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COVID-19 fallout: India extends Foreign Trade Policy for 6 months

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India to streamline traditional medicine exports

India to streamline traditional medicine exports March 15, 2021 India is to set up an export promotion council to internationally streamline the market for its traditional medicines. The council will be jointly initiated by India’s Ministry of Commerce and Industry and the Ministry of AYUSH, which is an acronym for different types of traditional medicines. Courtesy photo NEW DELHI India is to set up an export promotion council to internationally streamline the market for its traditional medicines. The council will be jointly initiated by India’s Ministry of Commerce and Industry and the Ministry of AYUSH, which is an acronym for different types of traditional medicines.

Exclusive: India merchants almost halt exports to Iran as its rupee reserves fall

FILE PHOTO: Labourers lift a sack filled with sugar to load it onto a handcart at a wholesale market in Kolkata, India, February 1, 2018. REUTERS/Rupak De Chowdhuri/File Photo Exclusive: India merchants almost halt exports to Iran as its rupee reserves fall - officials India Top News Parisa Hafezi MUMBAI/ DUBAI (Reuters) - Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as rice, sugar and tea, due to caution about Tehran’s dwindling rupee reserves with Indian banks, six industry officials told Reuters. “Exporters are avoiding dealing with Iran since payments are getting delayed for months,” said a Mumbai-based dealer with a global trading house.

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