Tag: commerce and industry ministry
Textiles, leather & kitchen items exports to US down
New Delhi: India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and marine products shrank in August, the month when Washington slapped…
SEZ units seek QCO relief, local sale flexibility
New Delhi: Developers and units of special economic zones (SEZ) have sought exemption from quality control orders, minimum import price and port restrictions so that…
Swiss chocolates and watches get cheaper as India-EFTA trade pact kicks in
The trade agreement between India and the four-nation European bloc EFTA came into force on Wednesday, under which the country has received an investment commitment…
Self-reliance in focus to counter weaponisation of trade: Piyush Goyal
New Delhi: India is focusing on atmanirbharta (self-reliance) by building capabilities, supply chains and value chains, which will assure that the country will not be…
US Commerce Secy calls for India to ‘open markets’, ‘stop actions that harm America’
US Commerce Secretary Howard Lutnick on Sunday in an interview with News Nation said that India needs to ‘react correctly’ to the US. Lutnick said…
India negotiates US corn purchase for ethanol production amid trade talks
India could buy corn from the US to produce ethanol, besides making higher purchases of energy, as part of fresh offers to arrive at a…
India’s logistics cost at 8% of GDP, rail most efficient: Report
India’s logistics cost in 2023-24 totalled an estimated 7.97% of its gross domestic product (GDP), with rail logistics emerging as a cost-efficient mode with an…