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.
- Feb 22, 2021 03:59 PM IST
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.
- Feb 19, 2021 01:46 PM IST
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.
- Feb 18, 2021 03:21 PM IST
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
- Feb 18, 2021 12:47 PM IST
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.
- Feb 17, 2021 05:34 PM IST
It will be the first trade agreement to be signed by India with a country in Africa.
- Feb 16, 2021 03:07 PM IST
Ahead of Boris Johnson's visit later in 2021, India and the UK are sitting at the negotiation table.
- Jan 26, 2021 02:20 PM IST
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.
- Jan 24, 2021 07:39 AM IST
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.
- Jan 08, 2021 08:04 PM IST
Within transportation, railway and road continue to post a healthy recovery as validated by high-frequency rail freight and GST e-way bills data.
- Jan 07, 2021 02:45 PM IST
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
- Jan 05, 2021 09:43 AM IST
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.
- Jan 01, 2021 02:53 PM IST
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.
- Dec 27, 2020 01:49 PM IST
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.