Tag: commerce ministry

India trade: US emerges as India's biggest trading partner in FY23 at $128.55 bn; China at second position
Posted in Economy

India trade: US emerges as India’s biggest trading partner in FY23 at $128.55 bn; China at second position

The US has emerged as India’s biggest trading partner in 2022-23 on account of increasing economic ties between the two countries. According to the provisional…

Continue Reading
india: India, France discuss progress on India-EU trade pact
Posted in Economy

india: India, France discuss progress on India-EU trade pact

Trade ministers of India and France have held discussions related to the ongoing talks for a free trade agreement between India and the European Union,…

Continue Reading
india: India's foreign trade set to cross US$ 1.6 trillion mark this fiscal: Report
Posted in Economy

india: India’s foreign trade set to cross US$ 1.6 trillion mark this fiscal: Report

India‘s foreign trade is expected to cross the USD 1.6 trillion mark this fiscal despite global economic uncertainties, economic think tank GTRI said in a…

Continue Reading
Foreign trade policy news: Foreign Trade Policy 2023 unveiled, govt breaks tradition of target year
Posted in Economy

Foreign trade policy news: Foreign Trade Policy 2023 unveiled, govt breaks tradition of target year

Unveiling the much-awaited Foreign Trade Policy, Commerce Ministry on Friday broke the tradition of a policy lasting for five years and will instead adopt a…

Continue Reading
Government undertaking an exercise to cut imports of non-essential items
Posted in Economy

Government undertaking an exercise to cut imports of non-essential items

The government is undertaking an exercise to cut imports of non-essential goods with a view to enhancing domestic production of those items, an official said…

Continue Reading
Several steps taken to address emerging challenges, create global brand for Indian tea: Comm Min
Posted in Economy

Several steps taken to address emerging challenges, create global brand for Indian tea: Comm Min

India has taken several steps to boost tea output, create a niche brand for the Indian tea and ensure the welfare of families associated with…

Continue Reading
commerce: No ban on onion exports; USD 523 million exported during Apr-Dec 2022: Commerce ministry
Posted in Economy

commerce: No ban on onion exports; USD 523 million exported during Apr-Dec 2022: Commerce ministry

There is no ban on exports of onion and India has shipped the commodity worth USD 523.8 million during April-December 2022, the commerce ministry said…

Continue Reading
India's imports & exports dip in January, trade deficit narrows
Posted in Economy

India’s imports & exports dip in January, trade deficit narrows

India‘s exports in January dipped by 6.58 per cent to $32.91 billion compared to $35.23 billion in the same month last year, data from the…

Continue Reading
Guidelines for farmers' subsidy to be revised: Shobha Karandlaje
Posted in Economy

Guidelines for farmers’ subsidy to be revised: Shobha Karandlaje

The Centre will introduce new guidelines for releasing subsidies to farmers for the purchase of farm machinery and tools, Union Minister of State for Agriculture…

Continue Reading
India seeks talks before WTO fixes ecommerce rules
Posted in Economy

India seeks talks before WTO fixes ecommerce rules

India has pitched for deeper deliberations to take place before the World Trade Organisation (WTO) defines rules in the ongoing discussions on e-commerce trade. An…

Continue Reading