Page 29 of Trade

January merchandise trade deficit at $17.49 billion

Economists had expected the country’s January trade deficit to be $20 billion, according to a Reuters poll.

Updated: February 15, 2024 15:50 IST

RITES, AD Ports Group, MoU, collaboration, joint venture, trade, logistics, Logistics Infrastructure Development, IMEEC

RITES, AD Ports Group collaborate to drive growth in Logistics Infrastructure Development

The MoU aims to bring about mutual engagement with the objective of exploring potential opportunities of joint cooperation for working…

February 14, 2024 13:10 IST

India-Peru Trade Pact, trade relationship, trade agreement, bilateral trade, exports, economies, investment

India-Peru Trade Pact set to take shape by 2024-end, round 6 of negotiations to start soon

As per official data provided by both the Indian and Peruvian officials, the bilateral trade volume reached $3.12 billion in…

February 13, 2024 11:40 IST

China Plus 1, Current Account Deficit, GDP, services exports, geopolitical risks, domestic market, manufacturing, logistics, PLI, Government capex, exports

South Asian trade infrastructure and India

India aspires to fill the void in global supply chains created by a diminishing Chinese presence. It must utilise the…

February 13, 2024 04:00 IST

India-Middle East-Europe Corridor – a strategic, economic game changer!

IMEC is a multi-modal economic corridor consisting of roadways, railways, ship-rail transit routes across the Eastern Corridor (connecting India with…

February 4, 2024 11:34 IST

Red Sea, trade, import, export, trade nuances, shipping cos, freight forwarders, charter rates, working capital, merchandise trade, profitability, margins, inventories

Red Sea crisis to have differential impact across sectors; shipping cos, freight forwarders to benefit from high charter rates

Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, North Africa and…

January 29, 2024 11:03 IST

shipping companies, alternative routes, Red Sea crisis, global trade, transit time, supply chain, consumer demand, economy, geopolitical landscape, imported products

Longer disruptions at Red Sea trade route may hurt auto, electronics production: GTRI

He said that average container spot rates have more than doubled since early December 2023.

January 28, 2024 18:05 IST

Customs 2.0 in offing; to provide fully automated stakeholder service: Revenue Secy

The World Bank’s Logistics Performance Index 2023, which was released in April last year, had ranked Customs processes at 47th…

January 27, 2024 19:04 IST

Govt approves proposal to set up trade committee of India, Dominican Republic

The joint committee, an official statement said, will provide a platform for the exchange of information between various authorities and…

January 24, 2024 20:24 IST

New rules of trade game: Can free trade and globalisation flourish in a polarised world?

The book begins from the time various countries got together to foster free trade with liberalism at its core. This…

January 21, 2024 00:20 IST

Next round of talks on India-Peru trade pact to begin on Feb 12

Negotiations for the agreement started in 2017 and the fifth round was concluded in August 2019.

January 19, 2024 17:29 IST

piyush goyal, commerce minister, export, msme exports, trade connect eplatform, startups, bharat mandapam, free trade agreements, exports, merchandise and services, dgft, rodtep, ecommerce exports

New ‘Trade Connect’ platform in the works to help new exporters, MSMEs boost exports

The platform is likely to be ready in three to four months, according to the Commerce Ministry.

January 17, 2024 11:58 IST

Crucial meeting on combating unauthorised trade between India and Nepal concludes; both sides decide to enhance trade infrastructure: Indian Embassy

“Both the sides discussed mutual market access for pharmaceuticals and Ayurvedic products,” said the statement.

January 14, 2024 21:31 IST

India asks US to permit domestic labs for fruit irradiation to cut trade cost

At present, exporters have to carry out irradiation at the US ports, which increases cost and uncertainty in case of…

January 14, 2024 17:02 IST

Govt in action mode on Red Sea crisis; inter-ministerial meet to discuss way forward on Jan 17

Exports to Europe, the east coast of the US and Latin America are facing problems due to the crisis.

Updated: January 13, 2024 23:35 IST

Trade export, Dell, Asus, Lenovo, HP, Foxconn, Flextronics, Apple, Samsung, India export, Export in india, top news, latest news,

Trade shifts to tech products, smart-phones exports up 93% to $13.9 billion

Exports faltered in 2023, but outlook for 2024 is sanguine.

December 25, 2023 01:30 IST

exports, merchandise exports, services exports, bhanu pratap singh verma, msme related products, trade, goods, ITC-HS codes, DGFT

MSMEs contributed 45% to India’s exports as of September: Govt data

The share of export of MSME-specified products in all India exports has been declining year-on-year even as the country’s overall…

December 12, 2023 10:00 IST

Swiss-Indian Chamber of Commerce launches Kolkata chapter to boost trade

The launch is seen as a strategic move to bolster economic development in eastern India.

December 9, 2023 14:55 IST

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