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  • 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.

  • Exclusive | Government feels worst is over for India's exports as non-oil, non-jewellery shipments rise steadily Feb 22, 2021 03:59 PM IST

    Exclusive | Government feels worst is over for India's exports as non-oil, non-jewellery shipments rise steadily

    The Commerce Department has told the Prime Minister's Office that India's exports are safely out of the COVID-19 induced global trade slump, pointing towards exports from categories other than the volatile processed petroleum, gold, diamond and jewellery, according to sources.

  • Exclusive | India reaches out to Biden administration, asks US to restart key annual dialogue Feb 19, 2021 01:46 PM IST

    Exclusive | India reaches out to Biden administration, asks US to restart key annual dialogue

    Keen to restart talks on the proposed India-US limited trade deal, New Delhi's first step towards rapprochement is also intended to break the ice on strategic economic issues that have gone cold over the past 4 years under former US President Donald Trump, senior sources in the know said.

  • Amazon’s dodgy ways will not cut ice in India Feb 18, 2021 03:21 PM IST

    Amazon’s dodgy ways will not cut ice in India

    To use subterfuges to test the malleability of Indian law, is most likely to see Amazon lock horns with the Government of India, which has time and again stressed that the interest of the small trader will be protected

  • Exclusive | Exporters yet to receive tax refunds of Rs 25,000-30,000 crore from Centre as liquidity crisis hits hard: FIEO Feb 18, 2021 12:47 PM IST

    Exclusive | Exporters yet to receive tax refunds of Rs 25,000-30,000 crore from Centre as liquidity crisis hits hard: FIEO

    The government's largest export incentive policy, the Merchandise Exports from India Scheme (MEIS), has been discontinued from January 1, 2021. Covering upto 75 per cent of India's total exports, it was a crucial support to exporters. Now, even as tax refunds under MEIS remain stuck with the government, exporters say that it's replacement, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, is unfinished and insufficient.

  • Cabinet approves Comprehensive Economic Cooperation and Partnership Agreement between India and Mauritius Feb 17, 2021 05:34 PM IST

    Cabinet approves Comprehensive Economic Cooperation and Partnership Agreement between India and Mauritius

    It will be the first trade agreement to be signed by India with a country in Africa.

  • Exclusive | India pushes post-Brexit UK for easier visa norms, lower trade barriers Feb 16, 2021 03:07 PM IST

    Exclusive | India pushes post-Brexit UK for easier visa norms, lower trade barriers

    Ahead of Boris Johnson's visit later in 2021, India and the UK are sitting at the negotiation table.

  • Enhanced trade partnership first step towards UK-India FTA, says UK minister Jan 26, 2021 02:20 PM IST

    Enhanced trade partnership first step towards UK-India FTA, says UK minister

    Lord Tariq Ahmad, who is also Minister for the Commonwealth in the Foreign, Commonwealth and Development Office (FCDO), said the strong relationship between the two countries has been further intensified with the vaccine collaboration to help fight the common enemy in the form of COVID-19.

  • Britain's Boris Johnson presses Joe Biden for new trade deal Jan 24, 2021 07:39 AM IST

    Britain's Boris Johnson presses Joe Biden for new trade deal

    A new trade agreement between the allies is a higher priority for UK PM Boris Johnson than it is for US President Joe Biden. The UK regained control over its national trade policy at the start of the month following the end of a post-Brexit transition period.

  • Trade, hotels, transport and communication to recover to pre-COVID-19 level in 2022 Jan 08, 2021 08:04 PM IST

    Trade, hotels, transport and communication to recover to pre-COVID-19 level in 2022

    Within transportation, railway and road continue to post a healthy recovery as validated by high-frequency rail freight and GST e-way bills data.

  • China raises 'deep concerns' at WTO meet over India’s FDI scrutiny: Report Jan 07, 2021 02:45 PM IST

    China raises 'deep concerns' at WTO meet over India’s FDI scrutiny: Report

    China’s statement came during WTO review of India’s trade policy after the United States and European Union (EU) flagged issues like increase in import duties

  • China Shadow: India’s trade explained in 4 charts Jan 05, 2021 09:43 AM IST

    China Shadow: India’s trade explained in 4 charts

    India’s goods exports fell by nearly 18 percent and imports by 33 percent during April-November 2020, year-on-year, according to official data. While imports from China and other top trading partners reported a decline, exports to Beijing registered a growth.

  • Whatever happened to the boycott of goods made in China? Jan 01, 2021 02:53 PM IST

    Whatever happened to the boycott of goods made in China?

    Indian households are buying up China-made gadgets and appliances as they work from home and cook more often. While imports from China did contract 17.2 percent compared during the April-November 2020 period, this was relatively lower than the 32.6 percent contraction in the country’s overall import bill.

  • India-Taiwan trade prospects look promising in 2021: TAITRA Dec 27, 2020 01:49 PM IST

    India-Taiwan trade prospects look promising in 2021: TAITRA

    The overall restructuring of supply chains will give India a very unique place and attract many Taiwanese companies to invest in the country, TAITRA chairman James CF Huang said.

  • Exclusive| Government mulls new national policy to bring down logistics cost by 5% Dec 22, 2020 03:37 PM IST

    Exclusive| Government mulls new national policy to bring down logistics cost by 5%

    The government is also working on a National Logistics Efficiency and Advancement Predictability and Safety Act and this law tends to define various participants of the logistics space and create a light regulatory ecosystem.

  • It's a made-in-China holiday season for cooped-up Americans Dec 15, 2020 10:47 PM IST

    It's a made-in-China holiday season for cooped-up Americans

    But despite Trump’s restrictions on Chinese goods, including tariffs on more than $360 billion worth of its imports, there is little sign that global supply chains are returning to the United States.

  • Cargo at major ports grows for the first time since COVID-19 struck Dec 10, 2020 08:38 AM IST

    Cargo at major ports grows for the first time since COVID-19 struck

    Cargo volumes at major ports grow in November after declining for eight months. Container traffic and commodities such as iron ore and coal drive the recovery

  • ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman Nov 30, 2020 01:31 PM IST

    ‘Unholy alliance’ between banks and e-commerce firms to destroy indigenous businesses, CAIT writes to Finance Minister Nirmala Sitharaman

    CAIT termed the joint workings of e-commerce companies like Amazon and Flipkart with banks as an ‘unholy nexus’ and ‘cartelisation of banks’.

  • Breudher And Nutmeg | The Dutch East India Company’s lost recipe in Kerala Nov 28, 2020 08:23 AM IST

    Breudher And Nutmeg | The Dutch East India Company’s lost recipe in Kerala

    If it was pepper that got all eyes on India and its wealth of spices, nutmeg has yet another story to tell, one that can never be complete without the story of Breudher

  • Trade, transport and tourism plunge 15.6% from 47% as GDP sees recovery Nov 27, 2020 07:51 PM IST

    Trade, transport and tourism plunge 15.6% from 47% as GDP sees recovery

    According to the NSO data released on Friday, the gross value added (GVA) from trade, hotel, transport, communication & services related to broadcasting fell by 15.6 percent at constant prices in July - September quarter year-on-year against a 7 percent year-on-year decline in the overall real GVA for the second quarter.

  • NSE IFSC gets CFTC exemption for derivatives trade Nov 25, 2020 03:15 PM IST

    NSE IFSC gets CFTC exemption for derivatives trade

    The CFTC exemption enables NSE IFSC members to trade in derivatives for the US clients, NSE said in a statement.

  • India seeks compensation for lost market as end of Brexit transition period approaches Nov 24, 2020 06:15 PM IST

    India seeks compensation for lost market as end of Brexit transition period approaches

    A number of countries expressed their concerns about the uncertainty over an EU-UK trade deal at the recent market access committee meeting at the WTO. The Brexit transition deadline is December 31.

  • Explained | All you need to know about PLI scheme Nov 12, 2020 06:00 PM IST

    Explained | All you need to know about PLI scheme

    The government in March made 53 bulk drugs eligible for a PLI worth Rs 6,940 crore. The scheme is expected to benefit up to 136 manufacturing units, generating incremental sales of Rs 46,400 crore and significant additional employment generation over the next eight years.

  • New US president may change transactional nature of Indo-US trade Nov 05, 2020 12:48 PM IST

    New US president may change transactional nature of Indo-US trade

    The final nail in the coffin of India-US relations came after the US decided to scrap India's benefits under the Generalised System of Preferences (GSP) scheme.

  • Onion stock limit | Centre says states may give traders three-day buffer Oct 30, 2020 10:28 AM IST

    Onion stock limit | Centre says states may give traders three-day buffer

    Onion traders, on their part, said the move would not benefit them and demanded at least 15 days to meet the Centre’s limit.

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