Trade

Trade News

Trade deficit nearly triples to $30 billion in July

India’s trade deficit may narrow a tad in August, easing concerns on the current account deficit, albeit to a limited…

August 13, 2022 3:05 am

Piyush Goyal reviews overseas trade scenario with Export Promotion Councils

The minister urged the industry representatives to study FTAs and identify the areas which have competitive advantage. He hoped for…

August 5, 2022 9:15 pm

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However, it may have some repercussions on India’s trade and ongoing free trade agreement (FTA) negotiations.

Data laws & trade talks

Absence of data protection laws can trip many of the FTAs India wants inked.

Updated: August 5, 2022 9:03 am

New UK parliamentary panel to promote trade, investment ties with India

The India (Trade and Investment) All Party Parliamentary Group (APPG) was formally registered last week as part of celebrations of…

July 27, 2022 2:09 pm

It was part of the commerce ministry’s initiative, at the behest of Prime Minister Narendra Modi, to “create better awareness at senior levels in government about the importance of trade and the role played by exports in accelerating growth”.

Bureaucrats get tips on export-led growth

Event organised to sensitise top bureaucrats on trade

July 22, 2022 6:00 am

Similarly, New Delhi has completed 197 development projects in Africa so far, 65 more are under execution and 81 are at a pre-execution stage, Jaishankar said.

India, Africa may soon start talks for trade pact

While India exported goods worth $40 billion to Africa in FY22, its imports were higher at $49 billion, partly due…

July 21, 2022 5:40 am

Piyush Goyal calls for deepening trade ties with Africa; exploring solar energy, startup ecosystem

The trade between India and African countries has been pretty balanced with exports of trade and services of about USD…

July 19, 2022 1:48 pm

India’s exports up 16.22 pc during May-June to UAE after FTA implementation

Exports during the same period of the previous year stood at USD 720.31 million.

July 15, 2022 4:56 pm

Allow India to export foodgrains from public stock to needy nations: FM Sitharaman to WTO

Sitharaman also shared India’s experience, including robust gains in agriculture production, citizen-centric food security programmes and innovative delivery mechanisms such…

Updated: July 15, 2022 5:12 pm

Exports rise 23.52 pc to USD 40.13 billion in June; trade deficit at record USD 26.18 billion

The trade deficit during the first three months of this fiscal widened to USD 70.80 billion from USD 31.42 billion…

July 14, 2022 5:18 pm

Diwali target for India-UK FTA possible but not definite, say experts after PM Johnson’s exit

From an economic perspective as well, City of London Policy Chair Chris Hayward believes there will be a consistent focus…

Updated: July 10, 2022 7:14 pm

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The government reportedly is planning to set up an inter-ministerial panel to fasttrack the multiple ongoing negotiations.

India & Free Trade Agreements: Make haste slowly

Carefully weigh provisions on trade in services, And green/fair-labour obligations

Updated: July 8, 2022 8:57 am

“A final decision on the panel will be taken soon,” said the source.

Ministerial panel to fast-track FTA plans

Moreover, such a panel will bolster co-ordination among ministries and departments and improve the quality of negotiations as well, said…

July 4, 2022 5:10 am

Deadline for exporters to submit application for pending dues extended

DGFT said no MEIS applications would be accepted after the last date.

July 1, 2022 5:06 pm

WTO needs to move from just an organisation to robust institution: CUTS International

The Ministerial Conference is the highest decision-making body of the WTO.

June 27, 2022 4:14 pm

But the problems listed above are in fact examples of how trade barriers erected by governments have reduced resilience. In each case, liberalisation could help mitigate the problem.

Fighting Inflation: International trade vs resilience

Will international trade help rein in inflation and boost resilience?

June 25, 2022 3:15 am

PM Modi exhorts exporters to achieve long-term export targets

The Prime Minister also launched the NIRYAT (National Import-Export Record for Yearly Analysis of Trade) portal – which is developed…

Updated: June 23, 2022 3:01 pm

FTAs with UAE, Australia to boost apparel exports: AEPC

The buyers are visiting from countries like the US, Brazil, Japan, UK, Spain, Australia, Poland, Colombia, Greece, Italy, and Egypt.

June 21, 2022 4:03 pm

India demands TRIPS waiver at WTO meet

Any plan to scrap fishery subsidies immediately or within a tight schedule for those nations that are not much into…

June 14, 2022 8:41 am

War and Trade: How Russia Ukraine war can impact goods supplies, trade institutions and globalisation

‘With the ongoing war in Europe, disruptions in the supply of goods ranging from inputs for semiconductor chips to foodgrains,…

June 10, 2022 1:39 pm

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