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- May 21st, 2024
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[ad_1] Active participation of exporters and widespread overseas demand has lifted orthodox tea prices at Kochi auction. The average price realization in sale 20 was up by ₹5 at ₹177 compared to ₹172 in the previous week. Exporters to CIS...
[ad_1] The Government has recovered about â¹852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation by the holders of advance and EPCG authorisations, an official said.âThe figures are likely to increase further as...
[ad_1] In response to recent bans imposed by Singapore and Hong Kong on specific spice exports due to the presence of ethylene oxide, the All India Spices Exporters Forum (AISEF) has stepped forward to address concerns regarding food safety and...
[ad_1] The Spices Board has come up with detailed guidelines for exporters on preventing Ethylene Oxide (ETO) contamination in spices after Singapore and Hong Kong recalled some packaged spice products exported from India while the US and Australia are also...
[ad_1] Japan's yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention.Support for the currency follows a years-long slide that even Japan's first interest rate hike since 2007 and broad optimism about...
[ad_1] Concern over a possible Iran-Israel standoff has prompted many tea exporters focusing on Kochi auctions to fulfil their export commitments at the earliest. Exporters fear that the impasse between the two countries may culminate into a full-fledged war any...
[ad_1] The Commerce Ministry is likely to seek further extension of the interest equalisation scheme on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments, an official has said.Also read:100-day plan: Commerce Department...
[ad_1] As Robusta prices continue to inch upwards tracking global price trends, availability of coffee is turning out to be an issue in India with growers holding back their produce while exporters struggle to meet their commitments. Also read:Indian coffee...
[ad_1] Exporters seeking to avail duty concessions on shipments to the UK will have to adhere to the new British rules under the Developing Countries Trading Scheme (DCTS).Also read: DGFT partners with DHL for training MSMEs in e-commerce In a...
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