Trade in many developing countries projected to ‘nosedive’, warns UNCTAD

New York/IBNS: Trade in many developing countries is expected to take a “nosedive” in the second quarter of 2020, owing to the unprecedented effects of the coronavirus pandemic, UN economists said on Tuesday.

DGFT amends restriction on export of alcohol based hand sanitizer

New Delhi/IBNS: India's Directorate General of Foreign Trade (DGFT) has amended the restriction on export of alcohol based hand sanitizer vide a notification issued on June 1, according to the department.

Indian exports and imports nosedive in March

New Delhi/ IBNS: Indian exports and imports declined by record volumes in March, as countries across the world sealed their borders to fight the COVID-19 outbreak.

India's export to retain healthy growth despite world protectionism: Suresh Prabhu

New Delhi, July 25 (IBNS): Despite increasing global protectionism, India’s export will continue to register healthy growth rates and is expected to touch USD 350 billion in the current fiscal,  Union Minister of Commerce and Industry Suresh Prabhu said in New Delhi on Wednesday.

Exporters must understand changing trends in global trades: Suresh Prabhu

Kolkata, July 7 (IBNS): Setting a guideline for the industrialists, Commerce and Industry Minister Suresh Prabhu on Saturday said the exporters must understand the changing trends in global trades.