India opens dumping probe on Malaysia, Vietnam, Thai copper tube, pipe imports

India opens dumping probe on Malaysia, Vietnam, Thai copper tube, pipe imports

NEW DELHI: India is investigating imports of copper tubes and pipes from Malaysia, Vietnam and Thailand, to determine whether producers in these countries were receiving unfair subsidies, the government said. The investigation by India’s Directorate General of Trade Remedies, the investigative arm of the commerce ministry, could result in these imports facing countervailing duties, said … Read more

Blocking of online system for tax incentives under MEIS to hit aluminium exports: AAI

Blocking of online system for tax incentives under MEIS to hit aluminium exports: AAI

New Delhi: Blocking of the online system for exporters to apply for tax incentives under the export incentive scheme MEIS has created an “extremely precarious situation” for aluminium exports, the Aluminium Association of India (AAI) said on Wednesday. The move will further render exports vulnerable and uncompetitive, the industry body added. The commerce ministry has … Read more

Indian spices’ exports up by 23 percent to USD 359 million in June, says Assocham

Indian spices’ exports up by 23 percent to USD 359 million in June, says Assocham

NEW DELHI: India’s spices exports rose by 23 per cent to USD 359 million (around Rs 2,690 crore) in June 2020 from USD 292 million (Rs 2,190 crore) in the same month last year, Assocham said on Sunday. A dipstick study by the chamber also noticed how the rising demand for spices in the domestic … Read more

Exporters tap rail route to send over 9,000 tonnes of spices to Bangladesh amid lockdown

Exporters tap rail route to send over 9,000 tonnes of spices to Bangladesh amid lockdown

More than 9,000 tonnes of spices such as chilli, turmeric and cumin were exported to Bangladesh by rail route for the first time as coronavirus-related lockdown disrupted road transport, an official said. In the past one month, over 5,000 tonnes turmeric, 4,300 tonnes chilli, and 100 tonnes cumin have been exported by rail to Bangladesh … Read more