Tag: commerce ministry

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Posted in Economy

India allows 25 lakh tonnes additional wheat exports, total reaches 50 lakh tonnes

New Delhi: The Commerce Ministry‘s arm DGFT has notified the government’s decision to permit 25 lakh tonnes of wheat exports. On April 20, the Centre…

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Chinese billionaire overhauls AI startup after warning on Manus
Posted in Startups

Chinese billionaire overhauls AI startup after warning on Manus

The fallout from Meta Platforms Inc.’s controversial acquisition of Manus is prompting one tech founder to erect strict walls between his Chinese and US businesses,…

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Posted in Economy

West Asia crisis: Government plans weekly monitoring of EXIM flows

New Delhi: The commerce ministry on Friday said it will set up a weekly monitoring mechanism to track export-import trends and sectoral stress indicators amid…

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Posted in Economy

Support measures for exporters on anvil to deal with West Asia crisis

The commerce ministry is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on…

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Posted in Economy

India, US to resume trade talks once there is clarity on tariffs, says Piyush Goyal

India and the United States will resume negotiations on their proposed interim trade pact once there is greater clarity on tariff changes announced by Washington,…

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Posted in Economy

Too early to comment on US tariff changes; commerce ministry reviewing situation, says FM Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Monday said it is too early to comment on the tariff changes announced by the United States, and…

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AYUSH gets recognition in India's free trade pacts with Oman, New Zealand
Posted in Economy

AYUSH gets recognition in India’s free trade pacts with Oman, New Zealand

New Delhi: The commerce ministry on Sunday said India’s traditional medicine system – AYUSH – has received formal recognition in bilateral trade agreements with Oman…

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India’s exports to US up 22.6% to USD 7 billion in November

After recording negative growth for two consecutive months, India’s merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite…

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Posted in Economy

New Labour Code implementation provides flexibility, simplification to export firms

The implementation of labour codes will help strengthen the country’s export ecosystem as it provides flexibility, simplification, and predictability, which are essential to compete in…

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Posted in Economy

India to gain from US reciprocal tariff cuts on some agri items: Commerce ministry

India is expected to gain from the US decision to roll back reciprocal tariffs on certain agricultural products such as tea, coffee and spices, the…

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