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Union Bank of India sets up mechanism for India-Malaysia trade in INR

Uniindia: New Delhi, Apr 1 (UNI) Public sector Union Bank of India has operationalised the mechanism to allow Indian and Malaysian traders to invoice and settle the trade in Indian Rupee (INR). ....

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In $2 Trillion Export Push, India Unveils Foreign Trade Policy 2023

The government today came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country's exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime ....

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India's Foreign Trade Policy 2023 eyes $2 trillion exports by 2030

The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost the country s exports to $2 trillion by 2030 by shifting from incentives to remission and entitlement based regime.

Unlike the practice of announcing 5-year FTP, the latest policy has no end date and will be updated as and when needed, said Director General of Foreign Trade (DGFT) Santosh Sarangi while briefing media about FTP 2023.

Earlier, Commerce and Industry Minister Piyush Goyal unveiled FTP 2023 which will come into effect from April 1, 2023. ....

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India unveils Foreign Trade Policy 2023, eyes $2 trillion exports by 2030

India unveils Foreign Trade Policy 2023, eyes $2 trillion exports by 2030
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