Export of bio-fuel allowed from SEZs, EoUs

Export of bio-fuel allowed from SEZs, EoUs

    06 Feb 2019

New Delhi: The government has allowed export of bio-fuel from special economic zones (SEZs) and export-oriented units (EoUs) with certain conditions, according to a notice of the directorate general of foreign trade (DGFT). In August 2018, the government imposed restrictions on export of bio-fuels for non-fuel purposes. Export of bio-fuel allowed Once the restriction was

Change in e-commerce policy , Walmart optimistic about Indian Market

Change in e-commerce policy , Walmart optimistic about Indian Market

    06 Feb 2019

New Delhi, US retail Walmart, which invested in Flipkart, today said “Walmart’s and Flipkart’s commitment to India is deep and long term”. The company is optimistic despite recent changes in the FDI policy for e-commerce firms in the country. Revised FDI e-commerce policy The revised policy, effective from February, has barred online companies like Flipkart and