Search Result for : Directorate General Of Commercial Intelligence And

The Dollar Business Bureau The exports of non-industrial diamonds have fetched a revenue of more than $16.5 billion till January this financial year. Non-industrial diamonds have become the leading exported commodity in FY 2015-16 while petroleum and crude oil is the top most imported commodity with imports worth $57.67 billion during this period. Union Ministry of Commerce and Industry has revealed this information on Tuesday during the launch of a dashboard on EXIM Analytics. This portal has been developed by the Directorate General of Commercial Intelligence and Statistics (DGCIS). According to a ministry official, initially the portal would have trade data for five years. The portal shows the declining trend of cumulative merchandise exports from the country. Indian merchandise exports touched a five-year ...

Source: PTI Concerned over declining exports, the government will soon set up a Trade Facilitation Council comprising members of Centre and states to promote India's overseas shipments. The council will be chaired by Commerce and Industry Minister Nirmala Sitharaman and secretaries of key ministries and state ministers will be the members. The main objective of the council will be facilitating trade from states in a bid to boost the country's exports. "The real work happens in states. We are setting up this council. We will also ask and encourage them to formulate their own State Trade Policy," an official said. To discuss the issue, Commerce Secretary Rita Teaotia will hold meetings with officials from the states tomorrow. The other issues which ...