News for 'Directorate General of Foreign Trade'

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Sugar Export Ban Sparks Industry Outcry, Farmer Worries

Rediff.com15 May 2026

The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

Rediff.com29 Mar 2026

The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.

'Market Has Become Excessively Bearish On India'

'Market Has Become Excessively Bearish On India'

Rediff.com11 Jun 2026

'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

Centre launches Rs 4,531 cr mkt access support scheme

Centre launches Rs 4,531 cr mkt access support scheme

Rediff.com1 Jan 2026

The government on Wednesday launched Rs 4,531 crore market access support (MAS) intervention scheme for a six-year period (FY26-31) to improve global reach, visibility and competitiveness of Indian exporters through 'structured and outcome-oriented' interventions.

Why Rishabh Pant was stripped of Lucknow Super Giants captaincy...

Why Rishabh Pant was stripped of Lucknow Super Giants captaincy...

Rediff.com29 May 2026

Rishabh Pant has been relieved of his captaincy duties with the Lucknow Super Giants after a disappointing 2026 IPL season. The decision comes after the team finished last and amidst reports of a disconnect between Pant and the team management.

Rupee trades near record lows against USD

Rupee trades near record lows against USD

Rediff.com2 Sep 2025

Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.

After Modi-Xi meet, India-China Beijing talks record steady progress

After Modi-Xi meet, India-China Beijing talks record steady progress

Rediff.com13 Dec 2025

Senior officials from India and China's foreign ministries met in Beijing to discuss bilateral ties following a meeting between Prime Minister Modi and President Xi.

How LeT Terrorist Set Up India Network, Evading Detection

How LeT Terrorist Set Up India Network, Evading Detection

Rediff.com20 Apr 2026

Lashkar-e-Taiba (LeT) terrorist Abdullah, alias Abu Hureira, who was tasked with establishing bases outside Jammu and Kashmir, adopted various professions, including share trading, to blend in with the local population. He was recently arrested along with other members of his network.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Gautam Singhania-backed SCCG seeks licence to restore foreign cars

Gautam Singhania-backed SCCG seeks licence to restore foreign cars

Rediff.com13 Jan 2025

Car restoration service provider Super Car Club Garage (SCCG), backed by Raymond chairman and managing director Gautam Singhania, has sought the Centre's green light for a licence to import foreign vehicles for restoration and subsequent re-export.

Modi won't bow down to foreign pressure: Putin on US tariffs

Modi won't bow down to foreign pressure: Putin on US tariffs

Rediff.com3 Oct 2025

Russian President Vladimir Putin announced his upcoming visit to India in December and expressed his intention to address the trade imbalance between the two countries, particularly concerning India's crude oil imports from Russia. He also lauded India's independent stance on international issues and highlighted the strong relationship between the two nations.

India bans imports, Pak ships entry; suspends postal services

India bans imports, Pak ships entry; suspends postal services

Rediff.com3 May 2025

Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts (USD 0.08 million), certain oil seeds and medicinal plants (USD 0.26 million), and organic chemicals.

India-China trade: Deficit widens to $99.2 bn

India-China trade: Deficit widens to $99.2 bn

Rediff.com30 Aug 2025

The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian goods in the Chinese market.

'Contact with Iran difficult': Jaishankar outlines India's position on Middle East war

'Contact with Iran difficult': Jaishankar outlines India's position on Middle East war

Rediff.com9 Mar 2026

External Affairs Minister S Jaishankar addressed the Rajya Sabha on India's position regarding the escalating conflict in West Asia, emphasising the need for peace, dialogue, and the safety of civilians, while also prioritising India's energy security and trade interests.

'Trade deal with US could boost Indian stock market'

'Trade deal with US could boost Indian stock market'

Rediff.com13 Nov 2025

'Trade deal will act as a strong trigger for market sentiment, not just for domestic investors but also for FIIs.'

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Rediff.com16 Feb 2026

Prime Minister Narendra Modi is scheduled to visit Israel for two days to discuss bilateral and regional issues, marking his second visit to the Jewish state and highlighting the growing strategic partnership between India and Israel.

Cong asks PM to clarify on Chinese mediation claims

Cong asks PM to clarify on Chinese mediation claims

Rediff.com31 Dec 2025

The Congress on Wednesday termed Chinese claims of mediation between India and Pakistan concerning and said the people of India need clarity on the issue.

Govt extends duty-free imports of urad till Mar 2026

Govt extends duty-free imports of urad till Mar 2026

Rediff.com11 Mar 2025

India has extended duty-free imports of urad for another year until March 31, 2026, according to a government notification. The provision was earlier in place until the end of March this year.

GIFT City Raises A Glass to Global Business

GIFT City Raises A Glass to Global Business

Rediff.com24 Dec 2025

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com12 Mar 2026

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Yunus rakes up India's 'Seven Sisters' in farewell speech

Yunus rakes up India's 'Seven Sisters' in farewell speech

Rediff.com17 Feb 2026

Relations with India experienced a downturn during Yunus's tenure, while ties with Pakistan saw positive developments.

Pak-Afghan forces exchange fire amid peace talks

Pak-Afghan forces exchange fire amid peace talks

Rediff.com7 Nov 2025

Pakistani and Afghan forces exchanged fire, testing the fragile peace between the two sides as officials from both countries held talks in Turkiye to find a lasting solution to cross-border militancy.

Gulf War: 'Missiles Flew Past Us'

Gulf War: 'Missiles Flew Past Us'

Rediff.com23 Mar 2026

'We are getting used to the constant alerts to take shelter, listening to sonic booms from jets flying above us, hearing news of neighbouring ports being targeted, and being the only ship in the terminal.'

Adanis win US court hearing in case to throw out SEC fraud suit

Adanis win US court hearing in case to throw out SEC fraud suit

Rediff.com8 Apr 2026

A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.

High tariffs, foreign fund outflows drag Sensex by 272 points

High tariffs, foreign fund outflows drag Sensex by 272 points

Rediff.com29 Aug 2025

Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.

Investors Should Consider Buying If Markets Correct Further

Investors Should Consider Buying If Markets Correct Further

Rediff.com10 Mar 2026

A fall in the Nifty 50 to around 19,000 is not impossible, but that would likely require nuclear options to be exercised.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

China claims it mediated India-Pakistan tensions in May

China claims it mediated India-Pakistan tensions in May

Rediff.com30 Dec 2025

Chinese Foreign Minister Wang Yi stated that China mediated tensions between India and Pakistan, a claim disputed by India which maintains that the matter was resolved bilaterally.

Pakistan presses Taliban in Istanbul talks over cross-border terror

Pakistan presses Taliban in Istanbul talks over cross-border terror

Rediff.com7 Nov 2025

Pakistan has handed over evidence-based demands to mediators in Istanbul talks with the Afghan Taliban, aiming to end cross-border terrorism. The talks follow recent border clashes and aim to defuse tensions between the two sides.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Paranoid India Inc wants early conclusion of trade pact with US

Paranoid India Inc wants early conclusion of trade pact with US

Rediff.com26 Mar 2025

The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.

SC's Tiger Global ruling unlikely to spook FPIs

SC's Tiger Global ruling unlikely to spook FPIs

Rediff.com20 Jan 2026

The Supreme Court's verdict directing Tiger Global to pay capital gains tax on its 2018 sale of Flipkart shares is unlikely to accelerate the selloff by foreign portfolio investors (FPIs). However, legal and tax experts say the ruling sharpens scrutiny around treaty benefits and could influence how offshore investors structure future India bets.

Settling trade in rupee: FTP tweaks may allow traders export benefits

Settling trade in rupee: FTP tweaks may allow traders export benefits

Rediff.com15 Jul 2022

The Union government will soon make amendments to the foreign trade policy (FTP) to enable exporters to claim export benefits for settling trade in rupees. These benefits are, so far, available for export payments received in foreign currencies. After the Reserve Bank of India (RBI) unveiled a mechanism to settle international trade transactions in the local currency on Monday, exporters have been demanding that the Ministry of Commerce and Industry come up with a clarification on the matter.

Don't Expect Too Much From Islamabad Summit

Don't Expect Too Much From Islamabad Summit

Rediff.com10 Apr 2026

The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Cyclone Ditwah wreaks havoc in Sri Lanka, 80 killed; India provides relief

Rediff.com28 Nov 2025

Sri Lanka is facing a severe crisis after Cyclone Ditwah caused widespread flooding and landslides, resulting in numerous deaths and displacement. India has launched 'Operation Sagar Bandhu' to provide relief. The situation is expected to remain critical with rising river levels and continued rainfall.

Trump expresses 'keen interest' in trade pact with Pak, hails army chief

Trump expresses 'keen interest' in trade pact with Pak, hails army chief

Rediff.com19 Jun 2025

In a statement after a meeting between Trump and Pakistan Army chief Asim Munir at the White House on Wednesday, the Inter-Services Public Relations -- the media wing of the Pakistan Army -- said they also discussed joint counterterrorism efforts.

Maritime incidents involving India and its seafarers rose 22% in 2024

Maritime incidents involving India and its seafarers rose 22% in 2024

Rediff.com23 Jul 2025

Incidents in the maritime sector involving Indian seafarers, and foreign vessels in Indian waters rose by 21.6 per cent in 2024 to 186, highlighting the need to strengthen safety frameworks.

India calls for ceasefire, hostage release; hails Gaza peace plan

India calls for ceasefire, hostage release; hails Gaza peace plan

Rediff.com4 Dec 2025

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.