Tag: commerce ministry
India’s free trade pacts not paused, all talks progressing as per schedule: Official
New Delhi: Negotiations for all the proposed free trade agreements, including those with the UK and European Union (EU), are progressing as per the schedule…
Lifting rice export curbs to help push agri shipments over USD 50 bn in FY25: Official
The country’s agri exports are expected to cross USD 50 billion in 2024-25 on account of healthy demand and lifting on curbs on non-basmati rice,…
Standard operating procedure document for negotiating FTAs to be ready this year
New Delhi: The standard operating procedure (SOP) document for negotiating free trade agreements (FTAs) is expected to be ready by the end of this year,…
China emerges as India’s top import source during April-September 2024: Commerce ministry data
China has emerged as India’s top import source with USD 56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to…
Piyush Goyal meets business leaders in US to seek investment in India
New Delhi: Commerce and Industry Minister Piyush Goyal has held a series of meetings with US business leaders in New York to seek investments in…
Next meeting of IPEF’s Supply Chain Council in December: Commerce ministry
The next meeting of the Supply Chain Council, set up under an agreement of the 14-member IPEF, will be held in December, the commerce ministry…
Commerce ministry plans collaboration with other ministries to push services exports
New Delhi: The commerce ministry is planning to focus on 12 champion sectors more cohesively to push services sector exports, a senior official said on…
Centre removes floor price for basmati rice exports
The Indian government on Friday announced that it has removed the $950/tonne minimum export price on basmati rice. Union Commerce Minister Piyush Goyal announced the…
electronic goods: Electronic goods exports surge 37 pc; dairy and poultry products by 56 pc in July 24 (YoY)
India‘s electronic goods exports experienced a significant increase of 37.31 per cent in July year-on-year, rising to USD 2.8 billion from USD 2.04 billion in…
India trade deficit: India’s trade deficit widens YoY to $23.50 bn in July; exports down 1.4%
India’s trade deficit widened to $23.50 billion on an annual basis in July from $19 billion in the same month last year, data from the…