As part of the new comprehensive bilateral dialogue mechanism, India is looking to give Pakistan preferential access to its large market under the South Asian Free Trade Area (SAFTA) regime provided Islamabad can keep its promise to give India MFN status, known in the neighbouring country as non-discriminatory market access (NDMA). Pakistan, in fact, was [...]
As India's economy hits the downward slope, the country's commerce minister Anand Sharma announced new measures to boost exports. He unveiled a seven-point strategy on June 5 which includes the extension of an interest subsidy scheme till March 31 next year. The incentives will add up to over Rs1,000 crores (S$23). Said Mr Sharma: "We [...]
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Standing out in the business How MAVENS’ planet became world’s favorite import export agent? This Journey has been interesting and challenging. Business is now a global affair, and thus the export-import business is important, lucrative and necessary. You just need to approach the business with an open mind and be willing to complete lots of [...]
Textile exports to grow by 25 pc to touch $ 50-bn mark in FY15. Govt may allocate INR 2,500 cr. for TUF this fiscal. Textile exports in the current fiscal are likely to grow by 25 per cent touching the $50-billion mark, the Textiles Minister, Mr Santosh Kumar Gangwar, said. Talking to newsmen after inaugurating the [...]
US retail sales rose in January for the seventh consecutive month, although the increase was below expectations. Retail sales rose by 0.3%, less than analysts' expectations of a 0.6% increase, as extreme weather in large parts of the country kept some shoppers at home. On an annual basis retail sales were up 7.8% from January [...]
When buying merchandise to resell, you will be dealing with wholesale products or surplus products. There is a big difference between these two. If you are running a wholesale business, you will increase you chances of profitability by learning how to buy wholesale the right way. If you are using wholesale products, you are more [...]