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  • India-China trade grew in pandemic year despite rising barriers May 12, 2021 04:55 PM IST

    India-China trade grew in pandemic year despite rising barriers

    Work from home and online classes drove imports of telecom devices and computer hardware; ores, iron and steel, and organic chemicals were top exports from India

  • Explained | Why is US considering major retaliatory tariffs against India? May 11, 2021 05:44 PM IST

    Explained | Why is US considering major retaliatory tariffs against India?

    A hearing by the USTR on May 11, attended by respondents from Indian industry, gathered feedback on whether additional tariffs of up to 25 percent should be imposed on India’s major exports to the US such as sea food, basmati rice, diamonds and jewellery. The US move was provoked by India's decision to stick to its digital tax for foreign entities.

  • India likely to offer EU lower duties on wines, automobiles, seek data-secure nation status May 10, 2021 02:53 PM IST

    India likely to offer EU lower duties on wines, automobiles, seek data-secure nation status

    The EU wants significantly lower customs duties on various European goods, while India is seeking the status of a data-secure nation that will open up huge business opportunities in outsourcing.

  • Modi-Johnson meet: India, UK decide to wrap up key talks for Free Trade Agreement by year-end May 04, 2021 07:51 PM IST

    Modi-Johnson meet: India, UK decide to wrap up key talks for Free Trade Agreement by year-end

    India has agreed to remove barriers to trade, a key British complaint, and has said that a balanced and beneficial market access package will be created. The proposed FTA is a key part of the Enhanced Trade Partnership launched by both nations to galvanise business ties and investment flows.

  • Strict restrictions amidst rising cases to impact small business and the economy Apr 22, 2021 11:54 AM IST

    Strict restrictions amidst rising cases to impact small business and the economy

    With more restrictions and curfews being imposed across states and cities amidst rising cases, we look at how these could take a toll on small businesses and the overall economy.

  • Global maritime piracy incidents rise in 2020; here’s why India and its seafarers should be cautious Apr 12, 2021 04:58 PM IST

    Global maritime piracy incidents rise in 2020; here’s why India and its seafarers should be cautious

    Maritime piracy attacks reported worldwide surged 20 percent in 2020. We take a look at the data and explain why India and its seafarers should take these incidents of piracy seriously

  • India-Canada trade deal: Centre to create job opportunities for IT professionals: Report Apr 06, 2021 10:40 AM IST

    India-Canada trade deal: Centre to create job opportunities for IT professionals: Report

    Through CEPA, India is seeking to create job opportunities through easier work visas for its IT professionals while Canada, a major producer of pulses, is seeking to increase its agricultural exports to India.

  • Maharashtra’s new COVID-19 lockdown guidelines: CAIT suggests reduced shop timings instead Apr 06, 2021 10:33 AM IST

    Maharashtra’s new COVID-19 lockdown guidelines: CAIT suggests reduced shop timings instead

    CAIT suggested that instead of a full lockdown, the shop timings in Maharashtra should be reduced from 11 am to 5 pm.

  • US outlines long list of import restrictions against American goods in India Apr 04, 2021 03:44 PM IST

    US outlines long list of import restrictions against American goods in India

    India figures prominently in the 2021 National Trade Estimate Report by the United States Trade Representatives, an annual compendium of Washington DC's complaints against the trade mechanism of various economies. The fact that this comes only months after the Joe Biden administration took charge has made policymakers apprehensive.

  • India-Pakistan Trade | Attempt to refloat amidst troubled waters Apr 01, 2021 07:41 PM IST

    India-Pakistan Trade | Attempt to refloat amidst troubled waters

    India’s trade with Pakistan declined by almost 70 percent in 2019-20 over its previous year. The decision to import Indian sugar and cotton could help revive the ponderous bilateral trade.

  • Even after Suez Canal is cleared, ending backlog of will take time Mar 29, 2021 02:41 PM IST

    Even after Suez Canal is cleared, ending backlog of will take time

    Shipping analysts estimated the colossal traffic jam was holding up nearly $10 billion in trade every day.

  • India finalises four-pronged plan to deal with Suez blockade Mar 26, 2021 09:12 PM IST

    India finalises four-pronged plan to deal with Suez blockade

    The government, in consultation with the key stakeholders, has decided to "prioritise the movement of perishable cargo" and "honour the freight rates" as per the existing contracts.

  • Explained: The flourishing trade ties and friendship between India and Bangladesh Mar 26, 2021 08:55 PM IST

    Explained: The flourishing trade ties and friendship between India and Bangladesh

    Bangladesh is India’s biggest trade and development partner in South Asia. Over the recent years, ties between the two countries have received a major boost in terms of trade, connectivity and infrastructure development.

  • EXCLUSIVE | Long list of challenges plague Indian traders’ desperate bid to find routes into China  Mar 24, 2021 07:42 PM IST

    EXCLUSIVE | Long list of challenges plague Indian traders’ desperate bid to find routes into China 

    As consumption demand rises after a tough financial year, importers are desperate to visit China to stock up on new inventory. Their plans of transiting through a third nation to reach the Big Dragon and India's unique travel restrictions continue to hit a wall. Moneycontrol discovers the long list of hurdles impeding travel - tough vaccination rules in most countries, low availability or lack of approval for Chinese vaccines and the high cost of insurance

  • India's merchandise and services exports may dip by 10% in FY21 : Commerce Minister Mar 23, 2021 07:18 PM IST

    India's merchandise and services exports may dip by 10% in FY21 : Commerce Minister

    In the previous financial year of 2019-20, services exports had risen by 4 percent while merchandise exports had shrunk by 4.7 percent.

  • India needs to return to more liberal trade regime: Arvind Panagariya Mar 20, 2021 08:36 AM IST

    India needs to return to more liberal trade regime: Arvind Panagariya

    With a low corporate profit tax rate, labour law reforms, GST, and bankruptcy law, a massive privatization programme on the anvil, and measures to de-stress the financial sector under way, the country is poised to take on to global markets in a major way, he said.

  • India 2nd largest arms importer in 2016-20, imports down by 33%: SIPRI Mar 19, 2021 07:33 PM IST

    India 2nd largest arms importer in 2016-20, imports down by 33%: SIPRI

    Combat aircraft and associated missiles accounted for more than half of India’s arms imports in 2016–20.

  • Macro Minutes Podcast | Supply side challenges holding back export growth : FIEO Director General Ajay Sahai Mar 18, 2021 07:16 PM IST

    Macro Minutes Podcast | Supply side challenges holding back export growth : FIEO Director General Ajay Sahai

    Ajay Sahai takes us through the mixed bag of unprecedented challenges and sudden opportunities facing India's crucial outbound trade in the post Covid-19 era, as the pandemic slowly recedes.

  • India should leverage labour-intensive exports to capture space being vacated by China: Arvind Subramanian Mar 15, 2021 09:18 PM IST

    India should leverage labour-intensive exports to capture space being vacated by China: Arvind Subramanian

    At a time when all countries are scrambling to corner that open market, India needs to act quickly, Arvind Subramanian said.

  • FTA partners question India's 'country of origin' rules at World Trade Organisation Mar 15, 2021 12:50 PM IST

    FTA partners question India's 'country of origin' rules at World Trade Organisation

    India’s rationale behind the new rules is to restrict the misuse of FTA by fraudulent traders.

  • Interview | British firms feel 'Aatmanirbhar Bharat' provides more investment opportunities: UKIBC Chief Mar 12, 2021 02:12 PM IST

    Interview | British firms feel 'Aatmanirbhar Bharat' provides more investment opportunities: UKIBC Chief

    While they may not completely move supply chains from China, 77% of British companies surveyed by UKIBC feel they can invest more in India to augment their Chinese facilities

  • Exclusive | FSSAI may soon begin to set standards for food exports creating single regulator in sector Mar 09, 2021 05:37 PM IST

    Exclusive | FSSAI may soon begin to set standards for food exports creating single regulator in sector

    Industry insiders say food manufacturers and vendors had pushed for the proposed move, arguing for more ease of doing business. Currently, while FSSAI under the Health Ministry sets standards for food imports, exports are the domain of APEDA under the Commerce Department.

  • Indian merchants almost halt exports to Iran as its rupee reserves fall: Report Mar 04, 2021 06:11 PM IST

    Indian merchants almost halt exports to Iran as its rupee reserves fall: Report

    Iran's rupee reserves in India's UCO and IDBI Bank, the two lenders authorised to facilitate rupee trade, have depleted significantly and exporters are not sure whether they would be paid on time for new shipments, the dealer said.

  • JNPT, Deendayal ports offer discounts on vessel, cargo charges to boost trade at Chabahar port Feb 28, 2021 11:34 AM IST

    JNPT, Deendayal ports offer discounts on vessel, cargo charges to boost trade at Chabahar port

    Located in Sistan-Balochistan province on the energy-rich Iran''s southern coast, the port is being developed by India, Iran and Afghanistan to boost trade ties.

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