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Existing foreign trade policy to be extended till March '22: Goyal

Commerce and Industry Minister Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended for six months till March 31 next year. Illustration: Uttam Ghosh/Rediff.com The......

RBI tightens gold import norms

Seeking to restrict gold imports, the Reserve Bank on Friday said nominated banks and agencies will not be allowed to import the precious metal in excess of their entitlements in first or......

Exports under duty exemption to be monitored

The Central Board of Excise and Customs has put in place a comprehensive mechanism for verification and monitoring of exports made under various duty exemption or reward schemes. The Foreign Trade......

Proposed Customs law changes important

The Finance Bill proposes some changes in the Customs laws, two of which are noteworthy. One relates to refund of duty on imported goods found to be defective and the other relates to retrospective......

Will Kamal Nath's package bail out exporters?

With the rupee expected to continue to appreciate, sops cannot be given endlessly, and exporters will have to learn to hedge their exposures. Ganesh K Gupta, president, FIEO Those exporting......

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