Govt relaxes norms for diesel import through old ships

Last Updated: Friday, May 22, 2015, 23:51

The government has relaxed norms for import of high-speed diesel and light diesel oil through old ships and vessels that are coming to India for the purpose of breaking.

India may fall way short of 2014-15 exports target

Last Updated: Friday, April 10, 2015, 16:29

India is likely to miss the exports target of USD 340 billion set for 2014-15, falling short of the mark by almost 8 percent at around USD 314 billion, a top official said.

Branded edible oil export support price reduced to USD 900/tonne

Last Updated: Friday, February 6, 2015, 16:43

The government on Friday further reduced the minimum export price (MEP) of edible oil in branded consumer packs of up to five kg to USD 900 per tonne, a move which would help in boosting outward shipments of the commodity.

DGFT slaps Rs 100 crore fine on Riddhi Siddhi Bullion

Last Updated: Wednesday, January 14, 2015, 19:06

The Directorate General of Foreign Trade (DGFT) has imposed a penalty of Rs 100 crore on Riddhi Siddhi Bullion and also cancelled its nominated agency certificate (NAC) for violation of RBI norms.

Govt sharply cuts onion MEP to $350 a tonne

Last Updated: Thursday, December 19, 2013, 19:51

The government on Thursday steeply cut the minimum export price of onion to USD 350 a tonne from USD 800 per tonne.

Govt reduces MEP on branded edible oil to $1400 per tonne

Last Updated: Wednesday, October 9, 2013, 19:17

The government on Wednesday reduced the minimum export price (MEP) on edible oil in branded consumer packs of up to five kg to USD 1,400 per tonne, a move which will help in boosting shipment of the commodity.

Anup Pujari gets six months extension as DGFT

Last Updated: Wednesday, September 25, 2013, 16:10

Pujari, a 1980-batch IAS officer of Karnataka cadre, has been working as DGFT since September 30, 2010.

Govt relaxes norms for export of imported goods

Last Updated: Friday, June 7, 2013, 15:15

To encourage shipments, the government has allowed export of imported goods with 15 percent value addition to countries from where the proceeds are realised in Indian rupee.

`No sanction to try govt servants could encourage corruption`

Last Updated: Wednesday, March 13, 2013, 21:59

Using lack of sanction as a reason for not prosecuting government servants in a case where there is clear abuse of the official position by them will amount to "encouraging corruption", a Delhi court has said.

DGFT moots Re export realisation from hard currency nations

Last Updated: Thursday, February 7, 2013, 16:48

Directorate General of Foreign Trade (DGFT) is in favour of export realisation in rupee from countries whose currencies are stable and widely accepted.

Cairn India approaches DGFT to export Rajasthan crude

Last Updated: Wednesday, March 21, 2012, 16:04

Cairn India has approached DGFT seeking permission to sell its Rajasthan crude oil to Reliance Industries' SEZ refinery at Jamnagar in Gujarat without going through state canalising agency, IOC.

Cotton export ban not to affect orders issued till Mar 4: DGFT

Last Updated: Friday, March 9, 2012, 13:36

The Commerce Ministry on Friday issued a clarification on the cotton export ban, stating that the consignments for which export orders have been issued till March 4 would not be affected by the move.