- May 12, 2021 04:55 PM IST
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
- May 11, 2021 05:44 PM IST
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.
- May 10, 2021 02:53 PM IST
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.
- May 04, 2021 07:51 PM IST
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.
- Apr 22, 2021 11:54 AM IST
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.
- Apr 12, 2021 04:58 PM IST
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
- Apr 06, 2021 10:40 AM IST
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.
- Apr 06, 2021 10:33 AM IST
CAIT suggested that instead of a full lockdown, the shop timings in Maharashtra should be reduced from 11 am to 5 pm.
- Apr 04, 2021 03:44 PM IST
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.
- Apr 01, 2021 07:41 PM IST
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.
- Mar 29, 2021 02:41 PM IST
Shipping analysts estimated the colossal traffic jam was holding up nearly $10 billion in trade every day.
- Mar 26, 2021 09:12 PM IST
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.
- Mar 26, 2021 08:55 PM IST
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.
- Mar 24, 2021 07:42 PM IST
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
- Mar 23, 2021 07:18 PM IST
In the previous financial year of 2019-20, services exports had risen by 4 percent while merchandise exports had shrunk by 4.7 percent.
- Mar 20, 2021 08:36 AM IST
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.
- Mar 19, 2021 07:33 PM IST
Combat aircraft and associated missiles accounted for more than half of India’s arms imports in 2016–20.
- Mar 18, 2021 07:16 PM IST
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.
- Mar 15, 2021 09:18 PM IST
At a time when all countries are scrambling to corner that open market, India needs to act quickly, Arvind Subramanian said.
- Mar 15, 2021 12:50 PM IST
India’s rationale behind the new rules is to restrict the misuse of FTA by fraudulent traders.
- Mar 12, 2021 02:12 PM IST
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
- Mar 09, 2021 05:37 PM IST
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.
- Mar 04, 2021 06:11 PM IST
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.
- Feb 28, 2021 11:34 AM IST
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.