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    India’s service excellence to be showcased in GES 2019
    Finance Minister presides over Passing Out Ceremony of the 69th Batch of IRS(C&CE) Officers
    DIN System of CBIC to come into force from tomorrow
    India exploring trade agreements with USA & E U; FTAs with Japan, Korea & ASEAN being reviewed; No trade agreements in a hurry says Piyush Goyal
    Build brand India for services sector: Piyush Goyal
    Finance Minister Launches two new IT Initiatives -ICEDASH & ATITHI for improved monitoring and pace of Customs clearance of imported goods and facilit...
    Commerce & Industry Minister to launch curtain raiser of GES 2019
    India’s Stategic and Economic Interests will be Protected in Multilateral Engagements: Piyush Goyal
    India to Enter FTAs on its Own Terms; No FTA will be Signed in a Hurry- Piyush Goyal
    India’s marine exports to China heading for USD 1 billion mark
    CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India
    Piyush Goyal Invites Swedish Business Community to Partner with Indian Industries
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    India’s Foreign Trade: September 2019
    Farmers be Made Stakeholders in The Coffee Value Chain: Piyush Goyal
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    Fourth Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India
    Exchange Rates Notification No.72/2019
    APEDA holds International Conference-Cum-Buyer seller meet in Agartala
    5 Afghan passengers held at IGI Airport; 370 ingested capsules of heroin of high purity worth ₹ 15 crores recovered
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November 11, 2019
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Service export incentives drive GES showcase, linking SEIS Duty Credit Scrips and liberalised e visa measures to grow services trade.
India will use the Global Exhibition on Services to promote trade and investment in 12 champion services sectors through B2B, B2G and B2C engagements, targeted initiatives such as an international eSports Nations Cup and a moot court on intellectual property, and supporting measures including liberalised e visa categories and incentives under the Service Exports from India Scheme via transferable Duty Credit Scrips with a zero GST rate on their sale.
November 8, 2019
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Customs enforcement and trade facilitation: new IRS(C&CE) officers to administer GST while balancing enforcement, adjudication and revenue integrity.
Graduating IRS (Customs & Central Excise) officers are tasked with administering GST and Customs functions, enforcing laws at borders, protecting economic frontiers, and balancing law enforcement with trade facilitation; they must adjudicate indirect tax matters conscientiously and collect revenue with integrity.
November 7, 2019
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Documentation Identification Number requirement ensures communications without DIN are invalid, verifiable online and must be regularised promptly.
The administration requires a Documentation Identification Number (DIN) for specified indirect tax communications, rendering communications without a computer generated DIN invalid and verifiable via an online portal. Initially applicable to search authorisations, summons, arrest memos, inspection notices and enquiry letters, the DIN system must be used except in prescribed exceptional circumstances. Manual communications issued without DIN must state the reason, obtain competent authority approval within the prescribed period, and be regularised on the electronic system within fifteen working days.
November 6, 2019
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India first trade policy: no rushed FTAs, prioritising domestic protection and reciprocal market access.
India will adopt an India first trade policy, refusing to finalise free trade agreements in haste and prioritising protection for farmers, dairy, MSMEs and domestic manufacturing. Negotiations will aim to control the trade deficit, strengthen protection against unfair imports, prevent market dumping and secure reciprocal market openings. Reviews of FTAs with Japan, South Korea and ASEAN are underway or fast-tracked, with a Joint Working Group addressing Japan issues, while India explores agreements with the United States and the European Union subject to competitiveness criteria.
November 5, 2019
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Services sector branding to spur policy support and state partnerships for champion sectors' expansion and export promotion.
The Commerce and Industry Ministry will develop a brand India for the services sector and, in partnership with States and industry bodies, formulate policies to enable growth of designated champion services sectors. Targeted support aims to increase investment, entrepreneurship, export earnings and employment across prioritized areas including tourism, health care, education, legal services, financial and accounting services, IT and ITeS, with promotional platforms like GES 2019 and highlighted segments such as e-sports to showcase and build sector ecosystems.
November 4, 2019
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Customs electronic declarations allow travelers to pre-file baggage and currency, speeding airport clearance via a mobile app.
ICEDASH is an Ease of Doing Business monitoring dashboard publishing daily Customs clearance times for import cargo across ports and airports, developed in collaboration with the national IT agency and accessible via the department website. ATITHI is a mobile application enabling international travelers to file declarations of dutiable items and currency in advance on iOS and Android, aimed at reducing in person interface and accelerating Customs clearance at airports.
November 4, 2019
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Trade in services promotion drives GES curtain-raiser to showcase champion service sectors and facilitate global partnerships and knowledge sessions.
The Government will inaugurate a curtain-raiser for the fifth Global Exhibition on Services to preview the three-day programme, mobilise foreign missions, ministries, states and industry, and promote twelve designated Champion Services Sectors. GES aims to enhance services sector competitiveness through focused action plans, sectoral reports and facilitation of B2B, B2G and G2G partnerships, with knowledge sessions, state pavilions, overseas delegations, studio talks and cultural programming organised by the Department of Commerce with sector partners.
October 31, 2019
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Protect strategic and economic interests in multilateral trade talks, with agreements to follow only after extensive consultations.
The Commerce and Industry Minister stated the Government will protect strategic and economic interests in multilateral negotiations and will not sign trade agreements without extensive stakeholder consultations, noting broad consultations for RCEP; the HLAG report recommends measures to boost India's share in global merchandise and services trade, manage bilateral trade relations, and enhance investment attractiveness across manufacturing and services.
October 31, 2019
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Free Trade Agreement strategy: India will negotiate on its own terms, prioritising safeguards for domestic industry and jobs.
India will approach Free Trade Agreements cautiously, declining to sign FTAs in haste and requiring reciprocal benefits and safeguards to protect domestic manufacturing, services and employment. Parallel measures include Invest India's dedicated desk for North East investment facilitation, free legal assistance to MSMEs from the Directorate General of Trade Remedies, promotion of regulatory stability, encouragement of labour law reform at the state level, and a five-year Make in India roadmap focused on ease of doing business and job creation.
October 30, 2019
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Trade promotion boosts marine exports to China, targeting major growth through buyer seller events and bilateral contracts.
India's marine exports to China expanded rapidly in 2019, approaching the billion dollar mark through coordinated promotional activity, buyer-seller meetings at a Qingdao seafood expo, and a bilateral import contract securing multi year supply commitments. Export promotion bodies, diplomatic missions and industry associations led the campaign, highlighting product quality measures, market access efforts and institutional support while setting ambitious export targets and pursuing sustained engagement with Chinese importers.
October 30, 2019
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Corporate Social Responsibility framed as trusteeship philosophy, encouraging strategic CSR for inclusive growth and sustainable impact.
National Corporate Social Responsibility Awards, instituted by the Ministry of Corporate Affairs, recognise corporate initiatives aimed at achieving inclusive growth and sustainable development across three categories: excellence in CSR, CSR in challenging circumstances, and contribution to national priority areas. The awards assess strategic CSR approaches addressing disadvantaged groups, difficult terrains and national priority sectors, using a three-stage selection process-shortlisting, detailed submissions and field verification-supported technically and logistically by the Indian Institute of Corporate Affairs.
October 24, 2019
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Investment facilitation: proposed Swedish Investment Enclave to boost bilateral industrial cooperation and startup collaboration between India and Sweden.
India invited the Swedish business community to deepen engagement under the JCEC framework using the Joint Action Plan, Innovation Partnership and an MoU to advance cooperation in innovation, energy, healthcare and infrastructure. New collaboration areas include electromobility, road safety, space research and traditional medicine. A proposed Investment Enclave with plug and play infrastructure and strengthened start up cooperation were promoted, with continued reliance on an Investment Facilitation Mechanism administered by DPIIT and Invest India to resolve investor issues and implement the JCEC roadmap.
October 23, 2019
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Bilateral trade and investment: Sweden invited to scale technology partnerships to expand market access and deepen cooperation.
The visit advanced BTIA-related commercial engagement by promoting market access and partnerships, presenting India's infrastructure and social development plans as demand drivers for Swedish technology and investment, and emphasising India's open FDI policy to facilitate Swedish firms. Sectoral dialogues focused on technology transfer and railway modernisation, including ERTMS and private-sector signalling and traffic management solutions, with invitations for cost competitive, scalable proposals. Both sides reaffirmed principles of openness and facilitation of cross border trade and targeted increased bilateral trade within the proposed timeframe.
October 16, 2019
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Overall trade deficit narrows as services surplus partly offsets weaker merchandise exports and lower import bills.
Merchandise exports for September and April-September 2019-20 declined year-on-year in dollar and rupee terms while merchandise imports, including oil and non-oil components, fell more sharply; services receipts rose in the latest available month, producing a net services surplus. The combined provisional merchandise-plus-services trade deficit for April-September 2019-20 is narrower than the same period last year. Services data and the overall deficit are provisional, assembled from RBI quarterly and month-wise quick estimates with estimated September services figures and subject to revision upon RBI's next release.
October 15, 2019
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Farmers as stakeholders in the coffee value chain proposed to secure grower payments and fund sustainability through consumer contributions.
Proposal to make coffee farmers stakeholders in the value chain by adding a small per cup contribution to retail coffee sales to deliver direct financial benefits to growers, alongside efforts to brand Indian coffee globally and commission studies on caffeine impacts in advance of the World Coffee Conference & Expo 2020 focused on sustainability through consumption.
October 15, 2019
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Manufacture and Other Operations in Warehouse scheme modernisation streamlines bonded manufacturing, duty deferment and export linked production.
The programme modernises manufacture and other operations in customs bonded warehouses by introducing a single application and approval point at the jurisdictional Commissioner of Customs, a single digital account, GST compliant domestic procurement, and duty deferment for imported inputs and capital goods with full duty remission on export of processed goods, with no geographic or export quantity limits.
October 4, 2019
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Monetary Policy Statement: repo rate cut to 5.15% and accommodative stance maintained to support growth while anchoring inflation.
The MPC cut the policy repo rate by 25 basis points to 5.15%, maintained an accommodative stance within the CPI inflation targeting framework (4% 2%), revised CPI inflation to 3.4% for Q2:2019 20 and downgraded 2019 20 real GDP growth to 6.1%, citing weak domestic demand, global headwinds, surplus liquidity and incomplete monetary transmission.
October 3, 2019
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Exchange rate determination fixes conversion rates for listed foreign currencies for import and export under Customs Act.
Determination of statutory exchange rates fixes specific conversion rates to Indian rupees for listed foreign currencies, specifying separate import and export rates in two annexed schedules (per unit rates in Schedule I and bulk unit rates in Schedule II), superseding the prior notification and operating from the stated effective date for customs valuation purposes.
September 26, 2019
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Export facilitation through regional infrastructure and market linkages expands agricultural trade opportunities from North East producers to international buyers.
APEDA organised a conference-cum-buyer-seller meet in Agartala to promote export facilitation for North East agricultural products by connecting regional exporters and FPC/FPOs with international buyers, emphasising market access for perishables and specialties. Discussions focused on improving rail, road and cross border connectivity, developing cargo handling and cold chain facilities with rail and airport authorities, and building end to end value chain infrastructure to support exports from Tripura and neighbouring states.
September 20, 2019
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NDPS Act enforcement: interdiction of passengers who ingested narcotics leading to seizure of heroin and arrests.
Enforcement under the NDPS Act followed an intelligence-led interception of five passengers at an international airport; joint customs and police action led to custody, medical recovery of 370 expelled capsules preliminarily identified as high purity heroin, seizure of the capsules and arrest of the five individuals, with further investigation ongoing.

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