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  • 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.

  • 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.

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