrgyzstan in the Field of Legal Metrology

ABS News Service/14.06.2019

 

Kimberley Process Intersessional Meeting 2019 in Mumbai

·    India Current Chair of Kimberley Process Certification Scheme

ABS News Service/14.06.2019

 

Commerce Minister Asks for Reciprocal in Market Access in G20 Meeting in Japan

ABS News Service/10.06.2019

 

FM Flags BEPS in Japan Meet of Big Powers of G20

·    Calls for Containment of Oil Prices, Extradition of Economic Offenders to Home Countries

ABS News Service/10.06.2019

 

Pre-Budget Consultations: Finance Minister to Meet Economists, Industry Chambers between June 11-23

ABS News Service/10.06.2019

 

India, Nepal to Amend Trade Treaty to include Waterways for Cargo Transport

ABS News Service/08.06.2019

 

Local Content Measures Scrutinized by WTO Members in Investment Committee (TRIMS)

ABS News Service/08.06.2019

 

Food Safety Standards Launches 2018 Annual Report

ABS News Service/08.06.2019

 

Piyush Chairs First Board of Trade Meet, Promises action within 45 Days

ABS News Service/07.06.2019

 

Piyush Leads Delegation to Trade and Digital Economy to G20 Meet in Japan

ABS News Service/07.06.2019

 

WTO Talks on Huawei, IT Duties, Real Time Data Exchange

ABS News Service/07.06.2019

 

Goods Council Agrees on 2019 Chairs for Subsidiary bodies

ABS News Service/07.06.2019

 

Canada Appeals Panel Report regarding US Dumping Duties on Canadian Lumber

ABS News Service/07.06.2019

 

Agreement for Exchange of Information between India and Marshall Islands notified

ABS News Service/07.06.2019

 

DIPP Issues Draft Copyright (Amendment) Rules, 2019

ABS News Service/ 03.06.2019

 

US Withdrawal of GSP to India may be Set Off with Sops

·    Central and State Tax Rebates Among Proposals

ABS News Service/ 03.06.2019

 

Punjab CM Writes to Modi with 101 Suggestions to Simplify GST 2.0

·    Suggests Maximum of 2 Slabs, Amnesty Scheme, Widening of GST Net to Include Electricity & Petroleum

·    Wants SGST Rate Higher than CGST to Reduce Deficit on States Like Punjab

ABS News Service/ 03.06.2019

 

Trump Terminates GSP to India, Affects $260mn Exports, Claims India Denies US “Access to Market”

ABS News Service/ 01.06.2019

 

Indonesia Lists Benefits of Palm Oil Trade with India

ABS News Service/ 01.06.2019

 

New Commerce Minister Goyal Faces Crucial Negotiations on RCEP, Trade Deal with US

ABS News Service/ 01.06.2019

 

WTO Appellate Body Dysfunctional – Remaining Three Members to Retire by December

·    Launch of the Appellate Body Annual Report for 2018

ABS News Service/ 30.05.2019

 

US removes India, Switzerland from its Currency Monitoring List

·    China, Japan Stay in the List

ABS News Service/ 30.05.2019

 

Textile Industry Body Seeks Policy Support

ABS News Service/ 30.05.2019

 

Textile Industry Needs Flexible Labour Laws, more Favourable Free-Trade Pacts: Expert Panel

ABS News Service/ 30.05.2019

 

Morocco Launches Safeguard Investigation on Hot-Rolled Sheets of Steel

ABS News Service/ 30.05.2019

 

China Joins Mobile Duty Dispute Against India at WTO

·   Thailand Joins Dispute Raised by Japan

ABS News Service/28.05.2019

 

CBDT Issues Draft Notification for Amendment of Form No 10B of the Income Tax Rules, 1962

ABS News Service/23.05.2019

 

WTO Members Consider Sustainability of Palm Oil Trade and Production

ABS News Service/23.05.2019

 

Flash Electronics Files Lawsuit against Royal Enfield in the US for Patent Infringement

ABS News Service/21.05.2019

 

Relief for Importers as Gujarat HC Stays IGST Levy on Ocean Freight

ABS News Service/21.05.2019

 

WTO Quarterly Trade Growth Indicator Still at Nine-Year Low

ABS News Service/21.05.2019

 

Online Submission of Performance Appraisal Reports

Press Note dated 15 May 2019

 

Japan Initiates WTO Dispute Complaint against Indian Tech Tariffs

ABS News Service/15.05.2019

 

Automated GST Refund for Exporters Likely from June

ABS News Service/14.05.2019

 

Cellphones and Laptops on Latest USTR China Tariff List, Drugs Excluded

ABS News Service/14.05.2019

 

Donald Trump says China will be ‘Hurt Very Badly’ if they Retaliate on Tariffs

ABS News Service/14.05.2019

 

Wall Street Rout Worsens as China Hits Back on Trade

ABS News Service/14.05.2019

 

New Delhi WTO Ministerial Meeting of Developing Countries Concludes on 14 May

ABS News Service/14.05.2019

 

Outcome of the WTO Ministerial Meeting of Developing Countries

·         Working Collectively to Strengthening the WTO to Promote Development and Inclusivity

ABS News Service/14.05.2019

 

Philippines Joins on Government Procurement at WTO as Observer

ABS News Service/10.05.2019

 

CBIC Organises Meeting of Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) in Kochi

ABS News Service/09.05.2019

 

India and China Sign Protocol for Export of Indian Chilli Meal

ABS News Service/09.05.2019

 

Indian Business Community in Africa Interacts with Officials through Video Conference

ABS News Service/07.05.2019

 

Wilbur Ross, US Secy of Commerce Meets Prabhu to Discuss GSP and other Trade Issues

·    India is a Big Market for US Exports, Good Response to Business One to One Interactions Promoted by US

ABS News Service/07.05.2019

 

Finance Commission Meets RBI Governor

ABS News Service/07.05.2019

 

EU Releases Proposal on New WTO Rules for Electronic Commerce

ABS News Service/06.05.2019

 

India Warns WTO about EU’s Proposal for E-commerce Rules

ABS News Service/06.05.2019

 

GST Revenue Up to Rs. 1.14 lakh crores in April, IGST Accounts for Share of 0.55 lakh crores

·   Central Disburses States Share of SGST Refund from Balance IGST Credit with It to be Shared in 50:50 Ratio with States

ABS News Service/02.05.2019

 

Pre-Import Condition for Exemption of IGST Condition in Advance Authorisation Case Struck Down by Gujarat High Court

·   Pre-Import Condition not to Apply with Retrospective Effect from the date of 31 October 2017

ABS News Service/02.05.2019

 

Ajay Srivastava Additional DGFT Suggests 10 Customs Reforms in Business Line Article, Direct Port Delivery and Direct Port Entry Suggested

·   Total Reform of Coding, Classification and Description System Suggested

·   Simple Language to be used in Notifications

ABS News Service/02.05.2019

 

Trade Monitoring in WTO in Last Decade - Report

ABS News Service/02.05.2019

 

UN Organisations Statement on Food Safety

ABS News Service/24.04.2019

 

Brexit Extension to Oct Discussed in WTO

ABS News Service/24.04.2019

 

Online Facility for ETA for Electronic Equipments through Self-Declaration on SARAL SANCHAR Portal

·         From 1 May, No Request for Email Procedure will be Entertained

Dept of Telecommunication No. ETA-WPC/Policy/2018-19 dated 12 April 2019

 

New EPR Checklist

ABS News Service/20.04.2019

 

EU Wants Standard Equivalence with India

·    India Emerges as Net Importers of Steel

ABS News Service/18.04.2019

 

Exports Grow to Five Month High of 11% in March 2019

ABS News Service/17.04.2019

 

FIEO Happy Over Exports Hitting $331 bn this Year

ABS News Service/17.04.2019

 

Effective date of Ban on Solid Plastic Waste Import Extended to 31 August 2019

MoEF Office Memorandum dated 7 March 2019

 

Members Advance Work on New Import Licensing Website and Database

ABS News Service/09.04.2019

 

Service Providers can Opt for GST Composition scheme by April 30: CBIC

ABS News Service/09.04.2019

 

Trump Threatens New EU Tariffs on Helicopters, Motorcycles, Cheese and Wine

ABS News Service/09.04.2019

 

WTO Issues Mixed Decision in EU Boeing Subsidy Dispute

ABS News Service/09.04.2019

 

Indian Advance Pricing Agreement Regime Moves Forward with Signing of 18 APAs by CBDT in March, 2019

ABS News Service/05.04.2019

 

FIEO Sees Big Demand for Soya Meal in China

ABS News Service/05.04.2019

 

NuGen Mobility Summit 2019

ABS News Service/05.04.2019

 

WTO Members Consider Six Regional Trade Agreements

·   Economic Partnership Arrangement between Hong Kong, China and Macao, China

·   Chile-Thailand Free Trade Agreement

·   China-Georgia Free Trade Agreement

·  Georgia-European Free Trade Association (EFTA) Free Trade Agreement

ABS News Service/05.04.2019

 

WTO Members Discuss Draft Texts on Fisheries Subsidies Caps and other Approaches

ABS News Service/05.04.2019

 

WORLD TRADE VOLUME GROWTH TO DIP IN 2019

·   India Moves Up One Notch in World Trade Ranking of Exports, Imports of both Goods and Services

·   India Moves UP to 19th Position in World Exports Share, 10th on Import Side

·   China Shows Fall in Exports by 9% but Maintains Overall Top Position in Trade

Growth in 2018 Hit by New Tariffs, Weak Economic Growth

ABS News Service/04.04.2019

 

EU Launches Complaint against India on IT Products, Mobiles at WTO

·   Turkey too in the Net on Pharma

·   Consultation period of 60 days may be followed by Panel

ABS News Service/04.04.2019

 

Commerce to Brainstorm on Exports to China

Commerce & Industry Minister Suresh Prabhu is expected to chair the meeting scheduled on April 4.

ABS News Service/04.04.2019

 

GST Collections Jumped in Last Month Financial Year 2018-19

ABS News Service/02.04.2019

 

India Keen to Re-start Talks on Trade Package with the US

ABS News Service/29.03.2019

 

Cabinet Approves MoU between India and Republic of Korea on Startup Cooperation

ABS News Service/29.03.2019

 

India Must Support All Options to End Crisis at WTO’s Dispute settlement System, says Expert

ABS News Service/29.03.2019

 

Apple Dodges One Import Ban in Qualcomm Fight, Faces Another

ABS News Service/29.03.2019

 

Apple Escapes iPhone Import Ban in Second Qualcomm Case

ABS News Service/29.03.2019

 

New GST Rates on Real Estate at 1% or 5% with ITC

·      80% of Inputs must Pay GST

·      Old Rate of 12% to be Availed before 31.03.2019

PIB Delhi Press Release dated 19th March 2019

 

FIEO Complains to Rupee Appreciation, Asks for Forex Management to keep Rate at Rs. 70 to the Dollar

FIEO Press Release dated 18th March 2019

 

Exports Grow up by 2.44 percent to US$26.67bn in Feb 2019, Imports Fall

MoC&I Press Release dated 15th March 2019

 

Europe India Business Leaders to Meet in Brussels on 10 Apr for Post Brexit Collaborations

ABS News Service/14.03.2019

 

WTO Members Consider New Draft Texts in Second Cluster of Fisheries Subsidies Meetings

ABS News Service/13.03.2019

 

India Eases Plastic Scrap Import Ban

ABS News Service/12.03.2019

 

Brazil, Australia Initiate WTO Dispute Complaints against Indian Sugar Subsidies

ABS News Service/12.03.2019

 

U.S. Presses India to Stop Buying Oil from Venezuela's Maduro: Envoy

ABS News Service/12.03.2019

 

South Africa Launches Safeguard investigation on Threaded Fasteners of Iron or Steel

ABS News Service/12.03.2019

 

Perspectives and Priorities of LDCs must be Heard in Debate on WTO Future, DG Azevêdo

ABS News Service/12.03.2019

 

Water Efficiency Along with Power Efficiency Graded in Star Rating by BEE

·    Star Rating Programme Launched for Microwave Ovens and Washing Machines; expected to save over 3.0 Billion Units by 2030

·    National Energy Efficiency Strategy Plan 2031 – UNNATEE (Unlocking NATional Energy Efficiency potential) also Launched

ABS News Service/09.03.2019

 

Subhash Chandra Garg Appointed as Finance Secretary

ABS News Service/09.03.2019

 

Hank Yarn Proportion Reduced to 40 percent

ABS News Service/08.03.2019

 

Advanced Breaking System for Vehicles Must from April 2021

ABS News Service/08.03.2019

 

Generic Name and Warning on Drugs to be Displayed in Larger Type

Ministry of Health and Family Welfare G.S.R.187(E) dated 6th March 2019

 

Textiles Ministry Revises Additional Incentive for Garments and Made-up Sectors to Compensate for Unrebated Central Taxes and Levies

·   New Scheme named RoSCTL (Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups) along with State Taxes Covered under RoSL

·   Old Scheme RoSL Discontinued from 7 March 2019

·   Reimbursement to be Streamlined by Transferable Scrip on the Lines of MEIS

·   Garments under Chapter 61 and 62 in the Drawback Schedule and Made-ups in Chapter 63 Covered

·   Rates of Rebate and Value Caps Recommended by Drawback Committee to be Notified with the Value Cap

·   Textile Commissioner Out of the Picture, DGFT to issue RoSCTL Scrip with Budget from Textiles Ministry

·   Annual Rs. 6300 crores Revenue Implication

Ministry of Textile Notification dated 7th March 2019

 

Hydroquinone Included in Schedule H of DCR (Drugs and Cosmetics Rules)

Ministry of Health and Family Welfare Notification G.S.R.186(E) dated 6th March 2019

 

Amendment in Hazardous Waste (Management & Transboundary Movement) Rules, 2016

·    Plastic Waste Import in SEZ and EOU Banned

·    Movements come to a Dead Stop at Ports since Transition Arrangements to cover Prior Commitments not Covered

·    Silk Waste Exports Exempted from MoEF Clearance

·    Mismatch between Environment Rules Removed

·    Re-import of Electronic Goods within One Year of Export Allowed without CPCB Clearance for E-waste

Ministry of Environment, Forest and Climate Change Notification dated 01.03.2019

 

India Mulls another Postponement of Retaliatory Duties on US

·    New Date may be 1 May instead of 1 April

ABS News Service/07.03.2019

 

United States to Terminate GSP for India and Turkey

ABS News Service/07.03.2019

 

IBBI Signs Deal with IFC for Professional Training

ABS News Service/07.03.2019

 

Agri Exports Transport and Marketing Assistance (TMA) Notified

·    All Agri Products from Chapter 1 to 24 Covered with exception for Meat, Sea Food, Dairy, Onions, Wheat, Rice, Lac, Sugar, Molasses, Liquor and Tobacco

·    138 countries covering West Africa, Gulf, North America, South America, Russia, ASEAN, China, Far East

·    Sea Shipments through Full Container loads only, air also allowed. Both normal and reefer containers.

·    Disbursement through Regional Offices of DGFT after payment realization through direct bank transaction for freight paid

·    Detailed procedure for scrutiny of the claims to be notified

·    Current scheme only for 13 months from 1 March 2019 to 31 March 2020

PIB Press Release dated 5th March 2019

 

US to be Withdrawn GSP to India will Hurt $190mn

·    India Threatens to Slap Tariff on US to be Implemented on Revised date of 1 April

ABS News Service/06.03.2019

 

India Shrugs Off US Move to End Preferential Trade Treatment

ABS News Service/06.03.2019

 

US Serves 60 days Notice on GSP Withdrawal on One Third of Indian

·   FIEO Asks for Export Incentives to Compensate Benefit

FIEO Press Release dated 5th March 2019

 

Adani Group’s power SEZ gets Centre’s nod post norms tweak

·   Project in Jharkhand to span 425 hectares

ABS News Service/05.03.2019

 

India’s MSP programme for Pulses under WTO Lens

·   Canada, US Serve Counter-Notification to India

ABS News Service/05.03.2019

 

Jaitley Releases Compendium of Instructions on GST Refunds and Copy of the Operational Manual on Internal Audit

ABS News Service/05.03.2019

 

WTO Chairpersons for 2019

ABS News Service/05.03.2019

 

SEZ Act Amended to Allow Trusts to Enter Zones

Press Release dated 28 February 2019

 

National Policy on Software Products 2019 Approved

Press Release dated 28 February 2019

 

Aadhaar and Other Laws (Amendment) Ordinance, 2019 Approved

Press Release dated 28 February 2019

 

India-Korea Startup Hub Launched

Press Release dated 28 February 2019

 

National Mineral Policy, 2019 Approved by Cabinet

·    Industry Status to Mining Activity Granted

Press Release dated 28 February 2019

 

eBay Join Hands with FIEO for Promoting Retail Exports - Partnership to further Strengthen Government’s Agenda of Make in India

FIEO Press Release dated 27.02.2019

 

Equipment Type Approval (ETA) in Exempt Band Liberalised

·    Self-Declaration to Cover All Short Range Devices including Mobiles for Samples

·    National Digital Communication Policy 2018 to Promote Investigation

·    Licence Exemption Spectrum now Covers 5 GHz Band to 605 MHz

DoT Office Memorandum No. ETA-WPC/Policy/2018-19 dated 26th February 2019

 

Stainless Scrap under Heavy Price Pressure

ABS News Service/27.02.2019

 

Strong Start to 2019 for Steel Scrap Prices

ABS News Service/27.02.2019

 

National Policy on Electronics 2019 (NPE-2019)

§     Make in India

§     Digital India

§     Level playing field vis-a-vis competing nations

§     Design and Intellectual Property

§     National security

§     Large investments

§     Semiconductor fabrication

§    Modified Special Incentive Package Scheme (M-SIPS)

Ministry of Electronics and Information Technology Notification No. 26(1)/2019-IPHW dated 25th February 2019

 

Commerce Minister interacts with FPOs on Agri Export Policy

ABS News Service/26.02.2019

 

CBIC Constitutes Three Working Groups to Study and Recommend Facilitate Trade Measures

Press Release dated 23 February 2019

 

CEPC Srinagar Office Inaugurated by Hon'ble Textile Minister on 23 FEB 2019

ABS News Service/25.02.2019

 

FIEO Points Out Defects in MEIS E commerce Policy

FIEO/PUB/PR/13/19 dated 25 February 2019

 

Removal of Tariff Crucial to Achieve Bilateral Trade Target of USD 200 billion by 2022, Chaudhary

ABS News Service/25.02.2019

 

Draft “Manifest and Transhipment Regulations (Aircraft) 2019” Released

·    Dept of Revenue Invites Suggestions

ABS News Service/22.02.2019

 

Cabinet Approves National Policy on Electronics (NPE) 2019

·    Full Detail only after 5 days as Finance Ministry stamp required

·    Emphasis on chipsets

·    Manufacture thru ESDM, exports

·    Interest subsidy and loan guarantee to push Indian companies

·    Sovereign Patent Fund for Chips

·    Targets $400bn by 2025

·    Mobile Phones account 47.5% of product with 100 cr phones New year

·    Export Orientation

·    New Cluster Scheme

·    Common low cost components to be sold by Govt

ABS News Service/20.02.2019

 

Asean Expo under FICCI from 21 Feb at JLN Stadium in Delhi

ABS News Service/20.02.2019

 

CP Rao and Ranjan Routray Join Settlement Commission Bench

ABS News Service/20.02.2019

 

New Oil and Gas Policy Approved by Cabinet

ABS News Service/20.02.2019

 

News Bytes

ABS News Service/20.02.2019

 

Plumbing Exhibition in Goregaon 28 Feb- 2 Mar

ABS News Service/20.02.2019

 

Guidelines for the Customs Brokers’ Examination Candidates

ABS News Service/16.02.2019

 

Exports Grow Marginally by 3.74% in Jan, Imports too Slow Down

ABS News Service/16.02.2019

 

TRIPS Council Launches New Notification System, Discusses Incentives for Technology Transfer

ABS News Service/16.02.2019

 

Prabhu Lauds Export Initiatives

ABS News Service/16.02.2019

 

Indo - U.S. CEO Forum Meets in Delhi

·   US Commerce Secretary Fails to Turn Up

ABS News Service/16.02.2019

 

Plant Quarantine Agencies to Register under e-SANCHIT

Directorate of Plant Protection, Quarantine & Storage Faridabad Office Memorandum dated 11.02.2019

 

Customs Broker Exam Goes Online

·    Examination to be Conducted on 15th March, 2019 at Designated Examination Centers Across India

ABS News Service/11.02.2019

 

Clusters Identified for Promotion of Agri Exports

ABS News Service/08.02.2019

 

Commerce Ministry Invites Comments from Stakeholders on Draft National Logistics Policy

ABS News Service/08.02.2019

 

Commerce Secy Meets Export Promotion Councils to Boost Exports

ABS News Service/08.02.2019

 

Calamity Cess Put on Hold Indefinitely

ABS News Service/08.02.2019

 

Rate Cut will Help Exports but Declining Trend in Exports Credit to be Arrested Immediately, FIEO President

ABS News Service/08.02.2019

 

GST Appellate Tribunal (GSTAT) Approved by Cabinet

PIB Press Release dated 23 January 2019

 

Standby Swap $400mn in Overall USD2bn Facility Approved between SAARC Member

PIB Press Release dated 23rd January 2018

 

Commerce Ministry Invites Suggestions on Baba Kalyani Group Report on SEZ Policy

PIB Press Release dated 22nd January 2019

 

JNPT Emerges as Top 30 Container Port

PIB Press Release dated 22nd January 2018

 

India among World’s Leading Exporters of Creative Goods

ABS News Service/18.01.2019

 

Vegetable oil imports up 11% in December

ABS News Service/18.01.2019

 

Seven Member Group of Ministers (GoM) Constituted for Boosting the Real Estate Sector under the GST Regime by Providing a Composition Scheme for Residential Construction Units among others

PIB Press Release/15.01.2019

 

Cabinet Approves Recapitalisation of Export-Import Bank of India

ABS News Service/17.01.2019

 

Relief for Start-Ups; New Procedure Put in Place for ‘Angel Tax’ Exemption

ABS News Service/17.01.2019

 

Export Growth Slows to 0.34% in Dec 2018

MoC&I Press Release dated 15th January 2019

 

Trade Exhorts Minister for AA Reform with Retrospective Effect

·    Minister Notes Steep Fall in Export Credit Utilisation

ABS News Service/10.01.2019

 

Patent Law to Cover Monsanto Patent on Cotton Seeds

·    Nariman Sinha Overturn HC Verdict on No Patent to GM Seed

ABS News Service/10.01.2019

 

New Agri Export Policy Aims Doubling of Shipment in 4 Years to $60bn

ABS News Service/10.01.2019

 

Revenue Claims 3626 GST Evasion Cases Detected in 9 Months till Dec 2018, Recovery Rate of 66.4% in Evasion of 15278 crs

·    Analytics Directorate in CBIC Detects Cases through Data Mining

ABS News Service/10.01.2019

 

Four Fold Increase in Cotton Production in Last 15 Years Claimed using GM Cotton

ABS News Service/10.01.2019

 

Minister Claim Compulsory Neem Coating of Urea Kills Urea Diversion

ABS News Service/10.01.2019

 

GST Revenue Collection Falls in December 2018

·   Rs. 94,726 crore of total gross GST revenue collected in the month of December

PIB Press Release dated 1 Jan 2019

 

Merchant Exporters to get Interest Equalisation of Three Percent for Pre and Post Shipment Rupee Export Credit

PIB Press Release dated 2nd January 2019

 

Export Promotion Council for MSME Sector

·   Integration of MSME in Global Value Chain with $100bn Exports Proposed

PIB Press Release dated 31st December 2018

 

WTO Sets up Panel on India Complaint against US Duties on Indian Exports of Steel and Aluminium

PIB Press Release dated 31st December 2018

 

New Policy for FDI in e-commerce

PIB Press Release dated 26th December 2018

 

Decisions in GST Council Meet of 22 Dec 2018 to GST Rates on Services

ABS News Service/26.12.2018

 

Big Cuts in GST Likely in 22 Dec Council Meeting

ABS News Service/21.12.2018

 

Minister Says New GST Return Filing System on the Anvil

·    Links between Docs to Check Evasion in the Works

ABS News Service/21.12.2018

 

WTO Members Voice Commitment to Intensify Fisheries Subsidies Negotiations in 2019

ABS News Service/21.12.2018

 

Prabhu Pushes Export to SAARC

ABS News Service/18.12.2018

 

Sugar Mills Threatens with Action for Failing Quarterly Export Target

ABS News Service/17.12.2018

 

Trade Restriction Increases Seven Fold after WTO Weakens

ABS News Service/14.12.2018

 

Korean Won and Turkish Lira Recognised for Customs Valuation Exchange Rate

MoF Press Release dated 12 December 2018

 

Cabinet Approves Agriculture Export Policy, 2018

ABS News Service/07.12.2018

 

DRI concludes discussions with International Customs partner agencies in a two-day meeting held on 4th and 5th December, 2018;

·      Special emphasis made on sharing of data and intelligence between different Customs administrations;

·     Extensive discussions held regarding mutual strategy to counter organized crime related to drugs, precious metals & stones, money laundering and black economy

ABS News Service/07.12.2018

 

WTO Chief Warns of Economic Danger of Trade War

ABS News Service/07.12.2018

 

EU Asks India to Drop Mandatory Quality Testing for Steel Imports

ABS News Service/06.12.2018

 

Rs 2,678 crore ITC Refunds Pending with States, Exporters Too are Short of Rs 2,473 crores on IGST Refund

MoF Press Release dated 03.12.2018

 

Cereal and Vegetable Waste can be Used for Ethanol Extraction Petrol Blending

ABS News Service/29.11.2018

 

UK to Join Government Procurement Agreement at WTO Independent Brexit

ABS News Service/29.11.2018

 

Quadricycles (Four Wheeler or Three Wheeler Body) Notified as Non Transport Vehicles also under MV Act, 1988

Ministry of Road Transport & Highways Press Release dated 23.11.2018

 

US Says No to India on Talks at WTO on 25% Steel and 10% Aluminium Tariffs

·    Second Request on Talks to Result in Panel

·    India’s Retaliatory Tariff on US due on 17 Dec

·    Eight Others including EU and China too in WTO Over US Metal Tariffs

ABS News Service/23.11.2018

 

First Trade War in Offing at NTBs Rise Six Fold in Six Months of May-Oct 2018

ABS News Service/23.11.2018

 

Consuming Nations Protest Agri Export Restrictions

ABS News Service/23.11.2018

 

WTO Goods Council Takes up US Request for Full Transparency in Reporting WTO, Fines and Punishment for Non-adherence to Rules Proposed

·   Full Loaded 37 Items Agenda Proposed, India on the Mat on Mobiles and ICT Tariff

·   Sugar Subsidies from India and China Questioned

·   Five Countries Launch Attack on Pulses Duty in India

·   US Objects to Restrictions on Scrap Import in China

ABS News Service/21.11.2018

 

Australia Takes India to WTO on Sugar Subsidies

ABS News Service/17.11.2018

 

Exports Up to 17.9% to $26.98bn in October

·    Imports too Rise to $44bn, a Rise of 17.6%

·    Gold Imports Fall 42.9% to $1.68bn in Oct

MoC&I Press Release dated 15 November 2018

 

PM Unveils 12 Key Initiatives for MSME Support and Outreach

59 Minute Loan Portal to Enable Easy Access to Credit for MSMEs

·    Mandatory 25 percent Procurement from MSMEs by CPSEs

·    Ordinance for Simplifying Procedures for Minor Offences under Companies Act

ABS News Service/15.11.2018

 

Chairman CBIC Inaugurates Regional Contact Point (RCP) Three Days Meeting of Asia Pacific Region of WCO at Jaipur

·    India Assumes Vice Chair of Asia Pacific Region for WCO

·    Delegations from More than 25 Countries along with Regional Bodies of WCO Attending

ABS News Service/15.11.2018

 

India Secures More Time for RCEP

·    Move Postponed but Major Concessions to ASEAN + Six Accepted

ABS News Service/14.11.2018

 

ITU to Set Up Shop in India in Jan

ABS News Services/09.11.2018

 

Commerce Secy Asks China for Access to Sugar Market

·    India Participates in Import Show in Shanghai

ABS News Services/09.11.2018

 

India Claims Support from Three Asean Members for Freeze on RCEP at Auckland Meet

ABS News Services/09.11.2018

 

Precision Biotechnology Emerges as a Tool for Agricultural Innovation

ABS News Services/09.11.2018

 

FIEOs participation as Lead Agency for India Pavilion at the 1st China International Import Expo (CIIE) in Shanghai

ABS News Services/09.11.2018

 

India on the Mat at WTO for 20% Mobile Duty

·    Rectification of Bound Rate of Zero to Alters Scope of IT Commitment, says Subject Committee

·    China too Hauled up for Duty on Semiconductors

ABS News Service/03.11.2018

 

RFID Tag Must in UP for E-Way Bill

ABS News Service/02.11.2018

 

Govt Claims Good Progress in Customs on “Ease of Doing Business” Front

ABS News Service/02.11.2018

 

US Withdraws GSP to India on 90 Items

·    Handloom Fabrics and Hand Woven Carpets Hit Badly

ABS News Service/02.11.2018

 

Revised Mandatory Standard for Dry Cell Battery

·    With the publication of this revised Indian Standard, IS 9128:1999 is superseded and hence shall be withdrawn after 30 April 2019.

·    Indian Standard i.e. IS 8144:2018 covering all types of Zinc Carbon batteries of different sizes namely R03, R6, R14 and R20 from 1 May 2019 including Heavy Duty Dry Batteries released. Old IS 8144:1997 and 9128:1999 replaced.

ABS News Service/29.10.2018

 

WTO Negotiators Look to Lay Groundwork on Post-Brexit Food Import Quotas

ABS News Service/18.10.2018

 

Finance Ministers Call for Greater Cooperation on Trade, "Shared Challenges": IMF, World Bank Meetings

ABS News Service/18.10.2018

 

Sept Exports Down by 2.15%, Trade Deficit at 5-month low

MoC&I Press Release dated 15 October 2018

 

Merchandise Trade: April - September 2018 and September 2018

MoC&I Press Release dated 15 October 2018

 

Govt Set to Dump Direct Port Delivery Scheme

·    Freight Stations to Get a Fresh Lease of Life

ABS News Service/11.10.2018

 

Commerce Minister Releases Study on India-China Trade

ABS News Service/06.10.2018

 

SEZ Policy Review Committee Holds Final Meeting in New Delhi

ABS News Service/06.10.2018

 

Commerce Minister Chairs Inter-Ministerial Meeting to Promote Economic Growth

ABS News Service/05.10.2018

 

Geographical Indication (GI) Tag for Alphonso Mango from Konkan

ABS News Service/05.10.2018

 

DGFT says Comprehensive Export Strategy Finalised, Outstanding Issues Taken Up with Other Ministries

ABS News Service/04.10.2018

 

Agri Negotiations at WTO – Update

ABS News Service/28.09.2018

 

India Exports Non-basmati Rice to China for the First Time

ABS News Service/28.09.2018

 

Indian Steel Association Announces the First International Steel Conclave in India

ABS News Service/28.09.2018

 

RBI Relaxes SLR Rules to Ease Liquidity Fears

·    Banks Allowed to Use up to 15% of SLR Holdings

ABS News Service/28.09.2018

 

WTO Down Grades Growth in Trade in 3.9% in 2018 from 4.4%

ABS News Service/28.09.2018

 

Consumer Durables and Other “Non Essential” Items Hiked on 26 Sept 2018

ABS News Service/27.09.2018

 

Rising imports from China hit MSMEs hard: House panel

ABS News Service/26.09.2018

 

Auto Out of Charge without Custom Approval Allowed in Chennai Customs

Chennai Customs Brokers’ Association

 

Foreign Standards Accepted for Free Import of Motor Vehicles in M1 or L Category upto 2500 per Year

·    Import through Authorised Reps Must

ABS News Service/21.09.2018

 

Fraudulent ITC of Rs. 79.21 crs Detected in Gurugram

ABS News Service/21.09.2018

 

China Plans Broad Tax Cut on Tariff Next Month

ABS News Service/20.09.2018

 

US, China Prepare to Impose New Round of Tariffs Next Week, Targeting Billions of Dollars in Goods

ABS News Service/20.09.2018

 

G20 Trade Ministers Call for "Urgent" Discussions on WTO Update and Efforts to Boost Confidence in Trade

ABS News Service/20.09.2018

 

Suresh Prabhu Urges G-20 Members to Focus on Services for Enhancing Global Trade

MoC&I Press Release dated 18-09-2018

 

China Retaliates as US Slaps Tariffs

ABS News Service/19.09.2018

 

Govt Plans Hike in Gold Import Duty to Check Rising CAD

·    Move may Hamper Exports, say Jewellers

ABS News Service/19.09.2018

 

Radical Invoicing Proposal could do Away with GST Returns Chore

·    Business-to-Business (B2B) Transactions

·    ‘Distinct Invoice Number’ (DIN)

ABS News Service/19.09.2018

 

FIEO Concerned Over Currency Instability, Notes Up 19% in August at $27.84bn

FIEO Press Release dated 14th September 2018

 

Imports Up 36% in August

·    Balance of Trade Deteriorates by $9bn in August as Gold Import Doubles, Oil Up 65%, Coal 57%

Ministry of Commerce & Industry Press Release dated 14th September 2018

 

2500 Units Import Quota for Foreign Vehicles

·   Notification under Issue

ABS News Service/14.09.2018

 

EPR Authorisation not Required for Electrical and Electronic Eqpt not Listed in Sch. I of E-waste Rules, 2016

·   EPR not Required in Self Consumption Cases

·   Manufacturers Selling to EPR Producers Exempted from EPR

Central Pollution Control Board Clarification dated 13th September 2018

 

Trump Gets Last-Minute Earful from Business Before China Tariffs

ABS News Service/07.09.2018

 

India Meets ASEAN+10 Separately, Pressure Mounts on Concessions

PIB Delhi Press Release dated 1st September 2018

 

ASEAN Allows Self Certification on Origin of Exports and Imports

ABS News Service/07.09.2018

 

ASEAN Accords Digital Integration and E-commerce

ABS News Service/07.09.2018

 

India Pitches for Limited Partnerships in RCEP Submits “Non Paper” for Discussion in 10+6 Body

PIB Delhi Press Release dated 4th September 2018

 

Fourth BIMSTEC Summit Declaration, Kathmandu, Nepal (August 30-31, 2018)

ABS News Service/01.09.2018

 

Member Customs to Head New Working Group with DGFT

ABS News Service/01.09.2018

 

Zero Duty Capital Goods Imports against Employment Generation for WTO Compatibility on the Anvil

ABS News Service/21.08.2018

 

Livestock Exports Banned by Shipping Ministry

·      Merchant Shipping Act Misuse, Vessel Control for Safety Clause used for “Health and Security” of Sheep and Goat Exported for Id Celebration in Gulf

ABS News Service/11.08.2018

 

Third GST Refund Fortnight results in Rs. 3,391 Crs Outflow

ABS News Service/03.08.2018

 

ITC Laundering of 200 crs in Plastic Detected

ABS News Service/03.08.2018

 

Inland Waterways Authority of India Launches Dedicated Portal to Connect Cargo Owners and Shippers with Real Time Data on Availability of Vessels

ABS News Service/03.08.2018

 

FIEO Hails Increase in Limit for Courier Exports and E-commerce Exports

FIEO Press Release dated 27 July 2018

 

10th BRICS Summit Johannesburg Declaration

PIB Press Release dated 26 July 2018

 

WTO Claims Trade Restrictive Measures and Trade Facilitating Measures by Members are Compensatory

ABS News Service/26.07.2018

 

Govt Claims Gold Import Declined of Restriction

·    There are no figures for seizures and smuggling gold which have gone up substantially

ABS News Service/25.07.2018

 

India Seeks More Time to Cut Agri Subsidies

ABS News Service/25.07.2018

 

China Trade Policy Review Concludes, Highlighting IPRs, Industrial Policy, and Transparency

ABS News Service/21.07.2018

 

EU, Japan Leaders Sign Trade Deal, Look Towards 2019 for Entry into Force

ABS News Service/21.07.2018

 

US Files Series of WTO Cases, Targeting Responses to Steel, Aluminium Tariffs

ABS News Service/21.07.2018

 

Reconsider Zero Duties on E-transmission, they Hurt Poor Nations: India, South Africa tell WTO

ABS News Service/20.07.2018

 

India Assumes Vice Chair of Asia Pacific Region for WCO

ABS News Service/17.07.2018

 

SPS Meeting in Geneva on Article 8 and Annex C of Agreement

ABS News Service/17.07.2018

 

BRICS Trade Ministers Look to Closer Economic Ties, Issue Support for Multilateralism

ABS News Service/13.07.2018

 

India Gets Vice Chair of the Asia Pacific Region of WCO for Two Years

ABS News Service/16.07.2018

 

CGST Delhi North Commissionerate Arrests Director of a Company for Evasion of Service Tax

ABS News Service/13.07.2018

 

Major Steps Taken for Reducing Tax Litigations

ABS News Service/13.07.2018

 

Documents signed between India and the Republic of Korea during the State Visit of President of Korea to India

ABS News Service/11.07.2018

 

India, South Korea Set Target of Increasing Trade to $50bn by 2030

ABS News Service/11.07.2018

 

US Tariff on $200bn Import from China

ABS News Service/11.07.2018

 

India, South Korea Sign Five MoUs in Science and Technology

ABS News Service/10.07.2018

 

PM, Korean President, inaugurate mobile manufacturing facility in Noida

ABS News Service/10.07.2018

 

Samsung’s New Unit gives a Nice Ring to ‘Make in India’

ABS News Service/10.07.2018

 

USTR Releases Product Exclusion Process for Chinese Products Subject to Section 301 Tariffs

ABS News Service/07.07.2018

 

China Retaliates with Tariffs after US Begins Trade War

ABS News Service/07.07.2018

 

IBBI Amends Insolvency and Bankruptcy Regulations, 2016

ABS News Service/05.07.2018

 

New Trade Restrictions in G-20 Economies Doubles against Previous Period

ABS News Service/05.07.2019

 

Comprehensive Export Strategy to be Finalised Soon: Commerce Minister

ABS News Service/05.07.2018

 

China to Cut Import Tariffs on Soybean, other Products from India, Asia-Pacific Nations

ABS News Service/02.07.2018

 

India to Provide Tariff Concessions on 3,142 Items to APTA Members

ABS News Service/02.07.2018

 

Cabinet Approves Mechanism for Procurement of Ethanol by Public Sector Oil Marketing Companies (OMCs) to Carry Out the Ethanol Blended Petrol (EBP) Programme

·    Revision of Ethanol Price for Supply to Public Sector OMCs

Cabinet Committee on Economic Affairs (CCEA) Press Release dated 27 June 2018

 

Baba Kalyani Heads Group to Study SEZ Policy Holds its First Meeting in Mid-July

ABS News Services/27.06.2018

 

Livestock Export from Nagpur Airport to Begin This Month

ABS News Services/27.06.2018

 

Visa Exemption to Foreign Designers in Handicrafts Sector

ABS News Services/27.06.2018

 

Farmers to Pay the Price of Tariff Fight with Trump

ABS News Services/27.06.2018

 

Canada is Preparing Steel Quotas, Tariffs on China and Others

ABS News Services/27.06.2018

 

16 More Steel Products Brought under Quality Control Order Covering Overall 85-90% Steel and Steel Products

Ministry of Steel Press Release dated 24.06.2018

 

Government Boost to Manufacturers, Eases Import of Used Machinery

ABS News Service/25.06.2018

 

Krishi Kalyan Cess on Imported Coal Eligible to ITC?

·    No Clean Energy Cess Eligible to ITC under Dispute

·    Cesses can be Subsumed Only under Transitional Credit and Not ITC

ABS News Service/20.06.2018

 

India Claims GSP as a Matter of Right under MFN Clause of WTO

ABS News Service/20.06.2018

 

USTR Issues List of $50bn Chinese Products for 25% Tariff

Another List of $16bn on the Anvil

ABS News Service/20.06.2018

 

Exports Bounce Back Showing 20% Growth in May Over Previous Year

·    Petroleum Products, Chemicals, Pharma, Cotton and Engineering Goods Lead, Garments Fall by 12.6%

ABS New Service/19.06.2018

 

Prabhu Lands in US, Chats with USTR on Trump Agenda

MoC&I Press Release dated 13 June 2018

 

Special Refund Fortnight Extended till 16 Jun 2018

MoF Press Release dated 12 June 2018

 

China Gets Everything It Wanted From Trump's Meeting with Kim

ABS News Service/13.06.2018

 

North Korea Says Trump Agreed to Lift Sanctions after Meeting

ABS News Service/13.06.2018

 

Modi Woos Singapore Grants Trade Concessions in ASEAN FTA for ASEAN Membership

ABS News Service/11.06.2018

 

China Opens Market for Non-Basmati Rice from India in Modi Visit

ABS News Service/11.06.2018

 

EU Commission Outlines Potential Farm Subsidy Cuts in 2021-2027 Proposals

ABS News Service/11.06.2018

 

Baba Kalyani Heads Group to Study SEZ Policy

ABS New Service/06.06.2018

 

Commerce Minister Attends Informal Gathering of WTO in Paris

ABS New Service/06.06.2018

 

Macron Calls for Comprehensive WTO Reforms

ABS News Service/02.06.2018

 

Mexico May Retaliate in Trade War

ABS News Service/02.06.2018

 

Trump's Tariff Hits EU, Canada and Mexico, along with China

ABS News Service/02.06.2018

 

US Launches New Trade Probes into Auto Imports

ABS News Service/02.06.2018

 

Labelling Deficiencies in Food consignments can be Rectified in Customs Bond

No. 1-1570/FSSAI/Imports/ 2015 dated 22 May 2018

 

Foreign Flag Ships Allowed to Carry Transshipments Containers between Indian Ports (Cabotage)

ABS News Service/01.06.2018

 

Section 407 of Merchant Shipping Act Relaxed, Foreign Flag Ships can Carry Local Agri Cargo to the expenses of 50% of Total Cargo

General Order No. 1 of 2018 dated 21 May 2018

 

Indian Shipping Protests against Allowing Cabotage to Foreign Flag Ships

·    Indian Ports and Terminals under Death Sentence as Foreign Terminals in India Line up with Foreign Ships

General Order No. 02 of 2018 dated 22 May 2018

 

E-Transfer for Inspection Fees from Food Importers

·    Inspection Fees for Food Consignments

File No.1-397/FSSAI/Imports/ 2013 (Part 1) Dated 8 January 2018

 

Dispute Settlement Panel Set-up on India’s Subsidy Case on US Complaint

·    Nine Countries including, EU, China, Japan, Korea, Russia and Sri Lanka Implead themselves in Case as Third Party

·    Shadow Over MEIS Future, India Case on Export Subsidy under Article 4.4 of Anti-Subsidy Agreements Weak

·    Final Findings can be used by Government’s to Impose Countervailing Duty on Indian Exports, Action at WTO likely to be inconclusive since Appellate Body System under Virtual Collapse following Disputes Over Member Selection

ABS News Service/01.06.2018

 

Foreign Flag Ships Allowed to Carry Transshipments Containers between Indian Ports (Cabotage)

ABS News Service/01.06.2018

 

USTR for Zero Duty on Harley Motor Cycle, Raise Demand at Upcoming Meeting with Suresh Prabhu

ABS News Service/31.05.2018

 

FIEO Hopes for Growth of $350 bn in Exports in 2018-19 based on Rupee Devaluation and Revival or Demands, Rise in Petrol Prices

FIEO Press Release dated 29.05.2018

 

Solar Plants is Composite Service @18% GST or @5% as Independent Service

ABS News Service/31.05.2018

 

Going Concern Sale. – It is not Transfer of Goods – Only Supply of Service

ABS News Service/31.05.2018

 

India Mobilises Over 100 to Amend TRIPS, Patents to Disclose Source of Genetic Resource

·    International Conference on the TRIPS CBD Linkage 7-8 June 2018 in Geneva

ABS News Service/31.05.2018

 

India to Attend WTO Members Meet in Paris

ABS News Service/28.05.2018

 

Port Workers Union Calls for All India Strike on Monday, 30 May

ABS News Service/24.05.2018

 

India Goes into Formal Consultation Move with US on Safeguards of Steel and Aluminium

ABS News Service/24.05.2018

 

India Wants Source of Biological Resources in Patent Applications, Seeks Amendments in TRIPS

ABS News Service/24.05.2018

 

Mangalore Emerges as Strategic Oil Reserve Point for Abu Dhabi

Ministry of Petroleum & Natural Gas Press Release dated 21 May 2018

 

Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce

MoC&I Press Release dated 17 May 2018

 

CBIC Chairman Claims DPD (Direct Port Delivery) upto 46% in April 2018

ABS News Service/18.05.2018

 

Parcel Cargo Express Train (PCET) Begins Operation, Connecting Northeast to the West Coast

·      A single PCET can carry consignment equivalent to 52 nos. of trucks

Ministry of Railway Press Release dated 18 May 2018

 

Anup Wadhawan (former DGFT) to Take Over as Commerce Secretary from Rita Teotia on 31 July

ABS News Service/18.05.2018

 

Six Officers Promoted to Principal Chief Commissioner Rank

ABS News Service/18.05.2018

 

Strong Trade Growth Continues but Momentum May Soften in Q2, Trade Indicator Suggests

ABS News Service/18.05.2018

 

US, China Continue Trade Talks, Including on Telecoms Sanctions Row

ABS News Service/18.05.2018

 

Appellate Body Issues Mixed Ruling on Compliance in EU Aircraft Subsidies Case

ABS News Service/18.05.2018

 

Clarification on Import of Sugar from Pakistan

MoC&I Press Release dated 16 May 2018

 

New Biofuels Policy Allocates ₹5,000 cr for 2G Ethanol Plants

·    Expands Range of Feedstock Available for Fuel Production

ABS News Service/17.05.2018

 

April Exports Jump 5.17% to $25.91bn, Imports Rise 4.6%

MoC&I Press Release dated 15 May 2018

 

April Exports Show Modest Growth, Downward Trend in Labour-Intensive Sectors Keeping the Growth Down to Single Digit, President, FIEO

FIEO Press Release dated 15 May 2018

 

Customs to Promote Exports thru Post from All Foreign Post Office in India

·    DHL and Amazon Taking Lead

Press Release dated 12 May 2019

 

PM Approves Safeguard Shift from DoR to DoC in Enhanced Set Up, Named DG Trade Remedies

Press Release dated 9 May 2018

 

Commerce Minister Addresses First Inter-Ministerial Meeting on Sectoral Export Promotion Strategy

Press Release dated 8 May 2018

 

IBBI Invites Comments from Public on the Regulations Notified under the Insolvency and Bankruptcy Code, 2016

Press Release dated 1 May 2018

 

Suresh Prabhu Chairs First Meeting of Think Tank on Framework for National Policy on E-commerce

Press Release dated 25 April 2018

 

Draft Notification on LTG in STT Exemption on Company Acquisition Cases Issued

Press Release dated 24 April 2018

 

China on the Mat at WTO Over Scrap and Waste at WTO

ABS News Service/25.04.2018

 

WTO Hosts Forum to Exchange Views on Trade Challenges from Certificates of Origin

ABS News Service/23.04.2018

 

Environment Ministry Frames New Draft Coastal Regulation Zone Notification

Press Release dated 19 April 2018

 

India Opens Negotiation Window with US for Exemption from Steel and Al Safeguard Duty

·    Asks for Consultation while Maintaining US Right for Safeguard Duty

·    Claims it Poses No Security Threat to US

ABS News Service/20.04.2018

 

US to Review GSP for India, Indonesia, Kazakhstan

·    India on Hit List for Withdrawal of Preferences

ABS News Service/20.04.2018

 

Environment Ministry Notifies Plastic Waste Management (Amendment) Rules

·    Automated Central Registration System Prescribed

ABS News Service/18.04.2018

 

Trade Tensions in the Background of IMF-WB Meet

ABS News Service/16.04.2018

 

Xi Emphasizes China Role in Trade Expansion

ABS News Service/16.04.2018

 

Requirement for Obtaining PAN card u/s 139A of IT Act, 1961 Eased for Corporate Assesses

PIB Delhi Press Release 14th April 2018

 

CBDT Invites Comments on Draft Notification Proposing Amendment to Rule 44E, Form 34C, 34D And 34DA as per BEPS Action 5, for Improving Transparency in Tax Rulings

PIB Delhi Press Release 14th April 2018

 

CBDT notifies the Protocol Amending the Double Taxation Avoidance Convention (DTAC) between India and Kazakhstan

PIB Delhi Press Release 13th April 2018

 

India Emerges at Top in Export Growth in 2017 with 13%, China Lags ay 7.9%

·    Engineering Exports Lead Export Revival with (+)25% Growth

ABS News Service/13.04.2018

 

India Moves Down by One Place in World Service Exports

ABS News Service/13.04.2018

 

Strong Trade Growth in 2018 Rests on Policy Choices

ABS News Service/13.04.2018

 

DGFT Looking to Save MEIS and EPCG from US Attack at WTO

ABS News Service/09.04.2018

 

Budget Session 2018 of Parliament Concludes

Press Release dated 6 April 2018

 

CBDT Notifies Income Tax Return Forms for Assessment Year 2018-19

Press Release dated 05 April 2018

 

5% Uniform GST Rate to Apply in All Railway Catering Services in Trains or on Stations

MoF Press Release dated 6 April 2018

 

New Specified Health Warning on Tobacco Products Packs

Department of Health and Family Welfare Notification dated 26 March 2018

 

56 New Airports will become Functional in the Next Few Years, says Suresh Prabhu at Global Logistics Summit

ABS News Service/05.04.2018

 

Registration Procedure as Registered Valuer with IBBI under Companies (Registered Valuers and Valuation) Rules, 2017

ABS News Service/05.04.2018

 

Govt Sets Up an IT Grievance Redressal Mechanism to Address the Grievances of Taxpayers Due to Technical Glitches on GST Portal

MoF Press Release dated 4 April 2018

 

Rendering of Valuation Services without a Certificate of Registration under the Companies (Registered Valuers and Valuation) Rules, 2017 till 30th September, 2018

Press Release dated 2 April 2018

 

Discussion Paper on Regulation of Fee Payable to Insolvency Professionals

Ministry of Finance Press Release dated 1 April 2018

 

Insolvency and Bankruptcy Board of India commences conduct of online valuation examinations for registration of Valuers

ABS News Service/31.03.2018

 

Japan Sees Hope for US Metal Duty Exemptions

ABS News Service/26.03.2018

 

US Files WTO Challenge Over India Export Subsidy Schemes

ABS News Service/26.03.2018

 

52 Countries Begin Deliberation at Informal WTO Ministerial Meeting in New Delhi

ABS New Service/20.03.2018

 

Committee Moves Ahead on Multiple Accessions to Government Procurement Agreement

ABS New Service/20.03.2018

 

United States initiates WTO complaint against India over export subsidy programmes

ABS New Service/20.03.2018

 

Exports up 4.5% in Feb to $ 25.8 bn

[Press Release [F.No. 1/2/2017-EPL-1] dated 15 March 2018]

 

New Delhi to Seek 8 years to Phase Out Export Subsidies at WTO

ABS News Service/16.03.2018

 

Online Application for uploading the supporting documents i.e. e-Sanchit, shall be made mandatory from 01.04.2018

CBEC Website

 

Lok Sabha Passes Finance Bill Amid Din, without Debate

·    No Amendments proposed on Customs or GST Side, Finance Bill Stays Intact

·    Rajya Sabha has No Power to Amend Money Bill so Finance Bill is Deemed Passed by Parliament

·    Opposition upset over quick passage, dub it as ‘blot on democracy’

ABS News Service/15.03.2018

 

Double Taxation Avoidance Agreement between India and Iran

ABS News Service/15.03.2018

 

US Challenges India's Export Subsidy Programme at WTO

ABS News Service/15.03.2018

 

Cabinet Approves the Arbitration and Conciliation (Amendment) Bill, 2018

ABS News Service/08.03.2018

 

WTO Chairpersons for 2018

ABS News Service/08.03.2018

 

MNCs Upset on Duty Hikes

ABS News Service/03.03.2018

 

US to Up Steel Duties to 25%

·    Aluminium may be Hiked to 10%

·    National Security Cited as Ground for Proposed Action under Sec.262 of Trade Expansion Act, 1962

·    EU Upset as Steel from China may be Diverted to its Ports

ABS News Service/03.03.2018

 

Over Half Developing Countries Implement TFA

ABS News Service/23.02.2018

 

US, EU, Canada See Red on India Raising Pulses Tariff

ABS News Service/23.02.2018

 

WTO Informal Meeting to be Held in 19-20 March – 50 Countries Expected to Attend

ABS News Service/22.02.2018

 

EU Requests WTO Consultations with Russia on Compliance with Pig Products Ruling

ABS News Service/16.02.2018

 

Bosnia and Herzegovina Near Finish Line in WTO Accession Talks

ABS News Service/16.02.2018

 

EU, UK Debate Transition Period Terms as Brexit Negotiations Continue

ABS News Service/17.02.2018

 

Trudeau, Freeland Make Case for NAFTA As Trade Negotiators Prepare for Next Round

ABS News Service/17.02.2018

 

Brazil Circulates Proposal for WTO Investment Facilitation Deal

ABS News Service/15.02.2018

 

New Safeguard Consultation Requests on US Tariffs, Biodiesel Case Update

ABS News Service/15.02.2018

 

Finance Minister Present Economic Survey 2017-18 in Parliament 

·    Real GDP Growth to Clock 6.75 Percent this Fiscal

·    Economic Survey Predicts 7-7.5 Percent Growth in 2018-19

·    Employment, Education & Agriculture To Be The Focus Areas In Medium Term, Says Survey

ABS News Service/29.01.2018

 

Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy

ABS News Service/29.01.2018

 

GST Data Reveals 50% Increase in Number of Indirect Taxpayers

·    Economic Survey says-Maharashtra, Gujarat, Karnataka, Tamil Nadu & Telangana account for 70% of India’s exports

·    India’s internal trade in goods and services is 60 percent of GDP

ABS News Service/29.01.2018

 

Pink-Color Economic Survey 2017-18 Highlights Gender Issues Against Backdrop of Development Beti Bachao, Beti Padhao; Sukanya Samridhi Yojana and Mandatory Maternity Leave are all Steps in Right Direction, Acknowledges Survey

ABS News Service/29.01.2018

 

Delhi Declaration of the ASEAN-India Commemorative Summit to Mark the 25th Anniversary of ASEAN-India Dialogue Relations

·    Political and Security Cooperation

·    Economic Cooperation

·    Socio-Cultural Cooperation

·    Connectivity

·    Cooperation on Narrowing the Development Gap

ABS News Service/27.01.2018

 

Agriculture Ministers Weigh Food Security, Climate Impacts of Livestock Sector

ABS News Service/27.01.2018

 

World Leaders in Davos Call for Cooperation to Tackle Global Challenges

ABS News Service/27.01.2018

 

Modi Meets Heads of Myanmar, Vietnam and Philippines

ABS News Service/25.01.2018

 

Trump Slaps Steep US Tariffs on Imported Solar Panels, Washing Machines

ABS News Service/24.01.2018

 

India can become Third-Largest Economy, say Jaitley

ABS News Service/24.01.2018

 

Argentina Ratifies the Trade Facilitation Agreement

ABS News Service/24.01.2018

 

Union Finance Minister, Arun Jailey holds Pre-Budget Consultations with the Finance Ministers of States/ Union Territories (with Legislature)

ABS News Service/18.01.2018

 

US Request for Retaliation against India in Solar Dispute Referred to Arbitration

ABS News Service/17.01.2018

 

Australia Initiates WTO Complaint Targeting Canadian Restrictions on Sale of Wine

ABS News Service/17.01.2018

 

Taxation of Natural Gas under MVAT Act - Clarification

Trade Cir. No. 3T of 2018 NO.VAT/MISC-2017/20/ADM-8, dated 16th January, 2018

 

Food Subsidy Bill may Swell by 10% in 2018-19 Budget

ABS News Service/17.01.2018

 

Department of Commerce and CII Signs MoU for Setting-up an Institutional Mechanism for Development of Logistics Sector in the Country

ABS News Service/17.01.2018

 

DAC Simplifies Procedure to Develop Defence Equipment through Indian Industry; Clears Procurements of Assault Rifles and Carbines worth Rs 3,547 Crs

ABS News Service/17.01.2018

 

Exports Up 12.36% in Dec Riding on Engineering Goods, Petro Products

·    RMG, Textiles Crash

·    Gold Up 72.5%, Crude 35%

MoC&I Press Release 15 January 2018

 

Exports likely to Touch USD 300 bn Mark this Fiscal but Rising Trade Deficit Takes Sheen Away: President, FIEO

ABS News Service/16.01.2018

 

Inspection, Search, Seizure and Arrest under Goods & Services Tax Act

ABS News Service/16.01.2018

 

E-Way Bill to be Rolled Out Next Month for Easier Movement of Goods

ABS News Service/16.01.2018

 

FIEO Lists Charter of Demands to Board of Trade

FIEO/PUB/PR/41/2017 dated January 8, 2018

 

India to Host Mini-ministerial in February

ABS New Service/01.01.2018

 

India to Occupy the Chair of KP Process on Conflict Diamonds in 2019

Press Release dated 20 December 2017

 

Prabhu Refute Refund Claims of 65K Crs in Export Sector

MoC&I Press Release dated 20 December 2017

 

Milk and Milk Products Standards Revised – Effective from 1 July 2018

·    Camel Milk, Lassi Included in Enlarged List

FSSAI Press Note dated 24.10.2017

 

Used Cooking Oil not Suitable for Repeat Use, TPC Limit Fixed at 25% from 1 July 2018

FSSAI Press Note dated 03.11.2017

 

New Standards for Virgin Coconut Oil and Peanut Butter

·    Linseed Oil renamed as Flaxseed/Linseed Oil

·    Acid Value in Palm Oil replaced with FFA Value – Content Fixed at 10% max

FSSAI Press Note dated 20.10.2017

 

FSSAI Notifies Standards for Frozen Shrimps, Finfish and Frozen Fish Fillets

FSSAI Press Note dated 25.09.2017

 

Food Safety Standards for Durum Wheat Maida, Quinoa, Instant Noodles and Pearl Millet Flours

FSSAI Press Note dated 21.09.2017

 

Tapioca Sago Standards

FSSAI Notification 24.10.2017

 

Guidelines for Electronic Labelling of Products under Compulsory Registration of BIS

CMD III/9:6/e-labelling dated 13 09 2017

 

Specification of Mechanical Properties for Reinforcing Steel for Use in RCC Structure - IS 16651:2017

ABS News Service/19.12.2017

 

ICAR, Pune and NIPHM, Hyderabad Notified for Analysis for Pesticide Residues in Food

Food Safety and Standards Authority of India Notification dated 20 November 2017

 

Canned Tomatoes Standards – Effective from 1 July 2018

Food Safety and Standards Authority of India Notification dated 17 November 2017

 

Mobile Duty Hike not Good for Make In India, says Economic Times

ABS News Service/18.12.2017

 

FSSAI Regulations Amendments

·    Customs will not Clear Food Articles of Shelf Life less than 60 days

F.No. REG/Import amendment/ Direction/ FSSAI-2017 DATED 13 December 2017

 

Budget Wishlist: Auto Industry Seeks only Two Tax Rates for Passenger Vehicles

ABS News Service/18.12.2017

 

Finance Minister Arun Jaitley Holds 7th Pre-Budget Consultation Meeting with Banks and Financial Institutions

ABS New Service/16.12.2017

 

Exports Up by 30.6% in November, GST Bottleneck Cleared

·    Engineering Goods, Diamonds and Chemicals Show Significant Rise

·    Imports Up 19.6%, Rough Diamonds Up 85.8%,

·    Crude, Coal, Ores, Capital Goods, Metals Major Gainers

PIB Press Released dated 15 November 2017

 

Aadhaar Deadline Extended till 31.3.18 for Submission of Aadhaar Number and Permanent Account Number or Form 60 by Client to the Reporting Entity

ABS News Service/15.12.2017

 

India Heralds 25 years of India-ASEAN Partnership

ABS News Service/15.12.2017

 

India Names US for Failure of Negotiations on Public Stockholding in Agriculture

·    Statement by India at conclusion of WTO Ministerial Conference at Buenos Aires

ABS News Service/15.12.2017

 

WTO Meet Ends without Ministerial Declaration

·    Members Split into Plurilateral Groups on Key Issues

·    India Isolated Once again as Vetoes Resolution Public Stockholding

·    Protectionist Slide Backs Feared as Dispute Resolution Weakens

·    WTO Ministerial: In Landmark Move, Country Coalitions Set Plans to Advance on New Issues

ABS News Service/14.12.2017

 

Decision on Fisheries Subsidy

ABS News Service/14.12.2017

 

Work Programme on Electronic Commerce

ABS News Service/14.12.2017

 

Joint Statement on Electronic Commerce

ABS News Service/14.12.2017

 

Trips Non-Violation and Situation Complaints

ABS News Service/14.12.2017

 

Work Programme on Small Economies

ABS News Service/14.12.2017

 

Investment Facilitation for Development

ABS News Service/14.12.2017

 

Services Domestic Regulation

ABS News Service/14.12.2017

 

Pacific Group Ministerial Declaration Delivered at WTO 11th Ministerial Conference in Buenos Aires on 12 December 2017

ABS News Service/14.12.2017

 

Transparency of Regulatory Measures for Trade in Goods

ABS News Service/14.12.2017

 

Market Access for Non-Agricultural Products

ABS News Service/14.12.2017

 

Special Safeguards in Agriculture

ABS News Service/14.12.2017

 

Public Stockholding for Food Security Purposes

ABS News Service/14.12.2017

 

Statement by the Philippines

ABS News Service/14.12.2017

 

WTO Members Eye Post-Buenos Aires Work As Ministerial Talks Hit Hurdles

ABS News Service/13.12.2017

 

Statement by India at the World Trade Organisation Ministerial Conference at Buenos Aires

ABS News Service/13.12.2017

 

Prabhu Meets President of Argentina and Holds Bilateral Meetings during WTO Ministerial in Buenos Aires

ABS News Service/13.12.2017

 

Buenos Aires Declaration on Women and Trade Outlines Actions to Empower Women

ABS News Service/13.12.2017

 

Public and Private Sector Leaders Exchange Best Practices to Implement Trade Facilitation Agreement

ABS News Service/13.12.2017

 

WTO Ministerial: As Buenos Aires Negotiations Get into Gear, Road Ahead Remains Murky

ABS News Service/12.12.2017

 

Support WTO, 44 Majors Signal Protest to US Actions

ABS News Service/12.12.2017

 

Prabhu Asks for Revival of Development Round of Doha at BA Ministerial

·    Do Not Split Developing Countries between Middle Income and Least Developed, he Urges

ABS News Service/12.12.2017

 

Jack M Pushes WTO to Adopt E-Commerce

ABS News Service/12.12.2017

 

Free Trade Advocate US subverts WTO at Buenos Aires Ministerial Meet

ABS News Service/12.12.2017

 

FM Meets IT Heads – Lists Protectionist Measures

·    Industry Asks for IT Concessions, Duty Protection

ABS News Service/12.12.2017

 

Ministers Arrive in Buenos Aires for High-Level WTO Meet

·    US says No to Doha Development Agenda, WTO Meet at BA

·    Not Many Hopes for Success in Meet

·    600 NGOs Block to Meet, 18 Denied Access

ABS News Service/ 11.12.2017

 

Ministerial Conference Opens

ABS News Service/ 11.12.2017

 

Conflict and Fragile Economies Group Speak Up in WTO

ABS News Service/ 11.12.2017

 

China Moves to Support to LDCs Seeking WTO Accession

ABS News Service/ 11.12.2017

 

Prabhu Woos South Africa, Indonesia for Support on Agri Price Support Ahead of WTO Meet

ABS News Service/ 09.12.2017

 

First Post-GST Budget likely on Feb 1

ABS News Service/ 05.12.2017

 

WTO Members Show Restraint in Trade Restrictions Despite Ongoing Economic Uncertainties

ABS News Service/ 05.12.2017

 

WTO Rules on Fisheries Subsidies: Progress and Prospects

ABS News Service/ 05.12.2017

 

India Pledges to Ratify IMO’s Convention on Recycling of Ships

ABS News Service/30.11.2017

 

GST Collections in October Decline to Rs 83,346 crore

ABS News Service/27.11.2017

 

DoT Exempts Feature Phones from GPS Installation Diktat

ABS News Service/24.11.2017

 

India to Play Hardball on Peace Clause at WTO

ABS News Service/23.11.2017

 

T-61 – 5th TBM for Mumbai Metro’s Line-3 Arrives at Mumbai Port

ABS News Service/21.11.2017

 

Goods Council Discusses US Proposal to Enhance Transparency

ABS News Service/17.11.2017

 

WTO Members Start Review of Technical Barriers to Trade Agreement

ABS News Service/17.11.2017

 

Tax Rate Cut on over 170 Items, Only 50 Items Said to Remain in 28 percent Slab

ABS News Service/10.11.2017

 

DG Azevêdo: Singapore’s Support is Essential to Strengthen Trading System

ABS News Service/10.11.2017

 

DG Azevêdo Calls for APEC’s Support for a Successful MC11

ABS News Service/10.11.2017

 

TFA at WTO Picks up Momentum

ABS News Service/10.11.2017

 

Fisheries Subsidies Proposals from BA Ministerial

ABS News Service/08.11.2017

 

EU Clampdown Pesticide Residues under Debate at WTO

ABS News Service/08.11.2017

 

Corporate Affairs Moves to Nab “Black Money”

PIB (MCA) Press Release dated 5th November 2017

 

Anti-dumping Duty on Sodium Chlorate from China, Canada and EU on Complaint of Gujarat Alkalies and Teamec Chlorates

53-ADD/02.11.2017

 

Rupee Gains 45 paise against Dollar to Reach Rs. 65.40 w.e.f. 3 Nov 2017

103-Cus(NT)/02.11.2017

 

All 4 wheel Motor Vehicles sold after 1st December 2017 to be fitted with FASTags

PIB (Ministry of Road Transport & Highways) Press Release dated 2 November 2017

 

Cabinet Approves Trade Agreement between India and Ethiopia for Strengthening and Promoting Trade and Economic Cooperation

PIB (Cabinet) Press Release 1 November 2017

 

Cabinet Approves Signing an Agreement between India and Armenia on Cooperation and Mutual Assistance in Customs Matters

PIB (Cabinet) Press Release dated 1 November 2017

 

Cabinet Approves Special Banking Arrangement (SBA) for Payment of Outstanding Subsidy to Fertilizer Companies during 2016-17

PIB (CCEA) Press Release dated 1 November 2017

 

Cabinet Approves Revised Price of Ethanol under EBP for the Public Sector Oil Marketing Companies

PIB (CCEA) Press Release dated 1 November 2017

 

Shri Nitin Gadkari Digitally Flags off a Consignment of Steel Cargo from Vizag Port through Coastal Shipping Route

·    Says New Era in Transport will Encourage Industrial Growth in the Country

·    The Share of Water Based Transport in Modal Mix to Double by 2025 under Sagarmala

PIB (MoS) Press Release dated 1 November 2017

 

FIEO Opens New Opportunities in LAC and Carribean Countries

FIEO Press Release dated 2 November 2017

 

India’s Rank Rises to 100 in World Bank’s Doing Business Report, 2018

PIB (MoC&I) Press Release dated 31 October 2017

 

CBDT Extends Due Date for Filing Income Tax Returns and Tax Audit Reports

PIB (MoF) Press Release dated 31 October 2017

 

J&K Cabinet decides to reimburse 42% of Budgetary Support Scheme of Centre

ABS News Service/28.10.2017

 

WTO Moratorium on Patent Cases to be Extended by Two Years

ABS News Service/27.10.2017

 

Mandatory Standard of Membrane Cell Produced Caustic Soda for Imports Soon

·    Alkali Manufacturers concerned about Consumer Health and Environment!

PIB Press Release dated 17.10.2017

 

Suresh Prabhu for Agri Food Security at Buenos Aires WTO Ministerial

PIB (MoC&I) Press Release dated 11 Oct 2017

 

Meeting on Antibiotics in Aquaculture

ABS News Service/05.10.2017

 

DG Safeguards Asks for Fresh Application for Technical Member of Anti-profiteering Authority

ABS News Service/21.09.2017

 

CBEC Member Ananya Ray Retires

DO.No.26/CH(EC)/2017 dated 08.09.2017

 

Finance Minister Jaitley Constitutes Group of Ministers and a Committee on Exports

PIB (MoF) Press Release dated 12.09.2017

 

CBEC Advisory for Collection of Excise Duty and Service Taxes

F.No. V/598/01 /2017/8698 dated 7 September 2017

 

Prevention of Tampering of Mobile Device Equipment Identification Number Rules, 2017

Department of Telecommunications Notification dated 25 August 2017

 

Mandatory Testing of Telecom Equipments – Effective from 1 October 2018

Department of Telecommunications Notification dated 5 September 2017

 

FinMin to Initiate Budget Exercise Next Week

ABS News Service/11.09.2017

 

15 Member Task Force on Employment and Exports Constituted in NITI Aayog

ABS News Service/07.09.2017

 

ECGC Revives Export-Factoring Business

ABS News Service/06.09.2017

 

Centre Imposes Stock Holding Limit on Sugar Producers for Sept and Oct 2017

Deptt. Food and Public Distribution Order dated 28 August 2017

 

India-Tanzania Joint Trade Committee (JTC) Meeting

ABS News Service/30.08.2017

 

GST Bell Rings in Mid-night of 30 June-1 July

·   Special Function in Central Hall of Parliament Planned

ABS News Service/ 21.06.2017

 

GST Facilitation Cell in Ministries

ABS News Service/ 21.06.2017

 

India MSP on Wheat in WTO Scan

ABS News Service/ 21.06.2017

 

Oil Plunges to $45 as US Drillers and Libya Pull the Plug on OPEC

ABS News Service/ 21.06.2017

 

WTO Compliance Panel says US Continues to Subsidies Boeing

ABS News Service/ 21.06.2017

 

UIDAI Sets up Help Desk for GST

F.No. 4(4)/57/145/2012/ E&U/Pt. dated 7th June 2017

 

Gold, Electronics Shoot up – Imports Rise 33%

·    Exports Up 8% at $24bn in May

ABS News Service/ 19.06.2017

 

Crude; Metals, Precious Metals, Fertilizers and Rubber Crashes in May

·    Edible oil, Rice, Tea, Copra, Coconut Oil, Beef, Logs Up

·    Groundnuts, World Sugar, Woodpulp, Shrimp Steady

World Bank Pink Sheet

 

WTO Agriculture Negotiators Review Buenos Aires Ministerial Options

ABS News Service/ 15.06.2017

 

Decisions in GST Council Meet of 11 June 2017 to GST Rates on Goods and Services

ABS News Service/ 12.06.2017

 

GST Council Meet at Vigyan Bhavan

Live Reporting by Mr. Arun Goyal

ABS News Service 03.06.2017

 

Adhia says GST will Roll Out on 1 July

·   Trade wants Time to Prepare

·   Software Patches in ERP Systems not before 25 June

ABS News Service 03.06.2017

 

Valid GSTIN Declaration in Customs Documents Mandatory from 1 July

ABS News Service 03.06.2017

 

Briefing to Media by Shri G K Gupta, Newly Elected President, FIEO

ABS News Service 03.06.2017

 

Customs Clearances at Nhava Sheva and Other Ports Stuck at IceGate Computers Unable to Take Load

·    Importers Forced to Pay Fine for Late Filing of Documents and Duty Payment

·    Demurrage Charge for Container Rent and Warehousing Space Killing Trade

·    Exports too Affected

·    Freight Forwarders Association Takes up Matter with Government, FIEO too Expresses Concerns

·   No News on Hardware Upgradation from CBEC

ABS News Service/ 02.06.2017

 

ECJ Rules: European Union Powers to Negotiate Deals for Member Countries Limited

ABS News Service/ 25.05.2017

 

Canadian Senate Approves CETA Bill for Trade Pact with EU

ABS News Service/ 25.05.2017

 

Robert Lighthizer Confirmed as USTR by Senate

ABS News Service/ 25.05.2017

 

GST Council Meeting Ends with Next Meeting on 3 June

·   Service Tax at 18% RNR

·   Exemption at 5% and 12% Rates Announced

·   Healthcare and Education Exempted

ABS News Service/ 19.05.2017

 

GST Meet on First Day Inconclusive on Six Categories of Goods – Discussions on these and Service Tax Rates will be taken up tomorrow – Another Round of GST Council likely in Future to Conclude Rates

·   It is sad that the Office is Empty, GST Press Conference should have been Reported Properly

Live from Srinagar by Arun Goyal

ABS News Service/ 18.05.2017

 

Massive Reorganisation in CBEC for GST – DG HRD Issues Details

D.O.F.No. 8/B/208/HRD (HRM)/2015-Pt dated 13th May 2017

 

12 States Pass SGST Bills

·    Two New Members Mahender Singh and R.K. Mahajan Join CBEC

DO. No. 08/CH(EC)/2017 dated 12.05.2017

 

Trump Orders Review of WTO and Other Trade Deals to Secure US Interests

ABS News Service/ 10.05.2017

 

Ross on the WTO

ABS News Service/ 10.05.2017

 

Trump Allows Lemons from Argentina as WTO Dec Meet in Buenos Aires Nears

ABS News Service/ 10.05.2017

 

ICC Arbitration Rules Allow Any Party to Ask for Reasons in Award

·    Cost and Time Cuts for Small Value <$2mn Cases

ABS News Service/ 10.05.2017

 

Kenyan Takes Over Agri Chair at WTO

ABS News Service/ 10.05.2017

 

Green Signal to Mexico to Retaliate for US Failure to Implement Tuna Decision at WTO

ABS News Service/ 10.05.2017

 

Metals, Fertilizers, World Sugar, Edible oil and Rubber Crashes in Apr

·    Energy, Precious Metals, Rice, Tea, Copra, Coconut Oil, Beef, Logs Up

·    Groundnuts, Barley, Woodpulp, Cotton, Potassium Chloride, Shrimp Steady

World Bank Pink Sheet

 

18% Standard GST Rate for Goods and Services on the Anvil

·   12% for Service Tax on Transport Sector without ITC

·   Small Exempted List at 0% and 5% GST

·   Luxury Goods at 28%

·   States Promise to Pass SGST Law by 31 May

ABS News Service/ 27.04.2017

 

Rupee Bullish, Hits 62 but Steep Fall in Sight

ABS News Service/ 27.04.2017

 

Paswan for Tur at 25% Duty

ABS News Service/ 27.04.2017

 

Trump Slaps Anti Subsidy Duty on Canadian Softwood; can Canadian Dollar Slumps

ABS News Service/ 27.04.2017

 

Solar Products Classification

ABS News Service/ 27.04.2017

 

US Mulls Tax Holiday on Exports, Disallowance of Imports in Profit Calculation

ABS News Service/ 27.04.2017

 

Brazil Booms on Trade Surplus

ABS News Service/ 27.04.2017

 

Movement of Goods in GST under Official Surveillance

·    CBEC says e-way bill on GSTN for All Movements above Rs. 50K

·    30 mins for Checking Prescribed

ABS News Service/ 20.04.2017

 

Trade Recovery Expected in 2017 and 2018, Amid Policy Uncertainty

WTO Press Release dated 12.04.2017

 

Exports Jump 27.59% in March, Imports Rise 45.25%

PIB (MoC&I) Press Release dated 13.04.2017

 

Aussie Crashes to Record Low of 0.74 cents as Turnbull Woos Modi

ABS News Service/ 14.04.2017

 

GST Bills Passed by Both Houses, Rajya Sabha Drops Amendments

ABS News Service/ 14.04.2017

 

Trump Readies for Action against China as Xi Visit Approaches

·    Compulsory Deposits to Check Importers of “Dumped” Goods on the Anvil

·    Other Measures under Crafting

ABS News Service/ 14.04.2017

 

India Nears World No. 2 Spot as Steel Producer

ABS News Service/ 14.04.2017

 

U.S. to Impose Steel Tariffs of up to 148 percent

ABS News Service/ 14.04.2017

 

India, Cuba come Together on WTO E-Commerce Rules on Buenos Agenda

ABS News Service/ 14.04.2017

 

Rs. 2700 crs Windfall to Target Plus Exporters as Cabinet gives Relief to 12 Year Dead Scheme

·    Where is Unjust Unrichment Concept Mr. Jaitley?

·    DGFT Sits on Non Refund of SAD on Reward Scheme Licences but Jaitley Rewards Target Plus (Instituted during his Years in Commerce Ministry during Vajpayee Rule)

PIB (Cabinet) Press Release dated 12th April 2017

 

Energy, Metals, Urea, World Sugar and Rubber Crash in Mar

·    Rice, Groundnut oil, Barley, Bananas, Oranges, Beef Up

·    Groundnuts, Woodpulp, Logs, Plywood, Rock Phosphate, Potassium Chloride, Shrimp Steady

World Bank Pink Sheet

 

India on the Mat over MSP on Wheat Export Subsidy, Pulse Stocking

ABS News Service/ 06.04.2017

 

Solar Energy Subsidies in US, India has Panel

ABS News Service/ 06.04.2017

 

Japan Gets WTO Panel for Fast Track Action in Steel Safeguard Case

·    India Attempts to Drag the Case Fails as 12 Others Join in as Third Parties

·    Early time Frame Accepted as Safeguard Action Expires in Mar 2018, Japan Fears Loss $220mn by Then

ABS News Service/ 06.04.2017

 

Jaitley Introduces Taxation Laws (Amendment) Bill

ABS News Service/ 04.04.2017

 

Vanaja N. Surna Appointed CBEC Chief for 15 Months, No Extension to Najeeb Shah

·   Ananya Ray and Ram Tirath Bye Passed

ABS News Service/ 04.04.2017

 

Four GST Bills Introduced in Parliament

·   Countdown to “Most Disruptive Law” Begins

ABS News Service/ 04.04.2017

 

Reviving and Accelerating India’s Exports: Policy Issues and Suggestions

·   New Prescriptions to Revitalise Ailing Exports

ABS News Service/ 04.04.2017

 

Container Handling Crippled in Chennai Port as DRI, Customs Raid Imported Cargos for Fake Currencies

·    Kolkata, Delhi, Mumbai also Affected

·    Nothing Found but Movement Disrupted Affecting “Ease of Doing Business” even as the Instructions and Intelligence is said to Emanate from PMO

ABS News Service/ 23.03.2017

 

Frozen Beef Stranded at China Sea After China Shuts Out Brazil

ABS News Service/ 23.03.2017

 

July 1 Rollout Looks Real as Cabinet Clears GST Bills

ABS News Service/ 23.03.2017

 

The ABC of the GST Registration Process

ABS News Service/ 23.03.2017

 

Japan Drags India to WTO on Steel Safeguard Duties, India tries to Block

ABS News Service/ 23.03.2017

 

Exports Jump 17% to $24.5bn in Feb

·    Imports Rise 21.76%

PIB (MoC&I) Press Release dated 15th March 2017

 

New Trade Mark Rules 2017 Notified

ABS News Service/16.03.2017

 

Crude, Precious Metals, Ferrous and Non Ferrous Metals, Urea, Cotton and Rubber Rise in Feb

·   Coal, Natural Gas, Cocoa, Edible Oil; Rice Down

·   World Sugar, Woodpulp, Groundnuts, Shrimp Steady

World Bank Pink Sheet

 

Trump Clamps Down on Migrant Movement, ‘Security Concerns’ Cited in Support

ABS News Service/16.03.2017

 

Container Arrival Message with ICEGATE Compulsory

ABS News Service/16.03.2017

 

India Loses GSP Benefits in Four Groups, Steel Included

ABS News Service/16.03.2017

 

Indians Invest Dh20 bn in Dubai Property

ABS News Service/16.03.2017

 

USFDA to Lift Import Ban on Sun-Ranbaxy Mohali Plant

ABS News Service/16.03.2017

 

The Aggressor and Injured are the Same Persons in the PSF Anti-dumping Case

ABS News Service/17.02.2017

 

Jan Export Growth to 4.3% again, Textiles, Engineering Hold Out

·    Imports Rise 10.7%, Demand Picks Up with Crude Leading

·    Japan Market Picks Up

ABS News Service/17.02.2017

 

Crude and Precious Metals, Urea, Edible Oil, Cotton and Rubber Rise in Jan

·    Coal, Natural Gas, Cocoa, Shrimp, Sawnwood Down

·    Woodpulp, Iron Ore, Potassium Chloride, Bananas Steady

World Bank Pink Sheet

 

Excise, Service Tax Collections Jump, Customs Muted

ABS News Service/15.02.2017

 

India Bullish on TF in Services for Buenos Aires WTO Meet

·    WTO DG Azevedo on Visit to India to Lobby for Another Terms!

ABS News Service/15.02.2017

 

Trade Protests – Choice of When to File Bill of Entry should be Left to Importer

ABS News Service/09.02.2017

 

Bill of Entry Must be Filed within a Day of Inward Entry of Vessel or Cargo Arrival Report of Container in ICD

·     Duty to be Paid on Assessment Day

·    No Undue Enrichment for Excess Customs Duty Paid

D.O.F. No. 450/10/2017-CusIV dated 3rd Feb 2017

 

Trump Withdraws from TPP, Bilateralism Back with a Vengeance

ABS News Service/27.01.2017

 

New Leadership in US Trade in Trump Era

ABS News Service/27.01.2017

 

Freight Moves in China-to-London Train in 15 Days

·    Sea Shipping Time Cut by 50%

·    Air Costs Halved

·    China is on Track to overcome the Freight Disadvantage

·    OBOR Planned 2013 comes True

ABS News Service/27.01.2017

 

Bangladesh Workers Protest Over Low Wages

ABS News Service/27.01.2017

 

TRIPS IP Rules Amended to Implement Doha Ministerial 2001 Decision

·    Generics at Reasonable Prices Export to Developing Countries Possible under Compulsory Licensing

ABS News Service/27.01.2017

 

Disputes at WTO

·    Non Market Economies Status of China in WTO DSB

·    New Aluminium Case

·    Agri Subsidies

·    Indonesian Import Licensing Regimes Violating Trade Rules

·    Indonesia-EU Panel Report on Palm Oil Alcohol

·    Non Market Economies Status of China in WTO DSB

ABS News Service/27.01.2017

 

Diamond Market Reels under Demonetisation Shock

·    De Beers Allows Buyers to Cherry Pick from Sights

ABS News Service/19.01.2017

 

GST Reaches Agreement on Dual Control and Territorial Jurisdiction

ABS News Service/19.01.2017

 

Communist China’s Xi Roots for Free Trade, Berates Trump for Protectionism

ABS News Service/19.01.2017

 

Dec Exports Up 5.72%

·    Gold Imports Crash by 55% over Nov, Smuggling Continues

·    Iron Ore, Engg Goods Export Rise as Steel Price Lookup

ABS News Service/16.01.2017

 

Crude and Gas, Metals, Edible Oil, Cotton and Rubber Rise in December

·    Coal, Cocoa, Coffee, Tea, Fertilizers, Precious Metals, World Sugar, Timber Down

·    Woodpulp, Sorghum, Shrimp, Groundnuts Steady

World Bank Pink Sheet

 

Its Official Now, SBNs (Old 1000 and 500 Notes) are Banned from 1 Jan 2017

·    Ordinance Withdraws Government Guarantee on SBN from 1 Jan 2017

·     RBI Denied Legal Tender Status from 8 Nov 2016

·    SBN Holders Liable to Fine (of Higher) of 5 times the Value or Rs. 10K

ABS News Service/05.01.2017

 

Three Month Grace Period for Surrendering SBNs for RIs who were Out of India

·    NRIs 6 Months

ABS News Service/05.01.2017

 

One Time Facility of RI and NRI Travellers to Exchange SBNs Allowed

ABS News Service/05.01.2017

 

Demonetisation

 

 

Finally a Presidential Ordinance to “Punish” the Holders of Official Currency to Jail Term for those who Hold 1000 and 500 Rupee Notes after 31 Mar 2017

·    Specified Bank Notes Cessation of Liabilities Ordinance under Issue Soon

·    Another Ordinance to Disown Sovereign Liability on Demonetisation

·    Use SBN and Face after 31 Dec 5000 Rupee Fine

ABS News Service/29.12.2016

 

GST Scanner

 

 

Compensation Bill on GST to Include VAT Issues to States on Demonetisation Assessees

·    Rs.55,000 crores Thru Cess not enough Compensation, says Amit Mitra, VAT Collections Down 30%-40%

·    IGST Jurisdiction on Battle Ground between Centre and States

ABS News Service/29.12.2016

 

Japan Drags India to WTO on Steel MIP

·    Alleges Nullification of Concessional Duty on 29 Lines in Steel Chapter under Bilateral FTA

·    India Substitutes MIP with Anti-Dumping and Safeguards to Protect Domestic Industry

ABS News Service/29.12.2016

 

India May Cut Gold Duty to 6% from 10%

ABS News Service/29.12.2016

 

Saudi Move towards Taxes to Find State as Oil Crashes

·    Expat Fee, Subsidy Cuts to Balance Budget

ABS News Service/29.12.2016

 

Trump Anti-China Policy – Will Xi Blink?

ABS News Service/29.12.2016

 

Engineers, Doctors and MBAs with Average Age of 28 Dominate the 186 Customs and Excise IRS Batch

ABS News Service/29.12.2016

 

China Attracts $130bn in Non Finance Investment

ABS News Service/29.12.2016

 

HS Nomenclature 2017 Comes into Effect from 1 Jan 2017

ABS News Service/29.12.2016

 

China Calls for Domestic Price based Investigation in Anti-dumping Investigation

·   WTO Complaint against EU, U.S.

·   Claims NME (Non Market Economy) Status should go from 11 Dec 2016 when it Completed 15 Years of Transition Period Negative Treatment at WTO following Commitments on Accession Obligation

ABS News Service/22.12.2016

 

Indonesia’s Central Bank Revives Plan to Cut Three Zeroes from Rupiah

ABS News Service/22.12.2016

 

Indonesia Cigarettes Worth 10 crore Seized by DRI in Delhi, Claims Labelling Did Not Cover 85% of Area

ABS News Service/22.12.2016

 

November Exports Fall Over Previous Month, Oil, Iron Ore and Steel Positive, RMG in Negative Territory

·   Machinery Import Rise, Investment Picks Up

ABS News Service/22.12.2016

 

Gold Imports in Nov Up 23% Even as Prices Stagnate

·    Volume Inflow Estimated at 124 tonnes Compared to 99.62 tonnes in Previous Month

·    Demonetisation Demand to Convert Black Money Takes Over

·    Customs Bans Info on Consignment Wise Import and Export to Shield Gold Trade on 25 Nov 2016? Daily Trade Return (DTR) giving Port Wise Details of Import and Export Suddenly Discontinued

ABS News Service/21.12.2016

 

Exports Up 2.29 Percent in Nov; Imports at 10.44%

PIB (MoC&I) Press Release dated 15th December 2016

 

RBI Releases Annual Report of the Banking Ombudsman Scheme

RBI Press Release No. 1464/2016-2017 dated 9th December 2016

 

Coal, Metals, Edible Oil, Rubber and Urea Rise in November

·    Crude, Natural Gas, Precious Metals, Rice, World Sugar, Timber Down

·    Woodpulp, Sorghum, Soybean Meal Steady

World Bank Pink Sheet

 

Banned Notes Deposited Reach 84.3% of Official Issue

·    Surrendered Notes may Exceed Total Notes Issued (with 21 more Days left for Surrender)

·    Little “Black Money” Unearthed, A Case of Much Ado over Nothing?

·    Recycling of Notes Leaked from Bank Vaults Alleged

ABS News Service/09.12.2016

 

Aadhaar-based Authentication for Card Present Transactions Deployment

ABS News Service/09.12.2016

 

Design Patents are Distinct from Utility Patents, Says US Supreme Court in Samsung Case

ABS News Service/09.12.2016

 

Surcharge Cess of 33% and 25% Forced Deposits (for PM Gharib Kalyan) to Launder Black Money

·    Government Enters into 50:50 Deal with “Black Money” SBNs Holders to Compete with Money Launderers (They Launder for 80:20)

·    85% Cost if Money Found by ITO

·    75% Cost if Money Declared to ITO only

ABS News Service/01.12.2016

 

Revised Draft Model GST Law, Draft IGST Law and Draft Compensation Law

CBEC Website

 

Former PM and FM Manmohan Singh Hits Out at Demonetisation

·    Challenges Jaitley to Name Any Country which Disallows Depositors from Withdrawing their Own Money

Rajya Sabha Debate on 24.11.2016

 

Rs. 1000 Note Demonetised

·    500 Note Remonetised for More Transactions

PIB (MoF) Press Release dated 24th November 2016

 

Majority of Participants have now Implemented ITA Expansion Commitments

· India Maintains that 4G Telecom Equipment Not under ITA

ABS News Service/24.11.2016

 

Trump on Trade

ABS News Service/24.11.2016

 

RCEP Meets in Cebu, Philippines

ABS News Service/24.11.2016

 

Azevêdo Throws Hat for Second Term as WTO Chief

ABS News Service/24.11.2016

 

EU to Modify Anti-dumping Rules to Allow Artificial Price for All Cases of “Distortive” Pricing for China and Other Countries

ABS News Service/24.11.2016

 

Lawrence Summers, Former US Treasury Secy and now Harvard Professor on Dishonour of Indian Currency Note by Indian Government

ABS News Service/24.11.2016

 

Yen May Falls to 110 and Rebounds to 100 on Trump Risks as Demand Rises

ABS News Service/24.11.2016

 

GST Scanner

GST Rates Not Decided

· Draft GST Bills to States for Comments without Rate Schedule

ABS News Service/24.11.2016

 

Hasmukh Bhai to Decide on Exemptions

ABS News Service/24.11.2016

 

India Manages Veto Power at RCEP through “Single Undertaking” Clause

ABS News Service/24.11.2016

 

Finance Ministry Freezes 60% of the Economy with Demonetization of 500 and 1000 Rupee Bank Notes

·   New RBI Governor Plays Fin Min Game

·   Board Passes Resolution to Impose Ban on Ground of Black Money Curb and Terrorist Financing which are not in RBI Mandate

·   Fin Min Reneges on Resolution to Honor Promise and Support Currency to Meet Bank Note Value on Demand

·   Gross Violation of Negotiable Instruments Act, 1881 on Promissory Notes with Government itself Dishonouring its own Issue of Rs. 16 lakh crores in Circulation

·   RBI Liable under Promissory Estoppel Law as Cash with User Loses Volume Suddenly

·   New Procedures Onerous and Discretionary, Nothing to do with Value of Currency which is fully Transferable Negotiable Instrument

Ministry of Finance Department of Economic Affairs Notification dated 8 November 2016

 

Telecom Ministry Starts Trend on Checks on Manufacture Value Addition (VA) for Export Subsides

ABS News Service/10.11.2016

 

GST Scanner

Rates of Tax is GST Draft Law

ABS News Service/10.11.2016

 

GST: More the Rates, More the Exemption and More the Exceptions

ABS News Service/10.11.2016

 

Coal, Crude, Metals, Sugar, Rubber and Urea Rise in October

·   Precious Metals, Edible Oil, Food, Rice, Timber Down

·   Groundnuts, Woodpulp, Rock Phosphate Steady

World Bank

 

Delhi High Court Swings to Support of Dolby Sound Patents

·   24 Courts Commissioners Raid Mobile Manufacturers across India to Seize Patent Infringing Stocks and Records

·   Xiomi, Oppo, Gionee, Videocon, Optimus Mobile factories under Attack

ABS News Service/04.11.2016

 

GSTN to Borrow Rs.800 crs for Infrastructure Cost

·   Authority to Charge Users for Cost Recovery, Tax Compliance Charge to be Borne by Tax Payer

·   Centre and State Government as Beneficiaries of GST Not Prepared to Pay for Collection Cost?

·   Gains will come to them from Profits with Rs. 10 crs Paltry Shareholding

ABS News Service/04.11.2016

 

DGFT BRC Data, IEC Code and Forex Realisation to be Shared with GSTN

·    19mn e-BRCs available on DGFT Site

PIB (MoC&I) Press Release dated 28th October 2016

 

GST Scanner

GSTN Moves Forward to Shortlist 88 Service Providers to Interface with Network

ABS News Service/27.10.2016

 

Old VAT in New Bottles – Multiple-rate GST Bad for India

ABS News Service/27.10.2016

 

New Revised DTAA between India and Korea

ABS News Service/27.10.2016

 

US Looks to Agro and Animal Products in India

ABS News Service/27.10.2016

 

Big 5 in BRICS Meet in Goa with South Asia and Burma Heads, Pak Excluded

ABS News Service/20.10.2016

 

GST Scanner

Four-tier GST Structure in 6% – 26% Proposed

ABS News Service/20.10.2016

 

AK Bhalla Takes Over from Anup Wadhawan

·    Another Change of Rider in DGFT Saddle

ABS News Service/20.10.2016

 

Mandatory Standards for Products and Services in Health, Food Sector on Anvil

·    Rs. 2/kg Wheat and Rs. 3/kg Rice will soon be available to all Beneficiaries under Food Security Act

ABS News Service/20.10.2016

 

Sept Exports Up 4.62% to $22.9bn, Imports Down by 3%

PIB (MoC&I) Press Release dated 14th October 2016

 

Electronics Ministry to Adopt HS Frame for GST

ABS News Service/13.10.2016

 

Vehicles are not Luxury, Hi GST only for Luxury Vehicles

·    Tax Electronic Vehicles in Merit Goods

ABS News Service/13.10.2016

 

Metals and Grains Down in September, Gold and Silver Fall

·    Coal, Edible Oil, Sugar, Rubber and Urea Rise

·    Crude, Groundnuts and Woodpulp, Steady

World Bank Pink Sheet Oct 2016

 

BTA Gains to India Elusive in Japan Trade Deal

ABS News Service/13.10.2016

 

Theresa Starts Off Brexit

ABS News Service/13.10.2016

 

COP17 of CITIES Calls for Closure of Domestic Ivory Markets

ABS News Service/13.10.2016

 

Environmental Goods Agreement Goes Plurilateral

ABS News Service/13.10.2016

 

India One of the Worst Performer Among Global Exporters

·    India Exports Crash from $30bn per month to $20bn in Last Four Years as Economy Loses Competitiveness

·    WTO Forecasts World Trade Growth to Fall by 1.1% to jest 1.7% in 2016

·    2017 may be a Repeat of 2016

·    Contraction driven by slowing GDP and trade growth in China and Brazil

·    North America, which had the strongest import growth of any region in 2014-15 too has decelerated

ABS News Service/29.09.2016

 

Collapse of SAFTA after MFN Denial to Pak

ABS News Service/29.09.2016

 

China Slaps Double Duties on Distillers’ Grains Imports from US

ABS News Service/29.09.2016

 

First Meeting of GST Council Held in Vigyan Bhawan on 22 September: Centre, States

ABS News Service/29.09.2016

 

CBEC Releases FAQs on GST

ABS News Service/29.09.2016

 

WTO 13 to Begin Talks on Ban to Fisheries Subsidies

·    India Ups Subsidies on Marine Exports as Price for Shrimps Hit Ceilings

·    UNSDG 14.6 Calls for End of Subsidies, End of IUU (Illegal, Unreported and Unregulated Fishing)

ABS News Service/29.09.2016

 

UN Releases Report on Access to Medicines

ABS News Service/29.09.2016

 

OBITUARY – Deepak Kumar

ABS News Service/29.09.2016

 

India Loses Appeal in Solar Case with US at WTO

·    Held that Measures for Preference to Domestic Industry Violates WTO Rules

·    Move to Compliance Panel Next Step as India Drags Case

ABS News Service/23.09.2016

 

India to Challenge US Solar Subsidies at WTO

ABS News Service/23.09.2016

 

WTO Ruling Forces India to Open Chicken Leg Import from US

·    US Wants $450mn Annual Compensation for Lost Sale

·    Standards Changed to Absence of Low Pathogen Bacteria from High Pathogen but US Still Unhappy, Wants Ban Lifted on Low Risk Countries like US

ABS News Service/23.09.2016

 

US Takes China to WTO on Agro Subsidies, says Max 8.5% Binding Violated

·    Bali Agreement on No Disputes and Stand Still on Agri Subsidies Violated

ABS News Service/23.09.2016

 

FM Releases FAQs on GST

ABS News Service/22.09.2016

 

JNPT Opens Holding Yard for Parking Tractor Trailers which is said to Reduce Congestion at Gate by 90%

·    Parking Fee of Rs. 60 per 20ft Container to Apply

ABS News Service/16.09.2016

 

August Exports Stagnate at $21bn, Imports Fall to $29bn from $34bn over M to M

·   Service Slowdown to $12.8bn in July

·   Iron Ore Export Pick, Engineering Goods Enter Positive Zone

·   Electronics, Diamonds, Chemicals, Cotton Imports Rise Smartly

ABS News Service/17.09.2016

 

Govt Works on 4-Slab Rate for GST, Exemption for 50 percent Goods and Services

ABS News Service/15.09.2016

 

Five Petroleum Products (Crude, HSD, MS, ATF and NG) under GST Soon

ABS News Service/15.09.2016

 

Survey says GST Impact Positive on FDI

ABS News Service/15.09.2016

 

India gives Ok 28.6% Tariff Lines with Preference of 33.4% to China and Korea in Bangkok Agreement (APTA)

·    Mongolia Joins APTA

ABS News Service/15.09.2016

 

Welspun Cheats on Egyptian Cotton in Bedsheets, Wal Mart and Target Cancel Export Orders

ABS News Service/15.09.2016

 

Monsanto Going for $56bn in Sale Deal with Bayer

·    Only Three MNCs to Remain in Field with China

ABS News Service/15.09.2016

 

Donald Trump’s 45% Tariff will Wipe $420 bn Off China Exports, FDI to Exit?

ABS News Service/15.09.2016

 

Russia on the Mat at WTO – Loses Two Cases

ABS News Service/15.09.2016

 

RCEP (ASEAN+6) Talks may Miss December 2016 Target

·    Single Tier System for Tariff Cuts Prevail Over India Proposed Three Tier System

ABS News Service/15.09.2016

 

TPP Ratification in US Congress Not this Year

ABS News Service/15.09.2016

 

GST Council Constituted on 12 Sept 2016 – Secretariat with Office in Delhi – Revenue Secy, Chairman CBEC, One Addl Secy and Four Commissioner of Jt Secy Rank in Secretariat

·    Fate of Empowered Committee of State Finance Ministers uncertain Centre Unlikely to Support “Trade Union” of State FMs

ABS News Service/13.09.2016

 

G20 Leaders Statement on Key Issues

ABS News Service/08.09.2016

 

Modi Attacks Pak at G20 Summit

ABS News Service/08.09.2016

 

MoEF Invites Comments for GM Mustard Release

ABS News Service/08.09.2016

 

Use Scheme Code 62 Name for SAA of 4.04A (45/2016) AA for Garment Export with Drawback for Lining Scheme

ABS News Service/02.09.2016

 

FIEO Worried on Export Impact of High GST

ABS News Service/01.09.2016

 

Business Suggests Seven Point Formula to G20

ABS News Service/01.09.2016

 

India and Mauritius DTAA to Tax Capital Gains in India from Next Year

ABS News Service/01.09.2016

 

India Hosts Meet on Trade Stats

ABS News Service/01.09.2016

 

Steel Prices may Rise by Rs. 2,000-2,500 a tonne

ABS News Service/01.09.2016

 

India-Cyprus Double Taxation Agreement Approved

·    Capital Gains to be Taxed in India

ABS News Service/31.08.2016

 

Cabinet Approves Agreement and the Protocol between India and Cyprus for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion

ABS News Service/26.08.2016

 

DEUTSCHE BANK’S $10-BILLION SCANDAL

ABS News Service/26.08.2016

 

China Readies for G-20 Meet, Closes Factories for Clean Air

ABS News Service/26.08.2016

 

China Opens Further to on Foreign Investment to Finance and Telecom Revive Spending

ABS News Service/26.08.2016

 

Gold Piles Up in Singapore Vaults, 90% Jump

ABS News Service/26.08.2016

 

23 Member National Committee on Trade Facilitation (NCTF) Constituted under Cabinet Secretary with Two other Layers

MoF Order/11.08.2016

 

TPP and RCEP: ANZEA and Japan in Linking Role

ABS News Service/17.08.2016

 

Exports Fall 6.84% in July; Imports Fall 19.03%

PIB (MoC&I) Press Release dated 12th August 2016

 

Crude, Food and Fertilizers Down in July

·    Metals, Precious Metals, Natural Gas, Cotton and Rubber Rise

·    Sugar, Bananas and Woodpulp, Steady

World Bank Pink Sheet

 

GST Constitution Amendment Bill Gets Lok Sabha Nod, Now on to State Assemblies

ABS News Service/12.08.2016

 

India Backs Out on Zero Duty in RCEP

·    Nirmala Ready for Single Stage Reduction on Japan Demand in Laos Meet

ABS News Service/12.08.2016

 

JSW Profits Up as Costs Plunge and Govt Helps Keep Prices Up

ABS News Service/12.08.2016

 

Rio Tinto BHP Rejects Proposed A$7.2 Billion Mining Tax Hike

ABS News Service/12.08.2016

 

India Asks for Arbitration after Losing Chicken Legs Case at WTO Appellate

·    US Wants Compensations, Asks for Right to Suspend $450bn Concessions

·    Original Dispute Panel to Hear Case

ABS News Service/04.08.2016

 

South Africa Launches Safeguard Investigation on CR Steel Sheets on ArcelorMittal Complaint

ABS News Service/04.08.2016

 

Uruguay Joins Argentina in Race to Host WTO Dec 2017 Ministerial

·    Closing Date for Contest 31 Aug, Winner to be Declared by Oct

ABS News Service/04.08.2016

 

Peru, Saudi Arabia Ratify Trade Facilitation Agreement

ABS News Service/04.08.2016

 

Japan’s Shinzo Abe Fires Stimulus, Cabinet Give OK to $73bn New Spending

·    Cash Handouts to the Poor

ABS News Service/04.08.2016

 

UNCTAD IV Draws Up Roadmap to End Fisheries Subsidies by WTO Ministerial 2017

ABS News Service/04.08.2016

 

Yen Falls on $265bn Abe Stimulus Report, Europe Advances China Stocks Sink; Oil Drops

ABS News Service/28.07.2016

 

START-UP INDIA STATES CONFERENCE

Highlights of Speech by Commerce and Industry Minister Nirmala Sitharaman

ABS News Service/28.07.2016

 

CBEC Gets Good Marks in Self Financed Survey

ABS News Service/28.07.2016

 

ED and DRI to Crack Down on Cos for Non Realization of Export Proceeds after Claiming Drawback

PIB (MoF) Press Release dated 21st July 2016

 

Fourteen Coastal Eco Zones to be Developed by Sagarmala Corp

ABS News Service/23.07.2016

 

Quality Standards for Import of Goods

ABS News Service/23.07.2016

 

Finally, Exports Rise 1.27% in June after 18 Months

ABS News Service/21.07.2016

 

G-20 Trade Ministers Meet in Shanghai to Inject Additional $2tn in GDP by 2018

ABS News Service/21.07.2016

 

EU Joins US in Spat over Export Controls in China

ABS News Service/21.07.2016

 

Ivory Trade in CITES Conference – Africa Wants Full Stop, EU Ready for Comma

ABS News Service/21.07.2016

 

Cashew Exports Fall 22% in Q1 on Higher Raw Nut Prices

ABS News Service/18.07.2016

 

US Blocks Renewal of Korean Appointment to WTO Appellate Panel, Claims Judge going beyond Stated Law

ABS News Service/18.07.2016

 

Government Accepts the Recommendations of Sub-Committee of the High Level Committee to Interact with Trade & Industry on Tax Laws on Issues Relating to Compliance Procedure for the Excise Duty, Records to be Maintained and other Relevant Administrative Issues

PIB (MoF) Press Release dated 13th July 2016

 

WCO Highlights World Informal Trade in Tobacco

ABS News Service/14.07.2016

 

Iron Ore’s Rapid Surge Shows Steel Revival

ABS News Service/14.07.2016

 

WTO Holds E-Commerce Discussions on Digital Divide between the Poor and Rich

ABS News Service/14.07.2016

 

Weak Yuan Pushes China Exports

ABS News Service/14.07.2016

 

EU Commission: CETA to Face Votes in National Parliaments

·    Nations Assert themselves, Follow Brexit

ABS News Service/14.07.2016

 

Crude, Coal and Precious Metals, Food Rise in June

· Fertilizers, Wheat, Rubber, Iron Ore and Copper Down

· Natural Gas, Bananas and Woodpulp, Steady

World Bank Pink Sheet

 

Sunil Mittal Takes Chairmanship of ICC for Two Years

ABS News Service/04.07.2016

 

Centre to give Farm Exports an Organic Booster Shot

ABS News Service/04.07.2016

 

David Cameron Urges EU for Border Control on Labour Inflows to Remain in Europe

ABS News Service/30.06.2016

 

Angela Merkel sees no chance of British U-turn on Brexit, Start the Divorce Process

ABS News Service/30.06.2016

 

Canada Tables E-commerce “Communication” at WTO, Wants Bank Account of Counterfeiters Sealed

ABS News Service/30.06.2016

 

India Jumps 19 Places in World Bank’s Logistics Performance Index

ABS News Service/30.06.2016

 

India in MTCR Club, Can Now Export Arms

ABS News Service/30.06.2016

 

US Announces US$300mn in Payments for Cotton Producers

ABS News Service/30.06.2016

 

EU Clinches Political Deal to Curb Conflict Minerals Trade

ABS News Service/30.06.2016

 

Colombia Loses Compound Tariff Case at WTO Appellate Body

·    Plea of Curbing Illicit Trade and Money Laundering Not Allowed

ABS News Service/30.06.2016

 

RCEP Countries Conclude Auckland Round, All 10 including India Submit Offers

ABS News Service/30.06.2016

 

J.K. Tyres Exports of Radial Tyres through New Mangalore Port

ABS News Service/25.06.2016

 

Textile Package Released

Extra Duty Drawback for Garments to Refund VAT, Advance Licence Imports Considered Domestic Inputs in Calculations

ABS News Service/24.06.2016

 

Export Fall Arrested, May Shows Decline of 0.79%; Imports Fall 13.16%

PIB (MoC&I) Press Release dated 15th June 2016

 

Britain Set to Exit EU in 22 June

·    Free Movement of Labour under Attack, Barricades Come up on the Isles

ABS News Service/15.06.2016

 

US-China Spar Over Steel in Beijing

ABS News Service/15.06.2016

 

Steel Ministry Wants Fresh Lease Life to Steel MIP Expiring Aug

ABS News Service/15.06.2016

 

Central Port Authorities Act to Replace Major Port Trust Act

ABS News Service/15.06.2016

 

UNCTAD Meet in Nairobi on 17 to 22 July 2016

ABS News Service/15.06.2016

 

Consolidated FDI Policy Circular of 2016

ABS News Service/15.06.2016

 

Crude, Coal, Food and Precious Metals Rise in May

·  Fertilizers, Wheat, Rubber and Metals Down

· Natural Gas, Bananas and Woodpulp, Steady

World Bank

 

Aluminium Downstream Manufacturers Protest on Hindalco Safeguard Duty Proposal in Aluminium Ingots

·    Jindal Aluminium of Bangalore behind Ad released in Leading Papers under Pseudonym of "Patriot"?

ABS News Service/09.06.2016

 

India-US Joint Statement during the Visit of Prime Minister to USA

ABS News Service/09.06.2016

 

World Bank Cuts 2016 Global Growth Forecast to 2.4 percent

ABS News Service/09.06.2016

 

ONGC Videsh Plans First Dollar Debt in 2 Years

ABS News Service/09.06.2016

 

Govt Cracks Down on E-Commerce Websites, No More Discounts Beyond 25%

·   Market Place Model under Attack

ABS News Service/01.06.2016

 

Philip Morris Resorts HK-Australia Investment Treaty in Cigarette Labelling Case

·   Demands $4.16bn Compensation

·  Tobacco Major Loses Case

ABS News Service/01.06.2016

 

World Steel Producers Call for Market Oriented Restructuring with Exit and Mergers

ABS News Service/01.06.2016

 

China, Japan Demand Low Tariff from India in ASEAN + Talk

ABS News Service/01.06.2016

 

Xiaomi Ties Up with Microsoft, Buys Patents

ABS News Service/01.06.2016

 

KPT and JNPT to Put Up $85mn for Two Terminals and Three Berths in Chabahar Port

·  Rival to China Supported Gwadar Port in Pak

·  India Moves towards Iran as US Loosens Sanctions

·  Entry into Afghanistan and Central Asia thru Iran Proposed

·  Energy Intensive Investments in Free Trade Zone

ABS News Service/26.05.2016

 

China Export is “Non Standard”, EU Parliament Passes Resolution

ABS News Service/26.05.2016

 

India Opens to Myanmar thru Asean FTA, Normal Trade from 1 Dec 2015

ABS News Service/26.05.2016

 

DGFT Promises Enlargement of MEIS on Funds Receipt from Fin Min

FIEO Press Release dated 20th May 2016

 

April Exports Decline 6.7%; Imports Fell 23%

Gold Imports Plunged 60% in April, Gems and Jewellery Exports up 17%

ABS News Service/13.05.2016

 

Cabinet approves National Intellectual Property Rights Policy

“Creative India; Innovative India: रचनात्मक भारत; अभिनव भारत

ABS News Service/13.05.2016

 

Indian Vessel under UN Sanction for Carrying Disputed Libyan Oil Freed

ABS News Service/13.05.2016

 

Budget Session Concludes; Session Productive, says Minister Shri M.A.Naqvi

·    Government’s Outreach to Opposition Resulting in Better Functioning of Parliament, says Minister

·    Sittings of Parliament and Bills Passed by Lok Sabha over last 2 years Increased

·    Over a Dozen Reform Bills Passed in 2 years and Parliament needs to do More to Push Reforms; GST Bill likely next Session-Minister

·    1,175 Outdated Laws Repealed during last Two Years

ABS News Service/13.05.2016

 

Parliament Passes the Insolvency and Bankruptcy Code

PIB Press Release/11.05.2016

 

Tax on Royalty Down to 10%

PIB Press Release/08.05.2016

 

India Goes into Consultation with US at WTO on Visa Fee Hike

PIB Press Release/10.05.2016

 

Capital Gains Tax in India for Mauritius Investment from 2017

ABS News Service/13.05.2016

 

Crude, Metals and Precious Metals, Food Rise in April

·  Gold and Fertilizers Down

·  Natural Gas, Coal, Shrimp, World Sugar, Woodpulp, Steady

World Bank Pink Sheet

 

Parliament Passes Finance Bill

·  Electronics Duty Structure Fine Tuned

ABS News Service/12.05.2016

 

Q&A Panama Papers

ABS News Service/12.05.2016

 

17 Member Group in WTO Negotiation for Plurilateral Deal in Environment Goods Agreement for 200 Items

ABS News Service/12.05.2016

 

US to Hit at Currency Manipulators

·  China, Japan, Korea, Taiwan and Germany Named as “Big Five”

ABS News Service/12.05.2016

 

FIEO is 50 Years Old

ABS News Service/12.05.2016

 

7,000 Delegates to Visit Kenya for UNCTAD Conference

ABS News Service/12.05.2016

 

India Questions WTO Panel Findings in Solar Cell Case

Claims Electricity Procurement from Solar Cells Exempted under Govt Procurement

Short Supply of Electricity in Country Allows Restrictions

Appellate Body to give Ruling in 90 Days

ABS News Service/04.05.2016

 

Obama Wants UK to Stay in EU

ABS News Service/04.05.2016

 

Ministry Presents TFA to MPs

ABS News Service/04.05.2016

 

Gold Crosses $1,300 Threshold after Three years in the Dumps

Dollar Falls, Japan Holds Back on Stimulus

ABS News Service/04.05.2016

 

China says Cheap Steel is Food for Hungry Industry

ABS News Service/28.04.2016

 

Seven Joins to Attack India on 4G Telecom Tariff

ABS News Service/28.04.2016

 

Special Rules of Origin to Help LDC Exports at Zero Duty

ABS News Service/28.04.2016

 

India Ratifies Trade Facilitation Agreement, We are 76th in the List of Accepting Countries

ABS News Service/28.04.2016

 

Appellate Body Overrules Panel, says Argentina does not Discriminate against Panama in Financial Services on Account of “Non Co-operation”

ABS News Service/28.04.2016

 

US-China Ink “Out of WTO” Deal over Subsidy to Settle Dispute

ABS News Service/28.04.2016

 

Saudi Arabia Going Bankrupt?

ABS News Service/28.04.2016

 

Commerce Ministry Launches Twitter Seva for Instant Response to Query Messages to Handle - #mociseva will Fetch Answers from Special MoC Twitter Cell

PIB (MoC) Press Release dated 21st April 2016

 

Gold Imports Crash in March, Trade Deficit, Export Fall Arrested

·  India’s Trade Deficit at a Record Low Of $5 billion in March

ABS News Service/21.04.2016

 

Fund-Bank Spring Meet Downs Growth Forecast

ABS News Service/21.04.2016

 

Japan’s Imports Drop Again, Yen Strengthens 10%, Trade in Surplus

ABS News Service/21.04.2016

 

Concor to Transport Empty Containers from Cochin Port to Coimbatore Free of Cost for a Period of Six Months

PIB Press (MoS) Release dated 13th April 2016

 

Press Note on Service Tax on Spectrum Sale and Transfer

Source: PIB Press (MoF) Release dated 14th April 2016

 

India on the Mat Over 4G Telecomm Equipment at WTO

·  US, Japan and EU Feel 10% Duty Violates IT Agreement and Tariff Binding

·  India says these goods have come into Post WTO IT Agreement, No Zero Duty

·  Spat in WTO to begin, the IT World to Watch India vs Developed Countries Match

·  India Case Weak since WTO Panel has held that Description in IT Agreement will Prevail Over HS Code

ABS News Service/14.04.2016

 

No Improvement in World Trade in 2016, Only 2.8% Growth

             Growth in 2017 may be 3.6%, Improvement of 8 Points

ABS News Service/14.04.2016

 

British Virgin Island Registers 500,000 Companies, Unleashes Storm

Over 500 Indian in List Uncovered by Independent Journors

Amitabh Bachchan Claims Account Opened by Imposter, Daughter in Law Aish says Her Brother Opened Account

ABS News Service/14.04.2016

 

Crude, Metals and Precious Metals Rise; Fertilizers Crashes in March

·  Natural Gas, Fertilizers Down

·  Aluminium, Groundnuts, Bananas, Woodpulp, Steady

World Bank Pink Sheet March 2016

 

DRI Investigating Over Invoicing of Coal to Send Money out of Country

ABS News Service/07.04.2016

 

DRI Issues Alert on Coal Import

DRI F.No. DRI/HQ-CI/SOD/Misc-33/2016-CI Dated: 30/31.03.2016

 

Brazil Ratifies Trade Facilitation Agreement

ABS News Service/07.04.2016

 

Industry Expects Imports to Halve to 6mn tonnes following 20% Safeguard Duty on HR Steel

ABS News Service/07.04.2016

 

Comments on New Coffee Bill 2016 Invited

Ministry of Commerce & Industry Office Memorandum dated 23 March 2016

 

Parrikar Finds $3 bn Lying Forgotten in US Account

ABS News Service/23.03.2016

 

Health Ministry Bans more than 300 Fixed Dose Combinations

MOHFW Notification [S.O. 705(E) to 1048(E)] dated 10th March 2016

 

Feb Export Fall again by 5.7% to 20.7bn, Imports down 5%

·      Bottom in Sight? Trade Expects Pick Up by Year End

·     Garments Export Up 9.2% in Rupee Term, Gold Falls 22%

ABS News Service/16.03.2016

 

India Takes US to WTO Over H1B and L1 Visa Fee Hike in Dec 2015, Claims MFN and NT Violation

·     Nasscom Alleges Annual Injury $400mn

ABS News Service/16.03.2016

 

China Gains $460bn from Commodity Slump

·    Picnic Over, Prices Rising Again

ABS News Service/16.03.2016

 

Crude, Metals and Precious Metals Rise; Fertilizers Crash in Feb 2016

World Bank Pink Sheet Feb 2016

 

CBEC Simplifies 1% Jewellery Excise System to Ward off Trade Offensive

PIB Press Release/04.03.2016

 

FIEO Asks for Service Tax Exemption on Services going into Exports; Wants Corpus at 1% of Export Value in MAI and MDA

ABS News Service/20.02.2016

 

Pak to Get Eight F-16 Fighters for $88mn with US Finance

·  India Contracts 36 Rafale for $200mn with Own Money

·  Fast Fighter Race between Neighbours on!

ABS News Service/18.02.2016

 

Pope Speaks Up for Free Movement of Migrant Labour

ABS News Service/18.02.2016

 

Jan Exports Fall again to $21bn, Down 13.6% on Jan 2015

Imports of Energy Crashes but Machinery Stable

Textile Exports Deep in Negative Zone

Beverages: Tea and Coffee Look up

Tobacco Rises, Gem and Jewellery Show Signs of Buoyancy

Commodities: Iron Ore, Refined Oil Crash

ABS News Service/18.02.2016

 

AIIB Plans $100bn Release for ‘One Belt One Road’

ABS News Service/18.02.2016

 

UK Wants Out from EU

London Asks for Vito Power over Euro, Curbs on Free Movement

ABS News Service/18.02.2016

 

Global Binding Aircraft Emission Standards on the Anvil

2% of All CO2 Emission are from Flying Machines

ABS News Service/18.02.2016

 

Hong Kong CE Leung in India

ABS News Service/11.02.2016

 

Swiss Banks to Pay $1.36bn Penalties to US, Sign “Non Prosecution” Agreements with US

·     50% Penalty for those who Disclose Late

ABS News Service/04.02.2016

 

Commerce Minister Tells Officers to Help Exporters “Yesterday” Instead of “Tomorrow

·      India Serious on RCEP (ASEAN 10 + China, Japan, Korea + Australia – New Zealand, India)

·     Exporters say that April 2016 will Reverse Falling Trend

ABS News Service/04.02.2016

 

EU Slaps 13% Anti-Dumping Tariffs on Chinese Steel, Including Rebar

China Takes 36% Share in Market in Two Years

ABS News Service/04.02.2016

 

Auto Sector in Indonesia wants Relief from Steel Anti-dumping Duty

ABS News Service/04.02.2016

 

Hollande Visits India to Push Rafale Deal

ABS News Service/28.01.2016

 

Hollande and Modi Launch International Solar Alliance to bring together 122 Countries in Gwal Pahari, Gurgaon

ABS News Service/28.01.2016

 

China Wins in Appeal at WTO in EU Fasteners Case

·   India Case cannot be a Full Surrogate for China NME says WTO AB

ABS News Service/28.01.2016

 

Future of World Economy by Vivek Wadhwa – Stanford University

ABS News Service/28.01.2016

 

Imports Fall 3.9%, Electronics up 21% to $3.8bn, Pulses Double, Gold Triples

·  Exports in Dec Fall again by 14.8%, Textiles up 5%, Agri buoyant

ABS News Service/21.01.2016

 

No Tax Holiday for New Units in SEZs

ABS News Service/21.01.2016

 

US Blinks on COOL for Meat to Avoid Canada, Mexico Retaliation

ABS News Service/21.01.2016

 

Russia Rattled as Ukraine Shacks up with EU

ABS News Service/21.01.2016

 

Obama Calls for TPP Ratification in Final State of the Union Speech

ABS News Service/21.01.2016

 

Iran Sanctions Lifted, Crude Crashes

ABS News Service/21.01.2016

 

Steel Shrinks in China for First Time Since 1991

ABS News Service/21.01.2016

 

US Court Holds Samsung Infringes Apple Software Copyright

ABS News Service/21.01.2016

 

India at the Top with 7.4% Growth Forecasted in 2016, 0.9% Higher than China

·  Three South Asia Countries in Top Five

·  China, Taiwan in Grave Risk of Recession

ABS News Service/14.01.2016

 

Commodities Fall to Lowest Since the 1991 on Oil Rout

ABS News Service/14.01.2016

 

South Africa, US Settle Poultry Dispute

· Suspension of SA from AGOA Stayed Over Avian Flu

ABS News Service/14.01.2016

 

China Trade Shrank in Dec

ABS News Service/14.01.2016

 

China’s Iron Ore Imports Surge as Steel Output Rises and Prices Crash

ABS News Service/14.01.2016

 

Thailand to Purchase Rubber from Farmers to Shore Up Prices

ABS News Service/14.01.2016

 

India move to Boost Border Trade with Myanmar

ABS News Service/14.01.2016

 

Trade with Cambodia, Laos, Myanmar and Vietnam

ABS News Service/14.01.2016

 

Crude, Gas, Grains, Metals, Precious Metals Crashes in Dec

• Edible Oil, Logs, Aluminium and Lead Up

• Sugar, Woodpulp, Rock Phosphate and TSP Steady

World Bank

 

FIEO Pleads for Reform in States, use of Rail Transport to Step up Exports

ABS News Service/08.01.2016

 

China Totters, World Market Crashes

·     Two Circuit Breakers at 5% and 7% Fail to Arrest Fall, Investors Exit Amid Signs of Slowing Economy, Weaker Currency

·     It’s Quite Unexpected, More Panic Selling?

ABS News Service/07.01.2016

 

FIEO Wish List before FM on 6 Jan in Pre Budget Meeting

ABS News Service/07.01.2016

 

Japan Joins up with US in WTO Case on China Aircraft Tax of 17% on Imports

·    Domestic Industry Exempted, Discrimination Alleged

ABS News Service/07.01.2016

 

Cocoa- 2015’s Best Commodity, This Year’s Nightmare

ABS News Service/07.01.2016

 

US Threatens New Sanctions on Iran

ABS News Service/07.01.2016

 

The Negotiable Instruments (Amendment) Bill, 2015 Notified

·     Jurisdiction for Cheque Bouncing Offence Committed under Section 138 Clarified

ABS News Service/07.01.2016

 

The India-Africa Trade Connection - Kenya Open for Business

ABS News Service/31.12.2015

 

Will The U.S. Dollar Land More Gains Next Year? 2016 Rise May not be Steep!

ABS News Service/31.12.2015

 

Prime Minister Modi to Personally Monitor Pulse Prices

·     I-T Raids on Brokerages, Traders in 4 Cities to Check Pulse Hoarding

·     Seized Stocks Rot in State Government Warehouses as Price Threatens to Rise Again

·     No Attempt to Outsource Farming in Land Surplus Tanzania which accounts for 27% of Tuar Dal Imports into India

ABS News Service/31.12.2015

 

Saudis Cut Subsidy to Increase Fuel and Electricity Price

ABS News Service/31.12.2015

 

India to Issue $2.5bn of Rupee Bonds in New Year

ABS News Service/31.12.2015

 

Cotton Rises on Failure of Pak Crop

Cotton Corp and Gujarat Govt Shore up Price

ABS News Service/31.12.2015

 

Nairobi Ministerial of WTO Ends, US has its Way

India Isolated again, Signs on Dotted Line

ABS News Service/26.12.2015

 

India Eclipsed at WTO Ministerial

Minister Sitharaman Fights a Fruitless Battle

ABS News Service/26.12.2015

 

ITA II Concluded in Nairobi

Arun and Asim Goyal from Nairobi

ABS News Service/17.12.2015

 

WTO Nairobi Ministerial- Direct Reports

WTO Ministerial Begins – Its DDA vs TPP

ABS News Service/16.12.2015

 

India Wants WTO to Discuss Farm Subsidies of the Rich

ABS News Service/16.12.2015

 

India, China Cross Fence to Support Doha Agenda

·     Wants Way Forward on Market Access, Agri, TRIPS

·     TPP Challenges WTO Authority, Developing Countries Seek Refuge in WTO

ABS News Service/12.12.2015

 

Yuan Finally Lands in IMF SDR Basket of Four ($, €, £, ¥)

   IMF Certifies Yuan is Widely Used, Widely Traded

   Revised Basket Comes into Effect from 10 Oct 2016

   India to Take a Call on Rupee Convertibility to Yuan

ABS News Service/12.12.2015

 

‘Heart of Asia’ Meets to Connect with Afghanistan

ABS News Service/12.12.2015

 

Crude, Edible Oil, Metals, Precious Metals Crash Again in Nov

·     Coal, Sugar, Urea Up

·   Woodpulp, Rock Phosphate and TSP Steady

ABS News Service/07.12.2015

 

Draft Nairobi Ministerial Declaration

ABS News Service/04.11.2015

 

Climate Talks Over Potluck Dinner

Only Pav Bhaji in Javadekar Tray?

ABS News Service/04.11.2015

 

US Bathia (India) Reappointed in WTO Appellate Body

ABS News Service/04.11.2015

 

Modi at Climate Change Paris Meet

ABS News Service/04.11.2015

 

ASEAN 10 Creates New Community under Malaysia’s Chairmanship, Erects Wall against India, China

ABS News Service/27.11.2015

 

Some Highlights of PM Modi Visit to KL and Singapore

ABS News Service/27.11.2015

 

Afghanistan to Join WTO at Nairobi Ministerial

ABS News Service/27.11.2015

 

Saudi Riyal Shakes with Crude Fall, Link to Dollar Weakens

ABS News Service/27.11.2015

 

Indonesia Rejoins OPEC as its 13th Member

ABS News Service/27.11.2015

 

Ombudsmen to Mew to Meet Trade Association to Solve Procedural Problems and Refund Delays

ABS News Service/20.11.2015

 

Technology Import Subsidy for MSME

ABS News Service/19.11.2015

 

Zambia Fails International Beef Standards

ABS News Service/19.11.2015

 

Oct Exports Fall by 17.53%; Imports Down 21%

Trade Says Prospects Bleak

ABS News Service/16.11.2015

 

WTO Disputes Reach 500 Mark – Pak Files Complaint against South Africa in Cement Dispute

ABS News Service/14.11.2015

 

TBT Meet Discusses Tyres, Toy Safety and Food

ABS News Service/14.11.2015

 

GE-Indian Railways to Make 100 Locos per year in $5.6bn Deal

ABS News Service/14.11.2015

 

Crude, Edible Oil, Precious Metals Gain in Oct

·   Coal, Natural Gas, Urea, Metals Down

·   Groundnuts, Woodpulp, Cotton and Rubber Steady

World Bank

 

Draft Structure and Terms of Reference of South Asia Crime Network Finalised

ABS News Service/07.11.2015

 

Swachh Bharat Cess of 0.5% as Service Tax on All Services from 15 Nov 2015 Announced

ABS News Service/07.11.2015

 

Judiciary Lays Down the Law Again!

No Human Embryos, Please

ABS News Service/06.11.2015

 

US for 236% Anti Subsidy Duty on Chinese Galvanized Steel, India at 7.7 percent

ABS News Service/06.11.2015

 

ACP Trade Ministers Say No to Doha Conclusion at Nairobi Ministerial

ABS News Service/06.11.2015

 

Trade Costs Translates to 210% Tariff

ABS News Service/06.11.2015

 

Trade Restrictions on the Rise in G20

ABS News Service/06.11.2015

 

Delhi Declaration 2015 – India-Africa Forum Summit

ABS News Service/30.10.2015

 

India-Africa Framework for Strategic Cooperation

ABS News Service/30.10.2015

 

Finally Najib Shah is Full Time Chairman CBEC, ACC Approves Appointment

Public Pressures Forces Minister to Relent, Justice to Star Performer

ABS News Service/30.10.2015

 

40 African Heads to Land in Capital

India Seeks Larger Footprint in the Dark Continent

ABS News Service/29.10.2015

 

Africa Business Leads – Key Events

ABS News Service/29.10.2015

 

4th India Africa Trade Ministers Meeting held in New Delhi – Joint Statement

ABS News Service/27.10.2015

 

CWM now Offers Valuation Services at All Major Ports in India

ABS News Service/21.10.2015

 

50th Ratification of Trade Facilitation Agreement received

ABS News Service/21.10.2015

 

Iran Moves Towards Compliance on Nuclear as Sanctions Lifting Begins

ABS News Service/21.10.2015

 

Sept Exports Crash 24.33%; Imports Fall 25.42%

ABS News Service/16.10.2015

 

Non Tariff Barriers and 10% Gold Duty Spurs Gold Smuggling

ABS News Service/15.10.2015

 

Gold Surge to 3½-Month High

ABS News Service/15.10.2015

 

Excise Intelligence Cracks Down on Service Tax Evasion of Rs. 3.24 crs by Bangalore Builder

DGCEI, Bengaluru Press Note F.No. V/30/2015-16/BZU dated 9th October 2015

 

Dept of Revenue Issues Sept 2015 Provisional Indirect Revenue Collection Details

Excise Revenue Jumps 70%

CBEC Office Memorandum (F. No.297/07/2015-CX.9) dated 9th October 2015

 

Setting Up of High Level Committee to Interact with Trade and Industry on Tax Law

Press Note/12.10.2015

 

Mini Nairobi Package on LDCs for Nairobi WTO MC10

Bangladesh Leads the LDC Pack

ABS News Service/15.10.2015

 

BoB, HDFC in Forex Fraud Case of Rs. 3500 Crs

ABS News Service/15.10.2015

 

Customs Goa Declaration – ASEM Commits to Developed Countries Agenda of Trade Facilitation and IPR Protection

ABS News Service/10.10.2015

 

Najeeb Shah Inaugurates 44 Members Asia Europe Customs Meet at Goa, Calls for Income Tax and Customs Cooperation

ABS News Service/10.10.2015

 

Commerce Secy Meets 27 EPCs to Stop Crashing Exports, Says No to Demand for More Incentives

ABS News Service/10.10.2015

 

FIEO Lists 36 Items for Annual $22bn New Exports

ABS News Service/10.10.2015

 

Commonwealth Finance Ministers Meet in World Bank in Lima

ABS News Service/10.10.2015

 

New DGFT Wadhawan Holds PRC Meet on Advance Authorization and Left Hand Drive Cases, Softens Stance in Regularisation

ABS News Service/10.10.2015

 

Only 11 Cases Approved by FIPB in 11 Sept Meet

ABS News Service/10.10.2015

 

12 Nations on Pacific Rim Sign TPP Pacts in Atlanta

ABS News Service/08.10.2015

 

TPP Trade Deal: Who Stands to Gain, Suffer in Asia-Pacific; China Biggest Loser

ABS News Service/08.10.2015

 

No Manipulation of Forex Rates Allowed in TPP

ABS News Service/08.10.2015

 

Abe Wants China in TPP, Japan Agri under Threat of Cheap Imports

ABS News Service/08.10.2015

 

Gold Smuggling Rises with Onset of Festive Season

Official Import Low Due to Non Tariff Barriers

ABS News Service/08.10.2015

 

CBEC Chairman Najib Shah is only “Acting” as Chief

  Action against Adani comes in the Way

  Complaints by in-service Competitors Holds up Promotion

ABS News Service/08.10.2015

 

Theft of Mobiles at Airports

ABS News Service/08.10.2015

 

CBEC to Host 11th Asia Europe Meeting (ASEM) on Trade Facilitation and IPR at Goa on 8-9 Oct 2015, All Heads of Customs to Attend

ABS News Service/06.10.2015

 

India and Germany Sign Agreements for Furthering Cooperation in the Field of Science & Technology

ABS News Service/06.10.2015

 

WTO Cuts Trade Growth by 0.5%

ABS News Service/03.10.2015

 

Agri Support Measures on the Mat at WTO

ABS News Service/03.10.2015

 

Modi – Obama Welcomes Vision on Asia Pacific

ABS News Service/03.10.2015

 

RBI Cuts Repo Rate by 50 bps; Keeps CRR at 4%

ABS News Service/03.10.2015

 

Gadkari Pushes for Urea Plant in Rs. 1 lakh cr investment in Iran’s Chabahar Port SEZ

ABS News Service/03.10.2015

 

China, Australia Struggles with Accession to GPA

ABS News Service/03.10.2015

 

FIEO Hopes for Better Credit Demand after RBI Interest Cut

ABS News Service/03.10.2015

 

Tur and Urad Dal from Burma, Onions from China and Egypt Flow in

ABS News Service/03.10.2015

 

Enforcement Directorate under IPS Officer Karnal Singh Cracks Down on Moin Qureshi, Registers Money Laundering Case against Meat Exporter

ABS News Service/03.10.2015

 

Income Tax Department Raids RK Marbles Group, King of Marble Trade

ABS News Service/03.10.2015

 

Kavita Gupta Addl DGFT Mumbai Moves to Textile Commissioner Mumbai for Two Years

ABS News Service/24.09.2015

 

Euro 500mn Farmer Aid Package in EU

ABS News Service/24.09.2015

 

European Commission Draft on Investment Court

ABS News Service/24.09.2015

 

Commodity Stocks Fall, Govt Bonds Rally With Yen

ABS News Service/24.09.2015

 

South Africa Allows US Chicken in Special Deal

ABS News Service/24.09.2015

 

Kurds cannot Sell Oil in U.S.

ABS News Service/24.09.2015

 

ChAFTA (China – Australia FTA) Undoes Abbott

ABS News Service/24.09.2015

 

Russia’s Plan to Crack Tor Crumbles

ABS News Service/24.09.2015

 

Xi Jinping in US, China on the Defensive

ABS News Service/24.09.2015

 

PM Modi’s US Visit Stage: $2.5-bn Attack Chopper Deal and Kerry-Sushma Dialogue

ABS News Service/24.09.2015

 

Permanent UNSC Seat: Global Policing Burden for India’s Men and Materials

ABS News Service/24.09.2015

 

Dollar Is Overvalued?

ABS News Service/24.09.2015

 

China in SAARC Threatens India’s Dominance

ABS News Service/24.09.2015

 

Denmark Needs Immigration to Boost 1.5% Growth Rate

ABS News Service/24.09.2015

 

EU Wants TRIPS Waiver Forever on Pharma Products for LDCs

ABS News Service/24.09.2015

 

August Exports Crash 21%; Imports Fall 10%

ABS News Service/17.09.2015

 

Germany Hosts Migrants Looking for Refugee from War

  Economies to Gain from Cheap Migrant Labour

  War Implements Free Movement of Labour

  WTO should Recognize the Migrant Movements to Protect Labour Rights under ILO

  Germany is expecting 800,000 refugees this year- the most of any country in Europe

ABS News Service/17.09.2015

 

How Low Can Oil Go? Goldman Says $20 a Barrel Is a Possibility

ABS News Service/17.09.2015

 

U.S. Dollar is Gaining Like It’s the 1980s – For Better or Worse

ABS News Service/17.09.2015

 

Anup Wadhawan Takes Over as New DGFT from Pravir Kumar

ABS News Service/10.09.2015

 

Vietnam Launches Safeguard Investigation on Monosodium Glutamate

ABS News Service/10.09.2015

 

Crude, Metals, Palm Oil, Grains, Precious Metals Prices Fall Continues in August

World Bank

 

Revenue Secretary Hasmukh Adhia takes over from Das

ABS News Service/03.09.2015

 

CBDT Announces 15 Lakh Reward to Informants for Tax Recovery

Instruction No.7/2015 [F.NO.385/21/2015-IT(B)], Dated 26-8-2015

 

Chairman CBEC Assures No Hold Ups of Drawback to Exporters

ABS News Service/03.09.2015

 

Putin’s Got a New Problem with China

ABS News Service/03.09.2015

 

Xiaomi Considers Introducing Laptop to Compete With Apple

ABS News Service/03.09.2015

 

Oil Hits $40, Petrol Prices Fall to Rs. 61 in Delhi

ABS News Service/03.09.2015

 

New Directorate for Tax Payer Services in CBEC, DG Inspection Renamed as Directorate of Performance Management

Order No. 02/Ad.IV/2015 dated 17 August 2015

 

DG Safeguards Examines Steel for Action

ABS News Service/03.09.2015

 

Niger, First LDC to Ratify the Trade Facilitation Agreement

ABS News Service/03.09.2015

 

Apple Loses German Top Court Case on Swipe-to-Unlock Patent

ABS News Service/03.09.2015

 

First Swiss Recession in Six Years

ABS News Service/03.09.2015

 

Yuan Falls 2.9 percent, Reserves Take a $40 Billion Hit

ABS News Service/20.08.2015

 

OPEC’s ‘Fragile Five’ Face Rising Cost in the Fight for Oil Market Share

ABS News Service/20.08.2015

 

Rupee Recovers, Export Fall Slows

ABS News Service/20.08.2015

 

U.S. Wins at WTO Compliance Panel on China Duties on Steel

ABS News Service/20.08.2015

 

July Exports Fall Again by 10.3%, Imports Fall 10.28%

ABS News Service/18.08.2015

 

Joint Statement between the United Arab Emirates and India

PIB (PMO) Press Release dated 17th August 2015

 

China Devalues Yuan by 1.9%, Forex Market in Turmoil as Stocks Fall

Rupee Expected to Fall

ABS News Service/13.08.2015

 

India Drops EU FTA for the Time Being

ABS News Service/13.08.2015

 

Lights Off in Digital India as Environment Ministry Bans Import of Electrical and Electronics Machinery in Second Hand Condition

ABS News Service/13.08.2015

 

PET Scrap Import Banned

ABS News Service/13.08.2015

 

Top Management Attested Documents Must for Filing Anti-dumping Petitions

DGAD Trade Notice No. 02 dated 3rd August 2015

 

Winners and Losers from China’s Yuan Devaluation

ABS News Service/13.08.2015

 

Excise Intelligence Cracks Down on Service Tax Evasion by Insurance Companies, False Sale Invoices to Detect IRDA and Service Tax Evasion Found

ABS News Service/13.08.2015

 

Crude, Metals, Grains, Precious Metals Prices Crash Continues in July

Gas, World Sugar and Cotton Steady

World Bank

 

Energy Derivatives Bubble Near Bursting

ABS News Service/08.08.2015

 

Oil Crash Wipes Out $1.3tn in Value

ABS News Service/08.08.2015

 

Cotton Yarn Returns to US as Chinese Labour Rises

ABS News Service/08.08.2015

 

US Restores GSP to India with Retrospective Effect from 1 Aug'13

ABS News Service/08.08.2015

 

Guatemala Scores Over Peru in Agriculture Duties Case

ABS News Service/08.08.2015

 

India Builds Destroyers to Match the 62 Subs of China, US Boosts Efforts

ABS News Service/08.08.2015

 

Korea Ship Builders Lose to China as Oil Crashes

ABS News Service/08.08.2015

 

Russia Defends Rouble, Cuts Purchases of FC

ABS News Service/08.08.2015

 

US Loses to Argentina on Beef Ban at WTO, Lifts Ban

OIE Grants Zero FMD Status to Argentina

ABS News Service/08.08.2015

 

Kazakhstan Approved, Liberia Moves Towards WTO Membership

ABS News Service/08.08.2015

 

IT Agreement II Signed by 22 Majors (China, Taiwan, Japan, Thai, MY, SG, EU, US)

·   27 Other Signatories of ITA I (India, Indonesia, Russia, Egypt) not on Board

·   New ITA not to Cover Consumer Goods

·   Telecomm Broadened, Instruments and Multi Components ICs in, Wider Coverage for Monitors

·   Implementation by End of 2015, Final Zero Duty by End 2018

ABS News Service/31.07.2015

 

Russian Gas Wants Access to EU Market

ABS News Service/31.07.2015

 

China Stock Market Crash – Individual Investors, Margin Investors

ABS News Service/31.07.2015

 

Yuan Falls in Hong Kong, Volatility Rises

ABS News Service/31.07.2015

 

Russia Seeks $117bn in HK as Sanctions Hit Bond Issue

ABS News Service/31.07.2015

 

Minister says IPR Policy to Fully Protect Patents, GIs and Copyrights

Micromax Gets 1.25th Million International Trademark

ABS News Service/23.07.2015

 

TISA Moves Forward, Byepassing WTO

ABS News Service/23.07.2015

 

U.A.E. Removes Fuel Subsidy

ABS News Service/23.07.2015

 

Bailout Reforms Put Heavy Pressure on Greece’s Shipping Industry

ABS News Service/23.07.2015

 

Exports Slide Continues, Down 15.8% in June; Imports to Fall by 13.4%

ABS News Service/18.07.2015

 

CSIR Claims Victory in Nutmeg Mouthwash Bottle with Colgate Palmolive with Help from TK Database

PIB (MoS&T) Press Release dated 16th July 2015

 

US Swings Deal with Iran to Bring Oil Major in Global Mainstream

Shia Power to Check on Sunni ISIS

This is Probably going to go Down in History as One of the Biggest Diplomatic Successes of the Century

ABS News Service/16.07.2015

 

Pakistan (and India) also Win from Iran Deal as Gas Pipeline Gets New Life

ABS News Service/16.07.2015

 

Iran’s Nuclear Deal Means and the Global Crude Oil Market

ABS News Service/16.07.2015

 

India and USA Signs Inter Governmental Agreement (IGA) to Implement the Foreign Account Tax Compliance Act (FATCA) to Promote Transparency on Tax Matters

ABS News Service/16.07.2015

 

President Rouhani: Mission Accomplished

ABS News Service/16.07.2015

 

Crude, Metals, Grains, Precious Metals Crash in June

World Bank

 

Online Payment Facility for DGFT Application Fees through Credit/ Debit Cards

ABS News Service/09.07.2015

 

Modi at BRICS Business Council

PIB (PMO) Press Release dated 9th July 2015

 

India Takes 18% in $100bn BRICS Forex Pool, China Chips in 41%

ABS News Service/09.07.2015

 

Observers India and Pakistan to Join the Shanghai Cooperation Organization, Iran too in the Waiting

Central Asia to Join North Asia and South Asia?

ABS News Service/09.07.2015

 

BRICS in Identity Crisis with Four Languages between Five Nations

ABS News Service/09.07.2015

 

24 Nations Services Trade (TISA) Secret Negotiations Shows TNC Interest Dominating Civil Society

ABS News Service/09.07.2015

 

Russian, Chinese Leaders Use SCO and BRICS Summits to Talk Projects

ABS News Service/09.07.2015

 

Obama Signs Trade Promotion Authority for 3+3 years, TPP Stars Rise

ABS News Service/09.07.2015

 

WTO Strikes Down Ukraine Safeguhttp://worldtradescanner.com/ards on Japanese Cars

ABS News Service/09.07.2015

 

FIEO Meets FM on Declining Export Issue, Pleads for Interest Subsidy and Faster Incentive Disbursal

ABS News Service/06.07.2015

 

Greece Misses $1.7 Billion IMF Payment, Joins Zimbabwe, Sudan and Cuba in Defaulters Club

ABS News Service/02.07.2015

 

Fifth Global Review of Aid For Trade

ABS News Service/02.07.2015

 

New WCO Guide to Customs Valuation and Transfer Pricing

ABS News Service/02.07.2015

 

China, Japan Anti-dumping FANs Push WTO for Transparency, Due Process, but US, India, Turkey Reluctant

ABS News Service/02.07.2015

 

G-20 Members Implementing Fewer Trade Restrictions, WTO Says

ABS News Service/02.07.2015

 

WTO Members Try to Break Farm Subsidy Logjam

ABS News Service/02.07.2015

 

Work Allocation of New CBEC Members Released

Najib Shah, Chairman in Waiting gets Budget, Neerja Shah Excise, Ashok Kaushal Customs, Krishnan Service Tax, Vanaja Sarna Personnel and Ram Tirath Law and Judicial

ABS News Service/26.06.2015

 

WCO Adopts HS2017 New Classification to replace HS2012 from 1st January 2017

·   Non-Alcoholic Beer gets New Code 2202.91 and 2202.99

·   Multi-component ICs (MCO) Recognized Separately under Heading 8542

·   New Codes for Strategic Trade Items for Food Security, Chemical Weapons

·   New Deal for Electric Vehicles under Heading 8702 and 8703

ABS News Service/26.06.2015

 

Interpol, WCO Link Up with Pharma to Crackdown on “Illicit” Medicines

·   Pharma Producers in Third World and Consumers Affected

·   International Intra Government Bodies Sing to the Tune of MNCs

·   UN Principles of National Sovereignty Violated

ABS News Service/26.06.2015

 

China Imports Fall, Asia Exporters Struggle

ABS News Service/26.06.2015

 

Kazakhstan at Last Stage in WTO Membership

ABS News Service/26.06.2015

 

Botswana Ratifies Trade Facilitation Agreement

ABS News Service/26.06.2015

 

Agri Export Subsidies Fall

China Requests Waiver of 8.5% Domestic Subsidy Limit

ABS News Service/26.06.2015

 

Singapore’s Export Decline, Signs of Global Slowdown?

ABS News Service/19.06.2015

 

WCO 2015 Council Meets, New Office Bearers Elected

India Loses to Brazil in Contest for Directors Post

ABS News Service/19.06.2015

 

Amendments Effective from 1 January 2017

HS Nomenclature 2017 Edition

ABS News Service/19.06.2015

 

India Loses Appeal in WTO in Poultry Ban Case

·   US Allegation of “Arbitrary and Unjust” Discrimination Upheld

·   OIE Used as Support to Establish Discrimination in India

ABS News Service/18.06.2015

 

Thailand and Sierra Leone Join Kyoto Convention on Trade Facilitation,  101 Countries are In

ABS News Service/18.06.2015

 

GST Committees Formed for Drafting Law Impact Assessment

ABS News Service/18.06.2015

 

Export Crash 20% in May, Imports Fall 16.52%

ABS News Service/16.06.2015

 

Grains, Edible Oils and Urea Crash in May

Crude, Metals and Rubber Gain; Gold and Silver Steady

World Bank

 

SWIFT Says Yuan Now Most-Used in Asia for Payments to China

ABS News Service/04.06.2015

 

Yuan at Fair Value, No Undervaluation to Promote Exports

ABS News Service/04.06.2015

 

WHO to Review of “Counterfeit” Medicines Mechanism in 2017

ABS News Service/04.06.2015

 

Minimum Import Price (MIP) on Areca Nuts Raised

ABS News Service/04.06.2015

 

US Senate Approves Fast Track Authority for OK to TPP

ABS News Service/04.06.2015

 

Korea Slaps Restrictions on Japanese Food after Radiation Accident

ABS News Service/04.06.2015

 

Enactment of Finance Act 2015, 14% Service Tax Effective from 1 June 2015

Imposition of Swachh Bharat Cess “in Due Course”

ABS News Service/01.06.2015

 

Nhava Sheva Customs Commissioner Implements Supreme Court Order in SRF Case

·   Imported Goods Deemed Domestic for CVD Calculations

·   Excise Notifications with CENVAT Non Availment Condition for Excise Exemption to Apply on Imported Goods

·   Revenue Moves Supreme Court Vacation Bench for Review of SRF Case DB Judgement

ABS News Service/28.05.2015

 

Sub Saharan gets Another 10 Years for Duty Access to US Market

ABS News Service/28.05.2015

 

Finally, Najib Shah in Excise and Customs Board after One Year Wait

Modi Govt Fills CBEC to Full Strength with Five New Entrants

ABS News Service/28.05.2015

 

Joint Statement between the India and China during Modi visit to China on 15 May

ABS News Service/21.05.2015

 

India - Republic of Korea Joint Statement for Special Strategic Partnership on 18 May 2015

ABS News Service/21.05.2015

 

Joint Statement for India-Mongolia Strategic Partnership on 17 May

ABS News Service/21.05.2015

 

Dollar Exports Dip Again by 14% in April; Import Decline 7.48%

Rupee Fall may Arrest Declining Trend

ABS News Service/21.05.2015

 

PM Modi on Six Day – Five City East Asia Whirlwind Tour

ABS News Service/14.05.2015

 

INFORMATION TECHNOLOGY AGREEMENT

Swift Conclusion to ITA 2 Negotiations Urged at WTO

ABS News Service/14.05.2015

 

Brazil Questions US Corn, Soya Subsidy

ABS News Service/14.05.2015

 

Dinesh Kumar Elected as New EPCH Chairman

ABS News Service/14.05.2015

 

Korea’s Export Engine Slips into Reverse

Won Rises against Euro, Yen Saps Competitiveness

ABS News Service/14.05.2015

 

China Exports Fall in April Unexpectedly Contract, Import Slide Worsens

More Stimulus Seen

ABS News Service/14.05.2015

 

Rupee Crashes below 64 to the Dollar, Heading for 66?

ABS News Service/14.05.2015

 

EU, ASEAN in Trade Talk

ABS News Service/14.05.2015

 

Grains, Edible Oils and Urea Prices Crash in April

Crude, Metals, Gold and Platinum Gains

World Bank

 

Incentives given to Exports Sector is less than 1% of Total Exports, FIEO Reports

FIEO Press Release dated 7 May 2015

 

Text of the Statement Made by the Finance Minister in Rajya Sabha Relating to MAT on FIIS

PIB (MoF) Press Release dated 8th May 2015

 

Rupee Crashes on Fear of Fed Interest Rate Hike

ABS News Service/08.05.2015

 

India to Sign Chabahar Port Deal with Iran, Ignoring U.S. Warning against Haste

ABS News Service/07.05.2015

 

Turkey Launches Safeguard Investigation on Porcelain and Ceramic Tableware, Kitchenware

ABS News Service/07.05.2015

 

Azevêdo launches 10th WTO Ministerial Conference Logo

ABS News Service/07.05.2015

 

China to End Rare Earths Export Tax

ABS News Service/07.05.2015

 

GST Bill

·   Tax Rate on Revenue Neutral Rate

·   1% Tax on Interstate Commerce for 2 Years by Central Government

·   Compensation to States

·   Petroleum Products not in GST

ABS News Service/07.05.2015

 

China Pushes AIIB, Jaitley Sets Aside Funds for Lackluster BRICS Bank

AIIB Shines but No Funds from India

ABS News Service/30.04.2015

 

Import Licensing Meet at WTO – India on the Mat

ABS News Service/30.04.2015

 

Thai Rubber Crashes after Rice

ABS News Service/30.04.2015

 

WTO Launches Call for Proposals for 2015 Public Forum on “Trade Works”

ABS News Service/30.04.2015

 

China Hits at EU on Poultry Preferences to Brazil and Thailand

ABS News Service/30.04.2015

 

WTO Welcomes Seychelles as its 161st Member

ABS News Service/30.04.2015

 

Supreme Court Rules against Notional 1% Addition to Import Value for Loading

Government to Lose Rs. 750 crs Revenue?

Importers may File Claims for Past 1% Value Adds

ABS News Service/23.04.2015

 

Exports in March Fall 21%, Year 2014-15 Ends in Negative Growth

ABS News Service/23.04.2015

 

CBEC gets PM Award for IT Excellence

Annual 3bn Visits on Server

ABS News Service/23.04.2015

 

Egypt Launches Safeguard Investigation on White Sugar

ABS News Service/21.04.2015

 

Indonesia, Russia, Nigeria and India on the Mat at WTO for TRIMs on Local Content Requirements

ABS News Service/21.04.2015

 

Ashok Lahiri Committee for Reform of Trade and Industry on Tax Laws in Janpath Hotel Invites Suggestions

ABS News Service/21.04.2015

 

DGFT Backtracks on New System of Pre-shipment Inspection of Metal Scrap, Old System to Continue “Till Further Orders”

ABS News Service/15.04.2015

 

Sixty Three Commissioners Upgraded to Principal Commissioner in CBEC

ABS News Service/15.04.2015

 

Modi goes Shopping in Paris, Picks up 36 Rafale Fighters for $200mn(?) each for Delivery in 2017(?)

·   Its Goodbye to Protracted 14 Years Tender Negotiations with ToT and $87mn Price for Fighter

·   Anil Ambani and Rafale Fighter Jt Venture Soon to “Make in India”

ABS News Service/15.04.2015

 

Legalise Red Sanders Cultivation for Export Earnings

ABS News Service/15.04.2015

 

Commodity Prices Crashes in March

World Bank Pink Sheet

 

Two Horses Pull a Seven Horse Chariot, Only 2 Members Remain in CBEC

ABS News Service/08.04.2015

 

Minister Sitharaman Releases FTP 2015-2020, Claims New Foreign Trade Policy will Double Export to $900 bn in 2020

Trade says New Policy is “Old Wine in New Bottle” or “Less Wine in New Bottle”, Its Mere Repackaging

ABS News Service/06.04.2015

 

NEW FOREIGN TRADE POLICY (FTP) AIMS 900 BILLION EXPORTS BY 2020

A BANE OR BOOST?

ABS News Service/06.04.2015

 

Foreign Trade Policy 2015-2020 on April 1

ABS News Service/31.03.2015

 

Ludhiana Based SC Ralhan Takes Over from Leather Man Rafeeque Ahmed as FIEO Prez

ABS News Service/31.03.2015

 

Tough Black Money Bill Imposes 120% Burden on Money Outside India

ABS News Service/28.03.2015

 

Plain Cigarette Packaging in UK Soon

ABS News Service/28.03.2015

 

China Eyes December Outcome for Asia Trade Deal

ABS News Service/28.03.2015

 

African Tripartite FTA in June

ABS News Service/28.03.2015

 

Japan’s Exports Rise More Than Forecast, Supporting Recovery

ABS News Service/28.03.2015

 

High Court Quashes Moser Baer Anti-dumping Finding in Pen Drive Case

DGAD Erred in Violating Natural Justice

Revenue Holds Up Notification to Implement finding of DGAD on Court Order

ABS News Service/27.03.2015

 

One Year after Due Date, Nirmala says Foreign Trade Policy 2014-19 will be Announced “Soon”

ABS News Service/27.03.2015

 

Iran Nuclear Deal could Trigger Fresh Oil Price Crash

ABS News Service/27.03.2015

 

China Rises to Third Largest Arms Exporter in the World

ABS News Service/27.03.2015

 

India-EU April Summit Cancelled – FTA in Limbo Once Again

ABS News Service/27.03.2015

 

Passing Off and Trademark Law

ABS News Service/27.03.2015

 

Indonesia Challenges US 20% Anti-dumping Duty on Art Paper at WTO

ABS News Service/27.03.2015

 

List of MoU Signed between India and Mauritius

ABS News Service/18.03.2015

 

Excise Withdraws “Export” Status on Supplies in India to Duty Free SEZs and World Bank Projects

ABS News Service/13.03.2015

 

LDC Group Led by Bangladesh for Extension to TRIPS Patent Exemption

Current Waiver to Expire on 1 Jan 2016

ABS News Service/13.03.2015

 

EU takes Russia to WTO in Fourth Case

Alleges Violation of Bound Rates on Paper, Palm Oil and Refrigerators

ABS News Service/13.03.2015

 

Precious Metals, NG, Metals, Urea and Edible Oils Fall

Crude Gains

ABS News Service/13.03.2015

 

World Bank Suggests OPEC Cartel will Dissolve

ABS News Service/13.03.2015

 

Budget Money Laundering Amendment to Hit Customs Clearances

Deficient "False" Declarations on Documents under Sec 132 of Customs Act may Land Traders in Jail under PMLA!

ABS News Service/12.03.2015

 

Budget 2015 – Tomorrows Headlines Today

ABS News Service/26.02.2015

 

US, Guatemala FTA Labour Dispute Advances

ABS News Service/26.02.2015

 

OPEC Members Fight for Market Shares, Say No to Production Cuts

ABS News Service/26.02.2015

 

WTO Gives Mixed Ruling in China Anti-dumping Duty on EU/Japan Stainless Steel Tubes

ABS News Service/26.02.2015

 

Russia Taxes Grain Exports to Check Domestic Prices

ABS News Service/26.02.2015

 

Abe Pushes Agricultural Reforms, TPP to Bolster Third Arrow of Reform Agenda

ABS News Service/26.02.2015

 

Ukraine Currency Falls 11%, Exchange Control in Place

·   IMF Announces $17.5bn Bail Out

·   Country Going Bust with No Money in Sight

ABS News Service/26.02.2015

 

WTO Appellate Body Begins Hearings on US Compliance in COOL Dispute

ABS News Service/26.02.2015

 

Transaction and Compliance Costs to Rise with More Powers to Agencies to “Curb Black Money”

ABS News Service/26.02.2015

 

DRI Seizes Rs. 30 Crs Meow Meow Mephedrone

Drug Inserted in NDPS Act in Feb this Year

PIB (Mof) Press Release dated 22nd February 2015

 

Budget Officers Go Underground after Halwa Ceremony

PIB (MoF) Press Release dated 19th February 2015

 

US Launches Open Challenge to China “Free Services” to Exporters at WTO

150 Clusters Across Seven Sectors under Attack

ABS News Service/19.02.2015

 

G20 Fin Ministers Meet in Istanbul, Exchange Fluctuations, Stimulus and Fall in Oil Prices

ABS News Service/19.02.2015

 

China Open External Borrowings, Copper Trade Financing Falls

ABS News Service/19.02.2015

 

Exports Fall $3bn in Jan’15 over Jan’14

ABS News Service/16.02.2015

 

Crude Leads Import Fall of 11.4% in Jan’15 over Jan’14, Diamond Falls, Intermediates Rise Substantially

ABS News Service/16.02.2015

 

Commodities Exports Falls in Jan 2015

Iron Ore, Petro Products Crash

ABS News Service/16.02.2015

 

FIEO Chief Says Exporters Uncertain on Future

FTP Delayed by Nearly One Year

ABS News Service/16.02.2015

 

India Files Appeal against WTO Panel Ruling in Chicken Legs Case

Avian Flu and Chicken Legs from US are Related?

ABS News Service/12.02.2015

 

HSBC Sheltered Cash Dictators and Arms Dealers

ABS News Service/12.02.2015

 

Top 100 HSBC Account Holders in Secret Accounts in FEMA/Money Laundering Net

RBI to Take Action against HSBC India!

ABS News Service/12.02.2015

 

Crude Crashes, NG, Coal, Metals, and Edible Oils Fall

Precious Metals, Urea Gains

World Bank

 

FIEO Pleads for Restoration of Interest Subvention, Export Refinance

ABS News Service/07.02.2015

 

The American Way of Getting Dirty Money Back from Swiss Banks – Lessons for India

ABS News Service/05.02.2015

 

Franc Rise Fuels Unemployment and Recession on Switzerland

ABS News Service/05.02.2015

 

Rajan Holds Rates with Eye on Budget After Unscheduled Cut

ABS News Service/05.02.2015

 

Steel Export Price may Fall to $525, Imports Crash

ABS News Service/05.02.2015

 

Wheat Prices Crash to $215 as France Enters Market

ABS News Service/05.02.2015

 

Oil Rallies with Labour Trouble in US Refineries, Temporary Relief for OPEC, Russia

ABS News Service/05.02.2015

 

Australia Cuts Interest Rate to Record 2.25%, Aussie Falls to New Low

ABS News Service/05.02.2015

 

International Pact on Protecting Marine Biodiversity by 2018

ABS News Service/05.02.2015

 

US Confirms Final Duties on China, Taiwan Solar Products

ABS News Service/05.02.2015

 

South Africa, US Seek Solution on Poultry Row Ahead of AGOA Renewal

ABS News Service/05.02.2015

 

Obama – Modi Joint Statement

ABS News Service/30.01.2015

 

New India-U.S. Delhi Declaration of Friendship Emphasizes Defence, Climate Change and Rule Based Markets

ABS News Service/30.01.2015

 

Commerce Ministry Sponsors Services Exhibit Over 40,000 sq.m in April as Showcase Event

ABS News Service/30.01.2015

 

India to Appeal against Chicken Legs Panel Ruling

ABS News Service/30.01.2015

 

US Insists on 100% Examination of Cargo for Arms and Nuclear Material

India to Foot Bill for Machines and Face Cancer Risk from Gamma and Ray Radiation

ABS News Service/30.01.2015

 

40 Audit Commissioners with 8000 Staff in Place to “Nab” Companies Evading Service Tax

ABS News Service/30.01.2015

 

Argentina Loses Local Sourcing Case again in WTO Appellate Forum

ABS News Service/30.01.2015

 

Australia Woos India for Free Trade Deal, Energy in Forefront

ABS News Service/30.01.2015

 

Greece under Left Rule, may Desert Euro Zone or Seek Debt Write Down

ABS News Service/30.01.2015

 

Swiss Franc Soars as Switzerland Abandons Euro Cap

ABS News Service/23.01.2015

 

Swiss Says No Info on HSBC Accounts

ABS News Service/23.01.2015

 

EU Allows Mango Import only through APEDA Certified Pack Houses

Ban Continues on Cucurbits and Brinjal

ABS News Service/23.01.2015

 

Poland Rushes to Cut Swiss Franc Risk, Zloty Crashes 22%

ABS News Service/23.01.2015

 

Gold Prices Top $1,300 an Ounce

ABS News Service/23.01.2015

 

Yen Climbs as Abe Slackens Stimulus; Pound Drops

ABS News Service/23.01.2015

 

Obama Puts Hope on Revival of Growth

ABS News Service/23.01.2015

 

US Farm Support Rises to Proposed Doha Ceiling

ABS News Service/23.01.2015

 

Chinese Government Abolishes Rare Earth Export Quotas

ABS News Service/23.01.2015

 

EU Reopens Anti-Dumping Probe into Chinese-Made Solar Glass

ABS News Service/23.01.2015

 

Oil Rises to $49 from Biggest Slide in Week as Volatility Rises

ABS News Service/23.01.2015

 

India’s Imports Decline by 4.78%; Export 3.77% in Dec 2014

PIB (MoC&I) Press Release dated 15th January 2015

 

Services Export Clock $12.473bn in Nov

PIB (MoC&I) Press Release dated 15th January 2015

 

WTO DG says TFA will Cut Cost by 15%

PIB (MoC&I) Press Release dated 16th January 2015

 

Anti-dumping Duty of Rs. 200 per Piece on Pen Drives Recommended

Impost to Spawn Rs. 1100 Cr Grey Market

China, Taiwan Allege “Sentencing without Hearing and Trial" in Violation of WTO Rules

ABS News Service/15.01.2015

 

Copper Crashes 19.3% Over Dec Average

Crude Fall Triggers Commodity Collapse

Bears Lead Attack on Metal Prices

ABS News Service/15.01.2015

 

Yen is the New Safe Have, Rises to 117 per Dollar, Aussia Falls 0.9% to 81 cents

ABS News Service/15.01.2015

 

World Bank Cuts Global Growth 0.4% to 3% in 2015

Falling Energy Price to Add 0.5% to World GDP

ABS News Service/15.01.2015

 

Crude Crashes, NG, Metals, and Edible Oils Fall

Precious Metals, Urea Gain

World Bank

 

Oil Drops below $50, U.S. Stockpiles Rise

ABS News Service/08.01.2015

 

No Demand for Cheap Euro at $1.18, Minus Interest Rate on Deposits, Bond Yields Negative

ABS News Service/08.01.2015

 

Gold Advances Best Run Since October

ABS News Service/08.01.2015

 

China Puts up $1tn in Next Two Years to Push Growth

ABS News Service/08.01.2015

 

Fast Track Indian Citizenship in OCI Route, PIO to become OCI

ABS News Service/08.01.2015

 

FTP 2009-14 to Continue Till 31st March 2015, says FIEO President Quoting Sources

Pleads for Retrospective Renewal of Interest Subvention Scheme

ABS News Service/02.01.2015

 

Concessional Duty of 10% Excise on Machinery, Consumer Durables and Electronics Expires on 31 Dec

Auto Industry Cut to 8% too Goes

Normal Duty of 12% to Apply from 1 Jan in New Year

ABS News Service/01.01.2015

 

BRICs Busted as Stocks in Russia, Brazil Crash

Outlook on Chindia Bright in 2015

ABS News Service/01.01.2015

 

Abe Offers Tax Cuts to Boost Wages and Savings, Promises 30% Tax Rate in Five Years

ABS News Service/01.01.2015

 

Islamist Attack Libya’s Largest Oil Terminal

ABS News Service/01.01.2015

 

Euro Falls to Two-Year Low of $1.21 as Yen Advances

ABS News Service/01.01.2015

 

Malaysia Floods Push Up Rubber, Palm Oil

ABS News Service/01.01.2015

 

ITA Expansion Talks Hit Roadblock

ABS News Service/29.12.2014

 

US TPR Highlights New Farm Bill, Economic Recovery

ABS News Service/29.12.2014

 

US Confirms Final Duties on Imports of China, Taiwan Solar Products

ABS News Service/29.12.2014

 

Rouble Swap Shows China Challenging IMF as Emergency Lender

ABS News Service/29.12.2014

 

Deal on ITA II in the Offing

ABS News Service/19.12.2014

 

Seychelles to be 161 Member of WTO

ABS News Service/19.12.2014

 

African Union Urges Concrete Action as Regional Trade Integration Hits Hurdles

ABS News Service/19.12.2014

 

Nairobi, Kenya to Host 10th WTO Ministerial Conference

ABS News Service/19.12.2014

 

Trade Agreements can Help Bridge the Rich-Poor Divide

ABS News Service/19.12.2014

 

Exchange Control in Russia Soon as Rouble Falls 17% to 80 per dollar

Debt Default could be Next?

ABS News Service/18.12.2014

 

Nuclear Power, Oil and Defence Sectors to Gain from Rouble Fall

ABS News Service/18.12.2014

 

Oil Trades Near 5-Year Low, Russia Matches OPEC Output Policy

Oil Futures Fall to $54

ABS News Service/18.12.2014

 

Rouble Price of Goods Rise in Russia as Sales Fall

ABS News Service/18.12.2014

 

Rupee Weakens to 13-Month Low as Dollar Rises

ABS News Service/18.12.2014

 

India’s Appeal in US Steel Case at WTO Upheld

ABS News Service/18.12.2014

 

Export Upturn in Nov, Rises 7.27%, Imports 26.79%

PIB (MoC&I) Press Release dated 15th December 2014

 

Govt Promises New FTP to Lok Sabha after “Consultation and Finalisation”

ABS News Service/15.12.2014

 

Climate Meet Seeks New Kyoto Pact

ABS News Service/15.12.2014

 

Guatemala Wins Peruvian Agriculture Duties at WTO on Price Controls on Agri Imports

RTA vs WTO Issue Ruling Famous WTO

ABS News Service/15.12.2014

 

Nirmala Sitharaman Unveils Indian Trade Portal

PIB (MoC&I) Press Release dated 8th December 2014

 

US to Appeal against WTO Ruling on Labelling of Origin Rules

ABS News Service/15.12.2014

 

PMO Writes to Ministries to Quantify Agro Subsidies

India Prepares Food Subsidy Data for WTO

ABS News Service/11.12.2014

 

Oil Crashes as OPEC Maintains Output

ABS News Service/11.12.2014

 

Chinese Hurdles on GMO Corn Import

ABS News Service/11.12.2014

 

China Announces 2014-2015 Maize Stockpiling Scheme

China Launches Price Support for Maize, Runs Out of Storage Space

ABS News Service/11.12.2014

 

China Steel Export Rise as Iron Ore Crashes

ABS News Service/11.12.2014

 

EU-Canada in FTA, ISDS in Focus

ABS News Service/11.12.2014

 

Crude Crashes, NG, Coal, Metals, Fertilizers and Precious Metals Fall

World Bank

 

Russia Drops South Stream 930km Sub Sea Gas Pipeline Plan

ABS News Service/05.12.2014

 

G20 Financial Stability Board Suggests “Bail In” thru Deposits to Bail Out Banks in Distress?

ABS News Service/05.12.2014

 

Gautam Ray, Former TRU Commissioner in Committee for Clarification in Tax Laws

ABS News Service/05.12.2014

 

SAARC Summit for Power Grid

No Deal on Road and Rail

ABS News Service/05.12.2014

 

USTR Raises MRP Labelling Issue with Nirmala

ABS News Service/05.12.2014

 

Rajan Holds Repo at 8%, Aims for 6% Inflation in 2016

ABS News Service/05.12.2014

 

Consumers Gain from Tumbling Oil Prices

Producers Poorer as Wealth Transfers to Consumers

ABS News Service/04.12.2014

 

Rouble Suffers Biggest 9% Fall Since 1998

Hits 52 against Dollar

ABS News Service/04.12.2014

 

Gold Retreats after Rally as Stronger Dollar Reduces Demand

ABS News Service/04.12.2014

 

WTO Members Sign off on Food Stocks, Trade Facilitation Decisions

Sets July 2015 Deadline for Doha

ABS News Service/04.12.2014

 

US to Hit 3.5% Growth in 2015, says IMF

Others may Follow

ABS News Service/04.12.2014

 

Nirmala Tells Parliament on Indian “Victory” on Food Security at WTO in Geneva

Source: PIB (MoC&I) Press Release dated 28th November 2014

 

Parliament Question on Pulses

PIB (MCA) Press Release dated 28th November 2014

 

SEZ Reform Measures Listed

PIB (MoC&I) Press Release dated 28th November 2014

 

SAARC Summit Salvaged after Handshake by Leaders of India, Pakistan

ABS News Service/29.11.2014

 

Kathmandu Declaration

ABS News Service/29.11.2014

 

India and United States Joint Statement on the Trade Policy Forum

ABS News Service/29.11.2014

 

New Foreign Trade Policy to Address Slowdown concerns of Exporters: Commerce Secretary

PIB (MoC&I) Press Release dated 26th November 2014

 

South Asia Meet in Kathmandu, Seeks to Promote Goods Movement thru Rail and Road

ABS News Service/27.11.2014

 

Geneva Moves to Multilateralise India-US Bilateral on Agro Subsidies

ABS News Service/27.11.2014

 

OPEC Plans Production Cuts to Push Oil Price Up from $80

ABS News Service/27.11.2014

 

Nitin Gadkari Flags-off Delhi-Kathmandu Bus Service

One Way Fare for 30hrs Journey Fixed at Rs. 2200

ABS News Service/27.11.2014

 

Australia, China in FTA

ABS News Service/27.11.2014

 

Maldova with EU

ABS News Service/27.11.2014

 

DIPP Abolishes Licensing for Ammonium Nitrate Fuel Oil

PIB (MoC&I) Press Release dated 20th November 2014

 

Probe Alleged Misuse of Free Trade Agreements with Sri Lanka and Nepal for Duty-Free Import

ABS News Service/21.11.2014

 

SAARC Motor Vehicle Agreement for the Regulation of Passenger and Cargo Vehicular Traffic amongst SAARC Member States

PIB (Cabinet) Press Release dated 20th November 2014

 

Gabon Announces Final Deal Reached with WTO Members on Tariff Changes

ABS News Service/21.11.2014

 

Exports Dip by 5% in Oct

PIB (MoC&I) Press Release dated 17th November 2014

 

Sectoral Decline Added to Disappointing Exports Setting an Alarming Trend: President, FIEO

ABS News Service/20.11.2014

 

G20 Decides on Global Priorities of Financial Stability, Climate Change

G20 Leaders’ Communiqué Brisbane Summit, 15-16 November 2014

ABS News Service/19.11.2014

 

G20 under Strain with Battles over Growth vs Stability

Second Despatch from Brisbane by Arun Goyal

ABS News Service/17.11.2014

 

Statement on WTO made by Commerce & Industry Minister

PIB (MoC&I) Press Release dated 13th November 2014

 

India Backs Off on Food Security on Fear of G20 Pressure
First Despatch from Brisbane by Arun Goyal

ABS News Service/13.11.2014

 

PM Modi Pitches ‘Make in India’ Dream in Myanmar

ABS News Service/13.11.2014

 

Prime Minister Modi Statement Prior to his Departure for Myanmar, Australia and Fiji

ABS News Service/13.11.2014

 

APEC Leaders’ Meeting Kicks off, Xi Urges Action

ABS News Service/13.11.2014

 

Xi Wins Leaders’ Support for Road Map on Asia-Pacific Trade Pact

ABS News Service/13.11.2014

 

No sign of Thaw in Obama’s Brief Encounters with Putin

ABS News Service/13.11.2014

 

Azevêdo Hails Breakthrough on the WTO’s Information Technology Agreement

ABS News Service/13.11.2014

 

Indian Wheat Exports to halve as New Food Scheme Boosts Demand, FAO Reports

ABS News Service/13.11.2014

 

LDCs Encourage WTO Members to Design More Effective Preferential Rules of Origin

ABS News Service/13.11.2014

 

WTO Report says Restrictive Trade Measures Continue to Rise in G-20 Economies

ABS News Service/12.11.2014

 

Azevêdo Departs for Talks at APEC and G-20

ABS News Service/12.11.2014

 

Initiatives to Facilitate Trade and Encourage Non-Adversarial Tax Administration

PIB (MoF) Press Release dated 7th November 2014

 

India to Provide Visa on Arrival Facility for Russian Business Visitors through Eighteen Airports

India and Russia Develop Framework for Tracking Key Priority Projects

PIB (MoC&I) Press Release dated 7th November 2014

 

There is Urgent Need for Technological Up-Gradation in Handloom and Power Loom Sector to Face the Challenges of Competitive World: Prime Minister

PIB (MoT) Press Release dated 7th November 2014

 

EU Farm Support Remains Minimally Trade-Distorting

ABS News Service/08.11.2014

 

Oil Crashes, Coal Falls but NG up, Metals Fall Continues

World Bank

 

US and Mexico to Settle Sugar Dumping Row

ABS News Service/08.11.2014

 

Africa FTA in Mid Dec in Cairo Meet

ABS News Service/08.11.2014

 

Poorest Landlocked Nations must be heard on Trade Facilitation, DG tells UN Meeting

ABS News Service/08.11.2014

 

Trans Pacific Partnership

ABS News Service/08.11.2014

 

Injection Moulding Machines in Anti-dumping Net on Four Producers Complaint, Constructed Prices used for “Dumping Margin”

ABS News Service/07.11.2014

 

G-20 Past and Present

ABS News Service/07.11.2014

 

Government Submits List of Black Money Account Holders to Supreme Court in Sealed Envelope, Buck Passed to SIT

ABS News Service/07.11.2014

 

Dollar Rise with Interest Rate Hikes

Gold Slides with Silver to Lowest Since 2010

ABS News Service/07.11.2014

 

Nickel Down even as Indonesia Bans Export, Aluminum, Zinc Rise

ABS News Service/07.11.2014

 

Oil Price to Remain below $100 Till End 2015

ABS News Service/07.11.2014

 

US Launches Probe on Post Modi Trade and Investment Regime

TF, Local Content, Computer Import Rules may Invite Retaliation

ABS News Service/06.11.2014

 

G-20 Meet in Brisbane to Focus on Structural Reform Measures to Up GDP by 2%

Meeting of G-20 Finance Ministers and Central Bank Governors, Cairns, 21 Sept 2014

ABS News Service/06.11.2014

 

India under Attack from G20 at Brisbane Meet

ABS News Service/06.11.2014

 

US Origin COOL Labels are not Cool, says WTO Panel

ABS News Service/31.10.2014

 

Milk Powder Falls 50%, Kiwi Drops

ABS News Service/31.10.2014

 

EU, China Resolve Telecoms Trade Dispute in “Give and Take” Spirit

ABS News Service/31.10.2014

 

TPP Meet in Sydney 25-27 Oct, Annual Meet in Nov

ABS News Service/31.10.2014

 

Biodiversity Meet in South Korea

ABS News Service/31.10.2014

 

EU, Singapore Finalises Investment Negotiations, Provisions of ISDS in Dispute

ABS News Service/31.10.2014

 

Seychelles Set for 161 Position as WTO Member, Binds Tariff at 9.5%, Adopts IPR Laws

Will Join ITA, GPA

ABS News Service/31.10.2014

 

Gold Import in Official and Smuggling Route Rise as Price Falls to $1200

ABS News Service/30.10.2014

 

G-20 Meets in Brisbane in Mid Nov, Seeks 2% Extra Growth Formula

Curbs on Global Tax Dodging on the Anvil

ABS News Service/30.10.2014

 

Protests Mount on Meeting of the G-20 Rich

ABS News Service/30.10.2014

 

Gas Pricing or Gas Wars?

ABS News Service/30.10.2014

 

US for Plurilateral on TFA without India!

ABS News Service/30.10.2014

 

Gas Price of $5.05 mmBtu for Five Months Notified

ABS News Service/30.10.2014

 

Prabha Sridevan to Head IPR Think Tank for DIPP, Ex WIPO Man Secy

PIB (MoC&I) Press Release dated 24th October 2014

 

Fake Exports from China to HK Surface, $10bn Detected

ABS News Service/28.10.2014

 

Ukraine, Russia Bury Hatchet to Pipe Gas to EU

ABS News Service/22.10.2014

 

Food Safety Kills Gourmet Kitchens

FSSAI gets Stay on HC Order Quashing Food Law

ABS News Service/22.10.2014

 

Stop Press: No Foreign Trade Policy on 20 Oct

ABS News Service/22.10.2014

 

EU Drops “Tar Sands” Distinction in Fuel Quality Directive

ABS News Service/22.10.2014

 

Developing Countries Share Rises in World Trade to Half, Exposure to Volatile Cycles Shoots

ABS News Service/22.10.2014

 

EU Releases Transatlantic Trade Mandate

ABS News Service/22.10.2014

 

India to Push Domestic Coal and Cut Imports

ABS News Service/22.10.2014

 

China Slaps Tariff on Coal Import, Aussies Miffed

ABS News Service/22.10.2014

 

Samsung Global Chief to Visit India in Nov for Digital India

India for Global Control on Telecomm thru ITU

ABS News Service/22.10.2014

 

Customs Commissionerates Double to 60, Service Tax Triple to 22

·      Audit Commissionerates Rise to 60

·      Cadre Restructuring for Effective Functioning and Career Growth Following TARC Report

PIB Press Release dated 15th October 2014

 

Stop Press: No Foreign Trade Policy Today

ABS News Service

 

Services Exports Yield $5.67bn Surplus in Aug

ABS News Service/17.10.2014

 

Indonesia Settles with US on Clove Cigarettes, Accepts Ban in Return for Concessions

US Made Menthol Cigarettes to Substitute Indonesia Clove Cigarettes

ABS News Service/17.10.2014

 

USTR Kick Starts Out of Cycle Review of India on Pharma Patents under Special 301

ABS News Service/17.10.2014

 

Foreign Trade Policy may not be Released on Expected Date of 20 Oct

ABS News Service/16.10.2014

 

American Chicken Legs in Punjabi Dhabas in the Offing

ABS News Service/16.10.2014

 

Sept Exports Fall Once Again

ABS News Service/16.10.2014

 

World Bank to Put up $7bn Plus Aid for Trade Facilitation

ABS News Service/11.10.2014

 

Rubber Crashes to $1.64, Iron Ore Plummets $82!

World Bank

 

US Pushes Capital Market Reform and Infrastructure Finance in Modi Visit

ABS News Service/09.10.2014

 

Modi to Visit Myanmar for ASEAN Followed by G-20 Australia Meet in Mid Nov

ABS News Service/09.10.2014

 

SCI Looks East, Launches India-Myanmar Service (IMS)

ABS News Service/09.10.2014

 

DIPP Approves Defence Joint Ventures between FDI and Indian Majors

ABS News Service/09.10.2014

 

Dollar Rises 7.8% against Euro, US Exports Affected

ABS News Service/09.10.2014

 

US to Pay $300mn to Brazil to Pay for Past Cotton Subsidies

ABS News Service/09.10.2014

 

Monetary Easing Fails to Provide Employment to 25% Youth in Europe, Labour Market Reform Advocated

ABS News Service/09.10.2014

 

Swedish Cecilia Malmström Slated Next EU Trade Commissioner

ABS News Service/09.10.2014

 

Brand Equity Fund Promotes Indian Pharma

ABS News Service/09.10.2014

 

WTO General Council Meets on 7 Oct on TFA, Post Bali Work Halts

ABS News Service/09.10.2014

 

DGFT Considers 31 Cases for Policy Relaxation in 16 September Meet, Very Minor Relaxation for Excess Import and Export Obligation Allowed, Most Cases Rejected

DGFT Website

 

Servansing of Mauritius in WTO Appellate Body

ABS News Service/04.10.2014

 

Modi Rocks NRIs at Madison Square, Toes the US Line at UN Assembly

ABS News Service/01.10.2014

 

Visa on Arrival India to Americans but Browns Must Stand in Line at Chanakyapuri!

PIO to Merge in OCI

ABS News Service/01.10.2014

 

Achche Din Agenda for Exporters

ABS News Service/01.10.2014

 

India Ranks Very Low in Ease of Doing Business, In Mid Position for Innovation and Competitiveness

ABS News Service/01.10.2014

 

Modi Promises Policy Clarifications within 72 Hours!

ABS News Service/01.10.2014

 

Modi Faux Pas

ABS News Service/01.10.2014

 

Tax Administration Reforms Commission (TARC) Second Report Calls Customs Reform

“Shun Gate Keepers Approach which Promotes Rent Seeking”, says Shome

ABS News Service/01.10.2014

 

Peanut Butter Substitutes Dairy Butter as Protein Source

ABS News Service/01.10.2014

 

WIPO Earns $724mn a Year on IP Registrations and Member Fees

   Outlines New Design Law Treaty

   US Opposes IGC Diplomatic Meet

ABS News Service/01.10.2014

 

WTO Forecasts Fall of 1.6% in 2014 Trade

New Rate Pegged at 3.1%, 2015 Forecast Cut to 4.0%

ABS News Service/25.09.2014

 

India-China Sign MOUs

ABS News Service/25.09.2014

 

G-20 Fin Ministers Meet in Cairns

US Easement may Stimulate Volatility and Instability in Rest of World, Growth Confined to US and UK only

ABS News Service/25.09.2014

 

G-20 Heads to Meet Two Months at Brisbane, Modi to Join Meeting

Targets Two percent Additional GDP in Five Year

ABS News Service/25.09.2014

 

Palm Oil Imports by India Surge 23% Record as Prices Slump, Malaysia Scraps Export Tax

ABS News Service/25.09.2014

 

Food Processing Ministry Pushes Investment and Skill Development

PIB (MOFPI) Press Release dated 22nd September 2014

 

Chinese Prez Xi Invites India for Regional Peace and Development, Sells Maritime Silk Road and Silk Road Belt

ABS News Service/19.09.2014

 

US to Push TF in Modi Visit for UN Meet at Month End

ABS News Service/19.09.2014

 

Red Star Over India? Xi Jinping in Abad with Modi

ABS News Service/18.09.2014

 

Chinese Industrial Parks in Sanand

ABS News Service/19.09.2014

 

China to Ban >40% High Ash Coal

ABS News Service/19.09.2014

 

FDI Shuns China as Microsoft/Apple Face Probes

ABS News Service/19.09.2014

 

China Takes Over Colombo with $1.4bn 233 ha Port City Project

ABS News Service/19.09.2014

 

Silk Road through Male but No to Pak

ABS News Service/19.09.2014

 

Ethiopia Envisages Entry into the COMESA Free Trade Area

ABS News Service/19.09.2014

 

Dollar Exports Crash to 2.35% in Aug. 2014

ABS News Service/19.09.2014

 

Eleventh Meeting of Finance Ministers’ of Asia Europe (ASEM)

ABS News Service/19.09.2014

 

India Tightens Vietnam Defence, Oil Ties Ahead of China’s Xi’s Visit

ABS News Service/19.09.2014

 

Rupee Gains for Second Straight Session on Fed Rate Hopes

ABS News Service/19.09.2014

 

EU Welcomes WTO ruling against Argentinian Measures on Imports

ABS News Service/12.09.2014

 

Clouds Over Solar Energy Projects?

ABS News Service/12.09.2014

 

Pears, Peaches and Cabbage Rot in Europe as Russia Bans Import

ABS News Service/12.09.2014

 

Indian Rupee Falls Most in a Week as Fed Rate Bets Boost Dollar

ABS News Service/12.09.2014

 

Dollar Rises to 6-Year High versus Yen on Fed Policy Bets

ABS News Service/12.09.2014

 

Gold Holds near Three-Month Low as Dollar’s Climb Curbs Demand

ABS News Service/12.09.2014

 

Nirmala Ducks Question on Firm Date for Foreign Trade Policy 2014-19, says Policy Release, “Very Soon”

ABS News Service/11.09.2014

 

India Formally Signs Trade in Services and Trade in Investments Agreement with ASEAN

ABS News Service/11.09.2014

 

China Posts Record Surplus as Exports-Imports Diverge

ABS News Service/11.09.2014

 

India Seeks to Elbow Out China on Rare Earths Export to Japan

ABS News Service/11.09.2014

 

Extract from the Joint Statement on the State Visit of Prime Minister of Australia to India

ABS News Service/11.09.2014

 

Crude, Metals, Precious Metals and Raw Materials Down in August

World Bank

 

Modi Visit Launches “India - Japan Special Strategic and Global Partnership”

ABS News Service/05.09.2014

 

Modi Yens for Jap Money, But its Not Free!

ABS News Service/05.09.2014

 

Commerce Ministry Sets Time Limit for SEZ Zonal Development Commissioners

ABS News Service/05.09.2014

 

Jordan Initiates Safeguard on A4 Writing and Printing Paper

ABS News Service/05.09.2014

 

India Looks East to ASEAN

ABS News Service/05.09.2014

 

India-Israel Bilateral Cooperation

ABS News Service/05.09.2014

 

Performance of the Economy in the 1st Quarter of the Financial Year 2014-15 Broadly on Expected Lines

ABS News Service/05.09.2014

 

Performance of the Economy in the First Quarter of the Financial Year 2014-15 Broadly on Expected Lines

PIB (MoF) Press Release dated 29th August 2014

 

India-Israel Bilateral Cooperation

PIB (MHA) Press Release dated 29th August 2014

 

WTO Programme of Meetings for 2014

WTO Secretariat/29.08.2014

 

Modi on Five Day Visit to Japan – Leads Delegation of 10 Business Men to Court Shinkansen 300 Km Bullet Trains

ABS News Service/28.08.2014

 

India is Safe for Japanese Money, Market Good for Low Price Japanese Goods

Japan Opens Doors to Indian Engineers to Lower Costs

ABS News Service/28.08.2014

 

Anti-dumping Duty Final Findings on Solar Cells Lapses after FinMin No to Protect Consumers

ABS News Service/28.08.2014

 

India and Japan Will Deepen Strategic Cooperation at September Summit

ABS News Service/28.08.2014

 

Karwar Godown Owner sent to Jail after High Court NBW for Service Tax Default

ABS News Service/19.08.2014

 

Malaysia Launches Safeguard Investigation on Hot Rolled Steel Plate

ABS News Service/19.08.2014

 

Gold Declines for Second Day as Palladium Reaches 13-Year High

ABS News Service/18.08.2014

 

PM to Launch Various Roads and Ports Projects in Maharashtra

PIB (MORTH) Press Release dated 15th August 2014

 

Many Questions on Viability of JNPT FTWZ after Customs Actions to Scuttle Existing FTWZ

ABS News Service/14.08.2014

 

Narendra Modi to Lay Foundation of JNPT $666mn Free Trade Warehousing Zone a Day after 15 Aug Independence Day

$321mn Eight Lane Road to JNPT Planned to Beef up Connectivity

ABS News Service/14.08.2014

 

Ad Co Chief in Lock up for Service Tax Evasion in Mangalore

ABS News Service/14.08.2014

 

Goa Air India Driver Teams up with Passengers to Bring in Gold

ABS News Service/14.08.2014

 

Uprooted Villagers to Get 400 sq ft per Head

ABS News Service/14.08.2014

 

Modi Wins Hearts in Nepal, Shakes Hands with Maoist Opposition Leader Prachanda

Highlights of Joint Press Statement on the Visit of the PM Modi to Nepal

ABS News Service/14.08.2014

 

Deals Signed with Nepal on Sushma Swaraj Visit of 25-27 July 2014

ABS News Service/14.08.2014

 

Metals, Precious Metals and Rice Up; Energy, Veg Oils, Wheat, Cotton and Rubber Down in July

World Bank

 

Nirmala Sitharaman in Lok Sabha Regarding "India's Stand in the WTO"

ABS News Service/14.08.2014

 

US Commerce Dept Confirms Anti-dumping Duties on China, Solar Products, Taiwan Roped in

ABS News Service/14.08.2014

 

Apple, Samsung in Patent Peace Pact on Phones

ABS News Service/14.08.2014

 

US ITC Determines No Injury on Threaded Rods Imports from India

ABS News Service/11.08.2014

 

Nepal to Host SAARC Summit in November

ABS News Service/08.08.2014

 

Open Letter to Prime Minister Modi

Please Stop Derailing WTO – Trade Facilitation is Good for India – It Helps Our Export and Consumer Welfare

ABS News Service/04.08.2014

 

Modi Goes Back on Bali – No TF, Demands Food Security Deal by Dec 2017, Cannot Wait for Three Years Till 2017 Ministerial

Question Mark on TF Deadline of 31 July

ABS News Service/04.08.2014

 

India Stance at WTO on 25 July

ABS News Service/04.08.2014

 

Hitachi Rare Earth Magnet Ends – China Steps in

Right Holders in Fight with Rivals

ABS News Service/04.08.2014

 

Solar Energy Shifts to Taiwan to Avoid US Anti-dumping on China

ABS News Service/04.08.2014

 

India gives Firm No to Bali and TF if No Solution to Food Security by Year End

PIB (MoC&I) Press Release dated 25th July 2014

 

US Warms End of WTO if India Blocks Bali

ABS News Service/29.07.2014

 

Rupee Set for Weekly Gain as India Eases Bond Cap for Foreigners

ABS News Service/29.07.2014

 

IMF Cuts 2014 Global Forecast after Slowdowns in China, US, Russia Slump

ABS News Service/29.07.2014

 

India Wins at WTO Over US Anti Subsidy Action on HR Coils

ABS News Service/24.07.2014

 

Rooibos Tea Protected in EU Trade Pact with SACU

ABS News Service/24.07.2014

 

US-China Meetings Build Ground for Investment Treaty

ABS News Service/24.07.2014

 

Commerce Secretary says No to Trade Facilitation without Food Security

ABS News Service/24.07.2014

 

China Wins State Enterprises Subsidy Case at WTO, US CVD not Justified

Six of Seven CVD Cases Dismissed

ABS News Service/24.07.2014

 

Limping BRICS Squabbles Over Bank Shares

ABS News Service/17.07.2014

 

China Asks India to Attend APEC Meet

Modi in Pow-Wow with Xi

ABS News Service/17.07.2014

 

June Export Up 10.22% and Imports Rise 8.33% in Dollar Terms

ABS News Service/17.07.2014

 

RBI Releases Service Trade Data, $13.9bn Export Recorded in May, $8bn Imports

RBI Press Release: 2014-2015/102 dated 15 July 2014

 

Sixth Brics Summit – Fortaleza Declaration

PIB- PMO Office Press Release dated 16 July 2014

 

Crude, Vegetable Oils and Rice Up; Metals, Beverages, Food, Precious Metals, Down in June

World Bank

 

India Signs Marrakesh Treaty on Published Works for Disabled

PIB (MHRD) Press Release dated 2nd July 2014

 

Cabinet Committee Approves Inclusion of Onion and Potato under Essential Commodities Act, 1955

PIB (CCEA) Press Release dated 2nd July 2014

 

India-China Sign Industrial Park Gujarat Pact on Nirmala Visit to China

ABS News Service/03.07.2014

 

Rice, Cotton, Oilseed Sowing Delayed as Monsoon Running Late

ABS News Service/03.07.2014

 

Domain Names Wars Sparks Governance, Trade Questions

ABS News Service/03.07.2014

 

Australian PM Reintroduces Legislation to Repeal Carbon Tax

ABS News Service/03.07.2014

 

Dubai Customs Seizes 24kg of Heroin

ABS News Service/03.07.2014

 

Brunei Darussalam becomes the 150th Contracting Party to the Harmonized System Convention

ABS News Service/03.07.2014

 

EU-Ukraine in FTA Deal, Russia Protests

ABS News Service/03.07.2014

 

World’s ATM Moves to Frankfurt as Yellen’s Fed Slows Cash

ABS News Service/03.07.2014

 

Electronic Devices Waste $80bn of Power a Year, IEA Says

ABS News Service/03.07.2014

 

Modi Visits Bhutan to Inaugurate Adani Hydro Power Plant

ABS News Service/26.06.2014

 

Ram Vilas Comes to the Aid of Sugar Mills, Kills Import Price Competition

ABS News Service/26.06.2014

 

PM Abe unveils “Three Arrow” Reform Plan

Monetary Easement, Tax Cuts and Labour Reforms are the Key

ABS News Service/26.06.2014

 

PM Modi to Meet Secretaries in Commerce and Industry

ABS News Service/26.06.2014

 

US Promotes “Stabilised” Crude Oil Exports

ABS News Service/26.06.2014

 

GM Crops in EU can be Restricted at National Level

ABS News Service/26.06.2014

 

EU to Limit Production of Food-based Biofuels

ABS News Service/26.06.2014

 

EU Impleads in US Case

WTO over Compliance, Indonesia Arbitration Proceedings on Clove Cigarettes

ABS News Service/26.06.2014

 

US Proposed Lifting of “Moratorium” on Non-Violation Complaints on TRIPS at WTO

ABS News Service/26.06.2014

 

India to Raise Import Duty on Sugar, Promote Exports

ABS News Service

 

Electronic System for Customs' Clearance

Less Queues to Declare Dutiable Goods at Airport

ABS News Service

 

PM Modi to Focus on Exports, Trade in Review Meeting

ABS News Service

 

Indonesia Lodges WTO Challenge on EU Biodiesel Import Duties

ABS News Service/18.06.2014

 

US, Japan Meet to Iron Out Automobile Trade Differences

ABS News Service/18.06.2014

 

Oil-Gold Tie Breaks 1st Time in 5 Years as Economy Grows

ABS News Service/18.06.2014

 

Iraq Crude Exports Surge in South While Violence Hits North

ABS News Service/18.06.2014

 

India to Sell 25% of Rice Stocks in Bid to Curb Inflation

ABS News Service/18.06.2014

 

Railway Board Withdraws Demurrage Hike on FIEO’s Representation

ABS News Service/18.06.2014

 

After Mangoes, now ‘Paan’ from India may be Banned by EU

ABS News Service/18.06.2014

 

Rupee Trims Initial Losses, Down 13 paise

ABS News Service/18.06.2014

 

Crude, Metals, Beverages, Food, Precious Metals, Raw Materials Down in May

World Bank/June 2014

 

24 Airports Identified for Development as Domestic Air Cargo Terminals

PIB (MCA) Press Release dated 11th June 2014

 

African Countries Deflate Bali Pact in Trade Facilitation, Drafting Postponed

ABS News Service/12.06.2014

 

US Confirms New Import Duties on Chinese Solar Products

ABS News Service/12.06.2014

 

Exports Revive in May, Up 12.4%

Imports Fall 11.4%, Demand Sluggish

PIB (MoC&I) Press Release dated 11th June 2014

 

Maha Govt Bans Pharma Exports by Post, Dealers Allege US Pressure, Plans Meet with Nirmala

ABS News Service/12.06.2014

 

China Ban on U.S. Feed Product Seen Easing Corn Inventory

ABS News Service/12.06.2014

 

Russia, Belarus and Kazakhstan Announce Eurasian Economic Union

ABS News Service/12.06.2014

 

CII Demands Low Duty on Iron Ore in Budget

ABS News Service/12.06.2014

 

Cotton Planting Rises in India as Prices Climb

ABS News Service/12.06.2014

 

China Loses to US in Auto Duty Case at WTO

ABS News Service/12.06.2014

 

Soya Premium Over Palm Falls to $91

ABS News Service/12.06.2014

 

Wheat Rebounds as Slump to Near Bear Market

ABS News Service/12.06.2014

 

El Nino to Hit Palm Oil

ABS News Service/12.06.2014

 

World Biodiesel Output Reaching Record

ABS News Service/12.06.2014

 

Thailand Emerging Threat to Car Exports from India

ABS News Service/12.06.2014

 

China’s Export Gains to Cushion Growth as Imports Slump

ABS News Service/12.06.2014

 

Indonesia Requests WTO Panel to Settle Pakistan Paper Products Case

ABS News Service/12.06.2014

 

Shrimp Exports to ASEAN in 13-14 Up 84% on Rising Prices in 13-14

PIB (MoC&I) Press Release dated 30th May 2014

 

Commerce & Industry Ministry’s Twitter Handle

ABS News Service/05.06.2014

 

India Moves Up to No. 2 in World Textiles Export, Maintains 6th Position in Garment

ABS News Service/05.06.2014

 

DGAD Recommends Stiff 48 to 81 cents per Watt Anti-dumping Duty on Solar Cells from China, Taipei, Malaysia and US

   Artificial Valuation of Domestic Price in Countries of Exports Yields Big Dumping Margin

   Solar Projects Including National Solar Mission Suffer High Anti-dumping Protection to EOU and SEZ Units

   Duty to come into effect only after Customs Notification

ABS News Service/29.05.2014

 

Russian Anti-dumping Duty on German and Italian LCVs at WTO on EU Complaint

ABS News Service/29.05.2014

 

Key Ministers in the New BJP Government

ABS News Service/29.05.2014

 

Nripendra Misra is the New Principal Secy to PM Modi

ABS News Service/29.05.2014

 

WTO Panel in US-India Dispute on Local Value Add Law on Solar Modules and Cells

ABS News Service/29.05.2014

 

Open FDI in E-commerce Retail Completely, says DIPP

ABS News Service/29.05.2014

 

New Commerce and Industry Minister Nirmala Sitharaman says No to FDI in Multi-brand Retail

ABS News Service/29.05.2014

 

Global Employment Trends 2014

ABS News Service/29.05.2014

 

Top Officials in Special Team under Judges Shah and Pasayat to Bring Back Black Money into India

ABS News Service/29.05.2014

 

Adani in Trouble with DRI again Over Sending out Forex thru Imports

Income Tax Enters Picture on Understating Profit

ABS News Service/22.05.2014

 

Mexican Subsidised Sugar Dumped in US

ABS News Service/22.05.2014

 

Bio Tech Takes Over US Agri

ABS News Service/22.05.2014

 

Sakthivel Writes to Raghuram on Rupee Gain

ABS News Service/22.05.2014

 

Russia-China Signs $400bn Gas Deal after Decade of Talks

ABS News Service/22.05.2014

 

WTO Members Ask Updation of Customs Valuation Software

ABS News Service/19.05.2014

 

Rupee Rises to below 60 Against Dollar

·   State-run Banks Exit Market, RBI Stops Dollar Buying

·   FII Demand Rupee in Singapore for Stock Market

ABS News Service/16.05.2014

 

Emerging Markets Snap Up Cheap Dollars to Build Reserves

ABS News Service/16.05.2014

 

Plurilateral 23 Member Group Talk TISA in Geneva

China Applies for Membership

ABS News Service/16.05.2014

 

China Slaps Duties on EU Polysilicon

ABS News Service/16.05.2014

 

India Calls on Switzerland to Share Tax Info at OECD Meet

ABS News Service/16.05.2014

 

India Should Cuts Stake to Below 50% in Banks, Says RBI Panel

ABS News Service/16.05.2014

 

Beverages, Food, Precious Metals, Raw Materials and Fertilizers Prices Down

Crude and Metals Up

World Bank

 

Biodiesel War between EU and Argentina Reaches WTO Panel

ABS News Service/06.05.2014

 

Tobacco Producers Take Aussies to WTO Panel over Plain Packaging of Cigarettes

ABS News Service/06.05.2014

 

IMF Lauds Japan Easy Money Policy, Calls for End of Protectionism

ABS News Service/06.05.2014

 

China Lodges WTO Appeal after Defeat in Rare Earths Export Duty Case

ABS News Service/06.05.2014

 

Coca-Cola, Pepsi to Remove BVO in Drink

ABS News Service/06.05.2014

 

New DGFT Pravir Kumar Takes Position

ABS News Service/02.05.2014

 

EU Retaliates on Scotch Whisky with Alphonso Ban

ABS News Service/02.05.2014

 

China is No.1 in World on PPP Basis

India Takes Third Position Overtaking Japan

ABS News Service/02.05.2014

 

Rouhani Cuts Subsidies and Doles to Stabilise Iran Economy

ABS News Service/02.05.2014

 

FDA Banned Ranbaxy Drug Plant after Finding “Data Flaws”, “Rat Traps”

ABS News Service/28.04.2014

 

China’s Largest Bitcoin Exchange Halts Merchants Bank Deposits

ABS News Service/28.04.2014

 

ITC Market Analysis on Standards

ABS News Service/ 23.04.2014

 

Multiple Entry Visa for Indian Businessmen by Afghanistan

ABS News Service/ 23.04.2014

 

EU Confirms Anti-Subsidy Duty of 17.1 to 42.1% on Chinese Solar Glass Imports

ABS News Service/ 23.04.2014

 

Commerce Secretary Calls for New Law on Standards

ABS News Service/ 18.04.2014

 

WTO Expects Trade Upturn in 2014, 2015

ABS News Service/ 18.04.2014

 

India Keeps 6th Position Among World Service Exporters

ABS News Service/ 18.04.2014

 

WTO to Circulate ROO for LDC Preferential Access

ABS News Service/ 18.04.2014

 

Jap-Aussie Ink Trade Pact

ABS News Service/ 18.04.2014

 

March Imports Pick up 21% Over Feb, Rupee Rises

Signs of Demand Recovery?

ABS News Service/ 17.04.2014

 

EU Lodges WTO Challenge against Russia Pork Import Ban

ABS News Service/ 17.04.2014

 

Japan Reports Increase in Trade-Distorting Farm Subsidies

ABS News Service/ 17.04.2014

 

Gold Extends Decline on Prospects for Further Tapering by Fed

ABS News Service/ 17.04.2014

 

15 April Marks the 20th Anniversary of the WTO’s Founding Agreements

ABS News Service/ 17.04.2014

 

Cocoa Imports by Indonesia Jumping on Chocolate Demand

ABS News Service/ 17.04.2014

 

Father-Son of Ferrous Castings Major in CBI Custody Along with Excise Commissioner

·      Excise Commissioner in Rs. 1.10 crs Hawala Deal?

·      IAS Officers and Customs Officers Links in Hawala Racket Alleged

ABS News Service/ 12.04.2014

 

Committee on RTAs Reviews Six Free Trade Agreements, EU Enlargement to 28 Member States

ABS News Service/ 12.04.2014

 

Revised WTO Agreement on Government Procurement Enters into Force on 6 April on Plurilateral Basis

ABS News Service/ 12.04.2014

 

Iron-Ore Bear Market Deepens as Aussie Mines Expand

ABS News Service/ 12.04.2014

 

Ukraine’s Rust Belt Faces Ruin as Putin Threatens Imports

ABS News Service/ 12.04.2014

 

Daiichi Surrenders Ranbaxy to Sun Pharma after Losing 38% Value, US Cracks Down on India Factories is Control Generics and ANDA

ABS News Service/ 09.04.2014

 

WTO Upholds NME Discrimination against China in US Law

ABS News Service/ 09.04.2014

 

Xi Visits Brussels, may Join WTO TiSA Negotiations

ABS News Service/ 09.04.2014

 

Brakes on Aussie-Japanese Trade Deal Over Auto and Agro Tariffs

ABS News Service/ 09.04.2014

 

Robusta Exports Drop 10% as Heavy Rains Shrink Harvest

ABS News Service/ 09.04.2014

 

Beverages, Food, Precious Metals and Raw Materials Prices Up

Energy, Fertilizers, Food Down

World Bank

 

US Calls for Fresh DDA Text

ABS News Service/ 09.04.2014

 

Wheat Rises after Drought in US and Ukraine Crisis

ABS News Service/ 09.04.2014

 

Obama Outlines Plans to Slash Methane Emissions

ABS News Service/ 09.04.2014

 

EU Launches Public Consultation on T-TIP Investment Provisions

ABS News Service/ 09.04.2014

 

China Loses Rare Earth Export Restrictions Case at WTO

ABS News Service/ 04.04.2014

 

India, China Fault Cairns Group Agri Subsidy Calculations

ABS News Service/ 04.04.2014

 

US Anti-dumping Cases under WTO Scanner as China Complains

ABS News Service/ 04.04.2014

 

Australia-Japan Trade Talks Push for April Finish

ABS News Service/ 04.04.2014

 

RBI Sticks to Easy Money Policy as US Tapers Easement

Falling Inflation Helps

ABS News Service/ 04.04.2014

 

Azevêdo Calls for US Leadership in Doha Deal

ABS News Service/ 04.04.2014

 

Japan-Ukraine Spar over Auto Safeguards

ABS News Service/ 04.04.2014

 

EU may Question National GMO Bans

ABS News Service/ 04.04.2014

 

Exporters Meet for Ghazals and Eats at FICCI on Saturday Evening

Delhi Exporters Association President Remembers Founder President Late S.P. Agarwal

ABS News Service/ 01.04.2014

 

Rupee Rises Above 60, Strongest in 8 Months

ABS News Service/ 29.03.2014

 

Indian Subsidy on Sugar Exports Questioned in WTO

ABS News Service/ 27.03.2014

 

Rupee Hits Seven-Month High

ABS News Service/ 27.03.2014

 

China Key to Restart ITA, APEC may Break Logjam

ABS News Service/ 27.03.2014

 

China’s Gold Imports from Hong Kong Increase on Import Quotas

ABS News Service/ 27.03.2014

 

Korea Exchange Seeks Cut of $3 Billion Illegal Gold Trade

ABS News Service/ 27.03.2014

 

Madhusudan Prasad Holds Additional Charge of DGFT

ABS News Service/ 27.03.2014

 

Rajiv Takru Appointed as the New Revenue Secretary

ABS News Service/ 27.03.2014

 

Gold Smuggling Releases Rs. 56,000 Crs of Black Money in the Economy Every Year

ABS News Service/ 20.03.2014

 

Revised WTO Govt Procurement Deal between 43 WTO Members to Take Effect in April, India not a Signatory Yet

ABS News Service/ 20.03.2014

 

Russia Slips into Recession, Ruble Falls 9.4% as Ukraine Crisis Hits $2tn Economy

ABS News Service/ 20.03.2014

 

Russia Suspended from G8, Putin Accuses West of ‘Cheating’

ABS News Service/ 20.03.2014

 

EU Woos Ukraine with Tariff Cuts

ABS News Service/ 20.03.2014

 

Aussie Gurry Gets Second Term as WIPO Chief

ABS News Service/ 20.03.2014

 

Revised WTO Govt Procurement Agreement between 43 WTO Members to Come into Force on 6 April 2014, India not a Signatory Yet

ABS News Service/13.03.2014

 

27th Edition of India Carpet Expo – 12th to 15th March 2014 at NSIC Exhibition Complex, New Delhi

ABS News Service/13.03.2014

 

Imports Crash 17.1% Over Last Year as Official Inflow of Gold Dries Up, Exports Fall 3.7%

ABS News Service/13.03.2014

 

Aussies in Tango with Japan-Korea-China

ABS News Service/13.03.2014

 

EU Offers Customs Union to Ukraine New Regime

ABS News Service/13.03.2014

 

India’s Iron Ore Exports Fall 28% to 12.57 MT in Apr-Feb

ABS News Service/13.03.2014

 

Ukraine Crisis Endangers Exxon’s Black Sea Gas Drilling

ABS News Service/13.03.2014

 

EU Trade Ministers Pledge T-TIP Support

ABS News Service/13.03.2014

 

Energy, Food, Precisous Metals Prices Up; Fertilizers, Metals Down in February

World Bank

 

PM in Burma for Indian Ocean Rim Meet

ABS News Service/ 05.03.2014

 

PM’s Statement at 3rd BIMSTEC Summit, Nay Pyi Taw, Myanmar

ABS News Service/ 05.03.2014

 

Saudis Attack India on Anti-dumping

PIB (MoC&I) Press Release dated 27th February 2014

 

G-20 Sydney Meet Backs Co-ordination in Monetary Policy

RBI Governor Rajan Asks for Care to Emerging Markets in Tapering Easement

ABS News Service/27.02.2014

 

US Probe into China, Taiwan Solar Trade Practices Advances, Prelim Decision on CV Duties by End March, Anti-dumping Decision by Early June

ABS News Service/27.02.2014

 

12 Nation to Prepare for TPP Deal in Obama Visit to Asia

ABS News Service/27.02.2014

 

British Royals Hold Summit to Curb Wild Life Trade

ABS News Service/27.02.2014

 

Froman – De Gucht Talk on US-EU Trade Pact by Year End, Though Hurdles Remain

ABS News Service/27.02.2014

 

Rolls Royce Designs Drone Crew Less Cargo Ships

ABS News Service/27.02.2014

 

WTO Says Global Trade Outlook “Cautiously Positive” for 2014

ABS News Service/27.02.2014

 

CVD on Capital Goods Slashed to 10%

·      Excise Duty on Motor Vehicles Cut by 4% to 8%

·      New Deal for Mobile Industry Manufacture in DTA

ABS News Service dated 21.02.2014

 

Finance Minister, Chidambaram Presents Interim Budget 2014-15 in Parliament on 17 February 2014

Budget Speech

Finance Bill

Key Budget Documents

Key Features of Budget 2014-2015

ABS News Service

 

Union Budget 2014 (Interim): Changes in Service Tax Circular from TRU, Department of Revenue

ABS News Service

 

Excise Duty on Mobile Handsets to be Restructured

·      Customs Duty Structure to be Rationalised to Encourage Production of Soaps and Oleo Chemicals

·      Relief to the Manufacturing Sector;  Cars and Scooters to be Cheaper

·      Production of Security Paper for Printing Currency Notes also Gets Encouragement

ABS News Service

 

Direct Taxes Code (DTC) to be put on the Website of the Ministry for Public Discussion

ABS News Service

 

A ‘Research Funding Organisation’ to be Set up to Fund Research Projects Selected through a Competitive Process

ABS News Service

 

Loading, Unloading, Packing, Storage and Warehousing of Rice also Exempted from Service Tax; Cord Blood Banks also Get the Same Relief

ABS News Service

 

Indian Economy Steers Out of Troubled Waters Despite Global Impact

ABS News Service

 

Indian Economy to be Third Largest by 2043

UPA Outlines Ten Steps for A Vibrant Economy

ABS News Service

 

Fiscal Deficit to be Contained at 4.6% of GDP in 2013-14

ABS News Service

 

Agricultural GDP to Grow at 4.6% during the Current Financial Year

Food Grain Production Expected to Touch 263mn tonnes

ABS News Service

 

Government Steps Up Project Clearances

296 Projects of Rs 660,000 Crore Cleared by January End this Year

ABS News Service

 

Food, Fertilizer and Fuel Subsidies

ABS News Service

 

Center to Provide Rebating of State Taxes Levied on Exports Till States Come on Board

FIEO Press Release dated 17th February 2014

 

DGFT Initiates Exercise for New 2014-2019 Foreign Trade Policy

ABS News Service

 

Cabinet Approves IBM and ST Microelectronics with Partners for Semiconductor Wafer Fabrication

·      Exchequer to give 25% Subsidy on Capital Goods in 63k crs Outlay

·      6k crs Interest Free Loan

·      Plants to Come up in Noida and Gujarat

PIB (Cabinet) Press Release dated 14th February 2014

 

US FDA will Inspect Plants in India only Association with Indian Drug Controllers

ABS News Service

 

US Challenges India’s Solar Export Restrictions

ABS News Service

 

WTO Ag Negotiators Begin Charting Post-Bali Course

ABS News Service

 

Dollar Exports Rise 3.9%, Imports Fall 18% in Jan 2014

India’s Foreign Trade: January, 2014

ABS News Service

 

Tariff Authority to be Made an Appellate Body to Curtail Cross-Subsidization, President FIEO

FIEO Press Release

 

China Trade Growth Defies Signs of Slowdown

ABS News Service

 

Iran Summons Swiss Envoy over US Sanctions

ABS News Service

 

Finance Minister Chidambaram Releases First Hindi Budget Manual

PIB (MoF) Press Release dated 11th February 2014]

 

Clarification on the Reports that Finance Ministry Pays Interest on Excess Tax Refund

PIB (MoF) Press Release dated 8th February 2014

 

Augmentation of Port Capacities would Enable Ports to Work Optimally

Improve Exim Trade and Raise Declining GDP Numbers says M Rafeeque Ahmed, President, FIEO

FIEO Press Release dated 6th February 2014

 

Energy, Food, Prices Down; Fertilizers, Precious Metals Up in January

World Bank

 

Food Prices are Expected to Decline in 2014, for the Second Consecutive Year, says the Latest Commodity Markets Outlook

Commodity Markets Outlook - January 2014

 

Search Begins for Rev Secy to Succeed Incumbent Sumit Bose

ABS News Service

 

Congress Passes Farm Bill to Set US Agri Policy for Five Years

Crop Subsidy Replaced by Insurance

ABS News Service

 

'Shocking' Natural Gas Prices Expected to Continue to Rise

ABS News Service

 

Another Battle in War Against China Solar, US Launches Fresh Probe

ABS News Service

 

Free Trade in Energy Export

ABS News Service

 

Gold Rises as Shares Fall in World Market

ABS News Service

 

Australia as New G-20 Head Puts Trade First in Agenda

ABS News Service

 

South Africa Clampdown on Multiple Patents

ABS News Service

 

Norway, Canada on the Opposing Side

ABS News Service

 

Filipino Elected as WTO Trade Facilitation Committee Chair

ABS News Service

 

India Loses U.S. Air Safety Rating on Manpower Shortage at DGCA

ABS News Service

 

DGFT Holds Pre Shipment Inspection Agency Meet, Considers 27 Cases, Nine New Agencies Notified

DGFT Website

 

Bhutan Lifts Ban on Furniture, Alcohol Import from India

ABS News Service

 

New PAN Card Allotment Norms Involving Multiple Proofs Put on Hold

PIB (MoF) Press Release dated 30th January 2014

 

Chennai DRI Seizes 21 kg of Gold Bars Valued at Rs. 6.50 crs

Chennai DRI Press Release dated 28th January 2014

 

Natchiappan Convenes Performance Review Meeting of EPCES Steps Suggested to Boost Exports from SEZs

PIB (MoC&I) Press Release dated 30th January 2014

 

India-Fiji Sings Double Taxation Avoidance Agreement

PIB (MoF) Press Release dated 30th January 2014

 

US Pulls in African Goods thru AGOA

African GDP has Doubled Since 2000

ABS News Service

 

Faroe Island Requests WTO Panel in EU Fisheries Dispute

ABS News Service

 

China Shifts on Cotton Stockpiling Policy Sparks Questions

ABS News Service

 

APEC Deal on Trade Environmental Goods to Kick Off?

ABS News Service

 

EU Temporarily Suspends Investment Part of US Trade Talks

ABS News Service

 

Chidambaram Asks Officers to Master Technology on International Customs Day

PIB (MoF) Press Release dated 27th January 2014

 

DGFT Anup Pujari Empanelled for Secretary, Rajeev Kher for Commerce Secretary

ABS News Service

 

Argentina Files WTO Complaint against EU Biodiesel Duties

ABS News Service

 

EU Takes Aim at Brazilian “Tax Advantages” in WTO Dispute

ABS News Service

 

US Farm Support Still Largely Food Stamps, New Data Shows

ABS News Service

 

Japan Fixes 0.2 ppm MRL for Shrimps, 0.01 ppm Standard Relaxed

PIB (MoC&I) Press Release dated 21st January 2014

 

Agreement between Ennore Port and Ford India to Boost Auto Exports

PIB (MoS) Press Release dated 21st January 2014

 

Guidelines on New Land Policy for Major Ports Released

PIB (MoS) Press Release dated 16th January 2014

 

India-Korea Signs MoU for Mutual Recognition of Digital Signature Certificates for Efficient E-Governance and Cross Border Trade Facilitation

PIB (MoC&IT) Press Release dated 17th January 2014

 

Cabinet Approves Extension of Special Package of Industrial Incentive for HP and Uttarakhand

PIB (CCEA) Press Release dated 15th January 2014

 

Iran Gets Sanctions Relief Jan. 20 as Nuclear Deal Begins

ABS News Service

 

December Export Growth Dip to 3.5% after 10% plus in Earlier Months

ABS News Service

 

Bitcoin Banned by Alibaba’s Taobao After China Tightens Rules

ABS News Service

 

India and Canada sign Letter of Intent for Co-operation in Iron and Steel Sector

ABS News Service

 

India's MRO Sector Receives Infrastructure Status

PIB (MCA) Press Release dated 13th January 2014

 

SAD NEWS: Ram Das Goyal, Father of Editor Arun Goyal is No More

ABS News Service

 

DGFT to Share e-BRC Database with Enforcement Directorate

Harassment to Exporters for Non Realization of Export Proceeds may Come Down

ABS News Service

 

Energy Prices Jump 3.2%, Beverages 4%, Metals 1%; Precious Metals Down by 4.3% in December

World Bank

 

India-Korea for Double Taxation Deal Soon

ABS News Service

 

Over 300 Times Increase in Service Tax Revenue

ABS News Service

 

IMF Confident of World Growth as US Picks up

ABS News Service

 

Gold Drops as Dollar Strengthens Before Fed Minutes

ABS News Service

 

India–San Marino Signs Tax Information Exchange Agreement (TIEA)

ABS News Service

 

China’s Cabinet Imposes New Rules in Shadow Banking Fight

ABS News Service

 

CBEC Gets Two More Women Members

ABS News Service

 

Aam Aadmi Party Government Simplifies VAT Filing System

ABS News Service

 

China Commerce Minister: Optimistic About 2014 Exports

ABS News Service

 

Palm Poised for First Annual Gain Since 2010 as Demand Surges

ABS News Service

 

Sunset for Worst Year for Gold and Silver

ABS News Service

 

AAM AADMI at Ramlila Maidan in Delhi

ABS News Service

 

Service Tax Offices Remain Open on 28 and 29 Dec

ABS News Service

 

Integrated Check Post at Petrapole in 2014

PIB (Ministry of Textiles) Press Release dated 24th December 2013

 

RBI Clamps Down on Bitcoin Virtual Currency

ABS News Service

 

Apple for Sales Ban on Samsung Galaxy Smart Phones Series

ABS News Service

 

Workers Remittances well above FDI, Aid and Donations

ABS News Service

 

New Customs Form for Incoming Passengers from New Year, No Immigration Form

ABS News Service

 

Union Cabinet Approves Stands taken by India at Bali Ministerial

PIB (Cabinet) Press Release dated 19th December 2013

 

Inter Ministerial Committee Fixes Onion MEP to Promote Export

PIB (MoC&I] Press Release dated 19th December 2013

 

CCEA Approves Continuation of Free Export of Sugar without QRs

PIB (CCEA) Press Release dated 19th December 2013

 

Interest Free Loans to Sugar Mills, More Farmer Subsidies, Steps to Boost Sugar Consumption

ABS News Service

 

Tapering of Securities Purchases Policy to $75bn per Month from $85bn

PIB (MoF) Press Release dated 19th December 2013

 

Cabinet Committee Approves National Programme for Bovine Breeding and Dairy Development

PIB (CCEA) Press Release dated 19th December 2013

 

Obama to Veto US Senators Bill for Iran Sanctions

ABS News Service

 

Obama to Sign First Budget by Divided Congress Since 1986

ABS News Service

 

GoI Approves $50bn Swap with Japs

ABS News Service

 

G-20 Trade Restrictions Increase as Trade Flows Slow Down, says WTO Report

ABS News Service

 

Trans Pacific 12 Nation Partnership Meet in Singapore for WTO Plus Deal - Talks to Continue in 2014

ABS News Service

 

“Fast Track” Legislation Slips into Slow Lane

ABS News Service

 

China Challenges US at WTO on Dumping Methodology

ABS News Service

 

Ambassador Siddiqui to Leave USTR

ABS News Service

 

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

 

Yen Gains from 5-Year Low before Fed Starts Meeting; Euro Climbs

ABS News Service

 

EU, China Crackdown on Bitcoins

ABS News Service

 

Bitcoins Fail Currency Test in Norway

ABS News Service

 

Uruguay Legalizes Marijuana

ABS News Service

 

Couriers, Transporters Gain from TF at WTO

ABS News Service

 

Chidambaram Asks DRI to Focus on Better Trade Facilitation and Latest Technology

PIB (MoF) Press Release dated 12th December 2013

 

Vizag Port Trust Upgrades Facility at Inner Harbor for Handling Iron Ore

PIB (MoS) Press Release dated 12th December 2013

 

India-UAE Sings BIPPA

PIB (MoF) Press Release dated 12th December 2013

 

Cabinet Approves MSP for Copra

PIB (CCEA) Press Release dated 12th December 2013

 

HC Asks I-T to Release Nokia Chennai Plant

ABS News Service

 

Commodity Price Falls 0.9% to 2.2% in November

World Bank

 

Historic Bali Deal to Spring WTO, Global Economy Ahead

ABS News Service

 

China Raises Ship-Scrapping Subsidy 50% to Trim Glut of Vessels

ABS News Service

 

WTO Reaches Its First Ever Trade Deal at Bali Meeting

·    The Draft Bali Ministerial Declaration

·    TRIPS Non-violation and Situation Complaints

·    Electronic Commerce

·    Small Economies

·    Aid for Trade

·    Trade and Transfer of Technology

·    Trade Facilitation

·    General Services

·    Food Security

·    Understanding on Tariff Rate Quota Administration Provisions of Agricultural Products, as Defined in Article 2 of the Agreement on Agriculture

·    Export Competition

·    Cotton

·    Preferential Rules of Origin for Least-Developed Countries

·    Operationalization of the Waiver Concerning Preferential Treatment to Services and Service Suppliers of Least-Developed Countries

·    Duty-Free and Quota-Free Market Access for Least-Developed Countries

·   Monitoring Mechanism on Special and Differential Treatment

ABS News Service

 

Its Food Stock Subsidies to “Make or Break” Bali Trade

ABS News Service

 

Anand Sharma Meets China and EU for ‘Balanced Package’ at Bali

Holds Bilateral with Counterparts at WTO Bali Ministerial

ABS News Service

 

Indonesia-Sri Lanka Talk Wheat and Tea Trade

ABS News Service

 

Brazil Ethanol Exports Threatened by 68% Cut in US Biofuel Mandate

ABS News Service

 

Brazilian Raw Sugar Discount Widens on Harvest, Indian Shipments

ABS News Service

 

Raw Sugar Extends Longest Slump since August 2012 on Supply Glut

ABS News Service

 

Indian Sugar Pricing Plan Seen Reviving Nation’s Mills

ABS News Service

 

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

ABS News Service

 

India Talks Tough at WTO Bali Ministerial Meet

‘Food Security for 4 bn World Non Negotiable’, Says Anand Sharma

ABS News Service

 

Bali Meeting Seeks to Save Deal on World Trade

ABS News Service

 

On Ministerial Eve, India Stands Alone in Bali

ABS News Service

 

e-BRC Project Wins 2013 eASIA Award

PIB (MoC&I) Press Release dated 2nd December 2013

 

Reduction in Threshold Limit for Mandatory E-Payment of Central Excise Duty and Service Tax

PIB (MoF) Press Release dated 27th November 2013

 

Mandatory use of Jute in Packaging for the Jute year 2013-14

PIB (CCEA) Press Release dated 28th November 2013

 

Cabinet Approves Proposal for Extension of Rice and Paddy Central Order for One More Year

PIB Press Release dated 28th November 2013

 

CBEC Pavilion Received Bronze Medal for Excellence in Display at 33rd Indian International Trade Fair, 2013

PIB (MoF) Press Release dated 28th November 2013

 

Iran Agrees to Nuclear Curbs for $7bn Relief in Sanctions, Freeze on $4.2bn Assets Lifted

ABS News Service

 

“Peace Clause” for India to Apply until 2017 – Pak Opposes

ABS News Service

 

Pre Bali Talks for WTO Accord Fail in Geneva

ABS News Service

 

ITA Expansion by 250 Additions in Final Bali Push, China Holds Out on 60

ABS News Service

 

Revised GPA: Entry into Force Expected in Early 2014 with 2/3rd Ratification

ABS News Service

 

Hopes Dim for US “Fast Track” Renewal in 2013

ABS News Service

 

EU, Japan Aim to Speed Up Trade Talks

ABS News Service

 

CBEC Puts up Pavilion in IITF to Garner Service Tax

PIB (MoF) Press Release dated 22nd November 2013

 

CBEC Issues Service Tax Clarifications after FM Intervenes

PIB (MoF) Press Release dated 25th November 2013

 

Party Decides to Shift China towards Market Economy by 2020

ABS News Service

 

WTO Limps towards Bali, 12 Nov Deadline Extended to 21 Nov to Ink Deal

ABS News Service

 

Petroleum and Alcohol to be Kept Out of GST, says Chairman Empowered Committee

ABS News Service

 

Repeal of Australian Carbon Tax soon under Abbott

ABS News Service

 

India Softens Stand on Food Subsidies at WTO

ABS News Service

 

Divide over “Fast Track” Deepens Among US Lawmakers

ABS News Service

 

Onions Prices Push up Food Price

ABS News Service

 

Indonesia to Ban Nickel Exports

ABS News Service

 

Palm Oil Exports from Indonesia Surge to Highest in Eight Months, India, China up Import

ABS News Service

 

Bitcoins Gain 45 Sold in 2013

ABS News Service

 

Chidambaram Launches RMS for 11 Customs Stations for Export

ABS News Service

 

India Reserves Rise by $6.7bn, Cross $300bn this Fiscal

ABS News Service

 

Dollar Exports Up by 13.5% in Oct; Import Falls 14.5%

ABS News Service

 

Rice, Sugar Demand Up in Philippines after Super Typhoon Haiyan

ABS News Service

 

Anand Sharma Bats for FTAs in Top Trade Meet, Chidambaram and Krishnamurthy Opposed

PIB (MoC&I) Press Release dated 6th November 2013

 

Energy Price Falls 2.5%, Fertilizers 3.8%, Precisous Metals 2.5%; Marginal Jump in Metals, Beverages Price in October

World Bank

 

Orange-Juice Futures Surge Most in Eight Months on Crop Disease

ABS News Service

 

Indian Rupee Leads Losses in Asian Currencies on Fed Outlook

ABS News Service

 

China Export Rises 5.6% in Oct, Global Demand Fix up

ABS News Service

 

US Revises EU Beef Import Rules

ABS News Service

 

EU Removes Tariff on Computer Displays Following Defeat at WTO Panel, Prepares for ITA II at Bali Ministerial

ABS News Service

 

Japan Launches WTO Challenge on Ukraine Safeguard Duties on Passenger Cars

ABS News Service

 

ITA II Talks Resume in Geneva with 25

Phasing Out Tariffs Planned for Sensitive Goods

ABS News Service

 

Indian Rupee Weakens, Fed Tapering on the Horizon

ABS News Service

 

Iran Burns Gas as Sanctions Halt Trade

ABS News Service

 

Dollar Rallies to Seven Week High

ABS News Service

 

Indonesia Slaps Local Exchange Trading on Tin to Challenge LME

ABS News Service

 

Indonesia GDP Grows Less Than 6%, Rupiah on the Slide

ABS News Service

 

Rules of Origin (ROO) for Bali Moves Forward

ABS News Service

 

Floods in China Cuts Maize Output

ABS News Service

 

India’s Rupee Declines before Federal Reserve Policy Decision

ABS News Service

 

Indian Wheat Exports Seen at Record on Government Price Cut

ABS News Service

 

Gold Swings as Investors Weigh Fed Policy Meeting, China

ABS News Service

 

Indonesia Seen Avoiding Total Ban on Mineral-Ore Exports in 2014

ABS News Service

 

Palm Oil Extends Rally to Eight-Month High on Supply Concerns

ABS News Service

 

Merkel Signals Support for ETS “Backloading” Proposal

ABS News Service

 

India Seals China in Border

ABS News Service

 

Imported Onion Allowed to be Fumigated in India: Norm Extended Till November End

PIB (MoA) Press Release dated 23rd October 2013

 

FM Sets Up Shome Commission for Reform of Tax Admin with Two Retired CBDT and CBEC Officers as Full Members

More Controls on Tax Payers in the Offing

Commission Term of 18 months to overlap with New Govt at Centre Due in Six Months

No Representation to Professionals, Lawyers and Small Size Users

ABS News Service

 

ITA, GPA Negotiations for Bali to Resume on 24 Oct

ABS News Service

 

Putin-MMS Ink Energy Pact

ABS News Service

 

Indian Rupee Falls Another 25 paise to 61.52 against US Dollar

ABS News Service

 

WTO Farm Talks – In Final Lap of Mini Marathon?

ABS News Service

 

Mercury Pollution Pact Signed in Minamata, Japan

ABS News Service

 

Mexico, Korea and Czech Currencies Gain in Emerging Markets

ABS News Service

 

US Fiscal Woes Cast Shadow Over IMF Annual Meeting

ABS News Service

 

Chinese Man Jailed for Life for Oil Made From Waste

ABS News Service

 

New CESTAT Benches at Hyderabad, Chandigarh, Allahabad at Rs. 10 crs per Year

ABS News Service

 

US in Focus at IMF DC Meet, US Default Fraud with $16.7tn Debt Limit

ABS News Service

 

Yuan Walks the Globe

ABS News Service

 

India on 3 yr Plus Peace Clause on Food Security in Return for “Yes” on TF

ABS News Service

 

Ludhiana Upset on China Circumvention of SAFTA

ABS News Service

 

US Takes No. 1 Slot in World Oil Production with Surging Shale Output at 3.2 mbd

ABS News Service

 

Russia Bans Lithuanian Dairy Products, Demands End to Flirtation with EU

ABS News Service

 

New Aus PM to Ink Trade Pact with China in 12 mos

ABS News Service

 

APEC Meet Supports Bali – Agenda for Ministerial by End Oct

ABS News Service

 

ITA Talks to Resume as China Dilutes Objections

ABS News Service

 

India-Indonesia Minister in WTO Pow-Wow over Bali Ministerial

PIB (MoC&I) Press Release dated 11th October 2013

 

Dollar Exports Up by 11.5% in Sept 2013, Import Fall – 18.10%

PIB (MoC&I) Press Release dated 9th October 2013

 

China Builds Asean Role in Obama Absence

ABS News Service

 

Fertilizer Plunges by 5.5%, Precious Metals 0.3%, Metals 1.3%; Marginal Jump in Energy, Beverages Price in September

World Bank

 

Key Highlights of Anand Sharma with DG, WTO Meet on 7 Oct

ABS News Service

 

Why India’s SEZ Policy Didn’t Work

ABS News Service

 

Bali Preparations, Innovation in Focus at Annual WTO Forum

ABS News Service

 

Yemen Slated for WTO Entry

ABS News Service

 

US Government Shuts Down, Leaving Farm Bill Unfinished

ABS News Service

 

RBI Clarifications on Applicability of Revised Guidelines of Overseas Direct Investment (ODI)

Source: PIB (MoF) Press Release dated 24th September 2013

 

Indian Shrimp Export Industry Get Great Relief in US Countervailing Duty

US Rules in Favour of India in Countervailing Duty Investigation on Frozen Shrimp exports from India

ABS News Service

 

Russia Signs On to ITA

ABS News Service

 

Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies

ABS News Service

 

NAFED Holds Meeting with Onion Importers to Help fast Clearance of Imported Stock

ABS News Service

 

No TPP before in Oct Meet at Bali

ABS News Service

 

EU-China Solar Panel Deal in Place; Subsidies Probe to Continue

ABS News Service

 

China Fails at WTO on Chicken Restrictions

ABS News Service

 

Russia Joins Information Technology Agreement as 78th Member

ABS News Service

 

FIEO Not Happy with Cuts in DBK on Electronic Goods

FIEO Press Release dated 15.09.2013

 

Rupee Rises Past 63, A Gain of 5 in 15 days!

May Reach 58 by Diwali

ABS News Service

 

Exports Rise by $3bn in Aug, Imports Crash, Rupee Fall Spurs

PIB (MoC&I) Press Release dated 10th September 2013

 

Forex Tourism Earnings Rise by 12 percent in August 2013

PIB (Ministry of Tourism) Press Release 10th September 2013

 

New WTO DG Launches “Rolling set of Meetings” for TF, LDC and Agro Agenda at Bali

ABS News Service

 

Panel Established on EU Complaint against China’s Anti-dumping Duties

ABS News Service

 

US, New Zealand Move Against Indonesia at WTO on Agro Products

ABS News Service

 

Colombia Launches Three New Safeguard Investigations on Steel Products

ABS News Service

 

Azevêdo Takes Office from Lamy as WTO DG

ABS News Service

 

War Clouds Looming Over Syria Push Crude Oil Price Up

ABS News Service

 

India’s Rupee Drops on Concern Slowing Growth Will Deter Inflows

ABS News Service

 

Rupee Falls below 68 to Record; Stocks, Bonds Tumble

Its Financial Emergency

ABS News Service

 

Rupee Value Linked to Gold and Oil

ABS News Service

 

Bharti Bonds Turn Junk, Spreads between Buy-Sell on Indian Securities Widen to 400 Points

ABS News Service

 

Li Ka-Shing-Backed CEF Seeks Gold, Prices to Remain Flat

ABS News Service

 

China Exports of Engg, Footwear and Pharma Turn Negative

ABS News Service

 

Qualcomm, Northwestern, YouTube: Intellectual Property

ABS News Service

 

SEZ Export Cross $80bn per Year

ABS News Service

 

India’s Landmark Food Bill Passed, Sonia Hospitalised after Debate

ABS News Service

 

Subsidy Paid to Exporters by APEDA on Agricultural Goods during 2010-11 to 2013-14

ABS News Service

 

US-ASEAN Commit to Trade Facilitation at Bali

ABS News Service

 

Rupee Crashes to Record Low of 64.13

   India at its Lowest Rating

   Gold Rises as Informal Exchange Market and Hawala Surface following Physical Controls on Movements

   Indonesia, Brazil, South Africa Currencies Retreat in Synch with Dollar Rise

ABS News Service

 

China Targets India for Anti-dumping Action on Single-mode Optical Fiber

ABS News Service

 

Saudi Arabia and Iraq Cut Oil Exports in June: JODI Data

ABS News Service

 

Gold Rises as Silver Caps Biggest Weekly Gain Since 2008

ABS News Service

 

New WTO DG Selects Chinese, German, Nigerian and American as Dy. DG

ABS News Service

 

PC Returns to Regulated Economy with Tariffs to Control Import, Woos FDI

PIB (MoF) Press Release dated 12 August 2013

 

Prohibited Medicines List

PIB (Ministry of Health and Family Welfare) Press Release dated 13th August 2013

 

July 2013 Exports Turn Plus 11.6%, Imports Minus 6.2% after Rupee Devaluation – Oil Crashes 8%

PIB (MoC&I) Press Release dated 12th August 2013

 

Obama Administration Sides with Apple on Import Ban Ruling

ABS News Service

 

Lamy to Retire at End Aug, Hopes for Ok to Trade Facilitation in Bali

ABS News Service

 

US Demands for Labour, Fire and Building Inspection in Bangladesh Textile Industry

ABS News Service

 

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

 

Japan Join EU on Russia Vehicle Recycling Fee at WTO, US too Readies to Pitch in

ABS News Service

 

EU WTO Review Highlights Resistance against Protectionism

ABS News Service

 

Precious Metals Decline by 4.7%, Raw Materials Fall 3.5%; Energy Jumps 4.4%

World Bank

 

China Halts NZ Exports of Milk Powder Alleging Bacterial Infection

ABS News Service

 

Iran has US Educated Foreign Minister

ABS News Service

 

China Built $500mn Container Terminal in Sri Lanka Opens for Business

ABS News Service

 

Monsanto Shifts to Trade in GMs for Europe, Says No to GM Cultivation

ABS News Service

 

China Slaps Anti-dumping Duty on US Polysilicon

ABS News Service

 

Interest Rate Subvention on Exports Raised to 3% from 2%, BoT Meets on 27 Aug

PIB (MoC&I) Press Release dated 31st July 2013

 

Guidelines for Determination of Tariff for Projects at Major Ports Announced

PIB (Ministry of Shipping) Press Release dated 31st July 2013

 

ITA II for Bali Ministerial Suspended as China Dithers

ABS News Service

 

Developing Countries Share in World Export Rises to 47%, Asia Leads Growth

ABS News Service

 

EU Parliament for 5.5% cap on Food Based Biofuels, Sea Weeds Share 2% by 2020

ABS News Service

 

Bangladesh Allows Free Unions in Textiles to Please the Western Buyers and WTO and Save $20bn Export

ABS News Service

 

US Orders “No Kill” Dolphin Certificate from Ship Captain for Tuna Outside ETP

ABS News Service

 

June Export Fall $1.14bn Over Last Year, Imports Steady

·      Oil Rises $1.54bn in June

·      Rupee Devaluation and Incentives Yet to Show Result

PIB (MoC&I) Press Release dated 12 July 2013

 

Russia on the Mat at WTO Over Vehicle Recycling Fee

ABS News Service

 

Shipping in Over Supply, Capacity up 27%, Freight Rate Fall 30%

ABS News Service

 

Paraguay Suspended from Mercosur

ABS News Service

 

Aid for Trade Falls to $41.5bn in 2011

ABS News Service

 

27 Developed Countries Offer Support for Deal on TF at Dec Bali Meet

ABS News Service

 

Switzerland, China Sign Trade Deal

ABS News Service

 

Stock Markets Fall as RBI Ups Bank Rate to 10.25%

ABS News Service

 

Import Cold Storage at Sahar Air Cargo Complex from 7 June 2013

ABS News Service

 

Rupee Recovers after Hitting Life-Time Low of 61.21 vs US Dollar

    RBI-SEBI Check Speculators

    Sovereign Bonds on the Lines of IDB in the 1990s to Bring in Forex on the Anvil

ABS News Service

 

SBI to Raise Interest Rates to Cover Risk of Forex Loan Defaults

ABS News Service

 

Sugar Imports in Doldrums after Dollar Rise and Duty Hike

ABS News Service

 

Plurilateral TISA to Substitute for Multilateral GATS

ABS News Service

 

Subsidy Bill of Food Security Bill will be 1.2% of GDP

ABS News Service

 

158 High Tech Products get Focus Product Scheme (FPS) Benefit

PIB (MoC&I) Press Release dated 9th July 2013

 

Double Taxation Avoidance Agreement between India and Albania Singed on 8 July

PIB (MoF) Press Release dated 8th July 2013

 

Food Stamps, Dairy Subsidies Foil Farm Bill in HOR

ABS News Service

 

Australia Launches Safeguard Investigation on Canned Tomatoes

ABS News Service

 

US Suspends Bangladesh GSP as Factories Collapse Showing Poor Labour Standards

ABS News Service

 

FDI Falls 18% in 2012 but Developing Countries get $700bn

ABS News Service

 

Obama Unveils Trade, Energy Initiatives on Africa Trip

ABS News Service

 

Carbon Permit Price Fall to $5bn Tonne

ABS News Service

 

EU-US Talk Trade Ignoring Spy Talk

ABS News Service

 

Precious Metals Crashes by 5.6%, Metals 3.7% and Beverages 5.1% in June

World Bank

 

WTO Reviews SPS on 50 Years of Codex

ABS News Service

 

China Retaliates in EU Solar Panel Case, Claims EU Dumping Wine

ABS News Service

 

Senate Confirms Mike Froman as New USTR

ABS News Service

 

Vietnam Devalues Dong for First Time Since ’11 to Boost Reserves

ABS News Service

 

Rupee Hits All-Time Low of 60

Dollar Rises before Housing, Manufacturing Reports

ABS News Service

 

Fed Cuts on Stimulus Crashes Rupee to Near 60

ABS News Service

 

Exports Fall by $274mn in May 2013 as Imports Rise $2.92bn Over May Last Year

ABS News Service

 

World Agri Outlook Shows 1.5% Growth, Rising Prices Say OECD, FAO

China Emerges as Food Deficit Consumer

ABS News Service

 

WTO Forecasts World Trade Growth at 3.3% in 2013

ABS News Service

 

US Senate Passes Five Year Farm Bill

ABS News Service

 

WTO Debates Green Technologies and IPRs

ABS News Service

 

Ethanol Discount to Gasoline Widens on Concern Imports will Rise

ABS News Service

 

Chidambaram Vows Reforms to Aid Growth as Rupee Resumes Drop

ABS News Service

 

Gold Imports by India Tumble as Curbs Boost Costs

ABS News Service

 

Rupee Crashes again to a New Record Low of 58.53 against Dollar at NSE Close, RBI Rate 58.9255

ABS News Service

 

FIEO President Hits at Rupee Payment Trade with Iran, Calls for Limits to Protect Indian Origin Goods

ABS News Service

 

FIEO Says Rupee Fall not Good for India

ABS News Service

 

ITA II Participant List Grows to 27 Covering 97% of Trade

India Chooses to Opt Out, May Join Bandwagon after End of Show

ABS News Service

 

Russia is Observer to the Committee on Government Procurement

ABS News Service

 

Gita Wirjawan to Chair 9th WTO Ministerial Conference at Bali

ABS News Service

 

MoU Signed between DGFT and Government of Delhi to use e-BRC

PIB (MoC&I) Press Release dated 5th June 2013

 

EU Slaps Dumping Duties on Biodiesel from Argentina, Indonesia

ABS News Service

 

EU Parliament Says No to US Trade Talks

ABS News Service

 

WTO Dispute Panel Established in Japan-China Steel Row

ABS News Service

 

Pacific Alliance Inks Tariff Accord

ABS News Service

 

Canada-EU Pact Possible By Summer, Officials Say

ABS News Service

 

Rupee Trades Near 11-Month Low

ABS News Service

 

Brent Crude Trades Below $100 as OPEC Maintains Output Target

ABS News Service

 

European Commission Eyes Possible Investment Agreement with China

ABS News Service

 

Agri Bio Security Bill Proposed to Control Pesticide Trade

PIB (MoA) Press Release dated 3rd June 2013

 

Food Security for Poor cannot be Compromised, Anand Sharma Tells WTO Chief

PIB (MoC&I) Press Release dated 30th May 2013

 

Joint Statement on Prime Minister's Visit to Thailand on 30-31 May 2013

PIB (PM Office) Press Release dated 30th May 2013

 

EU-India Trade Talks Stumble

ABS News Service

 

Trade Probe into China Telecoms May Be Imminent, EU Commission Warns

ABS News Service

 

EU Considering Duties on Imports of Biodiesel from Indonesia, Argentina

ABS News Service

 

Kituyi Next UNCTAD Head

ABS News Service

 

EU-China Solar Row Escalates, Settlement Rumours Fly

ABS News Service

 

COOL Compliance Deadline Renews Meat Labelling Debate

ABS News Service

 

India, Iran Talk to Smooth Oil Flow, Remove Insurance Hurdle

ABS News Service

 

New Standards for Import of Bulk Drugs into EU - Legislation come into Force from 2 July 2013

Press Release dated 23 May 2013

 

Argentina Files Against EU Biodiesel Case

ABS News Service

 

Senators Urge Obama to Press Iran by Increased Sanctions

ABS News Service

 

WTI Crude Declines as Fuel Demand Drops Amid Economic Weakness

ABS News Service

 

Dollar Exports Rise 1.68%, Imports 10.96% in April 2013

PIB (MoC&I) Press Release dated 13th May 2013

 

EU Plans Provisional Anti-Dumping Duties on Chinese Solar Panels

ABS News Service

 

General Council Appoints Azevêdo as Next Director-General, Lamy Pledges Smooth Transition

ABS News Service

 

WTO Appellate Body Rules against Canada in Renewable Energy Case

ABS News Service

 

Cuba Lodges WTO Challenge on Australia Plain Packaging Rule

ABS News Service

 

Ukraine Tops IP Offender List, while Canada and Israel Show Improvement

ABS News Service

 

Bolivia, Ecuador Advance in Efforts to Join Mercosur

ABS News Service

 

SEZs Account for 29% in All Exports

PIB (MoC&I) Press Release dated 8th May 2013

 

India-US to Spar on Steel, Poultry at WTO

PIB (MoC&I) Press Release dated 8th May 2013

 

India Calls Domestic Food Subsidy Margins in AoA Talks for Bali

ABS News Service

 

Geneva Debates Energy Trade Rules

ABS News Service

 

Ex Citi Banker Michael Froman for USTR

ABS News Service

 

WIPO Conference on Genetic Resources to Discuss Draft Law

ABS News Service

 

China Names Yuan Convertibility Plan as Goal This Year

ABS News Service

 

April Sees Steep Fall in World Commodity Prices, Precious Metals Crash by 7.7%

World Bank

 

Chidambaram Asks for More ADB Funds for South Asia Cooperation

ABS News Service

 

ICC Lays Out New Bank Payment Obligation Rules

ABS News Service

 

Liechtenstein First to Ratify Amendment to the WTO Agreement on Government Procurement

ABS News Service

 

No Classification of Life Saving Medicine in DPCO

ABS News Service

 

Lok Sabha Introduces National Food Security Bill Amendments

ABS News Service

 

Lok Sabha Passes Finance Bill without Debate

Press Note dated 30.04.2013

 

Last date for ST-3 Return Filing for Q1 Extended to 31st August 2013 Pending Issue of New Form

Press Note dated 24.04.2013

 

Anand Sharma Launches 21 New Textiles Parks

PIB (Ministry of Textiles) Press Release dated 23rd April 2013

 

Bank of Japan Monetary Plans Fuel Currency Debate

ABS News Service

 

Japan TPP Bid Receives Green Light from Mexico

ABS News Service

 

Anand Sharma Demands Internal Balance in the Trade Facilitation Proposal

Calls for LDC Package as Part of Bali Ministerial

Meets Key WTO Ambassadors in Geneva

PIB (MoC&I) Press Release dated 9th April 2013

 

World Trade Crashes by 60% in 2012, Grows only 2% Compared to 5.2% in 2011

·      Weak Europe Pulls Demand Down

·      2013 Forecast 3.3% Based on US Growth

·      India Clocks Highest Fall of -3% in Exports and Largest Rise of 5% in Imports, Gains Three Ranks to Become 10th Largest Importer in the World

ABS News Service

 

ITA Expansion Talks Aim for Final Product List by July

ABS News Service

 

Kazakhstan WTO Accession in Bali Ministerial

ABS News Service

 

Anand Sharma Defends IP Flexibility in India at WIPO

India Accedes to Madrid Protocol for Trade Mark Registration the World Over with One Application

PIB (MoC&I) Press Release dated 8th April 2013

 

Iran Turns to Gas Exports to Pak and Turkey

ABS News Service

 

DGCEI Claims Rs. 100 crs Fraud Cenvat Credit Detection in Ship Scrap Cases

Dealer-Re-rolling Mill-Furnace Unit Nexus Alleged

PIB (MoF) Press Release dated 8th April 2013

 

World Prices of Energy, Food and Metals Fall in March 2013

World Bank

 

Service Tax Crackdown on Oil Exploration Services, L&T Sub-contractors

PIB (MoF) Press Release dated 4th April 2013

 

FTP Pushed Back by Two Weeks to Third Week of April as Ministries of Commerce and Finance Talk

PIB (MoC&I) Press Release dated 2nd April 2013

 

Central Board of Excise and Customs (CBEC) Offices to Remain open on 29th, 30th & 31stmarch, 2013

PIB (MoF) Press Release dated 28th March 2013

 

India and Liechtenstein Sign Tax Information Exchange Agreement (TIEA)

PIB Press Release dated 28th March 2013

 

BRICS Seek to Cement Position in Global Economic Landscape

ABS News Service

 

Safety Standards and Compulsory Registration for Imports of 15 Electronics Products Extended by 3 months to 3 July 2013

Compounding Fee to Cover Six Months Transaction Period Till 30 Oct for Registration Time

Department of Electronics and Information Technology (DeitY) Notification dated 20 March 2013

 

New Foreign Trade Policy on 4 or 5 April

Sharma Calls for New Market Penetration

PIB (MoC&I) Press Release dated 22 March 2013

 

WTO Plans Bali Pack Around Trade Facilitation, Food Security and LDC

ABS News Service

 

Japan Joins 11 in TPP Trade Talk Support Monetary Easing and Fiscal Stimulus Actions

ABS News Service

 

Atomic Energy Substances Export under Atomic Energy Act, 1962 and 18 January 2006 Notification

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

 

Copper Concentrates

PIB (Department of Atomic Energy) Press Release dated 20th March 2013

 

Copyright Registration Fee Raised Ten Times with Rs. 500 Minimum

Ministry of Human Resource Development, PIB Press Release dated 18th March 2013

 

Pak Bags GC Chair at WTO

ABS News Service

 

India to Replace Iran Oil Following US Pressure

ABS News Service

 

Budget 2013 and Textiles

ABS News Service

 

Plurilateral IT Talks May Conclude by Dec Bali Ministerial

ABS News Service

 

GPA Implementation in Bali

ABS News Service

 

WTO Members Discuss LDC Extension Proposal

ABS News Service

 

Solar Glass Spat Renews EU-China Trade Tensions

ABS News Service

 

Tobacco Plain Packaging Debate Heats Up Again

ABS News Service

 

Food Stockholding Talks Intensify as Unofficial Deadline Looms

ABS News Service

 

Pujari Report on Diamond Trade Released

ABS News Service

 

Revised Food Security Bill to be Placed in the Parliament During Budget Session

PIB (Ministry of Consumer Affairs, Food & Public Distribution) Press Release dated 13th February 2013

 

Marginal Gain in Dollar Exports in Jan 2013, Imports Up by 6%

PIB (MoC&I) Press Release dated 13th February 2013

 

India, France Expect to Conclude India-EU BTIA by Summer 2013

ABS News Service

 

Revenue Scrounges for Collections Lose Buoyancy, Excise at 14% in the Offing

ABS News Service

 

China Eclipses U.S. as Biggest Goods Trading Nation

ABS News Service

 

Russia is World No. 1 in Gold Import

ABS News Service

 

World Prices of Food and Sugar Fall, Energy and Metals Rise in Jan 2013

World Bank

 

US Taking India at WTO on Solar Panel Products on Local Value Add and Subsidies

ABS News Service

 

Russia-Japan Meat Trade Policies Highlight Food Safety Issues

ABS News Service

 

21 Good Friends Move Forward in Plurilateral Services Accord at WTO

ABS News Service

 

WTO, WHO, WIPO Examine Intersection of Public Health, Intellectual Property, Trade

ABS News Service

 

Nine Vie for WTO DG

ABS News Service

 

Tajikistan to Become 159th WTO Member

ABS News Service

 

FM Presents WCO Certificates to Revenue Officers

ABS News Service

 

Ministry of Commerce Invites Suggestions from Public on Plastic Scrap in SEZs

ABS News Service

 

Trade Ministers at Davos Press for “Meaningful Results” in Bali

Trade Ministers Suggest Easter Stocktaking

ABS News Service

 

Four Argentina WTO Disputes Reach Panel Stage

ABS News Service

 

European Commission Proposes Duties on Imports of US Biofuels

ABS News Service

 

WTO Authorises Antigua to Move Forward on Retaliation in US Gambling Dispute

ABS News Service

 

Weaker EU Farm Subsidy “Greening,” Re-coupling Proposed

ABS News Service

 

EU, Latin American Countries Pledge to Boost Trade, Amid Underlying Tensions

ABS News Service

 

India's Trade Portal

ABS News Service

 

Mauritius Teams Up with India in Textiles

ABS News Service

 

Facility for Clearance of Import of Gifts by Courier at IGI Airport

No Delay in the Clearance of Gift Parcels

PIB (Min of Finance) Press Release dated 31st January 2013

 

Cabinet Approves Export of Edible Oils from DTA to SEZ Units

PIB (CCEA) Press Release dated 31st January 2013

 

New Airport Terminal at Chennai Inaugurated

PIB Press Release dated 31 January 2013

 

Pascal Lamy Calls upon India to Team Up with US to Revive Doha

ABS News Service

 

Four WTO DG Hopefuls Meet Indian Minister at Davos

PIB (MoC&I) Press Release dated 24 January 2013

 

EU in FTA with India, Canada

ABS News Service

 

US-EU Trade Talks may Begin in Obama Second Term

ABS News Service

 

Obama may Push Trans-Pacific Partnership

ABS News Service

 

FIEO Hails Cut in Repo and CRR in Monetary Policy Revision

ABS News Service

 

Cross Border Trade Calculations Cut US Trade Deficit with China

ABS News Service

 

US Pushes Services Plurilateral

ABS News Service

 

Comprehensive Minamata Mercury Treaty Opens for Oct 2013 Signature

ABS News Service

 

Presidential Awards to 37 Officers of the Customs, Central Excise and ED

PIB (MoF) Press Release dated 24 January 2013

 

Palm Oil Climbs as Malaysian Exports Seen Gaining on Zero Tax

ABS News Service

 

No Automatic Conversion of any unsold Sugar Quantity into Levy Sugar

Ministry of Consumer Affairs, Food and Public Distribution, Directorate of Sugar dated 28th January, 2013

 

ICRISAT Decodes Chana (Chickpea) Gene Sequence

PIB (MoA) Press Release dated 28th January 2013

 

India-Bangladesh Sign Revised Extradition Treaty and the Revised Travel Arrangements (RTA) in Dhaka

PIB (MoHA) Press Release dated 28th January 2013

 

FIPB Ok for 4 FDI Proposals Amounting to Rs. 280 crs

PIB (MoF) Press Release dated 28th January 2013

 

Anti-Corruption CBI Raids Prompts Revenue Secretary Letter to CBDT/CBEC Chiefs

Office Memorandum (F.No. C.14014/2/2013-Vig) dated 23rd January 2013

 

Pulse Imports for PDS Resumes

PIB (Min of Consumer Affairs, Food & Public Distribution) Press Release dated 22 January 2013

 

Revenue Heads of BRICS Meet in Delhi

ABS News Service

 

Agri Negotiations Push Forward at WTO

New Data on TRQ, Food Security

ABS News Service

 

China Anti-dumping Duties on Steel WTO - Illegal, Japan says

ABS News Service

 

US Challenges Indonesia Import Restrictions on Horticultural, Animal Products

ABS News Service

 

Vietnam Shrimp Industry Faces Continued Hurdles

ABS News Service

 

US-EU Plans Trade Pow Wow

ABS News Service

 

New Uniform Rules for Forfaiting (URF) Comes into Effect on 1 Jan 2013

ICC Paris 7 January 2013

 

Gold Swings Near One-Month High Before U.S. Vote on Debt

ABS News Service

 

Tariff Value System of Edible Oils Abolished

PIB (MoF) Press Release dated 17 January 2013

 

Cabinet Approves Export of Processed and Value Added Agricultural Products even in the event of Restriction/Ban on Export of Basic Farm Produce

PIB (MoC&I) dated 17 January 2013

 

China Defends Export Data after Economists’ Skepticism

ABS News Service

 

World Bank Cuts Growth Forecasts as Developed Nations Lose Steam

ABS News Service

 

Copper Advances First Time in Four Days on Global Recovery Bets

ABS News Service

 

India Cries Off from Plurilaterals

Loses Future Options in Trade?

ABS News Service

 

India, South Africa agree for Early Finalisation of India-SACU PTA Negotiations

India’s Concerns on Market Access to Bovine Meat

PIB(MoC&I) Press Release dated 14 January 2013

 

Major Recommendations of Expert Committee on GAAR Accepted

ABS News Service

 

Gold Extends Gain on U.S. Debt Concern; Platinum at 3-Month High

ABS News Service

 

Palm Oil Advances as Soybeans Jump Most in Six Months on Supply

ABS News Service

 

Swap Facility for Expansion of Export Credit in Foreign Currency

RBI Press Release dated 14 January 2013

 

Chennai Excise Intelligence Claims Recovers Rs. 76.88 crs, Detects Another Rs. 362 crs

DGCEI, Chennai Press Note dated 9th January 2013

 

Dollar Exports Fall 1.9% in December 2012, Imports Gain 6.3%

PIB (MoC&I) Press Release dated 11th January 2013

 

14 FDI Proposals Amounting to Rs. 1310.60 crs Approved by FIPB

PIB (MoF) Press Release dated 11th January 2013

 

Japan Unveils 10.3tn Yen Fiscal Stimulus

ABS News Service

 

World Prices of Food and Sugar Fall, Metals Rose in Dec 2012

World Bank Pink Sheet

 

Cold Weather to Boost India Wheat to Record for Seventh Year

ABS News Service

 

Malaysia Exports Rebounded in November on Electronics, Petroleum

ABS News Service

 

Iron Ore Seen Set for Bear Market After Restocking Rally Fades

ABS News Service

 

Gold Little Changed After Rising Most in a Week on China Demand

ABS News Service

 

Ahmedabad Excise Intelligence Recovers Rs. 100 crs, Detects Another Rs. 300 crs

DGCEI Ahmedabad Press Note dated 4th January 2013

 

Rupee Forecast to Rise to Rs. 50 per Dollar on Forex Inflows

ABS News Service

 

Revenue Secretary Threatens Crack Down on Customs, Excise and Service Tax Evaders with Prosecution and Arrest as Revenue Collections Crash

PIB (MoF) Press Release dated 2 January 2013

 

Anand Sharma Offers Sops for More Exports in New Year

  2% Incentive on Incremental Exports in 2013 Q1

  100 New Items in FPS, 60 in MLFPS

  All Food Preparations now in VKGUY

  Interest Subvention Extended by One More Year, All SMEs Covered

ABS News Service

 

Pascal Lamy to Retire

Three Throw Hat in the Ring for WTO DG

ABS News Service

 

Mexico Chums Up with Argentina following Auto Deal, Drops WTO Case

ABS News Service

 

WTO Pulls Up Canada for Local Sourcing Rule in Power Generation

ABS News Service

 

US Trade Bounces Back, Protectionism Grows

ABS News Service

 

FIEO Organises India Show at Karachi

ABS News Service

 

WIPO Frames Industrial Design Treaty

ABS News Service

 

Panel Established on US Countervailing and Anti-dumping Measures on Chinese Products

ABS News Service

 

US Slaps Anti-Dumping and CVD on Wind Towers from China, Vietnam

ABS News Service

 

Global Economy Risks Falling into Renewed Recession, Warns UN Report

ABS News Service

 

New Visa Agreement between India and Pakistan

Visa on Arrival at Wagha Check Post from 15 Jan 2013 only for Sr. Citizens!

PIB (MoHA) Press Release dated 14 December 2012

 

EU Plus “Real Good Friends” Plurilateral Services Agreement in 2013

ABS News Service

 

WTO Members Aim for “Realistic” Doha Deliverables for 2013

ABS News Service

 

Poor Countries Must Invest in Farming to Tackle Hunger, says FAO

ABS News Service

 

US, EU, Japan Join Mexico in Advancing Challenge to Argentine Import Restrictions

ABS News Service

 

The Riddle of Falling Rupee Coexisting with Crashing Exports by Arun Goyal

ABS News Service

 

Tajiks to Join WTO as 159th Member

Afghans, Azeris are Next in the Queue

ABS News Service

 

Bali WTO Ministerial on 3-6 Dec 2013

ABS News Service

 

Dollars Exports Fall by 4.17%, Import Up by 6.35% in Nov 2012

PIB (MoC&I) Press Release dated 11 December 2012

 

Iran Oil Exports Slump 46% as US Sanctions Bite

ABS News Service

 

Australia Lifts 2013 Iron Ore Price Forecast on China Demand

ABS News Service

 

EU-Japan FTA in the Making

ABS News Service

 

Bangladesh Perks Up!

ABS News Service

 

Obama Shields for EU Emissions Rule

ABS News Service

 

Rice Imports by China Set to Jump Fourfold on Local Prices

ABS News Service

 

World Prices of Energy, Food and Sugar Fall in November

World Bank Pink Sheet

 

India Continues Cut in Iran Oil to Qualify for Exemption to US Sanctions

ABS News Service

 

ASEAN-India Commemorative Summit in New Delhi on December 20-21, 2012

ABS News Service

 

SP Agarwal Obituary

ABS News Service

 

Misuse of Correction Fluids and Nailpaint Removers

PIB Press Release dated 30 November 2012

 

Salt under FSSAI

ABS News Service

 

China May Keep 7.5% Growth Target as Manufacturing Gains

ABS News Service

 

US Senate for Sanctions on Iran to Continue, White House Not Happy

ABS News Service

 

Brazil Continues Push for Further WTO Discussions on Currency, Trade Relationship

ABS News Service

 

DGFT Pujari Claims eBRC a Success, Banks issue 8 Lakh eBRC in Three Months

MoC Press Release dated 20 November 2012

 

Ukraine Renegotiation Request on Tariff Lines, Russia’s Ban on Live Animals and Automobile Recycling Fee under Fire

ABS News Service

 

Trade-distorting Farm Payments Fall to New Low, EU Says

ABS News Service

 

Bolivia Invited to Become Full Member of Mercosur

ABS News Service

 

WIPO Negotiations on New Legal Instrument for Visually Impaired Move Forward

ABS News Service

 

Cautious Welcome for Farm Trade Proposals at WTO

ABS News Service

 

Asia-Pacific Leaders Announce Major Regional Trade Talks

ABS News Service

 

US House of Representatives Clears Russia Trade Legislation

ABS News Service

 

Canada, EU Aim to Bring Trade Talks into Final Stages

ABS News Service

 

No Tax Free Zones in Operation

Ministry of Finance, PIB Press Release dated 23rd November 2012

 

Thailand to Surpass India as Top Rice Shipper on Stockpiles

ABS News Service

 

India Bets on Troubled Kashagan to Restart Oil Expansion

ABS News Service

 

WTO Adopts Ruling on Electrical Steel

ABS News Service

 

Japan Government to Spend 1 Trillion Yen on Next Stimulus

ABS News Service

 

Soros Buying Gold as Record Prices Seen on Stimulus: Commodities

ABS News Service

 

APEC Push to Liberalise Environmental Goods Spurs Debate at WTO

ABS News Service

 

Developing Countries Table Food Security Proposal at WTO

ABS News Service

 

European Commission Announces Temporary Suspension of Aviation Emissions Law

ABS News Service

 

EU Trade Chief Renews Push for Brussels-Washington Trade Deal

ABS News Service

 

China on Anti-dumping Spree, EU and US Chemicals in Hit List

ABS News Service

 

Pak sends 200 Exhibitors in IITF

ABS News Service

 

Dollar Import Up by 7.47% in Oct 2012, Export Fall 1.6%

Press Note of Dept. of Commerce, Ministry of Commerce & Industry dated 12 November 2012

 

20 Years Banana War Ends as EU Lowers Tariff by 30% in Next Five Years

Fall in Differential between Low Duty Former Colonies and MNC Based Low Cost Caribbean Producers Seen

ABS News Service

 

US “Fiscal Cliff” in $600bn Auto Tax Hike and Spending Cuts Ahead

ABS News Service

 

EU Limits Shipping Fuel Pollution

ABS News Service

 

China-Japan-Korea Trade Talks Delayed on Island Spat

ABS News Service

 

ITA II Covering Consumer Goods on the Boil, Korea Claims 17 in First List

ABS News Service

 

Dollar Rises to Eight-Week High Versus Euro before U.S. Election

ABS News Service

 

Gold Gains for 2nd Day as Dollar Weakens Before U.S. Vote

ABS News Service

 

G-20 Tells U.S. to Avoid Fiscal Cliff as Focus Widens

ABS News Service

 

Final Extension of Transition Period for Export Subsidy Programme of 19 Developing Countries Extended Till 2013 End

ABS News Service

 

World Prices of Energy, Food Fall in October

World Bank

 

India Must Tax Palm Oil Imports to Aid Farmers, Says Godrej

ABS News Service

 

Pak Promises MFN Status to India by Year End

ABS News Service

 

China Broadens Solar Dumping Probe to Polysilicon

ABS News Service

 

Packaging Quantity Standardized for 19 Commodities from 1 Nov 2012

PIB Press Release dated 1st November 2012

 

Indonesia and Montenegro Join AGP as Observers

ABS News Service

 

Laos, Tajikistan Join Queue for Entry into WTO

ABS News Service

 

Mexico Challenges China over Subsidies for Clothing, Textiles

ABS News Service

 

IMF Tokyo Meet Grapples with Global Slow Down

ABS News Service

 

Ukraine to Ban Wheat Exports from mid-November

ABS News Service

 

WTO Releases 2011 Trade and Tariff Data

World Merchandise Exports Up by 5% in 2011 in Volume Term

ABS News Service

 

WTO Appellate Body Hands Victory to Washington on China Steel Duties

ABS News Service

 

Wheat Climbs, Ukraine may Limit Shipments

ABS News Service

 

Japan Exports Tumble 10%, BOJ may Pump in More Money

ABS News Service

 

Cabinet Approves National Policy on Electronics 2012

PIB Press Release dated 25 October 2012

 

Americans Cut Spending on Consumer Goods by 40% in Last 20 Years

But Quantity Rises 65% as Prices Drop

2011: 66 garments, 7.3 pairs of shoes

1991: 40 garments, 5.4 pairs of shoes

ABS News Service

 

Rangarajan Recommends Decontrol of Sugar

PIB Press (PMO) Release dated 12 October 2012

 

Rupee May Rise to 50

ABS News Service

 

Iran Blinks on Uranium, Nov Oil Drops to $90

ABS News Service

 

MRP of Urea Up by Rs. 50 PMT to Incentivise Retail, Dealer to give SMS Acknowledgement of Fertilizer Receipt

PIB Press Release dated 11 October 2012

 

Dollar Exports Down by 10.78% in September 2012, Imports Gain 5%

India’s Foreign Trade: September, 2012

ABS News Service

 

Reduction in Interest Rate can be stimulus to export growth: FIEO Chief

ABS News Service

 

Dr P.L. Sanjeev Reddy cremated on 16 October. Memorial meeting to be held on 25th October at Hyderabad

ABS News Service

 

Former DGFT Dr. P.L Sanjeev Reddy No More

ABS News Service

 

IMF Forecasts GDP Fall in India to 4.9% in 2012, Call for High Interest Rates

ABS News Service

 

G-20 Presents TRQ Proposal at WTO

ABS News Service

 

US Subsidies Fall Due to High Prices

ABS News Service

 

Booming Feed Price Push up Milk, Cow Slaughter Rises in US

ABS News Service

 

Trade Facilitation Moves On at WTO

ABS News Service

 

Race for WTO DG Kicks Off on 1 Dec, New Zealander Groser Throws in Hat

ABS News Service

 

Metals and Energy Rises but Edible Oils Fall

World Bank Pink Sheet

 

No Service Tax Rail Movement of Relief Materials and Other Exempt Goods

PIB (Ministry of Railways) Press Release dated 3rd October 2012

 

India and Austria Sign Agreement on Technology Cooperation in the Shipping and Ports Infrastructure Sector

PIB (Planning Commission) Press Release dated 3rd October 2012

 

WTO Says World Trade Growth Falls to 2.5% in 2012

ABS News Service

 

BIS Registration on 15 Electronic Products Must - DeitY Issues IT Order

ABS News Service

 

Govt Bans Correction Fluids and Thinners Production and Sale – Use in Devices Allowed

PIB (MoH&FW) Press Note dated 19 September 2012

 

Union Cabinet Extends Control by Essential Commodity Act on Pulses and Edible Oils for One Year

ABS News Service

 

G-20 Agree More Government Action Needed for World Recovery

ABS News Service

 

Pork Supply Shrinks to Lowest Since 1975 on Drought: Commodities

ABS News Service

 

EU Calls on Russia to Live up to WTO Commitments

ABS News Service

 

Cabinet Decisions on FDI in Single Brand Retail, Multi Brand Retail, Civil Aviation, Broadcasting Sector and Power Exchanges Notified

PIB (MoC&I) Press Release dated 20 September 2012

 

Cabinet Approves National Policy on Information Technology 2012

PIB Press Release dated 20 September 2012

 

7 Ultra Mega Power Projects and 106 Mega Power Projects Get Import Duty Relief

The Hindu Business Line dated 11 September 2012

 

Energy Rises but Commodities Fall

World Bank Commodity Prices

 

China Imports Unexpectedly Drop as Exports Rise Less than 3%

ABS News Service

 

NAM Backs Assad in Syria

ABS News Service

 

Key Conclusions of NAM Summit

ABS News Service

 

NAM from Bandung in 1955 to Tehran 2012, a 120 Members Body Today

ABS News Service

 

Samsung Scores Over Apple in Patent Dual at Tokyo

ABS News Service

 

MoF Notifies Advance Price Agreement (APA) Scheme

ABS News Service

 

India Plans ASEAN Meet in December at Delhi

ABS News Service

 

Tehran Summit Takes Aim at US, West

India PM Manmohan Attends

ABS News Service

 

US Challenges Argentina Trade Restrictions, Mexico Joins in

ABS News Service

 

Apple Wins 6 out 7 Patent Suits against Samsung Infringement

Injunctions against Phones on the Anvil

ABS News Service

 

Swiss National Bank’s Jordan Wonders how to Spend $380bn Pile

ABS News Service

 

Russia Joins WTO, Binds Tariffs at 7.8%

ABS News Service

 

Ban to Attend Tehran NAM Summit – India and Egypt PMs to Join in

ABS News Service

 

India Cuts Pak Sensitive List by 30%, Tariff to Fall to 5% in 3 years

PIB (MoC&I) Press Release dated 18 August 2012

 

Praveen Mahajan Appointed as Chairperson of CBEC

ABS News Service

 

Pak in Barter Deal with Iran, Offers $300 per tonne Wheat for Urea

ABS News Service

 

Iran Loses $100mn a Day as US Sanctions Hit Exports

ABS News Service

 

Oil Advances on U.S. Economic Outlook

ABS News Service

 

Iraq Pushes Oil Production Pact Iran and Kuwait

ABS News Service

 

Daya Shankar Dies of Blood Cancer in Melbourne

ABS News Service

 

Vanuatu in South Pacific to Joint WTO on 24 August

ABS News Service

 

Indonesia Challenges EU on Edible Oil at WTO

ABS News Service

 

Next WTO Ministerial in Bali in December 2013

ABS News Service

 

Dollar Rises as Global Slump Spurs Safety Demand

ABS News Service

 

NAM Summit in Tehran August 26 - 31

ABS News Service

 

Russia says United States Resorting to "Overt Blackmail"

ABS News Service

 

Commodity Prices Rebound in July

World Bank

 

FIEO President for Continuation of Open Imports of Capital Goods Inspite of Domestic Loss Pressure

FIEO Press Release dated 9th August 2012

 

24X7 Customs Operation a great help to Exporters: FIEO

FIEO Press Release dated 8th August 2012

 

FDI from Pakistan Allowed under Government Route

PIB Press Note (Ministry of Commerce & Industry) dated 1st August 2012

 

No Reckoning of Downstream Investment by FDI Banking Co.

PIB Press Note (Ministry of Commerce & Industry) dated 1st August 2012

 

India Signs Tax Information Exchange Agreement with Monaco

PIB Press Release (Ministry of Finance) dated 1st August 2012

 

MOEF Rebuts Claim of Environment Hurdles Blocking Projects

PIB Press Release dated (Ministry of Environment and Forests) 1st August 2012

 

Iran Loses $133mn a Day on Embargo as Oil Buoys Obama

ABS News Service

 

GoI Offers Sovereign Guarantee to Iran Oil Insurers

ABS News Service

 

Parveen Mahajan Takes over as Acting Chairman of CBEC, S.K. Goel Retires

Message from S.K. Goel at Retirement

 

CBEC Releases Postage Stamp to Celebrate 50 years of Customs Act

Ministry of Finance, PIB Press Release dated 26th July 2012

 

The Price of 154 Drug Formulations Revised by NPPA

Ministry of Chemicals and Fertilizers, PIB Press Release dated 24 July 2012

 

Oil Rises again, Euro will Survive

ABS News Service

 

China Exports Fall by 20-30 percent

ABS News Service

 

China Floods Steel Market

ABS News Service

 

India Defreezes Tariff Value of Refined Palm Oil, Duty on Market Value to Raise Price

Cabinet Committee on Economic Affairs, PIB Press Release dated 20th July 2012

 

Apple, Google’s Motorola Unit Each Appeal Patent Rulings

ABS News Service

 

China Retaliates with Anti-dumping Action on US Polysilicon

ABS News Service

 

Asean Splits between US and China over South China Sea

ABS News Service

 

World Exports of Commercial Services Up by 3% in the First Quarter of 2012

ABS News Service

 

Obama Slaps Sanctions on Iran Tanker Co

ABS News Service

 

Oil Trades Near Seven-Week High on Iran, Stockpiles

ABS News Service

 

World Commodities Crash

World Bank

 

Asean Fails to Reach Accord on South China Sea Disputes

ABS News Service

 

U.S. Sanctions Iranian Tankers to Tighten Oil Noose

ABS News Service

 

United Seeks Fuel Savings with $14.7 Billion Boeing Order

ABS News Service

 

India Industrial-Output Growth Rebounds from Earlier Contraction

ABS News Service

 

EU’s New Crisis Model Gives Spain More Time for Cuts

ABS News Service

 

China Blocks EU, US, Japan Request for WTO Dispute Panel on Rare Earths

ABS News Service

 

US, China Spar on Automobile Duties; Mexico-Argentina Car Deal Suspended

ABS News Service

 

Services Liberalisation Talks Among Group of WTO Members to Enter “New Phase

ABS News Service

 

Russian Duma Ratifies WTO Accession Accord

ABS News Service

 

Trans-Pacific Talks Push Forward in San Diego

ABS News Service

 

Farm Bill Discussions Kick Off in US House of Representatives

ABS News Service

 

Slower Foreign Investment Growth Expected in 2012: UNCTAD Reports

ABS News Service

 

Cabinet Clears Rs. 10K Crores Electronics Manufacturing Subsidy

Ministry of Communications & Information Technology, PIB Press Release dated 12.07.2012

 

Benchmarks for LDC Accession to WTO

ABS News Service

 

European Parliament Rejects Anti-Counterfeiting Pact, Says TRIPS is Adequate

ABS News Service

 

WTO Appellate Body Holds US Origin Label Illegal

ABS News Service

 

Paraguay out of Mercosur, Venezuela at the Door

ABS News Service

 

Switzerland is Innovation Topper

ABS News Service

 

Zoellick Calls for Quick Trade Facilitation Deal

ABS News Service

 

Dollar Values of Export and Import Fall in May

Ministry of Commerce & Industry, PIB Press Release dated 2nd July 2012

 

WTO Panel on US Complaint against India for Avian Fowl Restrictions on Chicken Import

ABS News Service

 

EU Body Rejects Counterfeiting Pact

ABS News Service

 

US Senate Passes Farm Bill

ABS News Service

 

US to Slap Sanctions on Russia on Human Rights Violation

ABS News Service

 

US, EU in Pow Wow on Trade

ABS News Service

 

US-Iran Spar in Trade War- False Flags, Weak Sanctions

ABS News Service

 

Concerns Raised over Trade Measures by the EU, Argentina and Indonesia

ABS News Service

 

Crude Falls but Rupee Value Steady

Ministry of Petroleum & Natural Gas, PIB Press Release dated 25.06.2012

 

Turkey Cotton Yarn Safeguard Against India Settled, Action to Lapse After One Year

ABS News Service

 

China Loses “Buy American” Steel Subsidy Case at WTO

ABS News Service

 

China on the Mat Over State Control, Subsidies, Export Restrictions and IPRs in WTO TPR

ABS News Service

 

Debate on Third Country Yarn and Fabric US GSP to Africa

ABS News Service

 

World Leaders Except India, China Boycott Rio+20 UNCSD Meet

ABS News Service

 

China Starts Review of Anti-dumping Duty on Sulfamethozazole from India on Request for Extension by Local Industry

ABS News Service

 

FM Releases Guidance Paper on Service Tax: New Approach Intended to Take Country and Economy a Step Closer to GST

Ministry of Finance, PIB Press Release dated 20th June 2012

 

G-20 Meet Focus on Spain

India Trade Notes/19.06.2012

 

World Trade Picks Up by 5 percent in Q1

www.wto.org

 

India Exempted from Iran Oil Sanctions Following Compliance

India Trade Notes/16.06.2012

 

Farm Bill Debate Kicks Off in US Senate

India Trade Notes/16.06.2012

 

Russian Accession to WTO Forces Rethink on US Human Rights Approach

India Trade Notes/16.06.2012

 

Political Wrangling Continues as Australian Carbon Tax Prepares to Take Effect

India Trade Notes/16.06.2012

 

Counterfeit, Trademarks, and Copyright Top the Agenda at TRIPS Council

India Trade Notes/16.06.2012

 

Nokia to Cut 10000 Jobs as Elop Tries to Stanch Losses

India Trade Notes/16.06.2012

 

World Bank Commodity Prices of May 2012

Worldbank.org

 

Anand Sharma in Trade Policy Beautification Drive-Arun Goyal

India Trade Notes - Arun Goyal/6 June 2012

 

Rupee Declines toward a Record Low on Weakening Economic Outlook

India Trade Notes-01.06.2012

 

More Rupee Crashes in future as FDI Inflows Stall

India Trade Notes-01.06.2012

 

Daewoo Washing Machines Slapped with 71 percent Anti-subsidy Duty in US

India Trade Notes – 01.06.2012

 

National Telecom Policy-2012 and Unified Licensing Regime

Source: PIB Press Release dated 31 May 2012

 

 

Vol25 No 43

Obama Becomes Banker-in-Chief in Credit Market Freeze

18 New Cases - Anti-dumping Investigations during 2008

China Registers Sharp Drop in Trade

New WTO Rules on Anti-dumping and Subsidies Text Brings Old Rifts into Focus

Lamy Emerges as Lone Contender for Next WTO Chief

Emerging Markets Face $180 Billion Investment Decline

Obama Picks Former Mayor Ron Kirk for USTR Post

Group of 20 Leaders’ Statement after London Meeting on 2 April 2009 – See Weekly Index Issue No . 2 dated 09-14 April 2009

Indian ASEAN FTA comes into effect on 1 Jan 2010

 

Vol27 No 40

No Generic Drug Hold Up in Europe Now, India EU Strike Deal

“Aid for Trade” Review at WTO in 2011

GPA Revision Due in First Half of 2011

Aero Show in Bangalore 09-13 Feb 2011

Authorised Eco Operator Scheme Drafted for Cargo Security

India and Russia Signs Protocol on Trade and Investment

India-Russia Trade Aims at $20bn

Brazil Hikes Duty on Chinese Toys as Currency Gains 37% against Yuan

Crude Rise to $100 Stops as Refineries Cut Stocks

14th Session of China-Pak Joint Committee in Economy, Trade, Science and Technology Held in Islamabad

 

Vol27 No 42

India Plays Ball with US on Iran – Blocks Credit in ACU – Rupee Falls

Interest Rate Subvention for Exports – Rs. 404 crore Sanctioned

NTBs Hold up Onion Import at JNPT

Commerce Ministry Orders Import of Onions from Pakistan

Cancun Meet Ends with Many Gains

LDC Numbers Double to 49 in 40 Years

Surging Onion, Lentil Prices Push Swap Gap to Two-Year High: India Credit

China Rare Earths Leave Toxic Trail to Toyota, Vestas

 

Vol27 No 43

US Forces India to Pay for not Signing WTO Agreement of Govt Procurement

China Steel to Increase Prices After Demand Climbs

China 2010 Foreign Investment Rises to $106 bn to Record

Bent Crude Premium Rises to Record

 

Vol27 No 44

Food Price Rise Ahead

India-UK to Enhance Bilateral Investments

Concor Shows Income Growth of 9.80% in 3Q Oct-Dec '10

Beijing Fund for Wind Power is a Subsidy Says US

 

Vol27 No 46

Ban on Plastic Pouches Containing Gutkha

HC Wants Show to Comply with Customs Act, 1962

Finance Minister Releases Report of Task Force on Transaction Cost in Exports

Rubber Climbs to Near Record as China Ups Purchases

Chinese Steel Drill-Pipe Face US Dumping Duties

 

Vol27 No 47

Export Incentives for more than 600 Products Announced – Notifications Awaited

Russia May Join WTO this Year

Indonesia Expands 6.9% in Fourth Quarter, Fastest Pace Since 2004

Impact of Counterfeiting and Piracy to Reach US$1.7 tn by 2015

Davos Calls for Doha Conclusion by End 2011

High Demand Boosts Commodity Prices

 

Vol27 No 48

India Japan Sign Trade Pact

EU Sued Over Secrecy Surrounding FTA Talks with India

Canada Calls for WTO Panel in Seal Dispute with EU

Officers for Imported Food Clearances Notified

 

Vol27 No 50

US Targets India, Brazil for Doha, China Sidelined

 

Vol27 No 51

BOJ Fails to Contain Investor Panic as Nuclear Danger Rises

Food Prices Hit New Peak, says FAO

Georgia to Resume Talks with Moscow on Russian WTO Accession

End in Sight to US-Mexico Trucking Dispute

 

Vol27 No 52

FM Gives Relief to IT Manufacturing, Mobile CVD Slashed to 1% from 5%

Trade Value up by about 17% in the Fourth Quarter of 2010

G-7 Sells Yen in First Joint Intervention in more than Decade

Japan’s Wagyu Beef Exports, Rice Output Threatened by Radiation

 

Vol28 No 02

DGFT Clamps Down on Deemed Export Incentives

Customs Clarifies that World Cup Trophy was Held Back at Airport for Re-export on Request from ICC

Dollar Exports Up by 49% in Feb 2011

Review of CVD on PET from India at EC

Panel Backs Brazil in Zeroing Dispute with US

EU Appeals WTO Ruling in China Steel Fastener Dispute

EU, Colombia, Peru Initial FTA

DRI Kolkata Seizes Ref Sanders Wood and Sanitary Goods on Way to Nepal

 

Vol28 No 03

World Trade Up 14.5% in 2010, 2011 Forecast 6.5%

India Moves Up to 20th Place in World Exports and 13th Position in World Imports

India Moves Up to 10th Position Among Service Exporters

G-20 Cannes Summit 3-4 November 2011 – Outcome Documents

 

Vol28 No 37

After Biodiesel, EU Cracks Down on US Bioethanol

No Ministerial Declaration in WTO Dec Meet?

Italy to Cut Deficit

10th Year Celebration of Doha Public Health Declaration

Hillary Clinton Visits Burma, Seeks US entry to Curb Yunnan

China and ASEAN Signs Agreement of Trade in Services of ACFTA

Korean Lawmakers Ratify US FTA

FAO Calls for 70 percent Rise in Food Production by 2050

China Retaliates on US Dumping Investigation on Solar Panels

US, EU Consider Launching Bilateral Trade Talks

EU India Trade Deal by Feb 2012

China Shows ‘Deep Concern’ Over ITC Ruling on Injury to Solar World

October Dollar Export Rise 10.8%, Imports rise 21.7%

Cabinet Approves Additional Funds of Rs. 2050 Crs under Interest Subvention Scheme for SMEs

 

Vol28 No 38

China Completes 10 years at WTO

China Marks Decade in WTO Amid EU, U.S. Criticism

Japan Expands Rice Ban as Contamination Spreads

USITC says Anti-dumping and Countervailing Duty on Steel Plates from India, Indonesia, Korea and US to Continue in Sunset Review

USITC Find Injury in Steel Pipe from India, Oman, UAE and Vietnam

USITC to Expedite Five-Year (Sunset) Review on Fresh Garlic from China

EU Announces Compliance with Airbus Subsidy Ruling

US Proceedings against Chinese Solar Panels Continue; Beijing Denies Harm for US Manufacturers

Montenegro’s WTO Accession Package Adopted

Rupee Hits Historic Low against Dollar – Falls Below Rs. 53.00

Euro Trades Near 11-Month Low to Reach $1.30 Before Italy, Germany, Spain Auction Bonds

Dollar-Rupee Rate at NSE Futures

 

Vol28 No 39

WTO Ministerial Concludes, Chair’s Summary Replaces Declaration, Single Undertaking Abandoned in Favour of Harvesting Low Hanging Fruit, Accession of LDCs made Simpler

Samoa, Montenegro welcomed into the fold

WTO Launches Integrated Trade Intelligence Portal for Accessing Trade Policy Information

After Eighteen Year “Marathon,” Russia Crosses WTO Finish Line

India May Join U.S.-China Solar Trade Spat

Anand Sharma Asks All Countries to ESCHEW Protectionism

Rupee Jumps Most Since May 2009 on Central Bank’s Move to Curb Speculation

Anand Sharma Rules Out Standstill in Tariff at WTO Ministerial

 

 

Member Budget Charge Taken Away from Sheila Sangwan in Mid-Course of Budget 2012 Build Up

China, Japan to Back Direct Trade of Currencies without the Dollar, Yuan Volumes Rise along with Value

Blaze at Cargo Warehouse at Delhi International Airport – Airlines Offices Gutted

FIEO President Ramu Deora puts in Papers One Year before End of Tenure

Rafeeque Ahmed Elected FIEO President for Second Time

Slow Down Signals Recession, 31 Out of 43 Commodities on the Decline – Urea Crashes 24%, World Bank Pink Sheet – January 2012

Rice Exports to Triple this Year

Shrinking Surplus May Help China in Undervaluing Yuan

Markel, Sarkozy Meet on Euro Rescue Plan

India Tries to Pay Iran in Rupees in Barter Deal for Oil as US Law Threatens Sanctions against India

Iran-Korea, Japan and China Fall in Line

100 Per Cent FDI in Single Brand Retail Notified

Rupee Expected to Rise 48-50 Range against Dollar by 2013

FDA Halts Orange Juice Imports for Test

China Trade Slumps in December

China Snubs Geithner on Iran Oil, Japan Plans Cut

China Spurs $115 Billion Australia Port, Rail Boom: Freight

Vietnam Signals Cuts in Interest Rates as Asia’s Fastest Inflation Eases

Authorised Banks for e-Payment through ICEGATE for All Customs Locations w.e.f. 16.01.2012

Seizure of 9th to 12th Century Antiques on Nepal Route by Siliguri Customs

Excise Commissioner Held in Bribery Case

Finance Minister holds Pre Budget Consultations with Trade Union Groups; Necessary Measures Sought to Safeguard Interest of Workers

World Bank Cuts Outlook as Euro Region Contracts

Euro Advances as IMF Said to Seek $1 Trillion

South Africa Exporting Corn Risks Depleting Domestic Supplies

World Commercial Services Trade Rises 12% in Q2, Brazil, Russia, Switzerland and India Lead

10 LDCs on Fast Track to Join WTO

Argentina Starts Compulsory Licensing, Import Balancing for All Imports from 1 February

Obama Blocks Proposed Canada – Texas Oil Sands Pipeline

Brazil Advances $2.2bn for Ethanol Production

SOPA and PIPA in Congress to Curb Internet Freedom and Wikipedia

Vodafone International Holdings B.V. vs. UOI (Supreme Court)

RBI Cuts CRR by 50 Points, Injects Rs. 32,000 crs Liquidity in Economy to Push Growth

India takes over as President of SAARC Chamber

India uses Yen to Square up Iran Oil, Dithers on Accepting the falling Rupees

Wheat Production in Russia, CIS Reaches Record

Rupee Rises by 38 paise to the Dollar, Hits 49.648

India, Thailand: PMs want Free Trade Pact by Mid-2012

Myanmar's Natural Gas and Oil Pipelines

India Signs OECD Convention on Assistance in Tax Matters

December Dollar Export Rise 6.71%, Imports Up 19.81%

FIEO President Calls for Investment Incentives to Reach Export Target

Dollar-Rupee Rate at NSE Futures

No Export Quotas for Bhutan, India Allows Transit for Bhutan Trade with Bangladesh

Industry Leaders Met FM in Pre Budget Meets

Cabinet Approves Compulsory Local Content for Electronic Goods

Pak gets WTO Waiver on EU TRQ for Pak

India Prepared for Rate Cut as Central Bank Sees Inflation Easing: Economy

EU, India Trade Talks Make Progress Ahead of February Summit

WHO Talks on ‘Counterfeit’

EU Inks Anti-Counterfeiting Pact

China Raw Material Export Restrictions Illegal, Says WTO Appellate Body

African Union Aims for Continental Free Trade Area by 2017

Crude Rises but Gas Falls, World Sugar on the Rise, Rice Falls

China in Trade War with EU Over Carbon Emission Levy

Cargill says Food Prices Set to Rise

US Trade Gap Rises to $48.5bn in November

Mauritius Trade Minister Calls on Anand Sharma

Finance Minister hopes an Upward Revision in the GDP Growth

G.K. Vasan Strongly Advocates PPP Mode in Port Investment

Mauritius PM Navinchandra Visits India

BHP Billiton First-Half Profit Drops 5.5%

China moves to Fund EU Stability with $3tn Reserve

China Bans 400K DWT Large Iron Ore Carriers to Stop Brazil – COSCO Gains, Small Steel Makers, Ship Owners Suffer

Tensions over EU Emissions Levy Reach New Heights as China Tells Airlines not to Comply

Rupee Falls by 26 paise to Reach 49.29 to the Dollar

US gives up on Zeroing of Anti-dumping Investigations, Signs Pact with Brussels and Tokyo

China to Subsidise GM Crops in Three Nongs Policy

EU gives Euro 100mn Three Year Trade Package to Pak in Textiles, Leather and Ethanol

China Solar Panels may Face Retrospective Duties to Punish Import Surge

Argentina on go Slow in Automatic Licence Approval, Approval Rate only 33%

Rupee Falls by 35 paise to Reach 49.64 to the Dollar

Pak to Announce Negative List for Indian Exports Soon

DGFT on Sectoral Review Mode for Annual Foreign Trade Policy

Pascal Lamy Points to Africa for Food Trade and Production

Dominican Republic Loses on Plastic Bag Safeguards Case at WTO

Rupee Gains by 33 paise to Reach 49.32 to the Dollar

American Jews Object to Khullar’s Plan for Iran Export Promotion

Rupee Steadies at 49.33 to the Dollar

ECGC to Stop Cover on Exports to Iran

EU Expected to Ban Iranian Banks from Swift

Rupee Steadies at 49.25 to the Dollar

Protests on Anti Counterfeiting Pact Mount in EU

Farm Subsidies Cuts Hearings begin US Congress

US Industry Pushing to Sideline Doha?

Carpet Expo Flags Off at Pragati Maidan, China Marks Presence as Future Buyer

Rupee Steadies at 49.21 to the Dollar

European Insurers Say “No” to Iran Trade, Warnings to Finish Contracts before 1 July

Kyrgyzstan Applies for Customs Union with Russia to Create “Common Economic Space”

SWIFT is Against Iran Terrorist Financing but Claims Limitations on Account of Multilateral Legal Framework

Oil Trades Near Nine-Month High on Iran Tension

Danube Freezes Hampering Trade

Food Shortages in Yemen

Too much Rice in the World Market, India to Pump in 6.5mn tonnes, Price Crash Soon

Euro Rises with Greek Bailout News

Gold Imports in 2012 Estimated at 900 tonnes

Value Added Measures – iPhones are Made in Japan and Korea, China does the Final Assembly only

Rupee Gains by 13 paise against Dollar

Rangarajan Forecast 8% Growth in 2012, Rupee to be Stable with Managed Current Account Deficit at 3% of GDP, Gold Import to Fall, Crude may go up 10%

Rupee Falls by 16 paise against Dollar

Pranab Mukherjee Confers Presidential Awards to Customs and Excise Officers

India in Consultation with Turkey at WTO on Turkish Action of Extending Safeguard Duty on Cotton Yarn

Vietnam Brings its Second WTO Complaint against US on Frozen Warm-Water Shrimp

Rupee Steadies at 49.24 to the Dollar

India Supports BRICS Bank

Rupee Gains by 18 paise against Dollar

Rupee Steadies at 49.04 to the Dollar

Rupee Falls by 10 paise against Dollar

Rupee Gains by 79 paise against Dollar

Crude and Refined Oil Imports Up by 68.1% and 64.4%

Five Sectors with 27 Sub Sectors under Infrastructure Definition Listed with Sub Sectors

CBEC Invites Feedback from Taxpayers and Trade Associations on Rising Litigation with Taxpayers

All Eyes on FIEO Delegation of 30 Leaving for Iran on 10 March, FIEO Says UCO Escrow Account to Guarantee Payment

EU Wants “Polluting” Label for Oil from Sand Deposits, WTO Dispute Brewing?

Boeing may Win WTO Case Against $18bn Airbus Subsidies

Philippines Asks for Rice QRs at WTO, US wants Access to Pork Market in Return for Ok on QR

US Mulls MFN Status to Russia

EUROFER Asks for Anti Subsidy Probe on Chinese Steel Following Dumping Plaint

US-Korea FTA to take Effect in March

Rupee Falls by 44 paise against Dollar

Textiles Ministry Justifies Cotton Export Ban, Says Stocks Low even as Low Prices Force Cotton Corporation to Buy in Quiet Market

US Takes India to WTO over NTB on Poultry

Crude Rises but Gas Falls, World Sugar on the Rise, Rice Falls

Rupee Falls by 54 paise against Dollar

ADG Chennai of DRI Arrested by CBI for Accepting Rs. 8 Lakhs Bribe from Burmese National

Customs Budget- One Step Forward in Reform but Duty hikes in CVD with High Exchange Rates Raises Cost Further

India Said to Plan Using Foreign Currency for Iran Oil Deals as Rupee Falls

BRICS Ministers Demand more from Doha

US-China Solar Panel Conflict Reaches Next Stage

BRICS Nations Sign Pact for Local Currency Facility

BRICS Delhi Declaration

Avoid Disruptions to Trade, Manmohan Tells BRICS Summit

Pakistan Implements ‘Negative List’ for India Trade

Colombia Joins WTO’s Information Technology Agreement

FIEO Asks for Liberalisation of Forex Forward Covers on Export Contracts

Rupee Falls by 48 paise against Dollar

Ajit Singh Asks Airlines to Boycott EU Aviation Emission Rule

EU to Stop Non EU Countries from Govt Contracts Bids

Indonesia Closes Jakarta Port to Horticulture Imports

US Suspends Argentina from GSP on $298.4mn Investment Compensation Failure

US Appeals Origin Labelling at WTO

Canada, Japan to Begin Trade Talks

Obama Clears Way for Sanctions on Banks in Iran Oil Trade

Dollar Export Up by 4.28% in Feb 2012, 20.65% Gain in Import

Union Finance Minister, Pranab Mukherjee and the World Bank Group President Hold Talks

WTO Debates Low Yuan, High Real

US Leads 11 Nation Charge on Argentina Import Controls at WTO, Mercosur Abstrains

EU, Vietnam to Launch FTA Talks after All ASEAN Stalls Move

Crude Rises but Coal, Gas and World Sugar Falls, Palm Oil Up

M. K. Gupta Retired IRS Officer to Head for Common Excise and Service Tax Code Study Team

New 2012 Edition of Consolidated FDI Policy Released

World Bank Cuts China 2012 Export Growth to 8.2%

CBEC on Tax Evasion Check Spree

All Govt. Payments above Rs. 25K Directly in Bank Account from 1 April

Chidambaram Inaugurates Integrated Check Post (ICP) at Attari

Anand Sharma Inaugurates Lifestyle Pakistan 2012

Permission for Export of 19 Lakh Bales of Cotton

India to Challenge Visa Fees at WTO

China Announces Anti-dumping Review Investigation on Nonyl Phenol from India and Taiwan

China Terminates Anti-dumping Measures against Bisphenol A from Japan, Korea, Singapore and Taiwan

China Starts Anti-dumping Investigation on TDI from EU

Anti-dumping Investigation by China against Resorcinol from Japan and US

Beijing Launches Rare Earth Group to Consolidate Industry

Lamy Names Panel to Identify 21st Century Trade Challenges

Brazilian President Cites Currency Concerns in White House Visit

France Wavers on EU Aviation Emissions Rule

US Requests Panel to Review EU Compliance in Airbus Case

Concor Declared Custodian of Nanepada Mulund Concor Warehouse for Export Goods

India-Pak Commerce Ministers in Pow wow at Delhi

India Tops Export Growth in World Trade 2011

Apple, Samsung Ordered Into Patent Settlement Conference

India Challenges US on Steel Duties

Jim Yong Kim Named New World Bank Chief

India Environment Minister Links EU Aviation Emissions Rule to UN Climate Talks

Department of IT (DIT) Renamed Department of Electronics & IT (DeitY)

Members of Global System of Trade Preferences Reaffirm their Strong Commitment to South-South Trade Cooperation

Innovation, Technology Hold Key to Resolving Major Challenges Facing Humanity, UNCTAD Secretary-General Says at Landmark Event

Panellists Stress need for ‘Determined Structural Change’ to Spark Inclusive Development in Agriculture-Dependent Countries

UNCTAD Meet Adopts “Doha Manar” Calling for Development through Trade

High-level Panel Discusses how International Trading System can Spur Inclusive Development

UNCTAD’S Message to Rio+20 Summit: Trade Critical for Sustainability

UNCTAD XIII Concludes with Mandate Affirming Organization’s Core Activities, Declaration of Member States’ Solidarity in Quest for “a Prosperous World”

World News

March 12 Dollar Export Fall by 5.7

Three Ombudsmen Appointed for Customs, Excise and Service Tax Issues

Crude, Coal, Gas and Sugar Fall; Urea Up

India Set to Pass Thailand, Rival Vietnam as Top Rice Exporter

US Puts India, China, Pak on IPR ‘Priority Watch List’

Bayer Challenges India Compulsory License Ruling

EU, US Ink Mutual Recognition Customs Deal

Consensus Proves Difficult as Rio+20 Conference Approaches

Pakistan Implements ‘Negative List’ for India Trade

Dollar at 54.8845 at 12 Noon

India Plays Catch-Up on Myanmar as China, S. Korea Rush In

FIEO Claims Rupee Depreciation Marginal for Export Growth, Outlook for Rupee Stable

Dollar at 55.7253 at 12 Noon

DGFT Clarifies that Areca Nut Restriction is to Limit Zero Duty Advance Authorisation Imports to Actual Users