Tag: trade

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Switzerland scraps MFN clause in tax treaty with India

New Delhi: Switzerland announced that it will suspend the most favoured nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India effective January…

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OECD raises India’s FY25 growth forecast to 6.8%
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OECD raises India’s FY25 growth forecast to 6.8%

The Organization for Economic Co-operation and Development (OECD) Tuesday raised India’s economic growth forecast for 2024-25 to 6.8% from 6.6% in May, driven by strong…

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Plan in works to prioritise EFTA investments

New Delhi: India is developing a mechanism to prioritise investments from the members of the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland…

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India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRI
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India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRI

New Delhi: India’s services exports are expected to reach $618.21 billion by FY30, edging past merchandise exports, which are projected at $613.04 billion, think tank…

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Christmas orders push October goods exports to a 2-year high of 17.3%

New Delhi: India’s merchandise exports surged 17.3% on year – the highest in 28 months – to $39.2 billion in October, driven by improved demand…

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Q3 goods exports seen growing 1.85% on-yr: EXIM Bank
Posted in Economy

Q3 goods exports seen growing 1.85% on-yr: EXIM Bank

Led by sustained momentum in economic activity and improving demand prospects in trading partners supported by expected global monetary easing, India’s merchandise exports are likely…

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BRICS nations agree to boost trade, financial settlement in local currencies
Posted in Economy

BRICS nations agree to boost trade, financial settlement in local currencies

Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and depositary infrastructure,…

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At WTO, India breathes fire over Dragon’s trade policies

New Delhi: India has questioned several moves by China at the World Trade Organisation (WTO), turning the heat on non-transparent subsidies that lead to an…

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Posted in Economy

trade deficit: India’s trade deficit for September narrows sequentially to $20.78 bn

India‘s trade deficit widened to $20.78 billion on an annual basis in September from $20.08 billion in the same month last year, data from the…

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India-Canada diplomatic row: No immediate impact on trade ties

New Delhi: India doesn’t expect an immediate impact on its trade ties with Canada due to the disrupted diplomatic relations and there is nothing to…

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