As the winter approaches, we present you with an opportunity to earn. In the winter, you can start a variety of enterprises and make a lot of money with Winter products. We'll tell you about the 5 most successful winter business ideas in this article. So, instead of curling up under your cov...
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Worrying about economic shocks, consumers are panicking lethal. Due to the COVID-19 outbreak in the world, people are getting panicked and terrified faster than the spread of the virus! Truly, the coronavirus epidemic has hampered both the demand and supply chain market globally.If h...
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The last week of December, not only marks the end of the current year but also celebrates Christmas and the arrival of the New Year. Both of these occasions call for a big celebration and parties. Everyone is now excitedly waiting for the party season and exploring best gifts for Christm...
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Whether it is a small-size company or a multinational corporation, distributing gifts among the employees is a tradition followed in every company on Diwali. This Diwali 2018, instead of gifting the regular sweet boxes, chocolates, dry fruit boxes, and sweets & namkeen combo, go for a more...
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Exports business forms a major part of a country’s GDP and has a number of benefits in store for the businesses that trade internationally. However, due to the complications and risks associated with trading in countries with different legal, financial, and cultural systems, many busines...
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Computerized Indian Customs EDI System was initiated in 1994-95 by National Informatics Centre and Central Board of Excise and Customs. The aim of Indian Customs EDI Systems is to maintain data confidentiality, safeguard assets and to minimize the errors done in filling, submitting, and ...
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Ex works terms or ex factory terms are commonly used in the business of import and export. Understanding these terms is important to undertake any import/export business from any country successfully. If a buyer agrees to ex works terms, he/she would be liable to undertake all the shippi...
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ITC-HS, better known as Indian Trade Clarification based on Harmonized System, is an international nomenclature of goods that was developed in 1988 by the World Customs Organization. India is one of the 190 countries that have adopted this nomenclature to classify its goods for internati...
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Indian textile industry is not just one of the oldest industries of the nation with its history dating back several centuries, but it is also one of the most labor intensive markets. It gives employment to a sizeable share of Indian populace (approx. 45 million directly and 60 million in...
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Are you planning to start an import/export firm of your own? Do you know what the most important document is before you start this business? PAN Card? Bank statement? Regulatory documents? Documents from importing /exporting country?These documents do hold importance in the trading b...
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June 2016 saw a 1.27% rise in India’s export, which touched the mark of $22.6 billion. This growth was seen in the Indian export after a long dull period of 19 months. With this achievement, Indian export has taken a step forward to realizing its $900 billion vision by the end of 2020.Th...
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Globalization has indeed made the world a global market. People are now able to buy and sell various products not only within the country but also overseas. It enabled the easy circulation of market things, information and product within the international domain.Importing allows the pers...
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A number of documents are required for carrying out any type of business. And when it comes to business trade done across the national borders then the number of documents required only increases. Importing and exporting have been a major part of trade since ancient times. While the reasons ...
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IntroductionAre you planning to get into Import/Export business in India? If yes, then you must know the most common and profitable products in India which are getting imported and exported on a regular basis. Every entrepreneur starts his business with an expectation of earning profit...
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