Exports

India has the potential to become data refinery center for the world, said Minister for Information Technology Ravi Shankar Prasad at the 'Invest Digicom 2019 - Propelling Digital Communications in India: Role of FDI'.

India and China had in-depth exchange of views on macroeconomic situation and policy, cooperation in multilateral framework, bilateral investment and financial cooperation on 25 Sept 2019.

The Government is undertaking measures to ramp up the domestic coal production from the current level of 730 MT to 1149 MT by 2023 thereby eliminating the coal import except for the limited un-substitutable import.

India received net foreign direct investment of US$18.3 billion in April-July 2019, higher than US$11.4 billion in the corresponding period of 2018-19, the Reserve Bank of India’s Governor Shaktikanta Das said.

GST Council took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications on connected issues.

The latest tax rate cut will be a major boost to the animal spirits of corporate India and will reinvigorate the manufacturing sector which has been going through a difficult phase of late.

An increasing number of companies are interested in establishing and gaining access to respective markets in India, Belgium and Luxembourg as well as signing of MoUs among the three countries for cooperation in multiple fields of mutual interest.

The Common Digital Platform for Issuance of electronic Certificates of Origin (CoO) will be a single access point for all exporters, for all FTAs/PTAs and for all agencies concerned.

The Indian Ambassador to Indonesia, Pradeep Kumar Rawat, has urged Indian and Indonesia companies to explore means to diversify trade basket through focused items such as bovine meat, sugar and rice.

Commerce and Industry Minister Piyush Goyal given details of the Export Credit Insurance Scheme (ECIS) in New Delhi on 16 September 2019, following up with the scheme announced by the Finance Minister, Nirmala Sitharaman, as part of measures to boost...